Checked.be
Active
BE 0450.290.430Private limited company (pre-2019)
MENUET
Pastoriestraat 11 ·8377 Zuienkerke, Belgium· 33 yrs active
Sector: Production of cinema films
(59111)
Conclusion
MENUET has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.95M and a net result of €64k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 95% of 372 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €6.95M |
| Net result | €64k |
| Staff (FTE) | 0.8 |
| Better than sector | 95% |
Financial profile
70
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
5
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1993, 33 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€650k
estimate, not credit advice
Score history
86
2021
86
2022
83
2023
70
2024
94
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 28.37 (≥ 1.5)
+10
Quick ratio
Quick ratio 28.37 (≥ 1.0)
+5
Leverage
Debt/equity 0.06 (< 1.0)
+10
Profitability
ROE 1%
+3
Interest coverage
Interest coverage 8.5× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 01-06-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 5 fiscal years (±0.1%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 94.7% | 31.6% | |
| Net result | €64k | €3k | |
| Equity | €6.95M | €74k | |
| Gross operating margin | €303k | €53k | |
| Staff costs | €97k | €103k |
€76k
-56.5%
21-25
€64k
-
21-25
€70k
-86.6%
21-25
€7.34M
+0.1%
21-25
€6.95M
+0.9%
21-25
€7.06M
-1.3%
21-25
1
0.0%
21-25
€97k
+5.0%
21-25
€8k
-36.2%
21-25
€391k
-12.6%
21-25
€258k
+67.8%
21-25
€133k
-54.6%
21-25
28.37
-40.3%
21-25
28.37
-40.3%
21-25
94.7%
+0.8%
21-25
0.06
-13.4%
21-25
0.9%
-
21-25
0.9%
-
21-25
8.51
-40.5%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €76k | €175k | €703k | €1.13M | €1.21M |
| Net profit | €64k | €-6k | €30k | €527k | €637k |
| Cash flow | €70k | €523k | €1.08M | €1.57M | €654k |
| Staff costs | €97k | €93k | €96k | €89k | €349k |
| Income taxes | €8k | €13k | €-28k | €219k | €645k |
| Dividends | - | - | - | - | - |
| Total assets | €7.34M | €7.34M | €7.89M | €8.01M | €8.05M |
| Equity | €6.95M | €6.89M | €7.00M | €7.18M | €6.87M |
| Debt | €391k | €448k | €832k | €662k | €903k |
| of which ≤ 1y | €258k | €154k | €176k | €74k | €282k |
| of which > 1y | €133k | €294k | €655k | €588k | €621k |
| Working capital | €7.06M | €7.15M | €7.18M | €6.36M | €5.56M |
| Employees (FTE) | 0.8 | 0.8 | 0.9 | 0.8 | 4.5 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 28.37 | 47.52 | 41.70 | 87.07 | 20.72 |
| Quick ratio | 28.37 | 47.52 | 41.70 | 87.07 | 20.72 |
| Working capital ratio | 96.1% | 97.5% | 91.0% | 79.3% | 69.1% |
| Solvency | 94.7% | 93.9% | 88.8% | 89.7% | 85.4% |
| Debt / equity | 0.06 | 0.06 | 0.12 | 0.09 | 0.13 |
| Long-term debt ratio | 0.02 | 0.04 | 0.09 | 0.08 | 0.09 |
| Interest coverage | 8.51 | 14.29 | 32.61 | 33.98 | 441.80 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.9% | -0.1% | 0.4% | 6.6% | 7.9% |
| ROE | 0.9% | -0.1% | 0.4% | 7.3% | 9.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (27 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €7.34M | €7.34M | €7.89M | €8.01M | €8.05M |
| Fixed assets | 21/28 | €25k | €31k | €536k | €1.58M | €2.21M |
| Intangible fixed assets | 21 | €0 | €0 | €523k | €1.57M | €2.20M |
| Tangible fixed assets | 22/27 | €23k | €29k | €11k | €11k | €11k |
| Financial fixed assets | 28 | €2k | €2k | €2k | €2k | €2k |
| Current assets | 29/58 | €7.32M | €7.31M | €7.35M | €6.43M | €5.84M |
| Amounts receivable within one year | 40/41 | €1.90M | €1.89M | €2.00M | €1.98M | €1.91M |
| Investments | 50/53 | €3.98M | €4.23M | €2.90M | €1.94M | €1.34M |
| Cash & bank | 54/58 | €1.22M | €859k | €2.10M | €2.12M | €2.04M |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.34M | €7.34M | €7.89M | €8.01M | €8.05M |
| Equity | 10/15 | €6.95M | €6.89M | €7.00M | €7.18M | €6.87M |
| Contributions / capital | 10/11 | €1.52M | €1.52M | €1.52M | €1.52M | €1.52M |
| Reserves | 13 | €5.34M | €5.34M | €5.34M | €5.34M | €4.82M |
| Accumulated profits (losses) | 14 | €88k | €24k | €30k | - | - |
| Provisions & deferred taxes | 16 | - | - | €55k | €165k | €275k |
| Amounts payable | 17/49 | €391k | €448k | €832k | €662k | €903k |
| Amounts payable after one year | 17 | €133k | €294k | €655k | €588k | €621k |
| Amounts payable within one year | 42/48 | €258k | €154k | €176k | €74k | €282k |
| Trade debts payable within one year | 44 | €5k | €29k | €166k | €18k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €303k | €397k | €801k | €1.22M | €1.56M |
| Operating result | 9901 | €70k | €-354k | €-343k | €83k | €1.19M |
| Financial income | 75 | €93k | €286k | €256k | €223k | €28k |
| Financial charges | 65 | €9k | €12k | €22k | €33k | €3k |
| Result before taxes | 9903 | €73k | €-48k | €-109k | €636k | €1.28M |
| Income taxes | 67/77 | €8k | €13k | €-28k | €219k | €645k |
| Net result for the period | 9904 | €64k | €-6k | €30k | €527k | €637k |
| Result to be appropriated | 9905 | €64k | €-6k | €30k | €527k | €637k |
Legal Structure
| NACE primary | Production of cinema films(59111) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 09-06-1993 |
| Status | Active |
| Postal code | 8377 |
Establishment units
MENUET BVBA
since 19932.062.928.197
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31011C0440/00B000 | Flanders | 3,351 m² | 1 · 204 m² | 9.8 m · 3 fl. |
| 12007D0619/00P000 | Flanders | 2,116 m² | 1 · 922 m² | 6.9 m |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €64k
Net result €64k after one loss-making year.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-6k ▼119%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 87.07
Current ratio from 20.72 to 87.07; short-term debt falls from €282k to €74k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Production of cinema films59111
Names & trade names
| Legal nameNL | MENUET |
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