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MAENE-DOUTRELIGNE

Active
Private limited companyfounded 198144 yrs activeIndustriestraat 42, 8755 Wingene, BelgiumKBO/BCE: BE 0422.221.204
Summary

MAENE-DOUTRELIGNE has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €165k and a net result of €2k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 76% of 214 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-6
Solvency92▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.96 in 2023; short-term debt: 32.8% and cash: 9.6% of total assets), and 32.8% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 44 years 0 50 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
41 d early
2022
26 d early
2021
45 d early
2020
44 d early
2019
43 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€165k▲ 1.0%
2023 · €163k
2018: €128k 2019: €129k 2020: €136k 2021: €142k 2022: €151k 2023: €163k
2018 → 2024
Total assets
€245k▲ 10.2%
2023 · €222k
2018: €267k 2019: €263k 2020: €254k 2021: €235k 2022: €215k 2023: €222k
2018 → 2024
Net result
€2k▼ 86.4%
2023 · €12k
2018: €-1k 2019: €1k 2020: €7k 2021: €5k 2022: €9k 2023: €12k
2018 → 2024
Working capital
€66k▲ 15.6%
2023 · €57k
2018: €20k 2019: €21k 2020: €26k 2021: €26k 2022: €38k 2023: €57k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€136k-€142k▲ 3.9%€151k▲ 6.3%€163k▲ 8.1%€165k▲ 1.0%
Operating result€15k-€12k▼ 21.2%€16k▲ 33.9%€20k▲ 27.6%€2k▼ 91.7%
Net result€7k-€5k▼ 27.4%€9k▲ 65.7%€12k▲ 37.9%€2k▼ 86.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2020: €15k€15kNet result 2020: €7k€7kOperating result 2021: €12k€12kNet result 2021: €5k€5kOperating result 2022: €16k€16kNet result 2022: €9k€9kOperating result 2023: €20k€20kNet result 2023: €12k€12kOperating result 2024: €2k€2kNet result 2024: €2k€2k20202021202220232024€0€10k€20kOperating result 2022: €16k€16kNet result 2022: €9k€8.9kOperating result 2023: €20k€20kNet result 2023: €12k€12kOperating result 2024: €2k€1.7kNet result 2024: €2k€1.7k202220232024
The operating result falls in 2024; 2024 is 92% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €245k
Fixed assets €99k ▼ 6.8%
Current assets €146k ▲ 25.7%
Equity and liabilities €245k
Equity €165k ▲ 1.0%
Debt €80k ▲ 35.3%
Debt's share of the balance-sheet total rises from 26.7% to 32.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9k
2023 · €27k
Cash flow
€9k
2023 · €19k
Current ratio
1.82
2023 · 1.96
Debt to equity
0.49
2023 · 0.36
ROE
1.0%
2023 · 7.5%
ROA
0.7%
2023 · 5.5%
Interest coverage
6.32
2023 · 23.81
Debt ≤ 1 year
€80k
2023 · €59k
Income taxes
€3k
2023 · €7k
Staff costs
€350k
2023 · €300k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€222k€245k
Fixed assets21/28€106k€99k
Intangible fixed assets21€311€24
Tangible fixed assets22/27€106k€99k
Land and buildings22€16k€15k
Plant, machinery and equipment23€2k€739
Leasing and similar rights25€87k€83k
Current assets29/58€116k€146k
Amounts receivable within one year40/41€54k€117k
Trade receivables40€54k€353
Other amounts receivable41-€117k
Cash at bank and in hand54/58€63k€23k
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€222k€245k
Equity10/15€163k€165k
Contributions10/11€19k€19k=
Reserves13€72k€72k=
Distributable reserves133€72k€72k=
Profit (loss) carried forward14€72k€74k
Amounts payable17/49€59k€80k
Amounts payable within one year42/48€59k€80k
Financial debts43€9k€9k
Credit institutions430/8€9k€9k
Trade debts44€10k€9k
Suppliers440/4€10k€9k
Taxes, remuneration and social security45€40k€61k
Taxes450/3€21k€25k
Remuneration and social security454/9€19k€37k
Income statement Code20232024
Remuneration, social security and pensions62€300k€350k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k
Other operating charges640/8€3k€3k
Gross operating margin9900€330k€362k
Operating profit (loss)9901€20k€2k
Financial income75/76B-€5k
Recurring financial income75-€5k
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€19k€5k
Income taxes67/77€7k€3k
Profit (loss) for the period9904€12k€2k
Profit (loss) for the period to be appropriated9905€12k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€72k€74k
Profit (loss) brought forward from the previous period14P€60k€72k
Social balance
Average headcount (FTE)90875.36.3

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €12k ▲37.9%
Operating result €20k, net result €12k, both a record.
05-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €150kEq €151k ▲6.3%
4 profitable years in a row build equity to €151k.
16-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
26-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Wingene · 1 establishment unit since 1982
establishment The establishment unit on the map
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.

Industriestraat 428755 Wingene
Ground area
5,565 m²
Building footprint
2,123 m²
Volume, LiDAR
21,198 m³
Parcel 37012C0282/00E000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAENE-DOUTRELIGNE
Industriestraat 42, 8755 WingeneNACE 3630001
since 19822.019.730.337
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37012C0282/00E000 Flanders 5,565 m² 1 · 2,123 m² 13.2 m · 3 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

Of 248 companies in sector 32200 we hold annual accounts for 47. 42 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-12-1981
Fiscal year end31-12
Activities, NACEBEL 2025
32200Other manufacturing
47690Retail sale of other cultural and recreation goods
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.