Summary
Montebelo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.98M and a net result of €4k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 89% of 5527 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
22 d early
2023
23 d early
2022
7 d early
2021
26 d early
2020
19 d early
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.98M▲ 0.1%
2024 · €2.97M
2018: €1.90M
2019: €2.13M
2020: €2.37M
2021: €2.61M
2022: €2.93M
2023: €2.97M
2024: €2.97M
2018 → 2025
Net result
€4k▼ 18.8%
2024 · €5k
2018: €191k
2019: €235k
2020: €233k
2021: €242k
2022: €321k
2023: €37k
2024: €5k
2018 → 2025
Total assets
€3.17M▲ 1.6%
2024 · €3.12M
2018: €3.24M
2019: €3.14M
2020: €3.29M
2021: €3.25M
2022: €3.36M
2023: €3.15M
2024: €3.12M
2018 → 2025
Solvency
93.9%▼ 1.4pp
2024 · 95.2%
2018: 58.6%
2019: 68.0%
2020: 71.9%
2021: 80.3%
2022: 87.2%
2023: 94.1%
2024: 95.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.61M-€2.93M▲ 12.3%€2.97M▲ 1.3%€2.97M▲ 0.2%€2.98M▲ 0.1%
Operating result€35k-€-45k€23k€-3k€-4k▼ 57.8%
Net result€242k-€321k▲ 32.3%€37k▼ 88.6%€5k▼ 87.0%€4k▼ 18.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €3k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.17M
Fixed assets
€2.68M =
Current assets
€492k ▲ 11.6%
Equity and liabilities €3.17M
Equity
€2.98M ▲ 0.1%
Debt
€195k ▲ 31.3%
Debt's share of the balance-sheet total rises from 4.8% to 6.1%. Equity and debt are higher.
Key figures and ratios
ROE
0.1%▼
2024 · 0.2%
ROA
0.1%▼
2024 · 0.2%
Debt ≤ 1 year
€195k▲
2024 · €148k
Income taxes
€4k▲
2024 · €3k
Staff costs
€290k▲
2024 · €225k
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.12M€3.17M▲
Fixed assets21/28€2.68M€2.68M=
Tangible fixed assets22/27€1k€608▼
Plant, machinery and equipment23€1k€608▼
Financial fixed assets28€2.68M€2.68M=
Current assets29/58€441k€492k▲
Amounts receivable within one year40/41€394k€465k▲
Trade receivables40€53k€126k▲
Other amounts receivable41€341k€339k▼
Cash at bank and in hand54/58€28k€21k▼
Deferred charges and accrued income490/1€18k€5k▼
Equity and liabilities
Total equity and liabilities10/49€3.12M€3.17M▲
Equity10/15€2.97M€2.98M▲
Contributions10/11€1.29M€1.29M=
Reserves13€1.67M€1.67M=
Non-distributable reserves130/1€105k€106k▲
Reserves not available under the articles1311€105k€106k▲
Distributable reserves133€1.57M€1.57M=
Profit (loss) carried forward14€5k€9k▲
Amounts payable17/49€148k€195k▲
Amounts payable within one year42/48€148k€195k▲
Current portion of amounts payable after more than one year42€25k€25k▼
Trade debts44€101k€119k▲
Suppliers440/4€101k€119k▲
Taxes, remuneration and social security45€22k€50k▲
Taxes450/3€3k€17k▲
Remuneration and social security454/9€20k€33k▲
Income statement
Code20242025
Remuneration, social security and pensions62€225k€290k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€792€792=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€224k€289k▲
Operating profit (loss)9901€-3k€-4k▼
Financial income75/76B€11k€13k▲
Recurring financial income75€11k€13k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€7k€8k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€9k▲
Profit (loss) brought forward from the previous period14P€611€5k▲
Transfer to equity691/2€239€194▼
To the legal reserve6920€239€194▼
Social balance
Average headcount (FTE)90872.83.7▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €4k ▼18.8%
Net result drops to €4k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €321k ▲32.3%
Net result €321k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 1.82
Current ratio from 0.72 to 1.82; short-term debt falls from €471k to €374k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2MEq €2.13M ▲12.4%
2 profitable years in a row build equity to €2.13M.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Bornem · 1 establishment unit since 2014
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.
Woestijnstraat(BOR) 372880 BornemGround area
1.5 ha
Building footprint
4,192 m²
Volume, LiDAR
37,008 m³
Parcel 12007C0506/00B000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Montebelo
since 20142.253.001.479
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0506/00B000 | Flanders | 1.5 ha | 1 · 4,192 m² | 10.8 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,060 EUR awarded · 1,060 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 83 EUR | 833 EUR |
| 2024 | 1 | 750 EUR | 0 EUR |
| 2023 | 1 | 227 EUR | 227 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 9,729 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2014
Fiscal year end31-12
Abbreviation NL
RG
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.