JM Menuiserie
ActiveThe computed 12-month bankruptcy probability of JM Menuiserie is 2.3% (moderate). The 2025 annual accounts show equity of €34k and a net result of €7k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 27619 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+9
Solvency84▲+10
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.42 in 2024; short-term debt: 40.8% and cash: 10.7% of total assets), and 40.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
59.2%
Return on assets
11.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 25.2%
2024 · €27k
2022: €28k
2023: €24k
2024: €27k
2022 → 2025
Total assets
€57k▲ 3.5%
2024 · €55k
2022: €77k
2023: €68k
2024: €55k
2022 → 2025
Net result
€7k▲ 130%
2024 · €3k
2022: €23k
2023: €-4k
2024: €3k
2022 → 2025
Working capital
€22k▲ 89.5%
2024 · €12k
2022: €9k
2023: €3k
2024: €12k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€28k-€24k▼ 14.9%€27k▲ 12.3%€34k▲ 25.2%
Operating result€31k-€-3k€6k€12k▲ 79.9%
Net result€23k-€-4k€3k€7k▲ 130%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 80% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€12k▼ 24.1%
Current assets
€45k▲ 14.1%
Equity and liabilities €57k
Equity
€34k▲ 25.2%
Debt
€23k▼ 17.2%
The debt ratio falls from 51.0% to 40.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2024 · €14k
Cash flow
€14k▲
2024 · €11k
Solvency
59.2%▲
2024 · 49.0%
Current ratio
1.95▲
2024 · 1.42
Quick ratio
1.95▲
2024 · 1.42
Debt / equity
0.69▼
2024 · 1.04
ROE
20.1%▲
2024 · 11.0%
ROA
11.9%▲
2024 · 5.4%
Interest coverage
22.92▲
2024 · 14.41
Debt
€23k▼
2024 · €28k
Debt ≤ 1 year
€23k▼
2024 · €28k
Income taxes
€4k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€55k€57k▲
Fixed assets21/28€15k€12k▼
Tangible fixed assets22/27€15k€8k▼
Furniture and vehicles24€15k€8k▼
Financial fixed assets28-€3k
Current assets29/58€40k€45k▲
Amounts receivable after more than one year29€25k€25k=
Other amounts receivable291€25k€25k=
Amounts receivable within one year40/41€8k€11k▲
Trade receivables40€6k€10k▲
Other amounts receivable41€2k€726▼
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€55k€57k▲
Equity10/15€27k€34k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€22k€29k▲
Amounts payable17/49€28k€23k▼
Amounts payable within one year42/48€28k€23k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€15k€6k▼
Suppliers440/4€15k€6k▼
Advances received on contracts in progress46€7k€9k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€751€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€483€491▲
Gross operating margin9900€15k€19k▲
Operating profit (loss)9901€6k€12k▲
Financial income75/76B€21€152▲
Recurring financial income75€21€152▲
Financial charges65/66B€987€813▼
Recurring financial charges65€987€813▼
Profit (loss) for the period before taxes9903€6k€11k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€3k€7k▲
Profit (loss) for the period to be appropriated9905€3k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€29k▲
Profit (loss) brought forward from the previous period14P€19k€22k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-4k ▼118%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Perwez · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Mont 361360 PerwezGround area
469 m²
Building footprint
61 m²
Volume, LiDAR
368 m³
Parcel 25084B0545/00K000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JM Menuiserie
since 20212.318.500.631
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25084B0545/00K000 | Wallonia | 469 m² | 1 · 61 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
MADE BY TUNE 2.0
BE 0699.780.962
Scherpenheuvel-Zichem · Eq €34k
MENUISERIE GENERALE FERNAND LECLERCQ
BE 0473.859.153
Comblain-au-Pont · Eq €34k
MINCKE THIJS
BE 0712.734.026
Brakel · Eq €34k
Menuiserie John Lejeune
BE 1012.648.722
Dison · Eq €34k
Menuiserie Crucifix & fils
BE 0783.337.158
Spa · Eq €34k
Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 6,943 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2021
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.