Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6 to 2.8.
Financials
Financial year 2025
MENUISERIE DE LA MEUSE from Namur, company number BE0446991836, closed financial year 2025 with a result of € -143,539 after tax. For that financial year MENUISERIE DE LA MEUSE recorded a gross margin of € 182,305 and equity of € -129,125. Compared with financial year 2024, the result moved from € -105,598 to € -143,539. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -129,125
▼ € 143,539 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -143,539
▼ 36 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,257
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -160,112.
People and assets in 2025
2.8
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 125,435
▼ 41% vs 2024
€ 44,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,874
▼ 30% vs 2024
Of which on lease € 17,874.
Debts at end 2025
€ 160,182
▲ € 134,884 vs 2024
€ 45,120 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 187,331
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,846
▼ 68% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 128,942 | € 199,327 | € 111,317 | € 182,305 | ▲ 64% |
| Profit after taxes | € -39,822 | € 45 | € -105,598 | € -143,539 | ▼ € 37,942 |
| Equity | € 119,967 | € 120,012 | € 14,414 | € -129,125 | ▼ € 143,539 |
| Total debts | € 129,343 | € 203,329 | € 283,282 | € 469,636 | ▲ 66% |
| Cash | € 14,364 | € 2,939 | € 8,275 | € 3,257 | ▼ 61% |
| Retained profit | € 88,981 | € 89,026 | € -16,572 | € -160,112 | ▼ € 143,539 |
| Bank debt | € 0 | € 38,073 | € 25,298 | € 160,182 | ▲ € 134,884 |
| Balance sheet total | € 249,310 | € 323,341 | € 297,697 | € 340,511 | ▲ 14% |
| Employees (FTE) | 6.7 | 6 | 5.2 | 2.8 | ▼ 2.4 |
Key figures of MENUISERIE DE LA MEUSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MENUISERIE DE LA MEUSE?
What happened at MENUISERIE DE LA MEUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 143,539. filed late Source: NBB ↗
- Frédéric Jamar became a director. NBB
- Jamar Holding SRL stepped down as director. NBB
- Yves Murena became a director. NBB
- Jamar Holding SRL became a director. NBB
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,822 loss in 2022 to € 143,539 loss in 2025.
Paid € 1,655 in corporate taxes since 2022.
Best year ever: 2023, with € 45 profit.
On average € 65,100 of value added per employee in 2025.
A new publication or filing at MENUISERIE DE LA MEUSE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of JAMAR HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MENUISERIE DE LA MEUSEBehind MENUISERIE DE LA MEUSE are Yves Murena and Frédéric Jamar. The shares are held by JAMAR HOLDING (90%).
Directors
According to the 2025 annual accounts
since 2022
since 2026
since 2022 · until 2026
Shareholders
90%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Lieut.Col.Maniette(TX) 19
5020 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Details
- Company number
- 0446.991.836
- VAT number
- BE 0446.991.836
- Registered office
- Rue Lieut.Col.Maniette(TX) 19, 5020 Namur
- Names & denominations
- MENUISERIE DE LA MEUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1992
- Peppol
- Active · Active since 11 Sept 2025
- Contact
- jmlacroix.be [email protected]
- Activities · NACE
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