MONTHI
ActiveSummary
MONTHI has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €415k and a net result of €29k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 6.23 in 2024; short-term debt: 13.2% and cash: 0.3% of total assets), and 18.6% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
81.4%
Return on assets
5.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
36 d late
2023
on the day
2022
10 d late
2021
16 d late
2020
44 d late
2019
10 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€415k▼ 6.1%
2024 · €442k
2019: €348k
2020: €383k
2021: €407k
2022: €406k
2023: €449k
2024: €442k
2019 → 2025
Total assets
€509k▼ 5.0%
2024 · €536k
2019: €789k
2020: €759k
2021: €734k
2022: €661k
2023: €589k
2024: €536k
2019 → 2025
Net result
€29k▲ 6.6%
2024 · €27k
2019: €36k
2020: €35k
2021: €24k
2022: €52k
2023: €43k
2024: €27k
2019 → 2025
Working capital
€207k▼ 8.9%
2024 · €227k
2019: €256k
2020: €265k
2021: €251k
2022: €219k
2023: €241k
2024: €227k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€407k-€406k▼ 0.1%€449k▲ 10.7%€442k▼ 1.7%€415k▼ 6.1%
Operating result€37k-€74k▲ 103%€45k▼ 39.0%€37k▼ 19.1%€39k▲ 7.3%
Net result€24k-€52k▲ 113%€43k▼ 16.0%€27k▼ 37.7%€29k▲ 6.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €509k
Fixed assets
€235k ▼ 11.4%
Current assets
€274k ▲ 1.2%
Equity and liabilities €509k
Equity
€415k ▼ 6.1%
Provisions
€16k ▲ 162%
Debt
€78k ▼ 11.3%
Debt's share of the balance-sheet total falls from 16.5% to 15.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€69k▲
2024 · €68k
Cash flow
€58k▼
2024 · €59k
Current ratio
4.09▼
2024 · 6.23
Debt to equity
0.19▼
2024 · 0.20
ROE
6.9%▲
2024 · 6.1%
ROA
5.6%▲
2024 · 5.0%
Interest coverage
41.05▲
2024 · 21.58
Debt ≤ 1 year
€67k▲
2024 · €44k
Debt > 1 year
€11k▼
2024 · €45k
Income taxes
€16k▲
2024 · €15k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€536k€509k▼
Fixed assets21/28€265k€235k▼
Tangible fixed assets22/27€264k€235k▼
Land and buildings22€263k€234k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€944€0▼
Current assets29/58€271k€274k▲
Amounts receivable within one year40/41€13k€13k▲
Trade receivables40€6k€12k▲
Other amounts receivable41€7k€1k▼
Current investments50/53€255k€258k▲
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€536k€509k▼
Equity10/15€442k€415k▼
Contributions10/11€19k€19k=
Reserves13€342k€316k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€70k€49k▼
Distributable reserves133€273k€267k▼
Profit (loss) carried forward14€81k€81k=
Provisions and deferred taxes16€6k€16k▲
Deferred taxes168€6k€16k▲
Amounts payable17/49€88k€78k▼
Amounts payable after more than one year17€45k€11k▼
Financial debts170/4€45k€11k▼
Amounts payable within one year42/48€44k€67k▲
Current portion of amounts payable after more than one year42€33k€34k▲
Trade debts44€3k€332▼
Suppliers440/4€3k€332▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€3k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€29k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€72k€73k▲
Operating profit (loss)9901€37k€39k▲
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€39k€42k▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€15k€16k▲
Profit (loss) for the period9904€27k€29k▲
Transfer from tax-exempt reserves789€8k€8k=
Profit (loss) for the period to be appropriated9905€35k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€118k▲
Profit (loss) brought forward from the previous period14P€81k€81k=
Transfer from equity791/2€35k€43k▲
Transfer to equity691/2€35k€37k▲
To other reserves6921€35k€37k▲
Profit to be distributed694/7€35k€43k▲
Return on contributions (dividend)694€35k€43k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 36 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Liquidity doublescurrent ratio 5.57
Current ratio from 2.64 to 5.57; short-term debt falls from €134k to €53k.
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
31-03
Financial
Highest result since 2019net €52k ▲113%
Operating result €74k, net result €52k, both a record.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
31-03
Financial
Weakest financial yearnet €24k ▼30.7%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 44 days late
2019
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2016
27-09
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 2 acts read
About the unread acts
We know of 2 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
2 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, Ronse · 1 establishment unit since 2003
Ground area
5,608 m²
Building footprint
217 m²
Volume, LiDAR
1,527 m³
Parcel 45422C1885/00E000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MONTHI
since 20032.379.202.736
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422C1885/00E000 | Flanders | 5,608 m² | 1 · 217 m² | 9.6 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.
Similar companies · same sector, comparable size
BISCHOFFSHEIM
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AIESEC in Belgium
BE 0408.138.188
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M.S.B. FINANCE
BE 0821.290.387
Sint-Agatha-Berchem · Eq €414,354
Morus
BE 0501.747.742
Zedelgem · Eq €413,982
Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,128 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-1997
Fiscal year end31-03
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.