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MetalwoRK

Active Private limited company (pre-2019)founded 2017active for 9 yearsPatattenstraat 18, 9500 GeraardsbergenKBO/BCE: BE 0671.581.082

Lifetime

9 annual accounts with figures on one time axis
peak €323,716 (2025)
€323,716▲ 5.2%
peak €31,261 (2024)
€30,440▼ 2.6%
peak €172,638 (2025)
€172,638▲ 21.4%
€475,319▼ 8.8%
peak 0.6 FTE (2020)
-not published
Board2 names since 2017
1 director
Documentsfilings and deeds
11-05-202681 days before the deadline
2025micro format
Equity from €142,199 to €172,638

Key points

from the 2025 annual accounts

Equity

€172,638 ▲ 21.4%

MetalwoRK has made a profit in every financial year since 2017.

Turnover

≈ €650,000 estimated

The micro format states no turnover.

Debts

€475,319 73% of the balance sheet
Financial debts 63%Suppliers 8%Taxes and wages 8%Other 22%

Of this, €176,243 falls due within a year.

Staff

2 employees on 31-12-2025
102022002024112025

In 2025, 1 person joined and 1 left.

Filings

9 annual accounts since 2017
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 23 to 81 days before the end of the period.

Position in the sector

€323,716

Higher gross margin than 94% of companies in fabricated metal products. Sector median €48,974 · 2,512 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,272 companies had the same profile as MetalwoRK has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • 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 3,272 companies, not a prediction for MetalwoRK. 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
  • 186 sharesdeed of 21-02-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0671581082
Change of role: , from manager to director Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: (manager) · General meeting of 23-01-2020 · Gazette deed
Incorporation Founding capital of €18,600, 186 shares · Founder: · Appointment: (manager) · published on 21-02-2017 · Gazette deed
First establishment Herenveld 2, Geraardsbergen
All 16 events

Comparable companies

same main activity, similar in size and age
Company
MetalwoRK Geraardsbergen €647,958 €323,716 26.6% -
SDD Construct Puurs-Sint-Amands €692,323 €314,110 71.5% -
HACKEN NORBERT Saint-Vith €682,660 €304,157 92.7% -
CREA'INOX Visé €540,611 €312,873 -12.4% 6.3
EMAN-service Heusden-Zolder €629,067 €304,883 88.1% -
LIBRA COATING Libramont-Chevigny €839,975 €284,137 37.2% -
Dirk Van Keirsbilck Zulte €688,061 €210,412 92.5% -

These companies have the same main activity as MetalwoRK: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €541,000 and €840,000, founded between 2016 and 2018.

Official details

Source: KBO
Status
Active since 17-02-2017Normal situation
Activity
Manufacture of metal structures and parts of structuresNACE 25110and 1 other
Establishment unit
2.261.655.0679500 Geraardsbergen, since 17-02-2017
Financial year end
31 December
Peppol
Reachable since 05-05-2025
Company details

Annual accounts 2025

€647,958▼ 2.3%
Employeeson 31-12-2025
2=
Filing
Filed on 11-05-2026, 81 days before the end of the filing period
Financials

Insights on MetalwoRK

MetalwoRK files the micro format. That format states no turnover. The gross margin rose from €42,348 in 2017 to €323,716 in 2025.

The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.

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 MetalwoRK

What is the company number of MetalwoRK?
The company number of MetalwoRK is 0671.581.082. The VAT number is the same number with BE in front: BE 0671.581.082.
Where is MetalwoRK based?
The registered office is at Patattenstraat 18, 9500 Geraardsbergen.Company details
What does MetalwoRK 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 MetalwoRK?
MetalwoRK is a private limited company (pre-2019) (BVBA).
When was MetalwoRK founded?
MetalwoRK was founded on 17-02-2017.
Is MetalwoRK still active?
Yes, MetalwoRK is an active enterprise in the KBO register.
How many employees does MetalwoRK have?
MetalwoRK had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MetalwoRK?
The turnover in financial year 2025 is ≈ €650,000. This figure is estimated from the gross margin of €323,716 and 877 comparable companies of the same size. It probably lies between €450,000 and €950,000. It is a rough estimate.
Is MetalwoRK profitable?
In financial year 2025, MetalwoRK made a profit of €30,440.
Where can I find the annual accounts of MetalwoRK?
MetalwoRK filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MetalwoRK due?
MetalwoRK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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