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MONTHI

Active Private limited companyfounded 1997active for 29 yearsMaquisstraat 231, 9600 RonseKBO/BCE: BE 0459.963.112 #3 oldest company in Ronse, Administrative and support services sector

Lifetime

20 annual accounts with figures on one time axis, 29 filings since 1998
peak €121,387 (2022)
€56,726▼ 21.9%
lowest -€30,678 (2017)
€12,795▼ 55.5%
peak €449,404 (2023)
€385,197▼ 7.1%
€76,012▼ 3.1%
peak 0 FTE (2023)
0 FTE 
Board1 name since 2022
1 directorVREUGDE Monique
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Gross margin from €72,668 to €56,726Result from €28,752 to €12,795Dividend €42,369

Key points

from the 2026 annual accounts

Equity

€385,197 ▼ 7.1%
414,7722025+12,795Profit-42,369Dividend385,1972026

MONTHI paid out €42,369 in dividends. That is 331% of the 2026 profit.

Turnover

≈ €110,000 estimated

The abbreviated format states no turnover.

Filings

29 annual accounts since 1998
deadline200020102020

Five of the last ten came late. The 2020 accounts came latest: 44 days after the end of the period.

Checked score

85
Excellent
Financially stronger than 47% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.2%▼ -0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.4%▲ +0.1 percentage points vs 10-2025 12-2025: 0.3%▼ -0.1 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 0.3%▼ -0.2 percentage points vs 10-2026

Financial strength
Strong

100=equity 81.1% of total assets
47-1short-term debt 16.0% · cash 0.2%
72-4return on assets 2.7%

Score breakdown

raises risk
Liquidity: current ratio 3.51, cash €1,170
1 of the last 3 accounts late
lowers risk
Founded in 1997
Equity €385,197 (81.1% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 31% on liquidity, 41% on profitability and 29% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as MONTHI has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MONTHI itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for MONTHI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.51 (4.09 in 2025), above the usual 1.5. Short-term debt is 16% and cash 0.2% of total assets. 18.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 3.51, cash €1,170
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €385,197 (81.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
1 day early
2025
1 day early
2024
36 days late
2023
on the day
2022
10 days late
2021
16 days late
2020
44 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 31 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VM
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0459963112
Legal-form change · Resignations & appointments Appointment: VREUGDE Monique (director) · Gazette deed
First establishment Maquisstraat 231, Ronse
Incorporation published on 14-02-1997 · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
MONTHI Ronse €474,699 €56,726 81.1% 0
DANCE AWAY Ghent €587,444 €72,065 10.2% 0
DV - CONSULTING Beringen €512,568 €83,133 -17.7% 0
KRISKO Mouscron €611,834 €88,034 47.7% 0
Doga Pepingen €505,365 €59,243 43.0% 0
JUNO CONSULT Deerlijk €801,283 €76,732 21.8% 0
House of Tiles Roeselare €312,640 €37,976 49.6% 0

These companies have the same main activity as MONTHI: other business support services (NACE 82990). They are comparable in size and age: total assets between €313,000 and €801,000, founded between 1983 and 2003.

Official details

Source: KBO
Status
Active since 03-02-1997Normal situation
Activity
Other business support servicesNACE 82990
Establishment unit
2.379.202.7369600 Ronse, since 19-01-2003
Financial year end
31 March
Peppol
Reachable since 23-09-2025
Company details

Annual accounts to 31-03-2026

€474,699▼ 6.8%
Filing
Filed on 30-10-2026, 1 day before the end of the filing period
Financials

Insights on MONTHI

MONTHI files the abbreviated format. That format states no turnover. The gross margin fell from €75,956 in 2007 to €56,726 in 2026.

The balance sheet grew most from 2012 to 2014 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MONTHI

What is the company number of MONTHI?
The company number of MONTHI is 0459.963.112. The VAT number is the same number with BE in front: BE 0459.963.112.
Where is MONTHI based?
The registered office is at Maquisstraat 231, 9600 Ronse.Company details
What does MONTHI do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of MONTHI?
MONTHI is a private limited company (BV).
When was MONTHI founded?
MONTHI was founded on 03-02-1997.
Is MONTHI still active?
Yes, MONTHI is an active enterprise in the KBO register.
What is the turnover of MONTHI?
The turnover in financial year 2026 is ≈ €110,000. This figure is estimated from the gross margin of €56,726 and 51 comparable companies (NACE 82). It probably lies between €91,000 and €160,000.Financials
Is MONTHI profitable?
In financial year 2026, MONTHI made a profit of €12,795.
Where can I find the annual accounts of MONTHI?
MONTHI filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of MONTHI due?
MONTHI must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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