FCE MENUISERIE
ActiveSummary
The computed 12-month bankruptcy probability of FCE MENUISERIE is 2.2% (moderate). The 2024 annual accounts show negative equity (-€52,272) and a net result of -€7,442. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 5% of 3556 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability60▼-13
Solvency0=
Growth58=
Track record92
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67 against 0.69 in 2023; short-term debt: 148.6% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
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
-48.6%
Return on assets
-6.9%
Age of the figures
21 mo
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 →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€52,272
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
122 d late
2023
419 d late
2022
785 d late
2021
1150 d late
2020
556 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 520 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,442
2023 · €3,395
Working capital
-€53,360▼ 15.4%
2023 · -€46,253
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€2,667€264▼ 90.1%€22,174▲ 8,299%€4,552▼ 79.5%€8,996▲ 97.6%
Net result€1,396within the sector's middle half-€853below the sector's middle half€9,480within the sector's middle half€3,395within the sector's middle half▼ 64.2%-€7,442below the sector's middle half
Equity-€56,852below the sector's middle half▲ 2.4%-€57,705below the sector's middle half▼ 1.5%-€48,225below the sector's middle half▲ 16.4%-€44,830below the sector's middle half▲ 7.0%-€52,272below the sector's middle half▼ 16.6%
Total assets€58,846below the sector's middle half▲ 85.7%€61,582below the sector's middle half▲ 4.6%€123,270below the sector's middle half▲ 100%€103,110below the sector's middle half▼ 16.4%€107,575below the sector's middle half▲ 4.3%
Debt€115,697▲ 28.6%€119,287▲ 3.1%€171,495▲ 43.8%€147,940▼ 13.7%€159,847▲ 8.0%
Working capital-€55,350below the sector's middle half▼ 0.1%-€57,705below the sector's middle half▼ 4.3%-€48,225below the sector's middle half▲ 16.4%-€46,253below the sector's middle half▲ 4.1%-€53,360below the sector's middle half▼ 15.4%
Solvency-96.6%below the sector's middle half▲ 87.2pp-93.7%below the sector's middle half▲ 2.9pp-39.1%below the sector's middle half▲ 54.6pp-43.5%below the sector's middle half▼ 4.4pp-48.6%below the sector's middle half▼ 5.1pp
Current ratio0.51below the sector's middle half▲ 0.150.52below the sector's middle half=0.72below the sector's middle half▲ 0.200.69below the sector's middle half▼ 0.030.67below the sector's middle half▼ 0.02
Return on assets (ROA)2.4%within the sector's middle half▲ 146.4pp-1.4%below the sector's middle half▼ 3.8pp7.7%within the sector's middle half▲ 9.1pp3.3%within the sector's middle half▼ 4.4pp-6.9%below the sector's middle half▼ 10.2pp
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
The operating result recovers in 2024; 2024 is 98% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107,575
Fixed assets
€1,088 ▼ 23.5%
Current assets
€106,487 ▲ 4.7%
Equity and liabilities
Equity-€52,272
Debt€159,847
Equity is negative: debt (€159,847) exceeds the balance-sheet total (€107,575).
Key figures and ratios
EBITDA
€9,331▲
2023 · €4,803
Cash flow
-€7,107▼
2023 · €3,646
Quick ratio
0.61▼
2023 · 0.69
Interest coverage
11.30▲
2023 · 7.90
Debt ≤ 1 year
€159,847▲
2023 · €147,940
Income taxes
€14,537
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
5.1%
went bankrupt
5.4%
stopped otherwise
89%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% 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 1,564 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €290 | €218 | - | €251 | €335 | ▲ 33.5% |
| Other operating charges640/8 | €793 | €261 | - | €8 | - | - |
| Gross operating margin9900 | €3,751 | €743 | €22,174 | €4,811 | €9,331 | ▲ 94.0% |
| Operating profit (loss)9901 | €2,667 | €264 | €22,174 | €4,552 | €8,996 | ▲ 97.6% |
| Financial income75/76B | €361 | - | - | €1 | - | - |
| Recurring financial income75 | €361 | - | - | €1 | - | - |
| Financial charges65/66B | €1,632 | €1,117 | €951 | €1,158 | €1,901 | ▲ 64.2% |
| Recurring financial charges65 | €1,632 | €1,117 | €626 | €608 | €826 | ▲ 35.9% |
| Non-recurring financial charges66B | - | - | €325 | €550 | €1,075 | ▲ 95.5% |
| Profit (loss) for the period before taxes9903 | €1,396 | -€853 | €21,223 | €3,395 | €7,095 | ▲ 109% |
| Income taxes67/77 | - | - | €11,743 | - | €14,537 | - |
| Profit (loss) for the period9904 | €1,396 | -€853 | €9,480 | €3,395 | -€7,442 | ▼ 319% |
| Profit (loss) for the period to be appropriated9905 | €1,396 | -€853 | €9,480 | €3,395 | -€7,442 | ▼ 319% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,846 | €61,582 | €123,270 | €103,110 | €107,575 | ▲ 4.3% |
| Formation expenses20 | €218 | - | - | - | - | - |
| Fixed assets21/28 | - | - | - | €1,423 | €1,088 | ▼ 23.5% |
| Tangible fixed assets22/27 | - | - | - | €1,423 | €1,088 | ▼ 23.5% |
| Furniture and vehicles24 | - | - | - | €1,423 | €1,088 | ▼ 23.5% |
| Current assets29/58 | €58,628 | €61,582 | €123,270 | €101,687 | €106,487 | ▲ 4.7% |
| Stocks and contracts in progress3 | - | - | - | - | €8,600 | - |
| Stocks30/36 | - | - | - | - | €8,600 | - |
| Amounts receivable within one year40/41 | €58,628 | €61,582 | €123,257 | €101,687 | €97,887 | ▼ 3.7% |
| Trade receivables40 | €51,879 | €60,702 | €122,015 | €99,818 | €94,982 | ▼ 4.8% |
| Other amounts receivable41 | €6,749 | €880 | €1,242 | €1,869 | €2,905 | ▲ 55.4% |
| Cash at bank and in hand54/58 | - | - | €13 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,846 | €61,582 | €123,270 | €103,110 | €107,575 | ▲ 4.3% |
| Equity10/15 | -€56,852 | -€57,705 | -€48,225 | -€44,830 | -€52,272 | ▼ 16.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€63,052 | -€63,905 | -€54,425 | -€51,030 | -€58,472 | ▼ 14.6% |
| Amounts payable17/49 | €115,697 | €119,287 | €171,495 | €147,940 | €159,847 | ▲ 8.0% |
| Amounts payable after more than one year17 | €1,720 | - | - | - | - | - |
| Financial debts170/4 | €1,720 | - | - | - | - | - |
| Amounts payable within one year42/48 | €113,977 | €119,287 | €171,495 | €147,940 | €159,847 | ▲ 8.0% |
| Current portion of amounts payable after more than one year42 | €3,220 | €4,940 | €4,940 | - | - | - |
| Financial debts43 | €5,294 | €3,951 | €5,000 | €4,995 | €4,618 | ▼ 7.5% |
| Credit institutions430/8 | €5,294 | €3,951 | €5,000 | €4,995 | €4,618 | ▼ 7.5% |
| Trade debts44 | €73,414 | €58,565 | €54,352 | €53,061 | €55,153 | ▲ 3.9% |
| Suppliers440/4 | €73,414 | €58,565 | €54,352 | €53,061 | €55,153 | ▲ 3.9% |
| Advances received on contracts in progress46 | €31,301 | €31,301 | €79,462 | €64,070 | €50,516 | ▼ 21.2% |
| Taxes, remuneration and social security45 | €748 | €7 | €207 | €905 | €1,102 | ▲ 21.8% |
| Taxes450/3 | €7 | €7 | €207 | €905 | €1,102 | ▲ 21.8% |
| Remuneration and social security454/9 | €742 | - | - | - | - | - |
| Other amounts payable47/48 | - | €20,523 | €27,534 | €24,909 | €48,458 | ▲ 94.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,396 | -€853 | €9,480 | €3,395 | -€7,442 | ▼ 319% |
| + Depreciation and write-downs630 | €290 | €218 | - | €251 | €335 | ▲ 33.5% |
| Operating cash flow (approximation) | €1,686 | -€635 | €9,480 | €3,646 | -€7,107 | ▼ 295% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
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
2025
12-12
KBO administration
Strikeout withdrawn
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 122 days late
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 419 days late
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 785 days late
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1150 days late
2023
07-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 556 days late
2022
31-12
Financial
Back to profitnet €9,480
Net result €9,480 after one loss-making year.
2020
31-12
Financial
Back to profitnet €1,396
Net result €1,396 after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet -€45,649
Net result drops to -€45,649, the lowest in the series; recovery starts the following year.
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 118 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
SignalFinancial 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, Fexhe-le-Haut-Clocher · 1 establishment unit since 2016
Ground area
947 m²
Building footprint
78 m²
Volume, LiDAR
652 m³
2 parcels, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
J&F SERVICES
since 20162.257.602.645
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64423A0299/00E007 | Wallonia | 901 m² | 1 · 48 m² | 9.8 m · 3 fl. |
| 62342B0603/00Y000 | Wallonia | 45 m² | 1 · 30 m² | 9.7 m · 3 fl. |
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,017 companies in this sector we hold annual accounts for 9,142. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded04-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail
francois_detroz@hotmail.comSeraing
Phone
0479780815Seraing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0663794754
Also
9925:BE0663794754
Registered
24-10-2025
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.