MENUISUD
ActiveMENUISUD has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €705k and a net result of €108k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+2
Solvency91▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.58 in 2023; short-term debt: 34.2% and cash: 49% of total assets), and 34.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
65.8%
Return on assets
10%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-05-2025, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
64 d early
2023
22 d late
2022
11 d late
2021
25 d late
2020
12 d early
2019
68 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€108k▲ 27.4%
2023 · €84k
2018: €45k
2019: €33k
2020: €40k
2021: €39k
2022: €69k
2023: €84k
2018 → 2024
Working capital
€341k▲ 33.1%
2023 · €256k
2018: €247k
2019: €262k
2020: €317k
2021: €356k
2022: €429k
2023: €256k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€686k-€722k▲ 5.2%€788k▲ 9.1%€600k▼ 23.9%€705k▲ 17.4%
Operating result€66k-€55k▼ 16.0%€85k▲ 53.9%€137k▲ 61.0%€148k▲ 8.2%
Net result€40k-€39k▼ 2.1%€69k▲ 77.3%€84k▲ 22.4%€108k▲ 27.4%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 8% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.07M
Fixed assets
€364k▲ 2.2%
Current assets
€707k▲ 1.7%
Equity and liabilities €1.07M
Equity
€705k▲ 17.4%
Debt
€366k▼ 18.9%
The debt ratio falls from 42.9% to 34.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€195k▲
2023 · €187k
Cash flow
€155k▲
2023 · €135k
Solvency
65.8%▲
2023 · 57.1%
Current ratio
1.93▲
2023 · 1.58
Quick ratio
1.73▲
2023 · 1.40
Debt / equity
0.52▼
2023 · 0.75
ROE
15.3%▲
2023 · 14.1%
ROA
10.0%▲
2023 · 8.0%
Interest coverage
34.63▼
2023 · 35.78
Debt
€366k▼
2023 · €451k
Debt ≤ 1 year
€366k▼
2023 · €439k
Income taxes
€39k▼
2023 · €50k
Staff costs
€198k▼
2023 · €235k
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€1.05M€1.07M▲
Fixed assets21/28€356k€364k▲
Tangible fixed assets22/27€356k€364k▲
Land and buildings22€351k€309k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€4k€53k▲
Financial fixed assets28€62€62=
Current assets29/58€695k€707k▲
Stocks and contracts in progress3€81k€75k▼
Stocks30/36€81k€75k▼
Amounts receivable within one year40/41€199k€108k▼
Trade receivables40€176k€83k▼
Other amounts receivable41€23k€25k▲
Cash at bank and in hand54/58€416k€524k▲
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.07M▲
Equity10/15€600k€705k▲
Reserves13€154k€154k=
Non-distributable reserves130/1€54k€54k=
Reserves not available under the articles1311€54k€54k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€438k€546k▲
Investment grants15€7k€5k▼
Amounts payable17/49€451k€366k▼
Amounts payable after more than one year17€12k-
Financial debts170/4€12k-
Amounts payable within one year42/48€439k€366k▼
Current portion of amounts payable after more than one year42€35k€12k▼
Trade debts44€81k€135k▲
Suppliers440/4€81k€135k▲
Taxes, remuneration and social security45€47k€46k▼
Taxes450/3€30k€30k▼
Remuneration and social security454/9€17k€17k▲
Other amounts payable47/48€276k€172k▼
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€235k€198k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€47k▼
Other operating charges640/8€12k€11k▼
Gross operating margin9900€434k€404k▼
Operating profit (loss)9901€137k€148k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€134k€147k▲
Income taxes67/77€50k€39k▼
Profit (loss) for the period9904€84k€108k▲
Profit (loss) for the period to be appropriated9905€84k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€438k€546k▲
Profit (loss) brought forward from the previous period14P€354k€438k▲
Social balance
Average headcount (FTE)9087-5.1
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €108k ▲27.4%
Operating result €148k, net result €108k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 68 days late
2019
31-12
Financial
Weakest financial yearnet €33k ▼26.8%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 17 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
01-07
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
4 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, Habay · 1 establishment unit since 1996
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.
Avenue de la Gare 836720 HabayGround area
3,039 m²
Building footprint
156 m²
Volume, LiDAR
1,400 m³
Parcel 85014A0964/00H003, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de la Gare 83, 6720 Habay
since 19962.074.865.830
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85014A0964/00H003 | Wallonia | 3,039 m² | 1 · 156 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 categoriesMENUISUD SRL22424
Similar companies · same sector, comparable size
BATTYBOIS
BE 0429.104.838
Clavier · Eq €705k
sistem
BE 0842.130.739
Aalter · Eq €704k
SCHRIJNWERKERIJ J. EYKENS
BE 0450.456.518
Lille · Eq €705k
HEGA
BE 0444.808.346
Wuustwezel · Eq €704k
LEFEVERE CHRIS
BE 0475.145.194
Ledegem · Eq €703k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 5,213 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1995
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.