Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Metalced from Kontich, company number BE0404036573, closed financial year 2024 with a result of € -59,237 after tax. For that financial year Metalced recorded revenue of € 16.7 million and equity of € 4.6 million. Compared with financial year 2023, the result moved from € 74,627 to € -59,237. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2025.
€ 4.6 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,237
▼ still € 74,627 profit in 2023
Profit after tax over the fiscal year.
€ 229,396
▲ 25% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2024
69.5
▲ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.6 million
▲ 8% vs 2023
€ 66,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 372,547
▼ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3.5 million
▼ 23% vs 2023
€ 73,545 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 3 million
▲ 31% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 88 days on average.
€ 2.9 million
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 12,855,360 | € 15,901,638 | € 14,831,458 | € 16,714,872 | ▲ 13% |
| Profit after taxes | € -956,990 | € 444,528 | € 74,627 | € -59,237 | ▼ € 133,863 |
| Equity | € 4,112,513 | € 4,557,042 | € 4,631,668 | € 4,572,432 | ▼ 1% |
| Total debts | € 10,547,733 | € 10,314,469 | € 10,681,133 | € 9,885,413 | ▼ 7% |
| Cash | € 200,626 | € 285,270 | € 183,084 | € 229,396 | ▲ 25% |
| Land & buildings | € 3,993,841 | € 3,728,954 | € 3,464,025 | € 3,216,332 | ▼ 7% |
| Retained profit | € -50,791 | € 651,251 | € 975,745 | € 1,155,054 | ▲ 18% |
| Bank debt | € 5,550,483 | € 4,924,403 | € 4,572,866 | € 3,507,167 | ▼ 23% |
| Balance sheet total | € 14,843,219 | € 15,054,483 | € 15,495,774 | € 14,457,845 | ▼ 7% |
| Employees (FTE) | 77.2 | 73.8 | 69.3 | 69.5 | ▲ 0.2 |
Key figures of Metalced, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Metalced?
What happened at Metalced in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 59,237 (▼ € 133,863 vs 2023). filed late Source: NBB ↗
- Yannick Van Gael stepped down as director. NBB
- Jorge Van Gael stepped down as director. NBB
- EFFICACE NV became a director. NBB
- Yannick Van Gael became a director. NBB
- Jorge Van Gael became a director. NBB
- New establishment in Gembloux. KBO
- Start of the company according to the CBE. KBO
In short
From € 956,990 loss in 2021 to € 59,237 loss in 2024.
Paid € 632,832 in corporate taxes since 2021.
Best year ever: 2022, with € 444,528 profit.
Pays suppliers within 88 days on average.
Management
Behind Metalced is EFFICACE NV. The shares are held by EFFICACE NV (99.7%) and Rudiger Van Gael (0.3%).
Directors
According to the 2024 annual accounts
since 2021
Yannick Van Gael
Director
since 2021 · until 2025
Jorge Van Gael
Director
since 2021 · until 2025
Shareholders
99.7%
Rudiger Van Gael
0.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 307
2550 Kontich
Rue des Praules, Sauv. 1 box a
5030 Gembloux
Active since 23 March 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0404.036.573
- VAT number
- BE 0404.036.573
- Registered office
- Mechelsesteenweg 307, 2550 Kontich
- Names & denominations
- Metalced
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 1965
- Peppol
- Active · Active since 23 Jun 2026
- Contact
- metalced.be [email protected]
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv
Groothandel in hijs-, hef- en transportwerktuigen
Groothandel in andere machines en werktuigen, n.e.g.
Reparatie en onderhoud van andere civiele transportmiddelen
Installatie van industriële machines, toestellen en werktuigen