MONICA CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of MONICA CONSTRUCT is 2.9% (moderate). The 2024 annual accounts show equity of €29k and a net result of €14k. Its solvency ranks better than 44% of 36378 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▼-7
Solvency66▲+6
Growth52
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.28 in 2023; short-term debt: 58.7% and cash: 1% of total assets), but 58.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.3%
Return on assets
19.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-09-2025, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
33 d late
2023
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€29k▲ 88.0%
2023 · €16k
2023: €16k
2023 → 2024
Total assets
€71k▲ 57.6%
2023 · €45k
2023: €45k
2023 → 2024
Net result
€14k▼ 9.1%
2023 · €15k
2023: €15k
2023 → 2024
Working capital
€25k▲ 197%
2023 · €8k
2023: €8k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€16k-€29k▲ 88.0%
Operating result€19k-€18k▼ 7.0%
Net result€15k-€14k▼ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€5k▼ 37.4%
Current assets
€66k▲ 75.9%
Equity and liabilities €71k
Equity
€29k▲ 88.0%
Debt
€41k▲ 41.5%
The debt ratio falls from 65.3% to 58.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▲
2023 · €19k
Cash flow
€16k▲
2023 · €15k
Solvency
41.3%▲
2023 · 34.7%
Current ratio
1.60▲
2023 · 1.28
Quick ratio
1.60▲
2023 · 1.28
Debt / equity
1.42▼
2023 · 1.89
ROE
46.8%▼
2023 · 96.8%
ROA
19.4%▼
2023 · 33.5%
Interest coverage
730.94▼
2023 · 7722.90
Debt
€41k▲
2023 · €29k
Debt ≤ 1 year
€41k▲
2023 · €29k
Income taxes
€4k=
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€45k€71k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23€1k€457▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€38k€66k▲
Amounts receivable within one year40/41€23k€65k▲
Trade receivables40€22k€52k▲
Other amounts receivable41€1k€14k▲
Cash at bank and in hand54/58€15k€700▼
Equity and liabilities
Total equity and liabilities10/49€45k€71k▲
Equity10/15€16k€29k▲
Contributions10/11€500€500=
Outside capital11€500€500=
Share premium1100/10€500€500=
Profit (loss) carried forward14€15k€29k▲
Amounts payable17/49€29k€41k▲
Amounts payable within one year42/48€29k€41k▲
Trade debts44€12k€34k▲
Suppliers440/4€4k€230▼
Bills of exchange payable441€8k€33k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Other amounts payable47/48€14k-
Income statement
Code20232024
Remuneration, social security and pensions62€103-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€327€3k▲
Other operating charges640/8€173€974▲
Gross operating margin9900€20k€21k▲
Operating profit (loss)9901€19k€18k▼
Financial charges65/66B€3€28▲
Recurring financial charges65€3€28▲
Profit (loss) for the period before taxes9903€19k€18k▼
Income taxes67/77€4k€4k=
Profit (loss) for the period9904€15k€14k▼
Profit (loss) for the period to be appropriated9905€15k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€29k▲
Profit (loss) brought forward from the previous period14P-€15k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 33 days late
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergensesteenweg 241600 Sint-Pieters-LeeuwGround area
2,006 m²
Building footprint
664 m²
Volume, LiDAR
6,064 m³
2 parcels, Brussels, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MONICA CONSTRUCT
since 20232.341.777.166
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 21003A0099/00F004 | Brussels | 368 m² | 1 · 266 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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CRANINX
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 5,659 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2023
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:danibelevschi6@gmail.com
Phone:+32466282076