MONSEL
ActiveMONSEL has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €364k and a net result of €153k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+3
Solvency58▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.6 against 2.38 in 2024; short-term debt: 27.4% and cash: 5.5% of total assets), but 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
32.8%
Return on assets
13.7%
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 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
13 d late
2023
on the day
2022
on the day
2021
on the day
2020
on the day
2019
42 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€364k▼ 1.2%
2024 · €368k
2019: €201k
2020: €282k
2021: €270k
2022: €312k
2023: €389k
2024: €368k
2019 → 2025
Total assets
€1.11M▼ 9.4%
2024 · €1.23M
2019: €406k
2020: €422k
2021: €475k
2022: €522k
2023: €608k
2024: €1.23M
2019 → 2025
Net result
€153k▲ 12.3%
2024 · €136k
2019: €47k
2020: €81k
2021: €27k
2022: €128k
2023: €177k
2024: €136k
2019 → 2025
Working capital
€487k▼ 2.3%
2024 · €499k
2019: €176k
2020: €249k
2021: €229k
2022: €261k
2023: €333k
2024: €499k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€270k-€312k▲ 15.7%€389k▲ 24.7%€368k▼ 5.4%€364k▼ 1.2%
Operating result€41k-€172k▲ 319%€238k▲ 38.4%€196k▼ 17.5%€232k▲ 18.1%
Net result€27k-€128k▲ 368%€177k▲ 38.4%€136k▼ 23.2%€153k▲ 12.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11M
Fixed assets
€320k▼ 13.0%
Current assets
€792k▼ 7.8%
Equity and liabilities €1.11M
Equity
€364k▼ 1.2%
Debt
€748k▼ 12.9%
The debt ratio falls from 70.0% to 67.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€280k▲
2024 · €232k
Cash flow
€201k▲
2024 · €171k
Solvency
32.8%▲
2024 · 30.0%
Current ratio
2.60▲
2024 · 2.38
Quick ratio
0.27▼
2024 · 0.52
Debt / equity
2.05▼
2024 · 2.33
ROE
42.0%▲
2024 · 36.9%
ROA
13.7%▲
2024 · 11.1%
Interest coverage
8.23▼
2024 · 12.76
Debt
€748k▼
2024 · €858k
Debt ≤ 1 year
€305k▼
2024 · €360k
Debt > 1 year
€443k▼
2024 · €493k
Income taxes
€47k▲
2024 · €47k
Staff costs
€220k▲
2024 · €157k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.23M€1.11M▼
Fixed assets21/28€368k€320k▼
Intangible fixed assets21€270k€241k▼
Tangible fixed assets22/27€98k€79k▼
Furniture and vehicles24€300-
Other tangible fixed assets26€97k€79k▼
Current assets29/58€859k€792k▼
Stocks and contracts in progress3€673k€710k▲
Stocks30/36€673k€710k▲
Amounts receivable within one year40/41€10k€16k▲
Trade receivables40€6k€12k▲
Other amounts receivable41€4k€4k▼
Cash at bank and in hand54/58€170k€62k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.11M▼
Equity10/15€368k€364k▼
Contributions10/11€20k€20k=
Reserves13€279k€279k=
Tax-exempt reserves132€279k€279k=
Profit (loss) carried forward14€69k€64k▼
Amounts payable17/49€858k€748k▼
Amounts payable after more than one year17€493k€443k▼
Financial debts170/4€489k€443k▼
Other amounts payable178/9€4k-
Amounts payable within one year42/48€360k€305k▼
Current portion of amounts payable after more than one year42€62k€55k▼
Trade debts44€58k€40k▼
Suppliers440/4€58k€40k▼
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45€128k€104k▼
Taxes450/3€116k€92k▼
Remuneration and social security454/9€12k€11k▼
Other amounts payable47/48€110k€103k▼
Accrued charges and deferred income492/3€5k-
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€157k€220k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€48k▲
Other operating charges640/8€112€50▼
Non-recurring operating charges66A€281€216▼
Gross operating margin9900€389k€500k▲
Operating profit (loss)9901€196k€232k▲
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€18k€34k▲
Recurring financial charges65€18k€34k▲
Non-recurring financial charges66B€320-
Profit (loss) for the period before taxes9903€183k€200k▲
Income taxes67/77€47k€47k▲
Profit (loss) for the period9904€136k€153k▲
Transfer to tax-exempt reserves689€279k-
Profit (loss) for the period to be appropriated9905€-143k€153k▲
Appropriation of the result
Profit (loss) to be appropriated9906€226k€222k▼
Profit (loss) brought forward from the previous period14P€369k€69k▼
Profit to be distributed694/7€157k€157k=
Return on contributions (dividend)694€157k€157k=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €177k ▲38.4%
Operating result €238k, net result €177k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €27k ▼66.2%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2009
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.
Koninginnegalerij 41000 BrusselGround area
90 m²
Building footprint
108 m²
Volume, LiDAR
1,875 m³
Parcel 21802B1155/00V000, Brussels · tallest building 20.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Koninginnegalerij 4, 1000 Brussel
since 20092.180.800.025
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B1155/00V000 | Brussels | 90 m² | 1 · 108 m² | 20.1 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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SAGOM
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KERALA
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Meili
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Of 657 companies in sector 47715 we hold annual accounts for 187. 112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2009
Fiscal year end30-06
Activities, NACEBEL
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.monsel.be
E-mail:info@monsel.be