TL MENUISERIE
ActiveThe computed 12-month bankruptcy probability of TL MENUISERIE is 4.1% (elevated). The 2025 annual accounts show equity of €32k and a net result of €12k. Equity is growing by ~59.6% per year across the filed fiscal years. Its solvency ranks better than 72% of 27358 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+6
Solvency100▲+5
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 1.95 in 2024), and 32.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
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
67.9%
Return on assets
25.7%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 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 · 3 filingsDeviation from the deadline
2025
4 d late
2024
3 d late
2023
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€193k▼ 22.8%
2024 · €250k
2024: €250k
2024 → 2025
EBIT margin
8.1%▲ 2.2pp
2024 · 5.9%
2024: 5.9%
2024 → 2025
Net result
€12k▲ 4.8%
2024 · €12k
2023: €5k
2024: €12k
2023 → 2025
Working capital
€29k▲ 60.0%
2024 · €18k
2023: €7k
2024: €18k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€250k€193k▼ 22.8%
Equity€8k-€20k▲ 139%€32k▲ 61.0%
Operating result€8k-€15k▲ 82.4%€16k▲ 5.7%
Net result€5k-€12k▲ 119%€12k▲ 4.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 6% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47k
Fixed assets
€3k▲ 71.2%
Current assets
€44k▲ 18.9%
Equity and liabilities €47k
Equity
€32k▲ 61.0%
Debt
€15k▼ 20.2%
The debt ratio falls from 48.8% to 32.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€17k▲
2024 · €15k
Cash flow
€13k▲
2024 · €12k
Solvency
67.9%▲
2024 · 51.2%
Current ratio
2.91▲
2024 · 1.95
Quick ratio
2.91▲
2024 · 1.95
Debt / equity
0.47▼
2024 · 0.95
ROE
37.9%▼
2024 · 58.2%
ROA
25.7%▼
2024 · 29.8%
Interest coverage
50.79▼
2024 · 56.00
Debt
€15k▼
2024 · €19k
Debt ≤ 1 year
€15k▼
2024 · €19k
Income taxes
€3k▲
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€39k€47k▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24-€2k
Current assets29/58€37k€44k▲
Amounts receivable within one year40/41€17k€41k▲
Trade receivables40€15k€26k▲
Other amounts receivable41€2k€15k▲
Cash at bank and in hand54/58€20k€3k▼
Equity and liabilities
Total equity and liabilities10/49€39k€47k▲
Equity10/15€20k€32k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€17k€29k▲
Amounts payable17/49€19k€15k▼
Amounts payable within one year42/48€19k€15k▼
Trade debts44€12k€4k▼
Suppliers440/4€1k€3k▲
Bills of exchange payable441€11k€988▼
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€4k€6k▲
Income statement
Code20242025
Turnover70€250k€193k▼
Goods, raw materials, services and sundry goods60/61€234k€176k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€780€1k▲
Other operating charges640/8€403€887▲
Gross operating margin9900€16k€18k▲
Operating profit (loss)9901€15k€16k▲
Financial charges65/66B€277€327▲
Recurring financial charges65€277€327▲
Profit (loss) for the period before taxes9903€14k€15k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€12k€12k▲
Profit (loss) for the period to be appropriated9905€12k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€29k▲
Profit (loss) brought forward from the previous period14P€5k€17k▲
The notes to these accounts (5 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
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
30-06
Financial
Highest result since 2023net €12k ▲4.8%
Operating result €16k, net result €12k, both a record.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro 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, Jette · 1 establishment unit since 2022
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.
Odon Warlandlaan 251090 JetteGround area
375 m²
Building footprint
239 m²
Volume, LiDAR
3,223 m³
2 parcels, Brussels · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TL MENUISERIE
since 20222.327.895.872
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0003/00D033 | Brussels | 234 m² | 1 · 151 m² | 16.5 m · 5 fl. |
| 21464D0092/00Z006 | Brussels | 141 m² | 1 · 88 m² | 15.0 m · 4 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.
Similar companies · same sector, comparable size
MØBLER
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Yves Schippers
BE 1016.456.169
Boechout · Eq €32k
De Vlieger Alan
BE 1009.573.525
Dendermonde · Eq €32k
ADB-PROJECTS
BE 0790.885.936
Zulte · Eq €32k
ABP CHASSIS
BE 0897.780.035
Tubize · Eq €32k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 6,830 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2022
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
43332Laying of wooden floor and wall coverings
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.