THE WHITE MONKEY
ActiveSummary
THE WHITE MONKEY has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24.71M and a net result of €22.65M. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 91% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+42
Solvency100▲+30
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 2.37 against 2.4 in 2023; short-term debt: 3.4% and cash: 0.4% of total assets), and 9.6% 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.4%
Return on assets
82.9%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
61 d late
2022
60 d late
2021
61 d late
2020
26 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€24.71M▲ 1,102%
2023 · €2.06M
2018: €1.17M
2019: €1.32M
2020: €1.36M
2021: €1.47M
2022: €2.02M
2023: €2.06M
2018 → 2024
Total assets
€27.32M▲ 504%
2023 · €4.52M
2018: €2.20M
2019: €2.48M
2020: €3.39M
2021: €3.66M
2022: €4.19M
2023: €4.52M
2018 → 2024
Net result
€22.65M▲ 70,340%
2023 · €32k
2018: €425k
2019: €254k
2020: €43k
2021: €108k
2022: €552k
2023: €32k
2018 → 2024
Working capital
€1.29M▼ 14.3%
2023 · €1.51M
2018: €651k
2019: €1.15M
2020: €1.47M
2021: €1.84M
2022: €1.44M
2023: €1.51M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.36M-€1.47M▲ 7.9%€2.02M▲ 37.5%€2.06M▲ 1.6%€24.71M▲ 1,102%
Operating result€95k-€179k▲ 88.6%€512k▲ 187%€108k▼ 78.9%€324k▲ 200%
Net result€43k-€108k▲ 151%€552k▲ 412%€32k▼ 94.2%€22.65M▲ 70,340%
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 2024; 2024 is 200% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27.32M
Fixed assets
€25.09M ▲ 1,196%
Current assets
€2.23M ▼ 13.6%
Equity and liabilities €27.32M
Equity
€24.71M ▲ 1,102%
Debt
€2.61M ▲ 5.8%
Debt's share of the balance-sheet total falls from 54.6% to 9.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€460k▲
2023 · €176k
Cash flow
€22.79M▲
2023 · €100k
Current ratio
2.37▼
2023 · 2.40
Quick ratio
1.50▼
2023 · 1.56
Debt to equity
0.11▼
2023 · 1.20
ROE
91.7%▲
2023 · 1.6%
ROA
82.9%▲
2023 · 0.7%
Interest coverage
3.82▲
2023 · 2.42
Debt ≤ 1 year
€942k▼
2023 · €1.08M
Debt > 1 year
€1.61M▲
2023 · €1.39M
Income taxes
€64k▲
2023 · €23k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.52M€27.32M▲
Fixed assets21/28€1.94M€25.09M▲
Tangible fixed assets22/27€888k€839k▼
Land and buildings22€590k€810k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€21k€28k▲
Assets under construction and advance payments27€274k-
Financial fixed assets28€1.05M€24.25M▲
Current assets29/58€2.59M€2.23M▼
Stocks and contracts in progress3€903k€823k▼
Stocks30/36€903k€823k▼
Amounts receivable within one year40/41€550k€1.01M▲
Trade receivables40€47k€208k▲
Other amounts receivable41€502k€802k▲
Current investments50/53€951k€293k▼
Cash at bank and in hand54/58€147k€98k▼
Deferred charges and accrued income490/1€35k€10k▼
Equity and liabilities
Total equity and liabilities10/49€4.52M€27.32M▲
Equity10/15€2.06M€24.71M▲
Contributions10/11€19k€19k=
Reserves13€2.04M€24.69M▲
Distributable reserves133€2.04M€24.69M▲
Amounts payable17/49€2.47M€2.61M▲
Amounts payable after more than one year17€1.39M€1.61M▲
Financial debts170/4€1.39M€1.61M▲
Amounts payable within one year42/48€1.08M€942k▼
Current portion of amounts payable after more than one year42€497k€122k▼
Financial debts43€500k€500k=
Credit institutions430/8€500k€500k=
Trade debts44€49k€251k▲
Suppliers440/4€49k€251k▲
Taxes, remuneration and social security45€8k€30k▲
Taxes450/3€8k€30k▲
Other amounts payable47/48€27k€39k▲
Accrued charges and deferred income492/3-€61k
Income statement
Code20232024
Non-recurring operating income76A-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€136k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€180k€465k▲
Operating profit (loss)9901€108k€324k▲
Financial income75/76B€20k€22.54M▲
Recurring financial income75€20k€1.25M▲
Non-recurring financial income76B-€21.29M
Financial charges65/66B€73k€145k▲
Recurring financial charges65€73k€120k▲
Non-recurring financial charges66B-€25k
Profit (loss) for the period before taxes9903€56k€22.72M▲
Income taxes67/77€23k€64k▲
Profit (loss) for the period9904€32k€22.65M▲
Profit (loss) for the period to be appropriated9905€32k€22.65M▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€22.65M▲
Transfer to equity691/2€32k€22.65M▲
To other reserves6921€32k€22.65M▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €22.65M ▲70,340%
Net result €22.65M, the highest in the series.
31-12
Financial
Equity above €10MEq €24.71M ▲1,102%
7 profitable years in a row build equity to €24.71M.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €32k ▼94.2%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-12
Financial
Equity above €2MEq €2.02M ▲37.5%
5 profitable years in a row build equity to €2.02M.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 4.50
Current ratio from 2.11 to 4.50; short-term debt falls from €588k to €330k.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
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, Anzegem · 1 establishment unit since 2015
Ground area
2,076 m²
Building footprint
176 m²
Volume, LiDAR
1,076 m³
Parcel 34002F0534/00F000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
THE WHITE MONKEY
since 20152.239.369.318
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002F0534/00F000 | Flanders | 2,076 m² | 1 · 176 m² | 8.8 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,420 EUR awarded · 2,420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Legal Entity Identifier
875500VZTTSZIPR8RF90
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 628 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
Founded13-02-2015
Fiscal year end31-12
Abbreviation NL
TWM
Activities, NACEBEL 2025
68110Buying and selling of own real estate
47811Retail sale of cars and light vans (up to 3.5 tonnes)
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.