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Montea GTE 1

Active
Public limited companyfounded 20205 yrs activeAlfons Van de Maelestraat 96, 9320 Aalst, BelgiumKBO/BCE: BE 0757.964.037
Summary

Montea GTE 1 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€891,049) and a net result of -€103,881. Equity is shrinking by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 9% of 5662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€9.5mtotal assets 2025
Equity
-€891,049
Loss
-€103,881
Net result +53%: other schema
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
1.4%
Structure
Parent
MONTEA · 100%
Board
2 members
Accounts 46 d early2 of 8 deeds read
Why 55Capped at 59: negative equity- Liquidity: current ratio 4.04- 1 change of registered office in 24 months- Negative equity -€891,049+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 36% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 16-1
equity -9.4% of total assets
Liquidity 100=
short-term debt 1.5%
Profitability 27+3
return on assets -1.1%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (6,963 companies)
Last 24 months 11-2024: 2.9% 12-2024: 3.2%▲ +9.9% vs 11-2024 01-2025: 3.6%▲ +13.4% vs 12-2024 02-2025: 3.6%● 0.0% vs 01-2025 03-2025: 4.3%▲ +20.9% vs 02-2025 04-2025: 4.4%▲ +2.5% vs 03-2025highest value 05-2025: 4.3%▼ -3.7% vs 04-2025 06-2025: 4.4%▲ +2.8% vs 05-2025 07-2025: 1.6%▼ -63.4% vs 06-2025 08-2025: 1.6%● 0.0% vs 07-2025 09-2025: 1.6%● 0.0% vs 08-2025 10-2025: 1.6%● 0.0% vs 09-2025 11-2025: 1.6%▲ +1.0% vs 10-2025 12-2025: 1.6%● 0.0% vs 11-2025 01-2026: 1.6%● 0.0% vs 12-2025 02-2026: 1.6%● 0.0% vs 01-2026 03-2026: 1.7%▲ +5.2% vs 02-2026 04-2026: 1.7%▼ -2.0% vs 03-2026 05-2026: 1.7%▲ +2.6% vs 04-2026 06-2026: 1.0%▼ -40.4% vs 05-2026lowest value 07-2026: 1.7%▲ +67.5% vs 06-2026 08-2026: 1.9%▲ +9.6% vs 07-2026 09-2026: 2.3%▲ +21.5% vs 08-2026 10-2026: 1.4%▼ -38.2% vs 09-2026
  • Liquidity: current ratio 4.04 raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
  • 1 change of registered office in 24 months raises the probability
  • Negative equity -€891,049 raises the probability
No credit on open account
Liquidity ample (current ratio 4.04 against 1.44 in 2024; short-term debt: 1.5% of total assets), but equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 6%, liquidity 99%, profitability 19%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 4.04
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Negative equity -€891,049
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€891,049
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
46 d early
2024
59 d early
2023
202 d late
2022
6 d early
2021
27 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: Jo De Wolf (sole director)Appointments: Jo Huibrecht De Wolf…
  3. Capital & sharesCapital increase · Statutes amendment…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€891,049 View
  • Risk: 5 loss-making years in a rowloss fiscal year 2025 -€103,881 View
  • Caution: Among the weakest 5% on equitysector median €938,871 · 5,663 companies -€891,049 View
  • Positive: Result rose in 2025different schema filed ▲ 52.5% View
  • Board changedlatest change 20-05-2026 · 2 in office 2 joined · 1 left View
  • Controlled by MONTEAknown shareholders 100% 100% View

By topic

Financials

Fiscal year
2025
Total assets
€9.5m
Loss
-€103,881
Solvency
-9.4%
Total assets▲ 0.2%
Net result
20212025
Go to Financials

Timeline

Events
9
Since
2022
Next accounts
by 31-07-2027
  1. 15-06-2026Annual accounts filed
  2. 01-06-2026Resignation: Jo De Wolf (sole director)
  3. 22-04-2026Capital & shares
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
10-11-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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