Financials
Financial year 2026
METAGLAS from Tielt, company number BE0457561569, closed financial year 2026 with a result of € 256,040 after tax. For that financial year METAGLAS recorded a gross margin of € 514,113 and equity of € 176,446. Compared with financial year 2025, the result moved from € 219,578 to € 256,040. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 176,446
▲ 21% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 256,040
▲ 17% vs 2025
Profit after tax over the fiscal year.
€ 123,776
▲ 34% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 225,000 paid out
88 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
2.9
▲ 0.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 136,666
▲ 6% vs 2025
€ 47,100 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.
Debts at end 2026
€ 122,703
▼ 25% vs 2025
€ 32,863 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 29,601
▼ 31% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 65,735
▲ 15% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 341,565 | € 384,131 | € 465,340 | € 514,113 | ▲ 10% |
| Profit after taxes | € 165,353 | € 190,241 | € 219,578 | € 256,040 | ▲ 17% |
| Equity | € 114,337 | € 124,578 | € 145,406 | € 176,446 | ▲ 21% |
| Total debts | € 476,418 | € 464,392 | € 462,680 | € 443,821 | ▼ 4% |
| Cash | € 77,546 | € 53,346 | € 92,347 | € 123,776 | ▲ 34% |
| Land & buildings | € 286,617 | € 278,632 | € 252,134 | € 234,466 | ▼ 7% |
| Retained profit | € 95,745 | € 105,986 | € 126,814 | € 157,854 | ▲ 24% |
| Dividend | € 157,500 | € 180,000 | € 198,750 | € 225,000 | ▲ 13% |
| Bank debt | € 241,343 | € 203,939 | € 163,412 | € 122,703 | ▼ 25% |
| Balance sheet total | € 590,755 | € 588,970 | € 608,086 | € 620,268 | ▲ 2% |
| Employees (FTE) | - | 1.9 | 2.8 | 2.9 | ▲ 0.1 |
By gross margin, METAGLAS ranks 2nd of 6 companies with main activity “Onderhoud en reparatie van auto's” in Tielt that publish figures (fiscal year 2026).
Key figures of METAGLAS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about METAGLAS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to METAGLAS?
What happened at METAGLAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 256,040 (▲ 17% vs 2025). Source: NBB ↗
- Walid RAHUMI became a director. NBB
- Thierry ALGOED became a director. NBB
- Carl MAES became a director. NBB
- New establishment in Waregem. KBO
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 165,353 profit in 2023 to € 256,040 profit in 2026.
Paid € 267,412 in corporate taxes since 2023.
Best year ever: 2026, with € 256,040 profit.
On average € 177,300 of value added per employee in 2026.
Management
Behind METAGLAS are Thierry ALGOED, Carl MAES and Walid RAHUMI.
Directors
According to the 2026 annual accounts
Thierry ALGOED
Director
since 2015
Carl MAES
Director
since 2007
Walid RAHUMI
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Wingensesteenweg 1A
8700 Tielt
Bieststraat 130 box 1
8790 Waregem
Active since 1 April 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0457.561.569
- VAT number
- BE 0457.561.569
- Registered office
- Wingensesteenweg 1A, 8700 Tielt
- Names & denominations
- METAGLAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1996
- Peppol
- Active · Active since 29 Sept 2025
- Contact
- metaglas.be
- Activities · NACE
Onderhoud en reparatie van auto's
Reparatie en montage van specifieke auto-onderdelen
Groothandel in delen en toebehoren van motorvoertuigen
Groothandel in onderdelen en accessoires van auto's
Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Kleinhandel in onderdelen en accessoires van auto's