Metalu
ActiveMetalu has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €645k and a net result of €61k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-3
Solvency97▲+8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 13.23 against 4.72 in 2024; short-term debt: 4.1% and cash: 3.6% of total assets), and 27.5% 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
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 47
Relative position
BE, all sectors
reference
Sector 47
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 2025Solvency, return and age of the figures
Solvency
72.5%
Return on assets
6.8%
Age of the figures
9 mo
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
65 d early
2023
71 d early
2022
53 d early
2021
61 d early
2020
40 d early
2019
123 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€645k▲ 10.4%
2024 · €584k
2018: €772k
2019: €310k
2020: €366k
2021: €377k
2022: €419k
2023: €504k
2024: €584k
2018 → 2025
Total assets
€890k▼ 3.0%
2024 · €917k
2018: €812k
2019: €820k
2020: €599k
2021: €860k
2022: €897k
2023: €872k
2024: €917k
2018 → 2025
Net result
€61k▼ 23.9%
2024 · €80k
2018: €55k
2019: €38k
2020: €56k
2021: €11k
2022: €42k
2023: €85k
2024: €80k
2018 → 2025
Working capital
€451k▲ 18.4%
2024 · €381k
2018: €667k
2019: €214k
2020: €453k
2021: €373k
2022: €324k
2023: €367k
2024: €381k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€377k-€419k▲ 11.1%€504k▲ 20.2%€584k▲ 15.9%€645k▲ 10.4%
Operating result€20k-€60k▲ 194%€121k▲ 102%€113k▼ 6.6%€88k▼ 22.7%
Net result€11k-€42k▲ 270%€85k▲ 101%€80k▼ 5.6%€61k▼ 23.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €890k
Fixed assets
€402k▼ 7.4%
Current assets
€488k▲ 0.9%
Equity and liabilities €890k
Equity
€645k▲ 10.4%
Debt
€245k▼ 26.5%
The debt ratio falls from 36.3% to 27.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€120k▼
2024 · €140k
Cash flow
€93k▼
2024 · €107k
Solvency
72.5%▲
2024 · 63.7%
Current ratio
13.23▲
2024 · 4.72
Quick ratio
3.38▲
2024 · 1.24
Debt / equity
0.38▼
2024 · 0.57
ROE
9.4%▼
2024 · 13.7%
ROA
6.8%▼
2024 · 8.7%
Interest coverage
29.32▲
2024 · 27.55
Debt
€245k▼
2024 · €333k
Debt ≤ 1 year
€37k▼
2024 · €102k
Debt > 1 year
€208k▼
2024 · €227k
Income taxes
€23k▼
2024 · €28k
Staff costs
€131k▲
2024 · €124k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€917k€890k▼
Fixed assets21/28€434k€402k▼
Tangible fixed assets22/27€434k€402k▼
Land and buildings22€369k€353k▼
Plant, machinery and equipment23€13k€9k▼
Furniture and vehicles24€52k€40k▼
Current assets29/58€483k€488k▲
Stocks and contracts in progress3€356k€363k▲
Stocks30/36€356k€363k▲
Amounts receivable within one year40/41€81k€93k▲
Trade receivables40€81k€92k▲
Other amounts receivable41€88€1k▲
Cash at bank and in hand54/58€46k€32k▼
Equity and liabilities
Total equity and liabilities10/49€917k€890k▼
Equity10/15€584k€645k▲
Contributions10/11€175k€175k=
Reserves13€96k€96k=
Distributable reserves133€96k€96k=
Profit (loss) carried forward14€313k€374k▲
Amounts payable17/49€333k€245k▼
Amounts payable after more than one year17€227k€208k▼
Financial debts170/4€227k€208k▼
Amounts payable within one year42/48€102k€37k▼
Current portion of amounts payable after more than one year42€36k€19k▼
Trade debts44€52k€9k▼
Suppliers440/4€52k€9k▼
Taxes, remuneration and social security45€15k€9k▼
Taxes450/3€12k€6k▼
Remuneration and social security454/9€3k€3k▲
Accrued charges and deferred income492/3€4k-
Income statement
Code20242025
Remuneration, social security and pensions62€124k€131k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€32k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€4k€99▼
Gross operating margin9900€273k€256k▼
Operating profit (loss)9901€113k€88k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€108k€83k▼
Income taxes67/77€28k€23k▼
Profit (loss) for the period9904€80k€61k▼
Profit (loss) for the period to be appropriated9905€80k€61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€313k€374k▲
Profit (loss) brought forward from the previous period14P€233k€313k▲
Social balance
Average headcount (FTE)90872.82.8=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity triplescurrent ratio 13.23
Current ratio from 4.72 to 13.23; short-term debt falls from €102k to €37k.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €85k ▲101%
Operating result €121k, net result €85k, both a record.
31-12
Financial
Equity above €500kEq €504k ▲20.2%
6 profitable years in a row build equity to €504k.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €11k ▼79.6%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 6current ratio 7.89
Current ratio from 1.42 to 7.89; short-term debt falls from €510k to €66k.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Opwijk · 1 establishment unit since 1981
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.
Heirbaan 1661745 OpwijkGround area
1,097 m²
Building footprint
774 m²
Volume, LiDAR
2,979 m³
Parcel 23060A0397/00R008, Flanders · tallest building 12.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
METALU
since 19812.019.437.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060A0397/00R008 | Flanders | 1,097 m² | 1 · 774 m² | 12.4 m · 1 fl. |
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
2024 · 1 entry · 840 EUR awarded · 840 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 840 EUR | 840 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
VERVENNE TEGELHUIS
BE 0864.569.710
Ieper · Eq €648k
JARDINERIE DE L'EAU D'HEURE
BE 0480.024.393
Walcourt · Eq €648k
SEBONT
BE 0894.417.006
Visé · Eq €648k
DOE HET ZELF SHOP COOLEN
BE 0437.133.864
Kinrooi · Eq €650k
Associatie STOCKMAG BENELUX
BE 0421.935.845
Tournai · Eq €637k
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 997 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-1981
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
47525Retail trade
52461
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.