OPENING OF BANKRUPTCY

Monocode

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Financial year 2024 · closed on 31/12/2024
Net result
-157,5 k €
-7505.2% YoY
Gross margin
368,8 k €
-28.0% YoY
Equity
-148,6 k €
-1770.6% YoY
Workforce
9,2 ETP

Company — Opening of bankruptcy.

What does Monocode do?

Monocode is a Private limited company incorporated in 2011. Its registered office is in Hasselt. It employs on average 9,2 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0840.295.063
Incorporation
14/10/2011
Legal form
Private limited company
Registered office
Bampslaan 19 box 3
3500 Hasselt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
9,2 ETP
Joint committees (3)
  • 100
  • 227
  • 22700
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20242023202220212018201720162015201420132012
Income statement
Gross margin368,8 k €512,1 k €383,4 k €500,9 k €349,7 k €216,9 k €179,3 k €126,3 k €52,9 k €55,4 k €36,3 k €
EBITDA-121,1 k €37,0 k €-16,0 k €56,8 k €26,1 k €2,4 k €13,2 k €5,3 k €-29,0 k €24,6 k €35,5 k €
Operating result-136,9 k €16,4 k €-30,4 k €27,2 k €9,5 k €-3,4 k €11,2 k €-1,4 k €-34,5 k €10,8 k €27,8 k €
Net result-157,5 k €2,1 k €-33,2 k €24,2 k €2,8 k €-6,2 k €7,3 k €-5,6 k €-31,0 k €2,3 k €28,3 k €
Balance sheet
Equity-148,6 k €8,9 k €6,8 k €39,9 k €16,4 k €13,6 k €7,5 k €237,1 €5,9 k €36,8 k €34,6 k €
Total assets220,9 k €353,3 k €257,0 k €209,9 k €194,2 k €110,1 k €103,7 k €62,8 k €60,7 k €88,8 k €45,6 k €
Cash1,6 k €1,0 k €3,6 k €8,1 k €14,2 k €10,3 k €–4,3 k €120,5 €4,0 k €796,8 €
Debts350,2 k €320,7 k €234,7 k €131,1 k €177,3 k €95,1 k €96,2 k €60,1 k €52,4 k €52,0 k €11,0 k €
Other
Workforce9,2 ETP–––––4,3 ETP3,7 ETP2,6 ETP––
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 8 ended

Active mandates

KiKo Management

Director · since 03 février 2023 · 0782.363.101

Represented by Koen HUYBRECHTS

Active

Ended mandates

Koen Huybrechs

Manager · since 01 octobre 2011

Ended
Koen Huybrechts

Manager · since 01 octobre 2011

Ended
KiKo Management

Director · 0782.363.101

Represented by Koen HUYBRECHTS

Ended
Koen Huybrechts

Director

Ended
At this address

Other companies at this address

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0450.301.912
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0437.972.222
CURINGERPOORT● Active
0644.708.916
KORAAL ADVOCATEN● Active
0471.236.688
Limburgs Cultuurfonds● Active
0406.557.682
Raiffeisenkas van Hasselt● Active
0408.148.383
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202508/07/202428/06/202318/08/202220/07/202124/06/2020
General meeting30/06/202510/06/202412/06/202330/06/202214/06/202108/06/2020
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 model31/12/202430/06/202531/07/2025DutchPDF
Micro model31/12/202310/06/202408/07/2024DutchPDF
Micro model31/12/202212/06/202328/06/2023DutchPDF
Micro model31/12/202130/06/202218/08/2022DutchPDF
Micro model31/12/202014/06/202120/07/2021DutchPDF
Micro model31/12/201908/06/202024/06/2020DutchPDF
Micro model31/12/201814/06/201914/06/2019DutchPDF
Micro model31/12/201711/06/201813/06/2018DutchPDF
Abridged model31/12/201612/06/201728/06/2017DutchPDF
Abridged model31/12/201513/06/201628/07/2016DutchPDF
Abridged model31/12/201429/03/201630/03/2016DutchPDF
Abridged model31/12/201309/06/201430/06/2014DutchPDF
Abridged model31/12/201210/08/201328/08/2013DutchPDF
Estimate

Indicative valuation

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 31/12/2024 · 1 active · 8 ended

Active mandates

KiKo Management

Director · since 03 février 2023 · 0782.363.101

Represented by Koen HUYBRECHTS

Active

Ended mandates

Koen Huybrechs

Manager · since 01 octobre 2011

Ended
Koen Huybrechts

Manager · since 01 octobre 2011

Ended
KiKo Management

Director · 0782.363.101

Represented by Koen HUYBRECHTS

Ended
Koen Huybrechts

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/02/2023
    WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/04/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/10/2011
    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. 2024
    Annual accounts 2024-157,5 k €↓
  2. 2023
    Annual accounts 20232,1 k €↑
  3. 2022
    Annual accounts 2022-33,2 k €↓
  4. 2022
    Name changeMonocode
  5. 2021
    Annual accounts 202124,2 k €↑
  6. 2021
    Name changeAppSaloon
  7. 2018
    Annual accounts 20182,8 k €↑
  8. 2017
    Annual accounts 2017-6,2 k €↓
  9. 2016
    Annual accounts 20167,3 k €↑
  10. 2015
    Annual accounts 2015-5,6 k €↑
  11. 2014
    Annual accounts 2014-31,0 k €↓
  12. 2013
    Annual accounts 20132,3 k €↓
  13. 2012
    Annual accounts 201228,3 k €
  14. 14/10/2011
    IncorporationPrivate limited company