MENUISERIE CORNET
ActiveSummary
The computed 12-month bankruptcy probability of MENUISERIE CORNET is 2.9% (moderate). The 2025 annual accounts show equity of €143k and a net result of €-876. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+18
Solvency97▼-1
Growth58=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.49 in 2024; short-term debt: 26.4% and cash: 11.2% of total assets), and 28% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-876
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
9 d early
2024
22 d early
2023
30 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, micro schema
Equity
€143k▼ 0.8%
2024 · €144k
Total assets
€198k▲ 0.1%
2024 · €198k
Net result
€-876▲ 92.5%
2024 · €-12k
Working capital
€-19k▲ 25.3%
2024 · €-26k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€-16k-€-12k▲ 23.9%€-692▲ 94.2%
Net result€-15k-€-12k▲ 21.4%€-876▲ 92.5%
Equity€156k-€144k▼ 7.7%€143k▼ 0.8%
Total assets€218k-€198k▼ 9.2%€198k▲ 0.1%
Debt€59k-€51k▼ 13.5%€52k▲ 2.7%
Working capital€-17k-€-26k▼ 52.4%€-19k▲ 25.3%
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 €692 in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198k
Fixed assets
€165k ▼ 4.5%
Current assets
€33k ▲ 31.5%
Equity and liabilities €198k
Equity
€143k ▼ 0.8%
Provisions
€3k ▼ 3.4%
Debt
€52k ▲ 2.7%
Debt's share of the balance-sheet total rises from 25.7% to 26.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €1k
Cash flow
€13k▲
2024 · €1k
Current ratio
0.63▲
2024 · 0.49
Debt to equity
0.37▲
2024 · 0.35
ROE
-0.6%▲
2024 · -8.2%
ROA
-0.4%▲
2024 · -5.9%
Interest coverage
21.78▲
2024 · 4.69
Debt ≤ 1 year
€52k▲
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €13k | €14k | ▲ 4.1% |
| Other operating charges640/8 | €5k | €5k | €4k | ▼ 14.0% |
| Gross operating margin9900 | €12k | €6k | €17k | ▲ 185% |
| Operating profit (loss)9901 | €-16k | €-12k | €-692 | ▲ 94.2% |
| Financial income75/76B | €1k | €428 | €411 | ▼ 4.0% |
| Recurring financial income75 | €1k | €428 | €411 | ▼ 4.0% |
| Financial charges65/66B | €285 | €260 | €595 | ▲ 129% |
| Recurring financial charges65 | €285 | €260 | €595 | ▲ 129% |
| Profit (loss) for the period before taxes9903 | €-15k | €-12k | €-876 | ▲ 92.5% |
| Profit (loss) for the period9904 | €-15k | €-12k | €-876 | ▲ 92.5% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €-12k | €-876 | ▲ 92.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €218k | €198k | €198k | ▲ 0.1% |
| Fixed assets21/28 | €176k | €173k | €165k | ▼ 4.5% |
| Tangible fixed assets22/27 | €176k | €173k | €165k | ▼ 4.5% |
| Land and buildings22 | €172k | €169k | €158k | ▼ 7.0% |
| Plant, machinery and equipment23 | €934 | €1k | €5k | ▲ 417% |
| Furniture and vehicles24 | €3k | €2k | €2k | ▼ 4.6% |
| Current assets29/58 | €42k | €25k | €33k | ▲ 31.5% |
| Stocks and contracts in progress3 | €769 | €541 | €0 | ▼ 100% |
| Stocks30/36 | €769 | €541 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €30k | €7k | €10k | ▲ 49.4% |
| Trade receivables40 | €30k | €7k | €10k | ▲ 49.4% |
| Cash at bank and in hand54/58 | €10k | €18k | €22k | ▲ 23.6% |
| Deferred charges and accrued income490/1 | €515 | - | €935 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €218k | €198k | €198k | ▲ 0.1% |
| Equity10/15 | €156k | €144k | €143k | ▼ 0.8% |
| Contributions10/11 | €150k | €150k | €150k | = |
| Reserves13 | €12k | €12k | €12k | = |
| Non-distributable reserves130/1 | €8k | €8k | €8k | = |
| Reserves not available under the articles1311 | €8k | €8k | €8k | = |
| Tax-exempt reserves132 | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €-15k | €-27k | €-28k | ▼ 3.3% |
| Investment grants15 | €9k | €9k | €9k | ▼ 3.3% |
| Provisions and deferred taxes16 | €3k | €3k | €3k | ▼ 3.4% |
| Deferred taxes168 | €3k | €3k | €3k | ▼ 3.4% |
| Amounts payable17/49 | €59k | €51k | €52k | ▲ 2.7% |
| Amounts payable within one year42/48 | €59k | €51k | €52k | ▲ 2.7% |
| Trade debts44 | €7k | €2k | €5k | ▲ 231% |
| Suppliers440/4 | €7k | €2k | €5k | ▲ 231% |
| Taxes, remuneration and social security45 | €6k | €4k | €3k | ▼ 27.2% |
| Taxes450/3 | €941 | €2k | €2k | ▲ 29.5% |
| Remuneration and social security454/9 | €6k | €3k | €957 | ▼ 62.6% |
| Other amounts payable47/48 | €45k | €45k | €44k | ▼ 2.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €-12k | €-876 | ▲ 92.5% |
| + Depreciation and write-downs630 | €23k | €13k | €14k | ▲ 4.1% |
| Operating cash flow (approximation) | €8k | €1k | €13k | ▲ 820% |
| Investment in fixed assets (approximation) | - | €-10k | €-6k | ▲ 40.8% |
| Change in cash | - | €8k | €4k | ▼ 45.6% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Amay · 1 establishment unit since 2022
Ground area
1,529 m²
Building footprint
185 m²
Volume, LiDAR
1,140 m³
Parcel 61003A0387/00T000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MENUISERIE CORNET
since 20222.336.448.106
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61003A0387/00T000 | Wallonia | 1,529 m² | 1 · 185 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 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 20,028 companies in sector 43320 we hold annual accounts for 9,133. 7,652 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
Founded07-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail
menuiseriecornet1@gmail.com
Phone
+32479875103
Scores and ratios are computed by Checked and are not a credit decision.