Lower solvency than 82% of companies in forestry. Sector median 43.4% · 368 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0891925391
New directorHidden nameVisible after signing in appointed, Name after signing inVisible after signing in resigned · “Het beheer van een eigen onroerend vermogen, omvattend: het aanleggen, het oordeelkundig uitbouwen en beheren…” (deed in Dutch) · Director discharge: Name hiddenVisible after signing in · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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