MONASTERIUM
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 16-07-2026 at the NBB all 21 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is nearly 3.1 times that of 2024. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €6,187 |
| Depreciation and write-downs of the year | €115,073 | €115,470 | €98,103 | €84,125 | €77,900 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €6,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €116,261 | €116,423 | €116,144 | €115,073 | €115,470 | €98,103 | €84,125 | €77,900 | ▼ 7.4% |
| Other operating charges640/8 | - | - | - | €11,947 | €13,989 | €14,257 | €14,575 | €14,852 | ▲ 1.9% |
| Gross operating margin9900 | €78,612 | €117,580 | €124,286 | €137,872 | €138,285 | €187,883 | €122,889 | €167,277 | ▲ 36.1% |
| Operating profit (loss)9901 | -€48,409 | -€11,569 | -€4,688 | €10,852 | €8,827 | €75,523 | €24,189 | €74,525 | ▲ 208% |
| Financial income75/76B | - | - | - | €48,604 | €49,470 | €49,469 | €49,469 | €49,469 | = |
| Recurring financial income75 | €46,344 | €46,919 | €47,754 | €48,604 | €49,470 | €49,469 | €49,469 | €49,469 | = |
| Financial charges65/66B | - | - | - | €30,071 | €19,388 | €10,219 | €7,624 | €5,421 | ▼ 28.9% |
| Recurring financial charges65 | €22,199 | €21,120 | €19,963 | €30,071 | €19,388 | €10,219 | €7,624 | €5,421 | ▼ 28.9% |
| Profit (loss) for the period before taxes9903 | -€24,264 | €14,230 | €23,104 | €29,385 | €38,908 | €114,773 | €66,034 | €118,573 | ▲ 79.6% |
| Income taxes67/77 | €374 | €386 | €598 | €688 | €325 | €387 | €433 | €177 | ▼ 59.1% |
| Profit (loss) for the period9904 | -€24,638 | €13,844 | €22,506 | €28,697 | €38,584 | €114,386 | €65,601 | €118,396 | ▲ 80.5% |
| Profit (loss) for the period to be appropriated9905 | -€24,638 | €13,844 | €22,506 | €28,697 | €38,584 | €114,386 | €65,601 | €118,396 | ▲ 80.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €4.4m | €4.4m | €4.3m | €4.3m | €3.5m | €3.4m | €3.3m | €3.3m | ▲ 0.3% |
| Fixed assets21/28 | €1.1m | €1.0m | €0.9m | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 14.9% |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €0.9m | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 14.9% |
| Land and buildings22 | - | - | - | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 15.4% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €0.002m | - |
| Furniture and vehicles24 | - | - | - | €0.01m | - | - | - | - | - |
| Current assets29/58 | €3.3m | €3.4m | €3.4m | €3.5m | €2.8m | €2.8m | €2.8m | €2.9m | ▲ 2.9% |
| Amounts receivable after more than one year29 | - | - | - | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Other amounts receivable291 | - | - | - | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Amounts receivable within one year40/41 | €0.006m | €0.001m | - | €0.003m | €0.003m | €0.002m | €0.004m | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €305 | €210 | €0.002m | €0.004m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.003m | €0.003m | €0 | - | - | - |
| Cash at bank and in hand54/58 | €0.7m | €0.7m | €0.7m | €0.8m | €0.06m | €0.01m | €0.04m | €0.08m | ▲ 83.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.001m | €0 | €0.05m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €4.4m | €4.4m | €4.3m | €4.3m | €3.5m | €3.4m | €3.3m | €3.3m | ▲ 0.3% |
| Equity10/15 | €2.6m | €2.6m | €2.6m | €2.7m | €2.7m | €2.8m | €2.9m | €3.0m | ▲ 4.1% |
| Contributions10/11 | €3.2m | €3.2m | - | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Reserves13 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Non-distributable reserves130/1 | - | - | - | €0.001m | €0.001m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.001m | €0.001m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.6m | -€0.6m | -€0.5m | -€0.5m | -€0.5m | -€0.4m | -€0.3m | -€0.2m | ▲ 40.2% |
| Amounts payable17/49 | €1.8m | €1.8m | €1.7m | €1.6m | €0.8m | €0.5m | €0.4m | €0.3m | ▼ 25.5% |
| Amounts payable after more than one year17 | €0.9m | €0.8m | €1.6m | €1.6m | €0.8m | €0.5m | €0.4m | €0.3m | ▼ 24.8% |
| Financial debts170/4 | - | - | - | - | €0.7m | €0.5m | €0.4m | €0.3m | ▼ 25.0% |
| Other amounts payable178/9 | - | - | - | €1.6m | €0.04m | €0.02m | €0.01m | €0.009m | ▼ 19.2% |
| Amounts payable within one year42/48 | €1.0m | €0.9m | €0.1m | €0.04m | €0.02m | €0.02m | €0.007m | €0.002m | ▼ 68.5% |
| Financial debts43 | - | - | - | €0.004m | - | - | - | - | - |
| Other loans439 | - | - | - | €0.004m | - | - | - | - | - |
| Trade debts44 | €0.002m | €0.001m | €204 | €0.002m | €0.001m | €0.002m | €0 | - | - |
| Suppliers440/4 | - | - | - | €0.002m | €0.001m | €0.002m | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.004m | €0.003m | €0.002m | €0.003m | €177 | ▼ 94.2% |
| Taxes450/3 | - | - | - | €0.004m | €0.003m | €0.002m | €0.003m | €177 | ▼ 94.2% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.02m | €0.01m | €0.004m | €0.002m | ▼ 49.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | €0.002m | €0.002m | €0.002m | ▲ 3.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,638 | €13,844 | €22,506 | €28,697 | €38,584 | €114,386 | €65,601 | €118,396 | ▲ 80.5% |
| + Depreciation and write-downs630 | €116,261 | €116,423 | €116,144 | €115,073 | €115,470 | €98,103 | €84,125 | €77,900 | ▼ 7.4% |
| Operating cash flow (approximation) | €91,623 | €130,267 | €138,650 | €143,770 | €154,053 | €212,489 | €149,726 | €196,296 | ▲ 31.1% |
| Investment in fixed assets (approximation) | - | -€5,283 | €0 | €0 | -€0 | €0 | €0 | -€6,187 | - |
| Change in cash | - | €6,153 | €26,801 | €42,499 | -€699,661 | -€42,909 | €30,517 | €36,721 | ▲ 20.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as MONASTERIUM has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MONASTERIUM itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for MONASTERIUM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-07-2026 | 2026-00308064 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00451361 | |
| 31-12-2023 | abbreviated format | 07-10-2024 | 2024-00501745 | |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00414174 | |
| 31-12-2021 | abbreviated format | 26-08-2022 | 2022-20342083 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-64500511 | |
| 31-12-2019 | abbreviated format | 18-09-2020 | 2020-54200278 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-61600323 | |
| 31-12-2017 | abbreviated format | 31-07-2018 | 2018-42300549 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-55700443 |