Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MONUMENT GROUP from Ingelmunster, company number BE0439707334, closed financial year 2025 with a result of € 4.9 million after tax. For that financial year MONUMENT GROUP recorded revenue of € 5 million and equity of € 25.9 million. Compared with financial year 2024, the result moved from € 2.4 million to € 4.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 23, 2026.
€ 25.9 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.9 million
▲ 102% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
15 % of the profit went to the shareholders, mostly to BASTION (60 % of the shares). That is where the money ends up.
People and assets in 2025
15.2
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 11% vs 2024
€ 125,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,202
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32.3 million
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 393,034
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 529,507
▲ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,113,115 | € 4,087,781 | € 4,667,266 | € 5,034,315 | ▲ 8% |
| Profit after taxes | € 1,298,997 | € 2,035,624 | € 2,431,500 | € 4,908,152 | ▲ 102% |
| Equity | € 18,728,276 | € 20,013,901 | € 21,695,401 | € 25,853,552 | ▲ 19% |
| Total debts | € 22,985,163 | € 25,332,880 | € 35,730,568 | € 34,531,417 | ▼ 3% |
| Cash | € 722,296 | € 2,313,886 | € 1,037,828 | € 2,143,812 | ▲ 107% |
| Retained profit | € 11,727,071 | € 13,012,696 | € 14,694,196 | € 18,852,348 | ▲ 28% |
| Dividend | € 750,000 | € 750,000 | € 750,000 | € 750,000 | |
| Bank debt | € 21,648,140 | € 23,763,675 | € 33,669,899 | € 32,279,000 | ▼ 4% |
| Balance sheet total | € 41,713,439 | € 45,346,780 | € 57,425,969 | € 60,384,970 | ▲ 5% |
| Employees (FTE) | 12.8 | 14.2 | 13.9 | 15.2 | ▲ 1.3 |
Key figures of MONUMENT GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MONUMENT GROUP?
What happened at MONUMENT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Willy VAN NOTEN stepped down as director. NBB
- Bastion BV stepped down as director. NBB
- DPB Services BV stepped down as director. NBB
- Ghislain CLAERBOUT stepped down as director. NBB
- Dirk LEEUWERCK stepped down as director. NBB
- Pieter DE POORTER stepped down as director. NBB
- Gudrun DE POORTER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.9 million (▲ 102% vs 2024). filed late Source: NBB ↗
In short
From € 1.3 million profit in 2022 to € 4.9 million profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.9 million profit.
Paid out € 3 million in dividends to the owners in total.
Management
The stake of BASTION, BOUW BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MONUMENT GROUPThe shares are held by BASTION (60.1%) and BOUW BEHEER (11%). It owns 100% of MONUMENT HAINAUT, 100% of MONUMENT-VANDEKERCKHOVE, 100% of MONUMENT GOEDLEVEN, 100% of MONUMENT REAL ESTATE DEVELOPMENT, 100% of MONUMENT MATERIEEL and 100% of Monument Climate Technics itself.
Directors
According to the 2025 annual accounts
Willy VAN NOTEN
Director
Also active at: MONUMENT HAINAUT, Monument Goedleven, unie van het kmo-bouwbedrijf, ALTRITEMPI, MONUMENT - VANDEKERCKHOVE, PATRIMONIUM RESEARCH & CONSULTING
since 2025 · until 2031
Director · represented by Estelle Vandewalle
since 2025 · until 2031
Director · represented by Barbara DE POORTER
since 2025 · until 2031
Ghislain CLAERBOUT
Director
Also active at: Notre Village, accueil résidentiel et de jour, asbl, TRAVAUX ET PROMOTION DES MONUMENTS - TECHNIEKEN EN PROMOTIE VAN MONUMENTEN, NOTRE VILLAGE SOLUTIONS, TECLADE
since 2025 · until 2031
since 2025 · until 2031
Pieter DE POORTER
Managing director
Owns 20% via BASTION
Also active at: VERHELST IMMO ANTWERPEN, MONUMENT HAINAUT, Société Générale de Cautionnement - Algemene Borgstellingen, Monument Goedleven, Callewaert, CELCIO, BALEGRO, MONUMENT RENOVATION TECHNICS +14 more
since 2025 · until 2031
Gudrun DE POORTER
Director
Owns 20% via BASTION
Also active at: MONUMENT HAINAUT, Monument Goedleven, MONUMENT RENOVATION TECHNICS, MONUMENT STABILITY CONTRACTOR, ALTRITEMPI, Monument Materieel, TRAVAUX ET PROMOTION DES MONUMENTS - TECHNIEKEN EN PROMOTIE VAN MONUMENTEN, MONUMENT - VANDEKERCKHOVE +2 more
since 2025 · until 2031
Shareholders
BASTION · holding of Gudrun DE POORTER
60.1%
11%
Participations
100%
100%
100%
ENTREPRISE GEORGES LANFRY
100%
100%
CEI BARBET
99.6%
98%
15%
Establishments
Establishment units
Physical locations of this company
Oostrozebekestraat 54
8770 Ingelmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →MONUMENT STABILITY CONTRACTOR same network
€ 6 million gross margin · 2025
MONUMENT - VANDEKERCKHOVE same network
€ 119.4 million revenue · 2025
STERN
€ 2,934 gross margin · 2025
DEINS GOED
€ 2,882 gross margin · 2025
MONUMENT REAL ESTATE
€ 135,973 gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.707.334
- VAT number
- BE 0439.707.334
- Registered office
- Oostrozebekestraat 54, 8770 Ingelmunster
- Names & denominations
- MONUMENT GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Portefeuillemaatschappijen
Holdings