DIFFELS MENUISERIE
ActiveSummary
DIFFELS MENUISERIE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €27k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
71
/ 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
Profitability76▲+9
Solvency54▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.11 in 2024; short-term debt: 18.8% and cash: 20.2% of total assets), but 71% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · 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
29%
Return on assets
6.4%
Age of the figures
9 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 11-06-2026, 50 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
50 d early
2024
50 d early
2023
28 d late
2022
31 d late
2021
29 d late
2020
90 d late
2019
25 d early
← 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, micro schema
Equity
€122k▲ 28.3%
2024 · €95k
2018: €54k
2019: €55k
2020: €56k
2021: €61k
2022: €113k
2023: €94k
2024: €95k
2018 → 2025
Total assets
€422k▼ 2.0%
2024 · €431k
2018: €115k
2019: €174k
2020: €163k
2021: €184k
2022: €185k
2023: €424k
2024: €431k
2018 → 2025
Net result
€27k▼ 5.6%
2024 · €29k
2018: €48k
2019: €1k
2020: €1k
2021: €4k
2022: €58k
2023: €-19k
2024: €29k
2018 → 2025
Working capital
€42k▲ 285%
2024 · €11k
2018: €38k
2019: €56k
2020: €55k
2021: €51k
2022: €101k
2023: €20k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€113k▲ 86.5%€94k▼ 17.0%€95k▲ 1.7%€122k▲ 28.3%
Operating result€11k-€77k▲ 611%€-13k€42k€46k▲ 10.8%
Net result€4k-€58k▲ 1,312%€-19k€29k€27k▼ 5.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €422k
Fixed assets
€300k ▼ 7.1%
Current assets
€122k ▲ 13.3%
Equity and liabilities €422k
Equity
€122k ▲ 28.3%
Debt
€300k ▼ 10.6%
Debt's share of the balance-sheet total falls from 77.9% to 71.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▲
2024 · €68k
Cash flow
€53k▼
2024 · €55k
Current ratio
1.53▲
2024 · 1.11
Quick ratio
1.16▲
2024 · 0.80
Debt to equity
2.45▼
2024 · 3.52
ROE
22.1%▼
2024 · 30.0%
ROA
6.4%▼
2024 · 6.6%
Interest coverage
5.89▲
2024 · 4.85
Debt ≤ 1 year
€79k▼
2024 · €96k
Debt > 1 year
€220k▼
2024 · €239k
Income taxes
€11k▲
2024 · €3k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€431k€422k▼
Fixed assets21/28€323k€300k▼
Intangible fixed assets21€477-
Tangible fixed assets22/27€323k€300k▼
Land and buildings22€278k€270k▼
Plant, machinery and equipment23€27k€15k▼
Furniture and vehicles24€16k€13k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€107k€122k▲
Stocks and contracts in progress3€30k€29k▼
Stocks30/36€30k€29k▼
Amounts receivable within one year40/41€17k€3k▼
Trade receivables40€6k€1k▼
Other amounts receivable41€11k€1k▼
Cash at bank and in hand54/58€59k€85k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€431k€422k▼
Equity10/15€95k€122k▲
Contributions10/11€6k€6k=
Reserves13€89k€116k▲
Distributable reserves133€89k€116k▲
Amounts payable17/49€335k€300k▼
Amounts payable after more than one year17€239k€220k▼
Financial debts170/4€239k€220k▼
Amounts payable within one year42/48€96k€79k▼
Current portion of amounts payable after more than one year42€26k€19k▼
Trade debts44€936€3k▲
Suppliers440/4€936€3k▲
Taxes, remuneration and social security45€11k€24k▲
Taxes450/3€11k€24k▲
Other amounts payable47/48€59k€34k▼
Income statement
Code20242025
Non-recurring operating income76A€826-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€69k€74k▲
Operating profit (loss)9901€42k€46k▲
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€14k€12k▼
Recurring financial charges65€14k€12k▼
Profit (loss) for the period before taxes9903€31k€38k▲
Income taxes67/77€3k€11k▲
Profit (loss) for the period9904€29k€27k▼
Profit (loss) for the period to be appropriated9905€29k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€27k▲
Profit (loss) brought forward from the previous period14P€-19k-
Transfer from equity791/2€27k-
Transfer to equity691/2€10k€27k▲
To other reserves6921€10k€27k▲
Profit to be distributed694/7€27k-
Return on contributions (dividend)694€27k-
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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €122k ▲28.3%
2 profitable years in a row build equity to €122k.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €58k ▲1,312%
Operating result €77k, net result €58k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.25
Current ratio from 1.60 to 3.25; short-term debt falls from €84k to €45k.
31-12
Financial
Equity above €100kEq €113k ▲86.5%
5 profitable years in a row build equity to €113k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Malmedy · 1 establishment unit since 2017
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.
Bernister-Route des Planerèsses 414960 Malmedy1 establishment unit
DIFFELS MENUISERIE
since 20172.265.933.262
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INTEGRAL
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,704 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
Founded03-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
43120Site preparation
43230Insulation installation
43332Laying of wooden floor and wall coverings
43343Specialised construction activities
43410Roofing work
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filings
Scores and ratios are computed by Checked and are not a credit decision.