ACTIVE

MONROW

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Financial year 2025 · closed on 31/12/2025
Net result
2,4 k €
-91.2% YoY
Gross margin
11,6 k €
-67.4% YoY
Equity
43,2 k €
+5.8% YoY

What does MONROW do?

MONROW is a Private limited company incorporated in 2017. Its main activity is: Architectural activities. Its registered office is in Ledegem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0680.952.371
Incorporation
12/09/2017
Legal form
Private limited company
Registered office
Izegemsestraat 39B
8880 Ledegem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
71112Architectural activities· main71112Architectural activities
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin11,6 k €35,5 k €15,3 k €-513,9 €12,3 k €16,8 k €
EBITDA10,7 k €34,4 k €14,5 k €-1,2 k €11,4 k €15,5 k €
Operating result3,9 k €28,5 k €7,9 k €-8,3 k €6,4 k €13,4 k €
Net result2,4 k €26,8 k €7,2 k €-8,8 k €5,9 k €10,4 k €
Balance sheet
Equity43,2 k €40,9 k €45,5 k €38,3 k €47,2 k €34,4 k €
Total assets79,7 k €105,5 k €101,2 k €91,6 k €102,3 k €45,3 k €
Cash42,1 k €41,6 k €47,3 k €35,3 k €26,2 k €30,6 k €
Debts36,5 k €64,6 k €55,6 k €53,3 k €55,1 k €10,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

EMC Invest

Director · since 30 janvier 2024 · 1005.457.755

Active

Ended mandates

Dominiek Vanderheeren

Director · since 11 janvier 2018 · until 30 janvier 2024

Ended
Dominiek Vanderheeren

Director · since 11 janvier 2018

Ended
Dominiek Vanderheeren

Manager · since 11 janvier 2018

Ended
BOWBOW TOTAALAANNEMINGEN

Director · since 12 septembre 2017 · until 31 décembre 2020 · 0659.887.139

Represented by Dominiek Vanderheeren

Ended
At this address

Other companies at this address

CompanyCBE no.
BOWBOW TOTAALAANNEMINGEN● Active
0659.887.139
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 date29/06/202630/06/202501/07/202426/06/202329/06/202229/06/2021
General meeting27/06/202628/06/202529/06/202424/06/202325/06/202226/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202629/06/2026DutchPDF
Abridged model31/12/202428/06/202530/06/2025DutchPDF
Abridged model31/12/202329/06/202401/07/2024DutchPDF
Abridged model31/12/202224/06/202326/06/2023DutchPDF
Abridged model31/12/202125/06/202229/06/2022DutchPDF
Abridged model31/12/202026/06/202129/06/2021DutchPDF
Abridged model31/12/201904/06/202015/06/2020DutchPDF
Abridged model31/12/201817/07/201925/07/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 1 active · 6 ended

Active mandates

EMC Invest

Director · since 30 janvier 2024 · 1005.457.755

Active

Ended mandates

Dominiek Vanderheeren

Director · since 11 janvier 2018 · until 30 janvier 2024

Ended
Dominiek Vanderheeren

Director · since 11 janvier 2018

Ended
Dominiek Vanderheeren

Manager · since 11 janvier 2018

Ended
BOWBOW TOTAALAANNEMINGEN

Director · since 12 septembre 2017 · until 31 décembre 2020 · 0659.887.139

Represented by Dominiek Vanderheeren

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/09/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20252,4 k €↓
  2. 2024
    Annual accounts 202426,8 k €↑
  3. 2023
    Annual accounts 20237,2 k €↑
  4. 2022
    Annual accounts 2022-8,8 k €↓
  5. 2021
    Annual accounts 20215,9 k €↓
  6. 2020
    Annual accounts 202010,4 k €
  7. 12/09/2017
    IncorporationPrivate limited company