Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 35.2 to 27.6.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Metselwerken-constructies-stabiliteit from Waregem, company number BE0434140326, closed financial year 2024 with a result of € -176,483 after tax. For that financial year Metselwerken-constructies-stabiliteit recorded a gross margin of € 2.1 million and equity of € 651,507. Compared with financial year 2023, the result moved from € -242,275 to € -176,483. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 25, 2025.
€ 651,507
▼ 21% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -176,483
▲ 27 % less loss than in 2023
Profit after tax over the fiscal year.
€ 2,584
▼ 92% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -122,019.
People and assets in 2024
27.6
▼ 4.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 12% vs 2023
€ 61,300 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.
€ 23,338
▼ 69% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.9 million
▼ 23% vs 2023
€ 68,112 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.6 million
▼ 49% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 235,739
▲ 36% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,046,701 | € 2,701,782 | € 2,588,993 | € 2,064,901 | ▼ 20% |
| Profit after taxes | € -5,669 | € -6,179 | € -242,275 | € -176,483 | ▲ € 65,792 |
| Equity | € 1,076,443 | € 1,070,264 | € 827,989 | € 651,507 | ▼ 21% |
| Total debts | € 5,473,010 | € 7,423,409 | € 6,990,278 | € 4,352,125 | ▼ 38% |
| Cash | € 466,987 | € 181,918 | € 33,341 | € 2,584 | ▼ 92% |
| Retained profit | € 302,917 | € 296,739 | € 54,464 | € -122,019 | ▼ € 176,483 |
| Bank debt | € 2,178,681 | € 1,688,590 | € 2,515,580 | € 1,937,118 | ▼ 23% |
| Balance sheet total | € 6,584,968 | € 8,529,189 | € 7,853,783 | € 5,039,148 | ▼ 36% |
| Employees (FTE) | 38.2 | 35.2 | 31.9 | 27.6 | ▼ 4.3 |
Key figures of Metselwerken-constructies-stabiliteit, 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 Metselwerken-constructies-stabiliteit?
What happened at Metselwerken-constructies-stabiliteit in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Metselwerken-constructies-stabiliteit is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 176,483. Source: NBB ↗
- Michelle VALCKE stepped down as director. NBB
- Arlette VANKEIRSBILCK stepped down as director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,669 loss in 2021 to € 176,483 loss in 2024.
Paid € 53,947 in corporate taxes since 2021.
On average € 74,800 of value added per employee in 2024.
Management
Behind Metselwerken-constructies-stabiliteit is Joseph VALCKE. Joseph VALCKE is also behind All Generations Projects, CENTRALE VERWARMING VANMEERHAEGHE, Hôtel Regnier, VILLAS CHARMETTE and REALISATIE DOORDACHTE HUIZENBOUW.
Directors
According to the 2024 annual accounts
Joseph VALCKE
Chairman of the board
Also active at: All Generations Projects, CENTRALE VERWARMING VANMEERHAEGHE, Hôtel Regnier, VILLAS CHARMETTE, REALISATIE DOORDACHTE HUIZENBOUW
Michelle VALCKE
Director
· until 2024
Arlette VANKEIRSBILCK
Director
· until 2024
Establishments
Establishment units
Physical locations of this company
Opstalstraat 75
8792 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →All Generations Projects same network
€ 995,355 gross margin · 2025
't KOPKE
€ 274,379 gross margin · 2025
CHARMETTE
€ -5,958 gross margin · 2025
BOUWMANAGEMENT
€ 257,045 gross margin · 2025
MICH
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.140.326
- VAT number
- BE 0434.140.326
- Registered office
- Opstalstraat 75, 8792 Waregem
- Names & denominations
- Metselwerken-constructies-stabiliteit · M.C.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 3 May 1988
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
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