ORGELMAKER DE MUNCK-CLAESSENS
ActiveORGELMAKER DE MUNCK-CLAESSENS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €466k and a net result of €137k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 639 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+24
Solvency97▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 3.73 in 2024), and 43.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← 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
56.7%
Return on assets
16.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
30 d early
2023
46 d early
2022
32 d early
2021
39 d early
2020
39 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€466k▼ 5.0%
2024 · €491k
2018: €115k
2019: €163k
2020: €233k
2021: €304k
2022: €423k
2023: €464k
2024: €491k
2018 → 2025
Total assets
€822k▲ 7.1%
2024 · €768k
2018: €164k
2019: €271k
2020: €317k
2021: €555k
2022: €690k
2023: €739k
2024: €768k
2018 → 2025
Net result
€137k▲ 83.6%
2024 · €75k
2018: €19k
2019: €77k
2020: €71k
2021: €91k
2022: €119k
2023: €88k
2024: €75k
2018 → 2025
Working capital
€333k▼ 16.0%
2024 · €397k
2018: €99k
2019: €144k
2020: €208k
2021: €263k
2022: €332k
2023: €376k
2024: €397k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€304k-€423k▲ 39.2%€464k▲ 9.7%€491k▲ 5.9%€466k▼ 5.0%
Operating result€118k-€169k▲ 43.5%€130k▼ 23.0%€109k▼ 16.3%€198k▲ 81.9%
Net result€91k-€119k▲ 30.5%€88k▼ 25.7%€75k▼ 15.6%€137k▲ 83.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 82% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €822k
Fixed assets
€254k▲ 12.3%
Current assets
€568k▲ 4.9%
Equity and liabilities €822k
Equity
€466k▼ 5.0%
Debt
€356k▲ 28.6%
The debt ratio rises from 36.0% to 43.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€222k▲
2024 · €131k
Cash flow
€162k▲
2024 · €97k
Solvency
56.7%▼
2024 · 64.0%
Current ratio
2.42▼
2024 · 3.73
Quick ratio
2.29▼
2024 · 3.56
Debt / equity
0.76▲
2024 · 0.56
ROE
29.4%▲
2024 · 15.2%
ROA
16.7%▲
2024 · 9.7%
Interest coverage
71.78▲
2024 · 49.51
Debt
€356k▲
2024 · €277k
Debt ≤ 1 year
€235k▲
2024 · €145k
Debt > 1 year
€121k▼
2024 · €128k
Income taxes
€60k▲
2024 · €33k
Staff costs
€84k▼
2024 · €105k
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€768k€822k▲
Fixed assets21/28€226k€254k▲
Tangible fixed assets22/27€226k€254k▲
Land and buildings22€159k€154k▼
Plant, machinery and equipment23€54k€54k▼
Furniture and vehicles24€10k€44k▲
Other tangible fixed assets26€3k€2k▼
Current assets29/58€542k€568k▲
Stocks and contracts in progress3€25k€29k▲
Stocks30/36€25k€29k▲
Amounts receivable within one year40/41€160k€89k▼
Trade receivables40€136k€40k▼
Other amounts receivable41€24k€49k▲
Cash at bank and in hand54/58€353k€446k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€768k€822k▲
Equity10/15€491k€466k▼
Contributions10/11€35k€35k=
Reserves13€456k€432k▼
Distributable reserves133€456k€432k▼
Amounts payable17/49€277k€356k▲
Amounts payable after more than one year17€128k€121k▼
Financial debts170/4€128k€121k▼
Amounts payable within one year42/48€145k€235k▲
Current portion of amounts payable after more than one year42€17k€30k▲
Trade debts44€39k€23k▼
Suppliers440/4€39k€23k▼
Taxes, remuneration and social security45€34k€19k▼
Taxes450/3€26k€15k▼
Remuneration and social security454/9€7k€5k▼
Other amounts payable47/48€55k€162k▲
Accrued charges and deferred income492/3€4k-
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€105k€84k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€25k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€157
Gross operating margin9900€238k€309k▲
Operating profit (loss)9901€109k€198k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€107k€197k▲
Income taxes67/77€33k€60k▲
Profit (loss) for the period9904€75k€137k▲
Profit (loss) for the period to be appropriated9905€75k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€137k▲
Transfer from equity791/2€47k€162k▲
Transfer to equity691/2€75k€137k▲
To other reserves6921€75k€137k▲
Profit to be distributed694/7€47k€162k▲
Return on contributions (dividend)694€47k€162k▲
The notes to these accounts (12 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €137k ▲83.6%
Operating result €198k, net result €137k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €200kEq €233k ▲43.4%
3 profitable years in a row build equity to €233k.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €150kEq €163k ▲41.2%
2 profitable years in a row build equity to €163k.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Sint-Niklaas · 1 establishment unit since 1991
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.
Pastoor De Meerleerstraat 249100 Sint-NiklaasGround area
187 m²
Building footprint
99 m²
Volume, LiDAR
714 m³
Parcel 46443E1455/00A005, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pastoor De Meerleerstraat 24, 9100 Sint-Niklaas
since 19912.048.251.901
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E1455/00A005indicative | Flanders | 187 m² | 1 · 99 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
Recognised contractor
1 categoryORGELMAKER DE MUNCK-CLAESSENS BV30941
Similar companies · same sector, comparable size
François Louis W.D.D.
BE 0809.818.653
Braives · Eq €466k
JORANALOGUE
BE 0737.679.159
Stekene · Eq €349k
ORGELBAU SCHUMACHER - MANUFACTURE D'ORGUES SCHUMACHER
BE 0426.160.689
Eupen · Eq €638k
J. STRICK
BE 0450.828.581
Brussel · Eq €338k
P. GUILLAUME
BE 0464.230.716
Brussel · Eq €657k
Of 248 companies in sector 32200 we hold annual accounts for 47. 34 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-1990
Fiscal year end30-09
Activities, NACEBEL
32200Other manufacturing
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.