MONSOTEL
Judicial reorganisationSummary
The file of MONSOTEL contains 5 judicial reorganisations, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (€-2.44M) and a net result of €-3.57M. Equity is shrinking by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 378 sector peers (fiscal year 2025).
Checked score
Score 2025
12
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-14
Solvency14▼-16
Growth32=
Track record60
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.03 against 0.03 in 2024; short-term debt: 34.1% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-2.44M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
134 d late
2023
30 d early
2022
23 d late
2021
4 d early
2020
61 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3.57M▼ 304%
2024 · €-883k
2018: €211k
2019: €-341k
2020: €-568k
2021: €-426k
2022: €-498k
2023: €-301k
2024: €-883k
2018 → 2025
Working capital
€-7.32M▼ 29.0%
2024 · €-5.67M
2018: €-1.45M
2019: €-276k
2020: €-1.08M
2021: €-2.77M
2022: €-2.53M
2023: €-3.01M
2024: €-5.67M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.81M-€2.31M▼ 17.7%€2.01M▼ 13.0%€1.13M▼ 43.9%€-2.44M
Operating result€-48k-€-161k▼ 237%€-229k▼ 42.4%€-638k▼ 179%€-3.57M▼ 459%
Net result€-426k-€-498k▼ 17.0%€-301k▲ 39.6%€-883k▼ 193%€-3.57M▼ 304%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3.57M in 2025 against €638k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.10M
Fixed assets
€21.87M ▼ 12.0%
Current assets
€224k ▲ 34.9%
Key figures and ratios
EBITDA
€-2.73M▼
2024 · €-385k
Cash flow
€-2.73M▼
2024 · €-630k
Solvency
-11.0%▼
2024 · 4.5%
Current ratio
0.03▲
2024 · 0.03
Quick ratio
0.03▼
2024 · 0.03
Debt to equity
-9.80▼
2024 · 20.15
ROA
-16.1%▼
2024 · -3.5%
Interest coverage
-4.96▼
2024 · -1.45
Debt
€23.90M▲
2024 · €22.72M
Debt ≤ 1 year
€7.54M▲
2024 · €5.84M
Debt > 1 year
€16.10M▼
2024 · €16.88M
Income taxes
€128
Staff costs
€982k▲
2024 · €189k
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 · 2025 against 2024 · 66 lines
Balance sheet
Code20242025
Assets
Total assets20/58€25.03M€22.10M▼
Fixed assets21/28€24.86M€21.87M▼
Intangible fixed assets21€43k€174k▲
Tangible fixed assets22/27€24.81M€18.24M▼
Land and buildings22€24.69M€18.10M▼
Plant, machinery and equipment23-€5k
Furniture and vehicles24€116k€112k▼
Assets under construction and advance payments27€0€28k▲
Financial fixed assets28€15k€3.46M▲
Current assets29/58€166k€224k▲
Stocks and contracts in progress3-€13k
Stocks30/36-€13k
Amounts receivable within one year40/41€120k€165k▲
Trade receivables40€50k€22k▼
Other amounts receivable41€69k€143k▲
Cash at bank and in hand54/58€40k€40k▼
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€25.03M€22.10M▼
Equity10/15€1.13M€-2.44M▼
Contributions10/11€195k€195k=
Capital10€195k€195k=
Issued capital100€195k€195k=
Reserves13€3.68M€2.04M▼
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€3.66M€2.02M▼
Profit (loss) carried forward14€-2.75M€-4.68M▼
Provisions and deferred taxes16€1.18M€634k▼
Deferred taxes168€1.18M€634k▼
Amounts payable17/49€22.72M€23.90M▲
Amounts payable after more than one year17€16.88M€16.10M▼
Financial debts170/4€16.83M€16.07M▼
Trade debts175€50k€27k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€5.84M€7.54M▲
Current portion of amounts payable after more than one year42€3.96M€6.04M▲
Financial debts43€39k€244▼
Credit institutions430/8€39k€244▼
Trade debts44€1.81M€1.25M▼
Suppliers440/4€1.81M€1.25M▼
Advances received on contracts in progress46-€31k
Taxes, remuneration and social security45€22k€220k▲
Taxes450/3€0€29k▲
Remuneration and social security454/9€22k€190k▲
Accrued charges and deferred income492/3€0€262k▲
Income statement
Code20242025
Non-recurring operating income76A-€143k
Remuneration, social security and pensions62€189k€982k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€252k€839k▲
Other operating charges640/8€136k€190k▲
Non-recurring operating charges66A€3k€2.43M▲
Gross operating margin9900€-57k€875k▲
Operating profit (loss)9901€-638k€-3.57M▼
Financial income75/76B€0€4k▲
Recurring financial income75€0€4k▲
Financial charges65/66B€268k€552k▲
Recurring financial charges65€265k€550k▲
Non-recurring financial charges66B€3k€2k▼
Profit (loss) for the period before taxes9903€-905k€-4.11M▼
Transfer from deferred taxes780€23k€547k▲
Income taxes67/77-€128
Profit (loss) for the period9904€-883k€-3.57M▼
Transfer from tax-exempt reserves789€68k€1.64M▲
Profit (loss) for the period to be appropriated9905€-814k€-1.93M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.75M€-4.68M▼
Profit (loss) brought forward from the previous period14P€-1.94M€-2.75M▼
Social balance
Average headcount (FTE)90873.816.6▲
The notes to these accounts (29 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-3.57M
Net result drops to €-3.57M, the lowest in the series.
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 134 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
23-09
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 15-09-2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
19-05
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 12-05-2022
2021
25-11
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collectif · event 18-11-2021
27-10
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · amiable · event 15-10-2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
23-04
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · amiable · event 16-04-2021
Show earlier events
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Charleroi · 1 establishment unit since 2007
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.
Avenue Georges Lemaitre 266041 CharleroiGround area
1.2 ha
Building footprint
5,503 m²
Volume, LiDAR
31,723 m³
2 parcels, Flanders, Wallonia · tallest building 34.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Moxy Antwerpen
since 20072.162.992.904
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028B0322/00N000 | Wallonia | 6,489 m² | 1 · 999 m² | 11.0 m · 2 fl. |
| 11811L3986/00A000 | Flanders | 5,681 m² | 1 · 4,504 m² | 34.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 3,105 EUR awarded · 3,105 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,105 EUR | 3,105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.162.992.904
Legal Entity Identifier
254900Q94QB0QNJWG462
Similar companies · same sector, comparable size
GRANIT AKKERHAGE
BE 0875.127.367
Gent · Eq €1,133,371
PARKHOTEL
BE 0437.653.310
Roeselare · Eq €1,134,496
MANOIR DE LEBIOLES
BE 0876.068.861
Spa · Eq €1,111,105
MOTELESSE
BE 0458.304.709
Houyet · Eq €1,109,052
W. KANT CONSTRUCTIES
BE 0418.268.750
Temse · Eq €1,148,208
Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 943 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.