NF - METAL
ActiveNF - METAL has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €519k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 91% of 760 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-2
Solvency100=
Growth68▲+18
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.27 against 6.39 in 2023; short-term debt: 17% and cash: 19.6% of total assets), and 17% 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 risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
29 d late
2022
24 d late
2021
60 d late
2020
18 d late
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€3.65M▲ 950%
2023 · €348k
2021: €323k
2022: €318k
2023: €348k
2021 → 2024
EBIT margin
0.2%▼ 1.7pp
2023 · 1.9%
2021: 0.7%
2022: 1.7%
2023: 1.9%
2021 → 2024
Net result
€5k▲ 1.0%
2023 · €5k
2018: €13k
2019: €4k
2020: €8k
2021: €145
2022: €929
2023: €5k
2018 → 2024
Working capital
€453k▲ 5.1%
2023 · €431k
2018: €469k
2019: €485k
2020: €505k
2021: €505k
2022: €506k
2023: €431k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€323k€318k▼ 1.7%€348k▲ 9.5%€3.65M▲ 950%
Equity€508k-€508k=€509k▲ 0.2%€514k▲ 1.0%€519k▲ 1.0%
Operating result€10k-€2k▼ 75.0%€5k▲ 126%€6k▲ 18.8%€6k▼ 9.6%
Net result€8k-€145▼ 98.1%€929▲ 541%€5k▲ 429%€5k▲ 1.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €625k
Fixed assets
€65k▼ 20.7%
Current assets
€559k▲ 9.4%
Equity and liabilities €625k
Equity
€519k▲ 1.0%
Debt
€106k▲ 32.5%
The debt ratio rises from 13.5% to 17.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2023 · €7k
Cash flow
€22k▲
2023 · €5k
Solvency
83.0%▼
2023 · 86.5%
Current ratio
5.27▼
2023 · 6.39
Quick ratio
5.26▼
2023 · 6.38
Debt / equity
0.20▲
2023 · 0.16
ROE
1.0%=
2023 · 1.0%
ROA
0.8%▼
2023 · 0.8%
Interest coverage
37.33▲
2023 · 6.56
Debt
€106k▲
2023 · €80k
Debt ≤ 1 year
€106k▲
2023 · €80k
Income taxes
€406▼
2023 · €676
Staff costs
€58k▼
2023 · €89k
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€594k€625k▲
Fixed assets21/28€82k€65k▼
Tangible fixed assets22/27€82k€65k▼
Furniture and vehicles24€80k€64k▼
Other tangible fixed assets26€2k€576▼
Financial fixed assets28€465€465=
Current assets29/58€511k€559k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€303k€435k▲
Trade receivables40€288k€423k▲
Other amounts receivable41€16k€11k▼
Cash at bank and in hand54/58€202k€122k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€594k€625k▲
Equity10/15€514k€519k▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€437k€442k▲
Amounts payable17/49€80k€106k▲
Amounts payable within one year42/48€80k€106k▲
Trade debts44€12k€36k▲
Suppliers440/4€12k€36k▲
Taxes, remuneration and social security45€13k€11k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€11k€9k▼
Other amounts payable47/48€55k€58k▲
Income statement
Code20232024
Turnover70€348k€3.65M▲
Goods, raw materials, services and sundry goods60/61€248k€282k▲
Remuneration, social security and pensions62€89k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€498€17k▲
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A€408€1k▲
Gross operating margin9900€101k€83k▼
Operating profit (loss)9901€6k€6k▼
Financial income75/76B€188€123▼
Recurring financial income75€188€123▼
Non-recurring financial income76B€188-
Financial charges65/66B€1k€600▼
Recurring financial charges65€1k€600▼
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€6k€5k▼
Income taxes67/77€676€406▼
Profit (loss) for the period9904€5k€5k▲
Profit (loss) for the period to be appropriated9905€5k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€437k€442k▲
Profit (loss) brought forward from the previous period14P€432k€437k▲
Social balance
Average headcount (FTE)90872.0-
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
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 58 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Weakest financial yearnet €145 ▼98.1%
Net result drops to €145, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Equity above €500kEq €508k ▲1.6%
3 profitable years in a row build equity to €508k.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 1985
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.
Stationsstraat van Woluwe 521200 Sint-Lambrechts-WoluweGround area
717 m²
Building footprint
452 m²
Volume, LiDAR
2,465 m³
Parcel 21018B0210/00Y000, Brussels · tallest building 11.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Stationsstraat van Woluwe 52, 1200 Sint-Lambrechts-Woluwe
since 19852.027.437.184
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0210/00Y000 | Brussels | 717 m² | 1 · 452 m² | 11.8 m · 1 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.
Similar companies · same sector, comparable size
SCALCO MECANIQUE PRODUCTIONS
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AAFLEX
BE 0688.560.933
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Mecaform CNC
BE 0437.386.856
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ATELIER HANOT FRERE
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,550 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-06-1985
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
28110
28120
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.