Montjoye
ActiveMontjoye has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.16M and a net result of €-274k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▲+3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity ample (current ratio 3.32 against 6.09 in 2024; short-term debt: 1.4% and cash: 4.5% of total assets), and 15.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
84.2%
Return on assets
-5.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-274k
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
1 d early
2023
13 d late
2022
on the day
2021
27 d early
2020
24 d early
2019
18 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€85k
EBIT margin
59.1%
Net result
€-274k▲ 23.8%
2024 · €-359k
2018: €36k
2019: €33k
2020: €41k
2021: €-77k
2022: €-100k
2023: €-240k
2024: €-359k
2018 → 2025
Working capital
€164k▼ 54.0%
2024 · €357k
2018: €366k
2019: €416k
2020: €468k
2021: €-182k
2022: €3.56M
2023: €1.61M
2024: €357k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€716k-€4.96M▲ 593%€4.75M▼ 4.2%€4.39M▼ 7.6%€4.16M▼ 5.2%
Operating result€-57k-€-60k▼ 5.6%€-267k▼ 345%€-357k▼ 33.6%€-260k▲ 27.3%
Net result€-77k-€-100k▼ 29.9%€-240k▼ 139%€-359k▼ 49.9%€-274k▲ 23.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €260k in 2025 against €357k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.94M
Fixed assets
€4.71M▼ 1.5%
Current assets
€235k▼ 45.0%
Equity and liabilities €4.94M
Equity
€4.16M▼ 5.2%
Debt
€781k▼ 4.4%
The debt ratio rises from 15.7% to 15.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▲
2024 · €-150k
Cash flow
€-11k▲
2024 · €-151k
Solvency
84.2%▼
2024 · 84.3%
Current ratio
3.32▼
2024 · 6.09
Quick ratio
3.32▼
2024 · 6.09
Debt / equity
0.19▲
2024 · 0.19
ROE
-6.6%▲
2024 · -8.2%
ROA
-5.5%▲
2024 · -6.9%
Interest coverage
0.19▲
2024 · -9.36
Debt
€781k▼
2024 · €816k
Debt ≤ 1 year
€71k▲
2024 · €70k
Debt > 1 year
€694k▼
2024 · €734k
Staff costs
€73k▲
2024 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.21M€4.94M▼
Fixed assets21/28€4.78M€4.71M▼
Tangible fixed assets22/27€4.78M€4.71M▼
Land and buildings22€3.18M€3.11M▼
Plant, machinery and equipment23€1.60M€1.60M▲
Furniture and vehicles24€4k€2k▼
Assets under construction and advance payments27€0-
Financial fixed assets28€259€259=
Current assets29/58€428k€235k▼
Amounts receivable within one year40/41€292k€7k▼
Trade receivables40€42k€7k▼
Other amounts receivable41€250k€0▼
Cash at bank and in hand54/58€134k€224k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€5.21M€4.94M▼
Equity10/15€4.39M€4.16M▼
Contributions10/11€4.66M€4.66M=
Capital10€4.66M€4.66M=
Issued capital100€4.66M€4.66M=
Reserves13€29k€29k=
Non-distributable reserves130/1€29k€29k=
Legal reserve130€29k€29k=
Profit (loss) carried forward14€-298k€-572k▼
Investment grants15-€46k
Amounts payable17/49€816k€781k▼
Amounts payable after more than one year17€734k€694k▼
Financial debts170/4€734k€692k▼
Other amounts payable178/9-€2k
Amounts payable within one year42/48€70k€71k▲
Current portion of amounts payable after more than one year42€40k€41k▲
Trade debts44€21k€22k▲
Suppliers440/4€21k€22k▲
Taxes, remuneration and social security45€10k€8k▼
Remuneration and social security454/9€10k€8k▼
Accrued charges and deferred income492/3€12k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€71k€73k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€208k€262k▲
Other operating charges640/8€27k€28k▲
Gross operating margin9900€-51k€104k▲
Operating profit (loss)9901€-357k€-260k▲
Financial income75/76B€14k€440▼
Recurring financial income75€14k€440▼
Financial charges65/66B€16k€14k▼
Recurring financial charges65€16k€14k▼
Profit (loss) for the period before taxes9903€-359k€-274k▲
Profit (loss) for the period9904€-359k€-274k▲
Profit (loss) for the period to be appropriated9905€-359k€-274k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-298k€-572k▼
Profit (loss) brought forward from the previous period14P€61k€-298k▼
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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-359k
Net result drops to €-359k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 72current ratio 64.55
Current ratio from 0.90 to 64.55; short-term debt falls from €1.86M to €56k.
31-12
Financial
Equity above €2MEq €4.96M ▲593%
Equity rises from €716k to €4.96M.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €41k ▲25.8%
Operating result €55k, net result €41k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Ukkel · 1 establishment unit since 2001
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.
Egide Van Ophemstraat 40C1180 UkkelGround area
3,197 m²
Building footprint
2,233 m²
Volume, LiDAR
25,899 m³
2 parcels, Brussels · tallest building 19.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MONTJOYE SA
since 20012.025.765.321
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0176/00N002 | Brussels | 2,094 m² | 1 · 2,233 m² | 19.1 m · 4 fl. |
| 21616G0176/00X003 | Brussels | 1,103 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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Roeselare · Eq €4.17M
TALANTON
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ROBESTA
BE 0434.778.447
Antwerpen · Eq €4.18M
AAGE
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Merchtem · Eq €4.19M
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,403 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-09-1984
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.