Metaline Construct
ActiveSummary
The computed 12-month bankruptcy probability of Metaline Construct is 1.8% (moderate). The 2025 annual accounts show equity of €175k and a net result of €39k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 1909 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability78=
Solvency59▲+9
Growth52=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.11 in 2024; short-term debt: 10.7% and cash: 7.8% of total assets), but 66.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.9%
Return on assets
7.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-01-2026, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€175k▲ 28.6%
2024 · €136k
2023: €96klowest in 3 years
2024: €136k▲ +40.9% vs 2023
2025: €175k▲ +28.6% vs 2024highest in 3 years
2023 → 2025
Total assets
€516k▼ 5.0%
2024 · €544k
2023: €525k
2024: €544k▲ +3.6% vs 2023highest in 3 years
2025: €516k▼ -5.0% vs 2024lowest in 3 years
2023 → 2025
Net result
€39k▼ 1.4%
2024 · €39k
2023: €89khighest in 3 years
2024: €39k▼ -55.7% vs 2023
2025: €39k▼ -1.4% vs 2024lowest in 3 years
2023 → 2025
Working capital
€47k▲ 345%
2024 · €11k
2023: €-26klowest in 3 years
2024: €11k▲ +141% vs 2023
2025: €47k▲ +345% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€96k-€136k▲ 40.9%€175k▲ 28.6%
2023: €96klowest in 3 years
2024: €136k▲ +40.9% vs 2023
2025: €175k▲ +28.6% vs 2024highest in 3 years
Operating result€126k-€60k▼ 52.5%€59k▼ 2.4%
2023: €126khighest in 3 years
2024: €60k▼ -52.5% vs 2023
2025: €59k▼ -2.4% vs 2024lowest in 3 years
Net result€89k-€39k▼ 55.7%€39k▼ 1.4%
2023: €89khighest in 3 years
2024: €39k▼ -55.7% vs 2023
2025: €39k▼ -1.4% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €516k
Fixed assets
€414k ▼ 5.4%
Current assets
€103k ▼ 3.2%
Equity and liabilities €516k
Equity
€175k ▲ 28.6%
Debt
€342k ▼ 16.2%
Debt's share of the balance-sheet total falls from 75.0% to 66.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▼
2024 · €84k
Cash flow
€63k▼
2024 · €64k
Current ratio
1.86▲
2024 · 1.11
Quick ratio
1.68▲
2024 · 1.03
Debt to equity
1.95▼
2024 · 3.00
ROE
22.2%▼
2024 · 29.0%
ROA
7.5%▲
2024 · 7.3%
Interest coverage
16.96▲
2024 · 16.12
Debt ≤ 1 year
€55k▼
2024 · €95k
Debt > 1 year
€286k▼
2024 · €312k
Income taxes
€15k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€544k€516k▼
Fixed assets21/28€438k€414k▼
Tangible fixed assets22/27€438k€414k▼
Land and buildings22€420k€404k▼
Plant, machinery and equipment23€15k€9k▼
Furniture and vehicles24€2k€821▼
Current assets29/58€106k€103k▼
Stocks and contracts in progress3€8k€10k▲
Stocks30/36€8k€10k▲
Amounts receivable within one year40/41€32k€49k▲
Trade receivables40€32k€46k▲
Other amounts receivable41€0€3k▲
Cash at bank and in hand54/58€63k€40k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€544k€516k▼
Equity10/15€136k€175k▲
Contributions10/11€8k€8k=
Reserves13€128k€167k▲
Distributable reserves133€128k€167k▲
Amounts payable17/49€408k€342k▼
Amounts payable after more than one year17€312k€286k▼
Financial debts170/4€312k€286k▼
Amounts payable within one year42/48€95k€55k▼
Current portion of amounts payable after more than one year42€25k€26k▲
Trade debts44€10k€7k▼
Suppliers440/4€10k€7k▼
Taxes, remuneration and social security45€9k€6k▼
Taxes450/3€5k€6k▲
Remuneration and social security454/9€5k€0▼
Other amounts payable47/48€51k€17k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€24k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€88k€86k▼
Operating profit (loss)9901€60k€59k▼
Financial income75/76B€174€303▲
Recurring financial income75€174€303▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€55k€54k▼
Income taxes67/77€15k€15k▼
Profit (loss) for the period9904€39k€39k▼
Profit (loss) for the period to be appropriated9905€39k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€39k▼
Transfer to equity691/2€39k€39k▼
To other reserves6921€39k€39k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69k | €25k | €24k | ▼ 3.4% |
| Other operating charges640/8 | €3k | €4k | €4k | ▲ 7.5% |
| Gross operating margin9900 | €198k | €88k | €86k | ▼ 2.3% |
| Operating profit (loss)9901 | €126k | €60k | €59k | ▼ 2.4% |
| Financial income75/76B | €344 | €174 | €303 | ▲ 73.8% |
| Recurring financial income75 | €344 | €174 | €303 | ▲ 73.8% |
| Financial charges65/66B | €8k | €5k | €5k | ▼ 7.5% |
| Recurring financial charges65 | €8k | €5k | €5k | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | €119k | €55k | €54k | ▼ 1.7% |
| Income taxes67/77 | €30k | €15k | €15k | ▼ 2.4% |
| Profit (loss) for the period9904 | €89k | €39k | €39k | ▼ 1.4% |
| Profit (loss) for the period to be appropriated9905 | €89k | €39k | €39k | ▼ 1.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €525k | €544k | €516k | ▼ 5.0% |
| Fixed assets21/28 | €460k | €438k | €414k | ▼ 5.4% |
| Tangible fixed assets22/27 | €460k | €438k | €414k | ▼ 5.4% |
| Land and buildings22 | €437k | €420k | €404k | ▼ 4.0% |
| Plant, machinery and equipment23 | €22k | €15k | €9k | ▼ 38.9% |
| Furniture and vehicles24 | €1k | €2k | €821 | ▼ 57.8% |
| Current assets29/58 | €64k | €106k | €103k | ▼ 3.2% |
| Stocks and contracts in progress3 | - | €8k | €10k | ▲ 26.7% |
| Stocks30/36 | - | €8k | €10k | ▲ 26.7% |
| Amounts receivable within one year40/41 | €48k | €32k | €49k | ▲ 55.3% |
| Trade receivables40 | €41k | €32k | €46k | ▲ 46.0% |
| Other amounts receivable41 | €7k | €0 | €3k | - |
| Cash at bank and in hand54/58 | €13k | €63k | €40k | ▼ 36.3% |
| Deferred charges and accrued income490/1 | €4k | €3k | €4k | ▲ 4.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €525k | €544k | €516k | ▼ 5.0% |
| Equity10/15 | €96k | €136k | €175k | ▲ 28.6% |
| Contributions10/11 | €8k | €8k | €8k | = |
| Reserves13 | €89k | €128k | €167k | ▲ 30.3% |
| Distributable reserves133 | €89k | €128k | €167k | ▲ 30.3% |
| Amounts payable17/49 | €428k | €408k | €342k | ▼ 16.2% |
| Amounts payable after more than one year17 | €338k | €312k | €286k | ▼ 8.3% |
| Financial debts170/4 | €338k | €312k | €286k | ▼ 8.3% |
| Amounts payable within one year42/48 | €91k | €95k | €55k | ▼ 42.0% |
| Current portion of amounts payable after more than one year42 | €25k | €25k | €26k | ▲ 1.9% |
| Trade debts44 | €12k | €10k | €7k | ▼ 33.1% |
| Suppliers440/4 | €12k | €10k | €7k | ▼ 33.1% |
| Taxes, remuneration and social security45 | €9k | €9k | €6k | ▼ 37.2% |
| Taxes450/3 | €7k | €5k | €6k | ▲ 22.3% |
| Remuneration and social security454/9 | €2k | €5k | €0 | ▼ 100% |
| Other amounts payable47/48 | €45k | €51k | €17k | ▼ 66.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €89k | €39k | €39k | ▼ 1.4% |
| + Depreciation and write-downs630 | €69k | €25k | €24k | ▼ 3.4% |
| Operating cash flow (approximation) | €158k | €64k | €63k | ▼ 2.2% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | ▲ 100% |
| Change in cash | - | €50k | €-23k | ▼ 146% |
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
02-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €39k ▼1.4%
Net result drops to €39k, the lowest in the series.
30-06
Financial
Equity above €150kEq €175k ▲28.6%
3 profitable years in a row build equity to €175k.
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €100kEq €136k ▲40.9%
2 profitable years in a row build equity to €136k.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Zwevegem · 1 establishment unit since 2021
Ground area
2,958 m²
Building footprint
753 m²
Volume, LiDAR
5,225 m³
Parcel 34028A0008/00T000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Metaline Construct
since 20212.323.728.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34028A0008/00T000 | Flanders | 2,958 m² | 1 · 752 m² | 7.9 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 140 EUR awarded · 140 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 140 EUR | 140 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
NEOTEC
BE 0480.258.975
Dendermonde · Eq €174,877
Ninclaus Construct
BE 0782.863.244
Tielt · Eq €174,536
E & A CONSTRUCT
BE 0641.644.409
Genk · Eq €174,509
PUUR STAAL
BE 0865.455.576
Herk-de-Stad · Eq €176,332
MetalwoRK
BE 0671.581.082
Geraardsbergen · Eq €172,638
Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,664 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-11-2021
Fiscal year end30-06
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
Scores and ratios are computed by Checked and are not a credit decision.