Menuiserie FAYT
ActiveSummary
Menuiserie FAYT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.02M and a net result of €125k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-6
Solvency71▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 2.89 against 2.57 in 2023; short-term debt: 16.4% and cash: 22% of total assets), but 54% of the assets are financed with debt.
Credit advice 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 2024Solvency, return and age of the figures
Solvency
46%
Return on assets
5.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
6 d late
2023
40 d early
2022
25 d early
2021
25 d late
2020
85 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€125k▼ 41.5%
2023 · €213k
2018: €94k
2019: €93k
2020: €145k
2021: €67k
2022: €136k
2023: €213k
2018 → 2024
Working capital
€690k▲ 10.7%
2023 · €624k
2018: €269k
2019: €402k
2020: €490k
2021: €497k
2022: €356k
2023: €624k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€481k-€548k▲ 13.9%€685k▲ 24.9%€898k▲ 31.2%€1.02M▲ 13.9%
Operating result€203k-€103k▼ 49.4%€257k▲ 150%€241k▼ 6.3%€244k▲ 1.3%
Net result€145k-€67k▼ 54.0%€136k▲ 104%€213k▲ 56.3%€125k▼ 41.5%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.22M
Fixed assets
€1.17M ▼ 3.0%
Current assets
€1.06M ▲ 3.3%
Equity and liabilities €2.22M
Equity
€1.02M ▲ 13.9%
Provisions
€38k
Debt
€1.16M ▼ 12.5%
Debt's share of the balance-sheet total falls from 59.6% to 52.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€337k▲
2023 · €328k
Cash flow
€218k▼
2023 · €301k
Current ratio
2.89▲
2023 · 2.57
Quick ratio
2.48▲
2023 · 2.14
Debt to equity
1.14▼
2023 · 1.48
ROE
12.2%▼
2023 · 23.8%
ROA
5.6%▼
2023 · 9.6%
Interest coverage
5.92▼
2023 · 13.74
Debt ≤ 1 year
€365k▼
2023 · €398k
Debt > 1 year
€797k▼
2023 · €926k
Income taxes
€65k▲
2023 · €4k
Staff costs
€829k▲
2023 · €808k
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 · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.23M€2.22M▼
Formation expenses20€0€0=
Fixed assets21/28€1.20M€1.17M▼
Tangible fixed assets22/27€1.19M€1.16M▼
Land and buildings22€835k€809k▼
Plant, machinery and equipment23€337k€298k▼
Furniture and vehicles24€23k€53k▲
Financial fixed assets28€9k€9k=
Current assets29/58€1.02M€1.06M▲
Stocks and contracts in progress3€169k€150k▼
Stocks30/36€71k€74k▲
Contracts in progress37€98k€75k▼
Amounts receivable within one year40/41€371k€389k▲
Trade receivables40€337k€320k▼
Other amounts receivable41€34k€69k▲
Cash at bank and in hand54/58€458k€489k▲
Deferred charges and accrued income490/1€24k€27k▲
Equity and liabilities
Total equity and liabilities10/49€2.23M€2.22M▼
Equity10/15€898k€1.02M▲
Contributions10/11€20k€20k=
Reserves13€811k€935k▲
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Tax-exempt reserves132€135k€143k▲
Distributable reserves133€669k€785k▲
Profit (loss) carried forward14€66k€67k▲
Provisions and deferred taxes16-€38k
Provisions for liabilities and charges160/5-€38k
Other liabilities and charges164/5-€38k
Amounts payable17/49€1.33M€1.16M▼
Amounts payable after more than one year17€926k€797k▼
Financial debts170/4€926k€797k▼
Amounts payable within one year42/48€398k€365k▼
Current portion of amounts payable after more than one year42€160k€163k▲
Trade debts44€114k€66k▼
Suppliers440/4€114k€66k▼
Taxes, remuneration and social security45€97k€105k▲
Taxes450/3€10k€30k▲
Remuneration and social security454/9€88k€75k▼
Other amounts payable47/48€28k€31k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Remuneration, social security and pensions62€808k€829k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€93k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€38k
Other operating charges640/8€22k€13k▼
Gross operating margin9900€1.16M€1.22M▲
Operating profit (loss)9901€241k€244k▲
Financial income75/76B€691€3k▲
Recurring financial income75€691€3k▲
Financial charges65/66B€24k€57k▲
Recurring financial charges65€24k€57k▲
Profit (loss) for the period before taxes9903€218k€190k▼
Income taxes67/77€4k€65k▲
Profit (loss) for the period9904€213k€125k▼
Transfer to tax-exempt reserves689€97k€8k▼
Profit (loss) for the period to be appropriated9905€116k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€183k▲
Profit (loss) brought forward from the previous period14P€478€66k▲
Transfer to equity691/2€50k€116k▲
To other reserves6921€50k€116k▲
Social balance
Average headcount (FTE)908717.018.0▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
31-12
Financial
Equity above €1MEq €1.02M ▲13.9%
7 profitable years in a row build equity to €1.02M.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €213k ▲56.3%
Net result €213k, the highest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €67k ▼54%
Net result drops to €67k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €548k ▲13.9%
4 profitable years in a row build equity to €548k.
24-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 85 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Philippeville · 1 establishment unit since 2015
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.
Ancienne-Gare(JAM) 205600 PhilippevilleGround area
1.1 ha
Building footprint
2,318 m²
Parcel 93035C0411/00X002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ancienne-Gare(JAM) 20, 5600 Philippeville
since 20152.246.899.981
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93035C0411/00X002 | Wallonia | 1.1 ha | 1 · 2,318 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
9845002D1D7A561A5614
Similar companies · same sector, comparable size
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 4,371 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
Founded22-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
16250Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
43320Joinery installation
43332Laying of wooden floor and wall coverings
43421Specialised construction activities
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.