ACTIVE

MONIRO

Financial year 2025 · closed on 31/12/2025
Net result
7,0 k €
+1.7% YoY
Gross margin
-399,7 €
-3.2% YoY
Equity
531,7 k €
+1.3% YoY

What does MONIRO do?

MONIRO is a Public limited company incorporated in 2001. Its registered office is in Nieuwpoort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.610.607
Incorporation
12/04/2001
Legal form
Public limited company
Registered office
Albert I laan 98
8620 Nieuwpoort · FlandreSee on map
Contributed capital
114 204,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172015201420132012201120102009200820072006
Income statement
Gross margin-399,7 €-387,3 €-384,4 €-347,5 €-347,5 €-347,5 €-347,5 €-460,2 €-460,2 €
EBITDA-715,4 €-818,4 €-881,0 €-635,4 €-731,5 €-796,0 €-613,0 €-720,1 €-906,5 €-1,4 k €-4,1 k €-3,5 k €-4,5 k €-4,2 k €133,5 k €301,2 k €-33,6 k €223,9 k €363,2 k €
Operating result-715,4 €-818,4 €-881,0 €-635,4 €-731,5 €-796,0 €-613,0 €-720,1 €-906,5 €-1,4 k €-4,1 k €-3,5 k €-4,5 k €-4,2 k €133,5 k €301,2 k €-33,6 k €198,3 k €337,7 k €
Net result7,0 k €6,9 k €6,7 k €4,5 k €6,7 k €6,4 k €6,0 k €7,1 k €5,7 k €3,9 k €1,4 k €1,7 k €729,3 €3,9 k €349,0 k €301,4 k €314,6 k €137,8 k €233,9 k €
Balance sheet
Equity531,7 k €524,6 k €517,7 k €511,0 k €506,5 k €499,8 k €493,4 k €487,3 k €480,2 k €440,0 k €436,1 k €434,7 k €433,0 k €432,2 k €428,3 k €199,3 k €187,9 k €173,3 k €135,4 k €
Total assets536,8 k €530,1 k €520,1 k €515,0 k €510,1 k €506,0 k €497,2 k €490,5 k €484,3 k €440,0 k €436,1 k €434,8 k €433,0 k €676,5 k €700,1 k €656,2 k €763,4 k €1,3 M €1,6 M €
Cash38,7 €3,5 €92,6 €10,0 €125,4 €23,4 €297,1 €58,8 €128,2 €11,3 €76,3 €723,3 €4,5 k €2,2 k €13,4 k €7,4 k €148,8 €7,4 k €11,1 k €
Debts5,2 k €5,5 k €2,5 k €4,1 k €3,6 k €6,2 k €3,8 k €3,2 k €4,1 k €244,3 k €271,8 k €456,8 k €575,5 k €1,1 M €1,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

MYLECKE

Managing director · since 26 mai 2023 · until 26 mai 2029 · 0892.860.749

Represented by Hendrik Danneels

Active
NORTH SEA PROPERTIES

Director · since 26 mai 2023 · until 26 mai 2029 · 0439.459.983

Represented by Heline Cloet

Active
SEA COAST GROUP AC

Managing director · since 26 mai 2023 · until 26 mai 2029 · 0862.167.474

Represented by Adelin Cloet

Active

Ended mandates

NORTH SEA PROPERTIES

Director · since 26 mai 2023 · until 26 mai 2029 · 0439.459.983

Represented by Heline Cloet

Ended
NORTH SEA PROPERTIES

Director · since 27 mars 2020 · until 24 mars 2023 · 0439.459.983

Represented by Heline Cloet

Ended
NORTH SEA PROPERTIES

Director · since 27 mars 2020 · until 30 mars 2024 · 0439.459.983

Represented by Heline Cloet

Ended
SEA COAST GROUP AC

Managing director · since 27 mars 2020 · until 24 mars 2023 · 0862.167.474

Represented by Adelin Cloet

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
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 date01/06/202630/07/202530/09/202428/07/202331/08/202218/08/2021
General meeting29/05/202630/05/202527/09/202406/07/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202601/06/2026DutchPDF
Abridged model31/12/202430/05/202530/07/2025DutchPDF
Abridged model31/12/202327/09/202430/09/2024DutchPDF
Abridged model31/12/202206/07/202328/07/2023DutchPDF
Abridged model31/12/202127/05/202231/08/2022DutchPDF
Abridged model31/12/202028/05/202118/08/2021DutchPDF
Abridged model31/12/201930/07/202030/07/2020DutchPDF
Abridged model31/12/201831/05/201931/08/2019DutchPDF
Abridged model31/12/201725/05/201830/08/2018DutchPDF
Full model31/12/201626/05/201727/06/2017DutchPDF
Full model31/12/201527/05/201620/07/2016DutchPDF
Full model31/12/201429/05/201529/06/2015DutchPDF
Full model31/12/201330/05/201430/07/2014DutchPDF
Full model31/12/201231/05/201308/07/2013DutchPDF
Full model31/12/201125/05/201226/06/2012DutchPDF
Full model31/12/201027/05/201130/06/2011DutchPDF
Full model31/12/200928/05/201016/07/2010DutchPDF
Full model31/12/200829/05/200930/06/2009DutchPDF
Full model31/12/200730/05/200829/07/2008DutchPDF
Full model31/12/200625/05/200727/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 29 ended

Active mandates

MYLECKE

Managing director · since 26 mai 2023 · until 26 mai 2029 · 0892.860.749

Represented by Hendrik Danneels

Active
NORTH SEA PROPERTIES

Director · since 26 mai 2023 · until 26 mai 2029 · 0439.459.983

Represented by Heline Cloet

Active
SEA COAST GROUP AC

Managing director · since 26 mai 2023 · until 26 mai 2029 · 0862.167.474

Represented by Adelin Cloet

Active

Ended mandates

NORTH SEA PROPERTIES

Director · since 26 mai 2023 · until 26 mai 2029 · 0439.459.983

Represented by Heline Cloet

Ended
NORTH SEA PROPERTIES

Director · since 27 mars 2020 · until 24 mars 2023 · 0439.459.983

Represented by Heline Cloet

Ended
NORTH SEA PROPERTIES

Director · since 27 mars 2020 · until 30 mars 2024 · 0439.459.983

Represented by Heline Cloet

Ended
SEA COAST GROUP AC

Managing director · since 27 mars 2020 · until 24 mars 2023 · 0862.167.474

Represented by Adelin Cloet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring13/04/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates19/06/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/04/2006
    WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/12/2004
    MAATSCHAPPELIJKE ZETEL - 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

Timeline

  1. 2025
    Annual accounts 20257,0 k €
  2. 2024
    Annual accounts 20246,9 k €
  3. 2023
    Annual accounts 20236,7 k €
  4. 2022
    Annual accounts 20224,5 k €
  5. 2021
    Annual accounts 20216,7 k €
  6. 2020
    Annual accounts 20206,4 k €
  7. 2019
    Annual accounts 20196,0 k €
  8. 2018
    Annual accounts 20187,1 k €
  9. 2017
    Annual accounts 20175,7 k €
  10. 2015
    Annual accounts 20153,9 k €
  11. 2014
    Annual accounts 20141,4 k €
  12. 2013
    Annual accounts 20131,7 k €
  13. 2012
    Annual accounts 2012729,3 €
  14. 2011
    Annual accounts 20113,9 k €
  15. 2010
    Annual accounts 2010349,0 k €
  16. 2009
    Annual accounts 2009301,4 k €
  17. 2008
    Annual accounts 2008314,6 k €
  18. 2007
    Annual accounts 2007137,8 k €
  19. 2006
    Annual accounts 2006233,9 k €
  20. 12/04/2001
    IncorporationPublic limited company