Schrijnwerken Maes
ActiveSchrijnwerken Maes has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €240k and a net result of €87k. Equity is growing by ~56.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 159 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2026
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability83▲+40
Solvency57▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 4.37 against 2.97 in 2025; short-term debt: 22.7% and cash: 6.4% of total assets), but 67.6% 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+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 2026Solvency, return and age of the figures
Solvency
32.4%
Return on assets
11.7%
Age of the figures
6 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 15-09-2026, 46 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
46 d early
2025
44 d early
2024
20 d early
2023
49 d early
2022
26 d early
2021
2 d early
2020
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€240k▲ 56.5%
2025 · €153k
2019: €11k
2020: €17k
2021: €24k
2022: €39k
2023: €83k
2024: €134k
2025: €153k
2019 → 2026
Total assets
€741k▼ 0.3%
2025 · €743k
2019: €58k
2020: €218k
2021: €398k
2022: €513k
2023: €648k
2024: €677k
2025: €743k
2019 → 2026
Net result
€87k▲ 344%
2025 · €19k
2019: €-2k
2020: €6k
2021: €7k
2022: €15k
2023: €44k
2024: €51k
2025: €19k
2019 → 2026
Working capital
€566k▲ 16.4%
2025 · €486k
2019: €268
2020: €65k
2021: €145k
2022: €283k
2023: €207k
2024: €525k
2025: €486k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€39k-€83k▲ 111%€134k▲ 60.9%€153k▲ 14.6%€240k▲ 56.5%
Operating result€23k-€58k▲ 156%€66k▲ 14.9%€48k▼ 28.3%€124k▲ 160%
Net result€15k-€44k▲ 182%€51k▲ 15.8%€19k▼ 61.5%€87k▲ 344%
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 2026; 2026 is 160% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €741k
Fixed assets
€7k▼ 35.4%
Current assets
€734k▲ 0.2%
Equity and liabilities €741k
Equity
€240k▲ 56.5%
Debt
€501k▼ 15.1%
The debt ratio falls from 79.4% to 67.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€127k▲
2025 · €53k
Cash flow
€90k▲
2025 · €25k
Solvency
32.4%▲
2025 · 20.6%
Current ratio
4.37▲
2025 · 2.97
Quick ratio
1.06▲
2025 · 0.73
Debt / equity
2.09▼
2025 · 3.85
ROE
36.1%▲
2025 · 12.7%
ROA
11.7%▲
2025 · 2.6%
Interest coverage
9.53▲
2025 · 2.56
Debt
€501k▼
2025 · €590k
Debt ≤ 1 year
€168k▼
2025 · €247k
Debt > 1 year
€329k▼
2025 · €343k
Income taxes
€24k▲
2025 · €7k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€743k€741k▼
Fixed assets21/28€10k€7k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€10k€7k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€7k€5k▼
Other tangible fixed assets26€364€290▼
Current assets29/58€733k€734k▲
Stocks and contracts in progress3€554k€556k▲
Stocks30/36€554k€556k▲
Amounts receivable within one year40/41€146k€125k▼
Trade receivables40€125k€111k▼
Other amounts receivable41€21k€14k▼
Cash at bank and in hand54/58€32k€48k▲
Deferred charges and accrued income490/1€1k€6k▲
Equity and liabilities
Total equity and liabilities10/49€743k€741k▼
Equity10/15€153k€240k▲
Contributions10/11€13k€13k=
Profit (loss) carried forward14€140k€227k▲
Amounts payable17/49€590k€501k▼
Amounts payable after more than one year17€343k€329k▼
Financial debts170/4€343k€329k▼
Amounts payable within one year42/48€247k€168k▼
Current portion of amounts payable after more than one year42€16k€16k▲
Financial debts43€5k€0▼
Credit institutions430/8€5k€0▼
Trade debts44€119k€53k▼
Suppliers440/4€119k€53k▼
Taxes, remuneration and social security45€0€1k▲
Taxes450/3€0€1k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€107k€98k▼
Accrued charges and deferred income492/3€0€4k▲
Income statement
Code20252026
Non-recurring operating income76A€17k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€29k€0▼
Other operating charges640/8€7k€2k▼
Non-recurring operating charges66A€23k€0▼
Gross operating margin9900€112k€129k▲
Operating profit (loss)9901€48k€124k▲
Financial income75/76B€40€6▼
Recurring financial income75€40€6▼
Financial charges65/66B€21k€13k▼
Recurring financial charges65€21k€13k▼
Profit (loss) for the period before taxes9903€27k€110k▲
Income taxes67/77€7k€24k▲
Profit (loss) for the period9904€19k€87k▲
Profit (loss) for the period to be appropriated9905€19k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€140k€227k▲
Profit (loss) brought forward from the previous period14P€121k€140k▲
The notes to these accounts (10 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 2027, expected by
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €87k ▲344%
Operating result €124k, net result €87k, both a record.
31-03
Financial
Equity above €200kEq €240k ▲56.5%
7 profitable years in a row build equity to €240k.
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €150kEq €153k ▲14.6%
6 profitable years in a row build equity to €153k.
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 4.66
Current ratio from 1.48 to 4.66; short-term debt falls from €429k to €144k.
31-03
Financial
Equity above €100kEq €134k ▲60.9%
5 profitable years in a row build equity to €134k.
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro 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, Wielsbeke · 1 establishment unit since 2018
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.
Heirweg 1758710 WielsbekeGround area
3,977 m²
Building footprint
1,998 m²
Volume, LiDAR
10,231 m³
2 parcels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schrijnwerken Maes
since 20182.274.366.918
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005A0455/00H000 | Flanders | 2,028 m² | 1 · 295 m² | 10.7 m · 2 fl. |
| 37014A0246/00B005 | Flanders | 1,949 m² | 1 · 1,703 m² | 8.3 m · 2 fl. |
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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Recognitions · licences · registrations
Recognised contractor
5 categoriesSchrijnwerken Maes BV45327
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ALGEMENE SCHRIJNWERKERIJ DANNY NUYTS
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 7,211 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2018
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.