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PREFER METAL

Active
Public limited companyfounded 201115 yrs activeSart d'Avette 110, 4400 Flémalle, BelgiumKBO/BCE: BE 0837.746.735

The annual accounts of PREFER METAL for fiscal year 2025 show a net loss of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €99k and a net result of €-188k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 14% of 924 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
39 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-38
Solvency29▼-13
Growth42▼-30
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.76 against 0.7 in 2024; short-term debt: 93.8% and cash: 0.1% of total assets), and 95.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 924 sector peers (2025).
NBB · sector comparison
Position among 924 sector peers
Solvency
better than 14%
← weakest strongest →
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
94 d early
2024
48 d early
2023
71 d early
2022
84 d early
2021
19 d early
2020
74 d early
2019
80 d early
← 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
20-09-2026 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, full schema

Turnover
€3.90M▲ 8.9%
2022 · €3.58M
2018: €2.41M 2019: €2.39M 2020: €2.61M 2021: €2.77M 2022: €3.58M
2018 → 2024
EBIT margin
1.4%▼ 2.6pp
2022 · 3.9%
2018: -1.9% 2019: 0.4% 2020: 4.0% 2021: 0.8% 2022: 3.9%
2018 → 2024
Net result
€-188k
2024 · €21k
2018: €-52k 2019: €-13k 2020: €100k 2021: €23k 2022: €142k 2023: €-54k 2024: €21k
2018 → 2025
Working capital
€-509k▼ 22.6%
2024 · €-415k
2018: €-817k 2019: €-702k 2020: €-637k 2021: €-645k 2022: €-583k 2023: €-549k 2024: €-415k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€2.77M-€3.58M▲ 29.3%€3.90M
Equity€204k-€335k▲ 64.8%€272k▼ 18.9%€288k▲ 6.0%€99k▼ 65.6%
Operating result€21k-€141k▲ 571%€4k▼ 97.0%€53k▲ 1,142%€-137k
Net result€23k-€142k▲ 526%€-54k€21k€-188k
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2021: €21k€21kNet result 2021: €23k€23kOperating result 2022: €141k€141kNet result 2022: €142k€142kOperating result 2023: €4k€4kNet result 2023: €-54k€-54kOperating result 2024: €53k€53kNet result 2024: €21k€21kOperating result 2025: €-137k€-137kNet result 2025: €-188k€-188k20212022202320242025
The operating result turns negative in 2025: a loss of €137k after €53k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.24M
Fixed assets €647k▼ 10.9%
Current assets €1.59M▲ 64.3%
Equity and liabilities €2.24M
Equity €99k▼ 65.6%
Provisions €0▼ 100%
Debt €2.14M▲ 52.1%
The debt ratio rises from 83.0% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-11k
2024 · €180k
Cash flow
€-63k
2024 · €148k
Solvency
4.4%
2024 · 17.0%
Current ratio
0.76
2024 · 0.70
Quick ratio
0.46
2024 · 0.42
Debt / equity
21.53
2024 · 4.88
ROE
-189.9%
2024 · 7.2%
ROA
-8.4%
2024 · 1.2%
Interest coverage
-0.19
2024 · 3.61
Debt
€2.14M
2024 · €1.40M
Debt ≤ 1 year
€2.10M
2024 · €1.38M
Income taxes
€315
2024 · €1k
Staff costs
€1.08M
2024 · €1.02M
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€1.69M€2.24M
Formation expenses20€0€0=
Fixed assets21/28€726k€647k
Intangible fixed assets21€28k€11k
Tangible fixed assets22/27€698k€636k
Land and buildings22€7k€6k
Plant, machinery and equipment23€664k€610k
Furniture and vehicles24€27k€20k
Financial fixed assets28€117€117=
Current assets29/58€967k€1.59M
Stocks and contracts in progress3€393k€620k
Stocks30/36€393k€620k
Amounts receivable within one year40/41€560k€961k
Trade receivables40€533k€914k
Other amounts receivable41€27k€47k
Current investments50/53€0€0=
Cash at bank and in hand54/58€1k€2k
Deferred charges and accrued income490/1€13k€5k
Equity and liabilities
Total equity and liabilities10/49€1.69M€2.24M
Equity10/15€288k€99k
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€108k€108k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€98k€98k=
Profit (loss) carried forward14€80k€-109k
Investment grants15€421-
Provisions and deferred taxes16€217-
Deferred taxes168€217-
Amounts payable17/49€1.40M€2.14M
Amounts payable within one year42/48€1.38M€2.10M
Financial debts43€822k€1.28M
Other loans439€822k€1.28M
Trade debts44€426k€689k
Suppliers440/4€426k€689k
Taxes, remuneration and social security45€134k€131k
Taxes450/3€19k€19k
Remuneration and social security454/9€115k€112k
Other amounts payable47/48-€105
Accrued charges and deferred income492/3€22k€39k
Income statement Code20242025
Turnover70€3.90M-
Goods, raw materials, services and sundry goods60/61€2.96M-
Remuneration, social security and pensions62€1.02M€1.08M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127k€126k
Other operating charges640/8€43k€46k
Gross operating margin9900€1.24M€1.12M
Operating profit (loss)9901€53k€-137k
Financial income75/76B€23k€10k
Recurring financial income75€5k€4k
Non-recurring financial income76B€18k€6k
Financial charges65/66B€57k€62k
Recurring financial charges65€50k€57k
Non-recurring financial charges66B€7k€5k
Profit (loss) for the period before taxes9903€19k€-188k
Transfer from deferred taxes780€2k€217
Income taxes67/77€1k€315
Profit (loss) for the period9904€21k€-188k
Profit (loss) for the period to be appropriated9905€21k€-188k
Appropriation of the result
Profit (loss) to be appropriated9906€80k€-109k
Profit (loss) brought forward from the previous period14P€59k€80k
Social balance
Average headcount (FTE)908718.616.6

The notes to these accounts (13 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
11-09
State Gazette act General meeting · Director reappointment
General meeting · Director reappointment · Permanent representative9 facts ▸
  • General meeting, 2026-04-24
  • Director reappointment, COGE4 SRL (administrateur délégué)
  • Permanent representative, Raphaël GRIMONT
  • Director reappointment, FINAWIRS SA (administrateur délégué)
  • Permanent representative, Germain PORTIER
  • Director resignation, Paul PORTIER (représentant permanent)
  • Director resignation, COGE4 SRL (personne déléguée à la gestion journalière)
  • Director resignation, Nicolas LIMBIOUL (administrateur délégué)
  • Auditor reappointment, 3 ans, 2026-04-24
28-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-188k ▼1005%
Net result drops to €-188k, the lowest in the series.
13-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €21k
Net result €21k after one loss-making year.
21-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
08-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €142k ▲526%
Operating result €141k, net result €142k, both a record.
12-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Equity above €200kEq €204k ▲6.7%
2 profitable years in a row build equity to €204k.
18-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €100k
Net result €100k after 2 loss-making years.
12-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
24-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
15-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
15-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 directors, no change since 2026
CoGe4
Managing director · since 24-04-2026 · Private limited company · perm. rep.: Raphaël GRIMONT
Current
FINAWIRS SA
Managing director · since 24-04-2026 · Legal entity · perm. rep.: Germain PORTIER
Current
24-04-2026 CoGe4: Resigned as Personne déléguée à la gestion journalière
24-04-2026 CoGe4: Mandate renewed as Managing director
24-04-2026 FINAWIRS SA: Mandate renewed as Managing director
24-04-2026 Nicolas LIMBIOUL: Resigned as Managing director
24-04-2026 Paul PORTIER: Resigned as Représentant permanent
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2011
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.

Sart d'Avette 1104400 Flémalle
Ground area
1,543 m²
Building footprint
397 m²
Volume, LiDAR
2,456 m³
Parcel 62007A0161/00G000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LOGFER
Bld Ernest-Solvay 208, 4000 LiègeWarehousing and storage
since 20112.200.896.841
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62007A0161/00G000 Wallonia 1,543 m² 1 · 397 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.

Statutory auditor

1 auditor
BDOCurrent
Auditor
24-04-2026 → present

Structure & network

Connections & network

4 connected companies
GPF1, Shared corporate director GGPF1GPS2, Shared corporate director GGPS2PREFER CONSTRUCT, Shared corporate director PCPREFERCONSTRUCTPREFER PREFAB, Shared corporate director PPPREFER PREFABPREFER METAL PREFER METAL0837.746.735
Shared directors
Network connections
GPF1
Shared corporate director
GPS2
Shared corporate director
PREFER CONSTRUCT
Shared corporate director
PREFER PREFAB
Shared corporate director

Similar companies · same sector, comparable size

Of 304 companies in sector 82920 we hold annual accounts for 198. 117 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded11-07-2011
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.