Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 17.4 to 15.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
METALTEX BELUX from Pepinster, company number BE0408307741, closed financial year 2025 with a result of € -493,173 after tax. For that financial year METALTEX BELUX recorded revenue of € 3.5 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € -597,717 to € -493,173. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 2.3 million
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -493,173
▲ 17 % less loss than in 2024
Profit after tax over the fiscal year.
€ 210,542
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
15
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 989,094
▼ 11% vs 2024
€ 65,900 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.
€ 48,284
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 901,538
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 166,185
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,498,253 | - | - | € 3,468,702 | |
| Gross margin | - | € 1,565,201 | € 713,780 | € 689,423 | ▼ 3% |
| Profit after taxes | € 166,998 | € 59,133 | € -597,717 | € -493,173 | ▲ € 104,544 |
| Equity | € 3,380,744 | € 3,437,898 | € 2,838,441 | € 2,343,527 | ▼ 17% |
| Total debts | € 1,068,987 | € 880,143 | € 752,200 | € 1,375,203 | ▲ 83% |
| Cash | € 614,922 | € 776,132 | € 340,695 | € 210,542 | ▼ 38% |
| Land & buildings | € 687,849 | € 1,281,447 | € 1,300,774 | € 1,305,903 | |
| Retained profit | € 2,168,756 | € 2,227,889 | € 1,630,172 | € 1,136,998 | ▼ 30% |
| Bank debt | € 0 | € 0 | € 9,595 | € 0 | ▼ 100% |
| Balance sheet total | € 4,577,569 | € 4,586,995 | € 3,836,640 | € 3,943,085 | ▲ 3% |
| Employees (FTE) | 17.8 | 17.4 | 16.5 | 15 | ▼ 1.5 |
Key figures of METALTEX BELUX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to METALTEX BELUX?
What happened at METALTEX BELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marco MORANDI stepped down as director. NBB
- Sergio MORANDI stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 493,173. Source: NBB ↗
- Marco MORANDI became a director. NBB
- Sergio MORANDI became a director. NBB
- New establishment in Pepinster. KBO
- Start of the company according to the CBE. KBO
In short
From € 166,998 profit in 2022 to € 493,173 loss in 2025.
Paid € 7,074 in corporate taxes since 2022.
Best year ever: 2022, with € 166,998 profit.
On average € 46,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Marco MORANDI
Director
since 2023 · until 2028
Sergio MORANDI
Director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Chinheid 20
4860 Pepinster
Chinheid 20-21
4860 Pepinster
Active since 21 May 1971
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0408.307.741
- VAT number
- BE 0408.307.741
- Registered office
- Chinheid 20, 4860 Pepinster
- Names & denominations
- METALTEX BELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 1971
- Peppol
- Active · Active since 5 Dec 2025
- Contact
- [email protected] 087/468040
- Activities · NACE
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