ACTIVE

Monni

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Financial year 2025 · Closed on 31/12/2025

Net result7,2 M €+179,5 %over 1 year
Revenue2,8 M €-48,8 %over 1 year
Equity20,4 M €+12,4 %over 1 year

Identity

Source · BCE/KBO

Monni is a Public limited company incorporated in 1996. Its main activity is: Computer programming activities. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.430.512
Incorporation
28/06/1996
Legal form
Public limited company
Registered office
Ikaroslaan 24
1930 Zaventem · FlandreSee on map
Contributed capital
9 304 089,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 41 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue2,8 M €5,5 M €6 M €5,4 M €4,8 M €
EBITDA436,1 k €3,1 M €2,9 M €1,9 M €1,8 M €
Operating result505,9 k €3 M €2,8 M €1,9 M €1,3 M €
Net result7,2 M €2,6 M €2,6 M €746 k €-7,1 k €
Balance sheet
Equity20,4 M €18,1 M €15,6 M €12,9 M €12,2 M €
Total assets25,7 M €26,1 M €25,4 M €23,9 M €22,1 M €
Cash659 k €919,5 k €508,4 k €173,9 k €284,7 k €
Debts5 M €7,8 M €9,7 M €11 M €9,8 M €
Other
Workforce–1,6 ETP1,8 ETP1,8 ETP1,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 26 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Aragamor Nexus Services1015.474.786Represented by Arendt Anouk
Director30/05/2025 → 22/05/2026
GESKI0464.039.288Represented by Gesquière Jan
Director30/05/2025 → 22/05/2026
PRIMUS CONSULTING & MANAGEMENT0695.672.617Represented by Geeraerts Pieter
Director30/05/2025 → 22/05/2026
DEBRAKO0456.833.079Represented by Koen De Brabander
Director27/05/2022 → 22/05/2026Bestuurder28/05/2021 → 27/05/2022ended
POWERGRAPH0454.469.744Represented by Van DER SCHUEREN GUIDO
Director28/05/2021 → 22/05/2026Voorzitter van de Raad van Bestuur28/05/2021 → 2022 accountsendedChairman of the board of directors26/05/2017 → 2020 accountsended
MIEDEC0891.379.025Represented by De Clercq Mieke
Director24/03/2024 → 22/05/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
JADEL0475.557.049Represented by Gesquière JAN
Director24/05/2024 → 2024 accounts
Mathilde Araujo
Director24/05/2024 → 2024 accounts
LUBENTOR0896.865.265Represented by Faes KURT
Director27/05/2022 → 2023 accounts
MASH0560.662.275Represented by Verhoeven HILDEGARD
Director27/05/2022 → 2023 accounts

Other companies at this address

Ikaroslaan 24 1930 Zaventem
CompanyCBE no.
EasyOrder● Active
0655.723.562
EUROCAM BRUSSELS● Active
0508.661.961
KEYWARE GROEP● Active
0837.671.214
Monni Solutions● Active
0449.832.253
VIEGA BELGIUM● Active
0862.044.641

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/06/202611/06/202505/06/202423/06/202328/04/202328/06/2021
General meeting22/05/202630/05/202524/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 41 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/05/202603/06/2026DutchPDF
Consolidated accounts31/12/202522/05/202603/06/2026DutchPDF
Full model31/12/202430/05/202511/06/2025DutchPDF
Consolidated accounts31/12/202430/05/202511/06/2025DutchPDF
Full model31/12/202324/05/202405/06/2024DutchPDF
Consolidated accounts31/12/202324/05/202412/06/2024DutchPDF
Full model31/12/202226/05/202323/06/2023DutchPDF
Consolidated accounts31/12/202226/05/202323/06/2023DutchPDF
Full modelCorrection31/12/202127/05/202228/04/2023DutchPDF
Full model31/12/202127/05/202222/06/2022DutchPDF
Consolidated accounts31/12/202127/05/202224/06/2022DutchPDF
Full model31/12/202028/05/202121/06/2021DutchPDF
Consolidated accounts31/12/202028/05/202128/06/2021DutchPDF
Full model31/12/201922/05/202005/06/2020DutchPDF
Consolidated accounts31/12/201922/05/202019/06/2020DutchPDF
Full model31/12/201824/05/201903/06/2019DutchPDF
Consolidated accounts31/12/201824/05/201902/07/2019DutchPDF
Full model31/12/201725/05/201812/06/2018DutchPDF
Consolidated accounts31/12/201725/05/201821/06/2018DutchPDF
Full model31/12/201626/05/201708/06/2017DutchPDF
Consolidated accounts31/12/201626/05/201727/06/2017DutchPDF
Full model31/12/201527/05/201623/06/2016DutchPDF
Consolidated accounts31/12/201527/05/201628/06/2016DutchPDF
Full model31/12/201422/05/201519/06/2015DutchPDF

View all 41 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 26 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Aragamor Nexus Services1015.474.786Represented by Arendt Anouk
Director30/05/2025 → 22/05/2026
GESKI0464.039.288Represented by Gesquière Jan
Director30/05/2025 → 22/05/2026
PRIMUS CONSULTING & MANAGEMENT0695.672.617Represented by Geeraerts Pieter
Director30/05/2025 → 22/05/2026
DEBRAKO0456.833.079Represented by Koen De Brabander
Director27/05/2022 → 22/05/2026Bestuurder28/05/2021 → 27/05/2022ended
POWERGRAPH0454.469.744Represented by Van DER SCHUEREN GUIDO
Director28/05/2021 → 22/05/2026Voorzitter van de Raad van Bestuur28/05/2021 → 2022 accountsendedChairman of the board of directors26/05/2017 → 2020 accountsended
MIEDEC0891.379.025Represented by De Clercq Mieke
Director24/03/2024 → 22/05/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
JADEL0475.557.049Represented by Gesquière JAN
Director24/05/2024 → 2024 accounts
Mathilde Araujo
Director24/05/2024 → 2024 accounts
LUBENTOR0896.865.265Represented by Faes KURT
Director27/05/2022 → 2023 accounts
MASH0560.662.275Represented by Verhoeven HILDEGARD
Director27/05/2022 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/07/2026
    Herbenoeming bestuurders en commissaris
    PDF
  • Capital / shares04/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Capital / shares07/05/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - KAPITAAL - AANDELEN
    PDF
  • Mandates26/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/06/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates30/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
GESKI
PRIMUS CONSULTING & MANAGEMENT
Aragamor Nexus Services
POWERGRAPH
DEBRAKO
MIEDEC
JADEL
Mathilde Araujo
MASH
LUBENTOR
Debrako BV
Powergraph BV
1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
MonniKeyware Technologies
Ikaroslaan 24, 1930 Zaventem
Director
Director
Director
DirectorVoorzitter van de Raad van BestuurChairman of the board of directors
Director
Director
DirectorBestuurder
DirectorBestuurder
DirectorBestuurder
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Ikaroslaan 24, 1930 ZaventemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00140414

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MonniCurrent
accounts 2025
Accounts 2025 · 2026-00140414
Keyware Technologies
accounts 2021 → 2024
Accounts 2024 · 2025-00151161

Events

  1. 2025
    Annual accounts 20257,2 M €↑
  2. 2025
    Name changeMonni
  3. 2024
    Annual accounts 20242,6 M €↓
  4. 2023
    Annual accounts 20232,6 M €↑
  5. 2022
    Annual accounts 2022746 k €↑
  6. 2021
    Annual accounts 2021-7,1 k €↑
  7. 2020
    Annual accounts 2020-1,6 M €↓
  8. 2019
    Annual accounts 2019503,1 k €↓
  9. 2018
    Annual accounts 20182,3 M €↑
  10. 2017
    Annual accounts 20171,5 M €↓
  11. 2016
    Annual accounts 20162,1 M €↑
  12. 2015
    Annual accounts 20151,5 M €↑
  13. 2014
    Annual accounts 2014-833,7 k €↑
  14. 2013
    Annual accounts 2013-860,5 k €↑
  15. 2012
    Annual accounts 2012-1 M €↑
  16. 2011
    Annual accounts 2011-1,6 M €↓
  17. 2010
    Annual accounts 2010-822,6 k €↑
  18. 2009
    Annual accounts 2009-2,5 M €↓
  19. 2008
    Annual accounts 2008-943,1 k €↑
  20. 2007
    Annual accounts 2007-16,4 M €↓
  21. 2006
    Annual accounts 2006-7,8 M €
  22. 28/06/1996
    IncorporationPublic limited company