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MetalNath

Active
Private limited companyfounded 2022active for 3 yearsRue des Goutteaux 6, 6044 Charleroi, BelgiumKBO/BCE: BE 0794.796.026
Summary

The computed 12-month bankruptcy probability of MetalNath is 2.9% (moderate). The 2025 annual accounts show equity of €45,962 and a net result of -€36,469. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 40% of 2,278 sector peers (NACE 25, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Coating of metals
NACE 25510
1 site
Size
€48,472turnover 2025
Equity
€45,962
Loss
-€36,469
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts 70 days early0 of 1 deed read
Why 49raises riskLiquidity: current ratio 2.59, cash €0, halvedFounded in 2022Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Size: turnover €48,472, total assets €129,295Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Weak
Solvency 61-26
equity 35.5% of total assets
Liquidity 41-9
short-term debt 24.2% · cash 0.0%
Profitability 0-91
return on assets -28.2%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,699 companies, NACE 25, micro)
Last 24 months 11-2024: 1.2%lowest value 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%▲ +0.1 percentage points vs 04-2025 06-2025: 2.9%▲ +1.5 percentage points vs 05-2025 07-2025: 2.7%▼ -0.2 percentage points vs 06-2025 08-2025: 2.7%● unchanged vs 07-2025 09-2025: 2.5%▼ -0.2 percentage points vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.6%▲ +0.1 percentage points vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.7%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 3.5%▲ +0.8 percentage points vs 05-2026highest value 07-2026: 3.5%● unchanged vs 06-2026highest value 08-2026: 2.9%▼ -0.6 percentage points vs 07-2026 09-2026: 2.9%● unchanged vs 08-2026 10-2026: 2.9%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.59, compared with 5.65 in 2024, above the usual 1.5; short-term debt: 24.2% and cash: 0% of total assets), but 64.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 38% on solvency, 30% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Liquidity: current ratio 2.59, cash €0, halved
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Size: turnover €48,472, total assets €129,295
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 22-05-2026, 70 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
70 days early
2024
97 days early
2023
107 days early
2022
116 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 98 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 April (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€36,469
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: From profit to loss in 2025after €19,494 in 2024 -€36,469 View
  • Caution: Among the weakest 5% on net resultsector median €12,134 · 2,278 companies -€36,469 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Turnover
€48,472
Loss
-€36,469
Solvency
35.5%
Turnover▼ 56.7%
Net result
20222025
Go to Financials

Timeline

Events
5
Since
2023
Next accounts
by 31-07-2027
  1. 15-04-2024Annual accounts filed
  2. 06-04-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Coating of metalsNACE 25510
Founded
14-12-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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