MK METAAL

Active

Private limited companyfounded 20215 yrs activeWarandestraat 5, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0765.175.194

The computed 12-month bankruptcy probability of MK METAAL is 1.7% (moderate). The 2025 annual accounts show equity of €730k and a net result of €223k. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 1027 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

94 / 100

Excellent= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency91▲+18

Growth78=

Stability94

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €70k at 30 days acceptable

Liquidity ample (current ratio 2.07 against 1.77 in 2024), but 54% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

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

46%

Return on assets

14.1%

Age of the figures

18 mo

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-10-2025, 18 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

18 d early

2024

31 d early

2023

33 d early

2022

31 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close15-09-2026 today31-10-2026 deadline

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

€730k▲ 44.1%

2024 · €507k

2022: €140k 2023: €321k 2024: €507k

2022 → 2025

Total assets

€1.59M▲ 12.8%

2024 · €1.41M

2022: €524k 2023: €682k 2024: €1.41M

2022 → 2025

Net result

€223k▲ 20.3%

2024 · €186k

2022: €130k 2023: €181k 2024: €186k

2022 → 2025

Working capital

€386k▲ 78.9%

2024 · €216k

2022: €158k 2023: €272k 2024: €216k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€140k-€321k▲ 129%€507k▲ 57.9%€730k▲ 44.1%

Operating result€162k-€232k▲ 43.0%€237k▲ 2.1%€319k▲ 34.7%

Net result€130k-€181k▲ 39.2%€186k▲ 2.6%€223k▲ 20.3%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2025 is 35% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.59M

52.9%

47.1%

Fixed assets €839k▼ 7.7%

Current assets €748k▲ 50.2%

Equity and liabilities €1.59M

46.0%

54.0%

Equity €730k▲ 44.1%

Debt €858k▼ 4.8%

The debt ratio falls from 64.0% to 54.0%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€476k▲

2024 · €322k

Cash flow

€380k▲

2024 · €271k

Solvency

46.0%▲

2024 · 36.0%

Current ratio

2.07▲

2024 · 1.77

Quick ratio

1.94▲

2024 · 1.58

Debt / equity

1.18▼

2024 · 1.78

ROE

30.6%▼

2024 · 36.7%

ROA

14.1%▲

2024 · 13.2%

Interest coverage

22.38▼

2024 · 24.46

Debt

€858k▼

2024 · €901k

Debt ≤ 1 year

€362k▲

2024 · €282k

Debt > 1 year

€496k▼

2024 · €619k

Income taxes

€78k▲

2024 · €40k

Staff costs

€569k▲

2024 · €446k

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€1.41M€1.59M▲

Fixed assets21/28€910k€839k▼

Tangible fixed assets22/27€910k€839k▼

Land and buildings22€6k€5k▼

Plant, machinery and equipment23€141k€130k▼

Furniture and vehicles24€27k€75k▲

Leasing and similar rights25€733k€627k▼

Other tangible fixed assets26€3k€3k▼

Current assets29/58€498k€748k▲

Stocks and contracts in progress3€52k€48k▼

Stocks30/36€52k€48k▼

Amounts receivable within one year40/41€281k€347k▲

Trade receivables40€207k€292k▲

Other amounts receivable41€73k€55k▼

Cash at bank and in hand54/58€165k€354k▲

Equity and liabilities

Total equity and liabilities10/49€1.41M€1.59M▲

Equity10/15€507k€730k▲

Contributions10/11€10k€10k=

Capital10€10k€10k=

Issued capital100€10k€10k=

Reserves13€497k€720k▲

Distributable reserves133€497k€720k▲

Amounts payable17/49€901k€858k▼

Amounts payable after more than one year17€619k€496k▼

Financial debts170/4€619k€496k▼

Amounts payable within one year42/48€282k€362k▲

Current portion of amounts payable after more than one year42€120k€126k▲

Trade debts44€113k€171k▲

Suppliers440/4€113k€171k▲

Taxes, remuneration and social security45€43k€63k▲

Taxes450/3€40k€48k▲

Remuneration and social security454/9€3k€15k▲

Other amounts payable47/48€6k€2k▼

Income statement Code20242025

Remuneration, social security and pensions62€446k€569k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€156k▲

Other operating charges640/8€8k€4k▼

Gross operating margin9900€776k€1.05M▲

Operating profit (loss)9901€237k€319k▲

Financial income75/76B€2k€3k▲

Recurring financial income75€2k€3k▲

Financial charges65/66B€13k€21k▲

Recurring financial charges65€13k€21k▲

Profit (loss) for the period before taxes9903€225k€301k▲

Income taxes67/77€40k€78k▲

Profit (loss) for the period9904€186k€223k▲

Profit (loss) for the period to be appropriated9905€186k€223k▲

Appropriation of the result

Profit (loss) to be appropriated9906€186k€223k▲

Transfer to equity691/2€186k€223k▲

To other reserves6921€186k€223k▲

The notes to these accounts (7 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

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-10-2026

2025

13-10

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

31-03

Financial Highest result since 2022net €223k ▲20.3%

Operating result €319k, net result €223k, both a record.

2024

30-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

31-03

Financial Equity above €500kEq €507k ▲57.9%

3 profitable years in a row build equity to €507k.

2023

28-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

31-03

Financial Equity above €200kEq €321k ▲129%

2 profitable years in a row build equity to €321k.

2022

30-09

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, Tongeren-Borgloon · 1 establishment unit since 2021

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.

Warandestraat 53840 Tongeren-Borgloon

Ground area

483 m²

Building footprint

108 m²

Volume, LiDAR

649 m³

Parcel 73031B0529/00R000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MK METAAL

Warandestraat 5, 3840 Tongeren-BorgloonManufacture of basic metals

since 20212.314.438.806

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73031B0529/00R000	Flanders	483 m²	1 · 108 m²	8.7 m · 2 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

2022 to 2025 · 3 entries · 558 EUR awarded · 264 EUR paid

Year	Entries	awarded	paid
2025	1	360 EUR	66 EUR
2024	1	51 EUR	51 EUR
2022	1	147 EUR	147 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 558 EUR · 264 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

IFSC

BE 0817.306.756

Diepenbeek · Eq €729k

TUBEL

BE 0695.901.160

Maasmechelen · Eq €729k

Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,444 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-03-2021

Fiscal year end31-03

Activities, NACEBEL

25110Manufacture of metal structures and parts of structures

43240Other construction installation

43299Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 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.