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MONTE-1

Inactive
KBO/BCE: BE 0839.871.332

MONTE-1 was declared bankrupt on 24-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 14-02-2023, published in the Belgian State Gazette on 06-03-2023.

Summary

Inactive; last annual accounts for fiscal year 2019.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 31-08-2020, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2019, micro schema

Equity
€-14k
2018 · €12k
2018: €12k
2018 → 2019
Total assets
€63k▼ 32.6%
2018 · €94k
2018: €94k
2018 → 2019
Net result
€-32k▼ 456%
2018 · €-6k
2018: €-6k
2018 → 2019
Working capital
€-15k
2018 · €7k
2018: €7k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Equity€12k-€-14k
Operating result€-4k-€-31k▼ 757%
Net result€-6k-€-32k▼ 456%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-30k€-20k€-10k€0Operating result 2018: €-4k€-4kNet result 2018: €-6k€-6kOperating result 2019: €-31k€-31kNet result 2019: €-32k€-32k20182019€-40k€-30k€-20k€-10k€0Operating result 2018: €-4k€-3.6kNet result 2018: €-6k€-5.8kOperating result 2019: €-31k€-31kNet result 2019: €-32k€-32k20182019
The operating result stays negative: a loss of €31k in 2019 against €4k in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €63k
Fixed assets €19k ▼ 50.3%
Current assets €44k ▼ 20.3%
Key figures and ratios
2019 value · change against 2018
EBITDA
€-23k▼
2018 · €18k
Cash flow
€-25k▼
2018 · €15k
Solvency
-22.0%▼
2018 · 13.2%
Current ratio
0.74▼
2018 · 1.15
Debt to equity
-1.27▼
2018 · 2.70
ROA
-51.1%▼
2018 · -6.2%
Debt
€77k▼
2018 · €81k
Debt ≤ 1 year
€59k▲
2018 · €48k
Debt > 1 year
€18k▼
2018 · €33k
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 · 2019 against 2018 · 23 lines
Balance sheet Code20182019
Assets
Total assets20/58€94k€63k▼
Fixed assets21/28€38k€19k▼
Tangible fixed assets22/27€38k€19k▼
Current assets29/58€55k€44k▼
Amounts receivable within one year40/41€51k€41k▼
Cash at bank and in hand54/58€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€94k€63k▼
Equity10/15€12k€-14k▼
Contributions10/11€13k€19k▲
Reserves13€2k€2k=
Profit (loss) carried forward14€-2k€-34k▼
Amounts payable17/49€81k€77k▼
Amounts payable after more than one year17€33k€18k▼
Amounts payable within one year42/48€48k€59k▲
Trade debts44€9k€23k▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€7k▼
Gross operating margin9900€27k€-9k▼
Operating profit (loss)9901€-4k€-31k▼
Recurring financial income75€2€1▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-6k€-32k▼
Profit (loss) for the period9904€-6k€-32k▼
Profit (loss) for the period to be appropriated9905€-6k€-32k▼

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Timeline · acts, filings and financial milestones

2023
06-03
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-02-2023
2022
30-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-03-2022
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
05-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
27-05
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalNBB filing
0 of 33 acts read
About the unread acts

We know of 33 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
33 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator PHILIPPE TERMOTE
COCKERILLKAAI 18, 2000 ANTWERPEN 1
24-03-2022 → 14-02-2023