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MENUISERIE FREDERIC

Active
Private limited companyfounded 20233 yrs activePréfayhai 32, 4900 Spa, BelgiumKBO/BCE: BE 0803.482.672
Summary

MENUISERIE FREDERIC has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33,042 and a net result of €29,648. Its solvency ranks better than 21% of 4630 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability37▲+19
Solvency41▲+14
Growth78
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.07 in 2023; short-term debt: 15% and cash: 3.1% of total assets), and 83.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
16.3%
Return on assets
14.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 4630 sector peers (2024).
NBB · sector comparison
Position among 4630 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
27 d late
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 3 July 2023, MENUISERIE FREDERIC was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29,648
2023 · -€748
Working capital
-€11,034▲ 50.8%
2023 · -€22,416
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€730--€2,479▼ 240%
Net result-€748below the sector's middle half-€29,648within the sector's middle half
Equity€4,252below the sector's middle half-€33,042below the sector's middle half▲ 677%
Total assets€185,751below the sector's middle half-€202,957below the sector's middle half▲ 9.3%
Debt€181,498-€169,915▼ 6.4%
Working capital-€22,416within the sector's middle half--€11,034within the sector's middle half▲ 50.8%
Solvency2.3%below the sector's middle half-16.3%below the sector's middle half▲ 14.0pp
Current ratio0.07below the sector's middle half-0.64within the sector's middle half▲ 0.57
Return on assets (ROA)-0.4%below the sector's middle half-14.6%above the sector's middle half▲ 15.0pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2023: -€730-€730Net result 2023: -€748-€748Operating result 2024: -€2,479-€2,479Net result 2024: €29,648€29,64820232024-€10,000€0€10,000€20,000€30,000Operating result 2023: -€730-€730Net result 2023: -€748-€748Operating result 2024: -€2,479-€2,480Net result 2024: €29,648€29,60020232024
The operating result stays negative: a loss of €2,479 in 2024 against €730 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200,933
Fixed assets €181,552 =
Current assets €19,381 ▲ 1,125%
Equity and liabilities €202,957
Equity €33,042 ▲ 677%
Debt €169,915 ▼ 6.4%
Debt's share of the balance-sheet total falls from 97.7% to 83.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1,887▼
2023 · -€384
Cash flow
€30,241▲
2023 · -€402
Debt to equity
5.14▼
2023 · 42.68
ROE
89.7%▲
2023 · -17.6%
Interest coverage
-27.53▼
2023 · -21.97
Debt ≤ 1 year
€30,415▲
2023 · €23,998
Debt > 1 year
€139,500▼
2023 · €157,500
Income taxes
€2,804
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€185,751€202,957▲
Formation expenses20€2,617€2,024▼
Fixed assets21/28€181,552€181,552=
Financial fixed assets28€181,552€181,552=
Current assets29/58€1,583€19,381▲
Amounts receivable within one year40/41-€13,000
Other amounts receivable41-€13,000
Cash at bank and in hand54/58€1,583€6,381▲
Equity and liabilities
Total equity and liabilities10/49€185,751€202,957▲
Equity10/15€4,252€33,042▲
Contributions10/11€5,000€5,000=
Reserves13-€28,042
Distributable reserves133-€28,042
Profit (loss) carried forward14-€748€0▲
Amounts payable17/49€181,498€169,915▼
Amounts payable after more than one year17€157,500€139,500▼
Other amounts payable178/9€157,500€139,500▼
Amounts payable within one year42/48€23,998€30,415▲
Current portion of amounts payable after more than one year42€18,000€19,500▲
Trade debts44€1,847€1,600▼
Suppliers440/4€1,847€1,600▼
Taxes, remuneration and social security45-€2,804
Taxes450/3-€2,804
Other amounts payable47/48€4,152€6,511▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€346€592▲
Other operating charges640/8€384€387▲
Gross operating margin9900--€1,499
Operating profit (loss)9901-€730-€2,479▼
Financial income75/76B-€35,000
Recurring financial income75-€35,000
Financial charges65/66B€18€69▲
Recurring financial charges65€18€69▲
Profit (loss) for the period before taxes9903-€748€32,452▲
Income taxes67/77-€2,804
Profit (loss) for the period9904-€748€29,648▲
Profit (loss) for the period to be appropriated9905-€748€29,648▲
Appropriation of the result
Profit (loss) to be appropriated9906-€748€28,901▲
Profit (loss) brought forward from the previous period14P--€748
Transfer to equity691/2-€28,042
To other reserves6921-€28,042
Profit to be distributed694/7-€859
Return on contributions (dividend)694-€859

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

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€346€592▲ 71.4%
Other operating charges640/8€384€387▲ 0.8%
Gross operating margin9900--€1,499-
Operating profit (loss)9901-€730-€2,479▼ 240%
Financial income75/76B-€35,000-
Recurring financial income75-€35,000-
Financial charges65/66B€18€69▲ 292%
Recurring financial charges65€18€69▲ 292%
Profit (loss) for the period before taxes9903-€748€32,452▲ 4,441%
Income taxes67/77-€2,804-
Profit (loss) for the period9904-€748€29,648▲ 4,066%
Profit (loss) for the period to be appropriated9905-€748€29,648▲ 4,066%
Line20232024Change
Assets
Total assets20/58€185,751€202,957▲ 9.3%
Formation expenses20€2,617€2,024▼ 22.6%
Fixed assets21/28€181,552€181,552=
Financial fixed assets28€181,552€181,552=
Current assets29/58€1,583€19,381▲ 1,125%
Amounts receivable within one year40/41-€13,000-
Other amounts receivable41-€13,000-
Cash at bank and in hand54/58€1,583€6,381▲ 303%
Equity and liabilities
Total equity and liabilities10/49€185,751€202,957▲ 9.3%
Equity10/15€4,252€33,042▲ 677%
Contributions10/11€5,000€5,000=
Reserves13-€28,042-
Distributable reserves133-€28,042-
Profit (loss) carried forward14-€748€0▲ 100%
Amounts payable17/49€181,498€169,915▼ 6.4%
Amounts payable after more than one year17€157,500€139,500▼ 11.4%
Other amounts payable178/9€157,500€139,500▼ 11.4%
Amounts payable within one year42/48€23,998€30,415▲ 26.7%
Current portion of amounts payable after more than one year42€18,000€19,500▲ 8.3%
Trade debts44€1,847€1,600▼ 13.3%
Suppliers440/4€1,847€1,600▼ 13.3%
Taxes, remuneration and social security45-€2,804-
Taxes450/3-€2,804-
Other amounts payable47/48€4,152€6,511▲ 56.8%
Line20232024Change
Profit (loss) for the period9904-€748€29,648▲ 4,066%
+ Depreciation and write-downs630€346€592▲ 71.4%
Operating cash flow (approximation)-€402€30,241▲ 7,624%
Investment in fixed assets (approximation)--€592-
Change in cash-€4,798-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial Back to profitnet €29,648
Net result €29,648 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Spa · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,376 m²
Building footprint
150 m²
Parcel 63072H0282/00E000, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
MENUISERIE FREDERIC
Préfayhai 32, 4900 SpaBusiness and other management consultancy
since 20232.349.651.190
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63072H0282/00E000 Wallonia 1,376 m² 1 · 150 m² -
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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of MENUISERIE FREDERIC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 35,202 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
Founded03-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
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Register as of 28 September 2026 · Peppol Directory

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