METSCH
ActiveSummary
METSCH has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €40k. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency51▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.15 in 2024; short-term debt: 74% and cash: 43.8% of total assets), and 74.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.9%
Return on assets
54.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 25%
← weakest
strongest →
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 20-05-2026, 72 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
72 d early
2024
71 d early
2023
63 d early
2022
67 d early
2021
74 d early
2020
72 d early
2019
71 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 1.1%
2024 · €19k
2019: €58k
2020: €104k▲ +79.7% vs 2019highest in 7 years
2021: €20k▼ -80.7% vs 2020
2022: €21k▲ +4.9% vs 2021
2023: €21k▲ +1.6% vs 2022
2024: €19k▼ -10.2% vs 2023
2025: €19k▼ -1.1% vs 2024lowest in 7 years
2019 → 2025
Total assets
€73k▼ 11.2%
2024 · €82k
2019: €73k
2020: €138k▲ +88.6% vs 2019
2021: €200k▲ +44.5% vs 2020highest in 7 years
2022: €86k▼ -56.9% vs 2021
2023: €59k▼ -31.6% vs 2022lowest in 7 years
2024: €82k▲ +39.9% vs 2023
2025: €73k▼ -11.2% vs 2024
2019 → 2025
Net result
€40k▼ 18.5%
2024 · €49k
2019: €51khighest in 7 years
2020: €46k▼ -10.7% vs 2019
2021: €49k▲ +6.6% vs 2020
2022: €46k▼ -6.1% vs 2021
2023: €23k▼ -49.3% vs 2022lowest in 7 years
2024: €49k▲ +109% vs 2023
2025: €40k▼ -18.5% vs 2024
2019 → 2025
Working capital
€8k▼ 13.5%
2024 · €10k
2019: €54k
2020: €101k▲ +86.2% vs 2019highest in 7 years
2021: €2k▼ -97.6% vs 2020
2022: €996▼ -58.0% vs 2021lowest in 7 years
2023: €4k▲ +302% vs 2022
2024: €10k▲ +144% vs 2023
2025: €8k▼ -13.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€21k▲ 4.9%€21k▲ 1.6%€19k▼ 10.2%€19k▼ 1.1%
2021: €20k
2022: €21k▲ +4.9% vs 2021
2023: €21k▲ +1.6% vs 2022highest in 5 years
2024: €19k▼ -10.2% vs 2023
2025: €19k▼ -1.1% vs 2024lowest in 5 years
Operating result€61k-€58k▼ 4.9%€29k▼ 49.1%€62k▲ 110%€50k▼ 18.3%
2021: €61k
2022: €58k▼ -4.9% vs 2021
2023: €29k▼ -49.1% vs 2022lowest in 5 years
2024: €62k▲ +110% vs 2023highest in 5 years
2025: €50k▼ -18.3% vs 2024
Net result€49k-€46k▼ 6.1%€23k▼ 49.3%€49k▲ 109%€40k▼ 18.5%
2021: €49khighest in 5 years
2022: €46k▼ -6.1% vs 2021
2023: €23k▼ -49.3% vs 2022lowest in 5 years
2024: €49k▲ +109% vs 2023
2025: €40k▼ -18.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€11k ▲ 12.4%
Current assets
€62k ▼ 14.2%
Equity and liabilities €73k
Equity
€19k ▼ 1.1%
Debt
€54k ▼ 14.3%
Debt's share of the balance-sheet total falls from 76.7% to 74.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€57k▼
2024 · €72k
Cash flow
€47k▼
2024 · €59k
Current ratio
1.16▲
2024 · 1.15
Quick ratio
0.94▲
2024 · 0.93
Debt to equity
2.86▼
2024 · 3.30
ROE
210.2%▼
2024 · 255.2%
ROA
54.5%▼
2024 · 59.4%
Interest coverage
737.63▼
2024 · 943.62
Debt ≤ 1 year
€54k▼
2024 · €63k
Income taxes
€11k▼
2024 · €13k
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 · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€82k€73k▼
Fixed assets21/28€9k€11k▲
Tangible fixed assets22/27€9k€11k▲
Plant, machinery and equipment23-€7k
Furniture and vehicles24€9k€4k▼
Current assets29/58€73k€62k▼
Stocks and contracts in progress3€14k€12k▼
Stocks30/36€14k€12k▼
Amounts receivable within one year40/41€15k€17k▲
Trade receivables40€15k€16k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€42k€32k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€82k€73k▼
Equity10/15€19k€19k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€538€334▼
Amounts payable17/49€63k€54k▼
Amounts payable within one year42/48€63k€54k▼
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Other amounts payable47/48€54k€44k▼
Accrued charges and deferred income492/3-€52
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€162€210▲
Gross operating margin9900€72k€58k▼
Operating profit (loss)9901€62k€50k▼
Financial income75/76B€72€87▲
Recurring financial income75€72€87▲
Financial charges65/66B€76€78▲
Recurring financial charges65€76€78▲
Profit (loss) for the period before taxes9903€62k€50k▼
Income taxes67/77€13k€11k▼
Profit (loss) for the period9904€49k€40k▼
Profit (loss) for the period to be appropriated9905€49k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€40k▼
Profit (loss) brought forward from the previous period14P-€538
Transfer from equity791/2€3k-
Profit to be distributed694/7€51k€40k▼
Return on contributions (dividend)694€51k€40k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €8k | €11k | €10k | €7k | ▼ 33.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €145 | - | - | - | - |
| Other operating charges640/8 | - | - | €208 | €162 | €210 | ▲ 30.0% |
| Gross operating margin9900 | €65k | €66k | €40k | €72k | €58k | ▼ 20.3% |
| Operating profit (loss)9901 | €61k | €58k | €29k | €62k | €50k | ▼ 18.3% |
| Financial income75/76B | €1k | €364 | €81 | €72 | €87 | ▲ 20.5% |
| Recurring financial income75 | €1k | €364 | €81 | €72 | €87 | ▲ 20.5% |
| Financial charges65/66B | €71 | - | €1 | €76 | €78 | ▲ 1.8% |
| Recurring financial charges65 | €71 | - | €1 | €76 | €78 | ▲ 1.8% |
| Profit (loss) for the period before taxes9903 | €62k | €58k | €30k | €62k | €50k | ▼ 18.3% |
| Income taxes67/77 | €13k | €12k | €6k | €13k | €11k | ▼ 17.4% |
| Profit (loss) for the period9904 | €49k | €46k | €23k | €49k | €40k | ▼ 18.5% |
| Profit (loss) for the period to be appropriated9905 | €49k | €46k | €23k | €49k | €40k | ▼ 18.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200k | €86k | €59k | €82k | €73k | ▼ 11.2% |
| Fixed assets21/28 | €18k | €20k | €17k | €9k | €11k | ▲ 12.4% |
| Tangible fixed assets22/27 | €18k | €20k | €17k | €9k | €11k | ▲ 12.4% |
| Plant, machinery and equipment23 | €1k | €734 | - | - | €7k | - |
| Furniture and vehicles24 | €16k | €19k | €17k | €9k | €4k | ▼ 56.9% |
| Other tangible fixed assets26 | €801 | €420 | €39 | - | - | - |
| Current assets29/58 | €182k | €66k | €42k | €73k | €62k | ▼ 14.2% |
| Stocks and contracts in progress3 | €227 | €3k | €3k | €14k | €12k | ▼ 17.4% |
| Stocks30/36 | €227 | €3k | €3k | €14k | €12k | ▼ 17.4% |
| Amounts receivable within one year40/41 | €14k | €13k | €19k | €15k | €17k | ▲ 14.7% |
| Trade receivables40 | €14k | €13k | €15k | €15k | €16k | ▲ 5.9% |
| Other amounts receivable41 | - | - | €4k | - | €1k | - |
| Cash at bank and in hand54/58 | €166k | €38k | €18k | €42k | €32k | ▼ 24.0% |
| Deferred charges and accrued income490/1 | €625 | €11k | €2k | €2k | €2k | ▲ 1.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200k | €86k | €59k | €82k | €73k | ▼ 11.2% |
| Equity10/15 | €20k | €21k | €21k | €19k | €19k | ▼ 1.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €1k | €2k | €3k | - | - | - |
| Distributable reserves133 | €1k | €2k | €3k | - | - | - |
| Profit (loss) carried forward14 | - | - | - | €538 | €334 | ▼ 37.9% |
| Amounts payable17/49 | €180k | €65k | €38k | €63k | €54k | ▼ 14.3% |
| Amounts payable within one year42/48 | €179k | €65k | €38k | €63k | €54k | ▼ 14.4% |
| Trade debts44 | €2k | €1k | €3k | €1k | €1k | ▲ 13.2% |
| Suppliers440/4 | €2k | €1k | €3k | €1k | €1k | ▲ 13.2% |
| Taxes, remuneration and social security45 | €32k | €18k | €10k | €8k | €9k | ▲ 8.0% |
| Taxes450/3 | €32k | €18k | €10k | €8k | €9k | ▲ 8.0% |
| Other amounts payable47/48 | €146k | €45k | €25k | €54k | €44k | ▼ 18.3% |
| Accrued charges and deferred income492/3 | €323 | €460 | - | - | €52 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49k | €46k | €23k | €49k | €40k | ▼ 18.5% |
| + Depreciation and write-downs630 | €4k | €8k | €11k | €10k | €7k | ▼ 33.3% |
| Operating cash flow (approximation) | €53k | €54k | €34k | €59k | €47k | ▼ 21.1% |
| Investment in fixed assets (approximation) | - | €-11k | €-7k | €-2k | €-8k | ▼ 227% |
| Change in cash | - | €-129k | €-20k | €24k | €-10k | ▼ 141% |
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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €23k ▼49.3%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €104k ▲79.7%
2 profitable years in a row build equity to €104k.
21-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Kortenaken · 1 establishment unit since 2018
Ground area
3,008 m²
Building footprint
269 m²
Volume, LiDAR
1,529 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
METSCH
since 20182.280.242.049
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24054C0535/00P000 | Flanders | 1,904 m² | 1 · 148 m² | 9.5 m · 2 fl. |
| 24054C0529/00L002 | Flanders | 1,103 m² | 1 · 121 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,104 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
Founded20-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
74201Photography, excluding press photography
74209Other photographic activities
Scores and ratios are computed by Checked and are not a credit decision.