Metwerk
ActiveMetwerk has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22k and a net result of €-6k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 72% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency100▲+10
Growth52=
Stability94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 23.29 against 1.63 in 2023), and 25.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.6%
Return on assets
-18.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
5 d early
2022
40 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k▼ 20.0%
2023 · €28k
2022: €20k
2023: €28k
2022 → 2024
Total assets
€30k▼ 37.4%
2023 · €47k
2022: €55k
2023: €47k
2022 → 2024
Net result
€-6k
2023 · €8k
2022: €16k
2023: €8k
2022 → 2024
Working capital
€27k▲ 119%
2023 · €12k
2022: €3k
2023: €12k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€20k-€28k▲ 38.3%€22k▼ 20.0%
Operating result€23k-€12k▼ 45.3%€-5k
Net result€16k-€8k▼ 46.4%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €12k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30k
Fixed assets
€1k▼ 91.5%
Current assets
€28k▼ 11.7%
Equity and liabilities €30k
Equity
€22k▼ 20.0%
Debt
€8k▼ 61.8%
The debt ratio falls from 41.6% to 25.4%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-4k▼
2023 · €17k
Cash flow
€-4k▼
2023 · €13k
Solvency
74.6%▲
2023 · 58.4%
Current ratio
23.29▲
2023 · 1.63
Quick ratio
23.29▲
2023 · 1.63
Debt / equity
0.34▼
2023 · 0.71
ROE
-25.0%▼
2023 · 30.6%
ROA
-18.7%▼
2023 · 17.8%
Interest coverage
-5.27▼
2023 · 143.45
Debt
€8k▼
2023 · €20k
Debt ≤ 1 year
€1k▼
2023 · €20k
Income taxes
€70▼
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€47k€30k▼
Fixed assets21/28€15k€1k▼
Tangible fixed assets22/27€15k€1k▼
Furniture and vehicles24€15k€1k▼
Current assets29/58€32k€28k▼
Amounts receivable within one year40/41€16k€7k▼
Trade receivables40€9k€1k▼
Other amounts receivable41€6k€6k▼
Cash at bank and in hand54/58€16k€21k▲
Deferred charges and accrued income490/1€480-
Equity and liabilities
Total equity and liabilities10/49€47k€30k▼
Equity10/15€28k€22k▼
Contributions10/11€5k€5k=
Reserves13€23k€17k▼
Distributable reserves133€23k€17k▼
Amounts payable17/49€20k€8k▼
Amounts payable within one year42/48€20k€1k▼
Trade debts44€355€150▼
Suppliers440/4€355€150▼
Taxes, remuneration and social security45€10k€641▼
Taxes450/3€7k€641▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€9k€424▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€1k▼
Other operating charges640/8€796€2k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€18k€3k▼
Operating profit (loss)9901€12k€-5k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€117€705▲
Recurring financial charges65€117€705▲
Profit (loss) for the period before taxes9903€12k€-5k▼
Income taxes67/77€4k€70▼
Profit (loss) for the period9904€8k€-6k▼
Profit (loss) for the period to be appropriated9905€8k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-6k▼
Transfer from equity791/2-€23k
Transfer to equity691/2€8k€17k▲
To the legal reserve6920-€17k
To other reserves6921€8k-
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-6k ▼165%
Net result drops to €-6k, the lowest in the series.
31-12
Financial
Liquidity times 14current ratio 23.29
Current ratio from 1.63 to 23.29; short-term debt falls from €20k to €1k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2022
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.
Roeispaanstraat 319000 GentGround area
388 m²
Building footprint
191 m²
Volume, LiDAR
2,087 m³
Parcel 44809I0803/00X005, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Metwerk
since 20222.333.653.813
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0803/00X005 | Flanders | 388 m² | 1 · 191 m² | 15.6 m · 4 fl. |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 338 EUR awarded · 338 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 338 EUR | 338 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,911 companies in sector 71112 we hold annual accounts for 1,290. 974 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2022
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:joris@metwerk.be