MONOPOLI
ActiveSummary
MONOPOLI has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €172k and a net result of €10k. Equity is growing by ~7.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 6.4 against 18.76 in 2023; short-term debt: 12.1% and cash: 5.2% of total assets), and 12.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
on the day
2022
6 d early
2021
25 d early
2020
36 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k▼ 5.5%
2023 · €11k
2018: €9klowest in 7 years
2019: €21k▲ +139% vs 2018
2020: €13k▼ -41.3% vs 2019
2021: €24k▲ +89.8% vs 2020highest in 7 years
2022: €15k▼ -36.5% vs 2021
2023: €11k▼ -27.5% vs 2022
2024: €10k▼ -5.5% vs 2023
2018 → 2024
Working capital
€129k▲ 12.0%
2023 · €115k
2018: €4klowest in 7 years
2019: €35k▲ +862% vs 2018
2020: €54k▲ +53.9% vs 2019
2021: €61k▲ +12.7% vs 2020
2022: €88k▲ +44.8% vs 2021
2023: €115k▲ +30.3% vs 2022
2024: €129k▲ +12.0% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€135k-€136k▲ 0.8%€151k▲ 11.2%€162k▲ 7.3%€172k▲ 6.4%
2020: €135klowest in 5 years
2021: €136k▲ +0.8% vs 2020
2022: €151k▲ +11.2% vs 2021
2023: €162k▲ +7.3% vs 2022
2024: €172k▲ +6.4% vs 2023highest in 5 years
Operating result€18k-€35k▲ 99.2%€20k▼ 42.0%€14k▼ 28.7%€15k▲ 2.1%
2020: €18k
2021: €35k▲ +99.2% vs 2020highest in 5 years
2022: €20k▼ -42.0% vs 2021
2023: €14k▼ -28.7% vs 2022lowest in 5 years
2024: €15k▲ +2.1% vs 2023
Net result€13k-€24k▲ 89.8%€15k▼ 36.5%€11k▼ 27.5%€10k▼ 5.5%
2020: €13k
2021: €24k▲ +89.8% vs 2020highest in 5 years
2022: €15k▼ -36.5% vs 2021
2023: €11k▼ -27.5% vs 2022
2024: €10k▼ -5.5% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €197k
Fixed assets
€44k ▼ 17.3%
Current assets
€153k ▲ 25.7%
Equity and liabilities €197k
Equity
€172k ▲ 6.4%
Debt
€25k ▲ 86.5%
Debt's share of the balance-sheet total rises from 7.6% to 12.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▼
2023 · €24k
Cash flow
€20k▼
2023 · €21k
Current ratio
6.40▼
2023 · 18.76
Debt to equity
0.14▲
2023 · 0.08
ROE
6.0%▼
2023 · 6.8%
ROA
5.3%▼
2023 · 6.3%
Interest coverage
172.35▲
2023 · 147.07
Debt ≤ 1 year
€24k▲
2023 · €6k
Income taxes
€4k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€175k€197k▲
Fixed assets21/28€54k€44k▼
Tangible fixed assets22/27€54k€44k▼
Land and buildings22€30k€30k=
Plant, machinery and equipment23€22k€14k▼
Furniture and vehicles24€1k€398▼
Current assets29/58€122k€153k▲
Amounts receivable within one year40/41€61k€142k▲
Trade receivables40€3k€558▼
Other amounts receivable41€58k€142k▲
Current investments50/53€4€8▲
Cash at bank and in hand54/58€60k€10k▼
Deferred charges and accrued income490/1€413€277▼
Equity and liabilities
Total equity and liabilities10/49€175k€197k▲
Equity10/15€162k€172k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€75k€110k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€67k€103k▲
Profit (loss) carried forward14€25k€0▼
Amounts payable17/49€13k€25k▲
Amounts payable within one year42/48€6k€24k▲
Trade debts44€6k€19k▲
Suppliers440/4€6k€19k▲
Taxes, remuneration and social security45€611€5k▲
Taxes450/3€611€5k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€7k€988▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€29k€26k▼
Operating profit (loss)9901€14k€15k▲
Financial income75/76B€65€52▼
Recurring financial income75€65€52▼
Financial charges65/66B€165€140▼
Recurring financial charges65€165€140▼
Profit (loss) for the period before taxes9903€14k€15k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€11k€10k▼
Profit (loss) for the period to be appropriated9905€11k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€35k▲
Profit (loss) brought forward from the previous period14P€16k€25k▲
Transfer to equity691/2€2k€35k▲
To the legal reserve6920€2k€0▼
To other reserves6921-€35k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €15k | €11k | €10k | €9k | ▼ 5.2% |
| Other operating charges640/8 | - | €6k | €7k | €5k | €2k | ▼ 53.5% |
| Gross operating margin9900 | €38k | €57k | €38k | €29k | €26k | ▼ 9.9% |
| Operating profit (loss)9901 | €18k | €35k | €20k | €14k | €15k | ▲ 2.1% |
| Financial income75/76B | - | €1 | - | €65 | €52 | ▼ 20.5% |
| Recurring financial income75 | €809 | €1 | - | €65 | €52 | ▼ 20.5% |
| Financial charges65/66B | - | €106 | €59 | €165 | €140 | ▼ 15.4% |
| Recurring financial charges65 | - | €106 | €59 | €165 | €140 | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | €18k | €35k | €20k | €14k | €15k | ▲ 2.2% |
| Income taxes67/77 | €6k | €11k | €5k | €3k | €4k | ▲ 27.2% |
| Profit (loss) for the period9904 | €13k | €24k | €15k | €11k | €10k | ▼ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €13k | €24k | €15k | €11k | €10k | ▼ 5.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €201k | €220k | €236k | €175k | €197k | ▲ 12.5% |
| Fixed assets21/28 | €80k | €75k | €63k | €54k | €44k | ▼ 17.3% |
| Tangible fixed assets22/27 | €80k | €75k | €63k | €54k | €44k | ▼ 17.3% |
| Land and buildings22 | - | €30k | €30k | €30k | €30k | = |
| Plant, machinery and equipment23 | - | €41k | €31k | €22k | €14k | ▼ 38.7% |
| Furniture and vehicles24 | - | €3k | €2k | €1k | €398 | ▼ 61.2% |
| Current assets29/58 | €120k | €145k | €173k | €122k | €153k | ▲ 25.7% |
| Amounts receivable within one year40/41 | €7k | €1k | €8k | €61k | €142k | ▲ 134% |
| Trade receivables40 | - | €0 | - | €3k | €558 | ▼ 78.0% |
| Other amounts receivable41 | - | €1k | €8k | €58k | €142k | ▲ 143% |
| Current investments50/53 | - | - | - | €4 | €8 | ▲ 89.3% |
| Cash at bank and in hand54/58 | €113k | €144k | €165k | €60k | €10k | ▼ 82.9% |
| Deferred charges and accrued income490/1 | - | €220 | €237 | €413 | €277 | ▼ 33.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €201k | €220k | €236k | €175k | €197k | ▲ 12.5% |
| Equity10/15 | €135k | €136k | €151k | €162k | €172k | ▲ 6.4% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €72k | €73k | €73k | €75k | €110k | ▲ 47.0% |
| Non-distributable reserves130/1 | - | €5k | €5k | €8k | €8k | = |
| Legal reserve130 | - | €4k | €4k | €6k | €6k | = |
| Reserves not available under the articles1311 | - | - | - | €1k | €1k | = |
| Other1319 | - | €1k | €1k | - | - | - |
| Distributable reserves133 | - | €67k | €67k | €67k | €103k | ▲ 52.2% |
| Profit (loss) carried forward14 | €689 | €689 | €16k | €25k | €0 | ▼ 100% |
| Amounts payable17/49 | €66k | €84k | €85k | €13k | €25k | ▲ 86.5% |
| Amounts payable within one year42/48 | €66k | €84k | €84k | €6k | €24k | ▲ 269% |
| Trade debts44 | €524 | €1k | €16k | €6k | €19k | ▲ 223% |
| Suppliers440/4 | - | €1k | €16k | €6k | €19k | ▲ 223% |
| Taxes, remuneration and social security45 | - | €2k | €2k | €611 | €5k | ▲ 703% |
| Taxes450/3 | - | €2k | €2k | €611 | €5k | ▲ 703% |
| Other amounts payable47/48 | - | €80k | €66k | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | €910 | €7k | €988 | ▼ 85.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €24k | €15k | €11k | €10k | ▼ 5.5% |
| + Depreciation and write-downs630 | €14k | €15k | €11k | €10k | €9k | ▼ 5.2% |
| Operating cash flow (approximation) | €26k | €39k | €26k | €21k | €20k | ▼ 5.3% |
| Investment in fixed assets (approximation) | - | €-9k | €0 | €0 | €0 | - |
| Change in cash | - | €31k | €21k | €-105k | €-50k | ▲ 52.2% |
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
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 9current ratio 18.76
Current ratio from 2.05 to 18.76; short-term debt falls from €84k to €6k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €151k ▲11.2%
5 profitable years in a row build equity to €151k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €24k ▲89.8%
Operating result €35k, net result €24k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are 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 1988
Ground area
1,700 m²
Building footprint
1,393 m²
Volume, LiDAR
12,090 m³
Parcel 21905C0024/00W002, Brussels · tallest building 16.8 m, ±3 floors. Linked by address, not a title deed.
28
companies at this address
See who is registered here
1 establishment unit
MONOPOLI
since 19882.034.007.846
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0024/00W002 | Brussels | 1,700 m² | 1 · 1,393 m² | 16.8 m · 3 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.
Identification & contact
Identification
Legal formPublic limited company
Founded04-02-1988
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.