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Metalsa Metaalwerken

Active
Private limited company (pre-2019)founded 2010active for 16 yearsPaenhuisstraat 50, 3500 Hasselt, BelgiumKBO/BCE: BE 0825.279.364
Summary

Metalsa Metaalwerken has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,500 and a net result of -€10,376. Equity has been growing by about 3.4% per year since 2018. Its solvency ranks better than 85% of 2,332 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-04-2010 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 1 other
Establishment unit
2.188.703.347 3500 Hasselt, since 22-04-2010
Financial year end
31 December
Peppol
Reachable since 08-06-2026

Board and ownership

Board
  • Mitalsi AhmedDirector · since 22-04-2010
  • Mitalsi YousefDirector · since 22-04-2010

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€7,607
Loss
€10,376
Equity
€65,500
▼ 13.7%
Total assets
€81,086
▼ 16.9%
  • 2025 accounts filed 27 days after the deadline
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLoss of €10,376 (financial year 2025)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 5.20, cash €58,709Equity €65,500 (80.8% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 80.8% of total assets
Liquidity 94+2
short-term debt 19.2% · cash 72.4%
Profitability 6-94
return on assets -12.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.2 (4.5 in 2024), above the usual 1.5. Short-term debt is 19.2% and cash 72.4% of total assets. 19.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 90% of them on solvency, 91% on liquidity, 9% on profitability and 20% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 5.20, cash €58,709
NBB · annual accounts
raises risk · Loss of €10,376 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €65,500 (80.8% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
34 days early
2023
29 days early
2022
29 days late
2021
12 days late
2020
18 days early
2019
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 25), the median for financial year 2024 was 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 12 August (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €40,081 in 2024 -€10,376 View
  • Caution: Lower net result than 88% of companies in fabricated metal productssector median €12,117 · 2,332 companies -€10,376 View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Metalsa Metaalwerken: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €52,800 and €89,100, founded between 2004 and 2013.

CompanyTotal assetsGross margin
Metalsa Metaalwerken Hasselt€81,086-€7,607
MARCEL MOREAU Soumagne€89,063-€1,587
Meduco Estaimpuis€77,657-€2,803
RvR Technicals Ath€57,276-€4,013
KUM DAMIS SOUDURE Marche-en-Famenne€54,665-€96,455
TMA Solutions Merksplas€84,370-€8,985
STAINLESS ART SKILLS Izegem€52,774-€3,252
Full comparison

Key facts about Metalsa Metaalwerken

What is the company number of Metalsa Metaalwerken?
The company number of Metalsa Metaalwerken is 0825.279.364. The VAT number is the same number with BE in front: BE 0825.279.364.
Where is Metalsa Metaalwerken based?
The registered office is at Paenhuisstraat 50, 3500 Hasselt.Company details
What does Metalsa Metaalwerken do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of Metalsa Metaalwerken?
The legal form of Metalsa Metaalwerken is Private limited company (pre-2019) (BVBA).
When was Metalsa Metaalwerken founded?
Metalsa Metaalwerken was founded on 22-04-2010.
Is Metalsa Metaalwerken still active?
Yes, Metalsa Metaalwerken is an active enterprise in the KBO register.
What is the turnover of Metalsa Metaalwerken?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is Metalsa Metaalwerken profitable?
In financial year 2025, Metalsa Metaalwerken made a loss of €10,376.
Where can I find the annual accounts of Metalsa Metaalwerken?
Metalsa Metaalwerken filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Metalsa Metaalwerken due?
Metalsa Metaalwerken must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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