CONCEPT MENUISERIE
ActiveSummary
CONCEPT MENUISERIE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €10k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-14
Solvency66▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 3.18 in 2024; short-term debt: 57.2% and cash: 1.3% of total assets), and 58.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
41.2%
Return on assets
10.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 10 filingsDeviation from the deadline
2025
18 d late
2024
11 d late
2023
20 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
84 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 35.5%
2024 · €29k
Total assets
€94k▲ 82.5%
2024 · €51k
Net result
€10k▼ 9.9%
2024 · €11k
Working capital
€25k▼ 26.7%
2024 · €34k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5k▼ 46.1%€2k▼ 61.4%€6k▲ 199%€16k▲ 178%€15k▼ 9.0%
Net result€4k▼ 46.0%€131▼ 96.3%€4k▲ 2,871%€11k▲ 189%€10k▼ 9.9%
Equity€13k▲ 36.0%€13k▲ 1.0%€17k▲ 29.0%€29k▲ 64.9%€39k▲ 35.5%
Total assets€53k▼ 3.4%€42k▼ 20.2%€62k▲ 46.1%€51k▼ 16.8%€94k▲ 82.5%
Debt€40k▼ 11.9%€29k▼ 27.3%€45k▲ 54.0%€23k▼ 48.6%€55k▲ 141%
Working capital€13k▼ 4.5%€13k▲ 2.0%€29k▲ 124%€34k▲ 16.4%€25k▼ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€15k ▲ 629%
Current assets
€79k ▲ 59.1%
Equity and liabilities €94k
Equity
€39k ▲ 35.5%
Debt
€55k ▲ 141%
Debt's share of the balance-sheet total rises from 44.5% to 58.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▼
2024 · €19k
Cash flow
€13k▼
2024 · €13k
Current ratio
1.46▼
2024 · 3.18
Debt to equity
1.43▲
2024 · 0.80
ROE
26.2%▼
2024 · 39.4%
ROA
10.8%▼
2024 · 21.9%
Interest coverage
8.67▼
2024 · 8.92
Debt ≤ 1 year
€54k▲
2024 · €16k
Debt > 1 year
€1k▼
2024 · €7k
Income taxes
€4k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2k | €2k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €126 | €1k | €2k | €3k | ▲ 27.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3k | - | - | - | - |
| Other operating charges640/8 | €468 | €329 | €423 | €845 | €2k | ▲ 125% |
| Non-recurring operating charges66A | - | - | - | - | €1k | - |
| Gross operating margin9900 | €12k | €7k | €8k | €19k | €21k | ▲ 7.8% |
| Operating profit (loss)9901 | €5k | €2k | €6k | €16k | €15k | ▼ 9.0% |
| Financial income75/76B | - | €3 | €11 | €4 | €1k | ▲ 25,320% |
| Recurring financial income75 | - | €3 | €11 | €4 | €1k | ▲ 25,320% |
| Financial charges65/66B | €2k | €2k | €2k | €2k | €2k | ▼ 2.1% |
| Recurring financial charges65 | €2k | €2k | €2k | €2k | €2k | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | €4k | €131 | €4k | €14k | €14k | ▼ 2.5% |
| Income taxes67/77 | - | - | €123 | €3k | €4k | ▲ 24.1% |
| Profit (loss) for the period9904 | €4k | €131 | €4k | €11k | €10k | ▼ 9.9% |
| Profit (loss) for the period to be appropriated9905 | €4k | €131 | €4k | €11k | €10k | ▼ 9.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53k | €42k | €62k | €51k | €94k | ▲ 82.5% |
| Fixed assets21/28 | €594 | €468 | €2k | €2k | €15k | ▲ 629% |
| Tangible fixed assets22/27 | €552 | €426 | €2k | €2k | €15k | ▲ 642% |
| Furniture and vehicles24 | €552 | €426 | €2k | €2k | €15k | ▲ 642% |
| Financial fixed assets28 | €42 | €42 | €42 | €42 | €42 | = |
| Current assets29/58 | €52k | €42k | €60k | €49k | €79k | ▲ 59.1% |
| Stocks and contracts in progress3 | - | - | - | €12k | - | - |
| Stocks30/36 | - | - | - | €12k | - | - |
| Amounts receivable within one year40/41 | €52k | €41k | €60k | €34k | €77k | ▲ 127% |
| Trade receivables40 | €50k | €20k | €58k | €31k | €53k | ▲ 67.6% |
| Other amounts receivable41 | €2k | €21k | €2k | €2k | €24k | ▲ 884% |
| Cash at bank and in hand54/58 | - | €298 | €1 | €3k | €1k | ▼ 56.3% |
| Deferred charges and accrued income490/1 | €273 | €366 | €105 | €628 | €608 | ▼ 3.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53k | €42k | €62k | €51k | €94k | ▲ 82.5% |
| Equity10/15 | €13k | €13k | €17k | €29k | €39k | ▲ 35.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Uncalled capital101 | €12k | - | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €5k | €5k | €9k | €21k | €31k | ▲ 49.4% |
| Amounts payable17/49 | €40k | €29k | €45k | €23k | €55k | ▲ 141% |
| Amounts payable after more than one year17 | - | - | €13k | €7k | €1k | ▼ 85.7% |
| Financial debts170/4 | - | - | €13k | €7k | €1k | ▼ 85.7% |
| Amounts payable within one year42/48 | €40k | €29k | €31k | €16k | €54k | ▲ 246% |
| Current portion of amounts payable after more than one year42 | €8k | €25k | €6k | €6k | €6k | ▲ 2.9% |
| Financial debts43 | €7k | €1k | €3k | - | - | - |
| Credit institutions430/8 | €7k | €1k | €3k | - | - | - |
| Trade debts44 | €25k | €2k | €20k | €2k | €41k | ▲ 2,211% |
| Suppliers440/4 | €25k | €2k | €20k | €2k | €41k | ▲ 2,211% |
| Taxes, remuneration and social security45 | - | - | €123 | €7k | €6k | ▼ 13.4% |
| Taxes450/3 | - | - | €123 | €7k | €6k | ▼ 13.4% |
| Other amounts payable47/48 | €7 | €0 | €1k | €366 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €420 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €131 | €4k | €11k | €10k | ▼ 9.9% |
| + Depreciation and write-downs630 | €4k | €126 | €1k | €2k | €3k | ▲ 27.2% |
| Operating cash flow (approximation) | €8k | €257 | €5k | €13k | €13k | ▼ 4.1% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €-2k | €-16k | ▼ 550% |
| Change in cash | - | - | €-297 | €3k | €-2k | ▼ 156% |
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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Highest result since 2018net €11k ▲189%
Operating result €16k, net result €11k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
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
4 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, Silly · 1 establishment unit since 2007
Ground area
164 m²
Building footprint
79 m²
Volume, LiDAR
683 m³
Parcel 55021A0116/00S002, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CONCEPT MENUISERIE
since 20072.164.676.150
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55021A0116/00S002 | Wallonia | 164 m² | 1 · 79 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
WERCO CORTHOUTS WERNER
BE 0802.699.249
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MENUISERIE ANSIAUX FABRICE
BE 0885.957.022
Estinnes · Eq €38,640
RONDELEZ
BE 0748.994.606
Moorslede · Eq €38,811
SCHRIJNWERKERIJ DECRAEMER GEBROEDERS
BE 0442.397.303
Nieuwpoort · Eq €38,308
NICMAT
BE 0676.517.194
Merchtem · Eq €38,259
Of 1,599 companies in sector 16230 we hold annual accounts for 784. 543 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
Scores and ratios are computed by Checked and are not a credit decision.