ACTIVE

MONUMENT GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

4,9 M €

+101.9% YoY

Revenue

5 M €

+7.9% YoY

Equity

25,9 M €

+19.2% YoY

Workforce

15,2 ETP

+9.4% YoY

What does MONUMENT GROUP do?

MONUMENT GROUP is a Public limited company incorporated in 1989. Its main activity is: Activities of holding companies. Its registered office is in Ingelmunster. It employs on average 15,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.707.334

Incorporation

22/12/1989

Legal form

Public limited company

Registered office

Oostrozebekestraat 54
8770 Ingelmunster · FlandreSee on map

Contributed capital

7 001 204,76 €

Latest accounts

31/12/2025

Average workforce

15,2 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 65234Reinsurance 70100Activities of head offices 70100Activities of head offices

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	5 M €	+7.9%	4,7 M €	+14.2%	4,1 M €	-0.6%	4,1 M €	+19.5%	3,4 M €	+12.3%	3,1 M €	-1.8%	3,1 M €	-0.2%	3,1 M €	-0.6%	3,1 M €	+14.3%	2,8 M €	+20.1%	2,3 M €	+6.4%	2,2 M €	-14.6%	2,5 M €	+22.8%	2,1 M €	+13.9%	1,8 M €	+11.0%	1,6 M €	-7.8%	1,8 M €	+8.0%	1,6 M €
EBITDA	1,8 M €	-50.0%	3,6 M €	+37.2%	2,6 M €	+28.6%	2 M €	+14.8%	1,8 M €	-9.7%	2 M €	-18.3%	2,4 M €	+120%	1,1 M €	+321%	259,7 k €	-70.1%	867,2 k €	+61.6%	536,6 k €	+33.9%	400,8 k €	-44.7%	724,9 k €	+211%	232,9 k €	+27.3%	183 k €	-16.4%	218,8 k €	-50.1%	438,5 k €	+102%	217,4 k €
Operating result	1,8 M €	-50.4%	3,6 M €	+37.1%	2,6 M €	+28.7%	2 M €	+15.8%	1,8 M €	-9.5%	1,9 M €	-18.6%	2,4 M €	+121%	1,1 M €	+343%	243,2 k €	-71.6%	855,4 k €	+60.5%	533,1 k €	+34.1%	397,6 k €	-44.9%	721,6 k €	+212%	231,2 k €	+29.0%	179,2 k €	-16.3%	214 k €	-50.6%	433,7 k €	+104%	212,7 k €
Net result	4,9 M €	+102%	2,4 M €	+19.4%	2 M €	+56.7%	1,3 M €	+5.7%	1,2 M €	-7.3%	1,3 M €	-16.3%	1,6 M €	-34.6%	2,4 M €	+549%	373,4 k €	-66.6%	1,1 M €	+90.9%	586,6 k €	-49.4%	1,2 M €	-11.1%	1,3 M €	+225%	-1 M €	-353%	412,5 k €	+0.3%	411,5 k €	-29.2%	581,3 k €	+92.9%	301,3 k €
Balance sheet
Equity	25,9 M €	+19.2%	21,7 M €	+8.4%	20 M €	+6.9%	18,7 M €	+3.0%	18,2 M €	+2.7%	17,7 M €	+3.4%	17,1 M €	+7.6%	15,9 M €	+11.8%	14,2 M €	-7.8%	15,4 M €	+6.7%	14,5 M €	+3.1%	14 M €	+8.2%	13 M €	+83.5%	7,1 M €	-12.9%	8,1 M €	+0.8%	8,1 M €	+0.8%	8 M €	+7.1%	7,5 M €
Total assets	60,4 M €	+5.2%	57,4 M €	+26.6%	45,3 M €	+8.7%	41,7 M €	+1.2%	41,2 M €	+10.6%	37,3 M €	+8.5%	34,4 M €	-2.6%	35,3 M €	+17.1%	30,1 M €	+12.0%	26,9 M €	+4.9%	25,6 M €	+0.6%	25,5 M €	+3.6%	24,6 M €	+7.3%	22,9 M €	+2.0%	22,5 M €	+28.2%	17,5 M €	+3.4%	16,9 M €	+19.2%	14,2 M €
Cash	2,1 M €	+107%	1 M €	-55.1%	2,3 M €	+220%	722,3 k €	-64.2%	2 M €	-31.6%	2,9 M €	+89.4%	1,6 M €	+2178%	68,4 k €	-92.4%	897,8 k €	+1825%	46,6 k €	-80.0%	233,2 k €	+833%	25 k €	-40.8%	42,2 k €	+133%	18,1 k €	-78.4%	83,8 k €	+228%	25,6 k €	-60.2%	64,2 k €	+142%	26,6 k €
Debts	34,5 M €	-3.2%	35,6 M €	+41.3%	25,2 M €	+10.0%	22,9 M €	-0.5%	23 M €	+17.8%	19,6 M €	+13.6%	17,2 M €	-11.1%	19,4 M €	+22.0%	15,9 M €	+38.8%	11,4 M €	+2.6%	11,1 M €	-1.8%	11,3 M €	-2.1%	11,6 M €	-26.9%	15,8 M €	+10.5%	14,3 M €	+51.4%	9,5 M €	+5.8%	8,9 M €	+32.6%	6,7 M €
Other
Workforce	15,2 ETP	+9.4%	13,9 ETP	-2.1%	14,2 ETP	+10.9%	12,8 ETP	+4.1%	12,3 ETP	+9.8%	11,2 ETP	+31.8%	8,5 ETP	-4.5%	8,9 ETP	-8.2%	9,7 ETP	+14.1%	8,5 ETP	+4.9%	8,1 ETP	+2.5%	7,9 ETP	+5.3%	7,5 ETP	+4.2%	7,2 ETP	-4.0%	7,5 ETP	-2.6%	7,7 ETP	-1.3%	7,8 ETP	-10.3%	8,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 67 ended

Active mandates

BASTION

Director · since 27 juin 2025 · until 02 juin 2031 · 0460.790.382

Represented by Estelle Vandewalle

Active

Dirk LEEUWERCK

Director · since 27 juin 2025 · until 02 juin 2031

Active

DPB Services

Director · since 27 juin 2025 · until 02 juin 2031 · 0816.612.712

Represented by Barbara DE POORTER

Active

Ghislain CLAERBOUT

Director · since 27 juin 2025 · until 02 juin 2031

Active

Gudrun DE POORTER

Director · since 27 juin 2025 · until 02 juin 2031

Active

Pieter DE POORTER

Managing director · since 27 juin 2025 · until 02 juin 2031

Active

Willy VAN NOTEN

Director · since 27 juin 2025 · until 02 juin 2031

Active

Ended mandates

BASTION

Director · since 16 juillet 2021 · until 02 juin 2025 · 0460.790.382

Represented by Estelle Vandewalle

Ended

BASTION

Director · since 16 juillet 2021 · until 27 juin 2025 · 0460.790.382

Represented by Estelle Vandewalle

Ended

Dirk LEEUWERCK

Director · since 28 juin 2019 · until 01 juin 2025

Ended

Dirk LEEUWERCK

Director · since 28 juin 2019 · until 02 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
ARSENAAL 3PK● Active	0777.850.720
ARSENAAL CONSTRUCT● Active	0783.973.301
Befracon● Bankrupt	0479.767.047
CO CENTER● Active	0652.844.345
DEINS GOED● Active	0443.113.717
De Poorter Immo● Active	0847.559.472
EENHEID MONUMENT● Active	0841.074.330
KORTIM● Active	0473.045.244
Monument Goedleven-Momument Vandekerckhove-Altritempi● Active	0692.673.733
MONUMENT REAL ESTATE● Active	0450.988.533
MONUMENT REAL ESTATE DEVELOPMENT● Active	0834.406.074
MONUMENT STABILITY CONTRACTOR● Active	0429.510.258
MONUMENT - VANDEKERCKHOVE● Active	0441.337.825
MONUMENT VANDEKERCKHOVE-MONUMENT GOEDLEVEN● Active	0644.509.768
MONUMENT VANDEKERCKHOVE-MONUMENT HAINAUT● Active	0691.766.980
STERN● Active	0442.358.107
THV MONUMENT-EEG-KWB● Active	0688.871.234
T.H.V. MONUMENT VANDEKERCKHOVE - ALTRITEMPI● Active	0829.858.358
Tilia Family● Active	0524.900.157
TM BOERENTOREN● Active	0754.600.216

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/08/2026	28/08/2025	28/08/2024	18/08/2023	12/07/2022	23/08/2021
General meeting	30/06/2026	27/06/2025	05/07/2024	23/06/2023	24/06/2022	16/07/2021
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

41 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	23/08/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	28/08/2025	Dutch	PDF
m120-f-p	31/12/2024	27/06/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	05/07/2024	28/08/2024	Dutch	PDF
m120-f-p	31/12/2023	05/07/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	23/06/2023	18/08/2023	Dutch	PDF
m120-f-pCorrection	31/12/2022	23/06/2023	31/08/2023	Dutch	PDF
m120-f-p	31/12/2022	23/06/2023	18/08/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	12/07/2022	Dutch	PDF
m120-f-p	31/12/2021	24/06/2022	24/08/2022	Dutch	PDF
Full model	31/12/2020	16/07/2021	23/08/2021	Dutch	PDF
m120-f-p	31/12/2020	16/07/2021	20/07/2021	Dutch	PDF
Full model	31/12/2019	03/07/2020	17/07/2020	Dutch	PDF
m120-f-p	31/12/2019	31/08/2020	02/09/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	12/07/2019	Dutch	PDF
m120-f-p	31/12/2018	30/09/2019	30/09/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	11/07/2018	Dutch	PDF
m120-f-p	31/12/2017	29/06/2018	11/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	12/07/2017	Dutch	PDF
m120-f-p	31/12/2016	30/06/2017	12/07/2017	Dutch	PDF
Full modelCorrection	31/12/2015	30/06/2016	27/09/2016	Dutch	PDF
Full model	31/12/2015	30/06/2016	06/07/2016	Dutch	PDF
m120-f-p	31/12/2015	30/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	13/07/2015	Dutch	PDF

View all 41 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 7 active · 67 ended

Active mandates

BASTION

Director · since 27 juin 2025 · until 02 juin 2031 · 0460.790.382

Represented by Estelle Vandewalle

Active

Dirk LEEUWERCK

Director · since 27 juin 2025 · until 02 juin 2031

Active

DPB Services

Director · since 27 juin 2025 · until 02 juin 2031 · 0816.612.712

Represented by Barbara DE POORTER

Active

Ghislain CLAERBOUT

Director · since 27 juin 2025 · until 02 juin 2031

Active

Gudrun DE POORTER

Director · since 27 juin 2025 · until 02 juin 2031

Active

Pieter DE POORTER

Managing director · since 27 juin 2025 · until 02 juin 2031

Active

Willy VAN NOTEN

Director · since 27 juin 2025 · until 02 juin 2031

Active

Ended mandates

BASTION

Director · since 16 juillet 2021 · until 02 juin 2025 · 0460.790.382

Represented by Estelle Vandewalle

Ended

BASTION

Director · since 16 juillet 2021 · until 27 juin 2025 · 0460.790.382

Represented by Estelle Vandewalle

Ended

Dirk LEEUWERCK

Director · since 28 juin 2019 · until 01 juin 2025

Ended

Dirk LEEUWERCK

Director · since 28 juin 2019 · until 02 juin 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/01/2014
ONTSLAGEN - BENOEMINGEN
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 20254,9 M €↑
27/06/2025
reconductionFrank Vandelanotte — commissaris
27/06/2025
reconductionPieter De Poorter — bestuurder
27/06/2025
reconductionGudrun De Poorter — bestuurder
27/06/2025
reconductionBarbara De Poorter — bestuurder (via DPB Services)
27/06/2025
reconductionEstelle Vandewalle — bestuurder (via BV Bastion)
27/06/2025
reconductionWilly Van Noten — bestuurder
27/06/2025
reconductionGhislain Claerbout — bestuurder
27/06/2025
reconductionDirk Leeuwerck — bestuurder
2024
Annual accounts 20242,4 M €↑
2023
Annual accounts 20232 M €↑
2022
Annual accounts 20221,3 M €↑
2021
Annual accounts 20211,2 M €↓
2020
Annual accounts 20201,3 M €↓
2019
Annual accounts 20191,6 M €↓
2018
Annual accounts 20182,4 M €↑
2017
Annual accounts 2017373,4 k €↓
2016
Annual accounts 20161,1 M €↑
2015
Annual accounts 2015586,6 k €↓
2014
Annual accounts 20141,2 M €↓
2013
Annual accounts 20131,3 M €↑
2012
Annual accounts 2012-1 M €↓
2011
Annual accounts 2011412,5 k €↑
2010
Annual accounts 2010411,5 k €↓
2009
Annual accounts 2009581,3 k €↑
2008
Annual accounts 2008301,3 k €
22/12/1989
IncorporationPublic limited company

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

MONUMENT GROUP

Overview

What does MONUMENT GROUP do?

Trend over 18 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