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Monev

Active
Public limited companyfounded 196858 yrs activeFranklin Rooseveltlaan 194, 1050 Brussel, BelgiumKBO/BCE: BE 0403.523.562
Summary

Monev has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,391 and a net result of -€12,326. Equity is shrinking by ~7.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability13▼-75
Solvency100▲+100
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 55.92 against 0.52 in 2024; short-term debt: 1.8% and cash: 12.2% of total assets), and 1.8% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 d early
2024
29 d late
2023
30 d late
2022
7 d late
2021
31 d late
2020
61 d late
2018
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 17 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 January 1968, Monev was incorporated.1 A capital increase in 2026 brought the capital to EUR 3.7 million.2 Beheid and Publifor were merged into the company in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-08-2026

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Financials · fiscal year 2025, full schema

Turnover
€169,980
EBIT margin
-163.0%
Net result
-€12,326
2024 · €389,938
Working capital
€122,408
2024 · -€1.8m
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
Line20212022202320242025
Turnover
Operating result-€109,076▲ 60.6%-€341,563▼ 213%-€76,215▲ 77.7%€122,563-€11,703
Net result-€110,849▲ 60.1%-€333,323▼ 201%-€77,801▲ 76.7%€389,938-€12,326
EBIT margin
Equity-€1.8m▼ 96.8%-€2.1m▼ 19.0%-€2.2m▼ 3.7%-€1.8m▲ 18.0%€122,391
Total assets€3.3m▲ 89.7%€2.9m▼ 12.8%€2.2m▼ 24.4%€1.9m▼ 12.7%€124,637▼ 93.5%
Debt€5.1m▲ 92.1%€5.0m▼ 1.8%€4.4m▼ 12.6%€3.7m▼ 15.3%€2,246▼ 99.9%
Working capital-€2.0m▼ 67.0%-€2.3m▼ 16.7%-€2.3m▼ 0.5%-€1.8m▲ 23.5%€122,408
Staff (FTE)5.5▼ 26.7%4.1▼ 25.5%2▼ 51.2%
Result per fiscal year
Operating resultNet result
-€400,000-€200,000€0€200,000€400,000Operating result 2021: -€109,076-€109,076Net result 2021: -€110,849-€110,849Operating result 2022: -€341,563-€341,563Net result 2022: -€333,323-€333,323Operating result 2023: -€76,215-€76,215Net result 2023: -€77,801-€77,801Operating result 2024: €122,563€122,563Net result 2024: €389,938€389,938Operating result 2025: -€11,703-€11,703Net result 2025: -€12,326-€12,32620212022202320242025-€200,000€0€200,000€400,000Operating result 2023: -€76,215-€76,200Net result 2023: -€77,801-€77,800Operating result 2024: €122,563€123,000Net result 2024: €389,938€390,000Operating result 2025: -€11,703-€11,700Net result 2025: -€12,326-€12,300202320242025
The operating result turns negative in 2025: a loss of €11,703 after €122,563 in 2024.
Balance-sheet composition
Equity and liabilities €124,637
Equity €122,391
Debt €2,246
Debt finances 1.8% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
55.92▲
2024 · 0.52
Debt to equity
0.02▲
2024 · -2.08
ROE
-10.1%
ROA
-9.9%▼
2024 · 20.4%
Debt ≤ 1 year
€2,229▼
2024 · €3.7m
Staff costs
€3,497▼
2024 · €29,149
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.9m€124,637▼
Current assets29/58€1.9m€124,637▼
Amounts receivable within one year40/41€1.9m€105,539▼
Other amounts receivable41€1.9m€105,539▼
Cash at bank and in hand54/58€21,983€15,257▼
Deferred charges and accrued income490/1€4,062€3,841▼
Equity and liabilities
Total equity and liabilities10/49€1.9m€124,637▼
Equity10/15-€1.8m€122,391▲
Contributions10/11€62,000€2.0m▲
Capital10€62,000€2.0m▲
Issued capital100€62,000€2.0m▲
Reserves13€8,679€8,679=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€2,479€2,479=
Profit (loss) carried forward14-€1.8m-€1.9m▼
Amounts payable17/49€3.7m€2,246▼
Amounts payable within one year42/48€3.7m€2,229▼
Trade debts44€31€34▲
Suppliers440/4€31€34▲
Other amounts payable47/48€3.7m€2,195▼
Accrued charges and deferred income492/3-€17
Income statement Code20242025
Remuneration, social security and pensions62€29,149€3,497▼
Other operating charges640/8€1,581€1,889▲
Gross operating margin9900€153,293-€6,317▼
Operating profit (loss)9901€122,563-€11,703▼
Financial income75/76B€269,399€13▼
Recurring financial income75€269,399€13▼
Financial charges65/66B€2,024€636▼
Recurring financial charges65€2,024€636▼
Profit (loss) for the period before taxes9903€389,938-€12,326▼
Profit (loss) for the period9904€389,938-€12,326▼
Profit (loss) for the period to be appropriated9905€389,938-€12,326▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.8m-€1.9m▼
Profit (loss) brought forward from the previous period14P-€2.2m-€1.8m▲
Line20212022202320242025Change
Remuneration, social security and pensions62€186,875€117,466€81,968€29,149€3,497▼ 88.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66,114€65,128€66,293---
Other operating charges640/8€20,596€437,541€21,869€1,581€1,889▲ 19.5%
Gross operating margin9900€164,509€278,572€93,915€153,293-€6,317▼ 104%
Operating profit (loss)9901-€109,076-€341,563-€76,215€122,563-€11,703▼ 110%
Financial income75/76B--€3€269,399€13▼ 100.0%
Recurring financial income75--€3€269,399€13▼ 100.0%
Financial charges65/66B€1,407€1,173€1,589€2,024€636▼ 68.6%
Recurring financial charges65€1,407€1,173€1,589€2,024€636▼ 68.6%
Profit (loss) for the period before taxes9903-€110,483-€342,736-€77,801€389,938-€12,326▼ 103%
Income taxes67/77€366-€9,413----
Profit (loss) for the period9904-€110,849-€333,323-€77,801€389,938-€12,326▼ 103%
Profit (loss) for the period to be appropriated9905-€110,849-€333,323-€77,801€389,938-€12,326▼ 103%
Line20212022202320242025Change
Assets
Total assets20/58€3.3m€2.9m€2.2m€1.9m€124,637▼ 93.5%
Fixed assets21/28€256,068€219,525€153,232---
Tangible fixed assets22/27€147,728€85,185€18,892---
Plant, machinery and equipment23€144,676€81,544€17,375---
Furniture and vehicles24€3,052€3,641€1,517---
Financial fixed assets28€108,340€134,340€134,340---
Current assets29/58€3.1m€2.7m€2.0m€1.9m€124,637▼ 93.5%
Stocks and contracts in progress3€6,299-----
Stocks30/36€6,299-----
Amounts receivable within one year40/41€3.0m€2.6m€2.0m€1.9m€105,539▼ 94.4%
Trade receivables40€637,146€81,050€86,664---
Other amounts receivable41€2.4m€2.5m€1.9m€1.9m€105,539▼ 94.4%
Cash at bank and in hand54/58€64,202€99,856€2,966€21,983€15,257▼ 30.6%
Deferred charges and accrued income490/1€7,332€5,830€7,180€4,062€3,841▼ 5.4%
Equity and liabilities
Total equity and liabilities10/49€3.3m€2.9m€2.2m€1.9m€124,637▼ 93.5%
Equity10/15-€1.8m-€2.1m-€2.2m-€1.8m€122,391▲ 107%
Contributions10/11€62,000€62,000€62,000€62,000€2.0m▲ 3,075%
Capital10€62,000€62,000€62,000€62,000€2.0m▲ 3,075%
Issued capital100€62,000€62,000€62,000€62,000€2.0m▲ 3,075%
Reserves13€8,679€8,679€8,679€8,679€8,679=
Non-distributable reserves130/1€6,200€6,200€6,200€6,200€6,200=
Legal reserve130€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133€2,479€2,479€2,479€2,479€2,479=
Profit (loss) carried forward14-€1.8m-€2.2m-€2.2m-€1.8m-€1.9m▼ 0.7%
Amounts payable17/49€5.1m€5.0m€4.4m€3.7m€2,246▼ 99.9%
Amounts payable within one year42/48€5.0m€5.0m€4.4m€3.7m€2,229▼ 99.9%
Trade debts44€35,210€34,948€17,937€31€34▲ 9.7%
Suppliers440/4€35,210€34,948€17,937€31€34▲ 9.7%
Taxes, remuneration and social security45€41,171€12,497€10,957---
Taxes450/3€8,924€1,945€1,039---
Remuneration and social security454/9€32,247€10,552€9,918---
Other amounts payable47/48€5.0m€4.9m€4.3m€3.7m€2,195▼ 99.9%
Accrued charges and deferred income492/3€33,693€65€33-€17-
Line20212022202320242025Change
Profit (loss) for the period9904-€110,849-€333,323-€77,801€389,938-€12,326▼ 103%
+ Depreciation and write-downs630€66,114€65,128€66,293---
Operating cash flow (approximation)-€44,735-€268,195-€11,508€389,938-€12,326▼ 103%
Investment in fixed assets (approximation)--€28,585€0---
Change in cash-€35,654-€96,890€19,017-€6,726▼ 135%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-08
State Gazette act Capital & shares · Restructuring
Merger · Declaration · Share issue11 facts ▸
  • General meeting, 30-07-2026
  • Merger, fusion par absorption, sans soulte
  • Merger, fusion par absorption, sans soulte
  • Declaration, renonciation aux rapports
  • Share issue, actions nouvelles, 12474
  • Share issue, actions nouvelles, 30000
  • Other statement, rapport de l'organe d'administration
  • Auditor report, 29-07-2026
  • Capital increase, €1.745.444,91
  • Capital, €3.713.944,91
  • Statutes amendment, 5
22-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Liquidity times 108current ratio 55.92
Current ratio from 0.52 to 55.92; short-term debt falls from €3.7m to €2,229.
31-12
Financial Equity above €100,000Eq €122,391
Equity rises from -€1.8m to €122,391.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial Back to profitnet €389,938
Net result €389,938 after 5 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
07-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
31-12
Financial Weakest financial yearnet -€333,323
Net result drops to -€333,323, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Show earlier events
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1966
seat establishment The establishment unit on the map
Ground area
917 m²
Building footprint
322 m²
Volume, LiDAR
4,604 m³
2 parcels, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Kapellemarkt 8, 1000 Brussel
Air transport
since 19662.000.976.871
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0453/00L003 Brussels 526 m² 1 · 160 m² 18.4 m · 5 fl.
21809K1703/00G000 Brussels 392 m² 1 · 162 m² 15.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Accounting effect
Custody of records
Délais prescrits par la loi, siège de la Société Absorbante
Other statement
Modalités de décharge des administrateurs
Power of attorney
One provision in the deed

Structure & network

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

2 transactions
Took over:Beheid
BE 0404.144.560merger by absorption · State Gazette act of 10-08-2026 (2 acts) · effective 30-07-2026
Took over:Publifor
BE 0404.792.282merger by absorption · State Gazette act of 10-08-2026 (2 acts) · effective 30-07-2026

Capital and shareholders

Shareholders according to the acts
After the capital increase act of 10-08-2026 ↗
  • Publifor 12,474 shares · in kind
  • Beheid 30,000 shares · in kind

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 10-08-2026 Capital increase of 1,745,444.91 EUR · to 3,713,944.91 EUR · 42,474 new shares · in kind

Identification & contact

Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.