MENUISERIE ANTOINE-PAQUET
ActiveMENUISERIE ANTOINE-PAQUET has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €199 and a net result of €-2k. Equity is shrinking by ~19.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 10% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-27
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 1.05 in 2023), and 99.4% of the assets are financed with debt.
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 · 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
0.6%
Return on assets
-4.7%
Age of the figures
20 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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€2k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 36377 sector peers (2024).
NBB · sector comparisonPosition among 36377 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
32 d early
2022
30 d early
2021
13 d early
2020
30 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€199▼ 88.6%
2023 · €2k
2018: €7k
2019: €6k
2020: €4k
2021: €6k
2022: €9k
2023: €2k
2018 → 2024
Total assets
€33k▲ 284%
2023 · €9k
2018: €17k
2019: €10k
2020: €9k
2021: €10k
2022: €21k
2023: €9k
2018 → 2024
Net result
€-2k▲ 79.2%
2023 · €-7k
2018: €2k
2019: €-1k
2020: €-2k
2021: €2k
2022: €4k
2023: €-7k
2018 → 2024
Working capital
€-20k
2023 · €359
2018: €6k
2019: €5k
2020: €3k
2021: €5k
2022: €8k
2023: €359
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4k-€6k▲ 44.8%€9k▲ 62.1%€2k▼ 81.0%€199▼ 88.6%
Operating result€-2k-€2k€4k▲ 98.4%€-7k€-142▲ 98.1%
Net result€-2k-€2k€4k▲ 101%€-7k€-2k▲ 79.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €142 in 2024 against €7k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€28k▲ 1,922%
Current assets
€5k▼ 33.9%
Equity and liabilities €33k
Equity
€199▼ 88.6%
Debt
€33k▲ 380%
The debt ratio rises from 79.5% to 99.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2k▲
2023 · €-7k
Cash flow
€768▲
2023 · €-7k
Solvency
0.6%▼
2023 · 20.5%
Current ratio
0.19▼
2023 · 1.05
Quick ratio
0.19▼
2023 · 1.05
ROA
-4.7%▲
2023 · -87.4%
Interest coverage
8.49▲
2023 · -84.21
Debt
€33k▲
2023 · €7k
Debt ≤ 1 year
€24k▲
2023 · €7k
Debt > 1 year
€8k
Income taxes
€106
Equity ratios withheld: equity of €199 is too small for a meaningful ratio.
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€9k€33k▲
Fixed assets21/28€1k€28k▲
Tangible fixed assets22/27€368€27k▲
Plant, machinery and equipment23€368€92▼
Furniture and vehicles24-€27k
Financial fixed assets28€1k€1k=
Current assets29/58€7k€5k▼
Amounts receivable within one year40/41€6k€4k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€1k€2k▲
Current investments50/53-€945
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1€479-
Equity and liabilities
Total equity and liabilities10/49€9k€33k▲
Equity10/15€2k€199▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-29k€-30k▼
Amounts payable17/49€7k€33k▲
Amounts payable after more than one year17-€8k
Financial debts170/4-€8k
Amounts payable within one year42/48€7k€24k▲
Current portion of amounts payable after more than one year42-€3k
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€281€2k▲
Taxes450/3€281€2k▲
Other amounts payable47/48€538€17k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€277€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€615€2k▲
Non-recurring operating charges66A€266-
Gross operating margin9900€-6k€6k▲
Operating profit (loss)9901€-7k€-142▲
Financial income75/76B€61€4▼
Recurring financial income75€61€4▼
Financial charges65/66B€85€1k▲
Recurring financial charges65€85€256▲
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€-7k€-1k▲
Income taxes67/77-€106
Profit (loss) for the period9904€-7k€-2k▲
Profit (loss) for the period to be appropriated9905€-7k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-30k▼
Profit (loss) brought forward from the previous period14P€-21k€-29k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-7k ▼312%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €4k ▲101%
Operating result €4k, net result €4k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Couvin · 1 establishment unit since 2002
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.
Rue de la Brasserie, Peti. 65660 CouvinGround area
573 m²
Building footprint
97 m²
Parcel 93054B0783/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Brasserie, Peti. 6, 5660 Couvin
since 20022.101.460.656
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93054B0783/00G000 | Wallonia | 573 m² | 1 · 97 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
MENUISERIE POTVIN ERIC
BE 0844.931.960
Braine-le-Comte · Eq €199
MENUISERIE CHRISTOPHE LEONARD
BE 0832.896.537
Gedinne · Eq €203
FREDERIC DIEFELS MENUISERIE
BE 0783.274.802
Stavelot · Eq €190
SU Ramen & Deuren
BE 0730.573.316
Hasselt · Eq €184
KUIZ'IN
BE 0463.953.176
Namur · Eq €176
Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 165 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-12-2001
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
16230Manufacture of other builders' carpentry and joinery
20300
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0496/964246