METALLBAU ERWIN HANSEN
ActiveMETALLBAU ERWIN HANSEN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20k and a net result of €-10k. Equity is shrinking by ~12.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-90
Solvency39▼-15
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.35 in 2023; short-term debt: 85.5% and cash: 52.3% of total assets), and 85.5% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
14.5%
Return on assets
-7.2%
Age of the figures
20 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
64 d late
2023
65 d late
2022
68 d late
2021
78 d late
2020
85 d early
2019
117 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, unclassified schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-10k
2023 · €92k
2018: €14k
2019: €5k
2020: €-20k
2021: €-2k
2022: €-78k
2023: €92k
2018 → 2024
Working capital
€17k▼ 34.0%
2023 · €25k
2018: €-60k
2019: €-34k
2020: €-54k
2021: €-51k
2022: €-134k
2023: €25k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€35k▼ 6.6%€-44k€30k€20k▼ 33.3%
Operating result€-13k-€7k€-70k€86k€-9k
Net result€-20k-€-2k▲ 91.3%€-78k▼ 4,433%€92k€-10k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €86k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €138k
Fixed assets
€3k▼ 34.6%
Current assets
€135k▲ 38.0%
Equity and liabilities €138k
Equity
€20k▼ 33.3%
Debt
€118k▲ 62.2%
The debt ratio rises from 70.9% to 85.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2023 · €88k
Cash flow
€-8k▼
2023 · €94k
Solvency
14.5%▼
2023 · 29.1%
Current ratio
1.14▼
2023 · 1.35
Quick ratio
1.14▼
2023 · 1.29
Debt / equity
5.91▲
2023 · 2.43
ROE
-49.9%▼
2023 · 308.3%
ROA
-7.2%▼
2023 · 89.9%
Interest coverage
-10.38▼
2023 · 8.41
Debt
€118k▲
2023 · €73k
Debt ≤ 1 year
€118k▲
2023 · €73k
Income taxes
€674▼
2023 · €2k
Staff costs
€12k▼
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€103k€138k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€1k€694▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€98k€135k▲
Stocks and contracts in progress3€4k-
Stocks30/36€2k-
Contracts in progress37€2k-
Amounts receivable within one year40/41€59k€49k▼
Trade receivables40€59k€49k▼
Other amounts receivable41€58€58=
Cash at bank and in hand54/58€17k€72k▲
Deferred charges and accrued income490/1€17k€13k▼
Equity and liabilities
Total equity and liabilities10/49€103k€138k▲
Equity10/15€30k€20k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€10k€-464▼
Amounts payable17/49€73k€118k▲
Amounts payable within one year42/48€73k€118k▲
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€31k€15k▼
Suppliers440/4€31k€15k▼
Advances received on contracts in progress46€8k-
Taxes, remuneration and social security45€12k€14k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€22k€86k▲
Accrued charges and deferred income492/3€358-
Income statement
Code20232024
Non-recurring operating income76A€15k€1k▼
Remuneration, social security and pensions62€34k€12k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€6k€10k▲
Gross operating margin9900€129k€15k▼
Operating profit (loss)9901€86k€-9k▼
Financial income75/76B€18k€174▼
Recurring financial income75€18k€174▼
Financial charges65/66B€10k€689▼
Recurring financial charges65€10k€689▼
Profit (loss) for the period before taxes9903€94k€-9k▼
Income taxes67/77€2k€674▼
Profit (loss) for the period9904€92k€-10k▼
Profit (loss) for the period to be appropriated9905€92k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-464▼
Profit (loss) brought forward from the previous period14P€-83k€10k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 64 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 65 days late
2023
31-12
Financial
Back to profitnet €92k
Net result €92k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.35
Current ratio from 0.48 to 1.35; short-term debt falls from €258k to €73k.
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 68 days late
2022
31-12
Financial
Weakest financial yearnet €-78k
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 78 days late
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
05-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Eupen · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Buschbergerweg 144701 Eupen1 establishment unit
Buschbergerweg 14, 4701 Eupen
since 20102.184.908.469
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Of 984 companies in sector 25401 we hold annual accounts for 407. 226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-2009
Fiscal year end31-12
Activities, NACEBEL
25401Forging of metal
25110Manufacture of metal structures and parts of structures
25530Machining of metals
43990Other specialised construction activities
43999Specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.