ACTIVE

Monni

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Financial year 2025 · closed on 31/12/2025

Net result

7,2 M €

+179.5% YoY

Revenue

2,8 M €

-48.8% YoY

Equity

20,4 M €

+12.4% YoY

What does Monni do?

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

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 64200Activities of holding companies 64210Activities of holding companies 72220Research and experimental development on social sciences and humanities 74151Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

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	2,8 M €	-48.8%	5,5 M €	-8.9%	6 M €	+12.3%	5,4 M €	+12.0%	4,8 M €	+43.5%	3,3 M €	-9.4%	3,7 M €	+4.1%	3,5 M €	+11.8%	3,2 M €	+17.9%	2,7 M €	+45.1%	1,9 M €	+11.5%	1,7 M €	-1.2%	1,7 M €	-1.4%	1,7 M €	+11.4%	1,5 M €	+4.6%	1,5 M €	+1.5%	1,4 M €	+13.0%	1,3 M €	-17.0%	1,5 M €	+24.7%	1,2 M €
EBITDA	436,1 k €	-86.0%	3,1 M €	+7.3%	2,9 M €	+51.3%	1,9 M €	+6.6%	1,8 M €	+78.0%	1 M €	+7.4%	940,8 k €	+52.5%	617 k €	+14.4%	539,2 k €	+648%	72,1 k €	+154%	-134,6 k €	+70.5%	-456,2 k €	+4.5%	-477,6 k €	-8.8%	-438,8 k €	-106%	-212,6 k €	+55.1%	-474 k €	+31.2%	-689,5 k €	-16.8%	-590,2 k €	+10.9%	-662,4 k €	+48.1%	-1,3 M €
Operating result	505,9 k €	-83.1%	3 M €	+7.2%	2,8 M €	+50.9%	1,9 M €	+43.3%	1,3 M €	+67.3%	772 k €	+10.7%	697,1 k €	+193%	238,1 k €	-36.2%	373,5 k €	+450%	-106,7 k €	+62.2%	-282,2 k €	+51.3%	-579,5 k €	-5.9%	-547 k €	+5.4%	-578,3 k €	-74.3%	-331,7 k €	+45.5%	-608,2 k €	+27.3%	-837 k €	-13.2%	-739,6 k €	-4.6%	-707,1 k €	+46.6%	-1,3 M €
Net result	7,2 M €	+179%	2,6 M €	-3.0%	2,6 M €	+254%	746 k €	+10556%	-7,1 k €	+99.5%	-1,6 M €	-412%	503,1 k €	-77.8%	2,3 M €	+48.6%	1,5 M €	-29.1%	2,1 M €	+46.8%	1,5 M €	+275%	-833,7 k €	+3.1%	-860,5 k €	+15.7%	-1 M €	+35.3%	-1,6 M €	-91.9%	-822,6 k €	+67.4%	-2,5 M €	-168%	-943,1 k €	+94.2%	-16,4 M €	-110%	-7,8 M €
Balance sheet
Equity	20,4 M €	+12.4%	18,1 M €	+16.5%	15,6 M €	+20.4%	12,9 M €	+6.1%	12,2 M €	-0.1%	12,2 M €	-11.4%	13,7 M €	+1.2%	13,6 M €	+17.5%	11,6 M €	+20.1%	9,6 M €	+23.3%	7,8 M €	+31.6%	5,9 M €	-12.1%	6,8 M €	+1.6%	6,6 M €	+7.8%	6,2 M €	-19.0%	7,6 M €	+28.2%	5,9 M €	-25.9%	8 M €	+57.1%	5,1 M €	-73.6%	19,3 M €
Total assets	25,7 M €	-1.8%	26,1 M €	+2.9%	25,4 M €	+6.3%	23,9 M €	+8.0%	22,1 M €	-2.9%	22,8 M €	-7.9%	24,7 M €	+3.0%	24 M €	+8.1%	22,2 M €	+46.8%	15,1 M €	+41.4%	10,7 M €	+6.1%	10,1 M €	+0.2%	10,1 M €	-3.6%	10,4 M €	-2.0%	10,7 M €	-5.1%	11,2 M €	+14.8%	9,8 M €	-1.2%	9,9 M €	+20.4%	8,2 M €	-63.9%	22,8 M €
Cash	659 k €	-28.3%	919,5 k €	+80.9%	508,4 k €	+192%	173,9 k €	-38.9%	284,7 k €	+655%	37,7 k €	-89.6%	363,3 k €	-66.9%	1,1 M €	+441%	202,9 k €	+159%	78,4 k €	-82.8%	456,1 k €	+807%	50,3 k €	+78.4%	28,2 k €	+30.4%	21,6 k €	+193%	7,4 k €	-76.4%	31,2 k €	+228%	9,5 k €	-14.3%	11,1 k €	+309%	2,7 k €	+130%	1,2 k €
Debts	5 M €	-35.3%	7,8 M €	-19.5%	9,7 M €	-11.7%	11 M €	+11.9%	9,8 M €	-7.4%	10,6 M €	-3.5%	11 M €	+5.3%	10,4 M €	-1.0%	10,5 M €	+92.7%	5,5 M €	+96.0%	2,8 M €	-32.1%	4,1 M €	+26.4%	3,2 M €	-13.7%	3,8 M €	-15.4%	4,4 M €	+24.4%	3,6 M €	-6.4%	3,8 M €	+106%	1,9 M €	-39.9%	3,1 M €	-9.2%	3,4 M €
Other
Workforce	–		1,6 ETP	-11.1%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	-28.0%	2,5 ETP	+25.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+53.8%	1,3 ETP	+8.3%	1,2 ETP	-58.6%	2,9 ETP	-12.1%	3,3 ETP	+17.9%	2,8 ETP	0.0%	2,8 ETP	-40.4%	4,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 83 ended

Active mandates

Aragamor Nexus Services

Director · since 30 mai 2025 · until 22 mai 2026 · 1015.474.786

Represented by Arendt Anouk

Active

GESKI

Director · since 30 mai 2025 · until 22 mai 2026 · 0464.039.288

Represented by Gesquière Jan

Active

PRIMUS CONSULTING & MANAGEMENT

Director · since 30 mai 2025 · until 22 mai 2026 · 0695.672.617

Represented by Geeraerts Pieter

Active

DEBRAKO

Director · since 24 mai 2024 · until 22 mai 2026 · 0456.833.079

Represented by Koen De Brabander

Active

POWERGRAPH

Director · since 24 mai 2024 · until 22 mai 2026 · 0454.469.744

Represented by Van Der Schueren Guido

Active

MIEDEC

Director · since 24 mars 2024 · until 22 mai 2026 · 0891.379.025

Represented by De Clercq Mieke

Active

Ended mandates

DEBRAKO

Director · since 24 mai 2024 · until 22 mai 2026 · 0456.833.079

Represented by Koen De Brabander

Ended

JADEL

Director · since 24 mai 2024 · until 22 mai 2026 · 0475.557.049

Represented by Gesquière JAN

Ended

Mathilde Araujo

Director · since 24 mai 2024 · until 22 mai 2026

Ended

POWERGRAPH

Director · since 24 mai 2024 · until 22 mai 2026 · 0454.469.744

Represented by Van DER SCHUEREN GUIDO

Ended

At this address

Other companies at this address

Company	CBE 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

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
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	03/06/2026	11/06/2025	05/06/2024	23/06/2023	28/04/2023	28/06/2021
General meeting	22/05/2026	30/05/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
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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Try for 7 days

Filings

Annual accounts filings

41 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/05/2026	03/06/2026	Dutch	PDF
Consolidated accounts	31/12/2025	22/05/2026	03/06/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	11/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	30/05/2025	11/06/2025	Dutch	PDF
Full model	31/12/2023	24/05/2024	05/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	24/05/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	23/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	26/05/2023	23/06/2023	Dutch	PDF
Full modelCorrection	31/12/2021	27/05/2022	28/04/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	22/06/2022	Dutch	PDF
Consolidated accounts	31/12/2021	27/05/2022	24/06/2022	Dutch	PDF
Full model	31/12/2020	28/05/2021	21/06/2021	Dutch	PDF
Consolidated accounts	31/12/2020	28/05/2021	28/06/2021	Dutch	PDF
Full model	31/12/2019	22/05/2020	05/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	22/05/2020	19/06/2020	Dutch	PDF
Full model	31/12/2018	24/05/2019	03/06/2019	Dutch	PDF
Consolidated accounts	31/12/2018	24/05/2019	02/07/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	12/06/2018	Dutch	PDF
Consolidated accounts	31/12/2017	25/05/2018	21/06/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	08/06/2017	Dutch	PDF
Consolidated accounts	31/12/2016	26/05/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	23/06/2016	Dutch	PDF
Consolidated accounts	31/12/2015	27/05/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	22/05/2015	19/06/2015	Dutch	PDF

View all 41 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 83 ended

Active mandates

Aragamor Nexus Services

Director · since 30 mai 2025 · until 22 mai 2026 · 1015.474.786

Represented by Arendt Anouk

Active

GESKI

Director · since 30 mai 2025 · until 22 mai 2026 · 0464.039.288

Represented by Gesquière Jan

Active

PRIMUS CONSULTING & MANAGEMENT

Director · since 30 mai 2025 · until 22 mai 2026 · 0695.672.617

Represented by Geeraerts Pieter

Active

DEBRAKO

Director · since 24 mai 2024 · until 22 mai 2026 · 0456.833.079

Represented by Koen De Brabander

Active

POWERGRAPH

Director · since 24 mai 2024 · until 22 mai 2026 · 0454.469.744

Represented by Van Der Schueren Guido

Active

MIEDEC

Director · since 24 mars 2024 · until 22 mai 2026 · 0891.379.025

Represented by De Clercq Mieke

Active

Ended mandates

DEBRAKO

Director · since 24 mai 2024 · until 22 mai 2026 · 0456.833.079

Represented by Koen De Brabander

Ended

JADEL

Director · since 24 mai 2024 · until 22 mai 2026 · 0475.557.049

Represented by Gesquière JAN

Ended

Mathilde Araujo

Director · since 24 mai 2024 · until 22 mai 2026

Ended

POWERGRAPH

Director · since 24 mai 2024 · until 22 mai 2026 · 0454.469.744

Represented by Van DER SCHUEREN GUIDO

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2026
ONTSLAGEN - BENOEMINGEN
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

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 20257,2 M €↑
2025
Name changeMonni
2024
Annual accounts 20242,6 M €↓
2023
Annual accounts 20232,6 M €↑
2022
Annual accounts 2022746 k €↑
2021
Annual accounts 2021-7,1 k €↑
2021
Name changeKeyware Technologies
2020
Annual accounts 2020-1,6 M €↓
2019
Annual accounts 2019503,1 k €↓
2018
Annual accounts 20182,3 M €↑
2017
Annual accounts 20171,5 M €↓
2016
Annual accounts 20162,1 M €↑
2015
Annual accounts 20151,5 M €↑
2014
Annual accounts 2014-833,7 k €↑
2013
Annual accounts 2013-860,5 k €↑
2012
Annual accounts 2012-1 M €↑
2011
Annual accounts 2011-1,6 M €↓
2010
Annual accounts 2010-822,6 k €↑
2009
Annual accounts 2009-2,5 M €↓
2008
Annual accounts 2008-943,1 k €↑
2007
Annual accounts 2007-16,4 M €↓
2006
Annual accounts 2006-7,8 M €
28/06/1996
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

Monni

Overview

What does Monni 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