MENUISERIE CHARTIER J.

Active

Private limited companyfounded 20206 yrs activeRue Prince-Aug.-de-Prusse, Mar. 12, 5660 Couvin, BelgiumKBO/BCE: BE 0741.731.284

The computed 12-month bankruptcy probability of MENUISERIE CHARTIER J. is 3.4% (moderate). The 2025 annual accounts show equity of €76k and a net result of €-85k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 13% of 27407 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

2 / 100

Critical▼ -42 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-1

Solvency12▼-9

Growth52=

Stability100

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.79 against 1.0 in 2024), and 91.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2025

Solvency, return and age of the figures

Solvency

8.2%

Return on assets

-9.2%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 27407 sector peers (2025).

NBB · sector comparison

Position among 27407 sector peers

Solvency

better than 13%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

22 d early

2024

32 d early

2023

13 d early

2022

19 d early

2021

10 d early

2020

2 d early

← before the deadline after the deadline →

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 months

Position in the running window

15-09-2026 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

Financials · fiscal year 2025, micro schema

Equity

€76k▼ 52.9%

2024 · €161k

2020: €23k 2021: €97k 2022: €176k 2023: €161k 2024: €161k

2020 → 2025

Total assets

€926k▼ 9.8%

2024 · €1.03M

2020: €93k 2021: €251k 2022: €330k 2023: €973k 2024: €1.03M

2020 → 2025

Net result

€-85k

2024 · €214

2020: €18k 2021: €74k 2022: €79k 2023: €-15k 2024: €214

2020 → 2025

Working capital

€-64k▼ 44,787%

2024 · €-142

2020: €2k 2021: €65k 2022: €98k 2023: €-25k 2024: €-142

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€97k-€176k▲ 81.0%€161k▼ 8.4%€161k▲ 0.1%€76k▼ 52.9%

Operating result€109k-€102k▼ 6.6%€16k▼ 84.8%€44k▲ 183%€-43k

Net result€74k-€79k▲ 6.1%€-15k€214€-85k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €43k after €44k in 2024, the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €926k

74.1%

25.9%

Fixed assets €686k▼ 8.1%

Current assets €240k▼ 14.3%

Equity and liabilities €926k

91.8%

Equity €76k▼ 52.9%

Debt €850k▼ 1.7%

The debt ratio rises from 84.3% to 91.8%: equity shrinks faster than debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€25k▼

2024 · €108k

Cash flow

€-17k▼

2024 · €65k

Solvency

8.2%▼

2024 · 15.7%

Current ratio

0.79▼

2024 · 1.00

Quick ratio

0.50▼

2024 · 0.80

Debt / equity

11.17▲

2024 · 5.36

ROE

-112.1%▼

2024 · 0.1%

ROA

-9.2%▼

2024 · 0.0%

Interest coverage

0.71▼

2024 · 2.56

Debt

€850k▼

2024 · €865k

Debt ≤ 1 year

€303k▲

2024 · €280k

Debt > 1 year

€547k▼

2024 · €585k

Income taxes

€8k▲

2024 · €4k

Staff costs

€180k▼

2024 · €270k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€1.03M€926k▼

Fixed assets21/28€747k€686k▼

Tangible fixed assets22/27€746k€686k▼

Land and buildings22€634k€601k▼

Plant, machinery and equipment23€29k€23k▼

Furniture and vehicles24€69k€49k▼

Other tangible fixed assets26€2k€2k▼

Assets under construction and advance payments27€12k€12k=

Financial fixed assets28€650€650=

Current assets29/58€280k€240k▼

Stocks and contracts in progress3€56k€89k▲

Stocks30/36€56k€89k▲

Amounts receivable within one year40/41€207k€135k▼

Trade receivables40€116k€83k▼

Other amounts receivable41€91k€52k▼

Current investments50/53-€6k

Deferred charges and accrued income490/1€17k€10k▼

Equity and liabilities

Total equity and liabilities10/49€1.03M€926k▼

Equity10/15€161k€76k▼

Contributions10/11€5k€5k=

Reserves13€171k€171k=

Distributable reserves133€171k€171k=

Profit (loss) carried forward14€-15k€-100k▼

Amounts payable17/49€865k€850k▼

Amounts payable after more than one year17€585k€547k▼

Financial debts170/4€585k€547k▼

Amounts payable within one year42/48€280k€303k▲

Current portion of amounts payable after more than one year42€37k€38k▲

Financial debts43€3k€1k▼

Credit institutions430/8€3k€1k▼

Trade debts44€127k€144k▲

Suppliers440/4€127k€144k▲

Advances received on contracts in progress46€70k€99k▲

Taxes, remuneration and social security45€42k€5k▼

Taxes450/3€18k€354▼

Remuneration and social security454/9€24k€4k▼

Other amounts payable47/48-€16k

Income statement Code20242025

Remuneration, social security and pensions62€270k€180k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€68k▲

Other operating charges640/8€23k€16k▼

Gross operating margin9900€402k€220k▼

Operating profit (loss)9901€44k€-43k▼

Financial income75/76B€3k€554▼

Recurring financial income75€3k€554▼

Financial charges65/66B€42k€35k▼

Recurring financial charges65€42k€35k▼

Profit (loss) for the period before taxes9903€4k€-78k▼

Income taxes67/77€4k€8k▲

Profit (loss) for the period9904€214€-85k▼

Profit (loss) for the period to be appropriated9905€214€-85k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-15k€-100k▼

Profit (loss) brought forward from the previous period14P€-15k€-15k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 4Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

09-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-85k ▼39949%

Net result drops to €-85k, the lowest in the series.

29-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €214

Net result €214 after one loss-making year.

18-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

12-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2020net €79k ▲6.1%

Net result €79k, the highest in the series.

31-12

Financial Equity above €150kEq €176k ▲81%

3 profitable years in a row build equity to €176k.

21-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

29-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Couvin · 2 establishment units since 2020

establishment 1 of 2 establishment units on the map

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 Prince-Aug.-de-Prusse, Mar. 125660 Couvin

Ground area

2,975 m²

Parcel 93026C0234/00H000, Wallonia. Linked by address, not a title deed.

2 establishment units

MENUISERIE CHARTIER J.

Rue Prince-Aug.-de-Prusse, Mar. 12, 5660 CouvinManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20202.298.589.697

MENUISERIE CHARTIER J.

Rue du Pont-Pavot, Fra. 17, 5660 CouvinManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20232.345.489.296

1 parcel

Wallonia 1 (100%)