MONIZZE
ActiveSummary
MONIZZE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For MONIZZE, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €14.8m and a net result of €7.5m. Equity is growing by about 44% per year across the filed financial years. Its solvency ranks better than 43% of 599 sector peers (NACE 66, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, full format
In the rankings
#8 company by staff growth in the Brussels-Capital Region, Auxiliary financial services sector#10 employer in the Brussels-Capital Region, Auxiliary financial services sector
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 17 October 2026.
Equity
€14.8m▲ 43.7%
2023 · €10.3m
Net result
€7.5m▼ 18.5%
2023 · €9.2m
Total assets
€38.7m▼ 3.7%
2023 · €40.2m
Solvency
38.1%▲ 12.6pp
2023 · 25.5%
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 17% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€19.6m
2024
Operating result€8.3m
2024
Net result€7.5m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€38.7m
2024
Equity€14.8m
2024
Debt€23.9m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€11.2m
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)19.4%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency38.1%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.52
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)70.1
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€8.5m€10.6m▲ 24.6%€13.1m▲ 23.2%€15.1m▲ 15.2%€17.8m▲ 18.2%€19.6m▲ 10.0%
Operating result€1.0m-€1.4m▲ 35.4%€1.7m▲ 22.6%€2.9m▲ 71.0%€8.1m▲ 177%€10.0m▲ 24.1%€8.3m▼ 17.4%
Net result€0.7m-€1.2m▲ 68.7%€1.4mabove the sector's middle half▲ 23.9%€2.6mabove the sector's middle half▲ 77.6%€7.3mabove the sector's middle half▲ 187%€9.2mabove the sector's middle half▲ 25.1%€7.5mabove the sector's middle half▼ 18.5%
Equity€1.6m-€2.7m▲ 73.8%€4.2mabove the sector's middle half▲ 52.6%€3.2mabove the sector's middle half▼ 22.6%€7.1mabove the sector's middle half▲ 119%€10.3mabove the sector's middle half▲ 45.0%€14.8mabove the sector's middle half▲ 43.7%
Total assets€6.9m-€9.8m▲ 42.2%€10.8mabove the sector's middle half▲ 9.8%€29.8mabove the sector's middle half▲ 176%€29.7mabove the sector's middle half▼ 0.4%€40.2mabove the sector's middle half▲ 35.5%€38.7mabove the sector's middle half▼ 3.7%
Debt€5.3m-€7.1m▲ 32.9%€6.6m▼ 6.7%€26.5m▲ 302%€22.6m▼ 14.9%€29.9m▲ 32.5%€23.9m▼ 20.0%
Working capital€1.4m-€1.9m▲ 34.3%€2.9mabove the sector's middle half▲ 49.8%€4.1mabove the sector's middle half▲ 43.0%€4.7mabove the sector's middle half▲ 14.8%€7.6mabove the sector's middle half▲ 61.0%€11.2mabove the sector's middle half▲ 48.2%
Solvency22.8%-27.9%▲ 5.1pp38.8%within the sector's middle half▲ 10.9pp10.9%below the sector's middle half▼ 27.9pp23.9%within the sector's middle half▲ 13.0pp25.5%within the sector's middle half▲ 1.7pp38.1%within the sector's middle half▲ 12.6pp
Current ratio1.30-1.31▲ 0.011.51within the sector's middle half▲ 0.201.18within the sector's middle half▼ 0.331.22within the sector's middle half▲ 0.041.27within the sector's middle half▲ 0.051.52within the sector's middle half▲ 0.25
Return on assets (ROA)10.0%-11.8%▲ 1.9pp13.4%within the sector's middle half▲ 1.5pp8.6%within the sector's middle half▼ 4.8pp24.8%above the sector's middle half▲ 16.2pp22.9%above the sector's middle half▼ 1.9pp19.4%within the sector's middle half▼ 3.5pp
Staff (FTE)38.5-42.3▲ 9.9%48.1above the sector's middle half▲ 13.7%49.7above the sector's middle half▲ 3.3%58.1above the sector's middle half▲ 16.9%63.4above the sector's middle half▲ 9.1%70.1above the sector's middle half▲ 10.6%
above
within
below
the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38.7m
Fixed assets
€5.9m ▲ 30.0%
Current assets
€32.8m ▼ 8.0%
Equity and liabilities €38.7m
Equity
€14.8m ▲ 43.7%
Debt
€23.9m ▼ 20.0%
Debt's share of the balance-sheet total falls from 74.5% to 61.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
50.8%▼
2023 · 89.5%
Debt ≤ 1 year
€21.6m▼
2023 · €28.1m
Debt > 1 year
€484,760▲
2023 · €482,110
Income taxes
€791,074▼
2023 · €958,463
Staff costs
€5.9m▲
2023 · €5.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €15.7m | €22.7m | €27.3m | €29.0m | ▲ 6.2% |
| Turnover70 | - | €8.5m | €10.6m | €13.1m | €15.1m | €17.8m | €19.6m | ▲ 10.0% |
| Own construction capitalised72 | - | - | - | €0.7m | €0.9m | €0.6m | €0.8m | ▲ 41.2% |
| Other operating income74 | - | - | - | €1.9m | €6.8m | €8.9m | €8.6m | ▼ 3.3% |
| Non-recurring operating income76A | - | - | - | - | - | €0.01m | €0 | ▼ 100% |
| Operating charges60/66A | - | - | - | €12.8m | €14.7m | €17.3m | €20.7m | ▲ 20.0% |
| Goods for resale, raw materials and consumables60 | - | - | - | €1.8m | €1.4m | €1.2m | €1.5m | ▲ 21.9% |
| Purchases600/8 | - | - | - | €1.8m | €1.4m | €1.2m | €1.5m | ▲ 21.9% |
| Services and other goods61 | - | - | - | €6.2m | €7.4m | €9.3m | €11.1m | ▲ 18.8% |
| Remuneration, social security and pensions62 | - | - | - | €3.9m | €4.5m | €5.1m | €5.9m | ▲ 15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m | €0.6m | €0.6m | €0.9m | €1.2m | €1.5m | €2.0m | ▲ 32.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.002m | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.05m | €0.1m | €0.08m | €0.2m | ▲ 198% |
| Non-recurring operating charges66A | - | - | - | €1 | €0.03m | €426 | €115 | ▼ 73.0% |
| Gross operating margin9900 | €3.6m | - | - | - | - | - | - | - |
| Operating profit (loss)9901 | €1.0m | €1.4m | €1.7m | €2.9m | €8.1m | €10.0m | €8.3m | ▼ 17.4% |
| Financial income75/76B | - | - | - | €0.007m | €0.05m | €0.2m | €0.3m | ▲ 88.5% |
| Recurring financial income75 | €0.009m | €0.005m | €0.003m | €0.007m | €0.05m | €0.2m | €0.3m | ▲ 86.0% |
| Income from financial fixed assets750 | - | - | - | €0.007m | €0.05m | €0.2m | €0.3m | ▲ 107% |
| Income from current assets751 | - | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Other financial income752/9 | - | - | - | €9 | €78 | €0.001m | €92 | ▼ 87.4% |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.005m | - |
| Financial charges65/66B | - | - | - | €0.03m | €0.04m | €0.06m | €0.3m | ▲ 492% |
| Recurring financial charges65 | €0.01m | €0.02m | €0.04m | €0.03m | €0.04m | €0.06m | €0.07m | ▲ 28.0% |
| Debt charges650 | - | €0.01m | €0.03m | €0.01m | €0.01m | €0.03m | €0.03m | ▲ 31.3% |
| Other financial charges652/9 | - | - | - | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 25.2% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €0.3m | - |
| Profit (loss) for the period before taxes9903 | €1.0m | €1.4m | €1.7m | €2.9m | €8.1m | €10.1m | €8.3m | ▼ 18.4% |
| Income taxes67/77 | €0.3m | €0.2m | €0.2m | €0.3m | €0.7m | €1.0m | €0.8m | ▼ 17.5% |
| Taxes670/3 | - | - | - | €0.4m | €0.7m | €1.0m | €0.8m | ▼ 17.5% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.02m | - | - | - | - |
| Profit (loss) for the period9904 | €0.7m | €1.2m | €1.4m | €2.6m | €7.3m | €9.2m | €7.5m | ▼ 18.5% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €1.3m | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €1.3m | - | €1.0m | €1.0m | = |
| Profit (loss) for the period to be appropriated9905 | €0.7m | €1.2m | €1.4m | €1.3m | €7.3m | €9.5m | €6.5m | ▼ 31.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6.9m | €9.8m | €10.8m | €29.8m | €29.7m | €40.2m | €38.7m | ▼ 3.7% |
| Fixed assets21/28 | €0.7m | €1.8m | €2.3m | €3.2m | €4.0m | €4.6m | €5.9m | ▲ 30.0% |
| Intangible fixed assets21 | €0.6m | €0.9m | €1.5m | €2.2m | €3.3m | €3.9m | €4.5m | ▲ 15.6% |
| Tangible fixed assets22/27 | €0.2m | €0.3m | €0.2m | €0.2m | €0.1m | €0.09m | €0.8m | ▲ 872% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.1m | €0.07m | €0.2m | ▲ 159% |
| Other tangible fixed assets26 | - | - | - | €0.05m | €0.03m | €0.02m | €0.7m | ▲ 4,237% |
| Financial fixed assets28 | €0.003m | €0.6m | €0.6m | €0.8m | €0.6m | €0.6m | €0.6m | ▲ 1.6% |
| Affiliated companies280/1 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 0.8% |
| Participating interests280 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 0.8% |
| Companies linked by participating interests282/3 | - | - | - | €0.3m | - | - | - | - |
| Amounts receivable283 | - | - | - | €0.3m | - | - | - | - |
| Other financial fixed assets284/8 | - | - | - | €0.004m | €0.004m | €0.003m | €0.008m | ▲ 165% |
| Shares284 | - | - | - | €1 | €1 | €1 | €1 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.004m | €0.004m | €0.003m | €0.008m | ▲ 165% |
| Current assets29/58 | €6.2m | €8.1m | €8.5m | €26.6m | €25.7m | €35.6m | €32.8m | ▼ 8.0% |
| Amounts receivable within one year40/41 | €5.0m | €5.9m | €7.0m | €13.8m | €13.2m | €15.9m | €14.8m | ▼ 7.0% |
| Trade receivables40 | - | - | - | €12.9m | €12.3m | €15.5m | €13.3m | ▼ 14.7% |
| Other amounts receivable41 | - | - | - | €0.8m | €1.0m | €0.3m | €1.5m | ▲ 348% |
| Current investments50/53 | €0.2m | - | €0.7m | €6.6m | €6.6m | €9.5m | €9.6m | ▲ 1.5% |
| Other investments51/53 | - | - | - | €6.6m | €6.6m | €9.5m | €9.6m | ▲ 1.5% |
| Cash at bank and in hand54/58 | €0.8m | €1.8m | €0.7m | €5.3m | €4.6m | €7.4m | €6.0m | ▼ 19.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.9m | €1.3m | €2.9m | €2.4m | ▼ 16.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6.9m | €9.8m | €10.8m | €29.8m | €29.7m | €40.2m | €38.7m | ▼ 3.7% |
| Equity10/15 | €1.6m | €2.7m | €4.2m | €3.2m | €7.1m | €10.3m | €14.8m | ▲ 43.7% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Capital10 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Issued capital100 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €0.07m | €0.1m | €0.1m | €1.4m | €1.4m | €2.4m | €3.4m | ▲ 41.8% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Tax-exempt reserves132 | - | - | - | €1.3m | €1.3m | €1.0m | €2.0m | ▲ 100% |
| Distributable reserves133 | - | - | - | - | - | €1.3m | €1.3m | = |
| Profit (loss) carried forward14 | €0.2m | €1.3m | €2.7m | €0.5m | €4.4m | €6.6m | €10.0m | ▲ 53.3% |
| Amounts payable17/49 | €5.3m | €7.1m | €6.6m | €26.5m | €22.6m | €29.9m | €23.9m | ▼ 20.0% |
| Amounts payable after more than one year17 | €0.2m | €0.8m | €0.8m | €0.4m | €0.5m | €0.5m | €0.5m | ▲ 0.5% |
| Other amounts payable178/9 | - | - | - | €0.4m | €0.5m | €0.5m | €0.5m | ▲ 0.5% |
| Amounts payable within one year42/48 | €4.7m | €6.1m | €5.6m | €22.5m | €21.0m | €28.1m | €21.6m | ▼ 23.2% |
| Trade debts44 | €4.2m | €5.8m | €4.9m | €17.7m | €16.4m | €21.0m | €17.5m | ▼ 16.4% |
| Suppliers440/4 | - | - | - | €17.7m | €16.4m | €21.0m | €17.5m | ▼ 16.4% |
| Taxes, remuneration and social security45 | - | - | - | €1.0m | €1.1m | €1.1m | €1.1m | ▼ 5.1% |
| Taxes450/3 | - | - | - | €0.4m | €0.2m | €0.4m | €0.4m | ▲ 16.1% |
| Remuneration and social security454/9 | - | - | - | €0.6m | €0.9m | €0.7m | €0.6m | ▼ 16.5% |
| Other amounts payable47/48 | - | - | - | €3.8m | €3.5m | €6.0m | €3.0m | ▼ 50.0% |
| Accrued charges and deferred income492/3 | - | - | - | €3.6m | €1.1m | €1.4m | €1.9m | ▲ 37.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.7m | €1.2m | €1.4m | €2.6m | €7.3m | €9.2m | €7.5m | ▼ 18.5% |
| + Depreciation and write-downs630 | €0.4m | €0.6m | €0.6m | €0.9m | €1.2m | €1.5m | €2.0m | ▲ 32.7% |
| Operating cash flow (approximation) | €1.1m | €1.8m | €2.1m | €3.4m | €8.5m | €10.7m | €9.5m | ▼ 11.4% |
| Investment in fixed assets (approximation) | - | -€1.6m | -€1.2m | -€1.8m | -€2.0m | -€2.0m | -€3.3m | ▼ 62.8% |
| Change in cash | - | €1.0m | -€1.1m | €4.6m | -€0.7m | €2.8m | -€1.4m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 13-08-2025 | 2025-00373095 |
| 31-12-2023 | full format | 28-09-2024 | 2024-00477088 |
| 31-12-2022 | full format | 28-07-2023 | 2023-00285680 |
| 31-12-2021 | full format | 22-07-2022 | 2022-20215334 |
| 31-12-2020 | full format | 31-08-2021 | 2021-63600597 |
| 31-12-2019 | full format | 31-07-2020 | 2020-37400551 |
| 31-12-2018 | full format | 31-07-2019 | 2019-42400290 |
| 31-12-2017 | full format | 27-07-2018 | 2018-39000066 |
| 31-12-2016 | full format | 27-07-2017 | 2017-37300061 |
| 31-12-2015 | full format | 04-08-2016 | 2016-39900554 |
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** GEGUNDE OPDRACHT ** Raamovereenkomst voor het aanmaken en verdelen van elektronische (maaltijd)cheques en de bijhorende dienstverlening: ALL-24-005 - 1
Emission de titres-repas électroniques - Marché conjoint Commune / CPAS - 2025-2029
Raamovereenkomst met één deelnemer betreffende het uitgeven, ter beschikking stellen en beheer van elektronische cadeaucheques voor het personeel van AP Hogeschool: AP/OP/2025-007 - 1
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Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.