Menuiserie DS
ActiveSummary
Menuiserie DS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €161k and a net result of €35k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+17
Solvency90▲+9
Growth76=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 2.47 in 2023; short-term debt: 31.5% and cash: 39.6% of total assets), and 35.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 →
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 14-07-2025, 17 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
34 d early
2022
41 d early
2021
44 d early
2020
59 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€627k▲ 8.7%
2022 · €577k
2018: €360k
2019: €533k
2020: €467k
2021: €698k
2022: €577k
2018 → 2023
EBIT margin
3.4%▲ 1.3pp
2022 · 2.2%
2018: 4.6%
2019: 4.2%
2020: 5.6%
2021: 7.0%
2022: 2.2%
2018 → 2023
Net result
€35k▲ 145%
2023 · €14k
2018: €13k
2019: €16k
2020: €16k
2021: €44k
2022: €10k
2023: €14k
2018 → 2024
Working capital
€66k▼ 31.0%
2023 · €95k
2018: €12k
2019: €27k
2020: €30k
2021: €62k
2022: €42k
2023: €95k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€467k-€698k▲ 49.5%€577k▼ 17.4%€627k▲ 8.7%
Equity€57k-€101k▲ 77.7%€111k▲ 10.0%€125k▲ 12.9%€161k▲ 28.1%
Operating result€26k-€49k▲ 86.4%€13k▼ 74.2%€22k▲ 72.3%€46k▲ 115%
Net result€16k-€44k▲ 183%€10k▼ 77.2%€14k▲ 43.0%€35k▲ 145%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 115% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €248k
Fixed assets
€105k ▲ 58.4%
Current assets
€144k ▼ 9.9%
Equity and liabilities €248k
Equity
€161k ▲ 28.1%
Debt
€88k ▼ 12.5%
Debt's share of the balance-sheet total falls from 44.4% to 35.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▲
2023 · €59k
Cash flow
€68k▲
2023 · €52k
Current ratio
1.84▼
2023 · 2.47
Debt to equity
0.54▼
2023 · 0.80
ROE
22.0%▲
2023 · 11.5%
ROA
14.2%▲
2023 · 6.4%
Interest coverage
28.84▲
2023 · 22.12
Debt ≤ 1 year
€78k▲
2023 · €64k
Debt > 1 year
€8k▼
2023 · €28k
Income taxes
€8k▲
2023 · €5k
Staff costs
€37k▼
2023 · €68k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€226k€248k▲
Formation expenses20€0-
Fixed assets21/28€66k€105k▲
Tangible fixed assets22/27€64k€103k▲
Plant, machinery and equipment23€41k€53k▲
Furniture and vehicles24€23k€49k▲
Leasing and similar rights25€0-
Other tangible fixed assets26€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€2k€2k=
Current assets29/58€160k€144k▼
Amounts receivable within one year40/41€47k€43k▼
Trade receivables40€33k€19k▼
Other amounts receivable41€14k€24k▲
Cash at bank and in hand54/58€110k€98k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€226k€248k▲
Equity10/15€125k€161k▲
Contributions10/11€13k€13k=
Profit (loss) carried forward14€113k€148k▲
Amounts payable17/49€100k€88k▼
Amounts payable after more than one year17€28k€8k▼
Financial debts170/4€28k€8k▼
Amounts payable within one year42/48€64k€78k▲
Current portion of amounts payable after more than one year42€21k€19k▼
Trade debts44€5k€26k▲
Suppliers440/4€5k€26k▲
Taxes, remuneration and social security45€4k€204▼
Taxes450/3€0-
Remuneration and social security454/9€4k€204▼
Other amounts payable47/48€35k€32k▼
Accrued charges and deferred income492/3€8k€1k▼
Income statement
Code20232024
Turnover70€627k-
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€68k€37k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€32k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€87€198▲
Gross operating margin9900€128k€117k▼
Operating profit (loss)9901€22k€46k▲
Financial income75/76B€0€8▲
Recurring financial income75€0€8▲
Non-recurring financial income76B€0-
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Non-recurring financial charges66B€0€747▲
Profit (loss) for the period before taxes9903€19k€43k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€14k€35k▲
Profit (loss) for the period to be appropriated9905€14k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€148k▲
Profit (loss) brought forward from the previous period14P€99k€113k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €161k ▲28.1%
7 profitable years in a row build equity to €161k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €10k ▼77.2%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €44k ▲183%
Operating result €49k, net result €44k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲77.7%
4 profitable years in a row build equity to €101k.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Le Roeulx · 1 establishment unit since 2017
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 du Vent Val(GOT) 147070 Le RoeulxGround area
1,316 m²
Building footprint
186 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Menuiserie DS
since 20172.269.479.702
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55542C0054/00D000 | Wallonia | 1,244 m² | 1 · 115 m² | - |
| 55035B0315/00E004 | Wallonia | 72 m² | 1 · 71 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,589 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.