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MONKEY LOGISTICS

Active
Private limited companyfounded 2014active for 12 yearsBulstraat 16, 9270 Laarne, BelgiumKBO/BCE: BE 0545.748.427

Financials · financial year 2025, micro format

2025 annual accounts filed 68 days after the deadline Filed on 7 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00549259.

Annual accounts 2025 filed on 07-10-2026 at the NBB all 12 filings

Equity
€74,851▼ 25.2%
2024 · €100,029
Total assets
€133,978▼ 2.9%
2024 · €137,999
Net result
-€25,178
2024 · €4,193
Working capital
€74,851▼ 25.2%
2024 · €100,029
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €25,125, after a profit of €4,238 in 2024. It is the lowest result since 2021.

Operating result-€25,125 2025 Net result-€25,178 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€14,623-€32,488▲ 122%-€36,548€9,987€56,427▲ 465%-€17,507€4,238-€25,125
Net result€10,528-€24,730▲ 135%-€36,861below the sector's middle half€9,654within the sector's middle half€46,597above the sector's middle half▲ 383%-€17,554below the sector's middle half€4,193within the sector's middle half-€25,178below the sector's middle half
Equity€69,270-€94,000▲ 35.7%€57,139within the sector's middle half▼ 39.2%€66,793within the sector's middle half▲ 16.9%€113,390within the sector's middle half▲ 69.8%€95,836within the sector's middle half▼ 15.5%€100,029within the sector's middle half▲ 4.4%€74,851within the sector's middle half▼ 25.2%
Total assets€101,749-€122,079▲ 20.0%€85,514within the sector's middle half▼ 30.0%€134,237within the sector's middle half▲ 57.0%€178,283within the sector's middle half▲ 32.8%€155,355within the sector's middle half▼ 12.9%€137,999within the sector's middle half▼ 11.2%€133,978within the sector's middle half▼ 2.9%
Debt€32,479-€28,079▼ 13.5%€28,375▲ 1.1%€67,444▲ 138%€64,893▼ 3.8%€59,519▼ 8.3%€37,970▼ 36.2%€59,127▲ 55.7%
Working capital€68,670-€92,796▲ 35.1%€56,537within the sector's middle half▼ 39.1%€66,793within the sector's middle half▲ 18.1%€113,390above the sector's middle half▲ 69.8%€95,836above the sector's middle half▼ 15.5%€100,029above the sector's middle half▲ 4.4%€74,851within the sector's middle half▼ 25.2%
Solvency68.1%-77.0%▲ 8.9pp66.8%within the sector's middle half▼ 10.2pp49.8%within the sector's middle half▼ 17.1pp63.6%within the sector's middle half▲ 13.8pp61.7%within the sector's middle half▼ 1.9pp72.5%within the sector's middle half▲ 10.8pp55.9%within the sector's middle half▼ 16.6pp
Current ratio3.11-4.30▲ 1.192.99within the sector's middle half▼ 1.311.99within the sector's middle half▼ 1.002.75within the sector's middle half▲ 0.762.61within the sector's middle half▼ 0.143.63within the sector's middle half▲ 1.022.27within the sector's middle half▼ 1.37
Return on assets (ROA)10.3%-20.3%▲ 9.9pp-43.1%below the sector's middle half▼ 63.4pp7.2%within the sector's middle half▲ 50.3pp26.1%above the sector's middle half▲ 18.9pp-11.3%below the sector's middle half▼ 37.4pp3.0%within the sector's middle half▲ 14.3pp-18.8%below the sector's middle half▼ 21.8pp
above within below The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €133,978
Equity €74,851 ▼ 25.2%
Debt €59,127 ▲ 55.7%
Debt's share of the balance-sheet total rises from 27.5% to 44.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.79▲
2024 · 0.38
ROE
-33.6%▼
2024 · 4.2%
Debt ≤ 1 year
€59,127▲
2024 · €37,970
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as MONKEY LOGISTICS: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €107,000 and €213,000, founded between 2009 and 2018.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
MONKEY LOGISTICS Laarne2014€133,978€74,851-€24,515--€25,1782025
MYND Zulte2014€114,677-€1,313-€5,445--€32,7932025
Printing.be Evergem2013€168,987-€108,934-€43,815--€86,9142025
Backboon Services Mechelen2013€168,286€144,806-€4,644€50,852-€13,6782025
QUADRE-S Aalst2009€141,299€125,325-€16,093--€22,5572025
Adagio Services Wortegem-Petegem2016€212,510€180,764€337--€1,1032025
BO CARE Aalst2018€107,169€47,168-€1,083--€8002025

They were chosen from the 3,636 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 4,805 companies had the same profile as MONKEY LOGISTICS has now. Two years later, 2.0% had gone bankrupt and 88.2% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.2% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MONKEY LOGISTICS itself is lower: 0.3% within 12 months. It rests on far more data about MONKEY LOGISTICS than the profile alone.

Test of the method

The method was tested on the 497,445 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 4,805 companies, not a prediction for MONKEY LOGISTICS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines

Source: Annual accounts 2025 at the NBB, filed on 07-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€137,999€133,978▼
Current assets29/58€137,999€133,978▼
Amounts receivable within one year40/41€62,133€57,293▼
Trade receivables40€41,901€37,061▼
Other amounts receivable41€20,232€20,232=
Cash at bank and in hand54/58€75,866€76,685▲
Equity and liabilities
Total equity and liabilities10/49€137,999€133,978▼
Equity10/15€100,029€74,851▼
Contributions10/11€6,210€6,210=
Reserves13€1,860€1,860=
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14€91,959€66,781▼
Amounts payable17/49€37,970€59,127▲
Amounts payable within one year42/48€37,970€59,127▲
Trade debts44-€22,274
Suppliers440/4-€22,274
Taxes, remuneration and social security45€1,786€670▼
Taxes450/3€1,786€670▼
Other amounts payable47/48€36,184€36,184=
Income statement Code20242025
Other operating charges640/8€528€610▲
Gross operating margin9900€4,766-€24,515▼
Operating profit (loss)9901€4,238-€25,125▼
Financial charges65/66B€45€53▲
Recurring financial charges65€45€53▲
Profit (loss) for the period before taxes9903€4,193-€25,178▼
Profit (loss) for the period9904€4,193-€25,178▼
Profit (loss) for the period to be appropriated9905€4,193-€25,178▼
Appropriation of the result
Profit (loss) to be appropriated9906€91,959€66,781▼
Profit (loss) brought forward from the previous period14P€87,766€91,959▲

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,242€1,202€602€602-----
Other operating charges640/8---€444€410€666€528€610▲ 15.5%
Gross operating margin9900€16,274€34,099-€35,079€11,033€56,837-€16,841€4,766-€24,515-
Operating profit (loss)9901€14,623€32,488-€36,548€9,987€56,427-€17,507€4,238-€25,125-
Recurring financial income75--€5------
Financial charges65/66B---€178€271€47€45€53▲ 17.4%
Recurring financial charges65€84€89€111€178€271€47€45€53▲ 17.4%
Profit (loss) for the period before taxes9903€14,539€32,399-€36,654€9,809€56,156-€17,554€4,193-€25,178-
Income taxes67/77€4,011€7,669€207€155€9,559----
Profit (loss) for the period9904€10,528€24,730-€36,861€9,654€46,597-€17,554€4,193-€25,178-
Profit (loss) for the period to be appropriated9905€10,528€24,730-€36,861€9,654€46,597-€17,554€4,193-€25,178-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€101,749€122,079€85,514€134,237€178,283€155,355€137,999€133,978▼ 2.9%
Fixed assets21/28€600€1,204€602------
Tangible fixed assets22/27€600€1,204€602------
Current assets29/58€101,149€120,875€84,912€134,237€178,283€155,355€137,999€133,978▼ 2.9%
Amounts receivable within one year40/41€46,593€77,445€78,901€67,042€85,499€44,288€62,133€57,293▼ 7.8%
Trade receivables40---€45,429€45,254€42,848€41,901€37,061▼ 11.6%
Other amounts receivable41---€21,613€40,245€1,440€20,232€20,232=
Cash at bank and in hand54/58€53,531€40,912€3,541€65,581€92,784€111,067€75,866€76,685▲ 1.1%
Deferred charges and accrued income490/1---€1,614-----
Equity and liabilities
Total equity and liabilities10/49€101,749€122,079€85,514€134,237€178,283€155,355€137,999€133,978▼ 2.9%
Equity10/15€69,270€94,000€57,139€66,793€113,390€95,836€100,029€74,851▼ 25.2%
Contributions10/11€6,210€6,210-€6,210€6,210€6,210€6,210€6,210=
Contributions outside capital11---€6,210-----
Other1109/19---€6,210-----
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133-----€1,860€1,860€1,860=
Profit (loss) carried forward14€61,200€85,930€49,069€58,723€105,320€87,766€91,959€66,781▼ 27.4%
Amounts payable17/49€32,479€28,079€28,375€67,444€64,893€59,519€37,970€59,127▲ 55.7%
Amounts payable within one year42/48€32,479€28,079€28,375€67,444€64,893€59,519€37,970€59,127▲ 55.7%
Trade debts44€1,312€243€454€45,573€34,979€13,622-€22,274-
Suppliers440/4---€45,573€34,979€13,622-€22,274-
Taxes, remuneration and social security45---€1,871€9,714€9,558€1,786€670▼ 62.5%
Taxes450/3---€1,871€9,714€9,558€1,786€670▼ 62.5%
Other amounts payable47/48---€20,000€20,200€36,339€36,184€36,184=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€10,528€24,730-€36,861€9,654€46,597-€17,554€4,193-€25,178-
+ Depreciation and write-downs630€1,242€1,202€602€602-----
Operating cash flow (approximation)€11,770€25,932-€36,259€10,256€46,597-€17,554€4,193-€25,178-
Investment in fixed assets (approximation)--€1,806€0------
Change in cash--€12,619-€37,371€62,040€27,203€18,283-€35,201€819-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 07-10-2026 2026-00549259 NBB
31-12-2024 micro format 18-07-2025 2025-00283946 PDF
31-12-2023 micro format 19-06-2024 2024-00140728 PDF
31-12-2022 micro format 31-07-2023 2023-00294332 PDF
31-12-2021 micro format 18-08-2022 2022-20293789 PDF
31-12-2020 micro format 07-09-2021 2021-66700210 PDF
31-12-2019 micro format 16-07-2020 2020-30700160 PDF
31-12-2018 micro format 26-08-2019 2019-50500345 PDF
31-12-2017 micro format 30-08-2018 2018-54700148 PDF
31-12-2016 micro format 30-08-2017 2017-52000134 PDF

Show all 12 filings

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