ACTIVE

ON TIME METALWORKS

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Financial year 2025 · Closed on 31/12/2025

Net result31,2 k €+954,8 %over 1 year
Gross margin646,1 k €+29,6 %over 1 year
Equity734,7 k €-8,6 %over 1 year
Workforce5,0 ETP+56,2 %over 1 year

Identity

Source · BCE/KBO

ON TIME METALWORKS is a Private limited company incorporated in 2019. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Hasselt. It employs on average 5,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0727.728.642
Incorporation
04/06/2019
Legal form
Private limited company
Registered office
Casterstraat 70 box 2
3500 Hasselt · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Joint committees (2)
  • 11115
  • 209
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin646,1 k €498,5 k €467,1 k €432,5 k €323,2 k €
EBITDA345,5 k €320,4 k €388,6 k €404,1 k €319,4 k €
Operating result87,3 k €51,6 k €162,4 k €323,8 k €264,1 k €
Net result31,2 k €3 k €94,3 k €309 k €223,2 k €
Balance sheet
Equity734,7 k €803,5 k €800,6 k €706,3 k €397,3 k €
Total assets1,9 M €2,1 M €2,2 M €2,1 M €796 k €
Cash67,9 k €38,6 k €39,5 k €98,1 k €157,7 k €
Debts1,2 M €1,3 M €1,4 M €1,4 M €398,7 k €
Other
Workforce5,0 ETP3,2 ETP2,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

PHILIP BARET

Director · since 29 mai 2019

Active
STIJN VANSTRAELEN

Director · since 29 mai 2019

Active

Ended mandates

Philip Baret

Director

Ended
Stijn Vanstraelen

Director

Ended

Other companies at this address

Casterstraat 70 3500 Hasselt
CompanyCBE no.
Dr. E. Macken● Active
0668.791.145
Philippe Renier Advocaat● Active
0834.787.740
Vereniging van Mede-eigenaars van de residentie Parnassos te Hasselt, Casterstraat 70● Active
0810.712.835
V.J. RACING TEAM● Active
0439.413.562

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202104/06/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months19 months
Filing date29/05/202618/07/202530/07/202429/08/202330/08/202230/06/2021
General meeting11/05/202627/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/05/202629/05/2026DutchPDF
Abridged model31/12/202427/06/202518/07/2025DutchPDF
Abridged model31/12/202328/06/202430/07/2024DutchPDF
Micro model31/12/202230/06/202329/08/2023DutchPDF
Micro model31/12/202124/06/202230/08/2022DutchPDF
Micro model31/12/202025/06/202130/06/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

2 active · 2 ended

Active mandates

PHILIP BARET

Director · since 29 mai 2019

Active
STIJN VANSTRAELEN

Director · since 29 mai 2019

Active

Ended mandates

Philip Baret

Director

Ended
Stijn Vanstraelen

Director

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office19/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/06/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202531,2 k €↑
  2. 2024
    Annual accounts 20243 k €↓
  3. 2023
    Annual accounts 202394,3 k €↓
  4. 2022
    Annual accounts 2022309 k €↑
  5. 2021
    Annual accounts 2021223,2 k €↑
  6. 2020
    Annual accounts 2020149,2 k €
  7. 04/06/2019
    IncorporationPrivate limited company