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 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MONTANA from Oud-Heverlee, company number BE0446988272, closed financial year 2025 with a result of € -7,688 after tax. For that financial year MONTANA recorded a gross margin of € 34,366 and equity of € 172,251. Compared with financial year 2024, the result moved from € 24,614 to € -7,688. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.
€ 172,251
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,688
▼ still € 24,614 profit in 2024
Profit after tax over the fiscal year.
€ 10,046
▲ € 7,982 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 153,659.
People and assets in 2025
€ 13,261
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 431,570
▲ 23% vs 2024
€ 18,732 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 208
▼ 98% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,752 | € 58,101 | € 70,010 | € 34,366 | ▼ 51% |
| Profit after taxes | € -8,182 | € 18,622 | € 24,614 | € -7,688 | ▼ € 32,302 |
| Equity | € 136,703 | € 155,325 | € 179,939 | € 172,251 | ▼ 4% |
| Total debts | € 763,984 | € 714,374 | € 664,797 | € 706,565 | ▲ 6% |
| Cash | - | € 1,321 | € 2,064 | € 10,046 | ▲ € 7,982 |
| Land & buildings | € 878,036 | € 850,474 | € 822,564 | € 818,095 | ▼ 1% |
| Retained profit | € 118,111 | € 136,733 | € 161,347 | € 153,659 | ▼ 5% |
| Bank debt | € 388,767 | € 368,409 | € 350,096 | € 431,570 | ▲ 23% |
| Balance sheet total | € 900,687 | € 869,700 | € 844,737 | € 878,816 | ▲ 4% |
Key figures of MONTANA, 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 October 2026.
What happened to MONTANA?
What happened at MONTANA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,688 (▼ € 32,302 vs 2024). filed late Source: NBB ↗
- New establishment in Oud-Heverlee. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,183 loss in 2022 to € 7,688 loss in 2025.
Paid € 18,027 in corporate taxes since 2022.
Best year ever: 2024, with € 24,614 profit.
Management
Behind MONTANA are August Bertels, Frank Bertels and Patrick Bertels. Frank Bertels is also behind IMMO 2000.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Meuterweg 7 box 5
3050 Oud-Heverlee
Meuterweg 24 A
3050 Oud-Heverlee
Active since 22 April 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.988.272
- VAT number
- BE 0446.988.272
- Registered office
- Meuterweg 7 bus 5, 3050 Oud-Heverlee
- Names & denominations
- MONTANA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1992
- Peppol
- Active · Active since 7 Oct 2026