METRA
ActiveSummary
METRA has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €250,769 and a net result of €69,342. Equity is shrinking by ~15.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 28% of 1860 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▲+1
Solvency50▼-2
Growth47=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.8 in 2023; short-term debt: 35.7% and cash: 16.6% of total assets), but 74.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 dateAge against the risk zone
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
51 d early
2023
50 d early
2022
46 d early
2021
34 d early
2020
35 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
In the rankings
#9 oldest company in Zwevegem, Transport and storage sector
Turnover
€982,102▼ 12.9%
2020 · €1.1m
EBIT margin
5.6%▼ 6.5pp
2020 · 12.0%
Net result
€69,342▲ 4.5%
2023 · €66,367
Working capital
€228,058▲ 8.0%
2023 · €211,181
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.1m▲ 7.4%€982,102▼ 12.9%
Operating result€135,820▲ 121%€54,515▼ 59.9%-€49,332€80,683€104,108▲ 29.0%
Net result€115,898within the sector's middle half▲ 119%€57,307within the sector's middle half▼ 50.6%-€41,322below the sector's middle half€66,367within the sector's middle half€69,342within the sector's middle half▲ 4.5%
EBIT margin12.0%▲ 6.2pp5.6%▼ 6.5pp
Equity€1.2mwithin the sector's middle half▲ 1.3%€1.2mwithin the sector's middle half▲ 0.6%€210,060within the sector's middle half▼ 82.9%€276,426within the sector's middle half▲ 31.6%€250,769within the sector's middle half▼ 9.3%
Total assets€1.5mwithin the sector's middle half▼ 2.7%€1.4mwithin the sector's middle half▼ 4.5%€325,174below the sector's middle half▼ 77.3%€1.0mwithin the sector's middle half▲ 211%€988,032within the sector's middle half▼ 2.2%
Debt€276,633▼ 17.4%€202,233▼ 26.9%€115,114▼ 43.1%€734,329▲ 538%€737,263▲ 0.4%
Working capital€1.2mabove the sector's middle half▲ 2.4%€1.2mabove the sector's middle half▲ 1.4%€200,536within the sector's middle half▼ 83.5%€211,181within the sector's middle half▲ 5.3%€228,058within the sector's middle half▲ 8.0%
Solvency81.6%above the sector's middle half▲ 3.3pp85.9%above the sector's middle half▲ 4.3pp64.6%above the sector's middle half▼ 21.3pp27.3%within the sector's middle half▼ 37.3pp25.4%within the sector's middle half▼ 2.0pp
Current ratio5.32above the sector's middle half▲ 0.827.00above the sector's middle half▲ 1.672.74above the sector's middle half▼ 4.251.80within the sector's middle half▼ 0.951.65within the sector's middle half▼ 0.15
Return on assets (ROA)7.7%within the sector's middle half▲ 4.3pp4.0%within the sector's middle half▼ 3.7pp-12.7%below the sector's middle half▼ 16.7pp6.6%within the sector's middle half▲ 19.3pp7.0%within the sector's middle half▲ 0.5pp
Staff (FTE)8within the sector's middle half▲ 14.3%7.8below the sector's middle half▼ 2.5%7.8within the sector's middle half=6within the sector's middle half▼ 23.1%7within the sector's middle half▲ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 29% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €988,032
Fixed assets
€407,054 ▼ 23.8%
Current assets
€580,978 ▲ 21.9%
Equity and liabilities €988,032
Equity
€250,769 ▼ 9.3%
Debt
€737,263 ▲ 0.4%
Debt's share of the balance-sheet total rises from 72.7% to 74.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€228,768▲
2023 · €171,152
Cash flow
€194,002▲
2023 · €156,835
Quick ratio
1.61▼
2023 · 1.77
Debt to equity
2.94▲
2023 · 2.66
ROE
27.7%▲
2023 · 24.0%
Interest coverage
15.22▲
2023 · 12.95
Debt ≤ 1 year
€352,920▲
2023 · €265,360
Debt > 1 year
€384,343▼
2023 · €468,969
Income taxes
€23,723▲
2023 · €5,000
Staff costs
€402,898▲
2023 · €314,860
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €1.1m | - | - | - | - |
| Turnover70 | €1.1m | €982,102 | - | - | - | - |
| Other operating income74 | - | €79,575 | - | - | - | - |
| Non-recurring operating income76A | - | €15,429 | €0 | €25,849 | €0 | ▼ 100% |
| Operating charges60/66A | - | €1.0m | - | - | - | - |
| Goods for resale, raw materials and consumables60 | - | €220,969 | - | - | - | - |
| Purchases600/8 | - | €216,127 | - | - | - | - |
| Change in stocks: decrease (increase)609 | - | €4,842 | - | - | - | - |
| Services and other goods61 | - | €334,964 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €445,142 | €291,788 | €314,860 | €402,898 | ▲ 28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,891 | €10,309 | €7,369 | €90,469 | €124,660 | ▲ 37.8% |
| Other operating charges640/8 | - | €11,207 | €12,478 | €15,038 | €11,354 | ▼ 24.5% |
| Gross operating margin9900 | - | - | €262,304 | €501,049 | €643,019 | ▲ 28.3% |
| Operating profit (loss)9901 | €135,820 | €54,515 | -€49,332 | €80,683 | €104,108 | ▲ 29.0% |
| Financial income75/76B | - | €17,962 | €9,901 | €3,900 | €3,991 | ▲ 2.3% |
| Recurring financial income75 | €18,356 | €17,962 | €9,901 | €3,900 | €3,991 | ▲ 2.3% |
| Income from current assets751 | - | €17,962 | - | - | - | - |
| Other financial income752/9 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €1,161 | €1,840 | €13,216 | €15,034 | ▲ 13.8% |
| Recurring financial charges65 | €1,480 | €1,161 | €1,840 | €13,216 | €15,034 | ▲ 13.8% |
| Debt charges650 | €410 | €1 | - | - | - | - |
| Other financial charges652/9 | - | €1,161 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €152,696 | €71,315 | -€41,270 | €71,367 | €93,065 | ▲ 30.4% |
| Income taxes67/77 | €36,797 | €14,008 | €52 | €5,000 | €23,723 | ▲ 374% |
| Taxes670/3 | - | €14,008 | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €115,898 | €57,307 | -€41,322 | €66,367 | €69,342 | ▲ 4.5% |
| Transfer from tax-exempt reserves789 | - | - | €15,429 | €0 | - | - |
| Transfer to tax-exempt reserves689 | - | €15,429 | €0 | €25,849 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €115,898 | €41,878 | -€25,893 | €40,518 | €69,342 | ▲ 71.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.4m | €325,174 | €1.0m | €988,032 | ▼ 2.2% |
| Fixed assets21/28 | €28,022 | €18,648 | €9,524 | €534,214 | €407,054 | ▼ 23.8% |
| Tangible fixed assets22/27 | €25,997 | €15,948 | €8,579 | €530,769 | €406,109 | ▼ 23.5% |
| Furniture and vehicles24 | - | €15,948 | €8,579 | €2,695 | €596 | ▼ 77.9% |
| Leasing and similar rights25 | - | - | - | €528,075 | €405,513 | ▼ 23.2% |
| Financial fixed assets28 | €2,025 | €2,700 | €945 | €3,445 | €945 | ▼ 72.6% |
| Other financial fixed assets284/8 | - | €2,700 | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €2,700 | - | - | - | - |
| Current assets29/58 | €1.5m | €1.4m | €315,650 | €476,541 | €580,978 | ▲ 21.9% |
| Stocks and contracts in progress3 | €14,530 | €9,688 | €28,737 | €7,464 | €14,464 | ▲ 93.8% |
| Stocks30/36 | - | €9,688 | €28,737 | €7,464 | €14,464 | ▲ 93.8% |
| Raw materials and consumables30/31 | - | €9,688 | - | - | - | - |
| Amounts receivable within one year40/41 | €1.4m | €1.3m | €280,892 | €465,733 | €402,526 | ▼ 13.6% |
| Trade receivables40 | - | €68,763 | €34,585 | €236,041 | €166,233 | ▼ 29.6% |
| Other amounts receivable41 | - | €1.2m | €246,307 | €229,692 | €236,294 | ▲ 2.9% |
| Cash at bank and in hand54/58 | €91,293 | €101,036 | €4,857 | €3,344 | €163,988 | ▲ 4,804% |
| Deferred charges and accrued income490/1 | - | €0 | €1,163 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €325,174 | €1.0m | €988,032 | ▼ 2.2% |
| Equity10/15 | €1.2m | €1.2m | €210,060 | €276,426 | €250,769 | ▼ 9.3% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Capital10 | - | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Issued capital100 | - | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Reserves13 | €164,532 | €179,961 | €161,532 | €187,381 | €187,381 | = |
| Non-distributable reserves130/1 | - | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Legal reserve130 | - | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Tax-exempt reserves132 | - | €170,711 | €155,282 | €181,131 | €181,131 | = |
| Distributable reserves133 | - | €3,000 | €0 | - | - | - |
| Profit (loss) carried forward14 | €997,043 | €988,921 | -€13,973 | €26,545 | €888 | ▼ 96.7% |
| Amounts payable17/49 | €276,633 | €202,233 | €115,114 | €734,329 | €737,263 | ▲ 0.4% |
| Amounts payable after more than one year17 | €0 | - | - | €468,969 | €384,343 | ▼ 18.0% |
| Financial debts170/4 | - | - | - | €468,969 | €384,343 | ▼ 18.0% |
| Amounts payable within one year42/48 | €276,633 | €202,233 | €115,114 | €265,360 | €352,920 | ▲ 33.0% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | €82,432 | €84,626 | ▲ 2.7% |
| Trade debts44 | €74,589 | €85,122 | €52,843 | €97,571 | €59,620 | ▼ 38.9% |
| Suppliers440/4 | - | €85,122 | €52,843 | €97,571 | €59,620 | ▼ 38.9% |
| Taxes, remuneration and social security45 | - | €67,110 | €34,144 | €56,737 | €84,553 | ▲ 49.0% |
| Taxes450/3 | - | €18,553 | €8,646 | €15,677 | €24,602 | ▲ 56.9% |
| Remuneration and social security454/9 | - | €48,557 | €25,498 | €41,060 | €59,951 | ▲ 46.0% |
| Other amounts payable47/48 | - | €50,000 | €28,127 | €28,620 | €124,121 | ▲ 334% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €115,898 | €57,307 | -€41,322 | €66,367 | €69,342 | ▲ 4.5% |
| + Depreciation and write-downs630 | €15,891 | €10,309 | €7,369 | €90,469 | €124,660 | ▲ 37.8% |
| Operating cash flow (approximation) | €131,790 | €67,616 | -€33,953 | €156,835 | €194,002 | ▲ 23.7% |
| Investment in fixed assets (approximation) | - | -€935 | €1,755 | -€615,159 | €2,500 | ▲ 100% |
| Change in cash | - | €9,743 | -€96,179 | -€1,513 | €160,644 | ▲ 10,715% |
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
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €66,367
Net result €66,367 after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€41,322
Net result drops to -€41,322, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €115,898 ▲119%
Operating result €135,820, net result €115,898, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
Directors
7 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, Zwevegem · 1 establishment unit since 1995
Ground area
9,862 m²
Building footprint
396 m²
Volume, LiDAR
2,075 m³
Parcel 34034F0512/00E000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ter Klare(S) 23-25, 8554 Zwevegem
since 19952.070.117.877
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34034F0512/00E000 | Flanders | 9,862 m² | 1 · 395 m² | 9.5 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.
Structure & network
Owners and holdings
1 ownerChain of control
- ARHOL
- METRA
Highest known parent: ARHOL. The sources do not say who stands above it.
Owners 1
- ARHOLparentSourceaccounts ARHOL 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,266 EUR awarded · 1,266 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 861 EUR | 861 EUR |
| 2024 | 1 | 321 EUR | 321 EUR |
| 2022 | 1 | 84 EUR | 84 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteZwevegem2.070.117.877
Similar companies · same sector, comparable size
KW Transport
BE 0578.934.602
Brecht · Eq €250,500
ERSA COMPANY
BE 0849.752.167
Brussel · Eq €250,484
KIVITS LOGISTICS
BE 0753.402.859
Asse · Eq €251,067
VAN HAME
BE 0831.362.452
Vilvoorde · Eq €250,406
TRUCK SERVICE LOCATION DEPANNAGE
BE 0451.981.693
Mons · Eq €249,637
Of 12,582 companies in sector 49410 we hold annual accounts for 8,203. 6,031 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454206656
Also
9925:BE0454206656
Registered
25-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.