Equity
€478,052 ▲ 16.0%
METALYS has made a profit in every financial year since 2006.
METALYS
Lifetime
19 annual accounts with figures on one time axis, 48 filings since 1977peak €501,070 (2006)
€345,572▲ 94.0%
peak €101,241 (2006)
€66,097▲ 19×
peak €681,418 (2015)
€478,052▲ 16.0%
€400,642▲ 357%
peak 9 FTE (2006)
3.1 FTE▲ 29.2%
Board2 names since 2021
-
Owners
99.99%A&A
Documentsfilings and deeds
04-06-202657 days before the deadline
2025abbreviated format
Gross margin from €178,167 to €345,572Result from €3,418 to €66,097Staff from 2.4 FTE to 3.1 FTEEquity from €411,955 to €478,052Debts from €87,693 to €400,642Cash from €220,224 to €442,241
Key points
from the 2025 annual accountsResult
€66,097 ▲ 19×
The result rose in 2025 from €3,418 to €66,097.
Debts
€400,642 ▲ 357%
Debts rose by €312,949 in 2025.
Staff
3.1 FTE from 9 in 2006
Between 2006 and 2025, 66% of the full-time equivalents disappeared.
Liquidity
2.19 was 5.70 in 2024
Short-term debts rose from €87,693 to €400,642.
Filings
48 annual accounts since 1977
Six of the last ten came late. The 2017 accounts came latest: 24 days after the end of the period.
Checked score
95
Excellent
Financially stronger than 57% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025highest value
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 01-2026
03-2026: 0.1%● unchanged vs 02-2026
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%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Liquidity: current ratio 2.19, cash €442,241
Equity €478,052 (54.4% of total assets)
Founded in 1973
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 58% of them on solvency, 78% on liquidity, 26% on profitability and 67% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as METALYS has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of METALYS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,368 companies, not a prediction for METALYS. 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
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.19 (5.7 in 2024), above the usual 1.5. Short-term debt is 45.6% and cash 50.3% of total assets. 45.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 days early
2024
20 days late
2023
23 days late
2022
11 days early
2021
24 days late
2020
37 days early
2019
14 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 3 days before 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 20 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0413849609
New sole director
DE MULDER Alain Frank appointed, A&A resigned · Permanent representative: DE MULDER Alain Frank · Director discharge: A&A · Gazette deed
Reappointment: A&A (managing director)
General meeting of 31-05-2020 · Gazette deed
Registered office moved to Kruishoutem
New registered office: Stokstraat 36, 9770 Kruishoutem · Permanent representative: Ann Huys · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| METALYS Kruisem | €0.9m | €345,572 | 54.4% | 3.1 |
| MARCOEN Aalst | €0.8m | €259,278 | 86.2% | 3 |
| INDUSTRIAL CLEANING COMPANY Ghent | €1.4m | €493,239 | 47.4% | 2.5 |
| ELMARO Stabroek | €0.7m | €517,862 | 64.6% | 4.9 |
| Lambregt Willebroek | €1.2m | €325,649 | 43.8% | 2 |
| SOCIETE D'OXYCOUPAGE ET DE TRANSFORMATION DES ACIERS Walcourt | €1.1m | €268,576 | 83.5% | 2.9 |
| Ateliers de Transformation de Produits métalliques du Condroz Clavier | €1.4m | €340,178 | 92.7% | 5.7 |
These companies have the same main activity as METALYS: coating of metals (NACE 25510). They are comparable in size and age: total assets between €710,000 and €1.4m, founded between 1970 and 1995.
Official details
Source: KBO- Status
- Active since 27-12-1973Normal situation
- Activity
- Coating of metalsNACE 25510and 1 other
- Establishment unit
- 2.009.045.2919770 Kruisem, since 01-12-1973
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- ≈ €810,000estimated
- €878,694▲ 75.9%
- Employeeson 31-12-2025
- 4▲ 100%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on METALYS
METALYS files the abbreviated format. That format states no turnover. The gross margin fell from €501,070 in 2006 to €345,572 in 2025.
A&A holds all the shares.
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 METALYS
- What is the company number of METALYS?
- The company number of METALYS is 0413.849.609. The VAT number is the same number with BE in front: BE 0413.849.609.
- Where is METALYS based?
- The registered office is at Stokstraat 36, 9770 Kruisem.Company details
- What does METALYS do?
- According to the KBO register, the main activity is coating of metals (NACE 25510).
- What is the legal form of METALYS?
- METALYS is a public limited company (NV).
- When was METALYS founded?
- METALYS was founded on 27-12-1973.
- Is METALYS still active?
- Yes, METALYS is an active enterprise in the KBO register.
- How many employees does METALYS have?
- METALYS had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of METALYS?
- The turnover in financial year 2025 is ≈ €810,000. This figure is estimated from the gross margin of €345,572 and 2,275 comparable companies of the same size. It probably lies between €490,000 and €1.4m. It is a rough estimate.
- Is METALYS profitable?
- In financial year 2025, METALYS made a profit of €66,097.
- Where can I find the annual accounts of METALYS?
- METALYS filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of METALYS due?
- METALYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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