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MONGA

Active Private limited companyfounded 2007active for 19 yearsSparrenstraat 21, 9870 ZulteKBO/BCE: BE 0891.925.391

Lifetime

18 annual accounts with figures on one time axis
peak €59,436 (2010)
€7,787▲ 562%
lowest -€17,143 (2020)
€7,333▲ 12×
peak €27,551 (2014)
€6,893▲ €7,333
€129,034▲ 17.7%
Board1 name since 2007
1 director
Documentsfilings and deeds
27-03-202634 days before the deadline
2025micro format
Gross margin from €1,176 to €7,787Result from €606 to €7,333Equity from -€440 to €6,893Debts from €109,625 to €129,034Cash from €450 to €1,108

Key points

from the 2025 annual accounts

Turnover

≈ €59,000 estimated

The accounts state no turnover.

Debts

€129,034 95% of the balance sheet

Position in the sector

5.1%

Lower solvency than 82% of companies in forestry. Sector median 43.4% · 368 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,325 companies had the same profile as MONGA has now. Each dot stands for 4 companies, two years later.

95.2%
were still trading
3.2%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 3.0% 3.1%
10 5.6% 6.2%

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 1,325 companies, not a prediction for MONGA. 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

Director, since 21-08-2007
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0891925391
New director appointed, resigned · “Het beheer van een eigen onroerend vermogen, omvattend: het aanleggen, het oordeelkundig uitbouwen en beheren…” (deed in Dutch) · Director discharge: · Gazette deed
First establishment Sparrenstraat 21, Zulte
Incorporation published on 17-09-2007 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
MONGA Zulte €135,927 €7,787 5.1% -
BION BOIS Chiny €175,987 €8,093 88.3% -
M&S ATOUT BOIS Bertrix €97,405 €8,524 23.4% -
BOIS SERVICES Rendeux €110,190 €11,990 76.3% -
Tuinhout Vanbilsen Beringen €214,404 €10,677 50.0% -
GILBERT FT Doische €127,756 €16,574 48.2% -
ARDUINA Gembloux €193,270 €5,896 37.9% -

These companies have the same main activity as MONGA: logging (NACE 02200). They are comparable in size and age: total assets between €97,400 and €214,000, founded between 1995 and 2012.

Official details

Source: KBO
Status
Active since 07-09-2007Normal situation
Activity
LoggingNACE 02200and 1 other
Establishment unit
2.165.441.9559870 Zulte, since 05-10-2007
Financial year end
30 September
Peppol
Reachable since 05-01-2026
Company details

Annual accounts to 30-09-2025

€135,927▲ 24.5%
Filing
Filed on 27-03-2026, 34 days before the end of the filing period
Financials

Insights on MONGA

MONGA files the micro format. That format states no turnover. The gross margin rose from €2,905 in 2008 to €7,787 in 2025.

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 MONGA

What is the company number of MONGA?
The company number of MONGA is 0891.925.391. The VAT number is the same number with BE in front: BE 0891.925.391.
Where is MONGA based?
The registered office is at Sparrenstraat 21, 9870 Zulte.Company details
What does MONGA do?
According to the KBO register, the main activity is logging (NACE 02200).
What is the legal form of MONGA?
MONGA is a private limited company (BV).
When was MONGA founded?
MONGA was founded on 07-09-2007.
Is MONGA still active?
Yes, MONGA is an active enterprise in the KBO register.
What is the turnover of MONGA?
The turnover in financial year 2025 is ≈ €59,000. This figure is estimated from the gross margin of €7,787 and 6,296 comparable companies of the same size. It probably lies between €27,000 and €140,000. It is a rough estimate.Financials
Is MONGA profitable?
In financial year 2025, MONGA made a profit of €7,333.
Where can I find the annual accounts of MONGA?
MONGA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MONGA due?
MONGA must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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