MAISON FRERES
ActiveMAISON FRERES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-49k) and a net result of €-65k. Equity is shrinking by ~51.3% per year across the filed fiscal years. Its solvency ranks better than 16% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-28
Solvency4▼-19
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.8 in 2023; short-term debt: 121.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-21.4%
Return on assets
-28.3%
Age of the figures
21 mo
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 €-49k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
30 d early
2022
63 d late
2021
18 d late
2020
26 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-49k▼ 845%
2023 · €-5k
2018: €79k
2019: €79k
2020: €41k
2021: €36k
2022: €-13k
2023: €-5k
2018 → 2024
Total assets
€229k▲ 2.5%
2023 · €224k
2018: €322k
2019: €361k
2020: €283k
2021: €296k
2022: €229k
2023: €224k
2018 → 2024
Net result
€-65k▼ 854%
2023 · €-7k
2018: €19k
2019: €789
2020: €-38k
2021: €-6k
2022: €-74k
2023: €-7k
2018 → 2024
Working capital
€-88k▼ 94.9%
2023 · €-45k
2018: €-20k
2019: €-27k
2020: €-45k
2021: €-32k
2022: €-67k
2023: €-45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€36k▼ 13.8%€-13k€-5k▲ 61.2%€-49k▼ 845%
Operating result€-24k-€8k€-62k€27k€-41k
Net result€-38k-€-6k▲ 84.9%€-74k▼ 1,198%€-7k▲ 90.8%€-65k▼ 854%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €41k after €27k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €229k
Fixed assets
€40k▼ 2.1%
Current assets
€189k▲ 3.5%
Key figures and ratios
EBITDA
€-29k▼
2023 · €44k
Cash flow
€-52k▼
2023 · €10k
Solvency
-21.4%▼
2023 · -2.3%
Current ratio
0.68▼
2023 · 0.80
Quick ratio
0.45▼
2023 · 0.51
Debt / equity
-5.66▲
2023 · -44.02
ROA
-28.3%▼
2023 · -3.0%
Interest coverage
-1.48▼
2023 · 1.54
Debt
€278k▲
2023 · €229k
Debt ≤ 1 year
€278k▲
2023 · €228k
Debt > 1 year
€600=
2023 · €600
Income taxes
€4k▼
2023 · €5k
Staff costs
€832▲
2023 · €278
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€224k€229k▲
Fixed assets21/28€41k€40k▼
Tangible fixed assets22/27€40k€39k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€9k€16k▲
Other tangible fixed assets26€29k€21k▼
Financial fixed assets28€1k€1k=
Current assets29/58€183k€189k▲
Stocks and contracts in progress3€66k€63k▼
Stocks30/36€66k€63k▼
Amounts receivable within one year40/41€79k€62k▼
Trade receivables40€69k€55k▼
Other amounts receivable41€10k€7k▼
Cash at bank and in hand54/58€3k-
Deferred charges and accrued income490/1€35k€64k▲
Equity and liabilities
Total equity and liabilities10/49€224k€229k▲
Equity10/15€-5k€-49k▼
Contributions10/11€194k€194k=
Capital10€194k€194k=
Issued capital100€194k€194k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-204k€-248k▼
Amounts payable17/49€229k€278k▲
Amounts payable after more than one year17€600€600=
Other amounts payable178/9€600€600=
Amounts payable within one year42/48€228k€278k▲
Current portion of amounts payable after more than one year42€125k€125k=
Financial debts43€41k€102k▲
Credit institutions430/8€41k€102k▲
Trade debts44€31k€41k▲
Suppliers440/4€31k€41k▲
Taxes, remuneration and social security45€10k€10k▼
Taxes450/3€10k€10k▼
Other amounts payable47/48€22k€486▼
Income statement
Code20232024
Non-recurring operating income76A€33k€32k▼
Remuneration, social security and pensions62€278€832▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Other operating charges640/8€18€18=
Non-recurring operating charges66A-€15k
Gross operating margin9900€45k€-13k▼
Operating profit (loss)9901€27k€-41k▼
Financial income75/76B€4€45▲
Recurring financial income75€4€45▲
Financial charges65/66B€29k€19k▼
Recurring financial charges65€29k€19k▼
Profit (loss) for the period before taxes9903€-1k€-61k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€-7k€-65k▼
Profit (loss) for the period to be appropriated9905€-7k€-65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-219k€-269k▼
Profit (loss) brought forward from the previous period14P€-212k€-204k▲
Shareholders' contribution to the loss794€15k€21k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
31-12
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Charleroi · 1 establishment unit since 2008
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.
Chaussée de Châtelet 2736060 CharleroiGround area
4,496 m²
Building footprint
1,744 m²
Volume, LiDAR
8,501 m³
2 parcels, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Charleroi 77, 5190 Jemeppe-sur-Sambre
since 20082.175.497.390
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92068D0111/00R000 | Wallonia | 4,040 m² | 1 · 1,605 m² | 9.9 m · 2 fl. |
| 52026C0602/00P002 | Wallonia | 456 m² | 1 · 138 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
H.N.M.
BE 0449.108.416
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SPEED TEAM WINDOWS
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ARD Belgium
BE 0777.768.863
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LES ARTISANS CHAPES ET CARRELAGES
BE 0897.099.946
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DEV-MAN
BE 0840.501.139
Vilvoorde · Eq €35k
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 588 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-09-1997
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
74109Other professional, scientific and technical activities
74140Other specialised design activities
16281Manufacture of other wood products
43320Joinery installation
43341Painting of buildings
43990Other specialised construction activities
43995Specialised construction activities
74105Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.