What does FORNAX METALS do?

FORNAX METALS is a wholesaler in Stekene. Private Limited, started on 25 May 2000, 1 establishment.

What is the address of FORNAX METALS?

The registered office of FORNAX METALS is located at Zavelstraat(STE) 33, 9190 Stekene.

Is FORNAX METALS still active?

Yes. According to the CBE (30 October 2026) FORNAX METALS is active, legal situation “Normale toestand”, started on 25 May 2000.

Is FORNAX METALS registered on Peppol?

Yes, FORNAX METALS is registered on the Peppol network with ID 0208:0471971514.

What is the enterprise number of FORNAX METALS?

The enterprise number of FORNAX METALS is BE0471971514.

When was FORNAX METALS founded?

FORNAX METALS was founded on 25 May 2000.

Who are the directors of FORNAX METALS?

According to the 2025 annual accounts, the directors of FORNAX METALS are: MUNIO BV, RUMATEC VOF.

Is FORNAX METALS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 May 2000; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FORNAX METALS make in 2025?

FORNAX METALS posted a profit after taxes of € 83,290 in financial year 2025.

What is the revenue of FORNAX METALS?

As a small company, FORNAX METALS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 156,906.

How many employees does FORNAX METALS have?

According to the 2025 annual accounts, FORNAX METALS has 0.8 full-time equivalents (FTE).

Does FORNAX METALS have a website?

Yes, FORNAX METALS has a website at fornaxmetals.com.

FORNAX METALS (Private Limited) - Stekene - BE0471971514

Dossier FORNAX METALS, printed on 30 October 2026 from databakkes.be/en/0471971514/fornax-metals. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

FORNAX METALS from Stekene, company number BE0471971514, closed financial year 2025 with a result of € 83,290 after tax. For that financial year FORNAX METALS recorded a gross margin of € 156,906 and equity of € 197,706. Compared with financial year 2024, the result moved from € 98,210 to € 83,290. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 3, 2026.

What it is worth Growing

€ 197,706

▲ 20% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 83,290

▼ 15% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 224,709

▲ € 169,778 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 50,000 paid out

60 % of the profit went to the shareholders, mostly to MUNIO BV (99 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

0.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 45,765

▲ 4% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 16,647

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 14,821

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 114,256

▲ 153% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 22,755

▲ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 81,853 Gross margin 2022: € 81,853 First fiscal year in the series	€ 82,748 Gross margin 2023: € 82,748 ▲ 1% vs 2022 (€ 81,853) Favourable step	€ 182,741 Gross margin 2024: € 182,741 ▲ 121% vs 2023 (€ 82,748) Favourable step	€ 156,906 Gross margin 2025: € 156,906 ▼ 14% vs 2024 (€ 182,741) Unfavourable step	▼ 14%
Profit after taxes	€ 11,542 Profit after taxes 2022: € 11,542 First fiscal year in the series	€ 19,485 Profit after taxes 2023: € 19,485 ▲ 69% vs 2022 (€ 11,542) Favourable step	€ 98,210 Profit after taxes 2024: € 98,210 ▲ € 78,725 vs 2023 (€ 19,485) Favourable step	€ 83,290 Profit after taxes 2025: € 83,290 ▼ 15% vs 2024 (€ 98,210) Unfavourable step	▼ 15%
Equity	€ 116,721 Equity 2022: € 116,721 First fiscal year in the series	€ 116,206 Equity 2023: € 116,206 Unchanged (€ 116,721) Unfavourable step	€ 164,416 Equity 2024: € 164,416 ▲ 41% vs 2023 (€ 116,206) Favourable step	€ 197,706 Equity 2025: € 197,706 ▲ 20% vs 2024 (€ 164,416) Favourable step	▲ 20%
Total debts	€ 133,226 Total debts 2022: € 133,226 First fiscal year in the series	€ 269,230 Total debts 2023: € 269,230 ▲ 102% vs 2022 (€ 133,226) Unfavourable step	€ 159,642 Total debts 2024: € 159,642 ▼ 41% vs 2023 (€ 269,230) Favourable step	€ 445,524 Total debts 2025: € 445,524 ▲ 179% vs 2024 (€ 159,642) Unfavourable step	▲ 179%
Cash	€ 24,843 Cash 2022: € 24,843 First fiscal year in the series	€ 98,918 Cash 2023: € 98,918 ▲ 298% vs 2022 (€ 24,843) Favourable step	€ 54,931 Cash 2024: € 54,931 ▼ 44% vs 2023 (€ 98,918) Unfavourable step	€ 224,709 Cash 2025: € 224,709 ▲ € 169,778 vs 2024 (€ 54,931) Favourable step	▲ € 169,778
Retained profit	€ 98,121 Retained profit 2022: € 98,121 First fiscal year in the series	€ 97,606 Retained profit 2023: € 97,606 ▼ 1% vs 2022 (€ 98,121) Unfavourable step	€ 145,816 Retained profit 2024: € 145,816 ▲ 49% vs 2023 (€ 97,606) Favourable step	€ 179,106 Retained profit 2025: € 179,106 ▲ 23% vs 2024 (€ 145,816) Favourable step	▲ 23%
Dividend	€ 9,000 Dividend 2022: € 9,000 First fiscal year in the series	€ 20,000 Dividend 2023: € 20,000 ▲ 122% vs 2022 (€ 9,000) Unchanged	€ 50,000 Dividend 2024: € 50,000 ▲ 150% vs 2023 (€ 20,000) Unchanged	€ 50,000 Dividend 2025: € 50,000 Unchanged (€ 50,000) Unchanged
Bank debt	€ 11,062 Bank debt 2022: € 11,062 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 11,062) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 14,821 Bank debt 2025: € 14,821 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 249,947 Balance sheet total 2022: € 249,947 First fiscal year in the series	€ 385,436 Balance sheet total 2023: € 385,436 ▲ 54% vs 2022 (€ 249,947) Unchanged	€ 324,058 Balance sheet total 2024: € 324,058 ▼ 16% vs 2023 (€ 385,436) Unchanged	€ 643,230 Balance sheet total 2025: € 643,230 ▲ 98% vs 2024 (€ 324,058) Unchanged	▲ 98%
Employees (FTE)	0.8 Employees (FTE) 2022: 0.8 First fiscal year in the series	0.8 Employees (FTE) 2023: 0.8 Unchanged (0.8) Unchanged	0.8 Employees (FTE) 2024: 0.8 Unchanged (0.8) Unchanged	0.8 Employees (FTE) 2025: 0.8 Unchanged (0.8) Unchanged

Key figures of FORNAX METALS, 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 April 2027.

What happened to FORNAX METALS?

What happened at FORNAX METALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Mar 3, 2026 New annual accounts for financial year 2025: profit of € 83,290 (▼ 15% vs 2024). Source: NBB ↗
Jun 8, 2000 New establishment in Stekene. KBO
May 25, 2000 Start of the company according to the CBE. KBO

In short

From € 11,542 profit in 2022 to € 83,290 profit in 2025.

Paid € 31,303 in corporate taxes since 2022.

Best year ever: 2024, with € 98,210 profit.

Paid out € 129,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MUNIO BV 99%

Luc Elegeert 1%

FORNAX METALS

Behind FORNAX METALS are MUNIO BV and RUMATEC VOF. The shares are held by MUNIO BV (99%) and Luc Elegeert (1%).

Directors

According to the 2025 annual accounts

MUNIO BV

Director · represented by Luc Elegeert

Also active at: DUYSE, Waterschoot Metalworks

RUMATEC VOF

Director · represented by Ruben Elegeert

Shareholders

MUNIO BV

99%

Luc Elegeert

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zavelstraat(STE) 33

9190 Stekene

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 →

DUYSE same network

€ 67,717 gross margin · 2025

Waterschoot Metalworks same network

€ 242,278 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS fornaxmetals.com

Canonical: https://fornaxmetals.com/nl

About

Technologies

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Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

fornaxmetals.com

Registered

2025-09-04

Registrar

Combell NV

Expires

2026-09-04

Website info

HTTPS Ja

Languages EN, FR, NL

Features

Blog Live chat Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Network

✓ IPv6

Details

Company number

0471.971.514

VAT number

BE 0471.971.514

Registered office

Zavelstraat(STE) 33, 9190 Stekene

Names & denominations

FORNAX METALS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 May 2000

Peppol

Active · Active since 20 Nov 2025

Contact

fornaxmetals.com

Activities · NACE

Groothandel in metalen en metaalertsen

Vervaardiging van metalen constructiewerken en delen daarvan

Vervaardiging van artikelen van draad en van kettingen en veren

Coating van metalen

Oppervlaktebehandeling van metalen

View on CBE Public ↗ Annual accounts (NBB) ↗

FORNAX METALS

Financials

What happened to FORNAX METALS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Network

Details

Frequently asked questions