USIMETAL
ActiveSummary
USIMETAL has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €521k and a net result of €6k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 86% of 1904 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.19 in 2024; short-term debt: 16.8% and cash: 2.9% of total assets), and 16.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
83.2%
Return on assets
1%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-11-2025, 5 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
5 d late
2024
70 d early
2023
75 d early
2021
12 d early
2020
18 d early
2019
28 d early
2018
13 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€521k▲ 1.2%
2024 · €515k
2019: €500k
2020: €477k
2021: €478k
2023: €508k
2024: €515k
2019 → 2025
Total assets
€627k▲ 0.7%
2024 · €622k
2019: €627k
2020: €637k
2021: €621k
2023: €627k
2024: €622k
2019 → 2025
Net result
€6k▼ 10.1%
2024 · €7k
2019: €10k
2020: €-23k
2021: €991
2023: €9k
2024: €7k
2019 → 2025
Working capital
€-77k▲ 11.5%
2024 · €-87k
2019: €-105k
2020: €-122k
2021: €-122k
2023: €-99k
2024: €-87k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€477k-€478k▲ 0.2%€508k▲ 6.1%€515k▲ 1.4%€521k▲ 1.2%
Operating result€-22k-€1k€13k▲ 1,023%€11k▼ 19.5%€9k▼ 13.5%
Net result€-23k-€991€9k▲ 817%€7k▼ 22.9%€6k▼ 10.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €627k
Fixed assets
€598k ▼ 0.6%
Current assets
€28k ▲ 39.8%
Equity and liabilities €627k
Equity
€521k ▲ 1.2%
Debt
€105k ▼ 1.9%
Debt's share of the balance-sheet total falls from 17.3% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €15k
Cash flow
€10k▼
2024 · €12k
Current ratio
0.27▲
2024 · 0.19
Debt to equity
0.20▼
2024 · 0.21
ROE
1.2%▼
2024 · 1.4%
ROA
1.0%▼
2024 · 1.1%
Interest coverage
27.32▼
2024 · 42.68
Debt ≤ 1 year
€105k▼
2024 · €108k
Income taxes
€2k▼
2024 · €3k
Staff costs
€2k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€622k€627k▲
Fixed assets21/28€602k€598k▼
Tangible fixed assets22/27€12k€8k▼
Land and buildings22€8k€8k▼
Furniture and vehicles24€3k-
Financial fixed assets28€591k€591k=
Current assets29/58€20k€28k▲
Amounts receivable within one year40/41-€10k
Trade receivables40-€10k
Cash at bank and in hand54/58€20k€18k▼
Equity and liabilities
Total equity and liabilities10/49€622k€627k▲
Equity10/15€515k€521k▲
Contributions10/11€252k€252k=
Capital10€252k€252k=
Issued capital100€252k€252k=
Reserves13€25k€25k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Profit (loss) carried forward14€238k€244k▲
Amounts payable17/49€108k€105k▼
Amounts payable within one year42/48€108k€105k▼
Trade debts44€4k€16k▲
Suppliers440/4€4k€16k▲
Taxes, remuneration and social security45€8k€8k▼
Taxes450/3€5k€4k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€95k€82k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€22k€20k▼
Operating profit (loss)9901€11k€9k▼
Financial income75/76B€15-
Recurring financial income75€15-
Financial charges65/66B€363€472▲
Recurring financial charges65€363€472▲
Profit (loss) for the period before taxes9903€10k€9k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€7k€6k▼
Profit (loss) for the period to be appropriated9905€7k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€238k€244k▲
Profit (loss) brought forward from the previous period14P€231k€238k▲
The notes to these accounts (4 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
2025
05-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €500kEq €508k ▲6.1%
2 profitable years in a row build equity to €508k.
2021
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €991
Net result €991 after one loss-making year.
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €-23k ▼333%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
05-08
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
5 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, Morlanwelz · 1 establishment unit since 1987
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.
Rue de Cronfestu(MLZ) 957140 MorlanwelzGround area
1,541 m²
Building footprint
76 m²
Parcel 56057B0410/00S002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Cronfestu(MLZ) 95, 7140 Morlanwelz
since 19872.030.564.544
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057B0410/00S002 | Wallonia | 1,541 m² | 1 · 76 m² | - |
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.
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Isoband
BE 0413.606.218
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BE 0422.316.719
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WILLAERT VERPAKKINGEN
BE 0468.638.672
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Of 200 companies in sector 25220 we hold annual accounts for 175. 123 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-09-1987
Fiscal year end31-03
Activities, NACEBEL 2025
25220Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.