E & E FINISHING
ActiveSummary
E & E FINISHING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409,260 and a net result of €40,428. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 82% of 409 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+1
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 5.18 against 4.12 in 2024; short-term debt: 11.7% and cash: 34.8% of total assets), and 23.3% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% 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
76.7%
Return on assets
7.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
52 d early
2023
50 d early
2022
49 d early
2021
48 d early
2020
51 d early
2019
45 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 49 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 12 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€427,015
EBIT margin
7.7%
Net result
€40,428▲ 17.0%
2024 · €34,559
Working capital
€260,390▲ 26.8%
2024 · €205,283
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€34,062▲ 226%€53,349▲ 56.6%€90,518▲ 69.7%€52,682▼ 41.8%€60,453▲ 14.8%
Net result€20,402within the sector's middle half€35,296above the sector's middle half▲ 73.0%€64,304above the sector's middle half▲ 82.2%€34,559above the sector's middle half▼ 46.3%€40,428above the sector's middle half▲ 17.0%
EBIT margin
Equity€234,674above the sector's middle half▲ 9.5%€269,970above the sector's middle half▲ 15.0%€334,274above the sector's middle half▲ 23.8%€368,832above the sector's middle half▲ 10.3%€409,260above the sector's middle half▲ 11.0%
Total assets€368,797within the sector's middle half▲ 4.5%€342,730within the sector's middle half▼ 7.1%€456,063above the sector's middle half▲ 33.1%€511,129above the sector's middle half▲ 12.1%€533,857above the sector's middle half▲ 4.4%
Debt€134,124▼ 3.2%€72,760▼ 45.8%€121,789▲ 67.4%€142,297▲ 16.8%€124,597▼ 12.4%
Working capital€77,002above the sector's middle half▼ 1.2%€124,050above the sector's middle half▲ 61.1%€172,320above the sector's middle half▲ 38.9%€205,283above the sector's middle half▲ 19.1%€260,390above the sector's middle half▲ 26.8%
Solvency63.6%above the sector's middle half▲ 2.9pp78.8%above the sector's middle half▲ 15.1pp73.3%above the sector's middle half▼ 5.5pp72.2%above the sector's middle half▼ 1.1pp76.7%above the sector's middle half▲ 4.5pp
Current ratio1.96within the sector's middle half▼ 0.513.24above the sector's middle half▲ 1.283.35above the sector's middle half▲ 0.114.12above the sector's middle half▲ 0.785.18above the sector's middle half▲ 1.06
Return on assets (ROA)5.5%within the sector's middle half▲ 6.2pp10.3%within the sector's middle half▲ 4.8pp14.1%above the sector's middle half▲ 3.8pp6.8%within the sector's middle half▼ 7.3pp7.6%within the sector's middle half▲ 0.8pp
Staff (FTE)4=4=4=4=3▼ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €533,857
Fixed assets
€211,230 ▼ 12.0%
Current assets
€322,627 ▲ 19.1%
Equity and liabilities €533,857
Equity
€409,260 ▲ 11.0%
Debt
€124,597 ▼ 12.4%
Debt's share of the balance-sheet total falls from 27.8% to 23.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€93,119▲
2024 · €83,160
Cash flow
€73,094▲
2024 · €65,037
Quick ratio
5.00▲
2024 · 3.94
Debt to equity
0.30▼
2024 · 0.39
ROE
9.9%▲
2024 · 9.4%
Interest coverage
15.17▲
2024 · 13.17
Debt ≤ 1 year
€62,237▼
2024 · €65,700
Debt > 1 year
€59,930▼
2024 · €74,319
Income taxes
€15,733▲
2024 · €13,287
Staff costs
€51,397▼
2024 · €153,524
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €174,953 | €155,582 | €153,524 | €51,397 | ▼ 66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,001 | €20,879 | €19,319 | €30,478 | €32,666 | ▲ 7.2% |
| Other operating charges640/8 | - | €5,905 | €5,409 | €6,356 | €6,723 | ▲ 5.8% |
| Non-recurring operating charges66A | - | €32,099 | - | -€2,168 | - | - |
| Gross operating margin9900 | €243,463 | €287,185 | €270,829 | €240,873 | €151,239 | ▼ 37.2% |
| Operating profit (loss)9901 | €34,062 | €53,349 | €90,518 | €52,682 | €60,453 | ▲ 14.8% |
| Financial income75/76B | - | €71 | €118 | €1,477 | €1,847 | ▲ 25.1% |
| Recurring financial income75 | - | €71 | €118 | €1,477 | €1,847 | ▲ 25.1% |
| Financial charges65/66B | - | €4,878 | €5,567 | €6,313 | €6,140 | ▼ 2.7% |
| Recurring financial charges65 | €5,983 | €4,878 | €5,567 | €6,313 | €6,140 | ▼ 2.7% |
| Profit (loss) for the period before taxes9903 | €28,079 | €48,542 | €85,068 | €47,846 | €56,160 | ▲ 17.4% |
| Income taxes67/77 | €7,677 | €13,246 | €20,764 | €13,287 | €15,733 | ▲ 18.4% |
| Profit (loss) for the period9904 | €20,402 | €35,296 | €64,304 | €34,559 | €40,428 | ▲ 17.0% |
| Profit (loss) for the period to be appropriated9905 | €20,402 | €35,296 | €64,304 | €34,559 | €40,428 | ▲ 17.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €368,797 | €342,730 | €456,063 | €511,129 | €533,857 | ▲ 4.4% |
| Fixed assets21/28 | €211,891 | €163,284 | €210,327 | €240,147 | €211,230 | ▼ 12.0% |
| Tangible fixed assets22/27 | €211,891 | €163,284 | €210,327 | €240,147 | €211,230 | ▼ 12.0% |
| Land and buildings22 | - | €132,120 | €129,095 | €126,502 | €123,788 | ▼ 2.1% |
| Plant, machinery and equipment23 | - | €18,470 | €64,830 | €53,700 | €40,857 | ▼ 23.9% |
| Furniture and vehicles24 | - | €12,694 | €16,402 | €59,945 | €46,585 | ▼ 22.3% |
| Current assets29/58 | €156,906 | €179,446 | €245,736 | €270,983 | €322,627 | ▲ 19.1% |
| Stocks and contracts in progress3 | €16,210 | €15,709 | €16,306 | €11,936 | €11,726 | ▼ 1.8% |
| Stocks30/36 | - | €15,709 | €16,306 | €11,936 | €11,726 | ▼ 1.8% |
| Amounts receivable within one year40/41 | €60,804 | €58,197 | €70,650 | €37,085 | €41,153 | ▲ 11.0% |
| Trade receivables40 | - | €58,197 | €69,716 | €37,085 | €41,153 | ▲ 11.0% |
| Other amounts receivable41 | - | - | €934 | - | - | - |
| Current investments50/53 | - | €10,000 | €34,000 | €58,000 | €82,000 | ▲ 41.4% |
| Cash at bank and in hand54/58 | €79,893 | €95,540 | €122,947 | €161,213 | €185,843 | ▲ 15.3% |
| Deferred charges and accrued income490/1 | - | - | €1,833 | €2,748 | €1,905 | ▼ 30.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €368,797 | €342,730 | €456,063 | €511,129 | €533,857 | ▲ 4.4% |
| Equity10/15 | €234,674 | €269,970 | €334,274 | €368,832 | €409,260 | ▲ 11.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Outside capital11 | - | - | - | €18,600 | €18,600 | = |
| Share premium1100/10 | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | €21,860 | €51,860 | €106,860 | €136,860 | €171,860 | ▲ 25.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €50,000 | €105,000 | €135,000 | €170,000 | ▲ 25.9% |
| Profit (loss) carried forward14 | €194,214 | €199,510 | €208,814 | €213,372 | €218,800 | ▲ 2.5% |
| Amounts payable17/49 | €134,124 | €72,760 | €121,789 | €142,297 | €124,597 | ▼ 12.4% |
| Amounts payable after more than one year17 | €50,649 | €17,364 | €48,373 | €74,319 | €59,930 | ▼ 19.4% |
| Financial debts170/4 | - | €17,364 | €48,373 | €74,319 | €59,930 | ▼ 19.4% |
| Amounts payable within one year42/48 | €79,905 | €55,396 | €73,416 | €65,700 | €62,237 | ▼ 5.3% |
| Current portion of amounts payable after more than one year42 | - | - | €5,102 | €14,030 | €14,389 | ▲ 2.6% |
| Financial debts43 | - | €21,975 | €14,403 | - | - | - |
| Credit institutions430/8 | - | €21,975 | €14,403 | - | - | - |
| Trade debts44 | €10,034 | €1,012 | €10,864 | €12,747 | €1,211 | ▼ 90.5% |
| Suppliers440/4 | - | €1,012 | €10,864 | €12,747 | €1,211 | ▼ 90.5% |
| Taxes, remuneration and social security45 | - | €32,014 | €43,047 | €30,500 | €31,695 | ▲ 3.9% |
| Taxes450/3 | - | €22,800 | €30,714 | €23,146 | €25,817 | ▲ 11.5% |
| Remuneration and social security454/9 | - | €9,214 | €12,333 | €7,354 | €5,878 | ▼ 20.1% |
| Other amounts payable47/48 | - | €395 | - | €8,423 | €14,943 | ▲ 77.4% |
| Accrued charges and deferred income492/3 | - | - | - | €2,278 | €2,430 | ▲ 6.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,402 | €35,296 | €64,304 | €34,559 | €40,428 | ▲ 17.0% |
| + Depreciation and write-downs630 | €24,001 | €20,879 | €19,319 | €30,478 | €32,666 | ▲ 7.2% |
| Operating cash flow (approximation) | €44,404 | €56,175 | €83,624 | €65,037 | €73,094 | ▲ 12.4% |
| Investment in fixed assets (approximation) | - | €27,729 | -€66,363 | -€60,298 | -€3,750 | ▲ 93.8% |
| Change in cash | - | €15,647 | €27,407 | €38,266 | €24,629 | ▼ 35.6% |
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
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €64,304 ▲82.2%
Operating result €90,518, net result €64,304, both a record.
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €20,402
Net result €20,402 after one loss-making year.
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet -€2,505
Net result drops to -€2,505, the lowest in the series; recovery starts the following year.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Bocholt · 1 establishment unit since 2001
Ground area
2,355 m²
Building footprint
893 m²
Volume, LiDAR
5,074 m³
Parcel 72016A0100/00T013, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Dorperheideweg 42, 3950 Bocholt
since 20012.116.133.687
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72016A0100/00T013 | Flanders | 2,355 m² | 1 · 893 m² | 7.3 m · 2 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.
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Of 1,501 companies in sector 31004 we hold annual accounts for 626. 457 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
Founded16-10-2000
Fiscal year end30-06
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
Contact
Phone
011/667428Bocholt
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473061773
Also
9925:BE0473061773
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.