Monumento
ActiveSummary
The annual accounts of Monumento for fiscal year 2024 show a net loss of 50% of the equity at the start of that year. The 2024 annual accounts show equity of €41,153 and a net result of -€41,385. Equity is growing by ~43.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 19374 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency48▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.07 against 1.38 in 2023; short-term debt: 66.4% and cash: 4.9% of total assets), and 76.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23.2%
Return on assets
-23.3%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-11-2025, 109 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
109 d late
2023
138 d late
2022
504 d late
2021
73 d late
2020
30 d late
2019
73 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 130 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€41,153▼ 50.1%
2023 · €82,538
Total assets
€177,470▼ 20.4%
2023 · €223,071
Net result
-€41,385
2023 · €65,028
Working capital
€7,896▼ 81.7%
2023 · €43,245
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€886▲ 41.7%€25,127€1,636▼ 93.5%€86,691▲ 5,198%-€40,727
Net result-€1,733within the sector's middle half▼ 30.7%€14,113within the sector's middle half-€345within the sector's middle half€65,028above the sector's middle half-€41,385below the sector's middle half
Equity€3,742below the sector's middle half▼ 31.6%€17,855within the sector's middle half▲ 377%€17,510within the sector's middle half▼ 1.9%€82,538within the sector's middle half▲ 371%€41,153within the sector's middle half▼ 50.1%
Total assets€69,603below the sector's middle half▲ 125%€103,117below the sector's middle half▲ 48.1%€129,526below the sector's middle half▲ 25.6%€223,071within the sector's middle half▲ 72.2%€177,470within the sector's middle half▼ 20.4%
Debt€65,862▲ 158%€85,262▲ 29.5%€112,016▲ 31.4%€140,532▲ 25.5%€136,317▼ 3.0%
Working capital€24,311within the sector's middle half▲ 99.3%-€440within the sector's middle half-€14,245within the sector's middle half▼ 3,140%€43,245within the sector's middle half€7,896within the sector's middle half▼ 81.7%
Solvency5.4%below the sector's middle half▼ 12.3pp17.3%within the sector's middle half▲ 11.9pp13.5%within the sector's middle half▼ 3.8pp37.0%within the sector's middle half▲ 23.5pp23.2%within the sector's middle half▼ 13.8pp
Current ratio1.97within the sector's middle half▲ 0.280.99within the sector's middle half▼ 0.970.85within the sector's middle half▼ 0.151.38within the sector's middle half▲ 0.531.07within the sector's middle half▼ 0.31
Return on assets (ROA)-2.5%below the sector's middle half▲ 1.8pp13.7%above the sector's middle half▲ 16.2pp-0.3%within the sector's middle half▼ 14.0pp29.2%above the sector's middle half▲ 29.4pp-23.3%below the sector's middle half▼ 52.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €40,727 after €86,691 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177,470
Fixed assets
€51,658 ▼ 20.3%
Current assets
€125,812 ▼ 20.5%
Equity and liabilities €177,470
Equity
€41,153 ▼ 50.1%
Debt
€136,317 ▼ 3.0%
Debt's share of the balance-sheet total rises from 63.0% to 76.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€29,133▼
2023 · €96,413
Cash flow
-€29,790▼
2023 · €74,749
Debt to equity
3.31▲
2023 · 1.70
ROE
-100.6%▼
2023 · 78.8%
Interest coverage
-24.08▼
2023 · 23.36
Debt ≤ 1 year
€117,917▲
2023 · €114,992
Income taxes
€192▼
2023 · €18,882
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
6.4%
went bankrupt
6.6%
stopped otherwise
86%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,133 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,130 | - | - |
| Remuneration, social security and pensions62 | - | - | €19,621 | €170 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,655 | €5,477 | €8,295 | €9,721 | €11,595 | ▲ 19.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €6,660 | -€6,660 | ▼ 200% |
| Other operating charges640/8 | - | €1,369 | €4,708 | €7,789 | €2,996 | ▼ 61.5% |
| Gross operating margin9900 | €1,331 | €31,972 | €34,260 | €111,032 | -€32,797 | ▼ 130% |
| Operating profit (loss)9901 | -€886 | €25,127 | €1,636 | €86,691 | -€40,727 | ▼ 147% |
| Financial income75/76B | - | €146 | €1,015 | €1,346 | €805 | ▼ 40.2% |
| Recurring financial income75 | €228 | €146 | €1,015 | €1,346 | €805 | ▼ 40.2% |
| Financial charges65/66B | - | €469 | €606 | €4,127 | €1,270 | ▼ 69.2% |
| Recurring financial charges65 | €226 | €469 | €606 | €4,127 | €1,210 | ▼ 70.7% |
| Non-recurring financial charges66B | - | - | - | - | €60 | - |
| Profit (loss) for the period before taxes9903 | -€884 | €24,803 | €2,046 | €83,910 | -€41,192 | ▼ 149% |
| Income taxes67/77 | €849 | €10,690 | €2,390 | €18,882 | €192 | ▼ 99.0% |
| Profit (loss) for the period9904 | -€1,733 | €14,113 | -€345 | €65,028 | -€41,385 | ▼ 164% |
| Profit (loss) for the period to be appropriated9905 | -€1,733 | €14,113 | -€345 | €65,028 | -€41,385 | ▼ 164% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69,603 | €103,117 | €129,526 | €223,071 | €177,470 | ▼ 20.4% |
| Fixed assets21/28 | €20,131 | €50,325 | €51,805 | €64,833 | €51,658 | ▼ 20.3% |
| Tangible fixed assets22/27 | €20,131 | €50,325 | €46,545 | €59,573 | €49,158 | ▼ 17.5% |
| Plant, machinery and equipment23 | - | €291 | €0 | €2,634 | €2,693 | ▲ 2.2% |
| Furniture and vehicles24 | - | €46,234 | €42,745 | €48,890 | €39,415 | ▼ 19.4% |
| Other tangible fixed assets26 | - | €3,800 | €3,800 | €8,050 | €7,050 | ▼ 12.4% |
| Financial fixed assets28 | - | - | €5,260 | €5,260 | €2,500 | ▼ 52.5% |
| Current assets29/58 | €49,473 | €52,793 | €77,721 | €158,237 | €125,812 | ▼ 20.5% |
| Amounts receivable within one year40/41 | €22,559 | €21,971 | €72,715 | €137,645 | €117,039 | ▼ 15.0% |
| Trade receivables40 | - | €17,416 | €49,705 | €98,853 | €60,852 | ▼ 38.4% |
| Other amounts receivable41 | - | €4,554 | €23,010 | €38,792 | €56,188 | ▲ 44.8% |
| Cash at bank and in hand54/58 | €26,906 | €30,697 | €5,006 | €19,429 | €8,773 | ▼ 54.8% |
| Deferred charges and accrued income490/1 | - | €125 | €0 | €1,163 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69,603 | €103,117 | €129,526 | €223,071 | €177,470 | ▼ 20.4% |
| Equity10/15 | €3,742 | €17,855 | €17,510 | €82,538 | €41,153 | ▼ 50.1% |
| Contributions10/11 | - | €6,800 | €6,800 | €6,800 | €6,800 | = |
| Profit (loss) carried forward14 | -€3,058 | €11,055 | €10,710 | €75,738 | €34,353 | ▼ 54.6% |
| Amounts payable17/49 | €65,862 | €85,262 | €112,016 | €140,532 | €136,317 | ▼ 3.0% |
| Amounts payable within one year42/48 | €25,162 | €53,232 | €91,966 | €114,992 | €117,917 | ▲ 2.5% |
| Trade debts44 | €6,964 | €18,013 | €31,985 | €49,969 | €58,802 | ▲ 17.7% |
| Suppliers440/4 | - | €18,013 | €31,985 | €49,969 | €58,802 | ▲ 17.7% |
| Taxes, remuneration and social security45 | - | €11,539 | €21,841 | €26,035 | €38,935 | ▲ 49.5% |
| Taxes450/3 | - | €11,539 | €21,841 | €26,035 | €38,935 | ▲ 49.5% |
| Other amounts payable47/48 | - | €23,680 | €38,140 | €38,987 | €20,180 | ▼ 48.2% |
| Accrued charges and deferred income492/3 | - | €32,030 | €20,050 | €25,540 | €18,400 | ▼ 28.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,733 | €14,113 | -€345 | €65,028 | -€41,385 | ▼ 164% |
| + Depreciation and write-downs630 | €1,655 | €5,477 | €8,295 | €9,721 | €11,595 | ▲ 19.3% |
| Operating cash flow (approximation) | -€78 | €19,590 | €7,950 | €74,749 | -€29,790 | ▼ 140% |
| Investment in fixed assets (approximation) | - | -€35,670 | -€9,775 | -€22,750 | €1,581 | ▲ 107% |
| Change in cash | - | €3,791 | -€25,691 | €14,423 | -€10,656 | ▼ 174% |
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
2025
17-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 109 days late
2024
31-12
Financial
Weakest financial yearnet -€41,385
Net result drops to -€41,385, the lowest in the series.
16-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 138 days late
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 504 days late
2023
31-12
Financial
Back to profitnet €65,028
Net result €65,028 after one loss-making year.
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Back to profitnet €14,113
Net result €14,113 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Wommelgem · 1 establishment unit since 2018
Ground area
1,111 m²
Building footprint
179 m²
Volume, LiDAR
1,019 m³
Parcel 11052D0004/00P002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Monumento
since 20182.279.403.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052D0004/00P002 | Flanders | 1,111 m² | 1 · 179 m² | 9.0 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.
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Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 3,106 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
Founded03-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0702759456
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.