MONTAGE MOERMAN
ActiveMONTAGE MOERMAN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €5k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 24% of 385 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency23▼-45
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.54 in 2024), and 80.6% of the assets are financed with debt.
Credit advice 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 · 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
19.4%
Return on assets
4.4%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 385 sector peers (2025).
NBB · sector comparisonPosition among 385 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
16 d early
2024
on the day
2023
1 d early
2022
2 d early
2021
8 d early
2020
1 d early
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▼ 56.1%
2024 · €53k
2018: €35k
2019: €69k
2020: €89k
2021: €54k
2022: €76k
2023: €60k
2024: €53k
2018 → 2025
Total assets
€120k▼ 18.6%
2024 · €147k
2018: €75k
2019: €72k
2020: €116k
2021: €120k
2022: €161k
2023: €134k
2024: €147k
2018 → 2025
Net result
€5k▼ 63.5%
2024 · €14k
2018: €29k
2019: €34k
2020: €21k
2021: €5k
2022: €9k
2023: €26k
2024: €14k
2018 → 2025
Working capital
€-3k
2024 · €37k
2018: €49k
2019: €58k
2020: €77k
2021: €48k
2022: €62k
2023: €43k
2024: €37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€76k▲ 40.2%€60k▼ 20.3%€53k▼ 12.4%€23k▼ 56.1%
Operating result€17k-€16k▼ 4.3%€39k▲ 140%€25k▼ 35.3%€13k▼ 46.7%
Net result€5k-€9k▲ 79.7%€26k▲ 173%€14k▼ 43.3%€5k▼ 63.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 47% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€63k▲ 49.3%
Current assets
€57k▼ 46.1%
Equity and liabilities €120k
Equity
€23k▼ 56.1%
Debt
€97k▲ 2.4%
The debt ratio rises from 64.1% to 80.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€33k▼
2024 · €38k
Cash flow
€25k▼
2024 · €27k
Solvency
19.4%▼
2024 · 35.9%
Current ratio
0.95▼
2024 · 1.54
Quick ratio
0.95▼
2024 · 1.54
Debt / equity
4.17▲
2024 · 1.78
ROE
22.8%▼
2024 · 27.4%
ROA
4.4%▼
2024 · 9.8%
Interest coverage
6.30▼
2024 · 7.91
Debt
€97k▲
2024 · €94k
Debt ≤ 1 year
€60k▼
2024 · €68k
Debt > 1 year
€37k▲
2024 · €26k
Income taxes
€3k▼
2024 · €6k
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€147k€120k▼
Fixed assets21/28€42k€63k▲
Tangible fixed assets22/27€42k€63k▲
Plant, machinery and equipment23€351€3k▲
Furniture and vehicles24€3k€2k▼
Leasing and similar rights25€39k€58k▲
Financial fixed assets28€95€95=
Current assets29/58€105k€57k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€76k€48k▼
Trade receivables40€59k€36k▼
Other amounts receivable41€17k€12k▼
Cash at bank and in hand54/58€18k€0▼
Deferred charges and accrued income490/1€12k€9k▼
Equity and liabilities
Total equity and liabilities10/49€147k€120k▼
Equity10/15€53k€23k▼
Contributions10/11€19k€19k=
Reserves13€34k€5k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€34k€5k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€94k€97k▲
Amounts payable after more than one year17€26k€37k▲
Financial debts170/4€26k€37k▲
Amounts payable within one year42/48€68k€60k▼
Current portion of amounts payable after more than one year42€9k€15k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€50k€6k▼
Suppliers440/4€50k€6k▼
Taxes, remuneration and social security45€4k€775▼
Taxes450/3€4k€775▼
Other amounts payable47/48€5k€35k▲
Accrued charges and deferred income492/3€344€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€20k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€40k€36k▼
Operating profit (loss)9901€25k€13k▼
Financial income75/76B€342€8▼
Recurring financial income75€342€8▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€21k€8k▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€14k€5k▼
Profit (loss) for the period to be appropriated9905€14k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€5k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€22k€34k▲
Transfer to equity691/2€14k€5k▼
To other reserves6921€14k€5k▼
Profit to be distributed694/7€22k€35k▲
Return on contributions (dividend)694€22k€35k▲
Directors or managers695€0-
The notes to these accounts (12 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
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €5k ▼74.8%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €34k ▲18%
Net result €34k, the highest in the series.
30-09
Financial
Liquidity quadruplescurrent ratio 18.09
Current ratio from 4.84 to 18.09; short-term debt falls from €13k to €3k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dilsen-Stokkem · 1 establishment unit since 2017
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.
M. Stansstraat 483650 Dilsen-StokkemGround area
1,217 m²
Building footprint
201 m²
Volume, LiDAR
781 m³
Parcel 72005A0419/00C000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MONTAGE MOERMAN
since 20172.261.844.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72005A0419/00C000 | Flanders | 1,217 m² | 1 · 201 m² | 7.5 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.
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Of 268 companies in sector 28220 we hold annual accounts for 231. 50 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2017
Fiscal year end30-09
Activities, NACEBEL
28220Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.