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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Age8 yrs
Real estate2 parcels · 403 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for MetRack according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-4k) and a net result of €-13k.
Based on the State Gazette, CBE and 6 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events15-01-2025
Bankruptcy
Opening
Signals
Insufficient current data: the most recent filed accounts (financial year 2023) are too old to derive current signals.
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-13k-150.0%
Working capital€-9k
Directors1
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 06-03-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -7.7% | 37.6% | |
| Net result | €-13k | €9k | |
| Equity | €-4k | €25k | |
| Gross operating margin | €-5k | €27k | |
| Total assets | €56k | €80k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P9
Weakening position over 2020-2023
· n=403-3104
P9
Weakening position over 2020-2023
· n=400-3097
P9
Weakening position over 2020-2023
· n=403-3109
P7
Weakening position over 2020-2023
· n=401-3091
Describes the position versus peers, not a forecast.
€-6k
-16.5%
+8% vs sector
€-13k
-150.0%
-26% vs sector
€-6k
-20.1%
+37% vs sector
€56k
-26.7%
-67% vs sector
€-4k
-
far below sector median
€-9k
-
far below sector median
€684
-70.9%
far above sector median
€61k
-10.7%
+12% vs sector
€52k
-23.4%
-4% vs sector
0.82
-22.5%
-62% vs sector
0.82
-22.5%
-62% vs sector
-7.7%
-
far below sector median
-14.05
-
far below sector median
307.6%
-
far above sector median
-23.6%
-241.0%
-152% vs sector
-6.02
+51.8%
-177% vs sector
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-6k |
| Net profit | €-13k |
| Cash flow | €-6k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €56k |
| Equity | €-4k |
| Debt | €61k |
| of which ≤ 1y | €52k |
| of which > 1y | - |
| Working capital | €-9k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.82 |
| Quick ratio | 0.82 |
| Working capital ratio | -16.8% |
| Solvency | -7.7% |
| Debt / equity | -14.05 |
| Long-term debt ratio | - |
| Interest coverage | -6.02 |
| Gross margin | - |
| Net margin | - |
| ROA | -23.6% |
| ROE | 307.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €56k |
| Fixed assets | 21/28 | €14k |
| Tangible fixed assets | 22/27 | €14k |
| Current assets | 29/58 | €42k |
| Amounts receivable within one year | 40/41 | €36k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €56k |
| Equity | 10/15 | €-4k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-25k |
| Amounts payable | 17/49 | €61k |
| Amounts payable within one year | 42/48 | €52k |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-13k |
| Financial income | 75 | €996 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-13k |
| Net result for the period | 9904 | €-13k |
| Result to be appropriated | 9905 | €-13k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | YANNICK ALSTEENS OFF.PARK GREEN ALLEY,RUE
DU PANIER VERT 70, 1400 NIVELLES- |
09-01-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 13-03-2018 |
| Status | Active |
| Postal code | 1420 |
| First BS signal | 15-01-2025 |
| Latest BS signal | 15-01-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
1 locationMetRack
since 20182.275.597.234
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area403 m²
Buildings2
Building footprint137 m²
Volume (LiDAR)1,251 m³
Tallest building11.5 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742A0350/00_000 | Wallonia | 254 m² | 1 · 63 m² | 10.8 m · 3 fl. |
| 21382C0264/00A008 | Brussels | 149 m² | 1 · 74 m² | 11.5 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette15-01-2025
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
2 acts Address history · 1
16-03-2023
Registered-office move
All acts · 2
updated 3 years ago
2023
16-03-2023 Registered office moved to Braine-L'Alleud
- Chaussée Reine Astrid 75 étage 1 à 1420 Braine-L'Alleud
2022
15-12-2022 Dissolution of the company
Analysis
Snowflake analysis
financial profile on 5 axes34
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
100
Solvency
40
Growth
32
Stability
0
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads BankActivities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201
Primary activity highlighted.
Names & trade names
| Legal nameFR | MetRack |
Registered office
Chaussée Reine Astrid 75 bus 1
1420 Braine-l'Alleud, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.