MENUI-BAT
ActiveSummary
MENUI-BAT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €712k and a net result of €61k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-4
Solvency84▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.38 in 2024; short-term debt: 33.4% and cash: 3.5% of total assets), and 41.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
58.5%
Return on assets
5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
29 d late
2023
31 d late
2022
31 d late
2021
29 d late
2020
30 d late
2019
145 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€61k▼ 37.7%
2024 · €97k
2018: €-5klowest in 8 years
2019: €25k▲ +559% vs 2018
2020: €33k▲ +29.2% vs 2019
2021: €95k▲ +192% vs 2020
2022: €68k▼ -28.3% vs 2021
2023: €56k▼ -17.8% vs 2022
2024: €97k▲ +73.7% vs 2023highest in 8 years
2025: €61k▼ -37.7% vs 2024
2018 → 2025
Working capital
€592k▲ 7.1%
2024 · €553k
2018: €246klowest in 8 years
2019: €258k▲ +4.9% vs 2018
2020: €287k▲ +11.0% vs 2019
2021: €374k▲ +30.3% vs 2020
2022: €437k▲ +16.8% vs 2021
2023: €479k▲ +9.7% vs 2022
2024: €553k▲ +15.3% vs 2023
2025: €592k▲ +7.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€455k-€523k▲ 15.0%€581k▲ 11.2%€657k▲ 13.0%€712k▲ 8.5%
2021: €455klowest in 5 years
2022: €523k▲ +15.0% vs 2021
2023: €581k▲ +11.2% vs 2022
2024: €657k▲ +13.0% vs 2023
2025: €712k▲ +8.5% vs 2024highest in 5 years
Operating result€149k-€106k▼ 28.9%€89k▼ 16.3%€143k▲ 60.5%€85k▼ 40.6%
2021: €149khighest in 5 years
2022: €106k▼ -28.9% vs 2021
2023: €89k▼ -16.3% vs 2022
2024: €143k▲ +60.5% vs 2023
2025: €85k▼ -40.6% vs 2024lowest in 5 years
Net result€95k-€68k▼ 28.3%€56k▼ 17.8%€97k▲ 73.7%€61k▼ 37.7%
2021: €95k
2022: €68k▼ -28.3% vs 2021
2023: €56k▼ -17.8% vs 2022lowest in 5 years
2024: €97k▲ +73.7% vs 2023highest in 5 years
2025: €61k▼ -37.7% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets
€218k ▲ 13.7%
Current assets
€999k ▲ 5.0%
Equity and liabilities €1.22M
Equity
€712k ▲ 8.5%
Debt
€505k ▲ 3.7%
Debt's share of the balance-sheet total falls from 42.6% to 41.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€127k▼
2024 · €182k
Cash flow
€103k▼
2024 · €136k
Current ratio
2.45▲
2024 · 2.38
Quick ratio
1.91▲
2024 · 1.62
Debt to equity
0.71▼
2024 · 0.74
ROE
8.5%▼
2024 · 14.8%
ROA
5.0%▼
2024 · 8.5%
Interest coverage
11.58▼
2024 · 14.36
Debt ≤ 1 year
€407k▲
2024 · €399k
Debt > 1 year
€98k▲
2024 · €88k
Income taxes
€13k▼
2024 · €33k
Staff costs
€401k▲
2024 · €323k
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 · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.22M▲
Fixed assets21/28€192k€218k▲
Tangible fixed assets22/27€192k€218k▲
Land and buildings22€140k€122k▼
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24€42k€86k▲
Current assets29/58€952k€999k▲
Stocks and contracts in progress3€306k€223k▼
Stocks30/36€306k€223k▼
Amounts receivable within one year40/41€412k€730k▲
Trade receivables40€348k€681k▲
Other amounts receivable41€65k€49k▼
Cash at bank and in hand54/58€228k€42k▼
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.22M▲
Equity10/15€657k€712k▲
Contributions10/11€168k€168k=
Reserves13€488k€544k▲
Non-distributable reserves130/1€36k€36k=
Reserves not available under the articles1311€3k€3k=
Other1319€33k€33k=
Distributable reserves133€453k€508k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€487k€505k▲
Amounts payable after more than one year17€88k€98k▲
Financial debts170/4€88k€98k▲
Amounts payable within one year42/48€399k€407k▲
Current portion of amounts payable after more than one year42€46k€46k▲
Trade debts44€307k€324k▲
Suppliers440/4€307k€324k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€10k€15k▲
Taxes450/3€2k€307▼
Remuneration and social security454/9€7k€15k▲
Other amounts payable47/48€37k€21k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€323k€401k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€42k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€40k€0▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€549k€532k▼
Operating profit (loss)9901€143k€85k▼
Financial income75/76B€6€4▼
Recurring financial income75€6€4▼
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Profit (loss) for the period before taxes9903€130k€74k▼
Income taxes67/77€33k€13k▼
Profit (loss) for the period9904€97k€61k▼
Profit (loss) for the period to be appropriated9905€97k€61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€97k€61k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€22k€0▼
Transfer to equity691/2€97k€61k▼
To other reserves6921€97k€61k▼
Profit to be distributed694/7€22k€0▼
Return on contributions (dividend)694€22k€0▼
Social balance
Average headcount (FTE)90877.50.0▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €175k | €228k | €284k | €323k | €401k | ▲ 24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33k | €31k | €31k | €39k | €42k | ▲ 8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5k | €109k | €40k | €0 | ▼ 100% |
| Other operating charges640/8 | €3k | €2k | €7k | €4k | €4k | ▲ 0.3% |
| Gross operating margin9900 | €360k | €373k | €520k | €549k | €532k | ▼ 3.0% |
| Operating profit (loss)9901 | €149k | €106k | €89k | €143k | €85k | ▼ 40.6% |
| Financial income75/76B | €75 | €27 | €12 | €6 | €4 | ▼ 33.0% |
| Recurring financial income75 | €75 | €27 | €12 | €6 | €4 | ▼ 33.0% |
| Financial charges65/66B | €11k | €12k | €11k | €13k | €11k | ▼ 13.2% |
| Recurring financial charges65 | €11k | €12k | €11k | €13k | €11k | ▼ 13.2% |
| Profit (loss) for the period before taxes9903 | €139k | €94k | €78k | €130k | €74k | ▼ 43.2% |
| Income taxes67/77 | €44k | €26k | €22k | €33k | €13k | ▼ 59.6% |
| Profit (loss) for the period9904 | €95k | €68k | €56k | €97k | €61k | ▼ 37.7% |
| Profit (loss) for the period to be appropriated9905 | €95k | €68k | €56k | €97k | €61k | ▼ 37.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €884k | €1.02M | €1.02M | €1.14M | €1.22M | ▲ 6.4% |
| Fixed assets21/28 | €231k | €207k | €227k | €192k | €218k | ▲ 13.7% |
| Tangible fixed assets22/27 | €229k | €205k | €227k | €192k | €218k | ▲ 13.7% |
| Land and buildings22 | €192k | €172k | €158k | €140k | €122k | ▼ 12.8% |
| Plant, machinery and equipment23 | €7k | €8k | €11k | €10k | €9k | ▼ 0.3% |
| Furniture and vehicles24 | €30k | €25k | €58k | €42k | €86k | ▲ 106% |
| Financial fixed assets28 | €2k | €2k | €0 | - | - | - |
| Current assets29/58 | €653k | €812k | €795k | €952k | €999k | ▲ 5.0% |
| Stocks and contracts in progress3 | €104k | €152k | €159k | €306k | €223k | ▼ 27.1% |
| Stocks30/36 | €104k | €152k | €159k | €306k | €223k | ▼ 27.1% |
| Amounts receivable within one year40/41 | €462k | €551k | €562k | €412k | €730k | ▲ 76.9% |
| Trade receivables40 | €447k | €500k | €520k | €348k | €681k | ▲ 95.7% |
| Other amounts receivable41 | €15k | €51k | €42k | €65k | €49k | ▼ 24.4% |
| Cash at bank and in hand54/58 | €81k | €101k | €65k | €228k | €42k | ▼ 81.4% |
| Deferred charges and accrued income490/1 | €7k | €8k | €10k | €5k | €3k | ▼ 26.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €884k | €1.02M | €1.02M | €1.14M | €1.22M | ▲ 6.4% |
| Equity10/15 | €455k | €523k | €581k | €657k | €712k | ▲ 8.5% |
| Contributions10/11 | €168k | €168k | €168k | €168k | €168k | = |
| Reserves13 | €288k | €356k | €413k | €488k | €544k | ▲ 11.4% |
| Non-distributable reserves130/1 | €36k | €36k | €36k | €36k | €36k | = |
| Reserves not available under the articles1311 | €3k | €3k | €3k | €3k | €3k | = |
| Other1319 | €33k | €33k | €33k | €33k | €33k | = |
| Distributable reserves133 | €253k | €321k | €377k | €453k | €508k | ▲ 12.3% |
| Profit (loss) carried forward14 | €-2k | €-2k | €0 | €0 | €0 | - |
| Amounts payable17/49 | €430k | €496k | €440k | €487k | €505k | ▲ 3.7% |
| Amounts payable after more than one year17 | €151k | €121k | €125k | €88k | €98k | ▲ 11.5% |
| Financial debts170/4 | €151k | €121k | €125k | €88k | €98k | ▲ 11.5% |
| Amounts payable within one year42/48 | €279k | €375k | €315k | €399k | €407k | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | €67k | €49k | €41k | €46k | €46k | ▲ 0.9% |
| Trade debts44 | €137k | €265k | €249k | €307k | €324k | ▲ 5.8% |
| Suppliers440/4 | €137k | €265k | €249k | €307k | €324k | ▲ 5.8% |
| Advances received on contracts in progress46 | €35k | €32k | €5k | €0 | - | - |
| Taxes, remuneration and social security45 | €16k | €3k | €4k | €10k | €15k | ▲ 60.4% |
| Taxes450/3 | €10k | €2k | €3k | €2k | €307 | ▼ 86.1% |
| Remuneration and social security454/9 | €6k | €1k | €871 | €7k | €15k | ▲ 105% |
| Other amounts payable47/48 | €25k | €25k | €17k | €37k | €21k | ▼ 43.0% |
| Accrued charges and deferred income492/3 | - | - | €9 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €95k | €68k | €56k | €97k | €61k | ▼ 37.7% |
| + Depreciation and write-downs630 | €33k | €31k | €31k | €39k | €42k | ▲ 8.9% |
| Operating cash flow (approximation) | €128k | €100k | €87k | €136k | €103k | ▼ 24.4% |
| Investment in fixed assets (approximation) | - | €-7k | €-50k | €-4k | €-69k | ▼ 1,802% |
| Change in cash | - | €20k | €-37k | €163k | €-186k | ▼ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €97k ▲73.7%
Net result €97k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €523k ▲15%
4 profitable years in a row build equity to €523k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 145 days late
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 76 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 153 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 151 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Antoing · 1 establishment unit since 1996
Ground area
639 m²
Building footprint
75 m²
Volume, LiDAR
245 m³
Parcel 57063A0124/00G000, Wallonia · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MENUI-BAT SPRL
since 19962.078.715.443
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57063A0124/00G000indicative | Wallonia | 639 m² | 1 · 75 m² | 6.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 5,178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-09-1996
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Contact
Phone
069/44 54 10Antoing
Scores and ratios are computed by Checked and are not a credit decision.