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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 55.5 to 48.5.
Financials
Financial year 2025
C-METAL from Temse, company number BE0735611772, closed financial year 2025 with a result of € -3.3 million after tax. For that financial year C-METAL recorded revenue of € 9.9 million and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -210,661 to € -3.3 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ -1.3 million
▼ € 3.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.3 million
▼ 1487 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,221
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13.3 million.
People and assets in 2025
48.5
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 11% vs 2024
€ 75,500 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.
€ 669,740
Of which on lease € 665,000.
Debts at end 2025
€ 2.5 million
Loans from banks and other lenders, long and short.
€ 4.2 million
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 155 days on average.
€ 336,771
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,801,369 | € 9,887,585 | € 11,368,292 | € 9,866,489 | ▼ 13% |
| Profit after taxes | € -3,901,858 | € -3,422,082 | € -210,661 | € -3,342,553 | ▼ € 3.1 million |
| Equity | € -4,324,823 | € 2,253,095 | € 2,042,435 | € -1,300,118 | ▼ € 3.3 million |
| Total debts | € 11,690,056 | € 2,855,217 | € 3,358,126 | € 7,632,570 | ▲ 127% |
| Cash | € 2,924 | € 2,829 | € 2,607 | € 2,221 | ▼ 15% |
| Retained profit | € -6,324,823 | € -9,746,905 | € -9,957,565 | € -13,300,118 | ▼ € 3.3 million |
| Bank debt | € 0 | € 0 | € 0 | € 2,452,897 | |
| Balance sheet total | € 7,365,234 | € 5,108,313 | € 5,400,560 | € 6,598,452 | ▲ 22% |
| Employees (FTE) | 19.7 | 55.5 | 50.9 | 48.5 | ▼ 2.4 |
Key figures of C-METAL, 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 C-METAL?
What happened at C-METAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johan Plasschaert stepped down as director. NBB
- E.R.M BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3.3 million. Source: NBB ↗
- Johan Plasschaert became a director. NBB
- Sandina BV stepped down as director. NBB
- REbuild BV stepped down as director. NBB
- E.R.M BV became a director. NBB
- DHK Projects stepped down as director. NBB
In short
From € 3.9 million loss in 2022 to € 3.3 million loss in 2025.
Paid € 7,232 in corporate taxes since 2022.
Pays suppliers within 155 days on average.
Management
The stake of CORDEEL GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
C-METALThe shares are held by CORDEEL GROUP (99%).
Directors
According to the 2025 annual accounts
Director · represented by Kevin De Hainaut
Also active at: CORDEEL ZETEL TEMSE, CORDEEL BELGIUM, C-LIVING, TECHNOCON, VITA HORECA TEMSE, CORDEEL GROUP, C-CONCRETE, C-RENTAL +18 more
since 2024 · until 2025
Director · represented by Steven De Coster
since 2023 · until 2025
Johan Plasschaert
Persoon belast met dagelijks bestuur
since 2026 · until 2032
Erik De Bruyn
Director
Also active at: CORDEEL BELGIUM, SUFESO, CORDEEL GROUP, C-RENTAL, BRUNA MANAGEMENT, CORTEM, Nieuw Feniks, TEMSE SPORT INFRA +3 more
since 2023 · until 2025
Director · represented by Peter Van Ingelghem
Also active at: C-CONCRETE, OFF SITE BELGIUM, Baeck Cladding, C-WOOD
since 2025 · until 2026
Director · represented by Wim Vriesacker
Also active at: CORDEEL ZETEL TEMSE, TECHNOCON, C-CONCRETE, OFF SITE BELGIUM, Building Maintenance & Services, Baeck Cladding, C-WOOD, C-Supply
since 2025 · until 2025
Director · represented by Yves Remy
Also active at: C-CONCRETE, OFF SITE BELGIUM, C-WOOD, SISY
since 2025 · until 2031
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Frank Van Dyckelaan 19 box A
9140 Temse
Frank Van Dyckelaan 19 A
9140 Temse
Active since 1 October 2019
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
- 0735.611.772
- VAT number
- BE 0735.611.772
- Registered office
- Frank Van Dyckelaan 19 bus A, 9140 Temse
- Names & denominations
- C-METAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Schrijnwerk
Activiteiten van holdings
Groothandel in metalen en metaalertsen
Holdings