MONITR
ActiveMONITR has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-297k) and a net result of €-94k. Equity is shrinking by ~61.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency67=
Growth58▲+26
Stability94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.19 against 2.09 in 2023), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
-374.4%
Return on assets
-119.2%
Age of the figures
20 mo
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 · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€297k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
21 d late
2022
31 d late
2021
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-297k▼ 46.7%
2023 · €-202k
2021: €94k
2022: €250k
2023: €-202k
2021 → 2024
Total assets
€79k▼ 40.1%
2023 · €132k
2021: €121k
2022: €319k
2023: €132k
2021 → 2024
Net result
€-94k▲ 79.1%
2023 · €-452k
2021: €-111k
2022: €-344k
2023: €-452k
2021 → 2024
Working capital
€37k▼ 39.6%
2023 · €61k
2021: €85k
2022: €230k
2023: €61k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€94k-€250k▲ 166%€-202k€-297k▼ 46.7%
Operating result€-110k-€-343k▼ 211%€-440k▼ 28.2%€-71k▲ 83.8%
Net result€-111k-€-344k▼ 211%€-452k▼ 31.4%€-94k▲ 79.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €71k in 2024 against €440k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79k
Fixed assets
€11k▼ 23.9%
Current assets
€68k▼ 42.0%
Key figures and ratios
EBITDA
€-68k▲
2023 · €-436k
Cash flow
€-91k▲
2023 · €-448k
Solvency
-374.4%▼
2023 · -153.0%
Current ratio
2.19▲
2023 · 2.09
Quick ratio
2.19▲
2023 · 2.09
Debt / equity
-1.27▲
2023 · -1.65
ROE
31.8%▼
2023 · 223.7%
ROA
-119.2%▲
2023 · -342.2%
Interest coverage
-2.93▲
2023 · -36.84
Debt
€376k▲
2023 · €334k
Debt ≤ 1 year
€31k▼
2023 · €56k
Debt > 1 year
€290k▲
2023 · €250k
Income taxes
€80▼
2023 · €132
Staff costs
€59k▼
2023 · €228k
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€132k€79k▼
Fixed assets21/28€14k€11k▼
Tangible fixed assets22/27€8k€4k▼
Furniture and vehicles24€8k€4k▼
Financial fixed assets28€7k€7k=
Current assets29/58€118k€68k▼
Amounts receivable within one year40/41€52k€19k▼
Trade receivables40€38k€11k▼
Other amounts receivable41€15k€8k▼
Cash at bank and in hand54/58€62k€48k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€132k€79k▼
Equity10/15€-202k€-297k▼
Contributions10/11€705k€705k=
Capital10€705k€250k▼
Issued capital100€705k€250k▼
Outside capital11-€455k
Share premium1100/10-€455k
Profit (loss) carried forward14€-907k€-1.00M▼
Amounts payable17/49€334k€376k▲
Amounts payable after more than one year17€250k€290k▲
Financial debts170/4€250k€290k▲
Amounts payable within one year42/48€56k€31k▼
Financial debts43€951€872▼
Credit institutions430/8€951€872▼
Trade debts44€25k€18k▼
Suppliers440/4€25k€18k▼
Taxes, remuneration and social security45€30k€12k▼
Taxes450/3€7k€1k▼
Remuneration and social security454/9€23k€11k▼
Other amounts payable47/48€244€244=
Accrued charges and deferred income492/3€28k€55k▲
Income statement
Code20232024
Remuneration, social security and pensions62€228k€59k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k€21k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-192k€15k▲
Operating profit (loss)9901€-440k€-71k▲
Financial income75/76B€104€53▼
Recurring financial income75€104€53▼
Financial charges65/66B€12k€23k▲
Recurring financial charges65€12k€23k▲
Profit (loss) for the period before taxes9903€-452k€-94k▲
Income taxes67/77€132€80▼
Profit (loss) for the period9904€-452k€-94k▲
Profit (loss) for the period to be appropriated9905€-452k€-94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-907k€-1.00M▼
Profit (loss) brought forward from the previous period14P€-455k€-907k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Weakest financial yearnet €-452k
Net result drops to €-452k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €200kEq €250k ▲166%
Equity rises from €94k to €250k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Antwerpen · 1 establishment unit since 2020
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.
Vredestraat 832600 AntwerpenGround area
223 m²
Building footprint
85 m²
Volume, LiDAR
686 m³
Parcel 11003B0044/00N006, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MONITR
since 20202.308.596.040
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003B0044/00N006 | Flanders | 223 m² | 1 · 85 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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GESTION, FINANCE ET INFORMATIQUE
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BIT-CONSULTANCY LB
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CLOUDFACTORY
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Of 16,811 companies in sector 62100 we hold annual accounts for 8,750. 6,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-10-2020
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
70200Business and other management consultancy
70220Business consulting
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
78200Temporary employment agencies and other provision of personnel
78300Employment activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@monitr.be