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 47 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MONTARA from Brasschaat, company number BE0442348011, closed financial year 2025 with a result of € 18,899 after tax. For that financial year MONTARA recorded a gross margin of € 21,868 and equity of € 281,541. Compared with financial year 2024, the result moved from € 12,230 to € 18,899. 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 June 16, 2026.
€ 281,541
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,899
▲ 55% vs 2024
Profit after tax over the fiscal year.
€ 26,639
▲ 201% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -120,562.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,645 | € 14,877 | € 18,178 | € 21,868 | ▲ 20% |
| Profit after taxes | € 5,610 | € 305 | € 12,230 | € 18,899 | ▲ 55% |
| Equity | € 250,106 | € 250,411 | € 262,641 | € 281,541 | ▲ 7% |
| Total debts | € 90,548 | € 77,207 | € 60,192 | € 56,991 | ▼ 5% |
| Cash | € 13,188 | € 13,158 | € 8,860 | € 26,639 | ▲ 201% |
| Land & buildings | € 325,341 | - | - | - | |
| Retained profit | € -151,996 | € -151,691 | € -139,461 | € -120,562 | ▲ € 18,899 |
| Balance sheet total | € 340,654 | € 327,618 | € 322,833 | € 338,532 | ▲ 5% |
Key figures of MONTARA, 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 MONTARA?
What happened at MONTARA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,899 (▲ 55% vs 2024). Source: NBB ↗
- Frank Spanjer became a director. NBB
- Vanessa van den Bergh became a director. NBB
- New establishment in Brasschaat. KBO
- Theodoor Neutelings became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,610 profit in 2022 to € 18,899 profit in 2025.
Best year ever: 2025, with € 18,899 profit.
Management
Behind MONTARA are Vanessa van den Bergh, Frank Spanjer and Theodoor Neutelings.
Directors
According to the 2025 annual accounts
Vanessa van den Bergh
Director
since 2013
Frank Spanjer
Director
since 2023
Theodoor Neutelings
Managing director
since 1990
Establishments
Establishment units
Physical locations of this company
Lage Kaart 75
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.348.011
- VAT number
- BE 0442.348.011
- Registered office
- Lage Kaart 75, 2930 Brasschaat
- Names & denominations
- MONTARA
- Enterprise type
- Rechtspersoon
- Legal form
- Naamloze vennootschap van publiek recht
- Legal situation
- Normale toestand
- Start date
- 6 November 1990
- Peppol
- Not registered