Checked.be
Active
BE 0561.737.391Private limited company (pre-2019)
Metino
Bieststraat 114 ·8790 Waregem, Belgium· 11 yrs active
Sector: Freight transport by road
(49410)
Conclusion
Metino has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €135. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 4269 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €101k |
| Net result | €135 |
| Staff (FTE) | 1.6 |
| Better than sector | 59% |
Financial profile
63
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
74
Profitability
1
Solvency
89
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2014, 12 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
74
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€7k
estimate, not credit advice
Score history
86
2021
86
2022
86
2023
74
2024
74
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.81 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.81 (≥ 1.0)
+5
Leverage
Debt/equity 1.07 (< 2.0)
+3
Profitability
ROE 0%
+3
Interest coverage
Interest coverage 2.0×
+3
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 09-04-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~3.4%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 49, Land transport and transport via pipelines · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 48.4% | 39.2% | |
| Net result | €135 | €6k | |
| Equity | €101k | €37k | |
| Gross operating margin | €104k | €40k | |
| Staff costs | €62k | €51k |
€38k
-31.3%
21-25
€135
-88.6%
21-25
€17k
-43.1%
21-25
€209k
-12.9%
21-25
€101k
+0.1%
21-25
€82k
-0.9%
21-25
2
+60.0%
21-25
€62k
+52.9%
21-25
€6k
+13.3%
21-25
€108k
-22.4%
21-25
€101k
-13.6%
21-25
€6k
-72.7%
21-25
1.81
+6.1%
21-25
1.81
+6.1%
21-25
48.4%
+15.0%
21-25
1.07
-22.5%
21-25
0.1%
-88.6%
21-25
0.1%
-86.9%
21-25
2.00
-12.9%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €38k | €55k | €100k | €83k | €69k |
| Net profit | €135 | €1k | €22k | €44k | €53k |
| Cash flow | €17k | €29k | €82k | €66k | €59k |
| Staff costs | €62k | €41k | €35k | €67k | €31k |
| Income taxes | €6k | €5k | €7k | €11k | €10k |
| Dividends | - | - | - | - | - |
| Total assets | €209k | €240k | €263k | €258k | €193k |
| Equity | €101k | €101k | €100k | €95k | €74k |
| Debt | €108k | €139k | €163k | €162k | €118k |
| of which ≤ 1y | €101k | €117k | €144k | €120k | €115k |
| of which > 1y | €6k | €21k | €19k | €43k | €3k |
| Working capital | €82k | €83k | €108k | €68k | €67k |
| Employees (FTE) | 1.6 | 1.0 | 1.0 | 1.0 | 1.0 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.81 | 1.71 | 1.75 | 1.57 | 1.59 |
| Quick ratio | 1.81 | 1.71 | 1.75 | 1.57 | 1.59 |
| Working capital ratio | 39.3% | 34.5% | 40.9% | 26.3% | 34.9% |
| Solvency | 48.4% | 42.1% | 37.9% | 37.0% | 38.6% |
| Debt / equity | 1.07 | 1.38 | 1.64 | 1.70 | 1.59 |
| Long-term debt ratio | 0.06 | 0.21 | 0.19 | 0.45 | 0.04 |
| Interest coverage | 2.00 | 2.30 | 6.29 | 7.31 | 15.62 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.1% | 0.5% | 8.4% | 17.1% | 27.4% |
| ROE | 0.1% | 1.2% | 22.2% | 46.3% | 71.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €209k | €240k | €263k | €258k | €193k |
| Fixed assets | 21/28 | €26k | €40k | €12k | €71k | €11k |
| Tangible fixed assets | 22/27 | €15k | €30k | €2k | €60k | €876 |
| Financial fixed assets | 28 | €10k | €10k | €10k | €10k | €10k |
| Current assets | 29/58 | €183k | €200k | €251k | €187k | €182k |
| Amounts receivable within one year | 40/41 | €141k | €189k | €228k | €159k | €174k |
| Cash & bank | 54/58 | €32k | €253 | €15k | €21k | €1k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €209k | €240k | €263k | €258k | €193k |
| Equity | 10/15 | €101k | €101k | €100k | €95k | €74k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €95k | €95k | €93k | €89k | €68k |
| Amounts payable | 17/49 | €108k | €139k | €163k | €162k | €118k |
| Amounts payable after one year | 17 | €6k | €21k | €19k | €43k | €3k |
| Amounts payable within one year | 42/48 | €101k | €117k | €144k | €120k | €115k |
| Trade debts payable within one year | 44 | €29k | €28k | €49k | €30k | €28k |
| Income statement | ||||||
| Gross operating margin | 9900 | €104k | €101k | €157k | €163k | €115k |
| Operating result | 9901 | €21k | €27k | €40k | €61k | €64k |
| Financial income | 75 | €4k | €3k | €5k | €5k | €4k |
| Financial charges | 65 | €19k | €24k | €16k | €11k | €4k |
| Result before taxes | 9903 | €6k | €6k | €29k | €55k | €63k |
| Income taxes | 67/77 | €6k | €5k | €7k | €11k | €10k |
| Net result for the period | 9904 | €135 | €1k | €22k | €44k | €53k |
| Result to be appropriated | 9905 | €135 | €1k | €22k | €44k | €53k |
Legal Structure
| NACE primary | Freight transport by road(49410) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 08-09-2014 |
| Status | Active |
| Postal code | 8790 |
Establishment units
Metino
since 20142.234.344.322
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B1045/00C000 | Flanders | 628 m² | 1 · 160 m² | 6.8 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €135 ▼88.6%
Net result drops to €135, the lowest in the series.
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €100kEq €101k ▲1.2%
4 profitable years in a row build equity to €101k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Freight transport by road49410Other postal and courier activities53200
Names & trade names
| Legal nameNL | Metino |
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