MENUISERIE LOUYS JEREMY
ActiveThe computed 12-month bankruptcy probability of MENUISERIE LOUYS JEREMY is 1.6% (moderate). The annual accounts of MENUISERIE LOUYS JEREMY for fiscal year 2024 show a net loss of 82% of the equity at the start of that year. The 2024 annual accounts show equity of €4k and a net result of €-20k. Equity is shrinking by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 12% of 36378 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-29
Solvency30▼-18
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.72 against 0.93 in 2023; short-term debt: 87.4% and cash: 2.8% of total assets), and 94.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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 2024Solvency, return and age of the figures
Solvency
5.4%
Return on assets
-24.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-20k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 36378 sector peers (2024).
NBB · sector comparisonPosition among 36378 sector peers
Solvency
better than 12%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-01-2026, 172 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
172 d late
2023
124 d late
2022
29 d late
2021
40 d early
2020
32 d late
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€4k▼ 81.9%
2023 · €25k
2018: €16k
2019: €13k
2020: €12k
2021: €50k
2022: €36k
2023: €25k
2018 → 2024
Total assets
€82k▼ 24.3%
2023 · €109k
2018: €60k
2019: €55k
2020: €69k
2021: €133k
2022: €120k
2023: €109k
2018 → 2024
Net result
€-20k▼ 79.7%
2023 · €-11k
2018: €4k
2019: €-2k
2020: €-1k
2021: €7k
2022: €16k
2023: €-11k
2018 → 2024
Working capital
€-20k▼ 294%
2023 · €-5k
2018: €15k
2019: €12k
2020: €8k
2021: €15k
2022: €2k
2023: €-5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€50k▲ 302%€36k▼ 27.9%€25k▼ 31.3%€4k▼ 81.9%
Operating result€1k-€-17k€-7k▲ 56.4%€-9k▼ 22.5%€-14k▼ 57.1%
Net result€-1k-€7k€16k▲ 119%€-11k€-20k▼ 79.7%
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 €14k in 2024 against €9k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82k
Fixed assets
€30k▼ 30.0%
Current assets
€52k▼ 20.5%
Equity and liabilities €82k
Equity
€4k▼ 81.9%
Debt
€78k▼ 7.4%
The debt ratio rises from 77.3% to 94.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2023 · €7k
Cash flow
€-4k▼
2023 · €4k
Solvency
5.4%▼
2023 · 22.7%
Current ratio
0.72▼
2023 · 0.93
Quick ratio
0.72▼
2023 · 0.93
Debt / equity
17.40▲
2023 · 3.41
ROE
-451.0%▼
2023 · -45.6%
ROA
-24.5%▼
2023 · -10.3%
Interest coverage
0.36▼
2023 · 3.14
Debt
€78k▼
2023 · €84k
Debt ≤ 1 year
€72k▲
2023 · €70k
Debt > 1 year
€6k▼
2023 · €14k
Income taxes
€209▲
2023 · €202
Staff costs
€46k▲
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€109k€82k▼
Fixed assets21/28€43k€30k▼
Tangible fixed assets22/27€43k€30k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€2k€4k▲
Leasing and similar rights25€30k€19k▼
Current assets29/58€65k€52k▼
Amounts receivable within one year40/41€59k€49k▼
Trade receivables40€11k€13k▲
Other amounts receivable41€48k€36k▼
Cash at bank and in hand54/58€6k€2k▼
Deferred charges and accrued income490/1€1k€154▼
Equity and liabilities
Total equity and liabilities10/49€109k€82k▼
Equity10/15€25k€4k▼
Contributions10/11€13k€13k=
Reserves13€18k€18k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€-7k€-27k▼
Amounts payable17/49€84k€78k▼
Amounts payable after more than one year17€14k€6k▼
Financial debts170/4€14k€6k▼
Amounts payable within one year42/48€70k€72k▲
Current portion of amounts payable after more than one year42€8k€7k▼
Trade debts44€54k€54k▲
Suppliers440/4€54k€54k▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€7k€8k▲
Income statement
Code20232024
Remuneration, social security and pensions62€19k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€27k€50k▲
Operating profit (loss)9901€-9k€-14k▼
Financial income75/76B€44€110▲
Recurring financial income75€44€110▲
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€-11k€-20k▼
Income taxes67/77€202€209▲
Profit (loss) for the period9904€-11k€-20k▼
Profit (loss) for the period to be appropriated9905€-11k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-27k▼
Profit (loss) brought forward from the previous period14P€5k€-7k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 172 days late
2024
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 124 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €16k ▲119%
Net result €16k, the highest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herve · 1 establishment unit since 2013
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.
Route des Xhawirs 954652 HerveGround area
796 m²
Building footprint
167 m²
Volume, LiDAR
1,008 m³
2 parcels, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MENUISERIE LOUYS JEREMY
since 20132.217.235.995
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63085A0081/00C002 | Wallonia | 654 m² | 1 · 122 m² | 6.8 m · 2 fl. |
| 63035A0235/00A000 | Wallonia | 142 m² | 1 · 45 m² | 10.0 m · 3 fl. |
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 20,025 companies in sector 43320 we hold annual accounts for 9,136. 2,835 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2012
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.