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Montanas

Open bankruptcy
Private limited companyfounded 1991W.A. Mozartlaan 2, 1620 Drogenbos, BelgiumKBO/BCE: BE 0443.813.996

A bankruptcy procedure is open for Montanas according to publications in the Belgian State Gazette; curator: Mr. Verschuren.

Summary

The 2025 annual accounts show equity of €65,168 and a net result of -€6,335.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Commercial Court of Brussels
Declared bankrupt
14 June 2011
Supervising judge
de heer Minnoy, R
Official Gazette
23-06-2011 (pdf) ↗search the document for 2011/026713

Deadlines

Appeal or third-party opposition until
passed on 8 July 2011Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 14 July 2011art. XX.104 and XX.155 CEL
First verification report
passed on 20 July 2011Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 14 June 2012Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Mr. VerschurenGerry, Gustaaf Gilsonstraat 11, 1090 Brussel-9

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
15 d early
2023
209 d early
2022
56 d early
2021
20 d late
2020
on the day
2019
33 d early
← 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 45 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 8 January (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Montanas was incorporated on 14 March 1991.1 The registered office was moved to Drogenbos in 2026.2 Total assets rose from EUR 35,857 in 2019 to EUR 113,751 in 2025.3 On 14 June 2011 the company was declared bankrupt.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-07-2026
  3. 3National Bank, annual accounts 2019 and 2025
  4. 4Belgian State Gazette, 23-06-2011

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
€1,517
EBIT margin
-110.6%
Net result
-€6,335
2024 · €71,899
Working capital
€53,203▼ 15.5%
2024 · €62,999
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€1,517
Operating result€3,269-€1,771-€1,677▲ 5.3%€82,802€5,485▼ 93.4%
Net result€3,200within the sector's middle half-€2,189below the sector's middle half-€1,746below the sector's middle half▲ 20.2%€71,899above the sector's middle half-€6,335below the sector's middle half
EBIT margin-110.6%
Equity€3,539below the sector's middle half▲ 943%€1,351below the sector's middle half▼ 61.8%-€396below the sector's middle half€71,503within the sector's middle half€65,168within the sector's middle half▼ 8.9%
Total assets€9,603below the sector's middle half▲ 33.4%€6,011below the sector's middle half▼ 37.4%€171below the sector's middle half▼ 97.2%€81,205within the sector's middle half▲ 47,338%€113,751within the sector's middle half▲ 40.1%
Debt€6,063▼ 11.6%€4,660▼ 23.1%€567▼ 87.8%€9,701▲ 1,612%€48,583▲ 401%
Working capital€3,475below the sector's middle half▲ 9,211%€1,351below the sector's middle half▼ 61.1%-€396below the sector's middle half€62,999within the sector's middle half€53,203within the sector's middle half▼ 15.5%
Solvency36.9%within the sector's middle half▲ 32.1pp22.5%within the sector's middle half▼ 14.4pp88.1%above the sector's middle half57.3%within the sector's middle half▼ 30.8pp
Current ratio1.57within the sector's middle half▲ 0.571.29within the sector's middle half▼ 0.287.49above the sector's middle half2.10within the sector's middle half▼ 5.40
Return on assets (ROA)33.3%above the sector's middle half▲ 87.8pp-36.4%below the sector's middle half▼ 69.7pp88.5%above the sector's middle half-5.6%below the sector's middle half▼ 94.1pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2021: €3,269€3,269Net result 2021: €3,200€3,200Operating result 2022: -€1,771-€1,771Net result 2022: -€2,189-€2,189Operating result 2023: -€1,677-€1,677Net result 2023: -€1,746-€1,746Operating result 2024: €82,802€82,802Net result 2024: €71,899€71,899Operating result 2025: €5,485€5,485Net result 2025: -€6,335-€6,33520212022202320242025-€25,000€0€25,000€50,000€75,000Operating result 2023: -€1,677-€1,680Net result 2023: -€1,746-€1,750Operating result 2024: €82,802€82,800Net result 2024: €71,899€71,900Operating result 2025: €5,485€5,480Net result 2025: -€6,335-€6,340202320242025
The operating result falls in 2025; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113,751
Fixed assets €11,965 ▲ 40.7%
Current assets €101,786 ▲ 40.0%
Equity and liabilities €113,751
Equity €65,168 ▼ 8.9%
Debt €48,583 ▲ 401%
Debt's share of the balance-sheet total rises from 11.9% to 42.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,261▼
2024 · €83,797
Cash flow
-€2,559▼
2024 · €72,894
Debt to equity
0.75▲
2024 · 0.14
ROE
-9.7%▼
2024 · 100.6%
Interest coverage
3.21▼
2024 · 61.74
Debt ≤ 1 year
€48,583▲
2024 · €9,701
Income taxes
€8,946▼
2024 · €9,569
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€81,205€113,751▲
Fixed assets21/28€8,504€11,965▲
Tangible fixed assets22/27€8,504€11,965▲
Plant, machinery and equipment23-€4,511
Furniture and vehicles24€8,504€7,454▼
Current assets29/58€72,700€101,786▲
Amounts receivable within one year40/41€46,895€95,316▲
Trade receivables40€6,100€19,301▲
Other amounts receivable41€40,795€76,015▲
Cash at bank and in hand54/58€25,258€3,666▼
Deferred charges and accrued income490/1€548€2,803▲
Equity and liabilities
Total equity and liabilities10/49€81,205€113,751▲
Equity10/15€71,503€65,168▼
Contributions10/11€43,592€43,592=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14€26,052€19,717▼
Amounts payable17/49€9,701€48,583▲
Amounts payable within one year42/48€9,701€48,583▲
Trade debts44€133€36,274▲
Suppliers440/4€133€36,274▲
Taxes, remuneration and social security45€9,569€12,309▲
Taxes450/3€9,569€12,309▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€995€3,776▲
Other operating charges640/8€802€3,709▲
Gross operating margin9900€84,599€12,970▼
Operating profit (loss)9901€82,802€5,485▼
Financial income75/76B€23€14▼
Recurring financial income75€23€14▼
Financial charges65/66B€1,357€2,888▲
Recurring financial charges65€1,357€2,888▲
Profit (loss) for the period before taxes9903€81,468€2,610▼
Income taxes67/77€9,569€8,946▼
Profit (loss) for the period9904€71,899-€6,335▼
Profit (loss) for the period to be appropriated9905€71,899-€6,335▼
Appropriation of the result
Profit (loss) to be appropriated9906€26,052€19,717▼
Profit (loss) brought forward from the previous period14P-€45,847€26,052▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70--€1,517---
Goods, raw materials, services and sundry goods60/61--€4,025---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€237€65-€995€3,776▲ 280%
Other operating charges640/8---€802€3,709▲ 362%
Gross operating margin9900€3,506-€1,707-€1,677€84,599€12,970▼ 84.7%
Operating profit (loss)9901€3,269-€1,771-€1,677€82,802€5,485▼ 93.4%
Financial income75/76B---€23€14▼ 39.3%
Recurring financial income75€0--€23€14▼ 39.3%
Financial charges65/66B-€417€69€1,357€2,888▲ 113%
Recurring financial charges65€69€417€69€1,357€2,888▲ 113%
Profit (loss) for the period before taxes9903€3,200-€2,189-€1,746€81,468€2,610▼ 96.8%
Income taxes67/77---€9,569€8,946▼ 6.5%
Profit (loss) for the period9904€3,200-€2,189-€1,746€71,899-€6,335▼ 109%
Profit (loss) for the period to be appropriated9905€3,200-€2,189-€1,746€71,899-€6,335▼ 109%
Line20212022202320242025Change
Assets
Total assets20/58€9,603€6,011€171€81,205€113,751▲ 40.1%
Fixed assets21/28€65--€8,504€11,965▲ 40.7%
Tangible fixed assets22/27€65--€8,504€11,965▲ 40.7%
Plant, machinery and equipment23----€4,511-
Furniture and vehicles24---€8,504€7,454▼ 12.4%
Current assets29/58€9,538€6,011€171€72,700€101,786▲ 40.0%
Amounts receivable within one year40/41€1,729€1,705€16€46,895€95,316▲ 103%
Trade receivables40-€1,705-€6,100€19,301▲ 216%
Other amounts receivable41--€16€40,795€76,015▲ 86.3%
Cash at bank and in hand54/58€7,808€4,306€155€25,258€3,666▼ 85.5%
Deferred charges and accrued income490/1---€548€2,803▲ 412%
Equity and liabilities
Total equity and liabilities10/49€9,603€6,011€171€81,205€113,751▲ 40.1%
Equity10/15€3,539€1,351-€396€71,503€65,168▼ 8.9%
Contributions10/11€43,592€43,592€43,592€43,592€43,592=
Capital10-€43,592€43,592---
Issued capital100-€43,592€43,592---
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Legal reserve130-€1,859€1,859---
Reserves not available under the articles1311---€1,859€1,859=
Profit (loss) carried forward14-€41,912-€44,100-€45,847€26,052€19,717▼ 24.3%
Amounts payable17/49€6,063€4,660€567€9,701€48,583▲ 401%
Amounts payable within one year42/48€6,063€4,660€567€9,701€48,583▲ 401%
Trade debts44€4,369--€133€36,274▲ 27,223%
Suppliers440/4---€133€36,274▲ 27,223%
Taxes, remuneration and social security45-€229-€9,569€12,309▲ 28.6%
Taxes450/3-€229-€9,569€12,309▲ 28.6%
Other amounts payable47/48-€4,431€567---
Line20212022202320242025Change
Profit (loss) for the period9904€3,200-€2,189-€1,746€71,899-€6,335▼ 109%
+ Depreciation and write-downs630€237€65-€995€3,776▲ 280%
Operating cash flow (approximation)€3,437-€2,124-€1,746€72,894-€2,559▼ 104%
Investment in fixed assets (approximation)-----€7,237-
Change in cash--€3,502-€4,151€25,103-€21,592▼ 186%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
22-07
State Gazette act Registered office · Capital & shares · Statutes amendment
Registered-office move · Capital · Shareholding14 facts ▸
  • General meeting, 10-07-2026
  • Registered-office move, 1620 Drogenbos, W.A. Mozartlaan 2
  • Capital
  • Shareholding, 10-07-2026, aandelen
  • Shareholding, 10-07-2026, aandelen
  • Shareholding, 10-07-2026, aandelen
  • Shareholding, 10-07-2026, aandelen
  • Shareholding, 10-07-2026, aandelen
  • Shareholding, 10-07-2026, aandelen
  • Shareholding, 10-07-2026, aandelen
  • Purpose change
  • Statutes amendment
  • +2 further facts in this act
08-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet -€6,335
Net result drops to -€6,335, the lowest in the series.
16-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Back to profitnet €71,899
Net result €71,899 after 2 loss-making years.
30-06
Financial Liquidity times 25current ratio 7.49
Current ratio from 0.30 to 7.49.
2023
06-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2022
06-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema
20-02
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 20 days late
2021
30-06
Financial Back to profitnet €3,200
Net result €3,200 after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2019
29-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
15-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-02
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
23-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2011
23-06
Bankruptcy Opening
Rechtbank van koophandel te Brussel · event 14-06-2011
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts

Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Drogenbos · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
795 m²
Volume, LiDAR
8,993 m³
Parcel 22001A0006/00W002, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
236 companies at this address See who is registered here
1 establishment unit
MONTANAS
W.A. Mozartlaan 2, 1620 DrogenbosManufacture of machinery and equipment not elsewhere classified
since 19912.052.417.654
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22001A0006/00W002 Flanders 1.1 ha 1 · 794 m² 13.0 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator Mr. Verschuren
Gerry, Gustaaf Gilsonstraat 11, 1090 Brussel-9
14-06-2011 → present

Articles of association

Who signs
Annual meeting
Last Friday of November at 18:00
Legal form clause
Registered office clause
Vlaams Gewest, het bestuursorgaan kan de zetel van de rechtspersoon binnen België verplaatsen op voorwaarde dat deze verplaatsing niet leidt tot een wijziging v…
Power of attorney
One provision in the deed
Share class
Aandelen op naam, register van de aandelen op naam
Transfer restriction
Beperkt overdraagbaar
Nietigheid, akkoord van minstens de helft van de aandeelhouders die minstens drie/vierden van het kapitaal bezitten, na aftrek van de rechten waarvan de overdra…
Artikel 9. TER. OVERDRACHT VAN AANDELEN ONDER LEVENDEN -
9 QUATER, waarde uit laatste jaarrekening afgesloten op ogenblik van feiten, rekening houdend met verborgen meer- en minwaarden en onlichamelijke elementen
9 QUINQUIES, jaarrekening en regelmatige besluiten van algemene vergadering
Waarde van overgegane aandelen, 9 SEXIES
1 more provision on this in the deed
Member resignation
Artikel 12. ONTSLAG
Artikel 13. UITSLUITING
1 more provision on this in the deed
Other statement
Waarde netto-actief aandelen uit laatste goedgekeurde jaarrekening, terugbetaling scheidingsaandeel
Artikel 22. VOORZITTERSCHAP - BERAADSLAGINGEN
1 more provision on this in the deed
Board rule
Met of zonder beperking in tijd, 15 §1-2
15 §2, niet beëindigen zonder tegelijkertijd opvolger benoemen
Overblijvende bestuurders hebben het recht om voorlopig in de vacature te voorzien, voltooit het mandaat van de bestuurder die hij vervangt
Bevoegdheden, Elke bestuurder kan bijzondere bevoegdheden aan elke lasthebber delegeren
Behoudens andersluidende beslissing van de algemene vergadering is het mandaat van bestuurder bezoldigd, vergoeding
Dagelijks bestuur, Het bestuursorgaan kan ten alle tijden de personen vermeld in bovenstaande alinea’s afzetten.
Auditor rule
Artikel 19. CONTROLE VAN DE VENNOOTSCHAP
Voting rule
Behoudens in de wettelijk voorziene gevallen kan elke aandeelouder aan eenieder, al dan niet aandeelhouder, aan de hand van eender welk communicatiemiddel, een…
Profit allocation
De algemene vergadering beslist over de bestemming van de winst en over het bedrag van de uitkeringen met naleving van de voorschriften van de artikelen 5:142 e…
Dissolution rule
De commissaris of, als er geen commissaris is, een door het bestuursorgaan aangewezen bedrijfsrevisor of een gecertifieerd accountant, controleert deze staat, b…
Liquidation rule
De benoeming van de vereffenaars stelt een einde aan de bevoegdheden van het bestuursorgaan., De algemene vergadering legt de bevoegdheden en bezoldiging van de…
Liquidation distribution
Na aanzuivering van alle schulden, lasten en kosten van de vereffening of van bewaargeving van de bedragen die daartoe noodzakelijk zijn, dient het netto-actief…
Shareholding
One provision in the deed
Other provisions
Vanaf de eisbaarheid van de storting, bestuursorgaan
Vruchtgebruiker
1 more provision in the deed, see the deed of 22-07-2026

Structure & network

Connections & network

No current directors or connected companies found in the register.

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 22-07-2026 ↗
  • Lucian STANIC 70 shares
  • KOVALCHUK Andriana 5 shares
  • GAVRILIUC Igor 5 shares
  • KUDRIC Ivan 5 shares
  • SHANDRO Nazarii 5 shares
  • COROTÎNSCHI Serghei 5 shares
  • DETS Vladyslav 5 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 22-07-2026 Capital stated in the act · 100 shares

Similar companies · same sector, comparable size

Of 29,786 companies in sector 41001 we hold annual accounts for 16,058. 13,215 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-03-1991
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0443813996
Also 9925:BE0443813996
Registered 09-01-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.