MENUISERIE NICOLAS
ActiveSummary
MENUISERIE NICOLAS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €99k and a net result of €15k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+25
Solvency66▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.47 in 2023; short-term debt: 38.1% and cash: 27.3% of total assets), and 59.4% 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
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 →
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 · 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
40.6%
Return on assets
5.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
139 d late
2022
31 d late
2021
99 d late
2020
142 d late
2019
151 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€99k▲ 4.8%
2023 · €95k
2018: €71k
2019: €78k
2020: €90k
2021: €92k
2022: €93k
2023: €95k
2018 → 2024
Total assets
€245k▼ 10.6%
2023 · €274k
2018: €283k
2019: €259k
2020: €255k
2021: €244k
2022: €232k
2023: €274k
2018 → 2024
Net result
€15k▲ 117%
2023 · €7k
2018: €2k
2019: €6k
2020: €13k
2021: €1k
2022: €2k
2023: €7k
2018 → 2024
Working capital
€18k▼ 71.2%
2023 · €61k
2018: €25k
2019: €46k
2020: €64k
2021: €73k
2022: €66k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€90k-€92k▲ 1.4%€93k▲ 1.8%€95k▲ 1.8%€99k▲ 4.8%
Operating result€21k-€6k▼ 72.1%€5k▼ 13.7%€20k▲ 298%€23k▲ 15.7%
Net result€13k-€1k▼ 89.8%€2k▲ 23.1%€7k▲ 318%€15k▲ 117%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €245k
Fixed assets
€134k ▲ 62.6%
Current assets
€111k ▼ 42.1%
Equity and liabilities €245k
Equity
€99k ▲ 4.8%
Debt
€146k ▼ 18.7%
Debt's share of the balance-sheet total falls from 65.4% to 59.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2023 · €39k
Cash flow
€39k▲
2023 · €25k
Current ratio
1.19▼
2023 · 1.47
Quick ratio
1.02▼
2023 · 1.12
Debt to equity
1.47▼
2023 · 1.89
ROE
14.6%▲
2023 · 7.1%
ROA
5.9%▲
2023 · 2.4%
Interest coverage
15.23▲
2023 · 3.52
Debt ≤ 1 year
€93k▼
2023 · €131k
Debt > 1 year
€52k▲
2023 · €49k
Income taxes
€6k▲
2023 · €2k
Staff costs
€354▲
2023 · €120
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 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€274k€245k▼
Fixed assets21/28€83k€134k▲
Tangible fixed assets22/27€83k€134k▲
Land and buildings22€73k€59k▼
Plant, machinery and equipment23€10k€10k▼
Furniture and vehicles24-€66k
Current assets29/58€192k€111k▼
Stocks and contracts in progress3€45k€15k▼
Stocks30/36€45k€15k▼
Amounts receivable within one year40/41€59k€28k▼
Trade receivables40€55k€17k▼
Other amounts receivable41€3k€11k▲
Current investments50/53€26€26=
Cash at bank and in hand54/58€87k€67k▼
Deferred charges and accrued income490/1€1k€841▼
Equity and liabilities
Total equity and liabilities10/49€274k€245k▼
Equity10/15€95k€99k▲
Contributions10/11€8k€8k=
Reserves13€69k€69k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€18k€23k▲
Amounts payable17/49€179k€146k▼
Amounts payable after more than one year17€49k€52k▲
Financial debts170/4€49k€52k▲
Amounts payable within one year42/48€131k€93k▼
Current portion of amounts payable after more than one year42€20k€41k▲
Trade debts44€74k€21k▼
Suppliers440/4€74k€21k▼
Advances received on contracts in progress46€27k€15k▼
Taxes, remuneration and social security45€2k€6k▲
Taxes450/3€2k€6k▲
Other amounts payable47/48€7k€10k▲
Income statement
Code20232024
Remuneration, social security and pensions62€120€354▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€25k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€42k€53k▲
Operating profit (loss)9901€20k€23k▲
Financial income75/76B€68€286▲
Recurring financial income75€68€286▲
Financial charges65/66B€11k€3k▼
Recurring financial charges65€11k€3k▼
Profit (loss) for the period before taxes9903€9k€20k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€7k€15k▲
Profit (loss) for the period to be appropriated9905€7k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€33k▲
Profit (loss) brought forward from the previous period14P€19k€18k▼
Transfer from equity791/2€2k-
Transfer to equity691/2€5k-
To contributions691€2k-
To other reserves6921€3k-
Profit to be distributed694/7€5k€10k▲
Return on contributions (dividend)694€5k€10k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €15k ▲117%
Operating result €23k, net result €15k, both a record.
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 139 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 99 days late
2021
31-12
Financial
Weakest financial yearnet €1k ▼89.8%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
20-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 142 days late
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2019
13-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 74 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Yvoir · 1 establishment unit since 1999
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 de la Fontaine, Dorinne 105530 YvoirGround area
1.2 ha
Building footprint
727 m²
Volume, LiDAR
4,552 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Tilleuls 12, 5537 Anhée
since 19992.092.485.582
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91005A0285/00A000 | Wallonia | 1.2 ha | 1 · 677 m² | 8.3 m · 2 fl. |
| 91036A0326/00R000 | Wallonia | 109 m² | 1 · 50 m² | 4.2 m |
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.
Similar companies · same sector, comparable size
SCHRIJNWERKERIJ ACKE
BE 0443.489.938
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VANDEN BERGHE JONAS
BE 0740.964.390
Lievegem · Eq €99,456
TDS ALGEMEEN SCHRIJNWERK
BE 0754.736.412
Brugge · Eq €99,515
WOODMASTERS
BE 0819.953.767
Peer · Eq €99,521
T.C. DESIGN
BE 0450.313.788
Dessel · Eq €99,536
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,713 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
Founded28-09-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0486/79 18 15