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WEFOLD METTET

Active
Public limited companyfounded 1994active for 32 yearsRue de Saint-Donat 27, 5640 Mettet, BelgiumKBO/BCE: BE 0452.778.974
Summary

WEFOLD METTET has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of -€50,469. Equity has been growing by about 6.6% per year since 2018. Its solvency ranks better than 69% of 95 sector peers (NACE 17, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-06-1994 Normal situation
Activity
Manufacture of paper and paper products NACE 17210and 5 others
Joint committees
136 Paritair Comité voor de papier- en kartonbewerking
222 Paritair Comité voor de bedienden van de papier- en kartonbewerking · annual accounts 2022
Establishment unit
2.067.286.764 5640 Mettet, since 28-12-1994
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
Auditor
FORVIS MAZARS REVISEURS D'ENTREPRISES SRL
Shareholders
  • G.F. EXPANSION SASannual accounts 2017
  • GROUPE GUILLINannual accounts 2025

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€1.4m
▼ 19.1%
Turnover
≈ €2.4m
estimated
Loss
€50,469
Equity
€3.1m
▼ 1.6%
Total assets
€4.9m
▼ 9.9%
Employees on 31-12-2025
21
▲ 16.7%
Filed on 29-05-2026, 63 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.92, cash €245Sector: Manufacture of paper and paper products (NACE 17)lowers riskFounded in 1994Equity €3.1m (64.4% of total assets)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of small companies in paper (NACE 17)
Financial strength · tick: 2024
Strong
Solvency 89+5
equity 64.4% of total assets
Liquidity 34+3
short-term debt 35.5% · cash 0.0%
Profitability 66-8
return on assets -1.0%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (59 companies, NACE 17, small)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.92 (1.58 in 2024), above the usual 1.5. Short-term debt is 35.5% and cash 0% of total assets. 35.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 17, small). It does better than 67% of them on solvency, 21% on liquidity, 47% on profitability and 21% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.92, cash €245
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of paper and paper products (NACE 17)
KBO
lowers risk · Equity €3.1m (64.4% of total assets)
NBB · annual accounts
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
40 days early
2023
42 days early
2022
36 days early
2021
34 days early
2020
2 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 17), the median for financial year 2024 was 13 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €213,047 in 2024 -€50,469 View
  • Positive: Largest company by equity in Mettet, Manufacturing sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Company renamed from INTERSAC to WEFOLD METTETChanges of role: FOODPROOF (managing director) and ALTERECOPACK SAS (chair of the board) · Resignation: Marc WAELBERS (director) · Reappointments: FOODPROOF (director) and ALTERECOPACK SAS (director)
  2. · Gazette deed Resignations & appointmentsAppointments: ALTERECOPACK SAS (director) and Forvis Mazars Réviseurs d'Entreprises SRL (commissaire aux comptes) · Permanent representative: Sophie GUILLIN
  3. · Gazette deed Resignation: Rémi BOITIER (chair)Appointment: Sophie GUILLIN (chair) · Permanent representative: Sophie GUILLIN
All 16 events

Comparable companies

These companies have the same main activity as WEFOLD METTET: manufacture of paper and paper products (NACE 17210). They are comparable in size and age: total assets between €2.9m and €5.8m, founded between 1987 and 1995.

CompanyTotal assetsGross margin
WEFOLD METTET Mettet€4.9m€1.4m
Belgian Paper Convertors Sint-Katelijne-Waver€3.9m€1.5m
VERPAKKINGEN DONCKERS Lier€5.8m€1.6m
IMPRITEX Wavre€3.6m€1.8m
MOL D'ART Diest€4.0m€1.4m
IMPREPACK CARTONNAGES EN IMPRIMERIE WINDERICKX Sint-Jans-Molenbeek€3.2m€1.2m
ROTOLUX Anzegem€2.9m€2.2m
Full comparison

Key facts about WEFOLD METTET

What is the company number of WEFOLD METTET?
The company number of WEFOLD METTET is 0452.778.974. The VAT number is the same number with BE in front: BE 0452.778.974.
Where is WEFOLD METTET based?
The registered office is at Rue de Saint-Donat 27, 5640 Mettet.Company details
What does WEFOLD METTET do?
According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17210).
What is the legal form of WEFOLD METTET?
The legal form of WEFOLD METTET is Public limited company (NV).
When was WEFOLD METTET founded?
WEFOLD METTET was founded on 16-06-1994.
Is WEFOLD METTET still active?
Yes, WEFOLD METTET is an active enterprise in the KBO register.
How many employees does WEFOLD METTET have?
WEFOLD METTET had an average of 18.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WEFOLD METTET fall under?
In its 2022 annual accounts, WEFOLD METTET states joint committees 136 (Paritair Comité voor de papier- en kartonbewerking) and 222 (Paritair Comité voor de bedienden van de papier- en kartonbewerking).
What is the turnover of WEFOLD METTET?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.4m and 1,584 comparable companies of the same size. It probably lies between €1.6m and €4.0m. It is a rough estimate.
Is WEFOLD METTET profitable?
In financial year 2025, WEFOLD METTET made a loss of €50,469.
Where can I find the annual accounts of WEFOLD METTET?
WEFOLD METTET filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WEFOLD METTET due?
WEFOLD METTET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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