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 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
METAALONTWERPEN TINEL from Gent, company number BE0473464918, closed financial year 2025 with a result of € 4,424 after tax. For that financial year METAALONTWERPEN TINEL recorded a gross margin of € 229,033 and equity of € 310,587. Compared with financial year 2024, the result moved from € 1,582 to € 4,424. Profitable, and profit is growing. 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 February 27, 2026.
€ 310,587
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,424
▲ 180% vs 2024
Profit after tax over the fiscal year.
€ 64,049
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 27,841 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 77,389
▼ 22% 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.
€ 84,208
▲ 112% vs 2024
Of which on lease € 12,678.
Debts at end 2025
€ 392,345
▲ 40% vs 2024
€ 74,883 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 106,024
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,540
▲ € 10,972 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 190,104 | € 183,188 | € 228,833 | € 229,033 | |
| Profit after taxes | € 563 | € 902 | € 1,582 | € 4,424 | ▲ 180% |
| Equity | € 331,520 | € 332,422 | € 334,004 | € 310,587 | ▼ 7% |
| Total debts | € 915,560 | € 918,728 | € 895,916 | € 534,915 | ▼ 40% |
| Cash | € 245,651 | € 251,088 | € 313,191 | € 64,049 | ▼ 80% |
| Land & buildings | € 777,539 | € 708,781 | € 640,023 | € 571,267 | ▼ 11% |
| Retained profit | € 315,186 | € 316,089 | € 317,670 | € 294,253 | ▼ 7% |
| Dividend | € 0 | € 0 | € 0 | € 27,841 | |
| Bank debt | € 350,000 | € 331,263 | € 280,000 | € 392,345 | ▲ 40% |
| Balance sheet total | € 1,247,080 | € 1,251,150 | € 1,229,920 | € 845,502 | ▼ 31% |
| Employees (FTE) | - | 1.6 | - | - |
Key figures of METAALONTWERPEN TINEL, 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 METAALONTWERPEN TINEL?
What happened at METAALONTWERPEN TINEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,424 (▲ 180% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 563 profit in 2022 to € 4,424 profit in 2025.
Paid € 15,168 in corporate taxes since 2022.
Best year ever: 2025, with € 4,424 profit.
On average € 114,500 of value added per employee in 2023.
Management
Behind METAALONTWERPEN TINEL are Pieter Tinel and Leen Grawet. Leen Grawet is also behind TTIGRA.
Directors
According to the 2025 annual accounts
Pieter Tinel
Director
Establishments
Establishment units
Physical locations of this company
Gontrodestraat 86
9050 Gent
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0473.464.918
- VAT number
- BE 0473.464.918
- Registered office
- Gontrodestraat 86, 9050 Gent
- Names & denominations
- METAALONTWERPEN TINEL · M.T.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2000
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- tinelatelier.be
- Activities · NACE
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Schrijnwerk
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