Montamigo
ActiveMontamigo has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €95k and a net result of €46k. Equity is growing by ~93.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability47▲+12
Solvency33▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 1.06 in 2023; short-term debt: 92.1% and cash: 0.5% of total assets), and 92.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
17 d early
2021
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€95k▲ 92.9%
2023 · €49k
2021: €13k
2022: €59k
2023: €49k
2021 → 2024
Total assets
€1.21M▲ 39.6%
2023 · €864k
2021: €778k
2022: €673k
2023: €864k
2021 → 2024
Net result
€46k
2023 · €-9k
2021: €15k
2022: €45k
2023: €-9k
2021 → 2024
Working capital
€95k▲ 92.9%
2023 · €49k
2021: €13k
2022: €59k
2023: €49k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€13k-€59k▲ 348%€49k▼ 15.9%€95k▲ 92.9%
Operating result€34k-€76k▲ 124%€8k▼ 90.1%€88k▲ 1,073%
Net result€15k-€45k▲ 206%€-9k€46k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,073% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.21M
Equity
€95k▲ 92.9%
Debt
€1.11M▲ 36.4%
The debt ratio falls from 94.3% to 92.1%. Equity and debt are higher.
Key figures and ratios
Solvency
7.9%▲
2023 · 5.7%
Current ratio
1.09▲
2023 · 1.06
Quick ratio
0.02▼
2023 · 0.06
Debt / equity
11.71▼
2023 · 16.56
ROE
48.2%▲
2023 · -18.9%
ROA
3.8%▲
2023 · -1.1%
Debt
€1.11M▲
2023 · €815k
Debt ≤ 1 year
€1.11M▲
2023 · €815k
Income taxes
€14k▲
2023 · €-471
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€864k€1.21M▲
Current assets29/58€864k€1.21M▲
Stocks and contracts in progress3€817k€1.18M▲
Stocks30/36€817k€1.18M▲
Amounts receivable within one year40/41€4k€17k▲
Other amounts receivable41€4k€17k▲
Cash at bank and in hand54/58€42k€6k▼
Deferred charges and accrued income490/1€575-
Equity and liabilities
Total equity and liabilities10/49€864k€1.21M▲
Equity10/15€49k€95k▲
Contributions10/11€1k€1k=
Reserves13€100€100=
Distributable reserves133€100€100=
Profit (loss) carried forward14€48k€94k▲
Amounts payable17/49€815k€1.11M▲
Amounts payable within one year42/48€815k€1.11M▲
Financial debts43€171k€669k▲
Credit institutions430/8€171k€669k▲
Trade debts44€78k€78k▼
Suppliers440/4€78k€78k▼
Taxes, remuneration and social security45-€14k
Taxes450/3-€14k
Other amounts payable47/48€566k€350k▼
Income statement
Code20232024
Other operating charges640/8€2k€2k▼
Gross operating margin9900€10k€90k▲
Operating profit (loss)9901€8k€88k▲
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€17k€28k▲
Recurring financial charges65€17k€28k▲
Profit (loss) for the period before taxes9903€-10k€60k▲
Income taxes67/77€-471€14k▲
Profit (loss) for the period9904€-9k€46k▲
Profit (loss) for the period to be appropriated9905€-9k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€94k▲
Profit (loss) brought forward from the previous period14P€57k€48k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-9k ▼120%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated 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, Zoersel · 1 establishment unit since 2019
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.
Halmolenweg 452980 ZoerselGround area
4,908 m²
Building footprint
189 m²
Volume, LiDAR
1,049 m³
Parcel 11017C0508/00N000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Montamigo
since 20192.288.820.314
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017C0508/00N000 | Flanders | 4,908 m² | 1 · 189 m² | 8.6 m · 2 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 7,322 companies in sector 68110 we hold annual accounts for 5,382. 3,674 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-2019
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000