Menuiserie SIQUET

Active

Private limited companyfounded 199135 yrs activeAvenue Albert-Ier 91, 4030 Liège, BelgiumKBO/BCE: BE 0443.746.888

Summary

Menuiserie SIQUET has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€3,055. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 7967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch Report Compare

Menuiserie SIQUETActiveChecked score 55/100

Risk analysis Report Compare

Checked score

Score 2025

55 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability41▼-41

Solvency57▼-8

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €65,000 at 30 days acceptable

Liquidity short (current ratio 0.35 against 1.92 in 2024; short-term debt: 23.7% and cash: 1.3% of total assets), and 67.9% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

32.1%

Return on assets

-0.1%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

9 d early

2024

9 d late

2023

8 d late

2022

16 d late

2021

9 d late

2020

8 d early

2019

1 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 9 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 1 April 1991, Menuiserie SIQUET was incorporated.¹ In 2026 the registered office moved to Grivegnée.² XYLLOME-MENUISERIE GENERALE was merged into the company in 2026.³

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Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

-€3,055

2024 · €79,499

Working capital

-€585,187

2024 · €175,544

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 68% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.8m

91.7%

Fixed assets €3.5m ▲ 807%

Current assets €313,095 ▼ 14.6%

Equity and liabilities €3.8m

32.1%

67.9%

Equity €1.2m ▲ 302%

Debt €2.6m ▲ 475%

Debt's share of the balance-sheet total rises from 59.7% to 67.9%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€116,619▼

2024 · €190,118

Cash flow

€77,768▼

2024 · €159,393

Quick ratio

0.24▼

2024 · 1.21

Debt to equity

2.12▲

2024 · 1.48

ROE

-0.3%▼

2024 · 26.3%

Interest coverage

2.70▼

2024 · 9.02

Debt ≤ 1 year

€898,283▲

2024 · €190,947

Debt > 1 year

€1.7m▲

2024 · €256,556

Staff costs

€235,125▲

2024 · €144,685

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines

Balance sheet Code20242025

Assets

Total assets20/58€749,915€3.8m▲

Fixed assets21/28€383,424€3.5m▲

Intangible fixed assets21-€0

Tangible fixed assets22/27€383,179€1.2m▲

Land and buildings22€20,264€941,979▲

Plant, machinery and equipment23€355,101€285,656▼

Furniture and vehicles24€7,814€634▼

Financial fixed assets28€245€2.3m▲

Current assets29/58€366,491€313,095▼

Stocks and contracts in progress3€134,614€98,540▼

Stocks30/36€134,614€98,540▼

Amounts receivable within one year40/41€104,313€164,324▲

Trade receivables40€82,500€146,055▲

Other amounts receivable41€21,813€18,269▼

Cash at bank and in hand54/58€127,479€50,231▼

Deferred charges and accrued income490/1€85-

Equity and liabilities

Total equity and liabilities10/49€749,915€3.8m▲

Equity10/15€302,412€1.2m▲

Contributions10/11€18,550€20,405▲

Revaluation surpluses12-€921,913

Reserves13€20,825€18,970▼

Non-distributable reserves130/1€1,855-

Reserves not available under the articles1311€1,855-

Tax-exempt reserves132€18,970€18,970=

Profit (loss) carried forward14€243,766€240,710▼

Investment grants15€19,271€14,453▼

Amounts payable17/49€447,503€2.6m▲

Amounts payable after more than one year17€256,556€1.7m▲

Financial debts170/4€256,556€1.7m▲

Amounts payable within one year42/48€190,947€898,283▲

Current portion of amounts payable after more than one year42€76,169€187,381▲

Financial debts43-€600,000

Credit institutions430/8-€600,000

Trade debts44€94,704€31,416▼

Suppliers440/4€94,704€31,416▼

Advances received on contracts in progress46-€3,439

Taxes, remuneration and social security45€20,035€76,008▲

Taxes450/3€14,800€17,752▲

Remuneration and social security454/9€5,235€58,256▲

Other amounts payable47/48€39€39▼

Income statement Code20242025

Remuneration, social security and pensions62€144,685€235,125▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79,894€80,823▲

Other operating charges640/8€7,577€7,825▲

Gross operating margin9900€342,380€359,569▲

Operating profit (loss)9901€110,224€35,796▼

Financial income75/76B€4,818€4,982▲

Recurring financial income75€4,818€4,982▲

Financial charges65/66B€21,079€43,834▲

Recurring financial charges65€21,079€43,239▲

Non-recurring financial charges66B-€595

Profit (loss) for the period before taxes9903€93,963-€3,055▼

Income taxes67/77€14,464-

Profit (loss) for the period9904€79,499-€3,055▼

Profit (loss) for the period to be appropriated9905€79,499-€3,055▼

Appropriation of the result

Profit (loss) to be appropriated9906€243,766€240,710▼

Profit (loss) brought forward from the previous period14P€164,267€243,766▲

Social balance

Average headcount (FTE)90873.15.3▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Non-recurring operating income76A	€826	€2,236	-	-	-	-
Remuneration, social security and pensions62	€187,386	€150,241	€146,831	€144,685	€235,125	▲ 62.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€30,621	€38,329	€87,387	€79,894	€80,823	▲ 1.2%
Other operating charges640/8	€7,130	€6,993	€7,161	€7,577	€7,825	▲ 3.3%
Gross operating margin9900	€214,344	€283,012	€236,628	€342,380	€359,569	▲ 5.0%
Operating profit (loss)9901	-€10,793	€87,449	-€4,751	€110,224	€35,796	▼ 67.5%
Financial income75/76B	€5	€138	€1	€4,818	€4,982	▲ 3.4%
Recurring financial income75	€5	€138	€1	€4,818	€4,982	▲ 3.4%
Financial charges65/66B	€1,255	€11,781	€24,432	€21,079	€43,834	▲ 108%
Recurring financial charges65	€1,255	€11,781	€24,432	€21,079	€43,239	▲ 105%
Non-recurring financial charges66B	-	-	-	-	€595	-
Profit (loss) for the period before taxes9903	-€12,043	€75,806	-€29,182	€93,963	-€3,055	▼ 103%
Income taxes67/77	-	-	-	€14,464	-	-
Profit (loss) for the period9904	-€12,043	€75,806	-€29,182	€79,499	-€3,055	▼ 104%
Profit (loss) for the period to be appropriated9905	-€12,043	€75,806	-€29,182	€79,499	-€3,055	▼ 104%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€291,886	€752,209	€657,324	€749,915	€3.8m	▲ 406%
Fixed assets21/28	€124,118	€543,861	€456,974	€383,424	€3.5m	▲ 807%
Intangible fixed assets21	-	-	-	-	€0	-
Tangible fixed assets22/27	€123,873	€543,616	€456,729	€383,179	€1.2m	▲ 221%
Land and buildings22	€26,835	€23,479	€20,462	€20,264	€941,979	▲ 4,549%
Plant, machinery and equipment23	€58,621	€493,697	€421,535	€355,101	€285,656	▼ 19.6%
Furniture and vehicles24	€38,417	€26,440	€14,732	€7,814	€634	▼ 91.9%
Financial fixed assets28	€245	€245	€245	€245	€2.3m	▲ 918,367%
Current assets29/58	€167,768	€208,348	€200,350	€366,491	€313,095	▼ 14.6%
Stocks and contracts in progress3	€34,101	€64,764	€41,935	€134,614	€98,540	▼ 26.8%
Stocks30/36	€34,101	€64,764	€41,935	€134,614	€98,540	▼ 26.8%
Amounts receivable within one year40/41	€24,835	€23,125	€78,071	€104,313	€164,324	▲ 57.5%
Trade receivables40	€10,344	€8,335	€57,613	€82,500	€146,055	▲ 77.0%
Other amounts receivable41	€14,491	€14,790	€20,458	€21,813	€18,269	▼ 16.2%
Cash at bank and in hand54/58	€108,518	€117,176	€80,084	€127,479	€50,231	▼ 60.6%
Deferred charges and accrued income490/1	€314	€3,283	€260	€85	-	-
Equity and liabilities
Total equity and liabilities10/49	€291,886	€752,209	€657,324	€749,915	€3.8m	▲ 406%
Equity10/15	€157,018	€232,824	€203,642	€302,412	€1.2m	▲ 302%
Contributions10/11	€18,550	€18,550	€18,550	€18,550	€20,405	▲ 10.0%
Revaluation surpluses12	-	-	-	-	€921,913	-
Reserves13	€20,825	€20,825	€20,825	€20,825	€18,970	▼ 8.9%
Non-distributable reserves130/1	€1,855	€1,855	€1,855	€1,855	-	-
Reserves not available under the articles1311	€1,855	€1,855	€1,855	€1,855	-	-
Tax-exempt reserves132	€18,970	€18,970	€18,970	€18,970	€18,970	=
Profit (loss) carried forward14	€117,643	€193,449	€164,267	€243,766	€240,710	▼ 1.3%
Investment grants15	-	-	-	€19,271	€14,453	▼ 25.0%
Amounts payable17/49	€134,868	€519,385	€453,682	€447,503	€2.6m	▲ 475%
Amounts payable after more than one year17	€45,185	€408,369	€332,725	€256,556	€1.7m	▲ 554%
Financial debts170/4	€45,185	€408,369	€332,725	€256,556	€1.7m	▲ 554%
Amounts payable within one year42/48	€89,683	€111,016	€120,957	€190,947	€898,283	▲ 370%
Current portion of amounts payable after more than one year42	€29,884	€75,434	€75,644	€76,169	€187,381	▲ 146%
Financial debts43	-	-	-	-	€600,000	-
Credit institutions430/8	-	-	-	-	€600,000	-
Trade debts44	€43,765	€26,179	€33,920	€94,704	€31,416	▼ 66.8%
Suppliers440/4	€43,765	€26,179	€33,920	€94,704	€31,416	▼ 66.8%
Advances received on contracts in progress46	-	-	-	-	€3,439	-
Taxes, remuneration and social security45	€15,572	€9,364	€11,354	€20,035	€76,008	▲ 279%
Taxes450/3	-	-	€323	€14,800	€17,752	▲ 19.9%
Remuneration and social security454/9	€15,572	€9,364	€11,031	€5,235	€58,256	▲ 1,013%
Other amounts payable47/48	€462	€39	€39	€39	€39	▼ 1.2%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	-€12,043	€75,806	-€29,182	€79,499	-€3,055	▼ 104%
+ Depreciation and write-downs630	€30,621	€38,329	€87,387	€79,894	€80,823	▲ 1.2%
Operating cash flow (approximation)	€18,578	€114,135	€58,205	€159,393	€77,768	▼ 51.2%
Investment in fixed assets (approximation)	-	-€458,072	-€500	-€6,344	-€3.2m	▼ 49,962%
Change in cash	-	€8,658	-€37,092	€47,395	-€77,248	▼ 263%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 19Financial 6Gazette 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

State Gazette act Registered office

Registered office clause · Registered-office move3 facts ▸

Other statement, 22-07-2026
Registered office clause, maintenu à l'adresse de l'ancien siège de Siquet SRL, transitoire
Registered-office move, Avenue Albert 1er 91, 4030 Grivegnée

24-07

State Gazette act Statutes amendment · Resignations & appointments · Miscellaneous

Merger · Shareholding · Name change5 facts ▸

General meeting, 22-07-2026
Merger, transfert de patrimoine assimilé à une fusion par absorption, 27-03-2026
Shareholding, 02-07-2025
Name change, XYLLOME
Power of attorney

22-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

11-05

State Gazette act Restructuring

Shareholding · Merger · Accounting effect11 facts ▸

Shareholding, 100
Merger, fusion par absorption, projet de fusion établi conjointement par les organes d'administration
Other statement, apports indisponibles hors capital, 20405
Other statement, apports indisponibles hors capital, 49500
Shareholding, 100
Other statement, modalités de remise des actions ou parts de la société absorbante, article 12:34 CSA
Accounting effect, 01-01-2026
Other statement, droits attribués aux associés ou actionnaires à droits spéciaux et titulaires de titres autres que les parts ou actions
Other statement, avantages particuliers attribués aux membres des organes d'administration des sociétés appelées à fusionner
Director in office, HOLDING LDDM (director)
Director in office, HOLDING LDDM (director)

2025

31-12

Financial Equity above €1mEq €1.2m ▲302%

Equity rises from €302,412 to €1.2m.

09-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 9 days late

2024

31-12

Financial Back to profitnet €79,499

Net result €79,499 after one loss-making year.

08-08

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 8 days late

2023

31-12

Financial Weakest financial yearnet -€29,182

Net result drops to -€29,182, the lowest in the series; recovery starts the following year.

16-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 16 days late

2022

31-12

Financial Back to profitnet €75,806

Net result €75,806 after one loss-making year.

31-12

Financial Equity above €200,000Eq €232,824 ▲48.3%

Equity rises from €157,018 to €232,824.

Show earlier events

09-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 9 days late

2021

23-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Equity above €150,000Eq €169,061 ▲16.9%

3 profitable years in a row build equity to €169,061.

30-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

08-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 8 days late

2018

23-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

13-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

3 of 10 acts read

About the unread acts

Of the 10 Belgian State Gazette acts we know for this company, 3 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

No directors read yet: 3 of 10 Gazette acts processed. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Liège · 2 establishment units since 2001

seat establishment All 2 establishment units on the map

Ground area

5,371 m²

Building footprint

2,298 m²

Volume, LiDAR

3,132 m³

2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

2 establishment units

XYLLOME

Rue de Lorcé 31, 4920 AywailleNACE 20101

since 20012.052.689.749

Xyllome

Avenue Albert-Ier 91, 4030 LiègeSawmilling and planing of wood

since 20262.393.269.221

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
61026A1220/00P000	Wallonia	3,315 m²	1 · 556 m²	8.8 m · 2 fl.
62047C1279/00T003	Wallonia	2,056 m²	1 · 1,742 m²	-

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Articles of association

Purpose

La société a pour objet tous les travaux de menuiserie,charpenterie et d'ébénisterie,et en général,tous travaux s'y rapportant directement ou indirectement,la vente…

Full purpose

La société a pour objet tous les travaux de menuiserie,charpenterie et d'ébénisterie,et en général,tous travaux s'y rapportant directement ou indirectement,la vente location,réparation,construction et transformation de toutes menuiseries bois et métalliques et/ou PVC et dérivés,ainsi que l'entreprise générale de construction par coordination de sous-traitance,entreprise d'isolation thermique et acoustique,scierie,commerce de détail et de gros en meubles et matériaux.

according to the deed of 11-05-2026

Other statement

One provision in the deed

according to the deed of 11-05-2026

Structure & network

Owners and holdings

1 owner

Chain of control

OPTIME 100%
Menuiserie SIQUET

Highest known parent: OPTIME. The sources do not say who stands above it.

Owners 1

OPTIMEparent

Sourceaccounts OPTIME 2024

100%

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction

Took over:XYLLOME-MENUISERIE GENERALE

BE 0884.049.981operation treated as a merger by absorption · State Gazette act of 24-07-2026 (3 acts) · effective 22-07-2026

Recognitions · licences · registrations

Recognised contractor

6 categories

XYLLOME SRL33127

category D15, class 1 · category D20, class 4 · category D23, class 1 · category D24, class 4 · category D4, class 4 · category D5, class 4

decision 14-01-2025

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Company details

Identification

Legal formPrivate limited company

Founded01-04-1991

Fiscal year end31-12

Legal name FR XYLLOME

Activities, NACEBEL 2025

43320Joinery installation

16110Sawmilling and planing of wood

31004Manufacture of dining room, living room, bedroom and bathroom furniture

43230Insulation installation

43332Laying of wooden floor and wall coverings

43343Specialised construction activities

43410Roofing work

E-invoicing

Reachable via Peppol

Peppol ID 0208:0443746888

Registered 25-08-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.