Skip to content

METASETECH

Active
Private limited companyfounded 200718 yrs activeBoulevard de l'Europe(AUV) 238, 5060 Sambreville, BelgiumKBO/BCE: BE 0893.974.467

METASETECH has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €492k and a net result of €145k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 3570 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
66 / 100
Healthy▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+87
Solvency41▲+16
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.05 in 2023), and 75.4% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year €492k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d early
2023
2 d early
2022
29 d late
2021
2 d early
2020
18 d early
2019
52 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€145k▲ 1,542%
2023 · €9k
2019: €-15k 2020: €13k 2021: €9k 2022: €-210k 2023: €9k
2019 → 2024
Working capital
€156k▲ 307%
2023 · €38k
2019: €-146k 2020: €134k 2021: €-638 2022: €-151k 2023: €38k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€560k-€563k▲ 0.6%€347k▼ 38.3%€351k▲ 1.0%€492k▲ 40.1%
Operating result€21k-€25k▲ 17.0%€-190k€37k€201k▲ 445%
Net result€13k-€9k▼ 30.6%€-210k€9k€145k▲ 1,542%
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2020: €21k€21kNet result 2020: €13k€13kOperating result 2021: €25k€25kNet result 2021: €9k€9kOperating result 2022: €-190k€-190kNet result 2022: €-210k€-210kOperating result 2023: €37k€37kNet result 2023: €9k€9kOperating result 2024: €201k€201kNet result 2024: €145k€145k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 445% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.00M
Fixed assets €1.04M▼ 4.8%
Current assets €958k▲ 27.9%
Equity and liabilities €2.00M
Equity €492k▲ 40.1%
Debt €1.51M▲ 1.1%
The debt ratio falls from 81.0% to 75.4%: equity grows faster than debt.
Key figures and ratios
2024 value · change against 2023
EBITDA
€310k
2023 · €150k
Cash flow
€254k
2023 · €122k
Solvency
24.6%
2023 · 19.0%
Current ratio
1.19
2023 · 1.05
Quick ratio
0.53
2023 · 0.36
Debt / equity
3.07
2023 · 4.25
ROE
29.6%
2023 · 2.5%
ROA
7.3%
2023 · 0.5%
Interest coverage
5.03
2023 · 4.50
Debt
€1.51M
2023 · €1.49M
Debt ≤ 1 year
€802k
2023 · €711k
Debt > 1 year
€704k
2023 · €780k
Income taxes
€953
2023 · €659
Staff costs
€295k
2023 · €304k
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 · 2024 against 2023
Balance sheet Code20232024
Total assets20/58€1.84M€2.00M
Fixed assets21/28€1.09M€1.04M
Intangible fixed assets21€58k€47k
Tangible fixed assets22/27€1.03M€987k
Financial fixed assets28€645€7k
Current assets29/58€749k€958k
Stocks & contracts in progress3€493k€531k
Amounts receivable within one year40/41€234k€302k
Investments50/53€37-
Cash & bank54/58€21k€125k
Total equity & liabilities10/49€1.84M€2.00M
Equity10/15€351k€492k
Contributions / capital10/11€160k€160k=
Reserves13€145k€290k
Amounts payable17/49€1.49M€1.51M
Amounts payable after one year17€780k€704k
Amounts payable within one year42/48€711k€802k
Trade debts payable within one year44€144k€218k
Income statement Code20232024
Gross operating margin9900€484k€622k
Operating result9901€37k€201k
Financial income75€6k€7k
Financial charges65€33k€62k
Result before taxes9903€10k€146k
Income taxes67/77€659€953
Net result for the period9904€9k€145k
Result to be appropriated9905€9k€145k

Download as CSV

Timeline · acts, filings and financial milestones

2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2019net €145k ▲1542%
Operating result €201k, net result €145k, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial Weakest financial yearnet €-210k ▼2433%
Net result drops to €-210k, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial Equity above €500kEq €560k ▲32.6%
Equity rises from €422k to €560k.
21-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
12-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
02-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
20-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 8,470 companies in sector 43410 we hold annual accounts for 4,290. 2,865 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-12-2007
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
43410Roofing work
25210Manufacture of fabricated metal products, except machinery and equipment
25300Manufacture of fabricated metal products, except machinery and equipment
25620Manufacture of fabricated metal products, except machinery and equipment
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
68201Renting and operating of own or leased residential real estate, excluding social housing
72200Scientific research and development
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 04-09-2026. Scores and ratios are computed by Checked and are not a credit decision.