Schiedel Metaloterm

Active

Private limited companyfounded 194779 yrs activeLouizalaan 287, 1050 Elsene, BelgiumKBO/BCE: BE 0401.281.080

Schiedel Metaloterm has been active since 1947 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-855k) and a net result of €-346k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2024

23 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-100

Solvency0=

Growth32▼-26

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.59 against 0.66 in 2023; short-term debt: 169.1% of total assets), and equity is negative.

How do we compute the score and the probability?

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

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

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 2024

Solvency, return and age of the figures

Solvency

-152.7%

Return on assets

-61.8%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

182021222324

2018 to 2024 · latest year €-855k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-02-2026, 187 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

187 d late

2023

161 d late

2022

164 d late

2021

54 d early

2020

37 d late

2019

42 d late

← before the deadline after the 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 2024, abbreviated schema

Equity

€-855k▼ 67.9%

2023 · €-509k

2018: €-179k 2020: €66k 2021: €220k 2022: €-816k 2023: €-509k

2018 → 2024

Total assets

€560k▼ 44.4%

2023 · €1.01M

2018: €2.13M 2020: €1.90M 2021: €848k 2022: €1.30M 2023: €1.01M

2018 → 2024

Net result

€-346k

2023 · €307k

2018: €-331k 2020: €-256k 2021: €155k 2022: €-1.04M 2023: €307k

2018 → 2024

Working capital

€-387k▲ 24.3%

2023 · €-511k

2018: €-445k 2020: €-197k 2021: €215k 2022: €360k 2023: €-511k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€66k-€220k▲ 236%€-816k€-509k▲ 37.6%€-855k▼ 67.9%

Operating result€-238k-€172k€-1.03M€308k€-328k

Net result€-256k-€155k€-1.04M€307k€-346k

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €328k after €308k in 2023.

Key figures and ratios

2024 value · change against 2023

Solvency

-152.7%▼

2023 · -50.5%

Current ratio

0.59▼

2023 · 0.66

Quick ratio

0.59▼

2023 · 0.66

Debt / equity

-1.11▲

2023 · -2.98

ROA

-61.8%▼

2023 · 30.4%

Debt

€946k▼

2023 · €1.52M

Debt ≤ 1 year

€946k▼

2023 · €1.52M

Income taxes

€2k▲

2023 · €2k

Staff costs

€679k▼

2023 · €1.70M

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€1.01M€560k▼

Fixed assets21/28€1k-

Tangible fixed assets22/27€1k-

Plant, machinery and equipment23€1k-

Current assets29/58€1.01M€560k▼

Stocks and contracts in progress3€10k-

Contracts in progress37€10k-

Amounts receivable within one year40/41€991k€558k▼

Trade receivables40€727k€448k▼

Other amounts receivable41€264k€110k▼

Deferred charges and accrued income490/1€5k€1k▼

Equity and liabilities

Total equity and liabilities10/49€1.01M€560k▼

Equity10/15€-509k€-855k▼

Contributions10/11€821k€821k=

Reserves13€63k€63k=

Tax-exempt reserves132€56k€56k=

Distributable reserves133€6k€6k=

Profit (loss) carried forward14€-1.39M€-1.74M▼

Provisions and deferred taxes16-€468k

Provisions for liabilities and charges160/5-€468k

Other liabilities and charges164/5-€468k

Amounts payable17/49€1.52M€946k▼

Amounts payable within one year42/48€1.52M€946k▼

Trade debts44€1.41M€398k▼

Suppliers440/4€1.41M€398k▼

Taxes, remuneration and social security45€110k€58k▼

Taxes450/3€28k-

Remuneration and social security454/9€82k€58k▼

Other amounts payable47/48-€490k

Income statement Code20232024

Non-recurring operating income76A€14k-

Remuneration, social security and pensions62€1.70M€679k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-8k€-91k▼

Other operating charges640/8€60k-

Non-recurring operating charges66A€-1.18M€479k▲

Gross operating margin9900€882k€739k▼

Operating profit (loss)9901€308k€-328k▼

Financial income75/76B€7k€1k▼

Recurring financial income75€7k€1k▼

Financial charges65/66B€7k€17k▲

Recurring financial charges65€7k€17k▲

Profit (loss) for the period before taxes9903€308k€-344k▼

Income taxes67/77€2k€2k▲

Profit (loss) for the period9904€307k€-346k▼

Profit (loss) for the period to be appropriated9905€307k€-346k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-1.39M€-1.74M▼

Profit (loss) brought forward from the previous period14P€-1.70M€-1.39M▲

Social balance

Average headcount (FTE)90879.16.0▼

The notes to these accounts (3 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 45Financial 4Gazette 31Filings 10

2026

26-02

State Gazette act Resignations & appointments

General meeting · Auditor reappointment · Permanent representative4 facts ▸

General meeting, 2025-12-19
Auditor reappointment, commissaris, 3 years
Permanent representative, Magdalena Xenos
Mandate term, tot aan de algemene vergadering te houden in 2028

03-02

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 187 days late

2025

05-06

State Gazette act Registered office · Statutes amendment

General meeting · Registered-office move2 facts ▸

General meeting, 2025-05-23
Registered-office move, 1050 Elsene, Louizalaan 287 bus 16

15-04

State Gazette act Resignations & appointments

Permanent representative1 fact ▸

Permanent representative, Magdalena Xenos

03-02

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment3 facts ▸

General meeting, 2024-12-06
Director resignation, Lukas Stummer (bestuurder)
Director appointment, Goderd Landa (bestuurder)

08-01

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 161 days late

2024

05-08

State Gazette act Resignations & appointments

General meeting · Director resignation · Board meeting4 facts ▸

General meeting, 2022-09-21
Director resignation, Nino Norcini (bestuurder)
Board meeting, 2022-12-14
Power of attorney, Nino Norcini

11-01

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 164 days late

2023

31-12

Financial Back to profitnet €307k

Net result €307k after one loss-making year.

22-12

State Gazette act Registered office

General meeting · Registered-office move2 facts ▸

General meeting, 2023-09-28
Registered-office move, Everselstraat 133, 3580 Beringen

22-12

State Gazette act Resignations & appointments

General meeting · Auditor reappointment · Permanent representative3 facts ▸

General meeting, 2022-05-06
Auditor reappointment, commissaris, 3 jaar
Permanent representative, Philip De Meyer

2022

31-12

Financial Weakest financial yearnet €-1.04M ▼770%

Net result drops to €-1.04M, the lowest in the series; recovery starts the following year.

07-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Back to profitnet €155k

Net result €155k after 2 loss-making years.

31-12

Financial Equity above €200kEq €220k ▲236%

Equity rises from €66k to €220k.

06-09

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 37 days late

2020

11-09

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 42 days late

14-01

State Gazette act Legal-form change · Resignations & appointments

General meeting · Name change · Legal-form conversion22 facts ▸

General meeting, 2019-12-18
Name change, Schiedel Metaloterm
Legal-form conversion, Besloten vennootschap (BV)
Corporate purpose, 1. de studie, de aankoop en verkoop, de invoer en uitvoer, de fabricatie en de aanwending van alle bouwmaterialen hierin begrepen de gereedschappen die kunnen d…
Director resignation, Michael BALL (zaakvoerder)
Director resignation, Shaun GOODINGS (zaakvoerder)
Director resignation, Nino NORCINI (zaakvoerder)
Director appointment, Michael BALL (niet-statutair bestuurder)
Director appointment, Nino NORCINI (niet-statutair bestuurder)
Director appointment, Lukas STUMMER (niet-statutair bestuurder)
Director appointment, Simon Joannes RAMAEKERS (niet-statutair bestuurder)
Mandate compensation, Michael BALL
+10 further facts in this act

2019

23-10

State Gazette act Resignations & appointments

General meeting · Auditor reappointment · Permanent representative3 facts ▸

General meeting, 2019-06-26
Auditor reappointment, 3 years, 2022
Permanent representative, Philip De Meyer

15-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

18-04

State Gazette act Capital & shares · Statutes amendment

General meeting · Capital increase · Bank account5 facts ▸

General meeting, 2019-04-02
Capital increase, €1.000.000
Bank account, KBC Bank, BE62 7490 1589 6261
Capital decrease, €905.000
Capital, €821.233,6

2018

24-10

State Gazette act Statutes amendment · Legal-form change · Resignations & appointments

General meeting · Legal-form conversion · Net-asset statement15 facts ▸

General meeting, 2018-09-28
Legal-form conversion, naamloze vennootschap -> besloten vennootschap met beperkte aansprakelijkheid
Net-asset statement, 2018-07-31
Capital, €726.233,6
Corporate purpose, de studie, de aankoop en verkoop, de invoer en uitvoer, de fabricatie en de aanwending van alle bouwmaterialen hierin begrepen de gereedschappen die kunnen dien…
Director resignation, Michael BALL (bestuurder)
Director resignation, Shaun GOODINGS (bestuurder)
Director resignation, Nino NORCINI (bestuurder)
Director appointment, Michael BALL (niet-statutair-zaakvoerder)
Director appointment, Shaun GOODINGS (niet-statutair-zaakvoerder)
Director appointment, Nino NORCINI (niet-statutair-zaakvoerder)
Mandate compensation, Michael BALL
+3 further facts in this act

29-05

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment3 facts ▸

General meeting, 2018-02-28
Director resignation, Kranewitter Stefan (bestuurder)
Director appointment, Shaun Goodings (bestuurder)

24-05

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

13-02

State Gazette act Capital & shares · Statutes amendment

General meeting · Name change · Capital increase7 facts ▸

General meeting, 20/12/2017
Name change, Schiedel
Capital increase, €600.000
Bank account, BE62 7490 1589 6261
Capital, €726.233,6
Power of attorney, Bestuursorgaan
Power of attorney, Frank Goddeeris

2017

16-05

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

27-02

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment9 facts ▸

General meeting, 2016-05-29
Director resignation, Thomas Mühl (bestuurder)
Director resignation, Wolfgang Hasenhütl (bestuurder)
Director appointment, Nino Norcini (bestuurder)
Director appointment, Michael Ball (bestuurder)
Director appointment, Stefan Kranewitter (bestuurder)
Board meeting, 2016-05-29
Director appointment, Nino Norcini (gedelegeerd bestuurder)
Director appointment, Michael Ball (gedelegeerd bestuurder)

08-02

State Gazette act Capital & shares

General meeting · Capital decrease · Capital4 facts ▸

General meeting, 2016-12-16
Capital decrease, €244.866,43
Capital, €126.233,6
Statutes amendment

2016

10-10

State Gazette act Resignations & appointments

General meeting · Auditor appointment · Permanent representative3 facts ▸

General meeting, 2016-06-30
Auditor appointment, CVBA VGD bedrijfsrevisoren (commissaris)
Permanent representative, Philip De Meyer

18-07

NBB filing Annual accounts filed

fiscal year 2015 · full schema

16-02

State Gazette act Resignations & appointments

General meeting · Director reappointment · Board meeting4 facts ▸

General meeting, 2015-06-30
Director reappointment, Wolfgang Hasenhütl (bestuurder)
Board meeting, 2015-06-12
Director appointment, Wolfgang Hasenhütl (gedelegeerd bestuurder)

2015

01-12

State Gazette act Capital & shares · Statutes amendment

General meeting · Capital decrease · Reserve release6 facts ▸

General meeting, 2015-10-01
Capital decrease, €440.399,97
Reserve release, 44040.00, gezien de geleden verliezen
Capital, €371.100,03
Power of attorney, bestuursorgaan
Power of attorney, Frank Goddeeris

13-02

State Gazette act Capital & shares · Statutes amendment

General meeting · Name change · Capital decrease8 facts ▸

General meeting, 2014-12-30
Name change, Schiedel-Bemal
Capital decrease, €979.652,8
Reserve release, 97965.28, gezien de geleden verliezen
Capital increase, €750.000
Capital, €811.500
Power of attorney, Bestuursorgaan van BEMAL
Power of attorney, Frank Goddeeris

2014

08-08

State Gazette act Miscellaneous

General meeting1 fact ▸

General meeting, 2014-05-23

14-07

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment8 facts ▸

General meeting, 2014-06-17
Director resignation, Georges Aerts (bestuurder)
Director appointment, Nino Norcini (bestuurder)
Mandate compensation, Nino Norcini
Board meeting, 2014-06-16
Director appointment, Nino Norcini (gedelegeerd bestuurder)
Mandate compensation, Nino Norcini
Mandate end, onmiddellijk na de jaarvergadering, die zich dient uit te spreken over de goedkeuring van de jaarrekening van het boekjaar afgesloten op 31 december 2015

16-06

State Gazette act Statutes amendment

General meeting · Purpose change · Statutes amendment4 facts ▸

General meeting, 2014-05-14
Purpose change, 1. de studie, de aankoop en verkoop, de irivoer en uitvoer, de fabricatie en de aanwending van alle bouwmatenalerı hierin begreperı de gereedschappen die kurıne…
Statutes amendment
Capital, €1.041.152,8

20-05

State Gazette act Resignations & appointments

General meeting · Board meeting · Director reappointment8 facts ▸

General meeting, 2014-04-11
Board meeting, 2014-04-11
Director reappointment, Georges Aerts (bestuurder)
Mandate compensation, Georges Aerts
Director appointment, Georges Aerts (gedelegeerd bestuurder)
Mandate compensation, Georges Aerts
Power of attorney, Johan Lagae
Power of attorney, Els Bruls

27-02

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment4 facts ▸

General meeting, 2013-12-06
Director resignation, Pekka Pohjalainen (bestuurder)
Director appointment, Thomas Mühl (bestuurder)
Auditor reappointment, drie jaar, hetzij tot aan de jaarvergadering te houden in 2016, 2013-06-28

2013

14-03

State Gazette act Registered office

Board meeting · Registered-office move2 facts ▸

Board meeting, 2013-02-23
Registered-office move, Centrum Zuid 3404, 3530 Houthalen

2012

15-06

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment3 facts ▸

General meeting, 2012-03-15
Director resignation, Johannes Kaindistorfer (bestuurder)
Director appointment, Pekka Pohjalainen (bestuurder)

2011

27-05

State Gazette act Resignations & appointments

General meeting · Director reappointment · Auditor appointment5 facts ▸

General meeting, 2011-03-03
Director reappointment, Wolfgang Hasenhütl (bestuurder)
Auditor appointment, KPMG Bedrijfsrevisoren CVBA (commissaris)
Board meeting, 2011-03-03
Director reappointment, Wolfgang Hasenhütl (gedelegeerd bestuurder)

2010

28-05

State Gazette act Resignations & appointments

General meeting · Director appointment · Board meeting4 facts ▸

General meeting, 2009-09-01
Director appointment, Johannes Kaindlstorfer (bestuurder)
Board meeting, 2009-09-01
Director appointment, Johannes Kaindlstorfer (voorzitter van de raad van bestuur)

28-05

State Gazette act Resignations & appointments

General meeting · Director resignation · Auditor reappointment3 facts ▸

General meeting, 2009-06-19
Director resignation, Guido Piero Zacchetti (bestuurder)
Auditor reappointment, 1 year, 2010-06-03

2005

29-09

State Gazette act Resignations & appointments

General meeting · Auditor appointment2 facts ▸

General meeting, 2005-07-19
Auditor appointment, VMB Bedrijfsrevisoren (commissaris)

10-01

State Gazette act Capital & shares · Statutes amendment

General meeting · Statutes amendment · Capital5 facts ▸

General meeting, 2004-12-20
Statutes amendment
Statutes amendment
Capital, €1.041.152,8
Corporate purpose, De studie, de handel, de fabricatie en de aanwending van alle bouwmateriaal hierin begrepen de gereedschappen die kunnen dienen voor hun fabricatie. Ze zal alle…

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

14 directors, no change since 2024

Goderd Landa

Director · since 06-12-2024

Current

BALL, Michael

Non-statutory director · since 18-12-2019

Not recently confirmed

Simon Joannes RAMAEKERS

Non-statutory director · since 18-12-2019

Not recently confirmed

Johannes Kaindlstorfer

Voorzitter van de raad van bestuur · since 01-09-2009

Not recently confirmed

06-12-2024 Goderd Landa: Appointed as Director

06-12-2024 Lukas Stummer: Resigned as Director

30-09-2022 Nino Norcini: Resigned as Director

18-12-2019 BALL, Michael: Appointed as Non-statutory director

18-12-2019 BALL, Michael: Resigned as Manager

18-12-2019 Simon Joannes RAMAEKERS: Appointed as Non-statutory director

18-12-2019 Lukas Stummer: Appointed as Non-statutory director

18-12-2019 Nino Norcini: Resigned as Manager

18-12-2019 Nino Norcini: Appointed as Non-statutory director

18-12-2019 GOODINGS Shaun: Resigned as Manager

28-09-2018 BALL, Michael: Appointed as Niet statutair zaakvoerder

28-09-2018 BALL, Michael: Resigned as Director

28-09-2018 Nino Norcini: Appointed as Niet statutair zaakvoerder

28-09-2018 Nino Norcini: Resigned as Director

28-09-2018 GOODINGS Shaun: Resigned as Director

28-09-2018 GOODINGS Shaun: Appointed as Niet statutair zaakvoerder

01-01-2018 GOODINGS Shaun: Appointed as Director

01-01-2018 Kranewitter Stefan: Resigned as Director

29-05-2016 BALL, Michael: Appointed as Director

29-05-2016 BALL, Michael: Appointed as Managing director

29-05-2016 Nino Norcini: Appointed as Director

29-05-2016 Nino Norcini: Appointed as Managing director

29-05-2016 Kranewitter Stefan: Appointed as Director

29-05-2016 Thomas Mühl: Resigned as Director

+ 17 not shown in this overview

Location & real-estate footprint

Registered office, Elsene · 1 establishment unit since 1947

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.

Louizalaan 2871050 Elsene

Ground area

3,384 m²

Building footprint

2,779 m²

Volume, LiDAR

47,299 m³

Parcel 21807G0172/00G000, Brussels · tallest building 31.7 m, ±8 floors. Linked by address, not a title deed.

1 establishment unit

Schiedel

Louizalaan 287, 1050 ElseneAgents in the wholesale of timber and building materials

since 19472.004.792.733

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0172/00G000	Brussels	3,384 m²	1 · 2,779 m²	31.7 m · 8 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

5 auditors

VGD BedrijfsrevisorenCurrent

Statutory auditor · represented by Magdalena Xenos

19-12-2025 → present

Show 4 earlier auditors

KPMG Réviseurs d'Entreprises Auditor succeeded by VGD Bedrijfsrevisoren CVBA in 2016	03-03-2011 → 30-06-2016
VGD Bedrijfsrevisoren BV Statutory auditor · represented by Philip De Meyer succeeded by VGD Bedrijfsrevisoren in 2025	06-05-2022 → 19-12-2025
VGD Bedrijfsrevisoren CVBA Auditor · represented by Philip De Meyer succeeded by VGD Bedrijfsrevisoren BV in 2022	30-06-2016 → 06-05-2022
VMB Bedrijfsrevisoren Auditor succeeded by KPMG Réviseurs d'Entreprises in 2011	24-02-2005 → 03-03-2011