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METAMORPHOSE

Active Private limited companyfounded 2000active for 26 yearsLouizalaan 368, 1050 IxellesKBO/BCE: BE 0471.449.593 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €151,047 (2022)
€80,920▲ 77.4%
lowest -€73,714 (2017)
€22,139▲ 21.7%
peak €58,702 (2007)
€43,771▲ 102%
€115,777▲ 19.1%
peak 0.5 FTE (2020)
-not published
Board4 names since 2015
1 director
Owners
100%
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €45,613 to €80,920Equity from €21,631 to €43,771Debts from €97,188 to €115,777Cash from €47,500 to €1,422

Key points

from the 2025 annual accounts

Turnover

≈ €420,000 estimated

The micro format states no turnover.

Debts

€115,777 73% of the balance sheet
Suppliers 57%Taxes and wages 21%Other 22%

Filings

26 annual accounts 61 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,819 companies had the same profile as METAMORPHOSE has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

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 3,819 companies, not a prediction for METAMORPHOSE. 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 06-09-2022
  • 100%score equity €1.7m (2026) · 31-03-2026 annual accounts of
Board & ownership

Recent changes

Registered office moved from Etterbeek to Ixelles New registered office: 368 avenue Louise à 1050 Ixelles · Previous registered office: Avenue Victor Jacobs 78 à 1040 Etterbeek · General meeting of 05-01-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0471449593
Resignation: (director) General meeting of 20-03-2023 · Gazette deed
Resignation: (director) Appointment: (director) · General meeting of 06-09-2022 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
METAMORPHOSE Ixelles €159,548 €80,920 27.4% -
ACT in Company Roeselare €184,709 €78,028 43.0% -
BOUWBEDRIJF ERNENS Riemst €137,179 €78,158 -34.9% -
ALTIVA CONSTRUCTIONS Seraing €174,579 €69,225 -17.8% -
D.R.A. Constructions Couvin €134,634 €73,398 61.3% -
MLA CONSTRUCT Charleroi €150,622 €89,695 -39.8% 2.5
GEBROEDERS MAES Putte €147,535 €65,823 29.6% -

These companies have the same main activity as METAMORPHOSE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €135,000 and €185,000, founded between 1996 and 2000.

Official details

Source: KBO
Status
Active since 17-03-2000Normal situation
Registered office
14 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
General construction of residential buildingsNACE 41001and 6 others
Joint committee
323Building management, estate agents and domestic staff · annual accounts 2025
Establishment unit
2.093.867.2391040 Etterbeek, since 07-06-2000
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2025

€159,548▲ 34.3%
Filing
Filed on 30-09-2026
Financials

Insights on METAMORPHOSE

METAMORPHOSE files the micro format. That format states no turnover. The gross margin rose from €24,906 in 2006 to €80,920 in 2025.

The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.

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 METAMORPHOSE

What is the company number of METAMORPHOSE?
The company number of METAMORPHOSE is 0471.449.593. The VAT number is the same number with BE in front: BE 0471.449.593.
Where is METAMORPHOSE based?
The registered office is at Louizalaan 368, 1050 Ixelles.Company details
What does METAMORPHOSE do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of METAMORPHOSE?
METAMORPHOSE is a private limited company (BV).
When was METAMORPHOSE founded?
METAMORPHOSE was founded on 17-03-2000.
Is METAMORPHOSE still active?
Yes, METAMORPHOSE is an active enterprise in the KBO register.
How many employees does METAMORPHOSE have?
METAMORPHOSE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does METAMORPHOSE fall under?
In its 2025 annual accounts, METAMORPHOSE states joint committee 323 (Building management, estate agents and domestic staff).
What is the turnover of METAMORPHOSE?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €80,920 and 111 comparable companies (NACE 41001). It probably lies between €310,000 and €700,000.
Is METAMORPHOSE profitable?
In financial year 2025, METAMORPHOSE made a profit of €22,139.
Where can I find the annual accounts of METAMORPHOSE?
METAMORPHOSE filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of METAMORPHOSE due?
METAMORPHOSE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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