TOP MENUISERIE
ActiveTOP MENUISERIE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €2k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 2031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability21▼-8
Solvency62▲+13
Growth47▼-2
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.81 in 2024), and 56.2% 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 · 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 2025Solvency, return and age of the figures
Solvency
43.8%
Return on assets
0.9%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-05-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
92 d early
2023
29 d late
2022
47 d early
2021
41 d early
2020
45 d early
2019
53 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€759k▼ 13.3%
2024 · €876k
2018: €734k
2019: €811k
2020: €775k
2021: €894k
2022: €828k
2023: €1.04M
2024: €876k
2018 → 2025
EBIT margin
0.6%▼ 0.6pp
2024 · 1.2%
2018: 2.8%
2019: 5.0%
2020: 2.7%
2021: 2.4%
2022: 3.2%
2023: 4.2%
2024: 1.2%
2018 → 2025
Net result
€2k▼ 61.5%
2024 · €6k
2018: €24k
2019: €29k
2020: €19k
2021: €21k
2022: €27k
2023: €44k
2024: €6k
2018 → 2025
Working capital
€-22k▲ 22.5%
2024 · €-28k
2018: €19k
2019: €26k
2020: €22k
2021: €-9k
2022: €-9k
2023: €-27k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€894k-€828k▼ 7.4%€1.04M▲ 25.5%€876k▼ 15.6%€759k▼ 13.3%
Equity€93k-€95k▲ 1.3%€103k▲ 9.1%€109k▲ 5.7%€111k▲ 2.1%
Operating result€21k-€26k▲ 22.8%€44k▲ 67.4%€11k▼ 75.8%€5k▼ 54.9%
Net result€21k-€27k▲ 29.1%€44k▲ 64.6%€6k▼ 86.8%€2k▼ 61.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 55% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255k
Fixed assets
€157k▼ 22.3%
Current assets
€97k▼ 20.1%
Equity and liabilities €255k
Equity
€111k▲ 2.1%
Debt
€143k▼ 33.5%
The debt ratio falls from 66.3% to 56.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€41k▼
2024 · €54k
Cash flow
€39k▼
2024 · €49k
Solvency
43.8%▲
2024 · 33.7%
Current ratio
0.82▲
2024 · 0.81
Quick ratio
0.54▼
2024 · 0.61
Debt / equity
1.28▼
2024 · 1.97
ROE
2.0%▼
2024 · 5.4%
ROA
0.9%▼
2024 · 1.8%
Interest coverage
9.10▼
2024 · 9.37
Debt
€143k▼
2024 · €215k
Debt ≤ 1 year
€119k▼
2024 · €150k
Debt > 1 year
€24k▼
2024 · €65k
Income taxes
€2k▼
2024 · €11k
Staff costs
€132k▼
2024 · €162k
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€324k€255k▼
Fixed assets21/28€202k€157k▼
Tangible fixed assets22/27€202k€157k▼
Land and buildings22€106k€95k▼
Plant, machinery and equipment23€17k€14k▼
Furniture and vehicles24€9k-
Leasing and similar rights25€70k€49k▼
Financial fixed assets28€219€219=
Current assets29/58€122k€97k▼
Stocks and contracts in progress3€30k€33k▲
Stocks30/36€30k€33k▲
Amounts receivable within one year40/41€11k€47k▲
Trade receivables40-€39k
Other amounts receivable41€11k€7k▼
Cash at bank and in hand54/58€79k€17k▼
Deferred charges and accrued income490/1€2k€854▼
Equity and liabilities
Total equity and liabilities10/49€324k€255k▼
Equity10/15€109k€111k▲
Contributions10/11€11k€11k=
Capital10€11k-
Issued capital100€11k-
Reserves13€6k€8k▲
Distributable reserves133€6k€8k▲
Profit (loss) carried forward14€92k€92k=
Amounts payable17/49€215k€143k▼
Amounts payable after more than one year17€65k€24k▼
Financial debts170/4€65k€24k▼
Amounts payable within one year42/48€150k€119k▼
Current portion of amounts payable after more than one year42€51k€41k▼
Trade debts44€2k€59k▲
Suppliers440/4€2k€59k▲
Advances received on contracts in progress46€72k-
Taxes, remuneration and social security45€24k€17k▼
Taxes450/3€10k€7k▼
Remuneration and social security454/9€14k€10k▼
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Turnover70€876k€759k▼
Goods, raw materials, services and sundry goods60/61€652k€578k▼
Remuneration, social security and pensions62€162k€132k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€36k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€224k€181k▼
Operating profit (loss)9901€11k€5k▼
Financial income75/76B€12k€4k▼
Recurring financial income75€12k€4k▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€16k€4k▼
Income taxes67/77€11k€2k▼
Profit (loss) for the period9904€6k€2k▼
Profit (loss) for the period to be appropriated9905€6k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€95k▼
Profit (loss) brought forward from the previous period14P€92k€92k▲
Transfer to equity691/2€6k€2k▼
To other reserves6921€6k€2k▼
Social balance
Average headcount (FTE)90873.03.0=
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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €2k ▼61.5%
Net result drops to €2k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €44k ▲64.6%
Operating result €44k, net result €44k, both a record.
31-12
Financial
Equity above €100kEq €103k ▲9.1%
6 profitable years in a row build equity to €103k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Bernissart · 1 establishment unit since 2003
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 l'Industrie(HAR) 117321 BernissartGround area
1,365 m²
Building footprint
314 m²
Volume, LiDAR
1,217 m³
2 parcels, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue d'Harchies(POM) 11 C, 7322 Bernissart
since 20032.127.025.797
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51472A0370/00X000 | Wallonia | 1,091 m² | 1 · 247 m² | 7.8 m · 2 fl. |
| 51049A0255/00E002 | Wallonia | 274 m² | 1 · 67 m² | - |
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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HOUTWERKEN J. & R. DEVOS
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HOUTZAGERIJ CLAESSENS
BE 0420.550.626
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The A-Team
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Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 7,677 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-2003
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.