MONSIF
ActiveThe computed 12-month bankruptcy probability of MONSIF is 2.0% (moderate). The 2022 annual accounts show equity of €61k and a net result of €-40k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 726 sector peers (fiscal year 2022). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2022
Axes · tick = 2020
Profitability0=
Solvency61▼-30
Growth32=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.68 against 1.6 in 2020), and 42.6% 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
57.4%
Return on assets
-37.5%
Age of the figures
45 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline16-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-01-2024, 178 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
178 d late
2020
132 d late
2019
122 d late
2018
139 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€61k▼ 15.1%
2020 · €72k
2018: €83k
2019: €75k
2020: €72k
2018 → 2022
Total assets
€107k▼ 20.7%
2020 · €135k
2018: €115k
2019: €101k
2020: €135k
2018 → 2022
Net result
€-40k▼ 1,342%
2020 · €-3k
2018: €27k
2019: €-7k
2020: €-3k
2018 → 2022
Working capital
€-28k
2020 · €32k
2018: €37k
2019: €26k
2020: €32k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202022Trend
Equity€83k-€75k▼ 9.0%€72k▼ 3.7%€61k▼ 15.1%
Operating result€27k-€-6k€-1k▲ 74.4%€-40k▼ 2,678%
Net result€27k-€-7k€-3k▲ 62.7%€-40k▼ 1,342%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €40k in 2022 against €1k in 2020; the loss grows and 2022 is the lowest year so far.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €107k
Fixed assets
€49k=
Current assets
€58k▼ 32.4%
Equity and liabilities €154k
Equity
€61k▼ 15.1%
Debt
€92k▲ 47.4%
The debt ratio rises from 46.4% to 60.1%: debt grows while equity shrinks.
Key figures and ratios
Solvency
57.4%▲
2020 · 53.6%
Current ratio
0.68▼
2020 · 1.60
Quick ratio
0.40▼
2020 · 1.13
Debt / equity
1.50▲
2020 · 0.12
ROE
-65.3%▼
2020 · -3.8%
ROA
-37.5%▼
2020 · -2.1%
Debt
€92k▲
2020 · €63k
Debt ≤ 1 year
€86k▲
2020 · €54k
Debt > 1 year
€7k▼
2020 · €9k
Staff costs
€84k
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 · 2022 against 2020
Balance sheet
Code20202022
Assets
Total assets20/58€135k€107k▼
Fixed assets21/28€49k€49k=
Tangible fixed assets22/27€49k€49k=
Land and buildings22-€25k
Furniture and vehicles24-€12k
Other tangible fixed assets26-€12k
Financial fixed assets28€20€20▲
Current assets29/58€86k€58k▼
Stocks and contracts in progress3€25k€24k▼
Stocks30/36-€24k
Amounts receivable within one year40/41€43k€33k▼
Trade receivables40-€15k
Other amounts receivable41-€18k
Cash at bank and in hand54/58€18k€5k▼
Equity and liabilities
Total equity and liabilities10/49€135k€107k▼
Equity10/15€72k€61k▼
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€27k€27k=
Non-distributable reserves130/1-€9k
Reserves not available under the articles1311-€9k
Distributable reserves133-€17k
Profit (loss) carried forward14€27k€-31k▼
Amounts payable17/49€63k€92k▲
Amounts payable after more than one year17€9k€7k▼
Financial debts170/4-€7k
Amounts payable within one year42/48€54k€86k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€36k€70k▲
Suppliers440/4-€70k
Taxes, remuneration and social security45-€11k
Taxes450/3-€1k
Remuneration and social security454/9-€10k
Income statement
Code20202022
Remuneration, social security and pensions62-€84k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k-
Other operating charges640/8-€6k
Gross operating margin9900€61k€97k▲
Operating profit (loss)9901€-1k€-40k▼
Recurring financial income75€282-
Recurring financial charges65€932-
Profit (loss) for the period before taxes9903€-2k€-40k▼
Income taxes67/77€688-
Profit (loss) for the period9904€-3k€-40k▼
Profit (loss) for the period to be appropriated9905€-3k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-31k
Profit (loss) brought forward from the previous period14P-€9k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 178 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 178 days late
2022
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series.
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 132 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 139 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
20-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 263 days late
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 296 days late
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 20 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Anderlecht · 1 establishment unit since 1991
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.
d'Aumalestraat 1101070 AnderlechtGround area
143 m²
Building footprint
206 m²
Volume, LiDAR
1,173 m³
Parcel 21001A0533/00L003, Brussels · tallest building 14.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MONSIF
since 19912.050.860.310
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0533/00L003 | Brussels | 143 m² | 1 · 206 m² | 14.3 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.050.860.310
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CREA - LINE
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KARASALIH
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M.AYOUB
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Of 4,202 companies in sector 10712 we hold annual accounts for 1,853. 1,092 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-1990
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
15812
47241Retail sale of bread and pastry (bakery outlets)
52240
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:monsifbelg@yahoo.fr