MONIRO
ActiveSummary
MONIRO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €531,656 and a net result of €7,038. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result stays negative: a loss of €715 in 2025 against €818 in 2024; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €384 | €288 | €497 | €431 | €316 | ▼ 26.8% |
| Gross operating margin9900 | -€460 | -€348 | -€348 | -€348 | -€348 | -€384 | -€387 | -€400 | ▼ 3.2% |
| Operating profit (loss)9901 | -€720 | -€613 | -€796 | -€732 | -€635 | -€881 | -€818 | -€715 | ▲ 12.6% |
| Financial income75/76B | - | - | - | €9,910 | €6,859 | €10,151 | €10,343 | €10,473 | ▲ 1.3% |
| Recurring financial income75 | €9,494 | €9,637 | €9,790 | €9,910 | €6,859 | €10,151 | €10,343 | €10,473 | ▲ 1.3% |
| Financial charges65/66B | - | - | - | €78 | €102 | €84 | €84 | €85 | ▲ 0.6% |
| Recurring financial charges65 | €209 | €258 | €275 | €78 | €102 | €84 | €84 | €85 | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €8,565 | €8,766 | €8,719 | €9,101 | €6,121 | €9,186 | €9,441 | €9,673 | ▲ 2.5% |
| Income taxes67/77 | €1,416 | €2,745 | €2,271 | €2,429 | €1,634 | €2,452 | €2,519 | €2,636 | ▲ 4.6% |
| Profit (loss) for the period9904 | €7,149 | €6,022 | €6,448 | €6,672 | €4,488 | €6,735 | €6,921 | €7,038 | ▲ 1.7% |
| Profit (loss) for the period to be appropriated9905 | €7,149 | €6,022 | €6,448 | €6,672 | €4,488 | €6,735 | €6,921 | €7,038 | ▲ 1.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €490,485 | €497,185 | €506,001 | €510,114 | €515,024 | €520,148 | €530,102 | €536,810 | ▲ 1.3% |
| Fixed assets21/28 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Financial fixed assets28 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Current assets29/58 | €428,985 | €435,685 | €444,501 | €448,614 | €453,524 | €458,648 | €468,602 | €475,310 | ▲ 1.4% |
| Amounts receivable within one year40/41 | €428,926 | €435,388 | €444,478 | €448,488 | €453,514 | €458,556 | €468,599 | €475,271 | ▲ 1.4% |
| Other amounts receivable41 | - | - | - | €448,488 | €453,514 | €458,556 | €468,599 | €475,271 | ▲ 1.4% |
| Cash at bank and in hand54/58 | €59 | €297 | €23 | €125 | €10 | €93 | €4 | €39 | ▲ 993% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €490,485 | €497,185 | €506,001 | €510,114 | €515,024 | €520,148 | €530,102 | €536,810 | ▲ 1.3% |
| Equity10/15 | €487,332 | €493,354 | €499,802 | €506,474 | €510,962 | €517,697 | €524,618 | €531,656 | ▲ 1.3% |
| Contributions10/11 | €114,204 | €114,204 | €114,204 | €114,204 | €114,204 | €114,204 | €114,204 | €114,204 | = |
| Capital10 | - | - | - | €114,204 | €114,204 | €114,204 | €114,204 | €114,204 | = |
| Issued capital100 | - | - | - | €114,204 | €114,204 | €114,204 | €114,204 | €114,204 | = |
| Reserves13 | €373,128 | €379,150 | €385,598 | €392,270 | €396,758 | €403,493 | €410,414 | €417,452 | ▲ 1.7% |
| Non-distributable reserves130/1 | - | - | - | €11,420 | €11,420 | €11,420 | €11,420 | €11,420 | = |
| Legal reserve130 | - | - | - | €11,420 | €11,420 | €11,420 | €11,420 | €11,420 | = |
| Distributable reserves133 | - | - | - | €380,850 | €385,338 | €392,072 | €398,994 | €406,031 | ▲ 1.8% |
| Amounts payable17/49 | €3,153 | €3,831 | €6,199 | €3,639 | €4,062 | €2,452 | €5,484 | €5,154 | ▼ 6.0% |
| Amounts payable within one year42/48 | €3,153 | €3,831 | €6,199 | €3,639 | €4,062 | €2,452 | €5,484 | €5,154 | ▼ 6.0% |
| Trade debts44 | - | - | €2,689 | - | €2,429 | - | €2,965 | €2,573 | ▼ 13.2% |
| Suppliers440/4 | - | - | - | - | €2,429 | - | €2,965 | €2,573 | ▼ 13.2% |
| Taxes, remuneration and social security45 | - | - | - | €2,429 | €1,634 | €2,452 | €2,519 | €2,582 | ▲ 2.5% |
| Taxes450/3 | - | - | - | €2,429 | €1,634 | €2,452 | €2,519 | €2,582 | ▲ 2.5% |
| Other amounts payable47/48 | - | - | - | €1,211 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,149 | €6,022 | €6,448 | €6,672 | €4,488 | €6,735 | €6,921 | €7,038 | ▲ 1.7% |
| Operating cash flow (approximation) | €7,149 | €6,022 | €6,448 | €6,672 | €4,488 | €6,735 | €6,921 | €7,038 | ▲ 1.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €238 | -€274 | €102 | -€115 | €83 | -€89 | €35 | ▲ 139% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.