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Monastery

Active Private limited companyfounded 2021active for 4 yearsAdriaan Willaertstraat 21, 2650 EdegemKBO/BCE: BE 0777.669.388

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €0 (2024)
-€2,918 
lowest -€6,185 (2022)
-€3,422▼ €2,754
peak -€1,185 (2022)
-€7,310▼ €3,422
€17,928▲ 240%
Board2 names since 2021
2 directorsSUYS Ariane Alexia Marjorie and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Loss of €3,422Registered office moved to Edegem 28-07Equity from -€3,888 to -€7,310Debts from €5,267 to €17,928

Key points

from the 2025 annual accounts

Equity

-€7,310
2022202320242025

Debts exceed assets in financial year 2025.

Losses

-€12,310 in four years
-6,1852022-2,0352023-6682024-3,4222025

Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.

Debts

€17,928 169% of the balance sheet
Financial debts 0%Suppliers 2%Other 98%

Filings

4 annual accounts 3 late
AprilJune31 JulyOctober2022202320242025

The 2024 accounts came latest: 27 days after the end of the period.

Position in the sector

-68.9%

Lower solvency than 89% of companies in retail trade. Sector median 33.1% · 22,939 companies.

Turnover not published (micro format)

Checked score

53
Fair
Financially stronger than 18% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.0% 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 3.0%▲ +0.1 percentage points vs 06-2025 08-2025: 5.6%▲ +2.6 percentage points vs 07-2025highest value 09-2025: 3.7%▼ -1.9 percentage points vs 08-2025 10-2025: 3.7%● unchanged vs 09-2025 11-2025: 3.6%▼ -0.1 percentage points vs 10-2025 12-2025: 3.6%● unchanged vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 3.6%● unchanged vs 01-2026 03-2026: 3.6%● unchanged vs 02-2026 04-2026: 4.1%▲ +0.5 percentage points vs 03-2026 05-2026: 4.6%▲ +0.5 percentage points vs 04-2026 06-2026: 4.8%▲ +0.2 percentage points vs 05-2026 07-2026: 4.7%▼ -0.1 percentage points vs 06-2026 08-2026: 1.6%▼ -3.1 percentage points vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026lowest value

Financial strength
Weak

0=equity -68.9% of total assets
50+50short-term debt 168.9% · cash 47.1%
0=return on assets -32.2%

Score breakdown

raises risk
Capped at 59: negative equity
1 change of registered office in 24 months
Negative equity -€7,310
lowers risk
Size: total assets €10,618
Liquidity: current ratio 0.39, cash €5,002
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 52% on liquidity, 6% on profitability and 6% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 7,639 companies had the same profile as Monastery has now. Each dot stands for 20 companies, two years later.

84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Monastery itself is lower: 1.6% within 12 months. It rests on far more data about Monastery than the profile alone.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,639 companies, not a prediction for Monastery. 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.

Credit verdict

No credit on open account

Liquidity is insufficient, with a current ratio of 0.39, below 1. Short-term debt is 168.9% and cash 47.1% of total assets. Equity is negative.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €10,618
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.39, cash €5,002
NBB · annual accounts
raises risk · Negative equity -€7,310
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€7,310
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 · 4 filings
Deviation from the deadline
2025
on the day
2024
27 days late
2023
26 days late
2022
9 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 16 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SA
Director, since 24-11-2021
TP
Director, since 24-11-2021
  • TJANTELE Philippe founderdeed of 26-11-2021
  • SUYS Ariane Alexia Marjorie founderdeed of 26-11-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0777669388
Registered office moved to Edegem New registered office: Adriaan Willaertstraat 21 te 2650 Edegem · “De productie, verwerking, verpakking, distributie en verkoop van voedingsmiddelen, met inbegrip van, maar niet…” (deed in Dutch) · General meeting of 22-07-2025 · Gazette deed
Incorporation Founding capital of €5,000 · Founders: TJANTELE Philippe and SUYS Ariane Alexia Marjorie · Appointments: TJANTELE Philippe (director) and SUYS Ariane Alexia Marjorie (director) · published on 26-11-2021 · Gazette deed
First establishment Adriaan Willaertstraat 21, Edegem
All 8 events

Comparable companies

same main activity, similar in size and age
Company
Monastery Edegem €10,618 -€2,918 -68.9% -
Pooches Bredene €10,496 -€6,945 -93.4% -
DANIEL CREGUT Belgique Tournai €9,331 €584 8.6% -
MC DREAM Anderlecht €13,168 -€60,333 -963.0% -
Luxury Quarry Zottegem €13,792 €746 -51.7% -
83 Ninove €10,664 €1,337 -159.8% -
Security Tool Wetteren €9,465 -€2,515 42.1% -

These companies have the same main activity as Monastery: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €9,330 and €13,800, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 24-11-2021Normal situation
Activity
Other non-specialised retail saleNACE 47120and 5 others
Establishment unit
2.325.177.6942650 Edegem, since 24-11-2021
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

-€2,918
€3,422▲ 412%
-€7,310▼ 88.0%
€10,618▲ 670%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on Monastery

Monastery files the micro format. That format states no turnover. The gross margin rose from -€5,552 in 2022 to -€2,918 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-07-2026, on the day of the deadline
-€2,918
-€3,318
▼ €2,931
-€3,422
▼ €2,754
-€10,971
▼ €7,083
-68.9%
0.39

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €10,618 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

-68.9%

Higher than 10% of 22,939 companies in 2025.

0.39

Higher than 10% of 22,068 companies in 2025.

-32.2%

Higher than 8% of 22,218 companies in 2025.

Monastery Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022
Balance sheet: assets
20/58 10,6181,3791,3781,094
21/28 3,660---
21 3,660---
29/58 6,9571,3791,3781,094
3 681672671671
30/36 681672671671
40/41 1,274707707413
40 349---
41 926707707413
54/58 5,002--10
Balance sheet: equity and liabilities
10/49 10,6181,3791,3781,094
10/15 -7,310-3,888-3,220-1,185
10/11 5,0005,0005,0005,000
14 -12,310-8,888-8,220-6,185
17/49 17,9285,2674,5982,279
42/48 17,9285,2674,5982,279
43 26125--
430/8 26125--
44 349---
440/4 349---
47/48 17,5535,1424,5982,279
Income statement
9900 -2,9180-1,400-5,552
640/8 400387557593
9901 -3,318-387-1,957-6,145
65/66B 1042817840
65 1042817840
9903 -3,422-668-2,035-6,185
9904 -3,422-668-2,035-6,185
9905 -3,422-668-2,035-6,185
Appropriation of the result
9906 -12,310-8,888-8,220-6,185
14P -8,888-8,220-6,185-
Document PDFPDFPDFPDF

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00363078 PDF
31-12-2024 micro format 27-08-2025 2025-00427508 PDF
31-12-2023 micro format 26-08-2024 2024-00380102 PDF
31-12-2022 micro format 09-08-2023 2023-00324163 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
3,660---
-10,971-3,888-3,220-1,185
-68.9%---
0.39---
0.35---
-32.2%---

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025202420232022
Intangible fixed assets€3,660---

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on Monastery

The operating result for 2025 is a loss of €3,318, larger than the loss of €387 in 2024. It is the lowest result since 2022.

Equity is negative. Debt (€17,928) exceeds the balance-sheet total (€10,618).

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
since 24-11-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 31-07-2026
Director (not named in the articles)
since 24-11-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 31-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De vennootschap wordt vertegenwoordigd jegens derden, met inbegrip van de vertegenwoordiging in rechte, door één bestuurder, alleen…”
deed of 26-11-2021

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
SUYS Ariane Alexia Marjorie
Director (not named in the articles)
TJANTELE Philippe
Director (not named in the articles)
Board
Mandates as a list
  • SUYS Ariane Alexia Marjorie
    • Director (not named in the articles), from 24-11-2021 to date
  • TJANTELE Philippe
    • Director (not named in the articles), from 24-11-2021 to date

See the board, name and registered office on a given date →

Control

This company
Monastery
Equity -€7,310
Loss €3,422 in 2025

Capital

Contribution
€5,000
Source
deed of 26-11-2021

Articles of association

deed of 26-11-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen. De vennootschap mag zich borg stellen of zakelijke…”

Founders

Network & group

No group

Monastery has no parent and no holdings in its annual accounts. Monastery shares no director with another company.

Timeline

Timeline

8 events since 2021

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · on the deadline day
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0777669388
Annual accounts 2024 filed PDFmicro format · 27 days late
Registered office moved to EdegemNew registered office: Adriaan Willaertstraat 21 te 2650 Edegem · “De productie, verwerking, verpakking, distributie en verkoop van voedingsmiddelen, met inbegrip van, maar niet…” (deed in Dutch) · General meeting of 22-07-20253 points ▸
  • General meeting, 22-07-2025
  • Purpose change, “De productie, verwerking, verpakking, distributie en verkoop van voedingsmiddelen, met inbegrip van, maar niet beperkt tot, artisanaal bereide bottenbouillon, s…” (deed in Dutch)
  • Registered-office move, Adriaan Willaertstraat 21 te 2650 Edegem
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFmicro format · 26 days late
2023
Annual accounts 2022 filed PDFmicro format · 9 days late
2021
IncorporationFounding capital of €5,000 · Founders: TJANTELE Philippe and SUYS Ariane Alexia Marjorie · Appointments: TJANTELE Philippe (director) and SUYS Ariane Alexia Marjorie (director) · published on 26-11-20215 points ▸

Open the deed in the Belgian Official Gazette

First establishment Adriaan Willaertstraat 21, Edegem

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Monastery was incorporated on 24 November 2021 as a private limited company by two natural persons, with a starting capital of €5,000.12 The registered office was moved to Edegem in 2025.3 The board currently has 2 members, 2 of whom have served since 2021.4 Total assets rose from €1,094 in 2022 to €10,618 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 26-11-2021
  3. 3Belgian Official Gazette, 28-07-2025
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0777.669.388
VAT number
BE 0777.669.388
Peppol ID
0208:0777669388
Other Peppol ID
9925:BE0777669388
Legal form
Private limited company
Status
Active, normal situation
Founded
24-11-2021
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen. De vennootschap mag zich borg stellen of zakelijke…”
deed of 26-11-2021 (in Dutch)
Website
ariane.suys@gmail.com
Peppol
Reachable since 18-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Monastery in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 26-11-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Arendsnestlaan 22, 2650 Edegem”
deed of 26-11-2021 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
47910 Retail trade main activity
46150 Wholesale trade
64200 Holdings
74104 Other professional, scientific and technical activities
77299 Rental and leasing activities
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“De productie, handel, distributie en handelsbemiddeling van alle klein en detailhandel, goederen en artikelen, dit alles in de meest ruime…”
13 activities
  1. De productie, handel, distributie en handelsbemiddeling van alle klein en detailhandel, goederen en artikelen, dit alles in de meest ruime zin daaronder begrepen alle daaraan gerelateerde activiteiten in het kader van e-business en e-commerce;
  2. De productie, verwerking, verpakking, distributie en verkoop van voedingsmiddelen, met inbegrip van, maar niet beperkt tot, artisanaal bereide bottenbouillon, soepen, sauzen en andere aanverwante bereidingen;
  3. De ontwikkeling, productie, verpakking, promotie en verkoop van natuurlijke en/of artisanaal vervaardigde huidverzorgingsproducten, zoals crèmes, balsems, oliën, zepen en aanverwante cosmetische producten;
  4. Het uitoefenen van activiteiten in verband met gezonde voeding, natuurlijke producten, welzijn en persoonlijke verzorging;
  5. De verkoop via fysieke kanalen, ambulante handel, beurzen, popups, en digitale platformen (zoals webshops en sociale media);
  6. Het geven van workshops, demonstraties of informatieve sessies rond voeding, gezondheid en huidverzorging, indien relevant.
  7. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur- en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten.
  8. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan en verkoop, de huur- en verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen, kunst en meubilair;
  9. Het verlenen, zowel in België en in het buitenland, van adviezen van financiële, technische, commerciële, fiscale, juridische of boekhoudkundige aard; in de ruimste zin bijstand en diensten verlenen, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur;
  10. Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken.
  11. Zij kan belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare, of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
  12. Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
  13. De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren, in de meest ruime zin.
deed of 28-07-2025 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Adriaan Willaertstraat 21 registered office 2650 Edegem 24-11-2021 2.325.177.694

Buildings and parcels at the address

Ground area
177 m²
Buildings
73 m²
Volume, LiDAR
544 m³
Tallest building
10.9 m
Buildings to scale, each on its own parcel
73 m², 10.9 m 73 m², 10.9 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11013A0004/00H002177 m² 1 · 73 m² 10.9 m · 3

Contact

Phone +32 470 92 55 80 establishment in Edegem