MEUBLES & CUISINES PONCELET
ActiveSummary
MEUBLES & CUISINES PONCELET has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €569k and a net result of €215k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+6
Solvency56▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.61 in 2024; short-term debt: 53.2% and cash: 30.7% of total assets), and 68.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.2%
Return on assets
11.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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
3 d late
2024
19 d late
2023
14 d late
2022
23 d late
2021
19 d late
2020
2 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€215k▲ 80.0%
2024 · €119k
2018: €25k
2019: €13k
2020: €100k
2021: €107k
2022: €240k
2023: €33k
2024: €119k
2018 → 2025
Working capital
€271k▼ 43.5%
2024 · €480k
2018: €212k
2019: €199k
2020: €303k
2021: €25k
2022: €343k
2023: €366k
2024: €480k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€472k-€686k▲ 45.2%€718k▲ 4.8%€800k▲ 11.4%€569k▼ 28.9%
Operating result€95k-€296k▲ 213%€25k▼ 91.6%€150k▲ 500%€281k▲ 87.2%
Net result€107k-€240k▲ 124%€33k▼ 86.3%€119k▲ 264%€215k▲ 80.0%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 87% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.82M
Fixed assets
€581k ▼ 8.7%
Current assets
€1.24M ▼ 1.6%
Equity and liabilities €1.82M
Equity
€569k ▼ 28.9%
Debt
€1.25M ▲ 14.2%
Debt's share of the balance-sheet total rises from 57.9% to 68.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€362k▲
2024 · €236k
Cash flow
€296k▲
2024 · €205k
Current ratio
1.28▼
2024 · 1.61
Quick ratio
0.91▼
2024 · 1.23
Debt to equity
2.21▲
2024 · 1.37
ROE
37.7%▲
2024 · 14.9%
ROA
11.8%▲
2024 · 6.3%
Interest coverage
31.20▲
2024 · 16.65
Debt ≤ 1 year
€971k▲
2024 · €782k
Debt > 1 year
€278k▼
2024 · €308k
Income taxes
€101k▲
2024 · €57k
Staff costs
€550k▼
2024 · €572k
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 · 2025 against 2024 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.90M€1.82M▼
Fixed assets21/28€636k€581k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€636k€581k▼
Land and buildings22€487k€458k▼
Plant, machinery and equipment23€104k€106k▲
Furniture and vehicles24€44k€17k▼
Financial fixed assets28€635€635=
Current assets29/58€1.26M€1.24M▼
Amounts receivable after more than one year29€120k-
Other amounts receivable291€120k-
Stocks and contracts in progress3€299k€358k▲
Stocks30/36€299k€358k▲
Amounts receivable within one year40/41€521k€312k▼
Trade receivables40€371k€218k▼
Other amounts receivable41€150k€94k▼
Cash at bank and in hand54/58€313k€560k▲
Deferred charges and accrued income490/1€8k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.90M€1.82M▼
Equity10/15€800k€569k▼
Contributions10/11€19k€19k=
Reserves13€708k€476k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€706k€474k▼
Profit (loss) carried forward14€74k€74k=
Amounts payable17/49€1.10M€1.25M▲
Amounts payable after more than one year17€308k€278k▼
Financial debts170/4€308k€278k▼
Amounts payable within one year42/48€782k€971k▲
Current portion of amounts payable after more than one year42€44k€30k▼
Trade debts44€54k€55k▲
Suppliers440/4€54k€55k▲
Advances received on contracts in progress46€414k€418k▲
Taxes, remuneration and social security45€137k€136k▼
Taxes450/3€62k€89k▲
Remuneration and social security454/9€74k€47k▼
Other amounts payable47/48€133k€332k▲
Accrued charges and deferred income492/3€8k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€572k€550k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€81k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-552€-8k▼
Other operating charges640/8€20k€18k▼
Non-recurring operating charges66A€740-
Gross operating margin9900€828k€922k▲
Operating profit (loss)9901€150k€281k▲
Financial income75/76B€40k€46k▲
Recurring financial income75€40k€46k▲
Financial charges65/66B€14k€12k▼
Recurring financial charges65€14k€12k▼
Profit (loss) for the period before taxes9903€176k€315k▲
Income taxes67/77€57k€101k▲
Profit (loss) for the period9904€119k€215k▲
Profit (loss) for the period to be appropriated9905€119k€215k▲
Appropriation of the result
Profit (loss) to be appropriated9906€193k€288k▲
Profit (loss) brought forward from the previous period14P€74k€74k▲
Transfer from equity791/2€38k€446k▲
Transfer to equity691/2€119k€215k▲
To the legal reserve6920-€215k
To other reserves6921€119k-
Profit to be distributed694/7€38k€446k▲
Return on contributions (dividend)694€38k€446k▲
Social balance
Average headcount (FTE)908710.110.1=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 19 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 14 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
31-12
Financial
Highest result since 2018net €240k ▲124%
Operating result €296k, net result €240k, both a record.
31-12
Financial
Equity above €500kEq €686k ▲45.2%
5 profitable years in a row build equity to €686k.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
31-12
Financial
Weakest financial yearnet €13k ▼49.3%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
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, Vaux-sur-Sûre · 1 establishment unit since 1991
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 de la Ronde Fagne,Berch 46640 Vaux-sur-SûreGround area
907 m²
Building footprint
464 m²
Volume, LiDAR
2,206 m³
Parcel 84031A2422/00K000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Route de la Ronde Fagne,Berch 4, 6640 Vaux-sur-Sûre
since 19912.051.155.466
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84031A2422/00K000 | Wallonia | 907 m² | 1 · 464 m² | 7.3 m · 2 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.
Similar companies · same sector, comparable size
MÖBEL & KÜCHEN HECK
BE 0421.817.861
Bütgenbach · Eq €569k
N.V. HEIM-POLLÉ
BE 0418.971.803
Pajottegem · Eq €568k
GOOSSENS
BE 0427.303.905
Aalst · Eq €565k
LIVE LINE
BE 0419.996.142
Villers-la-Ville · Eq €575k
EICHER BELGIUM
BE 0436.432.395
Malmedy · Eq €576k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,201 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 (pre-2019)
Founded29-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.