MONTEK
ActiveSummary
MONTEK has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €26k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 93% of 93 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+11
Solvency100▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 9.17 against 3.37 in 2024; short-term debt: 8.5% and cash: 71.5% of total assets), and 8.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.5%
Return on assets
14.8%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 29
Relative position
BE, all sectors
reference
Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)
about 8% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 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 · 10 filingsDeviation from the deadline
2025
12 d late
2024
6 d late
2023
15 d late
2022
on the day
2021
on the day
2020
16 d late
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€158k▲ 15.8%
2024 · €137k
2019: €74klowest in 7 years
2020: €85k▲ +14.5% vs 2019
2021: €108k▲ +27.7% vs 2020
2022: €128k▲ +18.2% vs 2021
2023: €127k▼ -1.1% vs 2022
2024: €137k▲ +8.2% vs 2023
2025: €158k▲ +15.8% vs 2024highest in 7 years
2019 → 2025
Total assets
€173k▼ 8.6%
2024 · €189k
2019: €241k
2020: €264k▲ +9.5% vs 2019highest in 7 years
2021: €261k▼ -1.0% vs 2020
2022: €231k▼ -11.4% vs 2021
2023: €200k▼ -13.5% vs 2022
2024: €189k▼ -5.4% vs 2023
2025: €173k▼ -8.6% vs 2024lowest in 7 years
2019 → 2025
Net result
€26k▲ 149%
2024 · €10k
2019: €16k
2020: €11k▼ -30.9% vs 2019
2021: €23k▲ +118% vs 2020
2022: €20k▼ -16.2% vs 2021
2023: €-1k▼ -107% vs 2022lowest in 7 years
2024: €10k▲ +857% vs 2023
2025: €26k▲ +149% vs 2024highest in 7 years
2019 → 2025
Working capital
€120k▲ 0.2%
2024 · €120k
2019: €24k
2020: €16k▼ -34.8% vs 2019lowest in 7 years
2021: €29k▲ +82.0% vs 2020
2022: €90k▲ +211% vs 2021
2023: €102k▲ +14.1% vs 2022
2024: €120k▲ +17.4% vs 2023
2025: €120k▲ +0.2% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€128k▲ 18.2%€127k▼ 1.1%€137k▲ 8.2%€158k▲ 15.8%
2021: €108klowest in 5 years
2022: €128k▲ +18.2% vs 2021
2023: €127k▼ -1.1% vs 2022
2024: €137k▲ +8.2% vs 2023
2025: €158k▲ +15.8% vs 2024highest in 5 years
Operating result€37k-€32k▼ 12.3%€4k▼ 88.2%€19k▲ 391%€40k▲ 111%
2021: €37k
2022: €32k▼ -12.3% vs 2021
2023: €4k▼ -88.2% vs 2022lowest in 5 years
2024: €19k▲ +391% vs 2023
2025: €40k▲ +111% vs 2024highest in 5 years
Net result€23k-€20k▼ 16.2%€-1k€10k€26k▲ 149%
2021: €23k
2022: €20k▼ -16.2% vs 2021
2023: €-1k▼ -107% vs 2022lowest in 5 years
2024: €10k▲ +857% vs 2023
2025: €26k▲ +149% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 111% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€38k ▲ 105%
Current assets
€135k ▼ 20.9%
Equity and liabilities €173k
Equity
€158k ▲ 15.8%
Debt
€15k ▼ 72.0%
Debt's share of the balance-sheet total falls from 27.8% to 8.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €37k
Cash flow
€45k▲
2024 · €29k
Current ratio
9.17▲
2024 · 3.37
Debt to equity
0.09▼
2024 · 0.38
ROE
16.2%▲
2024 · 7.5%
ROA
14.8%▲
2024 · 5.5%
Interest coverage
116.28▲
2024 · 52.56
Debt ≤ 1 year
€15k▼
2024 · €51k
Income taxes
€13k▲
2024 · €8k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€189k€173k▼
Fixed assets21/28€19k€38k▲
Tangible fixed assets22/27€19k€38k▲
Land and buildings22€872€762▼
Furniture and vehicles24€18k€37k▲
Current assets29/58€171k€135k▼
Amounts receivable within one year40/41€22k€9k▼
Trade receivables40€15k€9k▼
Other amounts receivable41€7k-
Cash at bank and in hand54/58€147k€124k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€189k€173k▼
Equity10/15€137k€158k▲
Contributions10/11€13k€13k=
Outside capital11€13k€13k=
Other1109/19€13k€13k=
Reserves13€69k€89k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€67k€87k▲
Profit (loss) carried forward14€56k€57k▲
Amounts payable17/49€53k€15k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€51k€15k▼
Current portion of amounts payable after more than one year42€11k€2k▼
Trade debts44€447€774▲
Suppliers440/4€447€774▲
Taxes, remuneration and social security45€9k€2k▼
Taxes450/3€9k€2k▼
Other amounts payable47/48€30k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€762€729▼
Gross operating margin9900€38k€59k▲
Operating profit (loss)9901€19k€40k▲
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€707€504▼
Recurring financial charges65€707€504▼
Profit (loss) for the period before taxes9903€18k€39k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€10k€26k▲
Profit (loss) for the period to be appropriated9905€10k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€81k▲
Profit (loss) brought forward from the previous period14P€57k€56k▼
Transfer to equity691/2€12k€24k▲
To other reserves6921€12k€24k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €28k | €19k | €18k | €19k | ▲ 3.8% |
| Other operating charges640/8 | - | €2k | €1k | €762 | €729 | ▼ 4.3% |
| Gross operating margin9900 | €57k | €62k | €24k | €38k | €59k | ▲ 56.5% |
| Operating profit (loss)9901 | €37k | €32k | €4k | €19k | €40k | ▲ 111% |
| Financial income75/76B | - | €200 | €20 | €6 | €0 | ▼ 99.7% |
| Recurring financial income75 | €27 | €200 | €20 | €6 | €0 | ▼ 99.7% |
| Financial charges65/66B | - | €2k | €1k | €707 | €504 | ▼ 28.7% |
| Recurring financial charges65 | €2k | €2k | €1k | €707 | €504 | ▼ 28.7% |
| Profit (loss) for the period before taxes9903 | €35k | €30k | €3k | €18k | €39k | ▲ 116% |
| Income taxes67/77 | €11k | €11k | €4k | €8k | €13k | ▲ 72.4% |
| Profit (loss) for the period9904 | €23k | €20k | €-1k | €10k | €26k | ▲ 149% |
| Profit (loss) for the period to be appropriated9905 | €23k | €20k | €-1k | €10k | €26k | ▲ 149% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €261k | €231k | €200k | €189k | €173k | ▼ 8.6% |
| Fixed assets21/28 | €167k | €77k | €37k | €19k | €38k | ▲ 105% |
| Tangible fixed assets22/27 | €167k | €77k | €37k | €19k | €38k | ▲ 105% |
| Land and buildings22 | - | €1k | €981 | €872 | €762 | ▼ 12.6% |
| Furniture and vehicles24 | - | €76k | €36k | €18k | €37k | ▲ 111% |
| Current assets29/58 | €95k | €154k | €163k | €171k | €135k | ▼ 20.9% |
| Amounts receivable within one year40/41 | €668 | €4k | €12k | €22k | €9k | ▼ 58.6% |
| Trade receivables40 | - | €3k | €12k | €15k | €9k | ▼ 40.0% |
| Other amounts receivable41 | - | €566 | - | €7k | - | - |
| Cash at bank and in hand54/58 | €91k | €148k | €149k | €147k | €124k | ▼ 15.9% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €2k | €2k | ▲ 31.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €261k | €231k | €200k | €189k | €173k | ▼ 8.6% |
| Equity10/15 | €108k | €128k | €127k | €137k | €158k | ▲ 15.8% |
| Contributions10/11 | - | €13k | €13k | €13k | €13k | = |
| Outside capital11 | - | €13k | €13k | €13k | €13k | = |
| Other1109/19 | - | €13k | €13k | €13k | €13k | = |
| Reserves13 | €50k | €69k | €57k | €69k | €89k | ▲ 29.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €16k | €55k | €67k | €87k | ▲ 29.8% |
| Distributable reserves133 | - | €51k | - | - | - | - |
| Profit (loss) carried forward14 | €46k | €46k | €57k | €56k | €57k | ▲ 3.0% |
| Amounts payable17/49 | €153k | €104k | €74k | €53k | €15k | ▼ 72.0% |
| Amounts payable after more than one year17 | €87k | €38k | €13k | €2k | - | - |
| Financial debts170/4 | - | €38k | €13k | €2k | - | - |
| Amounts payable within one year42/48 | €66k | €65k | €61k | €51k | €15k | ▼ 71.0% |
| Current portion of amounts payable after more than one year42 | - | €21k | €11k | €11k | €2k | ▼ 83.2% |
| Trade debts44 | €7k | €8k | €508 | €447 | €774 | ▲ 73.2% |
| Suppliers440/4 | - | €8k | €508 | €447 | €774 | ▲ 73.2% |
| Taxes, remuneration and social security45 | - | €7k | €9k | €9k | €2k | ▼ 81.9% |
| Taxes450/3 | - | €7k | €9k | €9k | €2k | ▼ 81.9% |
| Other amounts payable47/48 | - | €30k | €40k | €30k | €10k | ▼ 65.4% |
| Accrued charges and deferred income492/3 | - | €325 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €20k | €-1k | €10k | €26k | ▲ 149% |
| + Depreciation and write-downs630 | €18k | €28k | €19k | €18k | €19k | ▲ 3.8% |
| Operating cash flow (approximation) | €41k | €47k | €17k | €29k | €45k | ▲ 55.9% |
| Investment in fixed assets (approximation) | - | €62k | €21k | €0 | €-39k | - |
| Change in cash | - | €57k | €930 | €-2k | €-23k | ▼ 1,251% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
30-06
Financial
Highest result since 2019net €26k ▲149%
Operating result €40k, net result €26k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 9.17
Current ratio from 3.37 to 9.17; short-term debt falls from €51k to €15k.
30-06
Financial
Equity above €150kEq €158k ▲15.8%
2 profitable years in a row build equity to €158k.
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-06
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
30-06
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100kEq €108k ▲27.7%
3 profitable years in a row build equity to €108k.
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
Show earlier events
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
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.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Geel · 1 establishment unit since 2011
Ground area
515 m²
Building footprint
147 m²
Volume, LiDAR
912 m³
Parcel 13374F0662/00W003, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MONTEK
since 20112.200.224.868
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13374F0662/00W003 | Flanders | 515 m² | 1 · 147 m² | 12.1 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.
Similar companies · same sector, comparable size
GUTMANN PLASTICS BENELUX
BE 0439.274.495
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Ateliers Bernard Criau
BE 0403.432.601
Elsene · Eq €141k
L. SACCOL
BE 0430.746.910
Turnhout · Eq €130k
d2S Engineering
BE 0734.960.486
Rochefort · Eq €196k
HEISTSE POLYESTER
BE 0471.339.133
Heist-op-den-Berg · Eq €209k
Of 195 companies in sector 29320 we hold annual accounts for 124. 63 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
Founded24-06-2011
Fiscal year end30-06
Activities, NACEBEL 2025
29320Manufacture of motor vehicles, trailers and semi-trailers
Scores and ratios are computed by Checked and are not a credit decision.