MONKEYBALL
ActiveSummary
MONKEYBALL has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,507 and a net result of -€76,363. Equity has been growing by about 17% per year since 2019. Its solvency ranks better than 55% of 3,861 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-01-2011 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 3 others
- Establishment unit
- 2.197.074.942 5000 Namur, since 18-01-2011
- Financial year end
- 30 September
- Peppol
- Reachable since 22-01-2026
Board and ownership
- BAZELAIRE GillesDirector · since 18-01-2011
- Gilles Bazelaireannual accounts 30-09-2024
- Holdings
- Shares in 4 companies including GARDE A VOUS ! and LA NICHE
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- -€32,085
- ▼ 38.2%
- Loss
- €76,363
- ▲ 156%
- Equity
- €129,507
- ▼ 37.1%
- Total assets
- €219,839
- ▼ 10.3%
Score breakdownraises riskLoss of €76,363, the second in a row (financial year 2025)Liquidity: current ratio 1.50, cash €3,506lowers riskSize: total assets €219,839Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 54% of them on solvency, 14% on liquidity, 4% on profitability and 16% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 29-04-2026 PDF all 14 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €34,458, larger than the loss of €26,303 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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, return on assets (ROA) and staff (FTE).
- 2022 Net result +3,150% on 2021. The accounts now follow the full format, last year the micro format.
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €22,377 | €2,801 | - | €900 | €10,254 |
| Financial fixed assets | €50,000 | €30,000 | €17,469 | - | - |
| Depreciation and write-downs of the year | €668 | €1,200 | €1,828 | €1,593 | €1,277 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as MONKEYBALL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €171,000 and €274,000, founded between 2007 and 2012.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| MONKEYBALL Namur | 2011 | €219,839 | €129,507 | -€32,085 | -€76,363 | 0 | 2025 |
| SPUTNIK Mechelen | 2010 | €202,073 | €173,592 | €0 | -€22,589 | 0 | 2025 |
| SMH IMMO Machelen (Brab.) | 2012 | €255,092 | €211,440 | -€5,778 | -€24,912 | 0 | 2025 |
| AIMO Malmedy | 2011 | €183,647 | -€164,496 | -€30,148 | -€50,611 | 0 | 2025 |
| B.SOLUTIONS Mons | 2007 | €201,373 | €66,645 | -€2,665 | -€997 | 0 | 2025 |
| WEY-Co Neufchâteau | 2012 | €274,254 | -€115 | -€9,376 | -€165,412 | 0 | 2025 |
| TREBOR RUTLER INTERNATIONAL Leuven | 2008 | €171,382 | €155,985 | -€31,236 | -€31,849 | 0 | 2025 |
They were chosen from the 54,694 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 observationIn July 2024, 4,805 companies had the same profile as MONKEYBALL has now. Two years later, 2.0% had gone bankrupt and 88.1% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MONKEYBALL itself is lower: 0.3% within 12 months. It rests on far more data about MONKEYBALL than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 MONKEYBALL. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €12,366 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €492 | €309 | €668 | €1,200 | €1,828 | €1,593 | €1,277 | ▼ 19.8% |
| Other operating charges640/8 | - | - | €1,645 | €403 | €6,482 | €1,493 | €1,097 | ▼ 26.5% |
| Gross operating margin9900 | €2,043 | €17,062 | €17,087 | -€31,238 | -€40,765 | -€23,218 | -€32,085 | ▼ 38.2% |
| Operating profit (loss)9901 | €644 | €15,812 | €14,775 | -€32,841 | -€49,075 | -€26,303 | -€34,458 | ▼ 31.0% |
| Financial income75/76B | - | - | - | €412,527 | €716 | €759 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €300 | €716 | €759 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | - | - | €412,227 | €0 | - | - | - |
| Financial charges65/66B | - | - | €1,685 | €2,722 | €4,155 | €4,089 | €38,221 | ▲ 835% |
| Recurring financial charges65 | €805 | €1,302 | €1,685 | €2,722 | €4,155 | €4,089 | €1,920 | ▼ 53.1% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €36,302 | - |
| Profit (loss) for the period before taxes9903 | -€161 | €14,510 | €13,090 | €376,965 | -€52,514 | -€29,633 | -€72,679 | ▼ 145% |
| Income taxes67/77 | €1,851 | €4,823 | €5,149 | €118,909 | €156 | €146 | €3,684 | ▲ 25× |
| Profit (loss) for the period9904 | -€2,012 | €9,687 | €7,941 | €258,056 | -€52,671 | -€29,779 | -€76,363 | ▼ 156% |
| Profit (loss) for the period to be appropriated9905 | -€2,012 | €9,687 | €7,941 | €258,056 | -€52,671 | -€29,779 | -€76,363 | ▼ 156% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €47,060 | €90,267 | €84,652 | €370,306 | €300,088 | €245,032 | €219,839 | ▼ 10.3% |
| Fixed assets21/28 | €17,847 | €17,258 | €71,931 | €96,600 | €112,241 | €111,549 | €84,225 | ▼ 24.5% |
| Tangible fixed assets22/27 | €717 | €408 | €5,081 | €6,682 | €4,854 | €4,161 | €13,139 | ▲ 216% |
| Furniture and vehicles24 | - | - | €1,931 | €3,975 | €2,589 | €2,203 | €11,487 | ▲ 421% |
| Other tangible fixed assets26 | - | - | €3,149 | €2,707 | €2,265 | €1,958 | €1,652 | ▼ 15.6% |
| Financial fixed assets28 | €17,130 | €16,850 | €66,850 | €89,918 | €107,387 | €107,387 | €71,086 | ▼ 33.8% |
| Current assets29/58 | €29,213 | €73,009 | €12,721 | €273,706 | €187,846 | €133,484 | €135,614 | ▲ 1.6% |
| Amounts receivable after more than one year29 | - | - | - | €60,000 | €76,016 | €76,769 | €76,769 | = |
| Other amounts receivable291 | - | - | - | €60,000 | €76,016 | €76,769 | €76,769 | = |
| Amounts receivable within one year40/41 | €23,869 | €40,668 | €10,805 | €81,629 | €41,565 | €51,522 | €50,312 | ▼ 2.3% |
| Trade receivables40 | - | - | €10,805 | €18,755 | €41,565 | €51,522 | €50,312 | ▼ 2.3% |
| Other amounts receivable41 | - | - | - | €62,874 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €5,344 | €31,590 | €1,608 | €130,120 | €67,835 | €3,287 | €3,506 | ▲ 6.6% |
| Deferred charges and accrued income490/1 | - | - | €308 | €1,957 | €2,430 | €1,906 | €5,028 | ▲ 164% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €47,060 | €90,267 | €84,652 | €370,306 | €300,088 | €245,032 | €219,839 | ▼ 10.3% |
| Equity10/15 | €12,635 | €22,323 | €30,264 | €288,319 | €235,649 | €205,869 | €129,507 | ▼ 37.1% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €15,855 | €25,355 | €33,255 | €291,155 | €291,155 | €291,155 | €291,155 | = |
| Non-distributable reserves130/1 | - | - | €1,855 | €1,855 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,855 | €1,855 | €0 | - | - | - |
| Distributable reserves133 | - | - | €31,400 | €289,300 | €291,155 | €291,155 | €291,155 | = |
| Profit (loss) carried forward14 | -€15,620 | -€15,432 | -€15,391 | -€15,236 | -€67,906 | -€97,686 | -€174,048 | ▼ 78.2% |
| Amounts payable17/49 | €34,425 | €67,945 | €54,388 | €81,987 | €64,439 | €39,163 | €90,333 | ▲ 131% |
| Amounts payable after more than one year17 | - | - | - | €7,707 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €7,707 | €0 | - | - | - |
| Amounts payable within one year42/48 | €34,042 | €67,450 | €52,980 | €73,034 | €63,540 | €36,380 | €90,333 | ▲ 148% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,167 | €7,707 | €0 | - | - |
| Trade debts44 | €6,388 | €34,790 | €4,001 | €20,076 | €17,691 | €16,136 | €32,959 | ▲ 104% |
| Suppliers440/4 | - | - | €4,001 | €20,076 | €17,691 | €16,136 | €32,959 | ▲ 104% |
| Taxes, remuneration and social security45 | - | - | €14,337 | €23,638 | €9,712 | €8,741 | €4,164 | ▼ 52.4% |
| Taxes450/3 | - | - | €14,337 | €21,738 | €7,812 | €6,841 | €4,164 | ▼ 39.1% |
| Remuneration and social security454/9 | - | - | €0 | €1,900 | €1,900 | €1,900 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €34,641 | €19,153 | €28,430 | €11,502 | €53,210 | ▲ 363% |
| Accrued charges and deferred income492/3 | - | - | €1,409 | €1,246 | €899 | €2,783 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,012 | €9,687 | €7,941 | €258,056 | -€52,671 | -€29,779 | -€76,363 | ▼ 156% |
| + Depreciation and write-downs630 | €492 | €309 | €668 | €1,200 | €1,828 | €1,593 | €1,277 | ▼ 19.8% |
| Operating cash flow (approximation) | -€1,520 | €9,997 | €8,609 | €259,256 | -€50,843 | -€28,187 | -€75,086 | ▼ 166% |
| Investment in fixed assets (approximation) | - | €280 | -€55,341 | -€25,870 | -€17,469 | -€900 | €26,047 | - |
| Change in cash | - | €26,246 | -€29,982 | €128,512 | -€62,285 | -€64,548 | €218 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | full format | 29-04-2026 | 2026-00100986 | |
| 30-09-2024 | full format | 30-04-2025 | 2025-00089441 | |
| 30-09-2023 | full format | 30-04-2024 | 2024-00081307 | |
| 30-09-2022 | full format | 28-04-2023 | 2023-00080186 | |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20016659 | |
| 30-09-2020 | micro format | 27-05-2021 | 2021-15400501 | |
| 30-09-2019 | micro format | 30-04-2020 | 2020-11800410 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-11300550 | |
| 30-09-2017 | micro format | 26-04-2018 | 2018-11100548 | |
| 30-09-2016 | full format | 28-04-2017 | 2017-10700335 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Gilles Bazelairenatural personSourceown accounts 30-09-2024share not stated
Capital transactions
- 12-09-2023 Converted to unavailable equity
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, avec ou sans limitation de durée”
Articles of association, deed of 12-09-2023 (in French)
Network & group
Holdings and subsidiaries
4 holdingsHoldings 4
Source for every holding own accounts 30-09-2025
- Equity -€209,155 Loss of €55,328 in 2025 (loss of €42,938 in 2024) Checked score 5333%
- Equity -€1.2m Loss of €450,228 in 2025 (loss of €195,323 in 2024) Checked score 212.01%
- Equity -€65,768 Loss of €95,411 in 2025 (loss of €9,387 in 2024) Checked score 201.49%
- Equity €29,999 Loss of €42,632 in 2025 (loss of €40,602 in 2024) Checked score 531.49%
Board mandates elsewhere
3 board mandatesConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
12-09
Gazette deed
Legal-form change · Resignations & appointmentsAppointment: BAZELAIRE Gilles (statutory director) · Incorporation · Capital conversion12 points ▸
- General meeting, 05-09-2023
- Incorporation, 17-01-2011
- Other provision, “statuts non modifiés à ce jour” (deed in French)
- Other provision, “adoptée à l’unanimité des voix, application du Code des sociétés et associations” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “adoptée à l’unanimité des voix, dispense de libération et suppression du compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Capital
- Director appointment, BAZELAIRE Gilles (statutory director)
- Registered office clause, “5000 Namur, rue Catherine de Savoie”, 25 (deed in French)
- General meeting, “unanimité, tous pouvoirs au(x) administrateur(s) pour exécution résolutions précédentes” (deed in French)
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
15 activities
- L’exercice de fonctions ou de mandats d'administrateur,de gérant,de liquidateur de toute personne morale,quelle qu’en soit la qualification,en qualité d’organe ou non,sans exception
- La prise de participation sous quelque forme que ce soit,dans toutes sociétés,associations,établissements existants ou à créer,ayant des activités industrielles,financières,immobilières,commerciales ou civiles
- La gestion et la valorisation de ces participations,notamment par la stimulation,la planification et la coordination du développement des sociétés,associations,établissements dans lesquels elle détient une participation
- L'achat,la vente,la cession et l'échange,à titre personnel ou fiduciaire,seul ou en association,avec ou sans démembrement,de toutes valeurs mobilières,actions,parts sociales,obligations,fonds d'Etat,et de tous droits mobiliers et immobiliers
- La réalisation de toutes études en faveurs de tiers notamment des sociétés,associations,établissements dans lesquels elle détient,directement ou indirectement,une participation,et l’exécution de toute assistance technique,administrative et financière
- L’octroi de tous prêts,avances et garanties personnelles ou réelles,ainsi que la réalisation de toutes opérations financières
- Le commerce et la représentation sous toutes les formes et plus particulièrement l'achat,la vente,l'importation et l'exportation de toutes matières,produits et marchandises,machines,appareils et outillages
- L'achat et la vente d'oeuvres d'arts et d'objets de collection
- L’organisation de tous évènements ou manifestations
- La conception,la création et l’exploitation de tout projet ou oeuvre graphique ou de tout site dans l’internet
- La prestation de services dans un des domaines énoncés ci-avant,ainsi qu’en matière d’innovation et de création d’entreprises
- Et la consultance en général et plus particulièrement en matière de gestion,de restructuration de méthodologie,d'informatique et d'applications techniques
- L'achat,l'échange,la vente,la prise en location et en sous-location,ainsi que la cession en location et en sous-location,le tout avec ou sans option d'achat,en pleine propriété ou non,l'exploitation et l'entretien de maisons,appartements,bureaux,magasins,fonds de commerce,terrains,terres et domaines,et de manière générale,de tous biens immobiliers,ainsi que toutes opérations de financement.Elle pourra ériger toutes constructions pour son compte ou pour compte de tiers,en tant que maître de l'ouvrage ou entrepreneur général,et effectuer,éventuellement aux biens immobiliers,des transformations et mises en valeur ainsi que l'étude et l'aménagement de lotissements y compris la construction de routes et égouts;acheter tous matériaux,signer tous contrats d'entreprises qui seraient nécessaires.Elle peut acheter,exploiter et construire tant pour elle-même que pour des tiers,par location ou autrement,tous parkings,garages,station-service et d'entretien
- Et la prestation de tous services dans le cadre de son objet,y compris la gestion de patrimoine
- Dispenser des conseils et assurer ou organiser toutes formations ou manifestations dans le domaine culinaire ou encore plus largement,de l’art de la table,y compris la commercialisation de toutes marchandises,matériaux ou ustensiles liés à ce domaine
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92302D0236/00E007 | Wallonia | 321 m² | 1 · 71 m² | 20.0 m · 4 |