Equity
MENUISERIE A. LONNEUX has made a profit in every financial year since 2007.
MENUISERIE A. LONNEUX has made a profit in every financial year since 2007.
The result fell in 2025 from €171,521 to €112,908.
In 2025, 6 people joined and 5 left.
Two of the last ten came late. The 2019 accounts came latest: 17 days after the end of the period.
Board changed. Latest change 09-01-2026 · 2 in office.
More equity than 94% of companies in specialised construction. Sector median €251,011 · 9,942 companies.
The dashed line is the sector median: 0.3% across 2,652 companies (NACE 43, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 95% of them on solvency, 99% on liquidity, 60% on profitability and 54% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 20,137 companies had the same profile as MENUISERIE A. LONNEUX has now. Each dot stands for 51 companies, two years later.
That fits the bankruptcy probability of MENUISERIE A. LONNEUX itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for MENUISERIE A. LONNEUX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 7.46 (6.14 in 2024), above the usual 1.5. Short-term debt is 12.7% and cash 39.3% of total assets. 12.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| MENUISERIE A. LONNEUX Herve | €2.0m | €667,613 | 87.3% | 11.8 |
| AROGIL Welkenraedt | €1.7m | €958,285 | 14.1% | 12.2 |
| DD PROJECTS Heusden-Zolder | €1.9m | €513,089 | 20.3% | 10.6 |
| BO - GARDEN Stekene | €1.9m | €885,872 | 45.3% | 10.2 |
| BEVA PLUS Tessenderlo-Ham | €1.9m | €873,531 | 48.4% | 9.9 |
| INTERIEUR LIEVENS Izegem | €1.5m | €876,378 | 33.6% | 11 |
| HORNICUB Bruges | €1.9m | €705,864 | 77.4% | 9.1 |
These companies have the same main activity as MENUISERIE A. LONNEUX: joinery installation (NACE 43320). They are comparable in size and age: total assets between €1.5m and €1.9m, founded between 1994 and 2003.
MENUISERIE A. LONNEUX files the abbreviated format. That format states no turnover. The gross margin rose from €338,538 in 2007 to €667,613 in 2025.
HABO HOLDING holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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