PAMO METAALCONSTRUCTIES & ENGINEERING
ActivePAMO METAALCONSTRUCTIES & ENGINEERING has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.79M and a net result of €501k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 39% of 669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-10
Solvency81▲+6
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 6.43 against 4.5 in 2024), but 62.4% 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 2025Solvency, return and age of the figures
Solvency
37.6%
Return on assets
6.8%
Age of the figures
8 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
on the day
2022
11 d early
2021
18 d early
2020
1 d early
2019
28 d late
← 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€501k▼ 22.6%
2024 · €647k
2018: €714k
2019: €705k
2020: €53k
2021: €1.25M
2022: €1.03M
2023: €827k
2024: €647k
2018 → 2025
Working capital
€5.92M▲ 8.8%
2024 · €5.44M
2018: €664k
2019: €835k
2020: €743k
2021: €5.42M
2022: €5.31M
2023: €5.51M
2024: €5.44M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.85M-€2.15M▲ 16.3%€2.42M▲ 12.4%€2.56M▲ 5.7%€2.79M▲ 9.0%
Operating result€1.34M-€1.09M▼ 18.7%€873k▼ 19.6%€674k▼ 22.8%€493k▼ 26.9%
Net result€1.25M-€1.03M▼ 17.6%€827k▼ 19.8%€647k▼ 21.7%€501k▼ 22.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 27% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.41M
Fixed assets
€397k▼ 37.3%
Current assets
€7.01M▲ 0.2%
Equity and liabilities €7.41M
Equity
€2.79M▲ 9.0%
Debt
€4.62M▼ 8.9%
The debt ratio falls from 66.5% to 62.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€741k▼
2024 · €960k
Cash flow
€750k▼
2024 · €934k
Solvency
37.6%▲
2024 · 33.5%
Current ratio
6.43▲
2024 · 4.50
Quick ratio
5.39▲
2024 · 3.65
Debt / equity
1.66▼
2024 · 1.98
ROE
18.0%▼
2024 · 25.3%
ROA
6.8%▼
2024 · 8.5%
Interest coverage
8.08▲
2024 · 6.15
Debt
€4.62M▼
2024 · €5.07M
Debt ≤ 1 year
€1.09M▼
2024 · €1.55M
Debt > 1 year
€3.37M▲
2024 · €3.36M
Income taxes
€43k▲
2024 · €2k
Staff costs
€1.12M▼
2024 · €1.28M
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€7.63M€7.41M▼
Fixed assets21/28€632k€397k▼
Intangible fixed assets21€8k€5k▼
Tangible fixed assets22/27€623k€390k▼
Plant, machinery and equipment23€349k€260k▼
Furniture and vehicles24€6k€3k▼
Leasing and similar rights25€78k€0▼
Other tangible fixed assets26€190k€127k▼
Financial fixed assets28€875€875=
Current assets29/58€7.00M€7.01M▲
Amounts receivable after more than one year29€4.25M€4.84M▲
Other amounts receivable291€4.25M€4.84M▲
Stocks and contracts in progress3€1.32M€1.13M▼
Stocks30/36€1.03M€678k▼
Contracts in progress37€287k€456k▲
Amounts receivable within one year40/41€1.02M€522k▼
Trade receivables40€868k€409k▼
Other amounts receivable41€156k€113k▼
Cash at bank and in hand54/58€363k€469k▲
Deferred charges and accrued income490/1€34k€44k▲
Equity and liabilities
Total equity and liabilities10/49€7.63M€7.41M▼
Equity10/15€2.56M€2.79M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.49M€2.72M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€130k€130k=
Distributable reserves133€2.36M€2.59M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€5.07M€4.62M▼
Amounts payable after more than one year17€3.36M€3.37M▲
Financial debts170/4€141k€68k▼
Other amounts payable178/9€3.21M€3.30M▲
Amounts payable within one year42/48€1.55M€1.09M▼
Current portion of amounts payable after more than one year42€146k€78k▼
Financial debts43€47k€33k▼
Credit institutions430/8€47k€33k▼
Trade debts44€680k€536k▼
Suppliers440/4€680k€536k▼
Taxes, remuneration and social security45€170k€172k▲
Taxes450/3€26k€31k▲
Remuneration and social security454/9€144k€141k▼
Other amounts payable47/48€510k€270k▼
Accrued charges and deferred income492/3€163k€163k=
Income statement
Code20242025
Remuneration, social security and pensions62€1.28M€1.12M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€287k€249k▼
Other operating charges640/8€19k€14k▼
Gross operating margin9900€2.26M€1.88M▼
Operating profit (loss)9901€674k€493k▼
Financial income75/76B€132k€143k▲
Recurring financial income75€132k€143k▲
Financial charges65/66B€156k€92k▼
Recurring financial charges65€156k€92k▼
Profit (loss) for the period before taxes9903€650k€544k▼
Income taxes67/77€2k€43k▲
Profit (loss) for the period9904€647k€501k▼
Profit (loss) for the period to be appropriated9905€647k€501k▼
Appropriation of the result
Profit (loss) to be appropriated9906€647k€501k▼
Transfer to equity691/2€137k€231k▲
To other reserves6921€137k€231k▲
Profit to be distributed694/7€510k€270k▼
Directors or managers695€510k€270k▼
Social balance
Average headcount (FTE)908720.218.7▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2MEq €2.15M ▲16.3%
5 profitable years in a row build equity to €2.15M.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.25M ▲2242%
Operating result €1.34M, net result €1.25M, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.57
Current ratio from 1.17 to 3.57; short-term debt falls from €4.33M to €2.11M.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €53k ▼92.4%
Net result drops to €53k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Dendermonde · 1 establishment unit since 1972
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.
Bosveld(STG) 29200 DendermondeGround area
1.5 ha
Building footprint
7,947 m²
Volume, LiDAR
1 m³
Parcel 42021A1155/00A000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Bosveld(STG) 2, 9200 Dendermonde
since 19722.007.608.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A1155/00A000 | Flanders | 1.5 ha | 1 · 7,947 m² | 0.1 m |
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 · 9 entries · 34,793 EUR awarded · 34,679 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 9,347 EUR | 9,347 EUR |
| 2024 | 2 | 9,578 EUR | 9,479 EUR |
| 2023 | 2 | 8,512 EUR | 8,497 EUR |
| 2022 | 2 | 7,356 EUR | 7,356 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
Werkhuizen Deswarte
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Lauwers ramen & deuren
BE 0438.201.359
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WAF
BE 0407.183.927
Beveren-Kruibeke-Zwijndrecht · Eq €2.83M
FABRICATIONS METALLIQUES DU CONDROZ
BE 0413.392.917
Ouffet · Eq €2.85M
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 916 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-10-1972
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
Sources
Crossroads Bank for EnterprisesNational Bank · 49 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.
Contact details
5 entriesE-mail:celine.staelens@octopuscapital.be
E-mail:frederick.pollet@octopuscapital.be
E-mail:info@pamo-metaal.be
Phone:0476454088
Phone:052332898