MONTAGNE RESIDENTIAL
ActiveSummary
MONTAGNE RESIDENTIAL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.40M) and a net result of €-129k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▲+27
Solvency0▼-9
Growth22=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 10.05 against 2.59 in 2024; short-term debt: 10% and cash: 0% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Seven 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 →
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 2025Solvency, return and age of the figures
Solvency
-27.5%
Return on assets
-2.5%
Age of the figures
9 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-1.40M
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
35 d early
2023
41 d early
2022
41 d early
2021
11 d late
2020
1 d early
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€13k▲ 1,467%
2019 · €835
2018: €37k
2019: €835
2018 → 2020
EBIT margin
-24.3%▲ 532.4pp
2019 · -556.8%
2018: -21.2%
2019: -556.8%
2018 → 2020
Net result
€-129k▲ 88.0%
2024 · €-1.08M
2018: €-12k
2019: €-9k
2020: €-8k
2021: €-303k
2022: €107k
2023: €-5k
2024: €-1.08M
2018 → 2025
Working capital
€4.57M▼ 8.1%
2024 · €4.98M
2018: €225k
2019: €233k
2020: €8k
2021: €-296k
2022: €2.34M
2023: €4.01M
2024: €4.98M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-296k-€-189k▲ 36.1%€-194k▼ 2.7%€-1.27M▼ 554%€-1.40M▼ 10.1%
Operating result€-299k-€105k€-5k€-555k▼ 11,731%€108k
Net result€-303k-€107k€-5k€-1.08M▼ 21,074%€-129k▲ 88.0%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €108k after a loss of €555k in 2024, the highest result in the available series.
Key figures and ratios
Solvency
-27.5%▼
2024 · -15.7%
Current ratio
10.05▲
2024 · 2.59
Quick ratio
10.04▲
2024 · 2.59
Debt to equity
-4.63▲
2024 · -7.38
ROA
-2.5%▲
2024 · -13.3%
Debt
€6.48M▼
2024 · €9.37M
Debt ≤ 1 year
€506k▼
2024 · €3.12M
Debt > 1 year
€5.97M▼
2024 · €6.25M
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.10M€5.08M▼
Current assets29/58€8.10M€5.08M▼
Amounts receivable after more than one year29€3.00M€2.00M▼
Trade receivables290€3.00M€2.00M▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€5.09M€3.07M▼
Trade receivables40€5.03M€3.00M▼
Other amounts receivable41€69k€74k▲
Cash at bank and in hand54/58€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€8.10M€5.08M▼
Equity10/15€-1.27M€-1.40M▼
Contributions10/11€225k€225k=
Capital10€225k€225k=
Issued capital100€225k€225k=
Profit (loss) carried forward14€-1.49M€-1.62M▼
Amounts payable17/49€9.37M€6.48M▼
Amounts payable after more than one year17€6.25M€5.97M▼
Other amounts payable178/9€6.25M€5.97M▼
Amounts payable within one year42/48€3.12M€506k▼
Trade debts44€2.60M€134k▼
Suppliers440/4€2.60M€134k▼
Advances received on contracts in progress46-€372k
Taxes, remuneration and social security45€524k€0▼
Taxes450/3€524k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€237k
Other operating charges640/8€798€2k▲
Gross operating margin9900€-555k€110k▲
Operating profit (loss)9901€-555k€108k▲
Financial charges65/66B€520k€236k▼
Recurring financial charges65€520k€236k▼
Profit (loss) for the period before taxes9903€-1.08M€-129k▲
Profit (loss) for the period9904€-1.08M€-129k▲
Profit (loss) for the period to be appropriated9905€-1.08M€-129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.49M€-1.62M▼
Profit (loss) brought forward from the previous period14P€-419k€-1.49M▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (4 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
18-09
State Gazette act
Resignations: DREAMS BV (director) and Adel Yahia Consult BV (director)Permanent representatives: Eric SCHARTZ, Adel YAHIA and 6 others · Appointments: Queen-K BV (director) and ZAFFERANA BV (director) · Reappointment: L.A.W. BV (director)16 facts ▸
State Gazette act
Resignations: DREAMS BV (director) and Adel Yahia Consult BV (director)
Permanent representatives: Eric SCHARTZ, Adel YAHIA and 6 others · Appointments: Queen-K BV (director) and ZAFFERANA BV (director) · Reappointment: L.A.W. BV (director)16 facts ▸
- Director resignation, DREAMS BV (director)
- Permanent representative, Eric SCHARTZ (permanent representative)
- Director resignation, Adel Yahia Consult BV (director)
- Permanent representative, Adel YAHIA (permanent representative)
- Director appointment, Queen-K BV (director)
- Permanent representative, Olivier Thiel (permanent representative)
- Director appointment, ZAFFERANA BV (director)
- Permanent representative, Wim Smekens (permanent representative)
- Director reappointment, L.A.W. BV (director)
- Permanent representative, Stephanie De Wilde (permanent representative)
- Board composition, Queen-K BV (director)
- Board composition, ZAFFERANA BV (director)
- +4 further facts in this act
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 10.05
Current ratio from 2.59 to 10.05; short-term debt falls from €3.12M to €506k.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-1.08M
Net result drops to €-1.08M, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €107k
Net result €107k after 4 loss-making years.
31-12
Financial
Liquidity times 29current ratio 12.45
Current ratio from 0.43 to 12.45; short-term debt falls from €520k to €205k.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
Show earlier events
2019
31-12
Financial
Liquidity times 5current ratio 78.84
Current ratio from 16.14 to 78.84; short-term debt falls from €15k to €3k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 43 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26117354). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Lady At Work
CurrentDirector · since 08-07-2026 · Private limited company · perm. rep.: Stephanie De Wilde
Queen-K BV
CurrentDirector · since 08-07-2026 · Legal entity · perm. rep.: Olivier Thiel
ZAFFERANA
CurrentDirector · since 08-07-2026 · Private limited company · perm. rep.: Wim Smekens
18-09-2026
ADEL YAHIA CONSULT: Resigned as Director
18-09-2026
DREAMS: Resigned as Director
08-07-2026
Lady At Work: Mandate renewed as Director
08-07-2026
Queen-K BV: Appointed as Director
08-07-2026
ZAFFERANA: Appointed as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2011
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.
Anspachlaan 11000 BrusselGround area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
MONTAGNE RESIDENTIAL
since 20112.246.852.075
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 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.
Structure & network
Connections & network
11 connected companiesLinked via shared directors
Shared corporate director
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Show 7 more companies with a shared director
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Similar companies · same sector, comparable size
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IMMO CREATION
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HP IMMO
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VDD WR
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FOLLON ET CIE
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 2,744 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 formPublic limited company
Founded12-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.