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 2024 and 2025.
Financials
Financial year 2025
METAL FINISHING INDUSTRIES from Beringen, company number BE0461084649, closed financial year 2025 with a result of € -545,873 after tax. For that financial year METAL FINISHING INDUSTRIES recorded a gross margin of € 2.3 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € -483,066 to € -545,873. 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 July 9, 2026.
€ 2.9 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -545,873
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 93,913
▼ 80% 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
38
▲ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 15% vs 2024
€ 58,700 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.
€ 347,958
▼ 36% 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.
€ 666,365
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 325,663
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,547,157 | - | - | - | |
| Gross margin | € 3,328,082 | € 3,436,769 | € 3,215,670 | € 2,309,964 | ▼ 28% |
| Profit after taxes | € 1,265,184 | € 1,208,876 | € -483,066 | € -545,873 | ▼ € 62,807 |
| Equity | € 2,708,458 | € 3,917,334 | € 3,434,268 | € 2,888,395 | ▼ 16% |
| Total debts | € 2,670,484 | € 2,835,100 | € 1,338,370 | € 1,023,402 | ▼ 24% |
| Cash | € 1,502,530 | € 2,022,563 | € 460,630 | € 93,913 | ▼ 80% |
| Land & buildings | € 700,232 | € 1,342,010 | € 1,844,734 | € 1,761,991 | ▼ 4% |
| Retained profit | € 908,458 | € 2,117,334 | € 1,634,268 | € 1,088,395 | ▼ 33% |
| Dividend | € 226,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,419,129 | € 1,426,483 | € 0 | € 0 | |
| Balance sheet total | € 5,378,942 | € 6,752,434 | € 4,772,638 | € 3,911,797 | ▼ 18% |
| Employees (FTE) | 37 | 35.2 | 34.7 | 38 | ▲ 3.3 |
Key figures of METAL FINISHING INDUSTRIES, 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 METAL FINISHING INDUSTRIES?
What happened at METAL FINISHING INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WP Consulting BV stepped down as director. NBB
- Tilking Projects stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 545,873. Source: NBB ↗
- WP Consulting BV became a director. NBB
- Tilking Projects became a director. NBB
- New establishment in Beringen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 545,873 loss in 2025.
Paid € 57,599 in corporate taxes since 2022.
Best year ever: 2022, with € 1.3 million profit.
On average € 60,800 of value added per employee in 2025.
Management
The stake of TILKIN POWDER COATINGS, TER VELDEN, GROUP MINERVA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
METAL FINISHING INDUSTRIESThe shares are held by TILKIN POWDER COATINGS (100%), TER VELDEN (82%) and GROUP MINERVA (1.1%).
Directors
According to the 2025 annual accounts
Director · represented by Jo Tilkin
Also active at: TILKIN POWDER COATINGS, TILKIN IMMO
since 2025 · until 2031
Director · represented by Wouter Pauwels
Also active at: PARA INDUSTRIES, PARA, Staal Straal Weelde, Pattyn Albert & Cie, TILKIN POWDER COATINGS, PETER VERSTUYF/HI-TECH-PROTECTION, IPD, IPC SERVICES
since 2026 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schoebroekstraat 56
3583 Beringen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0461.084.649
- VAT number
- BE 0461.084.649
- Registered office
- Schoebroekstraat 56, 3583 Beringen
- Names & denominations
- METAL FINISHING INDUSTRIES · M. F. I.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 1997
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Oppervlaktebehandeling van metalen