MONARD E.
0479.962.829 · rovalta.com · 20/09/2026
ACTIVE
MONARD E.
Financial year 2025 · closed on 31/12/2025
Net result
176,1 k €
+1.8% YoY
Gross margin
-39,6 k €
-144.9% YoY
Equity
2,4 M €
+8.1% YoY
Overview
What does MONARD E. do?
MONARD E. is a Private limited company incorporated in 2003. Its main activity is: Legal activities. Its registered office is in Hasselt.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0479.962.829
Incorporation
02/04/2003
Legal form
Private limited company
Registered office
Pastorijstraat 11
3500 Hasselt · FlandreSee on map
3500 Hasselt · FlandreSee on map
Contributed capital
12 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (3)
- 200
- 336
- 33600
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | -39,6 k € | -145% | 88,1 k € | +150% | 35,3 k € | -93.7% | 560,2 k € | +67.8% | 333,9 k € | -38.0% | 538,4 k € | +41.7% | 379,9 k € | -4.2% | 396,6 k € | +13.2% | 350,2 k € | -19.2% | 433,5 k € | +85.2% | 234,1 k € | -52.3% | 490,6 k € | -6.5% | 524,7 k € | -19.5% | 652,0 k € | -31.0% | 945,0 k € | +128% | 414,3 k € | +1.3% | 408,8 k € | +18.2% | 345,9 k € | +50.8% | 229,4 k € |
| EBITDA | -74,7 k € | -244% | 52,0 k € | +3209% | 1,6 k € | -99.7% | 528,8 k € | +82.0% | 290,6 k € | -42.3% | 504,0 k € | +44.8% | 348,0 k € | -4.3% | 363,7 k € | +15.8% | 314,1 k € | -21.7% | 401,2 k € | +85.0% | 216,9 k € | -55.1% | 482,8 k € | -5.3% | 509,7 k € | -21.6% | 650,0 k € | -30.9% | 941,1 k € | +129% | 410,9 k € | +2.2% | 401,9 k € | +17.1% | 343,2 k € | +52.2% | 225,4 k € |
| Operating result | -89,4 k € | -312% | 42,2 k € | +617% | -8,2 k € | -102% | 519,7 k € | +84.7% | 281,4 k € | -43.7% | 499,7 k € | +46.7% | 340,6 k € | -0.2% | 341,1 k € | +18.3% | 288,4 k € | -20.7% | 363,8 k € | +103% | 179,1 k € | -59.7% | 444,8 k € | -7.3% | 479,7 k € | -20.1% | 600,5 k € | -28.2% | 836,7 k € | +145% | 342,1 k € | +5.7% | 323,6 k € | +2.0% | 317,4 k € | +64.9% | 192,5 k € |
| Net result | 176,1 k € | +1.8% | 173,0 k € | +201% | 57,5 k € | +106% | -1,0 M € | -332% | 441,4 k € | +39.4% | 316,7 k € | +13.6% | 278,8 k € | +123% | 125,2 k € | -41.2% | 212,9 k € | -34.7% | 326,1 k € | +102% | 161,2 k € | -52.5% | 339,2 k € | +4.9% | 323,3 k € | -20.9% | 408,7 k € | -12.6% | 467,6 k € | +149% | 188,0 k € | -8.4% | 205,2 k € | +11.7% | 183,8 k € | -12.8% | 210,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 2,4 M € | +8.1% | 2,2 M € | +8.6% | 2,0 M € | +3.0% | 1,9 M € | -34.5% | 3,0 M € | +17.4% | 2,5 M € | +14.3% | 2,2 M € | +14.4% | 1,9 M € | -38.9% | 3,2 M € | +7.2% | 3,0 M € | +12.4% | 2,6 M € | +6.5% | 2,5 M € | +15.9% | 2,1 M € | +6.6% | 2,0 M € | +19.7% | 1,7 M € | +13.8% | 1,5 M € | -45.0% | 2,7 M € | +6.2% | 2,5 M € | +2.6% | 2,4 M € |
| Total assets | 2,4 M € | +6.7% | 2,2 M € | +7.1% | 2,1 M € | +1.5% | 2,1 M € | -34.1% | 3,1 M € | +17.7% | 2,7 M € | -3.8% | 2,8 M € | +4.0% | 2,7 M € | -27.6% | 3,7 M € | -3.5% | 3,8 M € | +13.8% | 3,3 M € | -0.8% | 3,4 M € | +1.7% | 3,3 M € | +0.8% | 3,3 M € | -5.4% | 3,5 M € | +9.0% | 3,2 M € | +5.8% | 3,0 M € | +12.3% | 2,7 M € | -0.7% | 2,7 M € |
| Cash | 32,7 k € | -90.5% | 343,7 k € | +154% | 135,5 k € | +190% | 46,7 k € | -96.3% | 1,3 M € | +5562% | 22,5 k € | +35.7% | 16,6 k € | +2.6% | 16,2 k € | -85.2% | 109,4 k € | +88.7% | 58,0 k € | +53.7% | 37,7 k € | -80.4% | 192,6 k € | -12.7% | 220,7 k € | -5.3% | 233,1 k € | -26.3% | 316,4 k € | +6.5% | 297,1 k € | -57.4% | 697,9 k € | +92.6% | 362,3 k € | +89.5% | 191,1 k € |
| Debts | 45,2 k € | -36.4% | 71,2 k € | -24.7% | 94,5 k € | -22.0% | 121,2 k € | -26.5% | 164,8 k € | +22.7% | 134,3 k € | -75.0% | 538,3 k € | -26.2% | 729,4 k € | +43.0% | 510,1 k € | -40.4% | 855,5 k € | +18.9% | 719,7 k € | -20.6% | 906,9 k € | -21.3% | 1,2 M € | -6.2% | 1,2 M € | -30.0% | 1,8 M € | +7.4% | 1,6 M € | +359% | 355,5 k € | +98.2% | 179,4 k € | -31.6% | 262,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 0,2 ETP | – | – | – | – | – | – | – | – | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
At this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 31/08/2026 | 08/07/2025 | 10/06/2024 | 05/06/2023 | 31/08/2022 | 09/06/2021 |
| General meeting | 05/06/2026 | 06/06/2025 | 07/06/2024 | 02/06/2023 | 30/06/2022 | 04/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 05/06/2026 | 31/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 06/06/2025 | 08/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 07/06/2024 | 10/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 02/06/2023 | 05/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 30/06/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 04/06/2021 | 09/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 05/06/2020 | 29/06/2020 | Dutch | |
| Micro model | 31/12/2018 | 28/06/2019 | 18/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 29/06/2018 | 01/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 23/06/2017 | 04/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 03/06/2016 | 30/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 05/06/2015 | 01/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 31/07/2014 | 12/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 11/09/2013 | 08/10/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/06/2012 | 31/08/2012 | Dutch | |
| Abridged model | 30/06/2010 | 07/01/2011 | 04/02/2011 | Dutch | |
| Abridged model | 30/06/2009 | 19/01/2010 | 19/02/2010 | Dutch | |
| Abridged model | 30/06/2008 | 30/12/2008 | 30/01/2009 | Dutch | |
| Abridged model | 30/06/2007 | 28/12/2007 | 18/02/2008 | Dutch | |
| Abridged model | 30/06/2006 | 22/12/2006 | 31/01/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/01/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
- Capital / shares31/10/2018KAPITAAL - AANDELEN
- Mandates09/11/2016ONTSLAGEN - BENOEMINGEN
- Registered office13/07/2015MAATSCHAPPELIJKE ZETEL
- Capital / shares06/01/2014KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other01/08/2011ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares22/10/2009KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office14/07/2009MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025176,1 k €↑
- 2024Annual accounts 2024173,0 k €↑
- 2023Annual accounts 202357,5 k €↑
- 2022Annual accounts 2022-1,0 M €↓
- 2021Annual accounts 2021441,4 k €↑
- 2020Annual accounts 2020316,7 k €↑
- 2019Annual accounts 2019278,8 k €↑
- 2018Annual accounts 2018125,2 k €↓
- 2017Annual accounts 2017212,9 k €↓
- 2016Annual accounts 2016326,1 k €↑
- 2015Annual accounts 2015161,2 k €↓
- 2014Annual accounts 2014339,2 k €↑
- 2013Annual accounts 2013323,3 k €↓
- 2012Annual accounts 2012408,7 k €↓
- 2011Annual accounts 2011467,6 k €↑
- 2010Annual accounts 2010188,0 k €↓
- 2009Annual accounts 2009205,2 k €↑
- 2008Annual accounts 2008183,8 k €↓
- 2007Annual accounts 2007210,7 k €
- 02/04/2003IncorporationPrivate limited company