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MONS.APPUI

Active
Public limited companyfounded 2003active for 23 yearsAvenue Pasteur 23, 1300 Wavre, Belgium13 active companies are registered at this addressKBO/BCE: BE 0860.959.825
Summary

The computed 12-month bankruptcy probability of MONS.APPUI is 4.6% (elevated). The 2024 annual accounts show negative equity (-€435,463) and a net result of -€505,720. Equity is shrinking by about 80% per year across the filed financial years. Its solvency ranks better than 11% of 4,794 sector peers (NACE 68, financial year 2024). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€5.2mtotal assets 2024
Equity
-€435,463
Loss
-€505,720
Financial health
36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.6%
Structure
Parent
MONS LGP 3 · 99.9%
Accounts 74 days overdue0 of 13 deeds read
Why 36raises riskLiquidity: current ratio 0.011 financial year not filed after the legal deadline; latest accounts 265 days late; 2 of the last 3 latelowers riskFounded in 2003Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 18% of its sector peers (NACE 68, small)
Financial strength · tick = 2023
Weak
Solvency 17-9
equity -8.4% of total assets
Liquidity 51+18
short-term debt 49.3%
Profitability 7-6
return on assets -9.8%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,970 companies, NACE 68, small)
Last 24 months 11-2024: 1.9%lowest value 12-2024: 2.3%▲ +0.4 percentage points vs 11-2024 01-2025: 3.2%▲ +0.9 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 2.8%▼ -0.4 percentage points vs 03-2025 05-2025: 2.8%● unchanged vs 04-2025 06-2025: 2.8%● unchanged vs 05-2025 07-2025: 2.8%● unchanged vs 06-2025 08-2025: 4.7%▲ +1.9 percentage points vs 07-2025highest value 09-2025: 4.7%● unchanged vs 08-2025highest value 10-2025: 4.7%● unchanged vs 09-2025highest value 11-2025: 4.7%● unchanged vs 10-2025highest value 12-2025: 4.5%▼ -0.2 percentage points vs 11-2025 01-2026: 3.1%▼ -1.4 percentage points vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 4.2%▲ +1.1 percentage points vs 04-2026 06-2026: 4.3%▲ +0.1 percentage points vs 05-2026 07-2026: 4.1%▼ -0.2 percentage points vs 06-2026 08-2026: 4.4%▲ +0.3 percentage points vs 07-2026 09-2026: 4.3%▼ -0.1 percentage points vs 08-2026 10-2026: 4.6%▲ +0.3 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.01, compared with 0.02 in 2023, below 1; short-term debt: 49.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 7% on solvency, 64% on liquidity, 2% on profitability and 1% on growth.

The bankruptcy probability was computed on 12-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.01
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 265 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
182021222324
2018 to 2024 · latest year -€435,463
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-04-2026, 265 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
265 days late
2023
630 days late
2022
17 days early
2021
34 days early
2020
3 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 135 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Weakest financial yearnet -€505,720

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€435,463 View
  • Risk: 6 loss-making years in a rowloss financial year 2024 -€505,720 View
  • Caution: Among the weakest 7% on equitysector median €525,483 · 4,795 companies -€435,463 View
  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Caution: Result fell in 2024from -€362,372 to -€505,720 ▼ 39.6% View
  • Controlled by MONS LGP 3known shareholders 100% 99.9% View

By topic

Financials

Financial year
2024
Total assets
€5.2m
Loss
-€505,720
Solvency
-8.4%
Total assets▼ 3.7%
Net result
20182024
Go to Financials

Timeline

Events
24
Since
2005
  1. 14-07-2023Annual accounts filed
  2. 27-06-2022Annual accounts filed
  3. 28-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
09-10-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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