Monbeau
ActiveSummary
Monbeau has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.0m and a net result of -€34,269. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 51% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability37▼-1
Solvency57▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.21 in 2023; short-term debt: 28.4% and cash: 0.2% of total assets), and 67.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
32.3%
Return on assets
-0.4%
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 28-08-2025, 28 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
28 d late
2023
1 d early
2022
29 d late
2021
38 d early
2020
10 d late
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#6 company by total assets in Maarkedal
Equity
€3.0m▼ 1.1%
2023 · €3.0m
Total assets
€9.2m▲ 1.2%
2023 · €9.1m
Net result
-€34,269
2023 · €24,426
Working capital
-€2.0m▲ 5.6%
2023 · -€2.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€174,624▼ 11.9%€77,036▼ 55.9%€11,835▼ 84.6%€18,348▲ 55.0%-€41,771
Net result€488,887▲ 308%€1.5m▲ 210%-€45,776€24,426-€34,269
Equity€1.5m▲ 47.0%€3.0m▲ 99.0%€3.0m▼ 1.5%€3.0m▲ 0.8%€3.0m▼ 1.1%
Total assets€9.0m▲ 5.4%€10.5m▲ 16.1%€9.0m▼ 14.3%€9.1m▲ 1.5%€9.2m▲ 1.2%
Debt€7.5m▼ 0.3%€7.5m▼ 0.7%€6.0m▼ 19.5%€6.1m▲ 1.9%€6.3m▲ 2.3%
Working capital-€3.7m▲ 10.9%-€2.3m▲ 38.9%-€2.2m▲ 0.5%-€2.1m▲ 7.8%-€2.0m▲ 5.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Net result +210% on 2020. The accounts now follow the micro schema, last year the abbreviated schema.
- 2021 Equity +99% on 2020. Cause not known from the registers.
- 2020 Net result +308% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €41,771 after €18,348 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.2m
Fixed assets
€8.6m =
Current assets
€672,763 ▲ 19.0%
Equity and liabilities €9.2m
Equity
€3.0m ▼ 1.1%
Debt
€6.3m ▲ 2.3%
Debt's share of the balance-sheet total rises from 66.9% to 67.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.26▲
2023 · 0.21
Quick ratio
0.20▼
2023 · 0.21
Debt to equity
2.09▲
2023 · 2.02
ROE
-1.1%▼
2023 · 0.8%
ROA
-0.4%▼
2023 · 0.3%
Debt ≤ 1 year
€2.6m▼
2023 · €2.6m
Debt > 1 year
€3.6m▲
2023 · €3.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €988 | €990 | €132 | €1,471 | ▲ 1,017% |
| Gross operating margin9900 | €178,362 | €78,024 | €12,825 | €18,480 | -€40,300 | ▼ 318% |
| Operating profit (loss)9901 | €174,624 | €77,036 | €11,835 | €18,348 | -€41,771 | ▼ 328% |
| Financial income75/76B | - | €1.5m | €1,914 | €6,170 | €7,765 | ▲ 25.8% |
| Recurring financial income75 | €400,000 | €1.5m | €1,914 | €6,170 | €7,765 | ▲ 25.8% |
| Financial charges65/66B | - | €58,310 | €59,525 | €92 | €263 | ▲ 187% |
| Recurring financial charges65 | €55,192 | €58,310 | €59,525 | €92 | €263 | ▲ 187% |
| Profit (loss) for the period before taxes9903 | €519,432 | €1.5m | -€45,776 | €24,426 | -€34,269 | ▼ 240% |
| Income taxes67/77 | €30,546 | €4,516 | €0 | - | - | - |
| Profit (loss) for the period9904 | €488,887 | €1.5m | -€45,776 | €24,426 | -€34,269 | ▼ 240% |
| Profit (loss) for the period to be appropriated9905 | €488,887 | €1.5m | -€45,776 | €24,426 | -€34,269 | ▼ 240% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.0m | €10.5m | €9.0m | €9.1m | €9.2m | ▲ 1.2% |
| Fixed assets21/28 | €8.4m | €8.6m | €8.6m | €8.6m | €8.6m | = |
| Tangible fixed assets22/27 | €380,000 | €380,000 | €380,000 | €380,000 | €380,000 | = |
| Land and buildings22 | - | €380,000 | €380,000 | €380,000 | €380,000 | = |
| Financial fixed assets28 | €8.1m | €8.2m | €8.2m | €8.2m | €8.2m | = |
| Current assets29/58 | €603,903 | €1.9m | €427,145 | €565,206 | €672,763 | ▲ 19.0% |
| Amounts receivable after more than one year29 | - | - | €226,914 | €426,554 | €434,019 | ▲ 1.8% |
| Other amounts receivable291 | - | - | €226,914 | €426,554 | €434,019 | ▲ 1.8% |
| Stocks and contracts in progress3 | - | - | - | - | €155,213 | - |
| Stocks30/36 | - | - | - | - | €155,213 | - |
| Amounts receivable within one year40/41 | €44,461 | €165,391 | €32,949 | €75,559 | €65,380 | ▼ 13.5% |
| Trade receivables40 | - | €147,541 | €15,099 | €73,179 | €61,593 | ▼ 15.8% |
| Other amounts receivable41 | - | €17,850 | €17,850 | €2,380 | €3,786 | ▲ 59.1% |
| Cash at bank and in hand54/58 | €549,597 | €1.8m | €165,915 | €60,349 | €13,986 | ▼ 76.8% |
| Deferred charges and accrued income490/1 | - | €11,081 | €1,367 | €2,744 | €4,165 | ▲ 51.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.0m | €10.5m | €9.0m | €9.1m | €9.2m | ▲ 1.2% |
| Equity10/15 | €1.5m | €3.0m | €3.0m | €3.0m | €3.0m | ▼ 1.1% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Uncalled capital101 | - | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Reserves13 | €528,989 | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Non-distributable reserves130/1 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Legal reserve130 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Distributable reserves133 | - | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Profit (loss) carried forward14 | - | - | -€45,776 | -€21,350 | -€55,619 | ▼ 161% |
| Amounts payable17/49 | €7.5m | €7.5m | €6.0m | €6.1m | €6.3m | ▲ 2.3% |
| Amounts payable after more than one year17 | €3.2m | €3.3m | €3.3m | €3.5m | €3.6m | ▲ 4.3% |
| Financial debts170/4 | - | €3.3m | €3.3m | €3.5m | €3.6m | ▲ 4.3% |
| Amounts payable within one year42/48 | €4.3m | €4.2m | €2.7m | €2.6m | €2.6m | ▼ 0.3% |
| Trade debts44 | €2,957 | €1,186 | €0 | €215 | €572 | ▲ 166% |
| Suppliers440/4 | - | €1,186 | €0 | €215 | €572 | ▲ 166% |
| Taxes, remuneration and social security45 | - | €6,028 | €36,523 | €44,943 | €63,300 | ▲ 40.8% |
| Taxes450/3 | - | €6,028 | €6,123 | €14,443 | €2,400 | ▼ 83.4% |
| Remuneration and social security454/9 | - | - | €30,400 | €30,500 | €60,900 | ▲ 99.7% |
| Other amounts payable47/48 | - | €4.2m | €2.6m | €2.6m | €2.6m | ▼ 1.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €488,887 | €1.5m | -€45,776 | €24,426 | -€34,269 | ▼ 240% |
| Operating cash flow (approximation) | €488,887 | €1.5m | -€45,776 | €24,426 | -€34,269 | ▼ 240% |
| Investment in fixed assets (approximation) | - | -€135,000 | €0 | €0 | €0 | - |
| Change in cash | - | €1.2m | -€1.6m | -€105,566 | -€46,363 | ▲ 56.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €24,426
Net result €24,426 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet -€45,776
Net result drops to -€45,776, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €1.5m ▲210%
Net result €1.5m, the highest in the series.
31-12
Financial
Equity above €2mEq €3.0m ▲99%
4 profitable years in a row build equity to €3.0m.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 39 days late
2019
31-12
Financial
Equity above €1mEq €1.0m ▲13%
2 profitable years in a row build equity to €1.0m.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
Show earlier events
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Maarkedal · 1 establishment unit since 2010
Ground area
2,760 m²
Building footprint
796 m²
Volume, LiDAR
4,718 m³
Parcel 45044A0614/00D000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Herpelstraat 4, 9688 Maarkedal
since 20102.188.304.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45044A0614/00D000 | Flanders | 2,760 m² | 1 · 796 m² | 11.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
4 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 4
-
100%
- Sourceown accounts 2024Equity €4.0mResult €56,75190%
-
40%
-
30%
According to the 2024 annual accounts of Monbeau and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 3,836 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0823740925
Also
9925:BE0823740925
Registered
17-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.