ACTIVE

MONFASOL

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Financial year 2025 · closed on 31/12/2025

Net result

-27,4 k €

-145.1% YoY

Revenue

51,4 k €

-8.5% YoY

Equity

116,1 k €

-19.1% YoY

What does MONFASOL do?

MONFASOL is a Cooperative company with limited liability incorporated in 1986. Its main activity is: Trade of electricity. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.014.667

Incorporation

12/06/1986

Legal form

Cooperative company with limited liability

Registered office

Chaussée de Marche(WD) 943
5100 Namur · WallonieSee on map

Contributed capital

18 592,00 €

Latest accounts

31/12/2025

Activities (NACE)

35140Trade of electricity· main 35150Electric power generation, transmission and distribution 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	51,4 k €	-8.5%	56,2 k €	-23.7%	73,7 k €	-29.5%	104,5 k €	+27.2%	82,2 k €	+37.6%	59,7 k €	+2.0%	58,5 k €	+5.8%	55,3 k €	+4.1%	53,1 k €	-9.6%	58,8 k €	+12.5%	52,2 k €	-8.9%	57,3 k €	+1.9%	56,3 k €	-48.4%	108,9 k €	+104%	53,4 k €	+1.7%	52,5 k €	+7.7%	48,7 k €	-31.0%	70,6 k €	+63.6%	43,2 k €	-59.4%	106,4 k €
EBITDA	-20,7 k €	-262%	-5,7 k €	-162%	9,2 k €	-15.6%	10,9 k €	-13.9%	12,7 k €	+12.0%	11,4 k €	+159%	4,4 k €	-68.0%	13,7 k €	+100%	6,8 k €	-27.2%	9,4 k €	+16.5%	8,1 k €	-35.8%	12,6 k €	+20.3%	10,5 k €	-15.7%	12,4 k €	-12.1%	14,1 k €	-7.0%	15,2 k €	+4.1%	14,6 k €	-22.2%	18,7 k €	+106%	9,1 k €	-30.1%	13 k €
Operating result	-27,4 k €	-158%	-10,7 k €	-296%	5,4 k €	-24.0%	7,1 k €	-32.6%	10,6 k €	+17.0%	9,1 k €	+335%	2,1 k €	-76.2%	8,7 k €	+353%	1,9 k €	-47.9%	3,7 k €	+56.1%	2,4 k €	-65.5%	6,9 k €	+44.6%	4,8 k €	-29.0%	6,7 k €	-26.0%	9,1 k €	-7.5%	9,8 k €	+29.7%	7,6 k €	-35.5%	11,7 k €	+2730%	414 €	+181%	-509 €
Net result	-27,4 k €	-145%	-11,2 k €	-390%	3,9 k €	-34.7%	5,9 k €	-14.7%	6,9 k €	-0.2%	6,9 k €	+3030%	222 €	-96.8%	6,8 k €	+308%	1,7 k €	-42.5%	2,9 k €	+23.0%	2,4 k €	-57.7%	5,6 k €	-48.4%	10,9 k €	+60.3%	6,8 k €	+30.2%	5,2 k €	-27.6%	7,2 k €	-9.3%	7,9 k €	-15.1%	9,4 k €	+491%	1,6 k €	+7.9%	1,5 k €
Balance sheet
Equity	116,1 k €	-19.1%	143,6 k €	-7.2%	154,8 k €	+2.6%	150,9 k €	+4.1%	145 k €	+5.0%	138,1 k €	+5.3%	131,1 k €	+0.2%	130,9 k €	+5.5%	124 k €	+1.4%	122,4 k €	+2.4%	119,4 k €	+2.0%	117,1 k €	+5.0%	111,5 k €	+10.8%	100,6 k €	+7.2%	93,8 k €	+5.9%	88,6 k €	+8.9%	81,4 k €	+10.8%	73,4 k €	+14.6%	64,1 k €	+2.5%	62,5 k €
Total assets	229 k €	-8.5%	250,2 k €	-2.8%	257,4 k €	-4.2%	268,8 k €	-1.4%	272,6 k €	+7.4%	253,8 k €	-13.6%	293,7 k €	+0.2%	293 k €	+6.9%	274 k €	-1.1%	277,2 k €	+3.1%	268,8 k €	-1.4%	272,6 k €	+5.9%	257,5 k €	-16.5%	308,4 k €	+21.2%	254,4 k €	+17.0%	217,5 k €	+8.5%	200,5 k €	+3.5%	193,7 k €	+8.0%	179,3 k €	-21.1%	227,2 k €
Cash	49,9 k €	+31.5%	37,9 k €	-23.7%	49,7 k €	+15.3%	43,1 k €	+8.0%	39,9 k €	-15.1%	47 k €	+70.9%	27,5 k €	-11.3%	31 k €	+11.5%	27,8 k €	-3.1%	28,7 k €	+111%	13,6 k €	+44.8%	9,4 k €	-9.5%	10,4 k €	-56.9%	24,1 k €	+3.3%	23,3 k €	+44.9%	16,1 k €	+22.7%	13,1 k €	-12.0%	14,9 k €	+329%	3,5 k €	-41.5%	5,9 k €
Debts	112,9 k €	+5.9%	106,6 k €	+3.9%	102,6 k €	-12.9%	117,9 k €	-7.6%	127,6 k €	+10.3%	115,7 k €	-28.8%	162,5 k €	+0.3%	162 k €	+8.1%	149,8 k €	-3.2%	154,8 k €	+3.7%	149,3 k €	-3.9%	155,3 k €	+6.5%	145,9 k €	-29.7%	207,5 k €	+29.4%	160,4 k €	+24.6%	128,7 k €	+8.1%	119,1 k €	-0.7%	120 k €	+4.2%	115,2 k €	-30.0%	164,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 6 ended

Active mandates

Fabienne MONMART

Associate · since 01 juillet 2018 · until 30 juin 2025

Active

Olivier MONMART

Associate · since 01 juillet 2018 · until 30 juin 2025

Active

Sophie MONMART

Associate · since 01 juillet 2018 · until 30 juin 2025

Active

ALBERT MONMART

Associate · since 30 juin 2018 · until 30 juin 2025

Active

Ended mandates

Christiane ANDRE

Manager · since 01 juillet 2018 · until 30 juin 2019

Ended

Bernard BECKERS

Associate

Ended

Christiane ANDRE

Manager

Ended

Fabienne MONMART

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Cercle équestre /Les Besins/● Active	0416.097.534

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	18/07/2025	14/07/2024	13/07/2023	07/07/2022	15/07/2021
General meeting	30/06/2026	29/06/2025	29/06/2024	29/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	22/07/2026	French	PDF
Abridged model	31/12/2024	29/06/2025	18/07/2025	French	PDF
Abridged model	31/12/2023	29/06/2024	14/07/2024	French	PDF
Abridged model	31/12/2022	29/06/2023	13/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	07/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	15/07/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	14/07/2020	French	PDF
Abridged model	31/12/2018	24/07/2019	25/07/2019	French	PDF
Abridged model	31/12/2017	19/06/2018	23/06/2018	French	PDF
Abridged model	31/12/2016	03/07/2017	20/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	22/07/2016	French	PDF
Abridged model	31/12/2014	03/07/2015	22/07/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	21/07/2014	French	PDF
Abridged model	31/12/2012	02/07/2013	23/07/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	25/07/2012	French	PDF
Abridged model	31/12/2010	28/06/2011	28/07/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	28/07/2010	French	PDF
Abridged model	31/12/2008	15/07/2009	27/07/2009	French	PDF
Abridged model	31/12/2007	25/07/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	24/08/2007	03/09/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 6 ended

Active mandates

Fabienne MONMART

Associate · since 01 juillet 2018 · until 30 juin 2025

Active

Olivier MONMART

Associate · since 01 juillet 2018 · until 30 juin 2025

Active

Sophie MONMART

Associate · since 01 juillet 2018 · until 30 juin 2025

Active

ALBERT MONMART

Associate · since 30 juin 2018 · until 30 juin 2025

Active

Ended mandates

Christiane ANDRE

Manager · since 01 juillet 2018 · until 30 juin 2019

Ended

Bernard BECKERS

Associate

Ended

Christiane ANDRE

Manager

Ended

Fabienne MONMART

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/02/2026
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-27,4 k €↓
2024
Annual accounts 2024-11,2 k €↓
2023
Annual accounts 20233,9 k €↓
2022
Annual accounts 20225,9 k €↓
2021
Annual accounts 20216,9 k €↓
2020
Annual accounts 20206,9 k €↑
2019
Annual accounts 2019222 €↓
2018
Annual accounts 20186,8 k €↑
2017
Annual accounts 20171,7 k €↓
2016
Annual accounts 20162,9 k €↑
2015
Annual accounts 20152,4 k €↓
2014
Annual accounts 20145,6 k €↓
2013
Annual accounts 201310,9 k €↑
2012
Annual accounts 20126,8 k €↑
2011
Annual accounts 20115,2 k €↓
2010
Annual accounts 20107,2 k €↓
2009
Annual accounts 20097,9 k €↓
2008
Annual accounts 20089,4 k €↑
2007
Annual accounts 20071,6 k €↑
2006
Annual accounts 20061,5 k €
12/06/1986
IncorporationCooperative company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MONFASOL

Overview

What does MONFASOL do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline