AB Menuiserie
ActiveSummary
AB Menuiserie has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-2
Solvency36▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.36 in 2023; short-term debt: 82.2% and cash: 38.6% of total assets), and 88.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.4%
Return on assets
11.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
56 d late
2022
19 d early
2021
31 d late
2020
97 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€19k
2023 · €-771
2020: €-2k
2021: €-2k
2022: €-10k
2023: €-771
2020 → 2024
Total assets
€164k▲ 160%
2023 · €63k
2020: €22k
2021: €22k
2022: €22k
2023: €63k
2020 → 2024
Net result
€19k▲ 119%
2023 · €9k
2020: €-2k
2021: €-345
2022: €-7k
2023: €9k
2020 → 2024
Working capital
€616
2023 · €-41k
2020: €-16k
2021: €-14k
2022: €-24k
2023: €-41k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-2k-€-2k▼ 17.9%€-10k▼ 324%€-771▲ 92.0%€19k
Operating result€-2k-€614€-7k€9k€20k▲ 114%
Net result€-2k-€-345▲ 82.1%€-7k▼ 2,030%€9k€19k▲ 119%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 114% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €164k
Fixed assets
€29k ▼ 28.3%
Current assets
€135k ▲ 487%
Equity and liabilities €164k
Equity
€19k
Debt
€145k
Debt finances 88.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€35k▲
2023 · €13k
Cash flow
€34k▲
2023 · €13k
Current ratio
1.00▲
2023 · 0.36
Debt to equity
7.79
ROE
104.1%
ROA
11.8%▼
2023 · 14.1%
Interest coverage
306.19▲
2023 · 53.36
Debt ≤ 1 year
€135k▲
2023 · €64k
Staff costs
€60k▲
2023 · €269
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€63k€164k▲
Fixed assets21/28€40k€29k▼
Tangible fixed assets22/27€40k€29k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€40k€25k▼
Current assets29/58€23k€135k▲
Amounts receivable within one year40/41€17k€72k▲
Trade receivables40€17k€72k▲
Other amounts receivable41€234-
Cash at bank and in hand54/58€5k€63k▲
Deferred charges and accrued income490/1€1k€341▼
Equity and liabilities
Total equity and liabilities10/49€63k€164k▲
Equity10/15€-771€19k▲
Profit (loss) carried forward14€-771€19k▲
Amounts payable17/49€64k€145k▲
Amounts payable within one year42/48€64k€135k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Advances received on contracts in progress46-€68k
Taxes, remuneration and social security45-€20k
Taxes450/3-€17k
Remuneration and social security454/9-€3k
Other amounts payable47/48€60k€38k▼
Accrued charges and deferred income492/3-€11k
Income statement
Code20232024
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€269€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€15k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€16k€98k▲
Operating profit (loss)9901€9k€20k▲
Financial income75/76B€10-
Recurring financial income75€10-
Financial charges65/66B€252€113▼
Recurring financial charges65€252€113▼
Profit (loss) for the period before taxes9903€9k€19k▲
Profit (loss) for the period9904€9k€19k▲
Profit (loss) for the period to be appropriated9905€9k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-771€19k▲
Profit (loss) brought forward from the previous period14P€-10k€-771▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Highest result since 2020net €19k ▲119%
Operating result €20k, net result €19k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.00
Current ratio from 0.36 to 1.00.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 97 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Basse Préalle 474040 HerstalGround area
53 m²
Building footprint
54 m²
Volume, LiDAR
374 m³
Parcel 62313E1155/00T005, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AB Menuiserie
since 20232.354.130.810
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62313E1155/00T005 | Wallonia | 53 m² | 1 · 54 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
HAPPY CARWASH
BE 0753.615.467
Oostende · Eq €18,724
AUTOMOTIVE CAR DETAILING
BE 0678.397.907
Zonhoven · Eq €18,454
Akhonzada
BE 0801.892.169
Sint-Niklaas · Eq €18,409
OZKA SERVICES
BE 0634.889.051
Oupeye · Eq €18,163
To Wash @ Gent Selfwash
BE 0752.774.537
Geraardsbergen · Eq €18,126
Of 3,209 companies in sector 95316 we hold annual accounts for 752. 528 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
95316Washing and cleaning of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.