MONOLITH ENERGY

Active

Private limited companyfounded 20196 yrs activeRue de la Brûlée(BIE) 8, 6533 Thuin, BelgiumKBO/BCE: BE 0739.854.632

MONOLITH ENERGY has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €191k and a net result of €184k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 1199 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2024

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability92▲+5

Solvency44▲+19

Growth85▲+13

Track record100

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €10k at 30 days acceptable

Liquidity tight (current ratio 1.22 against 1.0 in 2023; short-term debt: 80.7% and cash: 1% of total assets), and 80.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Sector 82

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

71 d late

2023

68 d late

2022

46 d early

2021

124 d late

2020

178 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

€847k▲ 137%

2021 · €358k

2021: €358k

2021 → 2022

EBIT margin

87.9%▲ 16.8pp

2021 · 71.2%

2021: 71.2%

2021 → 2022

Net result

€184k▼ 7.1%

2023 · €198k

2020: €110k 2021: €195k 2022: €563k 2023: €198k

2020 → 2024

Working capital

€180k▲ 2,777%

2023 · €6k

2020: €116k 2021: €311k 2022: €874k 2023: €6k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€358k€847k▲ 137%

Equity€117k-€312k▲ 167%€875k▲ 181%€7k▼ 99.3%€191k▲ 2,835%

Operating result€145k-€255k▲ 76.0%€744k▲ 192%€233k▼ 68.6%€240k▲ 2.9%

Net result€110k-€195k▲ 76.6%€563k▲ 189%€198k▼ 64.8%€184k▼ 7.1%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 3% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €990k

98.9%

Fixed assets €11k

Current assets €979k

Equity and liabilities €990k

19.3%

80.7%

Equity €191k▲ 2,835%

Debt €799k▼ 41.4%

The debt ratio falls from 99.5% to 80.7%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€241k▲

2023 · €234k

Cash flow

€185k▼

2023 · €199k

Solvency

19.3%▲

2023 · 0.5%

Current ratio

1.22▲

2023 · 1.00

Quick ratio

1.22▲

2023 · 1.00

Debt / equity

4.19

ROE

96.6%

ROA

18.6%▲

2023 · 14.5%

Interest coverage

397.17▲

2023 · 389.40

Debt

€799k▼

2023 · €1.36M

Debt ≤ 1 year

€799k▼

2023 · €1.36M

Income taxes

€55k▲

2023 · €34k

Staff costs

€93k▼

2023 · €99k

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€1.37M€990k▼

Formation expenses20€256-

Fixed assets21/28-€11k

Tangible fixed assets22/27-€11k

Other tangible fixed assets26-€11k

Current assets29/58€1.37M€979k▼

Amounts receivable within one year40/41€1.27M€969k▼

Trade receivables40€1.13M€907k▼

Other amounts receivable41€141k€62k▼

Cash at bank and in hand54/58€97k€10k▼

Equity and liabilities

Total equity and liabilities10/49€1.37M€990k▼

Equity10/15€7k€191k▲

Contributions10/11€7k€7k=

Outside capital11€7k€7k=

Other1109/19€7k€7k=

Reserves13-€184k

Distributable reserves133-€184k

Amounts payable17/49€1.36M€799k▼

Amounts payable within one year42/48€1.36M€799k▼

Taxes, remuneration and social security45€296k€33k▼

Taxes450/3€295k€33k▼

Remuneration and social security454/9€2k-

Other amounts payable47/48€1.07M€766k▼

Income statement Code20232024

Remuneration, social security and pensions62€99k€93k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€256€542▲

Other operating charges640/8€448€1k▲

Gross operating margin9900€333k€335k▲

Operating profit (loss)9901€233k€240k▲

Financial income75/76B€1-

Recurring financial income75€1-

Financial charges65/66B€600€606▲

Recurring financial charges65€600€606▲

Profit (loss) for the period before taxes9903€233k€240k▲

Income taxes67/77€34k€55k▲

Profit (loss) for the period9904€198k€184k▼

Profit (loss) for the period to be appropriated9905€198k€184k▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.07M€184k▼

Profit (loss) brought forward from the previous period14P€868k-

Transfer to equity691/2-€184k

To the legal reserve6920-€184k

Profit to be distributed694/7€1.07M-

Return on contributions (dividend)694€1.07M-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

2025

10-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 71 days late

2024

31-12

Financial Equity above €150kEq €191k ▲2835%

5 profitable years in a row build equity to €191k.

07-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 68 days late

2023

15-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2020net €563k ▲189%

Operating result €744k, net result €563k, both a record.

31-12

Financial Equity above €500kEq €875k ▲181%

3 profitable years in a row build equity to €875k.

02-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 124 days late

25-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 178 days late

2021

31-12

Financial Equity above €200kEq €312k ▲167%

2 profitable years in a row build equity to €312k.

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Thuin · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Rue de la Brûlée(BIE) 86533 Thuin

Ground area

1,061 m²

Building footprint

129 m²

Volume, LiDAR

776 m³

Parcel 56009A0261/00A002, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MONOLITH ENERGY

Rue de la Brûlée(BIE) 8, 6533 ThuinOther business support services

since 20192.299.583.156

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
56009A0261/00A002	Wallonia	1,061 m²	1 · 129 m²	7.7 m · 2 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.

Similar companies · same sector, comparable size

Hamme (Vl.) · Eq €191k

Brasschaat · Eq €191k

Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 6,955 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded20-12-2019

Fiscal year end31-12

Activities, NACEBEL

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

E-mail:BAUDSON.AXEL@GMAIL.COM

Enterprise

Phone:+32479857862

Enterprise