MENUISERIE GRECO

Active

Private limited companyfounded 20233 yrs activeRue du Geer(LSS) 11, 4250 Geer, BelgiumKBO/BCE: BE 0802.999.949

Summary

The computed 12-month bankruptcy probability of MENUISERIE GRECO is 2.6% (moderate). The 2025 annual accounts show equity of €60k and a net result of €19k. Its solvency ranks better than 44% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

MENUISERIE GRECOActiveChecked score 61/100

Risk analysis Report Compare

Checked score

Score 2025

61 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability85▼-15

Solvency67▲+7

Growth52

Track record94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity ample (current ratio 1.62 against 1.24 in 2024; short-term debt: 38.9% and cash: 13.4% of total assets), but 58.4% of the assets are financed with debt.

Credit check for your own amount and term

Signals

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

−lowers risk+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

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

41.6%

Return on assets

13.3%

Age of the figures

9 mo

Higher-failure-rate region

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

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

17 d early

2024

15 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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

25-09-2026 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

€60k▲ 44.1%

2024 · €41k

2024: €41k 2025: €60k▲ +44.1% vs 2024

2024 → 2025

Total assets

€143k▲ 22.4%

2024 · €117k

2024: €117k 2025: €143k▲ +22.4% vs 2024

2024 → 2025

Net result

€19k▼ 44.5%

2024 · €34k

2024: €34k 2025: €19k▼ -44.5% vs 2024

2024 → 2025

Working capital

€34k▲ 220%

2024 · €11k

2024: €11k 2025: €34k▲ +220% vs 2024

2024 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€41k-€60k▲ 44.1% 2024: €41k 2025: €60k▲ +44.1% vs 2024

Operating result€46k-€28k▼ 39.9% 2024: €46k 2025: €28k▼ -39.9% vs 2024

Net result€34k-€19k▼ 44.5% 2024: €34k 2025: €19k▼ -44.5% vs 2024

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 40% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €143k

37.2%

62.8%

Fixed assets €53k ▼ 14.8%

Current assets €90k ▲ 65.0%

Equity and liabilities €143k

41.6%

58.4%

Equity €60k ▲ 44.1%

Debt €84k ▲ 10.5%

Debt's share of the balance-sheet total falls from 64.6% to 58.4%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€37k▼

2024 · €62k

Cash flow

€28k▼

2024 · €50k

Current ratio

1.62▲

2024 · 1.24

Quick ratio

1.48▲

2024 · 0.67

Debt to equity

1.40▼

2024 · 1.83

ROE

32.0%▼

2024 · 83.1%

ROA

13.3%▼

2024 · 29.4%

Interest coverage

7.80▼

2024 · 24.01

Debt ≤ 1 year

€56k▲

2024 · €44k

Debt > 1 year

€25k▼

2024 · €31k

Income taxes

€4k▼

2024 · €10k

Staff costs

€40k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines

Balance sheet Code20242025

Assets

Total assets20/58€117k€143k▲

Fixed assets21/28€63k€53k▼

Intangible fixed assets21€57k€50k▼

Tangible fixed assets22/27€5k€3k▼

Plant, machinery and equipment23€2k€334▼

Furniture and vehicles24€4k€3k▼

Financial fixed assets28€363€363=

Current assets29/58€55k€90k▲

Stocks and contracts in progress3€25k€8k▼

Stocks30/36€15k€2k▼

Contracts in progress37€10k€6k▼

Amounts receivable within one year40/41€9k€50k▲

Trade receivables40€0€42k▲

Other amounts receivable41€9k€8k▼

Cash at bank and in hand54/58€20k€19k▼

Deferred charges and accrued income490/1€707€13k▲

Equity and liabilities

Total equity and liabilities10/49€117k€143k▲

Equity10/15€41k€60k▲

Contributions10/11€7k€7k=

Profit (loss) carried forward14€34k€53k▲

Amounts payable17/49€76k€84k▲

Amounts payable after more than one year17€31k€25k▼

Other amounts payable178/9€31k€25k▼

Amounts payable within one year42/48€44k€56k▲

Trade debts44€10k€22k▲

Suppliers440/4€10k€22k▲

Taxes, remuneration and social security45€11k€20k▲

Taxes450/3€9k€15k▲

Remuneration and social security454/9€2k€5k▲

Other amounts payable47/48€23k€13k▼

Accrued charges and deferred income492/3€862€3k▲

Income statement Code20242025

Remuneration, social security and pensions62-€40k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€9k▼

Other operating charges640/8€1k€896▼

Gross operating margin9900€63k€79k▲

Operating profit (loss)9901€46k€28k▼

Financial income75/76B€0€15▲

Recurring financial income75€0€15▲

Financial charges65/66B€3k€5k▲

Recurring financial charges65€3k€5k▲

Profit (loss) for the period before taxes9903€44k€23k▼

Income taxes67/77€10k€4k▼

Profit (loss) for the period9904€34k€19k▼

Profit (loss) for the period to be appropriated9905€34k€19k▼

Appropriation of the result

Profit (loss) to be appropriated9906€34k€53k▲

Profit (loss) brought forward from the previous period14P-€34k

Profit to be distributed694/7-€833

Return on contributions (dividend)694-€833

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2024	2025	Change
Remuneration, social security and pensions62	-	€40k	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€15k	€9k	▼ 39.0%
Other operating charges640/8	€1k	€896	▼ 37.9%
Gross operating margin9900	€63k	€79k	▲ 24.5%
Operating profit (loss)9901	€46k	€28k	▼ 39.9%
Financial income75/76B	€0	€15	▲ 150,000%
Recurring financial income75	€0	€15	▲ 150,000%
Financial charges65/66B	€3k	€5k	▲ 85.7%
Recurring financial charges65	€3k	€5k	▲ 85.7%
Profit (loss) for the period before taxes9903	€44k	€23k	▼ 47.2%
Income taxes67/77	€10k	€4k	▼ 57.1%
Profit (loss) for the period9904	€34k	€19k	▼ 44.5%
Profit (loss) for the period to be appropriated9905	€34k	€19k	▼ 44.5%

Line	2024	2025	Change
Assets
Total assets20/58	€117k	€143k	▲ 22.4%
Fixed assets21/28	€63k	€53k	▼ 14.8%
Intangible fixed assets21	€57k	€50k	▼ 12.1%
Tangible fixed assets22/27	€5k	€3k	▼ 45.2%
Plant, machinery and equipment23	€2k	€334	▼ 80.0%
Furniture and vehicles24	€4k	€3k	▼ 28.9%
Financial fixed assets28	€363	€363	=
Current assets29/58	€55k	€90k	▲ 65.0%
Stocks and contracts in progress3	€25k	€8k	▼ 69.6%
Stocks30/36	€15k	€2k	▼ 86.0%
Contracts in progress37	€10k	€6k	▼ 45.0%
Amounts receivable within one year40/41	€9k	€50k	▲ 444%
Trade receivables40	€0	€42k	-
Other amounts receivable41	€9k	€8k	▼ 10.9%
Cash at bank and in hand54/58	€20k	€19k	▼ 2.2%
Deferred charges and accrued income490/1	€707	€13k	▲ 1,709%
Equity and liabilities
Total equity and liabilities10/49	€117k	€143k	▲ 22.4%
Equity10/15	€41k	€60k	▲ 44.1%
Contributions10/11	€7k	€7k	=
Profit (loss) carried forward14	€34k	€53k	▲ 53.1%
Amounts payable17/49	€76k	€84k	▲ 10.5%
Amounts payable after more than one year17	€31k	€25k	▼ 19.4%
Other amounts payable178/9	€31k	€25k	▼ 19.4%
Amounts payable within one year42/48	€44k	€56k	▲ 27.1%
Trade debts44	€10k	€22k	▲ 113%
Suppliers440/4	€10k	€22k	▲ 113%
Taxes, remuneration and social security45	€11k	€20k	▲ 86.3%
Taxes450/3	€9k	€15k	▲ 63.2%
Remuneration and social security454/9	€2k	€5k	▲ 206%
Other amounts payable47/48	€23k	€13k	▼ 40.8%
Accrued charges and deferred income492/3	€862	€3k	▲ 240%

Line	2024	2025	Change
Profit (loss) for the period9904	€34k	€19k	▼ 44.5%
+ Depreciation and write-downs630	€15k	€9k	▼ 39.0%
Operating cash flow (approximation)	€50k	€28k	▼ 42.8%
Investment in fixed assets (approximation)	-	€0	-
Change in cash	-	€-425	-

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

All 3Gazette 1Filings 2

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

2026

07-09

State Gazette act Registered office

Registered-office move2 facts ▸

General meeting, 11-08-2026
Registered-office move, Rue du Geer, 11 à 4250 GEER

14-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

16-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

State Gazette actNBB filing

1 of 2 acts read

About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Geer · 1 establishment unit since 2023

seat establishment The establishment unit on the map

Ground area

2,385 m²

Building footprint

97 m²

Volume, LiDAR

542 m³

Parcel 64043A0132/00S000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MENUISERIE GRECO

Rue du Geer(LSS) 11, 4250 GeerJoinery installation

since 20232.347.696.146

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
64043A0132/00S000	Wallonia	2,385 m²	1 · 97 m²	6.6 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.

Recognitions · licences · registrations

Recognised contractor

3 categories

MENUISERIE GRECO SRL44254

category D20, class 1 · category D4, class 1 · category D5, class 1

decision 16-10-2024

Similar companies · same sector, comparable size

MANNAX-wood solutions

Maasmechelen · Eq €59,665

Van den Broeck

BE 0464.838.054

Heist-op-den-Berg · Eq €59,718

MURGIA MENUISERIE

BE 0767.622.465

Andenne · Eq €59,549

Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 7,525 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

Founded21-06-2023

Fiscal year end31-12

Activities, NACEBEL 2025

43320Joinery installation

43343Specialised construction activities

43410Roofing work

43421Specialised construction activities

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