A. DE MUNTER
ActiveSummary
The computed 12-month bankruptcy probability of A. DE MUNTER is 1.8% (moderate). The 2025 annual accounts show equity of €15k and a net result of €2k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 27786 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+10
Solvency48▲+1
Growth75=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.23 in 2024; short-term debt: 60.5% and cash: 2.6% of total assets), and 77.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 24%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
195 d late
2023
336 d late
2022
690 d late
2021
313 d late
2020
153 d late
2019
153 d late
← 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
Turnover
€211k▲ 3.7%
2023 · €203k
2018: €111k
2019: €146k
2020: €158k
2021: €168k
2022: €194k
2023: €203k
2018 → 2024
EBIT margin
3.8%▲ 2.3pp
2023 · 1.5%
2018: -8.3%
2019: -0.3%
2020: 8.2%
2021: -3.9%
2022: 3.3%
2023: 1.5%
2018 → 2024
Net result
€2k
2024 · €-3k
2018: €-9k
2019: €479
2020: €13k
2021: €-7k
2022: €4k
2023: €-846
2024: €-3k
2018 → 2025
Working capital
€8k▲ 26.4%
2024 · €6k
2018: €482
2019: €-4k
2020: €10k
2021: €-3k
2022: €2k
2023: €2k
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€168k-€194k▲ 15.6%€203k▲ 4.7%€211k▲ 3.7%
Equity€13k-€17k▲ 26.3%€16k▼ 5.0%€14k▼ 15.8%€15k▲ 11.3%
Operating result€-7k-€6k€3k▼ 54.0%€8k▲ 166%€5k▼ 34.3%
Net result€-7k-€4k€-846€-3k▼ 200%€2k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€18k ▼ 34.0%
Current assets
€48k ▲ 39.3%
Equity and liabilities €66k
Equity
€15k ▲ 11.3%
Debt
€51k ▲ 5.7%
Debt's share of the balance-sheet total falls from 77.9% to 77.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▼
2024 · €21k
Cash flow
€15k▲
2024 · €11k
Current ratio
1.20▼
2024 · 1.23
Quick ratio
1.18▼
2024 · 1.19
Debt to equity
3.36▼
2024 · 3.53
ROE
10.1%▲
2024 · -18.7%
ROA
2.3%▲
2024 · -4.1%
Interest coverage
14.71▲
2024 · 8.79
Debt ≤ 1 year
€40k▲
2024 · €28k
Debt > 1 year
€11k▼
2024 · €18k
Income taxes
€2k▼
2024 · €3k
Staff costs
€-113▼
2024 · €5k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€61k€66k▲
Fixed assets21/28€27k€18k▼
Tangible fixed assets22/27€27k€18k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€22k€16k▼
Current assets29/58€34k€48k▲
Stocks and contracts in progress3€972€972=
Stocks30/36€972€972=
Amounts receivable within one year40/41€29k€43k▲
Trade receivables40€11k€41k▲
Other amounts receivable41€18k€2k▼
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€61k€66k▲
Equity10/15€14k€15k▲
Contributions10/11€6k€6k=
Reserves13€7k€7k=
Non-distributable reserves130/1€848€848=
Reserves not available under the articles1311€848€848=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14-€2k
Amounts payable17/49€48k€51k▲
Amounts payable after more than one year17€18k€11k▼
Financial debts170/4€18k€11k▼
Amounts payable within one year42/48€28k€40k▲
Current portion of amounts payable after more than one year42€10k€7k▼
Trade debts44€14k€26k▲
Suppliers440/4€14k€26k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Remuneration and social security454/9€266-
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Turnover70€211k-
Goods, raw materials, services and sundry goods60/61€183k-
Remuneration, social security and pensions62€5k€-113▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€28k€20k▼
Operating profit (loss)9901€8k€5k▼
Financial income75/76B€4k€43▼
Recurring financial income75€4k€43▼
Financial charges65/66B€12k€1k▼
Recurring financial charges65€2k€1k▼
Non-recurring financial charges66B€9k-
Profit (loss) for the period before taxes9903€-25€4k▲
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€-3k€2k▲
Profit (loss) for the period to be appropriated9905€-3k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€2k▲
Transfer from equity791/2€3k-
The notes to these accounts (6 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 195 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 336 days late
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 690 days late
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 313 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 153 days late
2020
31-12
Financial
Highest result since 2018net €13k ▲2583%
Operating result €13k, net result €13k, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
31-12
Financial
Back to profitnet €479
Net result €479 after one loss-making year.
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 119 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 121 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 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.
Warandeveldstraat 681120 BrusselGround area
191 m²
Building footprint
91 m²
Volume, LiDAR
764 m³
Parcel 21819D0031/00E002, Brussels · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
A. DE MUNTER
since 20152.239.130.677
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0031/00E002 | Brussels | 190 m² | 1 · 91 m² | 12.4 m · 3 fl. |
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.
Similar companies · same sector, comparable size
IBA
BE 1010.509.376
Lier · Eq €14,747
WEST INGELEC
BE 0667.881.523
Waregem · Eq €14,723
Belgo Facilities
BE 0829.260.126
Grimbergen · Eq €14,470
JVH Services
BE 0473.738.595
Wetteren · Eq €15,779
VANDE VONDER THOMAS
BE 0764.690.293
Namur · Eq €15,790
Of 1,123 companies in sector 43212 we hold annual accounts for 420. 281 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 (pre-2019)
Founded22-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.