METALON
ActiveMETALON has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.57M and a net result of €1.14M. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 47% of 1850 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-1
Solvency65▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.25 in 2023; short-term debt: 29.8% and cash: 16.2% of total assets), and 60.1% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 17
Relative position
BE, all sectors
reference
Sector 17
higher
← 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 2024Solvency, return and age of the figures
Solvency
39.9%
Return on assets
6.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
61 d early
2022
21 d early
2021
23 d early
2020
33 d early
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€6.57M▲ 15.9%
2023 · €5.66M
2018: €921k
2019: €1.13M
2020: €4.62M
2021: €4.92M
2022: €4.46M
2023: €5.66M
2018 → 2024
Total assets
€16.43M▲ 2.4%
2023 · €16.05M
2018: €5.30M
2019: €5.97M
2020: €8.50M
2021: €15.71M
2022: €14.90M
2023: €16.05M
2018 → 2024
Net result
€1.14M▼ 5.0%
2023 · €1.20M
2018: €229k
2019: €284k
2020: €190k
2021: €300k
2022: €-452k
2023: €1.20M
2018 → 2024
Working capital
€2.13M▲ 72.0%
2023 · €1.24M
2018: €850k
2019: €1.08M
2020: €4.62M
2021: €1.57M
2022: €289k
2023: €1.24M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.62M-€4.92M▲ 6.5%€4.46M▼ 9.2%€5.66M▲ 26.9%€6.57M▲ 15.9%
Operating result€323k-€721k▲ 123%€-270k€1.71M€1.83M▲ 6.6%
Net result€190k-€300k▲ 57.7%€-452k€1.20M€1.14M▼ 5.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16.43M
Fixed assets
€9.41M▼ 3.5%
Current assets
€7.03M▲ 11.5%
Equity and liabilities €16.43M
Equity
€6.57M▲ 15.9%
Provisions
€0▼ 100%
Debt
€9.87M▼ 5.0%
The debt ratio falls from 64.7% to 60.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.47M▲
2023 · €2.32M
Cash flow
€1.79M▼
2023 · €1.80M
Solvency
39.9%▲
2023 · 35.3%
Current ratio
1.44▲
2023 · 1.25
Quick ratio
1.44▲
2023 · 1.25
Debt / equity
1.50▼
2023 · 1.83
ROE
17.4%▼
2023 · 21.2%
ROA
6.9%▼
2023 · 7.5%
Interest coverage
7.43▼
2023 · 9.51
Debt
€9.87M▼
2023 · €10.38M
Debt ≤ 1 year
€4.89M▼
2023 · €5.06M
Debt > 1 year
€4.67M▼
2023 · €5.11M
Income taxes
€433k▲
2023 · €281k
Staff costs
€1.63M▼
2023 · €1.68M
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€16.05M€16.43M▲
Fixed assets21/28€9.75M€9.41M▼
Tangible fixed assets22/27€9.71M€9.36M▼
Land and buildings22€53k€49k▼
Plant, machinery and equipment23€1.12M€1.06M▼
Furniture and vehicles24€151k€344k▲
Leasing and similar rights25€8.39M€7.91M▼
Financial fixed assets28€40k€42k▲
Current assets29/58€6.30M€7.03M▲
Amounts receivable within one year40/41€878k€663k▼
Trade receivables40€873k€663k▼
Other amounts receivable41€5k€15▼
Current investments50/53€2.00M€2.00M=
Cash at bank and in hand54/58€1.51M€2.65M▲
Deferred charges and accrued income490/1€1.92M€1.71M▼
Equity and liabilities
Total equity and liabilities10/49€16.05M€16.43M▲
Equity10/15€5.66M€6.57M▲
Contributions10/11€3.36M€3.36M=
Capital10€3.36M€3.36M=
Issued capital100€3.36M€3.36M=
Reserves13€2.18M€3.08M▲
Non-distributable reserves130/1€67k€127k▲
Legal reserve130€67k€127k▲
Tax-exempt reserves132€442k€439k▼
Distributable reserves133€1.67M€2.51M▲
Profit (loss) carried forward14€121k€125k▲
Provisions and deferred taxes16€1k€0▼
Deferred taxes168€1k€0▼
Amounts payable17/49€10.38M€9.87M▼
Amounts payable after more than one year17€5.11M€4.67M▼
Financial debts170/4€5.11M€4.67M▼
Amounts payable within one year42/48€5.06M€4.89M▼
Current portion of amounts payable after more than one year42€458k€440k▼
Trade debts44€384k€125k▼
Suppliers440/4€384k€125k▼
Taxes, remuneration and social security45€363k€352k▼
Taxes450/3€184k€179k▼
Remuneration and social security454/9€179k€173k▼
Other amounts payable47/48€3.86M€3.98M▲
Accrued charges and deferred income492/3€217k€309k▲
Income statement
Code20232024
Non-recurring operating income76A€211k€97k▼
Remuneration, social security and pensions62€1.68M€1.63M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€602k€648k▲
Other operating charges640/8€48k€7k▼
Gross operating margin9900€4.05M€4.11M▲
Operating profit (loss)9901€1.71M€1.83M▲
Financial income75/76B€11k€79k▲
Recurring financial income75€11k€79k▲
Financial charges65/66B€244k€333k▲
Recurring financial charges65€244k€333k▲
Profit (loss) for the period before taxes9903€1.48M€1.57M▲
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€281k€433k▲
Profit (loss) for the period9904€1.20M€1.14M▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€1.20M€1.14M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.28M€1.27M▼
Profit (loss) brought forward from the previous period14P€78k€121k▲
Transfer from equity791/2€0-
Transfer to equity691/2€1.16M€900k▼
To the legal reserve6920€61k€60k▼
To other reserves6921€1.10M€840k▼
Profit to be distributed694/7-€240k
Directors or managers695-€240k
Social balance
Average headcount (FTE)908721.420.9▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €1.20M
Net result €1.20M after one loss-making year.
31-12
Financial
Equity above €5MEq €5.66M ▲26.9%
Equity rises from €4.46M to €5.66M.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-452k ▼251%
Net result drops to €-452k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €4.62M ▲310%
3 profitable years in a row build equity to €4.62M.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.13M ▲22.1%
2 profitable years in a row build equity to €1.13M.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1990
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.
Steentijdstraat(VER) 12879130 Beveren-Kruibeke-ZwijndrechtGround area
3.3 ha
Building footprint
1.8 ha
Volume, LiDAR
244 m³
Parcel 46027B1222/00A000, Flanders · tallest building 2.0 m. Linked by address, not a title deed.
1 establishment unit
METALON
since 19902.046.982.486
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46027B1222/00A000 | Flanders | 3.3 ha | 1 · 1.8 ha | 2.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2022 to 2025 · 6 entries · 17,788 EUR awarded · 18,024 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 10,296 EUR | 10,456 EUR |
| 2024 | 2 | 6,277 EUR | 6,117 EUR |
| 2023 | 1 | 718 EUR | 986 EUR |
| 2022 | 1 | 497 EUR | 465 EUR |
Schemes
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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EURODIVIDERS
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Of 189 companies in sector 17210 we hold annual accounts for 154. 91 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-01-1990
Fiscal year end31-12
Activities, NACEBEL
17210Manufacture of paper and paper products
16240Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
49410Freight transport by road
68203Renting and operating of own or leased non-residential real estate, excluding land
81220Other building cleaning and industrial cleaning
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.