MENATAM

Public limited companyfounded 198045 yrs activeRue du Réemploi(RH) 4, 5020 Namur, BelgiumKBO/BCE: BE 0421.312.867

Summary

MENATAM has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show a net result of €1.4m. Equity is growing by ~16.9% per year across the filed fiscal years. Its net result ranks better than 95% of 2205 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch Report Compare

MENATAMActive

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320Retail sale of household furniture NACE 47551NACE 47591

#1 employer in the province of Namur, Specialised construction sector54 sites

Size

€132.1mturnover 2025

Staff: 299.9 FTE
Profit: €1.4m

Financial health

Bankruptcy chance 12 m: 0.7%

Too few figures to score

Structure

Largest shareholder: VERL PROPRIETAIRE , SERVICE ET ADMINISTRATION · 46.01%
Holdings: 3

Auditor: Baker Tilly Audit Comptabilité Conseil SRLAccounts 17 d early1 of 36 deeds read

Signals- Eigen vermogen niet neergelegd- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 1.13, cash €5.3m+ Size: turnover €132.1m, 299.9 FTE, total assets €80.9m, files consolidated accountsLatest accounts filed on timeShow the evidence

Checked score

No current score

Insufficient figures

A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (35 companies)

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%● 0.0% vs 12-2024 02-2025: 0.5%▼ -3.8% vs 01-2025 03-2025: 0.5%● 0.0% vs 02-2025 04-2025: 0.5%▼ -0.9% vs 03-2025lowest value 05-2025: 0.6%▲ +22.5% vs 04-2025 06-2025: 0.6%▼ -1.6% vs 05-2025 07-2025: 0.6%▲ +4.0% vs 06-2025 08-2025: 1.1%▲ +98.3% vs 07-2025 09-2025: 1.1%● 0.0% vs 08-2025 10-2025: 1.1%● 0.0% vs 09-2025 11-2025: 1.1%● 0.0% vs 10-2025 12-2025: 1.1%● 0.0% vs 11-2025 01-2026: 1.1%● 0.0% vs 12-2025 02-2026: 1.1%▼ -3.3% vs 01-2026 03-2026: 1.1%● 0.0% vs 02-2026 04-2026: 1.1%▼ -1.3% vs 03-2026 05-2026: 1.3%▲ +20.0% vs 04-2026 06-2026: 1.3%▲ +2.1% vs 05-2026highest value 07-2026: 0.7%▼ -44.6% vs 06-2026 08-2026: 0.7%▼ -2.4% vs 07-2026 09-2026: 0.7%● 0.0% vs 08-2026 10-2026: 0.7%● 0.0% vs 09-2026

Eigen vermogen niet neergelegd raises the probability
Sector Specialised construction activities (NACE 43) raises the probability
Liquidity: current ratio 1.13, cash €5.3m raises the probability
Size: turnover €132.1m, 299.9 FTE, total assets €80.9m, files consolidated accounts lowers the probability for this profile

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Eigen vermogen niet neergelegd

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Sector Specialised construction activities (NACE 43)

In the bankruptcy model this factor raises the probability.

KBO

Liquidity: current ratio 1.13, cash €5.3m

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: turnover €132.1m, 299.9 FTE, total assets €80.9m, files consolidated accounts

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

17 d early

2024

9 d early

2023

21 d early

2022

21 d early

2021

12 d early

2020

22 d early

← 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 17 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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

31-08-26 Appointment: Baker Tilly Audit Comptabilité Conseil…Permanent representative: CHRISTOPHE HABETS ·…
14-07-26 Annual accounts filedfiscal year 2025 · full…
31-12-25 Weakest financial yearnet €1.4m ▼15%

Key points

Positive: Employer in the province of Namur, Specialised construction…in the Checked rankings #1 View
Positive: 8 profitable years in a rowprofit 2025: €1.4m 8 years View
Positive: Always filed on timeaccounts within the deadline every year 6 years View
Heads a groupcompanies controlled 3 View
Active since 1980founded 18-12-1980 45 years View