METALCARE
ActiveSummary
METALCARE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€83,765) and a net result of €6,309. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 7% of 1920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+15
Solvency9=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.24 in 2024; short-term debt: 83.8% and cash: 0.8% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-15.6%
Return on assets
1.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 1920 sector peers (2025).
NBB · sector comparisonPosition among 1920 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
95 d early
2024
105 d early
2023
92 d early
2022
87 d early
2021
87 d early
2020
94 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 88 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€83,765▲ 7.0%
2024 · -€90,074
Total assets
€537,509▼ 6.6%
2024 · €575,640
Net result
€6,309
2024 · -€8,553
Working capital
-€341,824▼ 0.6%
2024 · -€339,780
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,334▲ 109%-€8,416€15,653€886▼ 94.3%€8,814▲ 895%
Net result€811within the sector's middle half-€18,562below the sector's middle half€4,956within the sector's middle half-€8,553below the sector's middle half€6,309within the sector's middle half
Equity-€67,915below the sector's middle half▲ 1.2%-€86,477below the sector's middle half▼ 27.3%-€81,521below the sector's middle half▲ 5.7%-€90,074below the sector's middle half▼ 10.5%-€83,765below the sector's middle half▲ 7.0%
Total assets€645,374above the sector's middle half▼ 4.5%€637,686above the sector's middle half▼ 1.2%€597,359above the sector's middle half▼ 6.3%€575,640above the sector's middle half▼ 3.6%€537,509above the sector's middle half▼ 6.6%
Debt€713,289▼ 4.2%€724,163▲ 1.5%€678,880▼ 6.3%€665,715▼ 1.9%€621,274▼ 6.7%
Working capital-€286,213below the sector's middle half▼ 4.8%-€312,388below the sector's middle half▼ 9.1%-€320,179below the sector's middle half▼ 2.5%-€339,780below the sector's middle half▼ 6.1%-€341,824below the sector's middle half▼ 0.6%
Solvency-10.5%below the sector's middle half▼ 0.4pp-13.6%below the sector's middle half▼ 3.0pp-13.6%below the sector's middle half▼ 0.1pp-15.6%below the sector's middle half▼ 2.0pp-15.6%below the sector's middle half▲ 0.1pp
Current ratio0.22below the sector's middle half▲ 0.010.24below the sector's middle half▲ 0.030.24below the sector's middle half=0.24below the sector's middle half=0.24below the sector's middle half=
Return on assets (ROA)0.1%below the sector's middle half▲ 1.0pp-2.9%below the sector's middle half▼ 3.0pp0.8%within the sector's middle half▲ 3.7pp-1.5%below the sector's middle half▼ 2.3pp1.2%within the sector's middle half▲ 2.7pp
Staff (FTE)5.9▲ 15.7%6▲ 1.7%6=5.1▼ 15.0%6▲ 17.6%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 895% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €537,509
Fixed assets
€428,750 ▼ 8.4%
Current assets
€108,759 ▲ 1.1%
Key figures and ratios
EBITDA
€48,524▲
2024 · €42,984
Cash flow
€46,020▲
2024 · €33,545
Quick ratio
0.18▼
2024 · 0.19
Debt to equity
-7.42▼
2024 · -7.39
Interest coverage
18.64▲
2024 · 4.55
Debt ≤ 1 year
€450,582▲
2024 · €447,404
Debt > 1 year
€170,692▼
2024 · €218,310
Staff costs
€258,190▼
2024 · €261,023
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €201,901 | €204,452 | €220,298 | €261,023 | €258,190 | ▼ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,821 | €40,977 | €41,571 | €42,099 | €39,711 | ▼ 5.7% |
| Other operating charges640/8 | €9,136 | €9,759 | €6,584 | €8,344 | €7,901 | ▼ 5.3% |
| Gross operating margin9900 | €267,191 | €246,772 | €284,105 | €312,350 | €314,615 | ▲ 0.7% |
| Operating profit (loss)9901 | €15,334 | -€8,416 | €15,653 | €886 | €8,814 | ▲ 895% |
| Financial income75/76B | €10 | €1,425 | - | - | €99 | - |
| Recurring financial income75 | €10 | €1,425 | - | - | €99 | - |
| Financial charges65/66B | €14,532 | €11,571 | €10,696 | €9,439 | €2,604 | ▼ 72.4% |
| Recurring financial charges65 | €14,532 | €11,571 | €10,696 | €9,439 | €2,604 | ▼ 72.4% |
| Profit (loss) for the period before taxes9903 | €811 | -€18,562 | €4,956 | -€8,553 | €6,309 | ▲ 174% |
| Profit (loss) for the period9904 | €811 | -€18,562 | €4,956 | -€8,553 | €6,309 | ▲ 174% |
| Profit (loss) for the period to be appropriated9905 | €811 | -€18,562 | €4,956 | -€8,553 | €6,309 | ▲ 174% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €645,374 | €637,686 | €597,359 | €575,640 | €537,509 | ▼ 6.6% |
| Fixed assets21/28 | €566,704 | €537,059 | €496,709 | €468,016 | €428,750 | ▼ 8.4% |
| Tangible fixed assets22/27 | €248,949 | €219,202 | €178,444 | €149,343 | €109,670 | ▼ 26.6% |
| Land and buildings22 | €170,839 | €146,434 | €122,028 | €97,622 | €73,217 | ▼ 25.0% |
| Plant, machinery and equipment23 | €58,621 | €58,660 | €48,146 | €48,929 | €36,342 | ▼ 25.7% |
| Furniture and vehicles24 | €2,045 | €1,603 | €702 | €160 | €111 | ▼ 30.9% |
| Leasing and similar rights25 | €17,443 | €12,506 | €7,568 | €2,631 | - | - |
| Financial fixed assets28 | €317,755 | €317,857 | €318,265 | €318,673 | €319,081 | ▲ 0.1% |
| Current assets29/58 | €78,670 | €100,627 | €100,650 | €107,624 | €108,759 | ▲ 1.1% |
| Stocks and contracts in progress3 | €19,728 | €21,979 | €21,668 | €23,983 | €27,032 | ▲ 12.7% |
| Stocks30/36 | €19,728 | €21,979 | €21,668 | €23,983 | €27,032 | ▲ 12.7% |
| Amounts receivable within one year40/41 | €58,660 | €60,929 | €68,218 | €73,572 | €77,542 | ▲ 5.4% |
| Trade receivables40 | €49,624 | €45,892 | €53,181 | €58,536 | €59,129 | ▲ 1.0% |
| Other amounts receivable41 | €9,037 | €15,037 | €15,037 | €15,037 | €18,413 | ▲ 22.5% |
| Cash at bank and in hand54/58 | €282 | €17,719 | €10,765 | €10,069 | €4,185 | ▼ 58.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €645,374 | €637,686 | €597,359 | €575,640 | €537,509 | ▼ 6.6% |
| Equity10/15 | -€67,915 | -€86,477 | -€81,521 | -€90,074 | -€83,765 | ▲ 7.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Outside capital11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Other1109/19 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€87,915 | -€106,477 | -€101,521 | -€110,074 | -€103,765 | ▲ 5.7% |
| Amounts payable17/49 | €713,289 | €724,163 | €678,880 | €665,715 | €621,274 | ▼ 6.7% |
| Amounts payable after more than one year17 | €348,405 | €311,148 | €258,051 | €218,310 | €170,692 | ▼ 21.8% |
| Financial debts170/4 | €348,405 | €311,148 | €258,051 | €218,310 | €170,692 | ▼ 21.8% |
| Amounts payable within one year42/48 | €364,884 | €413,015 | €420,829 | €447,404 | €450,582 | ▲ 0.7% |
| Current portion of amounts payable after more than one year42 | €54,373 | €49,768 | €48,817 | €50,244 | €48,650 | ▼ 3.2% |
| Financial debts43 | €5,928 | - | - | - | - | - |
| Credit institutions430/8 | €5,928 | - | - | - | - | - |
| Trade debts44 | €29,942 | €29,987 | €27,537 | €65,192 | €47,717 | ▼ 26.8% |
| Suppliers440/4 | €29,942 | €29,987 | €27,537 | €65,192 | €47,717 | ▼ 26.8% |
| Advances received on contracts in progress46 | €1,425 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €17,988 | €23,097 | €30,462 | €20,606 | €23,672 | ▲ 14.9% |
| Taxes450/3 | €8,832 | €17,771 | €14,857 | €14,614 | €17,499 | ▲ 19.7% |
| Remuneration and social security454/9 | €9,156 | €5,327 | €15,605 | €5,992 | €6,173 | ▲ 3.0% |
| Other amounts payable47/48 | €255,228 | €310,163 | €314,013 | €311,363 | €330,543 | ▲ 6.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €811 | -€18,562 | €4,956 | -€8,553 | €6,309 | ▲ 174% |
| + Depreciation and write-downs630 | €40,821 | €40,977 | €41,571 | €42,099 | €39,711 | ▼ 5.7% |
| Operating cash flow (approximation) | €41,632 | €22,415 | €46,527 | €33,545 | €46,020 | ▲ 37.2% |
| Investment in fixed assets (approximation) | - | -€11,333 | -€1,221 | -€13,405 | -€445 | ▲ 96.7% |
| Change in cash | - | €17,437 | -€6,954 | -€695 | -€5,884 | ▼ 746% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €6,309
Net result €6,309 after one loss-making year.
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4,956
Net result €4,956 after one loss-making year.
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €811
Net result €811 after 2 loss-making years.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€29,061
Net result drops to -€29,061, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2009
Ground area
1,250 m²
Building footprint
1,269 m²
Volume, LiDAR
7,605 m³
Parcel 25112B0048/00D002, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
METALCARE
since 20092.176.846.185
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112B0048/00D002 | Wallonia | 1,250 m² | 1 · 1,269 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of METALCARE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 710 companies in sector 25510 we hold annual accounts for 410. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-2008
Fiscal year end31-12
Activities, NACEBEL 2025
25510Coating of metals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0808900321
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.