Financials
Financial year 2025
ON TIME METALWORKS from Hasselt, company number BE0727728642, closed financial year 2025 with a result of € 31,196 after tax. For that financial year ON TIME METALWORKS recorded a gross margin of € 646,120 and equity of € 734,739. Compared with financial year 2024, the result moved from € 2,957 to € 31,196. 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 May 29, 2026.
€ 734,739
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,196
▲ € 28,238 vs 2024
Profit after tax over the fiscal year.
€ 67,895
▲ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 295,018
▲ 69% vs 2024
€ 59,000 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.
€ 1.2 million
▼ 12% vs 2024
Of which on lease € 1.2 million.
Debts at end 2025
€ 1 million
▼ 13% vs 2024
€ 210,745 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 89,045
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,309
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 432,457 | € 467,101 | € 498,455 | € 646,120 | ▲ 30% |
| Profit after taxes | € 308,979 | € 94,259 | € 2,957 | € 31,196 | ▲ € 28,238 |
| Equity | € 706,326 | € 800,586 | € 803,543 | € 734,739 | ▼ 9% |
| Total debts | € 1,395,177 | € 1,384,688 | € 1,278,898 | € 1,152,714 | ▼ 10% |
| Cash | € 98,109 | € 39,519 | € 38,560 | € 67,895 | ▲ 76% |
| Retained profit | € 681,326 | € 775,586 | € 778,543 | € 709,739 | ▼ 9% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 1,241,040 | € 1,248,435 | € 1,150,387 | € 1,002,025 | ▼ 13% |
| Balance sheet total | € 2,101,504 | € 2,185,274 | € 2,082,441 | € 1,887,453 | ▼ 9% |
| Employees (FTE) | - | 2 | 3.2 | 5 | ▲ 1.8 |
Key figures of ON TIME METALWORKS, 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 ON TIME METALWORKS?
What happened at ON TIME METALWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,196 (▲ € 28,238 vs 2024). Source: NBB ↗
- New establishment in Alken. KBO
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
- STIJN VANSTRAELEN became a director. NBB
- PHILIP BARET became a director. NBB
In short
From € 308,979 profit in 2022 to € 31,196 profit in 2025.
Paid € 33,204 in corporate taxes since 2022.
Best year ever: 2022, with € 308,979 profit.
On average € 129,200 of value added per employee in 2025.
Management
Behind ON TIME METALWORKS are STIJN VANSTRAELEN and PHILIP BARET.
Directors
According to the 2025 annual accounts
STIJN VANSTRAELEN
Director
since 2019
PHILIP BARET
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Casterstraat 70 box 2
3500 Hasselt
Kolmenstraat 1307
3570 Alken
Active since 1 May 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0727.728.642
- VAT number
- BE 0727.728.642
- Registered office
- Casterstraat 70 bus 2, 3500 Hasselt
- Names & denominations
- ON TIME METALWORKS · OTM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 2019
- Peppol
- Active · Active since 30 Aug 2025
- Activities · NACE
Verspanend bewerken van metalen
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van overige producten van metaal, neg
Schrijnwerk
Coating van metalen
Vervaardiging van metalen deuren en vensters
Smeden van metaal
Oppervlaktebehandeling van metalen