MONDEL
ActiveSummary
MONDEL has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.23M and a net result of €311k. Equity is growing by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-10
Solvency88▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 3.51 against 6.08 in 2024; short-term debt: 25.2% and cash: 3.6% of total assets), and 36.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.4%
Return on assets
16%
Age of the figures
15 mo
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
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-02-2026, 10 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
10 d late
2024
26 d late
2023
12 d late
2022
14 d late
2021
on the day
2020
20 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.23M▲ 33.8%
2024 · €919k
2019: €179klowest in 7 years
2020: €205k▲ +14.5% vs 2019
2021: €320k▲ +56.2% vs 2020
2022: €437k▲ +36.7% vs 2021
2023: €608k▲ +39.2% vs 2022
2024: €919k▲ +51.2% vs 2023
2025: €1.23M▲ +33.8% vs 2024highest in 7 years
2019 → 2025
Total assets
€1.94M▲ 38.6%
2024 · €1.40M
2019: €265k
2020: €227k▼ -14.5% vs 2019lowest in 7 years
2021: €384k▲ +69.7% vs 2020
2022: €657k▲ +70.9% vs 2021
2023: €801k▲ +21.9% vs 2022
2024: €1.40M▲ +74.6% vs 2023
2025: €1.94M▲ +38.6% vs 2024highest in 7 years
2019 → 2025
Net result
€311k▼ 6.8%
2024 · €333k
2019: €86k
2020: €26k▼ -69.9% vs 2019lowest in 7 years
2021: €115k▲ +344% vs 2020
2022: €117k▲ +1.9% vs 2021
2023: €171k▲ +46.1% vs 2022
2024: €333k▲ +94.8% vs 2023highest in 7 years
2025: €311k▼ -6.8% vs 2024
2019 → 2025
Working capital
€1.22M▲ 35.7%
2024 · €903k
2019: €202k
2020: €143k▼ -29.2% vs 2019lowest in 7 years
2021: €260k▲ +81.4% vs 2020
2022: €379k▲ +45.9% vs 2021
2023: €435k▲ +15.0% vs 2022
2024: €903k▲ +107% vs 2023
2025: €1.22M▲ +35.7% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€320k-€437k▲ 36.7%€608k▲ 39.2%€919k▲ 51.2%€1.23M▲ 33.8%
2021: €320klowest in 5 years
2022: €437k▲ +36.7% vs 2021
2023: €608k▲ +39.2% vs 2022
2024: €919k▲ +51.2% vs 2023
2025: €1.23M▲ +33.8% vs 2024highest in 5 years
Operating result€138k-€76k▼ 45.0%€136k▲ 79.1%€178k▲ 31.1%€126k▼ 29.1%
2021: €138k
2022: €76k▼ -45.0% vs 2021lowest in 5 years
2023: €136k▲ +79.1% vs 2022
2024: €178k▲ +31.1% vs 2023highest in 5 years
2025: €126k▼ -29.1% vs 2024
Net result€115k-€117k▲ 1.9%€171k▲ 46.1%€333k▲ 94.8%€311k▼ 6.8%
2021: €115klowest in 5 years
2022: €117k▲ +1.9% vs 2021
2023: €171k▲ +46.1% vs 2022
2024: €333k▲ +94.8% vs 2023highest in 5 years
2025: €311k▼ -6.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets
€225k ▼ 29.2%
Current assets
€1.71M ▲ 58.6%
Equity and liabilities €1.94M
Equity
€1.23M ▲ 33.8%
Debt
€709k ▲ 47.9%
Debt's share of the balance-sheet total rises from 34.3% to 36.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€191k▼
2024 · €219k
Cash flow
€376k▲
2024 · €375k
Current ratio
3.51▼
2024 · 6.08
Quick ratio
3.19▼
2024 · 5.21
Debt to equity
0.58▲
2024 · 0.52
ROE
25.3%▼
2024 · 36.3%
ROA
16.0%▼
2024 · 23.8%
Interest coverage
9.09▼
2024 · 69.04
Debt ≤ 1 year
€489k▲
2024 · €178k
Debt > 1 year
€209k▼
2024 · €294k
Income taxes
€87k▲
2024 · €77k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.40M€1.94M▲
Fixed assets21/28€318k€225k▼
Tangible fixed assets22/27€314k€221k▼
Land and buildings22€11k€7k▼
Plant, machinery and equipment23€22k€14k▼
Furniture and vehicles24€268k€188k▼
Other tangible fixed assets26€14k€12k▼
Financial fixed assets28€4k€4k=
Current assets29/58€1.08M€1.71M▲
Amounts receivable after more than one year29€512k€512k=
Other amounts receivable291€512k€512k=
Stocks and contracts in progress3€155k€155k=
Stocks30/36€155k€155k=
Amounts receivable within one year40/41€239k€837k▲
Trade receivables40€32k-
Other amounts receivable41€207k€837k▲
Current investments50/53€132k€135k▲
Cash at bank and in hand54/58€30k€70k▲
Deferred charges and accrued income490/1€12k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.40M€1.94M▲
Equity10/15€919k€1.23M▲
Contributions10/11€6k€6k=
Reserves13€800k€1.11M▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€790k€1.10M▲
Profit (loss) carried forward14€113k€113k=
Amounts payable17/49€479k€709k▲
Amounts payable after more than one year17€294k€209k▼
Financial debts170/4€294k€209k▼
Amounts payable within one year42/48€178k€489k▲
Current portion of amounts payable after more than one year42€67k€63k▼
Trade debts44-€39k
Suppliers440/4-€39k
Taxes, remuneration and social security45€53k€39k▼
Taxes450/3€50k€39k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€58k€348k▲
Accrued charges and deferred income492/3€8k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€65k▲
Other operating charges640/8€726€2k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€220k€195k▼
Operating profit (loss)9901€178k€126k▼
Financial income75/76B€235k€293k▲
Recurring financial income75€235k€293k▲
Financial charges65/66B€3k€21k▲
Recurring financial charges65€3k€21k▲
Profit (loss) for the period before taxes9903€410k€398k▼
Income taxes67/77€77k€87k▲
Profit (loss) for the period9904€333k€311k▼
Profit (loss) for the period to be appropriated9905€333k€311k▼
Appropriation of the result
Profit (loss) to be appropriated9906€446k€423k▼
Profit (loss) brought forward from the previous period14P€113k€113k=
Transfer from equity791/2€22k-
Transfer to equity691/2€333k€311k▼
To other reserves6921€333k€311k▼
Profit to be distributed694/7€22k-
Return on contributions (dividend)694€22k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €24k | €35k | €41k | €65k | ▲ 57.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €419 | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-9k | - | - | - | - |
| Other operating charges640/8 | - | €17k | €8k | €726 | €2k | ▲ 146% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €152k | €109k | €179k | €220k | €195k | ▼ 11.5% |
| Operating profit (loss)9901 | €138k | €76k | €136k | €178k | €126k | ▼ 29.1% |
| Financial income75/76B | - | €67k | €90k | €235k | €293k | ▲ 24.3% |
| Recurring financial income75 | €31k | €67k | €90k | €235k | €293k | ▲ 24.3% |
| Financial charges65/66B | - | €2k | €2k | €3k | €21k | ▲ 562% |
| Recurring financial charges65 | €643 | €2k | €2k | €3k | €21k | ▲ 562% |
| Profit (loss) for the period before taxes9903 | €168k | €141k | €223k | €410k | €398k | ▼ 3.0% |
| Income taxes67/77 | €53k | €23k | €52k | €77k | €87k | ▲ 13.5% |
| Profit (loss) for the period9904 | €115k | €117k | €171k | €333k | €311k | ▼ 6.8% |
| Profit (loss) for the period to be appropriated9905 | €144k | €117k | €171k | €333k | €311k | ▼ 6.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €384k | €657k | €801k | €1.40M | €1.94M | ▲ 38.6% |
| Fixed assets21/28 | €69k | €182k | €251k | €318k | €225k | ▼ 29.2% |
| Tangible fixed assets22/27 | €65k | €178k | €247k | €314k | €221k | ▼ 29.6% |
| Land and buildings22 | - | €19k | €15k | €11k | €7k | ▼ 38.0% |
| Plant, machinery and equipment23 | - | €37k | €29k | €22k | €14k | ▼ 35.5% |
| Furniture and vehicles24 | - | €106k | €188k | €268k | €188k | ▼ 29.9% |
| Other tangible fixed assets26 | - | €16k | €15k | €14k | €12k | ▼ 7.7% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €315k | €475k | €550k | €1.08M | €1.71M | ▲ 58.6% |
| Amounts receivable after more than one year29 | - | - | - | €512k | €512k | = |
| Other amounts receivable291 | - | - | - | €512k | €512k | = |
| Stocks and contracts in progress3 | - | €94k | €137k | €155k | €155k | = |
| Stocks30/36 | - | €94k | €137k | €155k | €155k | = |
| Amounts receivable within one year40/41 | €114k | €184k | €104k | €239k | €837k | ▲ 250% |
| Trade receivables40 | - | €98k | €35k | €32k | - | - |
| Other amounts receivable41 | - | €86k | €69k | €207k | €837k | ▲ 304% |
| Current investments50/53 | - | €124k | €124k | €132k | €135k | ▲ 2.3% |
| Cash at bank and in hand54/58 | €196k | €65k | €178k | €30k | €70k | ▲ 132% |
| Deferred charges and accrued income490/1 | - | €8k | €6k | €12k | €5k | ▼ 60.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €384k | €657k | €801k | €1.40M | €1.94M | ▲ 38.6% |
| Equity10/15 | €320k | €437k | €608k | €919k | €1.23M | ▲ 33.8% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €201k | €318k | €489k | €800k | €1.11M | ▲ 38.8% |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | - | €3k | €3k | €3k | €3k | = |
| Tax-exempt reserves132 | - | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | - | €308k | €479k | €790k | €1.10M | ▲ 39.3% |
| Profit (loss) carried forward14 | €113k | €113k | €113k | €113k | €113k | = |
| Provisions and deferred taxes16 | €9k | - | - | - | - | - |
| Amounts payable17/49 | €56k | €220k | €193k | €479k | €709k | ▲ 47.9% |
| Amounts payable after more than one year17 | - | €124k | €79k | €294k | €209k | ▼ 28.8% |
| Financial debts170/4 | - | €124k | €79k | €294k | €209k | ▼ 28.8% |
| Amounts payable within one year42/48 | €56k | €96k | €115k | €178k | €489k | ▲ 175% |
| Current portion of amounts payable after more than one year42 | - | €44k | €45k | €67k | €63k | ▼ 6.2% |
| Trade debts44 | €2k | - | €1k | - | €39k | - |
| Suppliers440/4 | - | - | €1k | - | €39k | - |
| Taxes, remuneration and social security45 | - | €52k | €68k | €53k | €39k | ▼ 26.2% |
| Taxes450/3 | - | €52k | €68k | €50k | €39k | ▼ 21.6% |
| Remuneration and social security454/9 | - | - | - | €3k | - | - |
| Other amounts payable47/48 | - | - | - | €58k | €348k | ▲ 501% |
| Accrued charges and deferred income492/3 | - | - | - | €8k | €11k | ▲ 39.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €115k | €117k | €171k | €333k | €311k | ▼ 6.8% |
| + Depreciation and write-downs630 | €11k | €24k | €35k | €41k | €65k | ▲ 57.2% |
| Operating cash flow (approximation) | €126k | €142k | €207k | €375k | €376k | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | €-137k | €-105k | €-108k | €28k | ▲ 126% |
| Change in cash | - | €-131k | €113k | €-148k | €40k | ▲ 127% |
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
Next filing, fiscal year 2026, expected by
2026
10-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
30-06
Financial
Equity above €1MEq €1.23M ▲33.8%
7 profitable years in a row build equity to €1.23M.
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-06
Financial
Highest result since 2019net €333k ▲94.8%
Operating result €178k, net result €333k, both a record.
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
30-06
Financial
Equity above €500kEq €608k ▲39.2%
5 profitable years in a row build equity to €608k.
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €26k ▼69.9%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €200kEq €205k ▲14.5%
2 profitable years in a row build equity to €205k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
05-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Mechelen · 1 establishment unit since 2009
Ground area
868 m²
Building footprint
134 m²
Volume, LiDAR
818 m³
Parcel 12402C0051/00Y014, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MONDEL
since 20092.176.725.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402C0051/00Y014 | Flanders | 868 m² | 1 · 134 m² | 10.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
54930043LCUVZR8TM773
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 25,588 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2009
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.