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MONTANA

Active
Private limited companyfounded 1988active for 38 yearsRue Libon 18, 4800 Verviers, BelgiumKBO/BCE: BE 0433.644.834
Summary

MONTANA has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,507 and a net result of -€9,469. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 58% of 34,143 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Painting of buildings
NACE 43341
1 site
Size
€254,592total assets 2025
Equity
€138,507
Loss
-€9,469
Turnover not published (micro format)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Accounts filed 59 days late0 of 5 deeds read
Why 65raises riskLiquidity: current ratio 0.31Sector: Specialised construction activities (NACE 43)Latest accounts 59 days late; 1 of the last 3 latelowers riskFounded in 1988Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 51% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 79+1
equity 54.4% of total assets
Liquidity 92=
short-term debt 16.4%
Profitability 58+11
return on assets -3.7%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 0.8%▼ -0.5 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.5 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 1.3%▼ -0.3 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.31, compared with 0.3 in 2024, below 1; short-term debt: 16.4% of total assets), and 45.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 59% on solvency, 89% on liquidity, 27% on profitability and 27% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.31
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 59 days late; 1 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9,469
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
59 days late
2024
23 days late
2023
28 days late
2022
30 days late
2021
29 days late
2020
23 days late
2019
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€15,367

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€9,469 View
  • Caution: Among the weakest 13% on net resultsector median €10,261 · 34,129 companies -€9,469 View
  • Active since 1988founded 04-03-1988 38 years View

By topic

Financials

Financial year
2025
Total assets
€254,592
Loss
-€9,469
Solvency
54.4%
Go to Financials

Timeline

Events
41
Since
1990
Next accounts
by 31-07-2027
  1. 28-08-2024Annual accounts filed
  2. 30-08-2023Annual accounts filed
  3. 31-12-2022Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Painting of buildingsNACE 43341
Founded
04-03-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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