METEHAN
ActiveSummary
METEHAN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €101k and a net result of €56k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▼-14
Solvency60▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 2.11 in 2023; short-term debt: 54.6% and cash: 17.2% of total assets), but 65.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
63 d late
2022
880 d late
2021
197 d late
2020
275 d late
2019
615 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€101k▲ 125%
2023 · €45k
2018: €-46k
2019: €-62k▼ -32.5% vs 2018lowest in 7 years
2020: €-62k● -0.0% vs 2019lowest in 7 years
2021: €-50k▲ +18.2% vs 2020
2022: €-6k▲ +88.8% vs 2021
2023: €45k▲ +897% vs 2022
2024: €101k▲ +125% vs 2023highest in 7 years
2018 → 2024
Total assets
€289k▲ 62.2%
2023 · €178k
2018: €16k
2019: €9k▼ -46.4% vs 2018lowest in 7 years
2020: €9k● 0.0% vs 2019lowest in 7 years
2021: €85k▲ +897% vs 2020
2022: €131k▲ +53.1% vs 2021
2023: €178k▲ +36.5% vs 2022
2024: €289k▲ +62.2% vs 2023highest in 7 years
2018 → 2024
Net result
€56k▲ 10.9%
2023 · €51k
2018: €-20klowest in 7 years
2019: €-15k▲ +24.1% vs 2018
2020: €-15k● -0.0% vs 2019
2021: €6k▲ +142% vs 2020
2022: €45k▲ +612% vs 2021
2023: €51k▲ +13.0% vs 2022
2024: €56k▲ +10.9% vs 2023highest in 7 years
2018 → 2024
Working capital
€127k▲ 36.6%
2023 · €93k
2018: €3k
2019: €-8k▼ -372% vs 2018lowest in 7 years
2020: €-8k● -0.0% vs 2019lowest in 7 years
2021: €3k▲ +140% vs 2020
2022: €48k▲ +1356% vs 2021
2023: €93k▲ +95.3% vs 2022
2024: €127k▲ +36.6% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-62k-€-50k▲ 18.2%€-6k▲ 88.8%€45k€101k▲ 125%
2020: €-62klowest in 5 years
2021: €-50k▲ +18.2% vs 2020
2022: €-6k▲ +88.8% vs 2021
2023: €45k▲ +897% vs 2022
2024: €101k▲ +125% vs 2023highest in 5 years
Operating result€-15k-€7k€46k▲ 543%€58k▲ 26.5%€90k▲ 55.2%
2020: €-15klowest in 5 years
2021: €7k▲ +149% vs 2020
2022: €46k▲ +543% vs 2021
2023: €58k▲ +26.5% vs 2022
2024: €90k▲ +55.2% vs 2023highest in 5 years
Net result€-15k-€6k€45k▲ 612%€51k▲ 13.0%€56k▲ 10.9%
2020: €-15klowest in 5 years
2021: €6k▲ +142% vs 2020
2022: €45k▲ +612% vs 2021
2023: €51k▲ +13.0% vs 2022
2024: €56k▲ +10.9% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 55% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €289k
Fixed assets
€4k ▲ 159%
Current assets
€285k ▲ 61.3%
Equity and liabilities €289k
Equity
€101k ▲ 125%
Debt
€188k ▲ 41.1%
Debt's share of the balance-sheet total falls from 74.8% to 65.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.80▼
2023 · 2.11
Debt to equity
1.87▼
2023 · 2.97
ROE
55.5%▼
2023 · 112.5%
ROA
19.4%▼
2023 · 28.3%
Debt ≤ 1 year
€158k▲
2023 · €84k
Debt > 1 year
€30k▼
2023 · €50k
Income taxes
€29k▲
2023 · €4k
Staff costs
€269k▼
2023 · €333k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€178k€289k▲
Fixed assets21/28€2k€4k▲
Financial fixed assets28€2k€4k▲
Current assets29/58€177k€285k▲
Amounts receivable within one year40/41€158k€236k▲
Trade receivables40€156k€227k▲
Other amounts receivable41€2k€9k▲
Cash at bank and in hand54/58€19k€50k▲
Equity and liabilities
Total equity and liabilities10/49€178k€289k▲
Equity10/15€45k€101k▲
Contributions10/11€6k€8k▲
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Outside capital11-€8k
Share premium1100/10-€8k
Reserves13€2k-
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Profit (loss) carried forward14€37k€93k▲
Amounts payable17/49€133k€188k▲
Amounts payable after more than one year17€50k€30k▼
Other amounts payable178/9€50k€30k▼
Amounts payable within one year42/48€84k€158k▲
Trade debts44-€17k
Suppliers440/4-€17k
Taxes, remuneration and social security45€84k€141k▲
Taxes450/3€31k€64k▲
Remuneration and social security454/9€53k€77k▲
Income statement
Code20232024
Remuneration, social security and pensions62€333k€269k▼
Other operating charges640/8€6k€298▼
Non-recurring operating charges66A€426€33k▲
Gross operating margin9900€397k€392k▼
Operating profit (loss)9901€58k€90k▲
Financial income75/76B€28-
Recurring financial income75€28-
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€55k€85k▲
Income taxes67/77€4k€29k▲
Profit (loss) for the period9904€51k€56k▲
Profit (loss) for the period to be appropriated9905€51k€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€93k▲
Profit (loss) brought forward from the previous period14P€-14k€37k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | €30 | - | - | - |
| Remuneration, social security and pensions62 | €6k | €146k | €183k | €333k | €269k | ▼ 19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | - | - | - | - | - |
| Other operating charges640/8 | €234 | €80 | - | €6k | €298 | ▼ 94.7% |
| Non-recurring operating charges66A | €245 | €4k | €248 | €426 | €33k | ▲ 7,699% |
| Gross operating margin9900 | €-2k | €157k | €229k | €397k | €392k | ▼ 1.3% |
| Operating profit (loss)9901 | €-15k | €7k | €46k | €58k | €90k | ▲ 55.2% |
| Financial income75/76B | - | - | - | €28 | - | - |
| Recurring financial income75 | - | - | - | €28 | - | - |
| Financial charges65/66B | €523 | €810 | €845 | €3k | €5k | ▲ 56.0% |
| Recurring financial charges65 | €523 | €810 | €845 | €3k | €5k | ▲ 56.0% |
| Profit (loss) for the period before taxes9903 | €-15k | €6k | €45k | €55k | €85k | ▲ 55.1% |
| Income taxes67/77 | - | - | - | €4k | €29k | ▲ 586% |
| Profit (loss) for the period9904 | €-15k | €6k | €45k | €51k | €56k | ▲ 10.9% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €6k | €45k | €51k | €56k | ▲ 10.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9k | €85k | €131k | €178k | €289k | ▲ 62.2% |
| Fixed assets21/28 | €275 | €275 | €275 | €2k | €4k | ▲ 159% |
| Financial fixed assets28 | €275 | €275 | €275 | €2k | €4k | ▲ 159% |
| Current assets29/58 | €8k | €85k | €130k | €177k | €285k | ▲ 61.3% |
| Amounts receivable within one year40/41 | €7k | €84k | €127k | €158k | €236k | ▲ 49.2% |
| Trade receivables40 | €4k | €83k | €124k | €156k | €227k | ▲ 45.2% |
| Other amounts receivable41 | €3k | €1k | €3k | €2k | €9k | ▲ 429% |
| Cash at bank and in hand54/58 | €850 | €894 | €4k | €19k | €50k | ▲ 163% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9k | €85k | €131k | €178k | €289k | ▲ 62.2% |
| Equity10/15 | €-62k | €-50k | €-6k | €45k | €101k | ▲ 125% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €8k | ▲ 30.0% |
| Capital10 | €6k | €6k | €6k | €6k | - | - |
| Issued capital100 | €19k | €19k | €19k | €19k | - | - |
| Uncalled capital101 | €12k | €12k | €12k | €12k | - | - |
| Outside capital11 | - | - | - | - | €8k | - |
| Share premium1100/10 | - | - | - | - | €8k | - |
| Reserves13 | €2k | €2k | €2k | €2k | - | - |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | - | - |
| Legal reserve130 | €2k | €2k | €2k | €2k | - | - |
| Profit (loss) carried forward14 | €-70k | €-58k | €-14k | €37k | €93k | ▲ 152% |
| Amounts payable17/49 | €70k | €136k | €136k | €133k | €188k | ▲ 41.1% |
| Amounts payable after more than one year17 | €54k | €54k | €54k | €50k | €30k | ▼ 39.2% |
| Financial debts170/4 | €2k | - | - | - | - | - |
| Other amounts payable178/9 | €52k | €54k | €54k | €50k | €30k | ▼ 39.2% |
| Amounts payable within one year42/48 | €16k | €82k | €83k | €84k | €158k | ▲ 89.0% |
| Current portion of amounts payable after more than one year42 | €4k | - | - | - | - | - |
| Trade debts44 | €7k | €5k | €2k | - | €17k | - |
| Suppliers440/4 | €7k | €5k | €2k | - | €17k | - |
| Taxes, remuneration and social security45 | €4k | €77k | €74k | €84k | €141k | ▲ 68.6% |
| Taxes450/3 | €46 | €5k | €3k | €31k | €64k | ▲ 105% |
| Remuneration and social security454/9 | €4k | €72k | €71k | €53k | €77k | ▲ 47.1% |
| Other amounts payable47/48 | €3k | - | €6k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €6k | €45k | €51k | €56k | ▲ 10.9% |
| + Depreciation and write-downs630 | €6k | - | - | - | - | - |
| Operating cash flow (approximation) | €-10k | €6k | €45k | €51k | €56k | ▲ 10.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-1k | €-3k | ▼ 92.3% |
| Change in cash | - | €44 | €3k | €15k | €31k | ▲ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 880 days late
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €56k ▲10.9%
Operating result €90k, net result €56k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲125%
4 profitable years in a row build equity to €101k.
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 197 days late
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 275 days late
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 615 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.04
Current ratio from 0.50 to 1.04.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are 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, Courcelles · 1 establishment unit since 2015
Ground area
631 m²
Building footprint
140 m²
Volume, LiDAR
714 m³
Parcel 52322A0116/02B000, Wallonia · tallest building 5.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
METEHAN
since 20152.248.301.335
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52322A0116/02B000 | Wallonia | 631 m² | 1 · 140 m² | 5.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,289 companies in sector 43350 we hold annual accounts for 2,362. 1,977 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.