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Active
BE 0435.937.004Coöperatieve vennootschap met beperkte aansprakelijkheid
Architecte Moulin: Architectures et Expertises
Rue du Gros Buisson(BLA) 3 ·7040 Quévy, Belgium· 37 yrs active
Sector: Activities of building architects
(71111)
Conclusion
Architecte Moulin: Architectures et Expertises has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €2k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 90% of 11618 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €85k |
| Net result | €2k |
| Better than sector | 90% |
| Active | 37 yrs |
Financial profile
81
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
35
Solvency
100
Growth
68
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1988, 37 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
100
/ 100
Excellent
Computed from 6 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
€5k
estimate, not credit advice
Score history
86
2021
86
2022
94
2023
100
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 9.67 (≥ 1.5)
+10
Quick ratio
Quick ratio 8.69 (≥ 1.0)
+5
Leverage
Debt/equity 0.11 (< 1.0)
+10
Profitability
ROE 2%
+3
EBITDA margin
EBITDA-marge 10% (≥ 10%)
+8
Interest coverage
Interest coverage 38.4× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 15-10-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 4 fiscal years (±2.2%/year).
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 2024 · NACE 71, Architectural and engineering activities; technical testing and analysis · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 89.9% | 54.7% | |
| Net result | €2k | €15k | |
| Equity | €85k | €67k | |
| Gross operating margin | €7k | €40k | |
| Total assets | €94k | €141k |
€50k
+27.0%
21-24
€5k
+15.7%
21-24
€2k
+49.0%
21-24
€4k
+4.1%
21-24
€94k
+8.9%
21-24
€85k
+2.2%
21-24
€82k
+4.7%
21-24
€1k
+104.5%
21-24
€9k
+164.9%
21-24
€9k
+164.9%
21-24
9.67
-57.8%
21-24
8.69
-60.1%
21-24
89.9%
-6.2%
21-24
0.11
+159.3%
21-24
2.1%
+45.8%
21-24
1.9%
+36.8%
21-24
3.6%
+17.3%
21-24
10.4%
-8.9%
21-24
38.38
+120.7%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | €50k | €39k | - | - |
| EBITDA | €5k | €4k | €3k | €11k |
| Net profit | €2k | €1k | €2k | €6k |
| Cash flow | €4k | €4k | €4k | €8k |
| Staff costs | - | - | - | - |
| Income taxes | €1k | €651 | €-1k | €3k |
| Dividends | - | - | - | - |
| Total assets | €94k | €86k | €89k | €85k |
| Equity | €85k | €83k | €82k | €79k |
| Debt | €9k | €4k | €7k | €5k |
| of which ≤ 1y | €9k | €4k | €7k | €5k |
| of which > 1y | - | - | - | - |
| Working capital | €82k | €78k | €76k | €75k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 9.67 | 22.94 | 11.39 | 14.93 |
| Quick ratio | 8.69 | 21.75 | 10.83 | 14.04 |
| Working capital ratio | 87.4% | 90.9% | 85.0% | 88.5% |
| Solvency | 89.9% | 95.9% | 91.8% | 93.6% |
| Debt / equity | 0.11 | 0.04 | 0.09 | 0.07 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 38.38 | 17.39 | 28.24 | 84.10 |
| Gross margin | 13.8% | 13.0% | - | - |
| Net margin | 3.6% | 3.1% | - | - |
| ROA | 1.9% | 1.4% | 2.7% | 7.5% |
| ROE | 2.1% | 1.5% | 3.0% | 8.0% |
| EBITDA margin | 10.4% | 11.4% | - | - |
| Days sales outstanding | 36d | 86d | - | - |
| Days payable outstanding | 48d | 31d | - | - |
| Inventory turnover | 4.59 | 8.02 | - | - |
| Days inventory (DSI) | 80d | 46d | - | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €94k | €86k | €89k | €85k |
| Fixed assets | 21/28 | €2k | €4k | €6k | €4k |
| Tangible fixed assets | 22/27 | €2k | €4k | €6k | €4k |
| Current assets | 29/58 | €92k | €82k | €83k | €80k |
| Stocks & contracts in progress | 3 | €9k | €4k | €4k | €5k |
| Amounts receivable within one year | 40/41 | €77k | €71k | €69k | €63k |
| Cash & bank | 54/58 | €2k | €5k | €8k | €13k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €94k | €86k | €89k | €85k |
| Equity | 10/15 | €85k | €83k | €82k | €79k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €66k | €64k | €63k | €60k |
| Accumulated profits (losses) | 14 | €366 | €365 | €156 | €216 |
| Amounts payable | 17/49 | €9k | €4k | €7k | €5k |
| Amounts payable within one year | 42/48 | €9k | €4k | €7k | €5k |
| Trade debts payable within one year | 44 | €6k | €3k | €3k | €4k |
| Income statement | |||||
| Turnover | 70 | €50k | €39k | - | - |
| Gross operating margin | 9900 | €7k | €5k | €4k | €13k |
| Operating result | 9901 | €3k | €2k | €1k | €10k |
| Financial income | 75 | €0 | €0 | - | €86 |
| Financial charges | 65 | €135 | €257 | €118 | €136 |
| Result before taxes | 9903 | €3k | €2k | €1k | €10k |
| Income taxes | 67/77 | €1k | €651 | €-1k | €3k |
| Net result for the period | 9904 | €2k | €1k | €2k | €6k |
| Result to be appropriated | 9905 | €2k | €1k | €2k | €6k |
Legal Structure
| NACE primary | Activities of building architects(71111) |
| Legal form | Coöperatieve vennootschap met beperkte aansprakelijkheid(008) |
| Incorporation | 09-12-1988 |
| Status | Active |
| Postal code | 7040 |
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53011A0471/00N000 | Wallonia | 1,425 m² | 1 · 249 m² | 8.8 m · 2 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
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Weakest financial yearnet €1k ▼50.5%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 22.94
Current ratio from 11.39 to 22.94; short-term debt falls from €7k to €4k.
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 91 days late
2017
18-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 79 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 122 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 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Activities of building architects71111Photography, excluding press photography74201
Names & trade names
| Legal nameFR | Architecte Moulin: Architectures et Expertises |
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