ACTIVE

MONTARO

Financial year 2025 · closed on 30/09/2025
Net result
-20,4 k €
+73.8% YoY
Gross margin
179,6 €
-99.6% YoY
Equity
46,6 k €
-30.5% YoY

What does MONTARO do?

MONTARO is a Private limited company incorporated in 2002. Its registered office is in Kinrooi.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.420.034
Incorporation
26/09/2002
Legal form
Private limited company
Registered office
Venlosesteenweg (Kes) 418
3640 Kinrooi · FlandreSee on map
Contributed capital
19 000,00 €
Latest accounts
30/09/2025
Joint committees (1)
  • 111
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201520142013201120102009200820072006
Income statement
Gross margin179,6 €47,9 k €197,7 k €143,2 k €128,4 k €127,8 k €135,2 k €122,5 k €73,7 k €119,4 k €85,7 k €87,1 k €-419,1 €-665,6 €-116,8 €-111,2 €-110 €-139 €
EBITDA-4 k €-57,4 k €72,2 k €31,1 k €70,3 k €52,5 k €77,6 k €63 k €44,4 k €45,4 k €13,9 k €20,2 k €-828,6 €-1 k €-526,3 €-520,7 €-520 €-549 €
Operating result-19,4 k €-69,5 k €28 k €-10,2 k €24,9 k €13,4 k €30,1 k €20 k €16,4 k €33,6 k €259,4 €3,7 k €-828,6 €-1 k €-526,3 €-520,7 €-762 €-911 €
Net result-20,4 k €-77,9 k €21,2 k €-15,2 k €15,6 k €7,3 k €19,3 k €16,1 k €10,4 k €26 k €2,1 k €3,4 k €-802,8 €-1 k €-447,9 €41,6 €-744 €-1,6 k €
Balance sheet
Equity46,6 k €67 k €144,9 k €123,7 k €138,9 k €123,3 k €116 k €97,5 k €81,4 k €54,8 k €28,8 k €26,7 k €23,3 k €24,1 k €25,1 k €25,6 k €25,5 k €26,3 k €
Total assets487,7 k €393,6 k €650,4 k €573 k €500,1 k €506,7 k €513,8 k €479,2 k €321,6 k €152,1 k €222,1 k €116,6 k €23,3 k €24,8 k €25,2 k €25,6 k €27,8 k €29 k €
Cash139,3 k €144,2 k €1,7 k €5,9 k €15,1 k €36 k €32,3 k €103,1 k €237,4 k €46,3 k €106,8 k €49,9 k €23 k €24,6 k €25 k €5,2 k €27,6 k €5,5 k €
Debts441,1 k €326,6 k €505,5 k €449,3 k €361,2 k €382,3 k €397,5 k €381,4 k €240,1 k €97,3 k €193,3 k €89,9 k €665,5 €62 €2,3 k €2,7 k €
Other
Workforce0,9 ETP2,8 ETP2,6 ETP1,0 ETP1,9 ETP1,4 ETP1,1 ETP1,5 ETP2,8 ETP2,2 ETP2,0 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 30/09/2025 · 2 active · 9 ended

Active mandates

Ronny Dirkx

Director · since 18 septembre 2012

Active
Bram Dirkx

Director

Active

Ended mandates

Berger

Manager · since 18 septembre 2012 · 0466.276.030

Ended
Ronny Dirkx

Manager · since 18 septembre 2012

Ended
Inge Defever

Manager · since 17 septembre 2002

Ended
Martin Peeters

Manager · since 17 septembre 2002

Ended
At this address

Other companies at this address

CompanyCBE no.
RDPActive
0713.537.938
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/05/202615/05/202527/04/202406/06/202302/05/202214/05/2021
General meeting31/03/202625/03/202526/03/202428/03/202329/03/202230/03/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202615/05/2026DutchPDF
Abridged model30/09/202425/03/202515/05/2025DutchPDF
Abridged model30/09/202326/03/202427/04/2024DutchPDF
Abridged model30/09/202228/03/202306/06/2023DutchPDF
Abridged model30/09/202129/03/202202/05/2022DutchPDF
Abridged model30/09/202030/03/202114/05/2021DutchPDF
Abridged model30/09/201931/03/202003/04/2020DutchPDF
Abridged model30/09/201826/03/201930/04/2019DutchPDF
Abridged model30/09/201713/03/201805/04/2018DutchPDF
Abridged model30/09/201628/03/201723/05/2017DutchPDF
Abridged model30/09/201529/03/201628/04/2016DutchPDF
Abridged model30/09/201431/03/201509/04/2015DutchPDF
Abridged model30/09/201325/03/201424/04/2014DutchPDF
Abridged model31/12/201101/06/201221/06/2012DutchPDF
Abridged model31/12/201003/06/201128/07/2011DutchPDF
Abridged model31/12/200904/06/201013/07/2010DutchPDF
Abridged model31/12/200805/06/200921/08/2009DutchPDF
Abridged model31/12/200706/06/200824/06/2008DutchPDF
Abridged model31/12/200601/06/200711/07/2007DutchPDF
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 30/09/2025 · 2 active · 9 ended

Active mandates

Ronny Dirkx

Director · since 18 septembre 2012

Active
Bram Dirkx

Director

Active

Ended mandates

Berger

Manager · since 18 septembre 2012 · 0466.276.030

Ended
Ronny Dirkx

Manager · since 18 septembre 2012

Ended
Inge Defever

Manager · since 17 septembre 2002

Ended
Martin Peeters

Manager · since 17 septembre 2002

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/07/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2016
    Benoeming zaakvoerder
    PDF
  • Mandates07/08/2015
    Ontslag zaakvoerder
    PDF
  • Registered office03/10/2012
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
    PDF
  • Mandates03/10/2012
    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 2025-20,4 k €
  2. 2024
    Annual accounts 2024-77,9 k €
  3. 2023
    Annual accounts 202321,2 k €
  4. 2022
    Annual accounts 2022-15,2 k €
  5. 2021
    Annual accounts 202115,6 k €
  6. 2020
    Annual accounts 20207,3 k €
  7. 2019
    Annual accounts 201919,3 k €
  8. 2018
    Annual accounts 201816,1 k €
  9. 2017
    Annual accounts 201710,4 k €
  10. 2015
    Annual accounts 201526 k €
  11. 2014
    Annual accounts 20142,1 k €
  12. 2013
    Annual accounts 20133,4 k €
  13. 2011
    Annual accounts 2011-802,8 €
  14. 2010
    Annual accounts 2010-1 k €
  15. 2009
    Annual accounts 2009-447,9 €
  16. 2008
    Annual accounts 200841,6 €
  17. 2007
    Annual accounts 2007-744 €
  18. 2006
    Annual accounts 2006-1,6 k €
  19. 26/09/2002
    IncorporationPrivate limited company