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METALSAB

Active Private limited companyfounded 2005active for 21 yearsEn Petite Foxhalle 116, 4040 HerstalKBO/BCE: BE 0876.507.440

Lifetime

20 annual accounts with figures on one time axis
peak €449,054 (2017)
€316,673▼ 12.0%
lowest -€17,601 (2010)
€4,519▼ 94.9%
peak €664,828 (2024)
€480,347▼ 27.7%
€304,790▲ 3.2%
peak 6.9 FTE (2017)
3.1 FTE▼ 22.5%
Board1 name since 2005
1 director
Owners
  
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
Gross margin from €359,992 to €316,673Result from €88,824 to €4,519Staff from 4 FTE to 3.1 FTEDividend €189,000Equity from €664,828 to €480,347Cash from €257,541 to €130,619

Key points

from the 2025 annual accounts

Equity

€480,347 ▼ 27.7%
664,8282024+4,519Profit-189,000Dividend480,3472025

METALSAB paid out €189,000 in dividends. That is 4,182% of the 2025 profit.

Result

€4,519 ▼ 94.9%
€88,8002024€4,5202025

The result fell in 2025 from €88,824 to €4,519.

Turnover

≈ €750,000 estimated

The accounts state no turnover.

Staff

3.1 FTE from 6.9 in 2017

Between 2017 and 2025, 55% of the full-time equivalents disappeared.

Liquidity

1.97 was 2.97 in 2024

Short-term debts rose from €179,057 to €203,547.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Seven of the last ten came late. The 2019 accounts came latest: 70 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as METALSAB has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,035 companies, not a prediction for METALSAB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 06-10-2005
  • 100%annual accounts 2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0876507440
Amendment of the articles · Legal-form change · Resignations & appointments General meeting of 06-09-2023 · Gazette deed
First establishment En Petite Foxhalle 116, Herstal
Incorporation published on 17-10-2005 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
METALSAB Herstal €0.8m €316,673 61.0% 3.1
ACERO-CONSTRUCT Grobbendonk €0.8m €317,153 54.9% 3.7
SOCIETE D'OXYCOUPAGE ET DE TRANSFORMATION DES ACIERS Walcourt €1.1m €268,576 83.5% 2.9
WIMKO Boom €0.6m €245,312 32.9% 1.7
Metaalwerken Starkey Totaalinrichting Bredene €0.5m €540,556 40.5% 4.4
Van Eyck Leuven Bierbeek €1.0m €516,331 48.1% 5.2
HANS VANDENBERGHE Pittem €0.7m €246,699 87.8% 1.3

These companies have the same main activity as METALSAB: coating of metals (NACE 25510). They are comparable in size and age: total assets between €465,000 and €1.1m, founded between 1995 and 2011.

Official details

Source: KBO
Status
Active since 06-10-2005Normal situation
Activity
Coating of metalsNACE 25510
Joint committees
111Metal, mechanical and electrical engineering
209White-collar workers in metal manufacturing · annual accounts 2025
Establishment unit
2.151.211.9564040 Herstal, since 24-01-2006
Financial year end
31 December
Peppol
Reachable since 15-10-2025
Company details

Annual accounts 2025

€787,138▼ 18.2%
Employeeson 31-12-2025
3▼ 40.0%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on METALSAB

METALSAB files the abbreviated format. That format states no turnover. The gross margin rose from €34,441 in 2006 to €316,673 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about METALSAB

What is the company number of METALSAB?
The company number of METALSAB is 0876.507.440. The VAT number is the same number with BE in front: BE 0876.507.440.
Where is METALSAB based?
The registered office is at En Petite Foxhalle 116, 4040 Herstal.Company details
What does METALSAB do?
According to the KBO register, the main activity is coating of metals (NACE 25510).
What is the legal form of METALSAB?
METALSAB is a private limited company (BV).
When was METALSAB founded?
METALSAB was founded on 06-10-2005.
Is METALSAB still active?
Yes, METALSAB is an active enterprise in the KBO register.
How many employees does METALSAB have?
METALSAB had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does METALSAB fall under?
In its 2025 annual accounts, METALSAB states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
What is the turnover of METALSAB?
The turnover in financial year 2025 is ≈ €750,000. This figure is estimated from the gross margin of €316,673 and 2,274 comparable companies of the same size. It probably lies between €450,000 and €1.3m. It is a rough estimate. In financial year 2020 turnover was €423,113.
Is METALSAB profitable?
In financial year 2025, METALSAB made a profit of €4,519.
Where can I find the annual accounts of METALSAB?
METALSAB filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of METALSAB due?
METALSAB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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