ACTIVE

MONRAD

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Financial year 2025 · closed on 31/12/2025
Net result
192,5 k €
+49.4% YoY
Revenue
495,4 k €
+23.7% YoY
Equity
1 M €
+18.8% YoY

What does MONRAD do?

MONRAD is a Private limited company incorporated in 2012. Its registered office is in Uccle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0508.816.666
Incorporation
19/12/2012
Legal form
Private limited company
Registered office
Avenue des Statuaires 49
1180 Uccle · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Revenue495,4 k €400,5 k €404,3 k €464,6 k €489,4 k €473,5 k €593,3 k €533 k €495,9 k €490,5 k €440,4 k €381,6 k €218,7 k €
EBITDA273,5 k €178,6 k €174,9 k €255,5 k €282 k €270,7 k €160 k €305,2 k €184,3 k €331,7 k €306,3 k €327,3 k €173,4 k €
Operating result273,1 k €178,6 k €172,3 k €230,4 k €256,9 k €245,9 k €133,9 k €280,3 k €160,7 k €307,8 k €282,4 k €304,5 k €144,6 k €
Net result192,5 k €128,8 k €122,9 k €160,3 k €178,6 k €168 k €101,7 k €187,6 k €99,7 k €185,1 k €173,3 k €181,7 k €97,9 k €
Balance sheet
Equity1 M €864,2 k €975,4 k €932,4 k €946,8 k €931,9 k €763,9 k €943,9 k €756,3 k €656,6 k €471,5 k €298,2 k €116,5 k €
Total assets1,1 M €998,1 k €1 M €980,4 k €1 M €1 M €1,1 M €987,2 k €833,3 k €870,4 k €689,6 k €674,5 k €374,5 k €
Cash1,1 M €942,3 k €934,6 k €947 k €1 M €986 k €1 M €822,3 k €651,1 k €731,8 k €526,8 k €493,8 k €168,6 k €
Debts115,3 k €133,9 k €31,1 k €47,3 k €99,6 k €112,4 k €322,6 k €42,9 k €75,2 k €212,8 k €216,8 k €375,3 k €257,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

MONICA ALEXE

Mandate

Active
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 date06/07/202610/09/202503/10/202412/07/202329/09/202227/09/2022
General meeting15/06/202628/08/202524/09/202420/06/202322/09/202218/10/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202606/07/2026FrenchPDF
Abridged model31/12/202428/08/202510/09/2025FrenchPDF
Abridged model31/12/202324/09/202403/10/2024FrenchPDF
Abridged model31/12/202220/06/202312/07/2023FrenchPDF
Abridged model31/12/202122/09/202229/09/2022FrenchPDF
Abridged model31/12/202018/10/202127/09/2022FrenchPDF
Abridged model31/12/201922/09/202025/09/2020FrenchPDF
Abridged model31/12/201831/07/201916/08/2019FrenchPDF
Abridged model31/12/201719/09/201824/09/2018FrenchPDF
Abridged model31/12/201621/08/201731/08/2017FrenchPDF
Abridged model31/12/201522/08/201625/08/2016FrenchPDF
Abridged model31/12/201403/09/201518/09/2015FrenchPDF
Abridged model31/12/201324/09/201425/09/2014FrenchPDF
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.

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 · 1 active

Active mandates

MONICA ALEXE

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/08/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office11/02/2020
    SIEGE SOCIAL
    PDF
  • Registered office08/06/2016
    SIEGE SOCIAL
    PDF
  • Other03/12/2014
    DIVERS
    PDF
  • Other11/01/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025192,5 k €↑
  2. 2024
    Annual accounts 2024128,8 k €↑
  3. 2023
    Annual accounts 2023122,9 k €↓
  4. 2022
    Annual accounts 2022160,3 k €↓
  5. 2021
    Annual accounts 2021178,6 k €↑
  6. 2020
    Annual accounts 2020168 k €↑
  7. 2019
    Annual accounts 2019101,7 k €↓
  8. 2018
    Annual accounts 2018187,6 k €↑
  9. 2017
    Annual accounts 201799,7 k €↓
  10. 2016
    Annual accounts 2016185,1 k €↑
  11. 2015
    Annual accounts 2015173,3 k €↓
  12. 2014
    Annual accounts 2014181,7 k €↑
  13. 2013
    Annual accounts 201397,9 k €
  14. 19/12/2012
    IncorporationPrivate limited company