MON GAND
ActiveMON GAND has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29k and a net result of €3k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 59% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▲+33
Solvency68▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.77 in 2023; short-term debt: 56.5% and cash: 20.4% of total assets), but 56.7% 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 47
Relative position
BE, all sectors
reference
Sector 47
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.3%
Return on assets
4.3%
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 26-08-2025, 26 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
30 d late
2022
29 d late
2021
38 d late
2020
118 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€29k▲ 11.0%
2023 · €26k
2018: €7k
2019: €5k
2020: €13k
2021: €22k
2022: €29k
2023: €26k
2018 → 2024
Total assets
€66k▲ 12.4%
2023 · €59k
2018: €40k
2019: €42k
2020: €37k
2021: €49k
2022: €55k
2023: €59k
2018 → 2024
Net result
€3k
2023 · €-3k
2018: €8k
2019: €-2k
2020: €8k
2021: €13k
2022: €7k
2023: €-3k
2018 → 2024
Working capital
€29k▲ 11.6%
2023 · €26k
2018: €7k
2019: €5k
2020: €12k
2021: €21k
2022: €30k
2023: €26k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€22k▲ 62.9%€29k▲ 31.4%€26k▼ 9.9%€29k▲ 11.0%
Operating result€10k-€16k▲ 66.3%€11k▼ 28.6%€-109€8k
Net result€8k-€13k▲ 59.2%€7k▼ 45.9%€-3k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €109 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €66k
Fixed assets
€205=
Current assets
€66k▲ 12.4%
Equity and liabilities €66k
Equity
€29k▲ 11.0%
Debt
€38k▲ 13.5%
The debt ratio rises from 56.2% to 56.7%. Equity and debt are higher.
Key figures and ratios
Solvency
43.3%▼
2023 · 43.8%
Current ratio
1.77▼
2023 · 1.77
Quick ratio
1.45▲
2023 · 1.41
Debt / equity
1.31▲
2023 · 1.28
ROE
9.9%▲
2023 · -11.0%
ROA
4.3%▲
2023 · -4.8%
Debt
€38k▲
2023 · €33k
Debt ≤ 1 year
€37k▲
2023 · €33k
Income taxes
€3k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€59k€66k▲
Fixed assets21/28€205€205=
Financial fixed assets28€205€205=
Current assets29/58€59k€66k▲
Stocks and contracts in progress3€12k€12k▼
Stocks30/36€12k€12k▼
Amounts receivable within one year40/41€32k€41k▲
Trade receivables40€7k€8k▲
Other amounts receivable41€25k€33k▲
Cash at bank and in hand54/58€15k€14k▼
Equity and liabilities
Total equity and liabilities10/49€59k€66k▲
Equity10/15€26k€29k▲
Contributions10/11€19k€19k=
Reserves13€7k€10k▲
Distributable reserves133€7k€10k▲
Amounts payable17/49€33k€38k▲
Amounts payable within one year42/48€33k€37k▲
Trade debts44€14k€21k▲
Suppliers440/4€14k€21k▲
Taxes, remuneration and social security45€15k€13k▼
Taxes450/3€15k€13k▼
Other amounts payable47/48€4k€4k=
Accrued charges and deferred income492/3-€153
Income statement
Code20232024
Remuneration, social security and pensions62€252-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€436-
Other operating charges640/8€1k€5k▲
Gross operating margin9900€2k€13k▲
Operating profit (loss)9901€-109€8k▲
Financial income75/76B€19€42▲
Recurring financial income75€19€42▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-1k€6k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€-3k€3k▲
Profit (loss) for the period to be appropriated9905€-3k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€3k▲
Transfer from equity791/2€3k-
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-3k ▼141%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 38 days late
2021
31-12
Financial
Highest result since 2018net €13k ▲59.2%
Operating result €16k, net result €13k, both a record.
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 118 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 144 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2010
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.
Kraanlei 619000 GentGround area
39 m²
Building footprint
27 m²
Volume, LiDAR
339 m³
Parcel 44021A0599/00B000, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MON GAND
since 20102.191.233.265
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A0599/00B000 | Flanders | 39 m² | 1 · 27 m² | 14.3 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2010
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47191Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.