MONUMENT STABILITY CONTRACTOR
ActiveMONUMENT STABILITY CONTRACTOR has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.37M and a net result of €1.54M. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 60% of 65 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
96
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+5
Solvency84▲+3
Growth85=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.29 in 2024), and 42.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
57.7%
Return on assets
16.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
13 d early
2023
27 d late
2022
18 d late
2021
19 d early
2020
11 d early
2019
14 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€6.93M▲ 33.3%
2019 · €5.20M
2018: €4.14M
2019: €5.20M
2018 → 2020
EBIT margin
10.3%▲ 0.4pp
2019 · 9.9%
2018: 14.4%
2019: 9.9%
2018 → 2020
Net result
€1.54M▲ 65.0%
2024 · €932k
2018: €445k
2019: €442k
2020: €311k
2021: €329k
2022: €181k
2023: €426k
2024: €932k
2018 → 2025
Working capital
€1.18M▲ 48.6%
2024 · €791k
2018: €1.78M
2019: €1.61M
2020: €1.59M
2021: €1.53M
2022: €1.36M
2023: €470k
2024: €791k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.72M-€3.90M▲ 4.9%€4.33M▲ 10.9%€4.89M▲ 12.9%€5.37M▲ 10.0%
Operating result€417k-€233k▼ 44.2%€468k▲ 101%€1.15M▲ 145%€1.86M▲ 62.5%
Net result€329k-€181k▼ 45.0%€426k▲ 135%€932k▲ 119%€1.54M▲ 65.0%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 62% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.31M
Fixed assets
€5.22M▼ 3.5%
Current assets
€4.09M▲ 17.7%
Equity and liabilities €9.31M
Equity
€5.37M▲ 10.0%
Debt
€3.94M▼ 1.6%
The debt ratio falls from 45.0% to 42.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€3.25M▲
2024 · €2.89M
Cash flow
€2.93M▲
2024 · €2.67M
Solvency
57.7%▲
2024 · 55.0%
Current ratio
1.40▲
2024 · 1.29
Quick ratio
1.26▲
2024 · 1.05
Debt / equity
0.73▼
2024 · 0.82
ROE
28.6%▲
2024 · 19.1%
ROA
16.5%▲
2024 · 10.5%
Interest coverage
50.31▲
2024 · 33.93
Debt
€3.94M▼
2024 · €4.00M
Debt ≤ 1 year
€2.92M▲
2024 · €2.69M
Debt > 1 year
€1.02M▼
2024 · €1.31M
Income taxes
€330k▲
2024 · €192k
Staff costs
€2.73M▲
2024 · €2.64M
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€8.89M€9.31M▲
Fixed assets21/28€5.41M€5.22M▼
Intangible fixed assets21€25k-
Tangible fixed assets22/27€5.38M€5.22M▼
Plant, machinery and equipment23€5.23M€5.18M▼
Furniture and vehicles24€4k€13k▲
Leasing and similar rights25€145k€27k▼
Current assets29/58€3.48M€4.09M▲
Stocks and contracts in progress3€665k€426k▼
Stocks30/36€107k€119k▲
Contracts in progress37€558k€307k▼
Amounts receivable within one year40/41€1.40M€1.99M▲
Trade receivables40€1.34M€1.98M▲
Other amounts receivable41€58k€5k▼
Current investments50/53€1.33M€1.63M▲
Cash at bank and in hand54/58€45k€26k▼
Deferred charges and accrued income490/1€39k€31k▼
Equity and liabilities
Total equity and liabilities10/49€8.89M€9.31M▲
Equity10/15€4.89M€5.37M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€2.20M€2.67M▲
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Tax-exempt reserves132€1.81M€2.14M▲
Distributable reserves133€345k€472k▲
Profit (loss) carried forward14€2.18M€2.21M▲
Amounts payable17/49€4.00M€3.94M▼
Amounts payable after more than one year17€1.31M€1.02M▼
Financial debts170/4€1.31M€1.02M▼
Amounts payable within one year42/48€2.69M€2.92M▲
Current portion of amounts payable after more than one year42€367k€290k▼
Trade debts44€818k€1.93M▲
Suppliers440/4€818k€1.93M▲
Advances received on contracts in progress46€1.04M-
Taxes, remuneration and social security45€86k€97k▲
Taxes450/3€32k€32k=
Remuneration and social security454/9€55k€66k▲
Other amounts payable47/48€375k€603k▲
Accrued charges and deferred income492/3€2k€392▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€2.64M€2.73M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.74M€1.39M▼
Other operating charges640/8€22k€23k▲
Gross operating margin9900€5.55M€6.01M▲
Operating profit (loss)9901€1.15M€1.86M▲
Financial income75/76B€64k€72k▲
Recurring financial income75€64k€69k▲
Non-recurring financial income76B-€3k
Financial charges65/66B€85k€65k▼
Recurring financial charges65€85k€65k▼
Profit (loss) for the period before taxes9903€1.12M€1.87M▲
Income taxes67/77€192k€330k▲
Profit (loss) for the period9904€932k€1.54M▲
Transfer from tax-exempt reserves789€105k€126k▲
Transfer to tax-exempt reserves689€253k€463k▲
Profit (loss) for the period to be appropriated9905€785k€1.20M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.66M€3.38M▲
Profit (loss) brought forward from the previous period14P€1.88M€2.18M▲
Transfer to equity691/2€105k€126k▲
To other reserves6921€105k€126k▲
Profit to be distributed694/7€375k€1.05M▲
Return on contributions (dividend)694-€500k
Directors or managers695€375k€550k▲
Social balance
Average headcount (FTE)908739.839.5▼
The notes to these accounts (12 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €1.54M ▲65%
Operating result €1.86M, net result €1.54M, both a record.
31-12
Financial
Equity above €5MEq €5.37M ▲10%
8 profitable years in a row build equity to €5.37M.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 18 days late
2022
31-12
Financial
Weakest financial yearnet €181k ▼45%
Net result drops to €181k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Ingelmunster · 1 establishment unit since 2000
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.
Oostrozebekestraat 548770 IngelmunsterGround area
2.3 ha
Building footprint
1,637 m²
Volume, LiDAR
9,686 m³
Parcel 36007B0904/00R000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.S.C.
since 20002.033.930.048
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007B0904/00R000 | Flanders | 2.3 ha | 1 · 1,637 m² | 11.1 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
3 categoriesMONUMENT STABILITY CONTRACTOR NV30911
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Of 113 companies in sector 08111 we hold annual accounts for 95. 49 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-09-1986
Fiscal year end31-12
Abbreviation NL
M.S.C.
Activities, NACEBEL
08111Other mining and quarrying
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.