Monolith
ActiveSummary
Monolith has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,174 and a net result of €18,660. Equity is growing by ~43.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 2026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+9
Solvency97▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 3.33 against 2.17 in 2024; short-term debt: 27.6% and cash: 79.9% of total assets), and 27.6% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.4%
Return on assets
29.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d early
2023
29 d early
2022
4 d early
2021
3 d early
2020
1 d late
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
€45,174▲ 70.4%
2024 · €26,515
Total assets
€62,358▲ 28.2%
2024 · €48,653
Net result
€18,660▲ 120%
2024 · €8,489
Working capital
€40,050▲ 54.5%
2024 · €25,915
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€17,780€45,351€135▼ 99.7%€11,872▲ 8,711%€25,183▲ 112%
Net result-€18,037below the sector's middle half€43,949above the sector's middle half-€146within the sector's middle half€8,489within the sector's middle half€18,660within the sector's middle half▲ 120%
Equity-€25,778below the sector's middle half▼ 233%€18,171within the sector's middle half€18,025within the sector's middle half▼ 0.8%€26,515within the sector's middle half▲ 47.1%€45,174within the sector's middle half▲ 70.4%
Total assets€28,891below the sector's middle half▼ 36.0%€33,408below the sector's middle half▲ 15.6%€41,874below the sector's middle half▲ 25.3%€48,653within the sector's middle half▲ 16.2%€62,358within the sector's middle half▲ 28.2%
Debt€54,668▲ 3.3%€15,236▼ 72.1%€23,849▲ 56.5%€22,138▼ 7.2%€17,184▼ 22.4%
Working capital-€26,871below the sector's middle half▼ 199%€17,242within the sector's middle half€17,261within the sector's middle half▲ 0.1%€25,915within the sector's middle half▲ 50.1%€40,050within the sector's middle half▲ 54.5%
Solvency-89.2%below the sector's middle half▼ 72.1pp54.4%within the sector's middle half▲ 143.6pp43.0%within the sector's middle half▼ 11.3pp54.5%within the sector's middle half▲ 11.5pp72.4%within the sector's middle half▲ 17.9pp
Current ratio0.51below the sector's middle half▼ 0.322.13within the sector's middle half▲ 1.621.72within the sector's middle half▼ 0.412.17within the sector's middle half▲ 0.453.33within the sector's middle half▲ 1.16
Return on assets (ROA)-62.4%below the sector's middle half▼ 104.0pp131.6%above the sector's middle half▲ 194.0pp-0.3%within the sector's middle half▼ 131.9pp17.4%within the sector's middle half▲ 17.8pp29.9%above the sector's middle half▲ 12.5pp
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 112% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62,358
Fixed assets
€5,125 ▲ 754%
Current assets
€57,233 ▲ 19.1%
Equity and liabilities €62,358
Equity
€45,174 ▲ 70.4%
Debt
€17,184 ▼ 22.4%
Debt's share of the balance-sheet total falls from 45.5% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25,689▲
2024 · €12,037
Cash flow
€19,166▲
2024 · €8,654
Debt to equity
0.38▼
2024 · 0.83
ROE
41.3%▲
2024 · 32.0%
Interest coverage
183.25▲
2024 · 125.58
Debt ≤ 1 year
€17,184▼
2024 · €22,138
Income taxes
€6,387▲
2024 · €3,526
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €164 | €164 | €164 | €165 | €506 | ▲ 208% |
| Other operating charges640/8 | - | €158 | €0 | - | €387 | - |
| Gross operating margin9900 | -€17,615 | €45,673 | €299 | €12,037 | €26,077 | ▲ 117% |
| Operating profit (loss)9901 | -€17,780 | €45,351 | €135 | €11,872 | €25,183 | ▲ 112% |
| Financial income75/76B | - | €88 | €1 | €239 | €4 | ▼ 98.4% |
| Recurring financial income75 | €5 | €88 | €1 | €239 | €4 | ▼ 98.4% |
| Financial charges65/66B | - | €189 | €136 | €96 | €140 | ▲ 46.3% |
| Recurring financial charges65 | €261 | €189 | €136 | €96 | €140 | ▲ 46.3% |
| Profit (loss) for the period before taxes9903 | -€18,037 | €45,250 | €1 | €12,016 | €25,046 | ▲ 108% |
| Income taxes67/77 | - | €1,301 | €147 | €3,526 | €6,387 | ▲ 81.1% |
| Profit (loss) for the period9904 | -€18,037 | €43,949 | -€146 | €8,489 | €18,660 | ▲ 120% |
| Profit (loss) for the period to be appropriated9905 | -€18,037 | €43,949 | -€146 | €8,489 | €18,660 | ▲ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,891 | €33,408 | €41,874 | €48,653 | €62,358 | ▲ 28.2% |
| Fixed assets21/28 | €1,093 | €929 | €765 | €600 | €5,125 | ▲ 754% |
| Tangible fixed assets22/27 | €493 | €329 | €165 | €0 | €4,360 | - |
| Plant, machinery and equipment23 | - | €329 | €165 | €0 | €4,360 | - |
| Financial fixed assets28 | €600 | €600 | €600 | €600 | €765 | ▲ 27.5% |
| Current assets29/58 | €27,797 | €32,479 | €41,110 | €48,053 | €57,233 | ▲ 19.1% |
| Amounts receivable within one year40/41 | €1,974 | €10,596 | €7,435 | €3,437 | €6,724 | ▲ 95.6% |
| Trade receivables40 | - | €8,524 | €5,717 | €2,742 | €5,111 | ▲ 86.4% |
| Other amounts receivable41 | - | €2,072 | €1,718 | €696 | €1,613 | ▲ 132% |
| Cash at bank and in hand54/58 | €25,363 | €21,399 | €33,144 | €44,034 | €49,806 | ▲ 13.1% |
| Deferred charges and accrued income490/1 | - | €484 | €531 | €581 | €703 | ▲ 20.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,891 | €33,408 | €41,874 | €48,653 | €62,358 | ▲ 28.2% |
| Equity10/15 | -€25,778 | €18,171 | €18,025 | €26,515 | €45,174 | ▲ 70.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €11,971 | €11,825 | €20,315 | €38,974 | ▲ 91.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | €10,111 | €9,965 | €18,455 | €38,974 | ▲ 111% |
| Profit (loss) carried forward14 | -€33,838 | €0 | - | - | - | - |
| Amounts payable17/49 | €54,668 | €15,236 | €23,849 | €22,138 | €17,184 | ▼ 22.4% |
| Amounts payable within one year42/48 | €54,668 | €15,236 | €23,849 | €22,138 | €17,184 | ▼ 22.4% |
| Trade debts44 | €2,982 | €4,460 | €10,145 | €568 | €1,045 | ▲ 84.1% |
| Suppliers440/4 | - | €4,460 | €10,145 | €568 | €1,045 | ▲ 84.1% |
| Advances received on contracts in progress46 | - | - | €250 | €0 | - | - |
| Taxes, remuneration and social security45 | - | €1,338 | €147 | €38 | €660 | ▲ 1,651% |
| Taxes450/3 | - | €1,338 | €147 | €38 | €660 | ▲ 1,651% |
| Other amounts payable47/48 | - | €9,438 | €13,307 | €21,533 | €15,479 | ▼ 28.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,037 | €43,949 | -€146 | €8,489 | €18,660 | ▲ 120% |
| + Depreciation and write-downs630 | €164 | €164 | €164 | €165 | €506 | ▲ 208% |
| Operating cash flow (approximation) | -€17,872 | €44,114 | €18 | €8,654 | €19,166 | ▲ 121% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€5,031 | - |
| Change in cash | - | -€3,964 | €11,746 | €10,890 | €5,772 | ▼ 47.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €8,489
Net result €8,489 after one loss-making year.
02-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €43,949
Net result €43,949 after one loss-making year.
30-06
Financial
Liquidity quadruplescurrent ratio 2.13
Current ratio from 0.51 to 2.13; short-term debt falls from €54,668 to €15,236.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet -€18,037
Net result drops to -€18,037, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 1 establishment unit since 2009
Ground area
202 m²
Building footprint
110 m²
Volume, LiDAR
1,426 m³
Parcel 21910E0036/00L023, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Gaucheretstraat 205, 1030 Schaarbeek
since 20092.183.973.806
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0036/00L023 | Brussels | 202 m² | 1 · 110 m² | 17.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 8,313 companies in sector 90201 we hold annual accounts for 601. 478 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-2009
Fiscal year end30-06
Activities, NACEBEL 2025
90201Performing arts by independent artists
E-invoicing
Reachable via Peppol
Peppol ID
0208:0821775189
Also
9925:BE0821775189
Registered
20-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.