ACTIVE

MONIN

Financial year 2025 · closed on 31/12/2025
Net result
245,9 k €
+18.3% YoY
Revenue
4,3 M €
+8.1% YoY
Equity
1,6 M €
+17.8% YoY
Workforce
10,0 ETP
+5.3% YoY

What does MONIN do?

MONIN is a Public limited company incorporated in 2006. Its registered office is in Edegem. It employs on average 10,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0879.917.484
Incorporation
13/03/2006
Legal form
Public limited company
Registered office
Prins Boudewijnlaan 43
2650 Edegem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
10,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue4,3 M €4 M €3,6 M €4,2 M €2,8 M €3 M €2,5 M €2,3 M €1,5 M €558,4 k €15,8 k €147,5 k €589,9 k €1,7 M €1,1 M €1,2 M €897,2 k €974,8 k €1,7 M €
EBITDA355,1 k €289,9 k €574 k €580 k €420,6 k €245,3 k €279,6 k €81,2 k €141,2 k €47,8 k €-10,4 k €-47 k €-145 k €4 k €-69,9 k €8,8 k €-115,6 k €44,5 k €146,2 k €
Operating result334,6 k €272,7 k €561,5 k €569,1 k €376,8 k €202,4 k €241,4 k €44,8 k €105,7 k €47,7 k €-11,5 k €-8,7 k €-193,2 k €35,7 k €-112,5 k €143 €-120,2 k €37,8 k €141,9 k €
Net result245,9 k €207,9 k €413,1 k €419,4 k €268 k €156,4 k €213,8 k €12,8 k €79,5 k €28,3 k €-37,7 k €-20,4 k €-204,8 k €23,1 k €-120,9 k €-3 k €-126,1 k €18 k €81,8 k €
Balance sheet
Equity1,6 M €1,4 M €1,2 M €845 k €428,8 k €162,7 k €6,3 k €-207,5 k €-220,3 k €-299,7 k €-371,5 k €-333,7 k €-313,3 k €-108,5 k €-131,6 k €-10,7 k €-7,7 k €118,4 k €100,4 k €
Total assets2,4 M €2,4 M €1,9 M €1,6 M €1,1 M €1,2 M €845,8 k €1,1 M €598,7 k €621 k €73,1 k €131,5 k €265,8 k €458,6 k €591,3 k €457 k €474,4 k €361,1 k €475,7 k €
Cash12,4 k €17,6 k €22,4 k €8,3 k €11,7 k €17,4 k €19,2 k €17,2 k €30,3 k €45,1 k €2,9 k €33,9 k €42,4 k €45,8 k €36,6 k €66,4 k €71,9 k €49,7 k €31,9 k €
Debts682,9 k €985,5 k €746,8 k €748,8 k €658,2 k €1 M €839,5 k €1,3 M €814,3 k €920,7 k €444,6 k €465,2 k €579,1 k €545,2 k €696,2 k €434,6 k €404,6 k €236,8 k €363 k €
Other
Workforce10,0 ETP9,5 ETP9,3 ETP6,9 ETP6,4 ETP7,8 ETP6,8 ETP6,1 ETP5,8 ETP3,3 ETP5,0 ETP4,3 ETP4,0 ETP3,9 ETP5,0 ETP4,6 ETP
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 · 3 active · 18 ended

Active mandates

De Cronos Groep

Director · since 14 juin 2022 · until 12 juin 2028 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 14 juin 2022 · until 12 juin 2028

Active
UPTIME GROUP

Director · since 14 juin 2022 · until 12 juin 2028 · 0891.959.243

Represented by Sam Bambust

Active

Ended mandates

Hestia

Director · since 14 juin 2022 · until 20 mars 2024 · 0895.216.166

Represented by Nicolas Geudens

Ended
Hestia

Director · since 14 juin 2022 · until 12 juin 2028 · 0895.216.166

Represented by Nicolas Geudens

Ended
De Cronos Groep

Director · since 09 octobre 2019 · until 13 juin 2022 · 0467.132.994

Represented by Dirk Deroost

Ended
Hestia

Director · since 01 septembre 2017 · until 13 juin 2022 · 0895.216.166

Represented by Nicolas Geudens

Ended
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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 date27/07/202607/07/202511/07/202401/08/202328/07/202212/07/2021
General meeting08/06/202610/06/202517/06/202412/06/202313/06/202214/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202627/07/2026DutchPDF
Abridged model31/12/202410/06/202507/07/2025DutchPDF
Abridged model31/12/202317/06/202411/07/2024DutchPDF
Abridged model31/12/202212/06/202301/08/2023DutchPDF
Abridged model31/12/202113/06/202228/07/2022DutchPDF
Abridged model31/12/202014/06/202112/07/2021DutchPDF
Abridged model31/12/201929/06/202014/07/2020DutchPDF
Abridged model31/12/201801/07/201908/07/2019DutchPDF
Abridged model31/12/201711/06/201827/07/2018DutchPDF
Full model31/12/201612/06/201703/07/2017DutchPDF
Full model31/12/201513/06/201608/07/2016DutchPDF
Full model31/12/201408/06/201523/06/2015DutchPDF
Full model31/12/201310/06/201430/07/2014DutchPDF
Full model31/12/201210/06/201309/07/2013DutchPDF
Full model31/12/201111/06/201226/07/2012DutchPDF
Full model31/12/201014/06/201102/08/2011DutchPDF
Full model31/12/200914/06/201027/07/2010DutchPDF
Full model31/12/200808/06/200922/07/2009DutchPDF
Full model31/12/200709/06/200825/07/2008DutchPDF
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 · 3 active · 18 ended

Active mandates

De Cronos Groep

Director · since 14 juin 2022 · until 12 juin 2028 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 14 juin 2022 · until 12 juin 2028

Active
UPTIME GROUP

Director · since 14 juin 2022 · until 12 juin 2028 · 0891.959.243

Represented by Sam Bambust

Active

Ended mandates

Hestia

Director · since 14 juin 2022 · until 20 mars 2024 · 0895.216.166

Represented by Nicolas Geudens

Ended
Hestia

Director · since 14 juin 2022 · until 12 juin 2028 · 0895.216.166

Represented by Nicolas Geudens

Ended
De Cronos Groep

Director · since 09 octobre 2019 · until 13 juin 2022 · 0467.132.994

Represented by Dirk Deroost

Ended
Hestia

Director · since 01 septembre 2017 · until 13 juin 2022 · 0895.216.166

Represented by Nicolas Geudens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2024
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2018
    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 2025245,9 k €
  2. 2024
    Annual accounts 2024207,9 k €
  3. 2023
    Annual accounts 2023413,1 k €
  4. 2022
    Annual accounts 2022419,4 k €
  5. 2021
    Annual accounts 2021268 k €
  6. 2020
    Annual accounts 2020156,4 k €
  7. 2019
    Annual accounts 2019213,8 k €
  8. 2018
    Annual accounts 201812,8 k €
  9. 2017
    Annual accounts 201779,5 k €
  10. 2016
    Annual accounts 201628,3 k €
  11. 2016
    Name changeMonin
  12. 2015
    Annual accounts 2015-37,7 k €
  13. 2014
    Annual accounts 2014-20,4 k €
  14. 2013
    Annual accounts 2013-204,8 k €
  15. 2012
    Annual accounts 201223,1 k €
  16. 2011
    Annual accounts 2011-120,9 k €
  17. 2010
    Annual accounts 2010-3 k €
  18. 2009
    Annual accounts 2009-126,1 k €
  19. 2008
    Annual accounts 200818 k €
  20. 2007
    Annual accounts 200781,8 k €
  21. 2007
    Name changeDATACONSTRUCT
  22. 13/03/2006
    IncorporationPublic limited company