ACTIVE

Metalunion

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Financial year 2025 · Closed on 31/12/2025

Net result2,9 M €+24,8 %over 1 year

Revenue107,3 M €-3,6 %over 1 year

Equity67,5 M €+2,4 %over 1 year

Workforce95,5 ETP-5,3 %over 1 year

Identity

Source · BCE/KBO

Metalunion is a Private limited company incorporated in 1928. Its main activity is: Wholesale of metals and metal ores. Its registered office is in Brugge. It employs on average 95,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.045.618
Incorporation: 09/02/1928
Legal form: Private limited company
Registered office: Pathoekeweg 158
8000 Brugge · FlandreSee on map
Contributed capital: 3 409 825,01 €
Latest accounts: 31/12/2025
Average workforce: 95,5 ETP

Activities (NACE)

46720Wholesale of metals and metal ores· main 46742Wholesale of hardware, plumbing and heating equipment and supplies 46820Wholesale trade, except of motor vehicles and motorcycles 46842Wholesale trade, except of motor vehicles and motorcycles

Joint committees (3)

14904
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	107,3 M €	-3.6%	111,3 M €	-4.7%	116,7 M €	-20.4%	146,6 M €	+16.9%	125,4 M €
EBITDA	4,6 M €	+27.6%	3,6 M €	-31.7%	5,2 M €	-72.0%	18,7 M €	+2.3%	18,2 M €
Operating result	3,2 M €	+37.4%	2,3 M €	-44.1%	4,1 M €	-76.4%	17,5 M €	+4.0%	16,8 M €
Net result	2,9 M €	+24.8%	2,4 M €	-31.4%	3,4 M €	-73.8%	13,1 M €	+3.6%	12,7 M €
Balance sheet
Equity	67,5 M €	+2.4%	65,9 M €	+3.7%	63,6 M €	+5.7%	60,1 M €	+27.9%	47 M €
Total assets	77,2 M €	+2.1%	75,6 M €	+0.8%	75 M €	+2.7%	73,1 M €	+7.1%	68,3 M €
Cash	2,5 M €	-64.5%	7 M €	+57.0%	4,4 M €	-80.0%	22,1 M €	+53.7%	14,4 M €
Debts	9,7 M €	+0.6%	9,6 M €	-15.8%	11,4 M €	-11.6%	12,9 M €	-38.6%	21 M €
Other
Workforce	95,5 ETP	-5.3%	100,8 ETP	+7.1%	94,1 ETP	-8.2%	102,5 ETP	-3.5%	106,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 38 ended

Active mandates

ALAIN TYTGADT

Managing director · since 24 mai 2022 · until 23 mai 2028

Active

Caroline Aelvoet

Director · since 24 mai 2022 · until 23 mai 2028

Active

ERBICO

Director · since 24 mai 2022 · until 23 mai 2028 · 0842.671.860

Represented by Erwin BIL

Active

Ludo Ielegems

Director · since 24 mai 2022 · until 23 mai 2028

Active

Nordine EL Hahaoui

Director · since 24 mai 2022 · until 23 mai 2028

Active

PAISA

Director · since 24 mai 2022 · until 23 mai 2028 · 0449.299.941

Represented by Bruno RADEMAN

Active

RENAUD CALLEBAUT

Director · since 24 mai 2022 · until 23 mai 2028

Active

Virginie Tytgadt

Director · since 24 mai 2022 · until 23 mai 2028

Active

Ended mandates

THIERRY TYTGADT

Director · since 16 novembre 2023 · until 22 mai 2029

Ended

ERBICO

Director · since 24 mai 2022 · until 23 mai 2028 · 0842.671.860

Represented by Erwin Bil

Ended

ERBICO

Director · since 24 mai 2022 · until 23 mai 2028 · 0842.671.860

Represented by Erwin BIL

Ended

LUDO LELEGEMS

Director · since 24 mai 2022 · until 23 mai 2028

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/05/2026	03/06/2025	03/06/2024	02/06/2023	25/05/2022	28/05/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	23/05/2023	24/05/2022	25/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	28/05/2026	Dutch	PDF
Full model	31/12/2024	27/05/2025	03/06/2025	Dutch	PDF
Full model	31/12/2023	28/05/2024	03/06/2024	Dutch	PDF
Full model	31/12/2022	23/05/2023	02/06/2023	Dutch	PDF
Full model	31/12/2021	24/05/2022	25/05/2022	Dutch	PDF
Full model	31/12/2020	25/05/2021	28/05/2021	Dutch	PDF
Full model	31/12/2019	23/07/2020	28/07/2020	Dutch	PDF
Full model	31/12/2018	28/05/2019	06/06/2019	Dutch	PDF
Full modelCorrection	31/12/2017	22/05/2018	18/06/2018	Dutch	PDF
Full model	31/12/2017	22/05/2018	04/06/2018	Dutch	PDF
Full model	31/12/2016	23/05/2017	06/06/2017	Dutch	PDF
Full model	31/12/2015	24/05/2016	09/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	01/06/2015	Dutch	PDF
Full model	31/12/2013	27/05/2014	11/06/2014	Dutch	PDF
Full model	31/12/2012	28/05/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	22/05/2012	05/06/2012	Dutch	PDF
Full model	31/12/2010	24/05/2011	06/06/2011	Dutch	PDF
Full model	31/12/2009	25/05/2010	08/06/2010	Dutch	PDF
Full model	31/12/2008	26/05/2009	18/06/2009	Dutch	PDF
Full model	31/12/2007	27/05/2008	25/06/2008	Dutch	PDF
Full model	31/12/2006	22/05/2007	19/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 38 ended

Active mandates

ALAIN TYTGADT

Managing director · since 24 mai 2022 · until 23 mai 2028

Active

Caroline Aelvoet

Director · since 24 mai 2022 · until 23 mai 2028

Active

ERBICO

Director · since 24 mai 2022 · until 23 mai 2028 · 0842.671.860

Represented by Erwin BIL

Active

Ludo Ielegems

Director · since 24 mai 2022 · until 23 mai 2028

Active

Nordine EL Hahaoui

Director · since 24 mai 2022 · until 23 mai 2028

Active

PAISA

Director · since 24 mai 2022 · until 23 mai 2028 · 0449.299.941

Represented by Bruno RADEMAN

Active

RENAUD CALLEBAUT

Director · since 24 mai 2022 · until 23 mai 2028

Active

Virginie Tytgadt

Director · since 24 mai 2022 · until 23 mai 2028

Active

Ended mandates

THIERRY TYTGADT

Director · since 16 novembre 2023 · until 22 mai 2029

Ended

ERBICO

Director · since 24 mai 2022 · until 23 mai 2028 · 0842.671.860

Represented by Erwin Bil

Ended

ERBICO

Director · since 24 mai 2022 · until 23 mai 2028 · 0842.671.860

Represented by Erwin BIL

Ended

LUDO LELEGEMS

Director · since 24 mai 2022 · until 23 mai 2028

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2016
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 20252,9 M €↑
27/05/2025
nominationBV A & C - Bedrijfsrevisor — commissaris
2024
Annual accounts 20242,4 M €↓
2023
Annual accounts 20233,4 M €↓
2022
Annual accounts 202213,1 M €↑
24/05/2022
nominationAlain Tytgadt — bestuurder
24/05/2022
nominationErwin Bil — bestuurder
24/05/2022
nominationNordine El Hahaoul — bestuurder
24/05/2022
nominationThierry Tytgadt — bestuurder
24/05/2022
nominationRenaud Callebaut — extern bestuurder
24/05/2022
nominationBruno Rademan — extern bestuurder
24/05/2022
nominationLudo lelegems — extern bestuurder
24/05/2022
nominationVirginie Tytgadt — extern bestuurder
24/05/2022
nominationCaroline Aelvoet — extern bestuurder
24/05/2022
nominationBert De Clercq — commissaris
2021
Annual accounts 202112,7 M €↑
2020
Annual accounts 20202,9 M €↑
2019
Annual accounts 20191,3 M €↑
2018
Annual accounts 20181,1 M €↓
2017
Annual accounts 20171,9 M €↑
2016
Annual accounts 2016819,7 k €↑
2015
Annual accounts 2015235,6 k €↑
2014
Annual accounts 2014170 k €↑
2013
Annual accounts 2013133,2 k €↓
2012
Annual accounts 2012904,2 k €↓
2011
Annual accounts 20111,1 M €↓
2010
Annual accounts 20101,8 M €↓
2009
Annual accounts 20091,9 M €↓
2008
Annual accounts 20082 M €↓
2007
Annual accounts 20072,2 M €↓
2006
Annual accounts 20062,4 M €
09/02/1928
IncorporationPrivate limited company

Metalunion

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline