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METVICO

Active
Private limited companyfounded 200422 yrs activeScheibeekstraat(HN) 12, 1540 Pajottegem, BelgiumKBO/BCE: BE 0866.015.208

METVICO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €685k and a net result of €376k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 27% of 1027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
91 / 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+96
Solvency65▲+7
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 1.69 in 2024), but 72.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
27.2%
Return on assets
14.9%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €685k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
13 d early
2023
14 d early
2022
14 d early
2021
31 d late
2020
1 d early
2019
on the day
← before the deadline after the deadline →
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 months
Position in the running window
15-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€685k▲ 122%
2024 · €309k
2018: €350k 2019: €412k 2020: €424k 2021: €315k 2022: €250k 2023: €306k 2024: €309k
2018 → 2025
Total assets
€2.52M▲ 127%
2024 · €1.11M
2018: €1.05M 2019: €1.35M 2020: €1.28M 2021: €1.40M 2022: €1.28M 2023: €1.25M 2024: €1.11M
2018 → 2025
Net result
€376k▲ 15,023%
2024 · €2k
2018: €22k 2019: €63k 2020: €12k 2021: €-60k 2022: €-1k 2023: €56k 2024: €2k
2018 → 2025
Working capital
€618k▲ 249%
2024 · €177k
2018: €-5k 2019: €208k 2020: €338k 2021: €217k 2022: €157k 2023: €196k 2024: €177k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€315k-€250k▼ 20.5%€306k▲ 22.5%€309k▲ 0.8%€685k▲ 122%
Operating result€-34k-€31k€85k▲ 177%€32k▼ 62.6%€535k▲ 1,593%
Net result€-60k-€-1k▲ 98.1%€56k€2k▼ 95.6%€376k▲ 15,023%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2021: €-34k€-34kNet result 2021: €-60k€-60kOperating result 2022: €31k€31kNet result 2022: €-1k€-1kOperating result 2023: €85k€85kNet result 2023: €56k€56kOperating result 2024: €32k€32kNet result 2024: €2k€2kOperating result 2025: €535k€535kNet result 2025: €376k€376k20212022202320242025
The operating result recovers in 2025; 2025 is 1,593% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.52M
Fixed assets €1.47M▲ 118%
Current assets €1.05M▲ 142%
Equity and liabilities €2.52M
Equity €685k▲ 122%
Provisions €102k
Debt €1.73M▲ 117%
The debt ratio falls from 72.1% to 68.8%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€620k
2024 · €167k
Cash flow
€461k
2024 · €138k
Solvency
27.2%
2024 · 27.9%
Current ratio
2.42
2024 · 1.69
Quick ratio
2.35
2024 · 1.60
Debt / equity
2.53
2024 · 2.59
ROE
54.9%
2024 · 0.8%
ROA
14.9%
2024 · 0.2%
Interest coverage
12.67
2024 · 6.36
Debt
€1.73M
2024 · €800k
Debt ≤ 1 year
€436k
2024 · €258k
Debt > 1 year
€1.30M
2024 · €542k
Income taxes
€7k
2024 · €3k
Staff costs
€157k
2024 · €149k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.11M€2.52M
Fixed assets21/28€674k€1.47M
Tangible fixed assets22/27€674k€1.47M
Land and buildings22€481k€1.21M
Plant, machinery and equipment23€32k€93k
Furniture and vehicles24€3k€37k
Leasing and similar rights25€157k€132k
Financial fixed assets28€80€80=
Current assets29/58€435k€1.05M
Stocks and contracts in progress3€23k€29k
Stocks30/36€23k€29k
Amounts receivable within one year40/41€308k€368k
Trade receivables40€242k€292k
Other amounts receivable41€65k€76k
Cash at bank and in hand54/58€104k€657k
Deferred charges and accrued income490/1€97€848
Equity and liabilities
Total equity and liabilities10/49€1.11M€2.52M
Equity10/15€309k€685k
Contributions10/11€6k€6k=
Reserves13€303k€679k
Tax-exempt reserves132-€307k
Distributable reserves133€303k€372k
Provisions and deferred taxes16-€102k
Deferred taxes168-€102k
Amounts payable17/49€800k€1.73M
Amounts payable after more than one year17€542k€1.30M
Financial debts170/4€542k€1.30M
Amounts payable within one year42/48€258k€436k
Current portion of amounts payable after more than one year42€127k€89k
Trade debts44€108k€316k
Suppliers440/4€108k€316k
Taxes, remuneration and social security45€23k€32k
Taxes450/3€4k€10k
Remuneration and social security454/9€19k€22k
Income statement Code20242025
Remuneration, social security and pensions62€149k€157k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€136k€85k
Other operating charges640/8€6k€8k
Gross operating margin9900€322k€785k
Operating profit (loss)9901€32k€535k
Financial income75/76B€39€0
Recurring financial income75€39€0
Financial charges65/66B€26k€49k
Recurring financial charges65€26k€49k
Profit (loss) for the period before taxes9903€5k€486k
Transfer from deferred taxes780-€2k
Transfer to deferred taxes680-€104k
Income taxes67/77€3k€7k
Profit (loss) for the period9904€2k€376k
Transfer from tax-exempt reserves789-€5k
Transfer to tax-exempt reserves689-€312k
Profit (loss) for the period to be appropriated9905€2k€70k
Appropriation of the result
Profit (loss) to be appropriated9906€2k€70k
Transfer to equity691/2€2k€70k
To other reserves6921€2k€70k
Social balance
Average headcount (FTE)90872.53.0

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €376k ▲15023%
Operating result €535k, net result €376k, both a record.
31-12
Financial Equity above €500kEq €685k ▲122%
3 profitable years in a row build equity to €685k.
18-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €56k
Net result €56k after 2 loss-making years.
17-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €-60k ▼600%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Pajottegem · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Scheibeekstraat(HN) 121540 Pajottegem
Ground area
1,948 m²
Parcel 23032A0026/00T002, Flanders. Linked by address, not a title deed.
1 establishment unit
METVICO
Scheibeekstraat(HN) 12, 1540 PajottegemManufacture of fabricated metal products, except machinery and equipment
since 20142.239.999.224
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23032A0026/00T002 Flanders 1,948 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,218 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-06-2004
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
25639Manufacture of fabricated metal products, except machinery and equipment
28620
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.