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MONTEC

Bankruptcy
Private limited companyfounded 2009Corbeillestraat 75, 2235 Hulshout, BelgiumKBO/BCE: BE 0812.183.473
Summary

The KBO register records for MONTEC the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €91k and a net result of €67k.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 03-10-2024, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
28 d early
2023
8 d early
2022
3 d early
2021
5 d early
2020
12 d late
2019
3 d early
← 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

History

MONTEC was incorporated on 10 June 2009.1 Total assets fell from EUR 579,276 in 2019 to EUR 179,806 in 2024 and headcount from 7.9 to 2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

Go further with this company

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

Financials · fiscal year 2024, abbreviated schema

Equity
€91k▲ 277%
2023 · €24k
Total assets
€180k▼ 7.9%
2023 · €195k
Net result
€67k▲ 405%
2023 · €13k
Working capital
€90k▲ 304%
2023 · €22k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€54k€7k▼ 86.6%€55k▲ 661%€13k▼ 75.5%€73k▲ 443%
Net result€54k€5k▼ 91.2%€48k▲ 917%€13k▼ 72.6%€67k▲ 405%
Equity€-55k▲ 49.8%€-50k▲ 8.7%€-1k▲ 97.0%€24k€91k▲ 277%
Total assets€234k▼ 59.6%€223k▼ 4.9%€230k▲ 3.4%€195k▼ 15.1%€180k▼ 7.9%
Debt€289k▼ 58.0%€272k▼ 5.7%€232k▼ 14.9%€171k▼ 26.1%€89k▼ 48.1%
Working capital€-62k▲ 48.8%€-57k▲ 8.6%€-2k▲ 96.0%€22k€90k▲ 304%
Staff (FTE)7.9=6.8▼ 13.9%4.1▼ 39.7%2.3▼ 43.9%2▼ 13.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €54k€54kNet result 2020: €54k€54kOperating result 2021: €7k€7kNet result 2021: €5k€5kOperating result 2022: €55k€55kNet result 2022: €48k€48kOperating result 2023: €13k€13kNet result 2023: €13k€13kOperating result 2024: €73k€73kNet result 2024: €67k€67k20202021202220232024€0€20k€40k€60k€80kOperating result 2022: €55k€55kNet result 2022: €48k€48kOperating result 2023: €13k€13kNet result 2023: €13k€13kOperating result 2024: €73k€73kNet result 2024: €67k€67k202220232024
The operating result recovers in 2024; 2024 is 443% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180k
Fixed assets €1k ▼ 36.7%
Current assets €179k ▼ 7.6%
Equity and liabilities €180k
Equity €91k ▲ 277%
Debt €89k ▼ 48.1%
Debt's share of the balance-sheet total falls from 87.6% to 49.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€73k▲
2023 · €14k
Cash flow
€67k▲
2023 · €14k
Current ratio
2.01▲
2023 · 1.13
Debt to equity
0.98▼
2023 · 7.09
ROE
73.5%▲
2023 · 54.8%
ROA
37.2%▲
2023 · 6.8%
Interest coverage
10.41▲
2023 · 1.83
Debt ≤ 1 year
€89k▼
2023 · €171k
Income taxes
€675▲
2023 · €467
Staff costs
€82k▲
2023 · €58k
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 · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€195k€180k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€386€0▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€193k€179k▼
Amounts receivable within one year40/41€182k€111k▼
Trade receivables40€87k€40k▼
Other amounts receivable41€95k€72k▼
Cash at bank and in hand54/58€6k€63k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€195k€180k▼
Equity10/15€24k€91k▲
Contributions10/11€19k€19k=
Reserves13€79k€79k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€77k€79k▲
Profit (loss) carried forward14€-73k€-6k▲
Amounts payable17/49€171k€89k▼
Amounts payable within one year42/48€171k€89k▼
Trade debts44€82k€50k▼
Suppliers440/4€82k€50k▼
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€5k€7k▲
Other amounts payable47/48€83k€29k▼
Income statement Code20232024
Remuneration, social security and pensions62€58k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€426€696▲
Other operating charges640/8€1k€4k▲
Gross operating margin9900€73k€159k▲
Operating profit (loss)9901€13k€73k▲
Financial income75/76B€8k€2k▼
Recurring financial income75€8k€2k▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€14k€67k▲
Income taxes67/77€467€675▲
Profit (loss) for the period9904€13k€67k▲
Profit (loss) for the period to be appropriated9905€13k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-73k€-6k▲
Profit (loss) brought forward from the previous period14P€-86k€-73k▲
Social balance
Average headcount (FTE)90872.32.0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62--€139k€58k€82k▲ 42.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€9k€386€426€696▲ 63.4%
Other operating charges640/8--€6k€1k€4k▲ 147%
Gross operating margin9900€371k€226k€201k€73k€159k▲ 118%
Operating profit (loss)9901€54k€7k€55k€13k€73k▲ 443%
Financial income75/76B--€243€8k€2k▼ 75.2%
Recurring financial income75€3k€557€243€8k€2k▼ 75.2%
Financial charges65/66B--€6k€8k€7k▼ 6.8%
Recurring financial charges65€2k€2k€6k€8k€7k▼ 6.8%
Profit (loss) for the period before taxes9903€55k€5k€49k€14k€67k▲ 393%
Income taxes67/77€804€727€552€467€675▲ 44.7%
Profit (loss) for the period9904€54k€5k€48k€13k€67k▲ 405%
Profit (loss) for the period to be appropriated9905€54k€5k€48k€13k€67k▲ 405%
Line20202021202220232024Change
Assets
Total assets20/58€234k€223k€230k€195k€180k▼ 7.9%
Fixed assets21/28€15k€7k€772€2k€1k▼ 36.7%
Tangible fixed assets22/27€15k€7k€772€2k€1k▼ 36.7%
Plant, machinery and equipment23--€772€386€0▼ 100%
Furniture and vehicles24---€2k€1k▼ 20.5%
Current assets29/58€219k€216k€229k€193k€179k▼ 7.6%
Amounts receivable within one year40/41€202k€178k€187k€182k€111k▼ 38.8%
Trade receivables40--€125k€87k€40k▼ 54.6%
Other amounts receivable41--€62k€95k€72k▼ 24.4%
Cash at bank and in hand54/58€12k€27k€36k€6k€63k▲ 917%
Deferred charges and accrued income490/1--€6k€5k€4k▼ 19.0%
Equity and liabilities
Total equity and liabilities10/49€234k€223k€230k€195k€180k▼ 7.9%
Equity10/15€-55k€-50k€-1k€24k€91k▲ 277%
Contributions10/11--€6k€19k€19k=
Reserves13€79k€79k€79k€79k€79k=
Non-distributable reserves130/1--€2k€2k--
Reserves not available under the articles1311--€2k€2k--
Distributable reserves133--€77k€77k€79k▲ 2.4%
Profit (loss) carried forward14€-139k€-135k€-86k€-73k€-6k▲ 91.4%
Amounts payable17/49€289k€272k€232k€171k€89k▼ 48.1%
Amounts payable after more than one year17€4k-----
Amounts payable within one year42/48€281k€272k€232k€171k€89k▼ 48.1%
Trade debts44€102k€81k€86k€82k€50k▼ 39.2%
Suppliers440/4--€86k€82k€50k▼ 39.2%
Taxes, remuneration and social security45--€27k€6k€10k▲ 52.7%
Taxes450/3--€18k€1k€2k▲ 66.2%
Remuneration and social security454/9--€9k€5k€7k▲ 49.0%
Other amounts payable47/48--€118k€83k€29k▼ 64.7%
Line20202021202220232024Change
Profit (loss) for the period9904€54k€5k€48k€13k€67k▲ 405%
+ Depreciation and write-downs630€12k€9k€386€426€696▲ 63.4%
Operating cash flow (approximation)€66k€13k€49k€14k€67k▲ 395%
Investment in fixed assets (approximation)-€-445€6k€-2k€0▲ 100%
Change in cash-€15k€10k€-30k€57k▲ 289%

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

Download as CSV

Timeline · acts, filings and financial milestones

2024
03-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Highest result since 2019net €67k ▲405%
Operating result €73k, net result €67k, both a record.
2023
23-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
26-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
12-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
31-03
Financial Back to profitnet €54k
Net result €54k after one loss-making year.
2019
28-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
24-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
07-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has 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
5 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, Hulshout · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
4,152 m²
Building footprint
4,140 m²
Volume, LiDAR
18,326 m³
Parcel 13050B0059/00R000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Corbeillestraat 75, 2235 Hulshout
Manufacture of metal structures and parts of structures
since 20172.264.670.876
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13050B0059/00R000 Flanders 4,152 m² 1 · 4,140 m² 9.9 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 1,060 EUR awarded · 1,060 EUR paid
Year Entries awardedpaid
2024 1 303 EUR303 EUR
2023 1 177 EUR177 EUR
2022 1 580 EUR580 EUR
Schemes
3 entries · 1,060 EUR · 1,060 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

549300JB7HFUM52JJ776
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,601 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
Founded10-06-2009
Fiscal year end31-03
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment

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