METICO
InactiveMETICO was declared bankrupt on 12-05-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 23-05-2024, published in the Belgian State Gazette on 14-06-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
89 d late
2019
404 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 247 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, abbreviated schema
Equity
€11,994▲ 94.8%
2019 · €6,157
Total assets
€135,479▲ 5.8%
2019 · €128,011
Net result
€5,837
2019 · -€1,532
Working capital
-€115,006▼ 63.7%
2019 · -€70,250
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€2,551--€1,066▲ 58.2%€6,008
Net result-€5,304--€1,532▲ 71.1%€5,837
Equity€7,688-€6,157▼ 19.9%€11,994▲ 94.8%
Total assets€127,809-€128,011▲ 0.2%€135,479▲ 5.8%
Debt€120,121-€121,854▲ 1.4%€123,484▲ 1.3%
Working capital-€68,718--€70,250▼ 2.2%-€115,006▼ 63.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €6,008 after a loss of €1,066 in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €135,479
Fixed assets
€127,000 =
Current assets
€8,479 ▲ 739%
Equity and liabilities €135,479
Equity
€11,994 ▲ 94.8%
Debt
€123,484 ▲ 1.3%
Debt's share of the balance-sheet total falls from 95.2% to 91.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.07▲
2019 · 0.01
ROE
48.7%▲
2019 · -24.9%
ROA
4.3%▲
2019 · -1.2%
Debt ≤ 1 year
€123,484▲
2019 · €71,261
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | -€2,203 | -€1,066 | €6,703 | ▲ 728% |
| Operating profit (loss)9901 | -€2,551 | -€1,066 | €6,008 | ▲ 663% |
| Recurring financial charges65 | €3,405 | €465 | €170 | ▼ 63.4% |
| Profit (loss) for the period before taxes9903 | -€5,956 | -€1,532 | €5,837 | ▲ 481% |
| Income taxes67/77 | -€652 | - | - | - |
| Profit (loss) for the period9904 | -€5,304 | -€1,532 | €5,837 | ▲ 481% |
| Profit (loss) for the period to be appropriated9905 | -€5,304 | -€1,532 | €5,837 | ▲ 481% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €127,809 | €128,011 | €135,479 | ▲ 5.8% |
| Fixed assets21/28 | €127,000 | €127,000 | €127,000 | = |
| Financial fixed assets28 | €127,000 | €127,000 | €127,000 | = |
| Current assets29/58 | €809 | €1,011 | €8,479 | ▲ 739% |
| Amounts receivable within one year40/41 | €809 | €1,011 | €8,479 | ▲ 739% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €127,809 | €128,011 | €135,479 | ▲ 5.8% |
| Equity10/15 | €7,688 | €6,157 | €11,994 | ▲ 94.8% |
| Contributions10/11 | €6,200 | €6,200 | - | - |
| Reserves13 | €14,836 | €14,836 | €14,836 | = |
| Profit (loss) carried forward14 | -€13,347 | -€14,879 | -€9,041 | ▲ 39.2% |
| Amounts payable17/49 | €120,121 | €121,854 | €123,484 | ▲ 1.3% |
| Amounts payable after more than one year17 | €50,593 | €50,593 | - | - |
| Amounts payable within one year42/48 | €69,527 | €71,261 | €123,484 | ▲ 73.3% |
| Trade debts44 | - | €1,234 | €2,648 | ▲ 115% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,304 | -€1,532 | €5,837 | ▲ 481% |
| Operating cash flow (approximation) | -€5,304 | -€1,532 | €5,837 | ▲ 481% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
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
2024
14-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · event 23-05-2024
2022
19-05
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 12-05-2022
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 404 days late
2020
31-12
Financial
Back to profitnet €5,837
Net result €5,837 after 2 loss-making years.
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE CELIS GRASBOS 35, 3294 MOLENSTEDE- |
12-05-2022 → 23-05-2024 |