Losses
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
MONFASOL pays its suppliers 3 days earlier than in 2024. Customers pay 137 days earlier.
The last five annual accounts were filed 9 to 24 days before the end of the period.
In July 2024, 5,828 companies had the same profile as MONFASOL has now. Each dot stands for 15 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,828 companies, not a prediction for MONFASOL. 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.
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.
| Company | ||||
|---|---|---|---|---|
| MONFASOL Namur | €228,993 | -€14,663 | 50.7% | - |
| ECO VORM Wonen Dendermonde | €395,028 | -€7,289 | 20.6% | - |
| Costantin Solutions Sint-Gillis (bij-Brussel) | €479,430 | €3,598 | 32.0% | - |
| Truant Poperinge | €958,979 | €1,602 | 92.7% | - |
| DEGESTEN Bouillon | €316,443 | €7,513 | 95.4% | - |
| MATRIKA Duffel | €628,181 | €10,563 | 98.4% | - |
| ENERGYLEASE Lanaken | €240,795 | -€3,164 | 10.0% | - |
These companies have the same main activity as MONFASOL: electricity, gas, steam and air conditioning supply (NACE 35150). They are comparable in size and age: total assets between €241,000 and €959,000, founded between 1965 and 2010.
MONFASOL has existed since 1986. Turnover fell from €106,446 in 2006 to €51,421 in 2025.
Turnover has fallen every year since 2022. Solvency fell in 2025 from 57.4% to 50.7% because of the loss and higher debts to suppliers.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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