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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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Walter Metsu en vennoten from Bredene, company number BE0451869352, closed financial year 2025 with a result of € 37,000 after tax. For that financial year Walter Metsu en vennoten recorded a gross margin of € 95,963 and equity of € 716,175. Compared with financial year 2024, the result moved from € 41,295 to € 37,000. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 716,175
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,000
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 7,294
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 220,388.
Debts at end 2025
€ 552,761
▼ 6% vs 2024
€ 32,749 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 2,747
▲ € 2,298 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,700
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,298 | € 72,982 | € 96,452 | € 95,963 | ▼ 1% |
| Profit after taxes | € 29,929 | € 34,971 | € 41,295 | € 37,000 | ▼ 10% |
| Equity | € 602,909 | € 637,880 | € 679,175 | € 716,175 | ▲ 5% |
| Total debts | € 679,098 | € 650,790 | € 620,080 | € 599,110 | ▼ 3% |
| Cash | € 15,378 | € 9,478 | € 28,098 | € 7,294 | ▼ 74% |
| Land & buildings | € 1,257,151 | € 1,253,166 | € 1,242,532 | € 1,236,856 | |
| Retained profit | € 107,122 | € 142,093 | € 183,388 | € 220,388 | ▲ 20% |
| Bank debt | € 671,672 | € 640,192 | € 585,081 | € 552,761 | ▼ 6% |
| Balance sheet total | € 1,282,007 | € 1,288,670 | € 1,299,255 | € 1,315,285 | ▲ 1% |
Key figures of Walter Metsu en vennoten, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Walter Metsu en vennoten?
What happened at Walter Metsu en vennoten in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,000 (▼ 10% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 29,929 profit in 2022 to € 37,000 profit in 2025.
Paid € 38,507 in corporate taxes since 2022.
Best year ever: 2024, with € 41,295 profit.
Management
Behind Walter Metsu en vennoten are Frank Metsu, Peter Metsu and Johan Metsu. Peter Metsu is also behind CAMPING PARK METSU, Park Merlo and DOUBLE - FUN. Johan Metsu is also behind CAMPING PARK METSU.
Directors
According to the 2025 annual accounts
Frank Metsu
Managing director
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 56 box .0001
8450 Bredene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0451.869.352
- VAT number
- BE 0451.869.352
- Registered office
- Koningin Astridlaan 56 bus .0001, 8450 Bredene
- Names & denominations
- Walter Metsu en vennoten
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1993
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
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