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MENUISERIE FREDERIC

Active
Private limited companyfounded 2023active for 3 yearsPréfayhai 32, 4900 Spa, BelgiumKBO/BCE: BE 0803.482.672

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MENUISERIE FREDERIC has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117,649 and a net result of €85,440. Equity is growing by about 172% per year across the filed financial years. Its solvency ranks better than 18% of 10,789 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 03-07-2023 Normal situation
Legal form
Private limited company
Registered office
Préfayhai 32, 4900 Spa
Activity
Business and other management consultancy NACE 70200and 1 other
Establishment unit
2.349.651.190 4900 Spa, since 03-07-2023
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Who decides

Board
Holdings
Shares in 2 companies Robert FREDERIC and TRENDYWOOD

How it is doing

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
-€4,890
▼ 226%
Profit
€85,440
▲ 188%
Equity
€117,649
▲ 256%
Total assets
€850,884
▲ 319%
2025 accounts filed 61 days late
Filed on 30-09-2026at the National Bank
Why 83raises riskLast filed accounts filed 61 days late; 1 of the last 3 lateLiquidity: current ratio 0.03, cash €4,925lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €850,884Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Weak
Solvency 39-2
equity 13.8% of total assets
Liquidity 12-39
short-term debt 71.9% · cash 0.6%
Profitability 31-6
return on assets 10.0%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,516 companies, NACE 70, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.4%▲ +0.1 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.4 percentage points vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.2 percentage points vs 08-2026 10-2026: 0.3%▼ -0.4 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.03, compared with 0.64 in 2024, below 1; short-term debt: 71.9% and cash: 0.6% of total assets), and 86.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 19% on solvency, 5% on liquidity, 16% on profitability and 96% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €850,884
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.03, cash €4,925
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 10789 sector peers (2025).
NBB · sector comparison
Position among 10789 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
61 days late
2024
27 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 39 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00535378.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
30-09-2026
Format
abbreviated format
Reference
2026-00535378
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€85,440▲ 188%
2024 · €29,648
Working capital
-€593,835▼ 5,282%
2024 · -€11,034
Trend over the years

2023 to 2025, 3 financial years

The operating result stays negative: a loss of €6,057 in 2025 against €2,479 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,057 2025 Net result€85,440 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result-€730--€2,479▼ 240%-€6,057▼ 144%
Net result-€748below the sector's middle half-€29,648within the sector's middle half€85,440within the sector's middle half▲ 188%
Equity€4,252below the sector's middle half-€33,042below the sector's middle half▲ 677%€117,649within the sector's middle half▲ 256%
Total assets€185,751below the sector's middle half-€202,957below the sector's middle half▲ 9.3%€850,884within the sector's middle half▲ 319%
Debt€181,498-€169,915▼ 6.4%€733,236▲ 332%
Working capital-€22,416within the sector's middle half--€11,034within the sector's middle half▲ 50.8%-€593,835below the sector's middle half▼ 5,282%
Solvency2.3%below the sector's middle half-16.3%below the sector's middle half▲ 14.0pp13.8%below the sector's middle half▼ 2.5pp
Current ratio0.07below the sector's middle half-0.64within the sector's middle half▲ 0.570.03below the sector's middle half▼ 0.61
Return on assets (ROA)-0.4%below the sector's middle half-14.6%above the sector's middle half▲ 15.0pp10.0%within the sector's middle half▼ 4.6pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €849,452
Fixed assets €831,552 ▲ 358%
Current assets €17,901 ▼ 7.6%
Equity and liabilities €850,884
Equity €117,649 ▲ 256%
Debt €733,236 ▲ 332%
Debt's share of the balance-sheet total rises from 83.7% to 86.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€5,465▼
2024 · -€1,887
Cash flow
€86,032▲
2024 · €30,241
Debt to equity
6.23▲
2024 · 5.14
ROE
72.6%▼
2024 · 89.7%
Interest coverage
-128.88▼
2024 · -27.53
Debt ≤ 1 year
€611,736▲
2024 · €30,415
Debt > 1 year
€121,500▼
2024 · €139,500
Income taxes
€8,461▲
2024 · €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 · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 30-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€202,957€850,884▲
Formation expenses20€2,024€1,432▼
Fixed assets21/28€181,552€831,552▲
Financial fixed assets28€181,552€831,552▲
Current assets29/58€19,381€17,901▼
Amounts receivable within one year40/41€13,000€12,976▼
Trade receivables40-€8,470
Other amounts receivable41€13,000€4,506▼
Cash at bank and in hand54/58€6,381€4,925▼
Equity and liabilities
Total equity and liabilities10/49€202,957€850,884▲
Equity10/15€33,042€117,649▲
Contributions10/11€5,000€5,000=
Reserves13€28,042€112,649▲
Distributable reserves133€28,042€112,649▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€169,915€733,236▲
Amounts payable after more than one year17€139,500€121,500▼
Other amounts payable178/9€139,500€121,500▼
Amounts payable within one year42/48€30,415€611,736▲
Current portion of amounts payable after more than one year42€19,500€19,500=
Trade debts44€1,600€6,632▲
Suppliers440/4€1,600€6,632▲
Taxes, remuneration and social security45€2,804€15,086▲
Taxes450/3€2,804€15,086▲
Other amounts payable47/48€6,511€570,518▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€592€592=
Other operating charges640/8€387€575▲
Gross operating margin9900-€1,499-€4,890▼
Operating profit (loss)9901-€2,479-€6,057▼
Financial income75/76B€35,000€100,000▲
Recurring financial income75€35,000€100,000▲
Financial charges65/66B€69€42▼
Recurring financial charges65€69€42▼
Profit (loss) for the period before taxes9903€32,452€93,901▲
Income taxes67/77€2,804€8,461▲
Profit (loss) for the period9904€29,648€85,440▲
Profit (loss) for the period to be appropriated9905€29,648€85,440▲
Appropriation of the result
Profit (loss) to be appropriated9906€28,901€85,440▲
Profit (loss) brought forward from the previous period14P-€748€0▲
Transfer to equity691/2€28,042€84,607▲
To other reserves6921€28,042€84,607▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€346€592€592=
Other operating charges640/8€384€387€575▲ 48.3%
Gross operating margin9900--€1,499-€4,890▼ 226%
Operating profit (loss)9901-€730-€2,479-€6,057▼ 144%
Financial income75/76B-€35,000€100,000▲ 186%
Recurring financial income75-€35,000€100,000▲ 186%
Financial charges65/66B€18€69€42▼ 38.1%
Recurring financial charges65€18€69€42▼ 38.1%
Profit (loss) for the period before taxes9903-€748€32,452€93,901▲ 189%
Income taxes67/77-€2,804€8,461▲ 202%
Profit (loss) for the period9904-€748€29,648€85,440▲ 188%
Profit (loss) for the period to be appropriated9905-€748€29,648€85,440▲ 188%
Line202320242025Change
Assets
Total assets20/58€185,751€202,957€850,884▲ 319%
Formation expenses20€2,617€2,024€1,432▼ 29.3%
Fixed assets21/28€181,552€181,552€831,552▲ 358%
Financial fixed assets28€181,552€181,552€831,552▲ 358%
Current assets29/58€1,583€19,381€17,901▼ 7.6%
Amounts receivable within one year40/41-€13,000€12,976▼ 0.2%
Trade receivables40--€8,470-
Other amounts receivable41-€13,000€4,506▼ 65.3%
Cash at bank and in hand54/58€1,583€6,381€4,925▼ 22.8%
Equity and liabilities
Total equity and liabilities10/49€185,751€202,957€850,884▲ 319%
Equity10/15€4,252€33,042€117,649▲ 256%
Contributions10/11€5,000€5,000€5,000=
Reserves13-€28,042€112,649▲ 302%
Distributable reserves133-€28,042€112,649▲ 302%
Profit (loss) carried forward14-€748€0€0-
Amounts payable17/49€181,498€169,915€733,236▲ 332%
Amounts payable after more than one year17€157,500€139,500€121,500▼ 12.9%
Other amounts payable178/9€157,500€139,500€121,500▼ 12.9%
Amounts payable within one year42/48€23,998€30,415€611,736▲ 20×
Current portion of amounts payable after more than one year42€18,000€19,500€19,500=
Trade debts44€1,847€1,600€6,632▲ 314%
Suppliers440/4€1,847€1,600€6,632▲ 314%
Taxes, remuneration and social security45-€2,804€15,086▲ 438%
Taxes450/3-€2,804€15,086▲ 438%
Other amounts payable47/48€4,152€6,511€570,518▲ 88×
Line202320242025Change
Profit (loss) for the period9904-€748€29,648€85,440▲ 188%
+ Depreciation and write-downs630€346€592€592=
Operating cash flow (approximation)-€402€30,241€86,032▲ 184%
Investment in fixed assets (approximation)--€592-€650,592▼ 109,714%
Change in cash-€4,798-€1,456-

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

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-09-2026 2026-00535378 NBB
31-12-2024 full format 27-08-2025 2025-00410300 PDF
31-12-2023 full format 30-08-2024 2024-00446541 PDF

Similar companies · same sector, comparable size

Of the 82,509 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,660. 42,286 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
Bernard FREDERIC
Director (not named in the articles) · since 28-06-2023 · in the 2025 annual accounts, filed on 30-09-2026
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Bernard FREDERIC
  • Director (not named in the articles), appointed in the act of 05-07-2023, still in office
See the board, name and registered office on a given date →

How the board is organised

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, à défaut censé sans limitation, organe d’administration”

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Modifications statuts, assemblée générale”
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution quelque cause et moment, judiciaires requises le cas échéant”

Articles of association, deed of 05-07-2023 (in French)

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 05-07-2023 ↗
  • FREDERIC Bernard Robert Jean Ghislain 50 shares (100%) · €5,000
Capital over the years
  1. 05-07-2023 Incorporation · €5,000 · 50 shares

Shares according to the articles of association

Share issue ruleHow and by whom new shares can be issued.
One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Appels de fonds et inscription en capitaux propres, actions libérées à leur émission”
Other provision: “Seul ou conjointement fixé par organe, administrateur-délégué”
Other provision: “Contrôle société, un ou plusieurs commissaires”
Other provision: “Tenue et convocation assemblée générale, courrier ordinaire même jour si pas adresse email”
Other provision: “Délibérations, majorité voix quel que soit nombre titres représentés sauf loi ou statuts”
Other provision: “Répartition réserves, bénéfice exercice en cours ou précédent tant que comptes non approuvés”
Liquidation distribution: “Apurement dettes charges frais ou consignation montants, actif net entre actionnaires proportion actions”
Other provision: “Loi, unanimité comparant”
4 more provisions in the deed, see the deed of 05-07-2023

Articles of association, deed of 05-07-2023 (in French)

Group and network

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 2025

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
DELKA IMMO
via Bernard FREDERIC · Permanent representative
→

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

History

On 3 July 2023, MENUISERIE FREDERIC was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 Bernard FREDERIC has served as director of the company since 2023.3 Total assets went from €185,751 in 2023 to €850,884 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-07-2023
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-09
NBB filing Annual accounts filedNBB
financial year 2025 · abbreviated format · 61 days late
2025
31-12
Financial Highest result from 2023 to 2025net €85,440 ▲188%
Net result €85,440, the highest in the series.
31-12
Financial Equity above €100,000equity €117,649 ▲256%
2 profitable years in a row build equity to €117,649.
27-08
NBB filing Annual accounts filedPDF
financial year 2024 · full format · 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 filedPDF
financial year 2023 · full format · 30 days late
2023
05-07
Gazette deed Incorporation
Appointment: FREDERIC Bernard Robert Jean Ghislain (director) · Permanent representative: FREDERIC Bernard Robert Jean Ghislain · Founder8 facts ▸
  • Incorporation, 28-06-2023
  • Founder, FREDERIC Bernard Robert Jean Ghislain
  • Founding capital, €5,000
  • Other provision, “arrêt des statuts, a déclaré arrêter les statuts comme suit” (deed in French)
  • Registered office clause, “région wallonne, 4900 SPA,Préfayhai,32” (deed in French)
  • Board rule, 1
  • Director appointment, FREDERIC Bernard Robert Jean Ghislain (director (not named in the articles))
  • Permanent representative, FREDERIC Bernard Robert Jean Ghislain

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name MENUISERIE FREDERIC in French
Enterprise number 0803.482.672
Legal form Private limited company
Status Active, normale toestand
Founded 03-07-2023
Type Legal entity

Where it is based

Registered office Préfayhai 32, 4900 Spa, Belgium
Establishments 1 establishment unit since 2023

What it does

NACEBEL 2025
70200 Business and other management consultancy main activity
82100 Office administrative and support services

Invoicing and payment

VAT number BE 0803.482.672
E-invoicing via Peppol
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Scores and ratios are computed by Checked and are not a credit decision.

Purpose according to the articles of association

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MENUISERIE FREDERIC
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

Articles of association, deed of 05-07-2023 (in French)

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here
1 establishment unit
MENUISERIE FREDERIC
Préfayhai 32, 4900 SpaBusiness and other management consultancy
since 2023unit no. 2.349.651.190

Buildings and parcels at the address

Ground area
1,376 m²
Building footprint
150 m²
Parcel 63072H0282/00E000, Wallonia.
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
63072H0282/00E000 Wallonia 1,376 m² 1 · 150 m² -