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MONFASOL

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1986active for 40 yearsChaussée de Marche 943, 5100 NamurKBO/BCE: BE 0429.014.667 #1 oldest company in the province of Namur, Energy sector

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1987
peak €108,936 (2012)
€51,421▼ 8.5%
lowest -€27,433 (2025)
-€27,433▼ €16,242
peak €154,766 (2023)
€116,142▼ 19.1%
€112,851▲ 5.9%
Board1 name since 2018
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Gross margin from -€30 to -€14,663Loss of €27,433Equity from €143,575 to €116,142Cash from €37,949 to €49,894

Key points

from the 2025 annual accounts

Losses

-€38,624 in two years
-11,1912024-27,4332025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Payment terms

144 days to suppliers
Suppliers
147 to 144
Customers
577 to 440

MONFASOL pays its suppliers 3 days earlier than in 2024. Customers pay 137 days earlier.

Filings

38 annual accounts since 1987
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 9 to 24 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,828 companies had the same profile as MONFASOL has now. Each dot stands for 15 companies, two years later.

84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

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.

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 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.

Credit verdict

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Signals

Board and ownership

Manager
Board & ownership

Recent changes

Appointment: (manager) General meeting of 31-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0429014667
First establishment Chaussée de Marche 943, Namur
Incorporation published on 03-07-1986 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 12-06-1986Normal situation
Activity
Electricity, gas, steam and air conditioning supplyNACE 35150and 1 other
Establishment unit
2.036.841.8305100 Namur, since 19-06-1986
Financial year end
31 December
Peppol
Reachable since 03-11-2025
Company details

Annual accounts 2025

€228,993▼ 8.5%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on MONFASOL

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.

Key facts about MONFASOL

What is the company number of MONFASOL?
The company number of MONFASOL is 0429.014.667. The VAT number is the same number with BE in front: BE 0429.014.667.
Where is MONFASOL based?
The registered office is at Chaussée de Marche 943, 5100 Namur.Company details
What does MONFASOL do?
According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35150).
What is the legal form of MONFASOL?
Legal form of MONFASOL: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was MONFASOL founded?
MONFASOL was founded on 12-06-1986.
Is MONFASOL still active?
Yes, MONFASOL is an active enterprise in the KBO register.
What is the turnover of MONFASOL?
The turnover of MONFASOL was €51,421 in financial year 2025, according to the filed annual accounts.Financials
Is MONFASOL profitable?
In financial year 2025, MONFASOL made a loss of €27,433.
Where can I find the annual accounts of MONFASOL?
MONFASOL filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MONFASOL due?
MONFASOL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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