BMT MENUISERIE
ActiveSummary
BMT MENUISERIE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416,370 and a net result of €153,036. Equity is growing by ~41.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+4
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 5.45 against 3.42 in 2024; short-term debt: 15.7% and cash: 7.6% of total assets), and 22.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.6%
Return on assets
28.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-02-2026, 157 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
157 d early
2024
63 d early
2023
156 d early
2022
122 d early
2021
153 d early
2020
106 d early
2019
70 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 118 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 February (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#3 company by equity in Limbourg, Construction sector#5 company by total assets in Limbourg, Construction sector
Turnover
€949,332
EBIT margin
22.3%
Net result
€153,036▲ 81.0%
2024 · €84,567
Working capital
€374,653▲ 87.2%
2024 · €200,150
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€949,332
Operating result€55,020▲ 222%€127,306▲ 131%€86,977▼ 31.7%€103,821▲ 19.4%€212,040▲ 104%
Net result€40,428above the sector's middle half▲ 233%€90,724above the sector's middle half▲ 124%€67,084above the sector's middle half▼ 26.1%€84,567above the sector's middle half▲ 26.1%€153,036above the sector's middle half▲ 81.0%
EBIT margin22.3%
Equity€105,276within the sector's middle half▲ 65.6%€199,048above the sector's middle half▲ 89.1%€204,127above the sector's middle half▲ 2.6%€263,334above the sector's middle half▲ 29.0%€416,370above the sector's middle half▲ 58.1%
Total assets€266,707within the sector's middle half▲ 50.7%€316,626above the sector's middle half▲ 18.7%€330,942above the sector's middle half▲ 4.5%€386,191above the sector's middle half▲ 16.7%€536,790above the sector's middle half▲ 39.0%
Debt€161,432▲ 42.4%€117,579▼ 27.2%€126,815▲ 7.9%€122,856▼ 3.1%€120,420▼ 2.0%
Working capital€95,651above the sector's middle half▲ 181%€134,528above the sector's middle half▲ 40.6%€133,019above the sector's middle half▼ 1.1%€200,150above the sector's middle half▲ 50.5%€374,653above the sector's middle half▲ 87.2%
Solvency39.5%within the sector's middle half▲ 3.5pp62.9%within the sector's middle half▲ 23.4pp61.7%within the sector's middle half▼ 1.2pp68.2%within the sector's middle half▲ 6.5pp77.6%above the sector's middle half▲ 9.4pp
Current ratio2.09within the sector's middle half▲ 0.522.87within the sector's middle half▲ 0.792.97within the sector's middle half▲ 0.103.42above the sector's middle half▲ 0.445.45above the sector's middle half▲ 2.03
Return on assets (ROA)15.2%within the sector's middle half▲ 8.3pp28.7%above the sector's middle half▲ 13.5pp20.3%above the sector's middle half▼ 8.4pp21.9%above the sector's middle half▲ 1.6pp28.5%above the sector's middle half▲ 6.6pp
Staff (FTE)2.12▼ 4.8%2.1▲ 5.0%3.1▲ 47.6%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 104% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €536,790
Fixed assets
€78,020 ▼ 24.5%
Current assets
€458,770 ▲ 62.2%
Equity and liabilities €536,790
Equity
€416,370 ▲ 58.1%
Debt
€120,420 ▼ 2.0%
Debt's share of the balance-sheet total falls from 31.8% to 22.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€245,405▲
2024 · €138,212
Cash flow
€186,400▲
2024 · €118,959
Quick ratio
4.85▲
2024 · 2.86
Debt to equity
0.29▼
2024 · 0.47
ROE
36.8%▲
2024 · 32.1%
Interest coverage
145.56▲
2024 · 59.37
Debt ≤ 1 year
€84,117▲
2024 · €82,730
Debt > 1 year
€18,803▼
2024 · €35,679
Income taxes
€61,594▲
2024 · €18,399
Staff costs
€165,729▲
2024 · €112,559
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €949,332 | - |
| Non-recurring operating income76A | - | - | - | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €579,920 | - |
| Remuneration, social security and pensions62 | - | €89,832 | €98,541 | €112,559 | €165,729 | ▲ 47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,425 | €20,133 | €34,487 | €34,391 | €33,364 | ▼ 3.0% |
| Other operating charges640/8 | - | €723 | €898 | €556 | €779 | ▲ 40.3% |
| Gross operating margin9900 | €127,642 | €237,994 | €220,902 | €251,326 | €411,913 | ▲ 63.9% |
| Operating profit (loss)9901 | €55,020 | €127,306 | €86,977 | €103,821 | €212,040 | ▲ 104% |
| Financial income75/76B | - | €539 | €400 | €1,474 | €4,275 | ▲ 190% |
| Recurring financial income75 | €1,021 | €539 | €400 | €1,474 | €4,275 | ▲ 190% |
| Financial charges65/66B | - | €1,749 | €2,493 | €2,328 | €1,686 | ▼ 27.6% |
| Recurring financial charges65 | €1,909 | €1,749 | €2,493 | €2,328 | €1,686 | ▼ 27.6% |
| Profit (loss) for the period before taxes9903 | €54,132 | €126,095 | €84,884 | €102,966 | €214,630 | ▲ 108% |
| Income taxes67/77 | €13,705 | €35,372 | €17,800 | €18,399 | €61,594 | ▲ 235% |
| Profit (loss) for the period9904 | €40,428 | €90,724 | €67,084 | €84,567 | €153,036 | ▲ 81.0% |
| Profit (loss) for the period to be appropriated9905 | €40,428 | €90,724 | €67,084 | €84,567 | €153,036 | ▲ 81.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €266,707 | €316,626 | €330,942 | €386,191 | €536,790 | ▲ 39.0% |
| Fixed assets21/28 | €82,972 | €110,219 | €130,564 | €103,311 | €78,020 | ▼ 24.5% |
| Intangible fixed assets21 | - | €3,808 | €3,561 | €2,584 | €1,607 | ▼ 37.8% |
| Tangible fixed assets22/27 | €82,972 | €104,761 | €125,354 | €99,077 | €74,763 | ▼ 24.5% |
| Plant, machinery and equipment23 | - | €73,515 | €62,399 | €57,235 | €44,180 | ▼ 22.8% |
| Furniture and vehicles24 | - | €31,069 | €24,284 | €12,178 | €9,926 | ▼ 18.5% |
| Leasing and similar rights25 | - | - | €38,671 | €29,664 | €20,656 | ▼ 30.4% |
| Other tangible fixed assets26 | - | €177 | €0 | - | - | - |
| Financial fixed assets28 | €0 | €1,650 | €1,650 | €1,650 | €1,650 | = |
| Current assets29/58 | €183,735 | €206,407 | €200,377 | €282,880 | €458,770 | ▲ 62.2% |
| Amounts receivable after more than one year29 | - | - | - | - | €244,225 | - |
| Other amounts receivable291 | - | - | - | - | €244,225 | - |
| Stocks and contracts in progress3 | €30,065 | €31,382 | €33,948 | €46,495 | €51,155 | ▲ 10.0% |
| Stocks30/36 | - | €31,382 | €33,948 | €46,495 | €51,155 | ▲ 10.0% |
| Amounts receivable within one year40/41 | €70,857 | €30,290 | €109,225 | €34,968 | €111,257 | ▲ 218% |
| Trade receivables40 | - | €30,290 | €100,355 | €34,695 | €111,072 | ▲ 220% |
| Other amounts receivable41 | - | €0 | €8,869 | €273 | €185 | ▼ 32.2% |
| Current investments50/53 | - | - | - | €100,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €81,848 | €140,446 | €45,366 | €93,516 | €40,583 | ▼ 56.6% |
| Deferred charges and accrued income490/1 | - | €4,289 | €11,838 | €7,900 | €11,551 | ▲ 46.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €266,707 | €316,626 | €330,942 | €386,191 | €536,790 | ▲ 39.0% |
| Equity10/15 | €105,276 | €199,048 | €204,127 | €263,334 | €416,370 | ▲ 58.1% |
| Contributions10/11 | - | €31,000 | €31,000 | €31,000 | €31,000 | = |
| Reserves13 | €73,016 | €166,788 | €172,047 | €147,047 | €300,083 | ▲ 104% |
| Non-distributable reserves130/1 | - | €3,100 | €3,100 | €0 | - | - |
| Reserves not available under the articles1311 | - | €3,100 | €3,100 | €0 | - | - |
| Distributable reserves133 | - | €163,688 | €168,947 | €147,047 | €300,083 | ▲ 104% |
| Profit (loss) carried forward14 | - | - | €0 | €84,567 | €84,567 | = |
| Investment grants15 | - | €1,260 | €1,080 | €720 | €720 | = |
| Amounts payable17/49 | €161,432 | €117,579 | €126,815 | €122,856 | €120,420 | ▼ 2.0% |
| Amounts payable after more than one year17 | €61,933 | €45,699 | €59,457 | €35,679 | €18,803 | ▼ 47.3% |
| Financial debts170/4 | - | €45,699 | €59,457 | €35,679 | €18,803 | ▼ 47.3% |
| Amounts payable within one year42/48 | €88,084 | €71,879 | €67,358 | €82,730 | €84,117 | ▲ 1.7% |
| Current portion of amounts payable after more than one year42 | - | €16,234 | €25,330 | €23,777 | €16,876 | ▼ 29.0% |
| Trade debts44 | €17,116 | €10,389 | €23,593 | €11,462 | €27,919 | ▲ 144% |
| Suppliers440/4 | - | €10,389 | €23,593 | €11,462 | €27,919 | ▲ 144% |
| Taxes, remuneration and social security45 | - | €45,256 | €18,436 | €20,407 | €37,237 | ▲ 82.5% |
| Taxes450/3 | - | €33,684 | €6,000 | €7,399 | €27,792 | ▲ 276% |
| Remuneration and social security454/9 | - | €11,572 | €12,436 | €13,008 | €9,445 | ▼ 27.4% |
| Other amounts payable47/48 | - | €0 | - | €27,084 | €2,084 | ▼ 92.3% |
| Accrued charges and deferred income492/3 | - | €0 | - | €4,447 | €17,500 | ▲ 294% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,428 | €90,724 | €67,084 | €84,567 | €153,036 | ▲ 81.0% |
| + Depreciation and write-downs630 | €24,425 | €20,133 | €34,487 | €34,391 | €33,364 | ▼ 3.0% |
| Operating cash flow (approximation) | €64,852 | €110,857 | €101,570 | €118,959 | €186,400 | ▲ 56.7% |
| Investment in fixed assets (approximation) | - | -€47,380 | -€54,832 | -€7,137 | -€8,073 | ▼ 13.1% |
| Change in cash | - | €58,598 | -€95,080 | €48,150 | -€52,933 | ▼ 210% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €153,036 ▲81%
Operating result €212,040, net result €153,036, both a record.
29-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200,000Eq €204,127 ▲2.6%
5 profitable years in a row build equity to €204,127.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €199,048 ▲89.1%
4 profitable years in a row build equity to €199,048.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €105,276 ▲65.6%
3 profitable years in a row build equity to €105,276.
16-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €14,055
Net result €14,055 after one loss-making year.
Show earlier events
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Limbourg · 1 establishment unit since 2016
Ground area
1,402 m²
Building footprint
124 m²
Volume, LiDAR
773 m³
2 parcels, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BMT Menuiserie
since 20162.251.597.157
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63009A0189/00E000 | Wallonia | 767 m² | 1 · 123 m² | 8.6 m · 2 fl. |
| 63084A0061/00A008 | Wallonia | 634 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,017 companies in this sector we hold annual accounts for 9,142. 6,314 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded27-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail
bmtmenuiserie@gmail.com
E-mail
vincent.magermans@sdcompta.be
Phone
0032472777461
Phone
0032474981163Welkenraedt
E-invoicing
Reachable via Peppol
Peppol ID
0208:0649447959
Registered
10-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.