Skip to content

METUBEL

Active
Public limited companyfounded 198838 yrs activeRoute du Grand Peuplier(S-B) 10, 7110 La Louvière, BelgiumKBO/BCE: BE 0435.230.783
Summary

METUBEL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €2.1m. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
METUBELActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220Manufacture of fabricated metal products, except machinery and equipment NACE 25210Manufacture of fabricated metal products, except machinery and equipment NACE 25300
#2 employer in La Louvière, Construction sector4 sites
Size
€21.6mturnover 2025
Staff
155.9 FTE
Equity
€5.2m
Profit
€2.1m
Financial health
92 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
Société de Gestion Industrielle · 99.9%
Board
1 member
Accounts 20 d early1 of 19 deeds read
Why 92- Liquidity: current ratio 1.60, cash €729,525- Sector Civil engineering (NACE 42)+ Founded in 1988+ Profit of €2.1m (FY 2025)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 66% of its sector peers (NACE 42, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 65-1
equity 39.6% of total assets
Liquidity 35-4
short-term debt 45.4% · cash 5.6%
Profitability 92+5
return on assets 16.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (105 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -3.7% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▼ -1.9% vs 03-2025 05-2025: 0.1%▲ +5.9% vs 04-2025 06-2025: 0.1%▲ +2.8% vs 05-2025 07-2025: 0.1%▲ +34.5% vs 06-2025 08-2025: 0.1%▼ -30.4% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -3.9% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▼ -2.0% vs 03-2026lowest value 05-2026: 0.1%▲ +5.2% vs 04-2026 06-2026: 0.1%▲ +2.0% vs 05-2026 07-2026: 0.1%▲ +2.9% vs 06-2026 08-2026: 0.2%▲ +51.4% vs 07-2026highest value 09-2026: 0.2%● 0.0% vs 08-2026highest value 10-2026: 0.2%● 0.0% vs 09-2026highest value
  • Liquidity: current ratio 1.60, cash €729,525 raises the probability
  • Founded in 1988 lowers the probability for this profile
  • Profit of €2.1m (FY 2025) lowers the probability
  • Sector Civil engineering (NACE 42) raises the probability
Credit up to €470,000 at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.55 in 2024; short-term debt: 45.4% and cash: 5.6% of total assets), but 60.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 42, medium-sized). Better than this share of them on solvency 57%, liquidity 46%, profitability 89%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.60, cash €729,525
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Profit of €2.1m (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Civil engineering (NACE 42)
In the bankruptcy model this factor raises the probability.
KBO
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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
20 d early
2024
13 d early
2023
46 d early
2022
56 d early
2021
62 d early
2020
51 d early
2019
24 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 2 days before the deadline, and 41% 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 16 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Appointment: MYLEO S.R.L (président du conseil)State Gazette act
  3. Highest result since 2018net €2.1m ▲41.1%

Key points

  • Positive: Employer in La Louvière, Construction sectorin the Checked rankings #2 View
  • Positive: 5 years of growth in a rowturnover 2025: €21.6m 5 years View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by Société de Gestion Industrielle 99.9% View
  • Positive: Result rose in 2025from €1.5m to €2.1m ▲ 41.1% View

By topic

Financials

Fiscal year
2025
Turnover
€21.6m
Profit
€2.1m
Solvency
39.6%
Turnover▲ 15.8%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 11-07-2026Annual accounts filed
  2. 01-07-2026Appointment: MYLEO S.R.L (président du conseil)
  3. 31-12-2025Highest result since 2018
Go to Timeline

Company details

Sites
4
Legal form
Public limited company
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220
Founded
05-09-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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 Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check 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

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure