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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Monath from Westerlo, company number BE0641697263, closed financial year 2025 with a result of € -106,685 after tax. For that financial year Monath recorded a gross margin of € -55,106 and equity of € -346,012. Compared with financial year 2024, the result moved from € 243,485 to € -106,685. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ -346,012
▼ € 106,685 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -106,685
▼ still € 243,485 profit in 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ € 1.5 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -407,512.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 438,791
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -135,921 | € -211,902 | € 357,097 | € -55,106 | ▼ € 412,203 |
| Profit after taxes | € -359,465 | € -376,057 | € 243,485 | € -106,685 | ▼ € 350,170 |
| Equity | € -106,755 | € -482,812 | € -239,326 | € -346,012 | ▼ € 106,685 |
| Total debts | € 4,211,474 | € 3,814,374 | € 3,874,814 | € 4,238,628 | ▲ 9% |
| Cash | € 235,026 | € 532,259 | € 121,881 | € 1,667,994 | ▲ € 1.5 million |
| Retained profit | € -168,255 | € -544,312 | € -300,826 | € -407,512 | ▼ € 106,685 |
| Bank debt | € 0 | € 3,786,242 | € 3,468,480 | € 0 | ▼ 100% |
| Balance sheet total | € 4,104,720 | € 3,331,562 | € 3,635,488 | € 3,892,617 | ▲ 7% |
Key figures of Monath, 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 Monath?
What happened at Monath in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 106,685 (▼ € 350,170 vs 2024). Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 359,465 loss in 2022 to € 106,685 loss in 2025.
Paid € 54,024 in corporate taxes since 2022.
Best year ever: 2024, with € 243,485 profit.
Management
The stake of WILLY NAESSENS INVEST, Montreal Development, O3 LAND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MonathBehind Monath are Bart Langens, Filip Van Hautegem and Dipar V BV. The shares are held by WILLY NAESSENS INVEST (33.3%), Montreal Development (33.3%) and O3 LAND (33.3%).
Directors
According to the 2025 annual accounts
Bart Langens
Director
Also active at: Lummen_Kunstberg_BZT, Montreal Development, PINOT3, Eandistip, LIER_ANTWERPSESTWG_HR, Montreal Properties, OSLO
Filip Van Hautegem
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +38 more
Director · represented by Dirk Thys
Also active at: LOPAR, THYS BOUWPROJECTEN, O3 SHIFT IMMO, VAN WELLEN-THYS CONSTRUCT, KOEKOEKSHOF, O3 SHIFT MOL, CLT-S, ADIFI +17 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 13
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →LOPAR same network
€ 1.2 million gross margin · 2025
INNOCHEM
€ 34.3 million revenue · 2026
THYS BOUWPROJECTEN same network
€ -296,460 gross margin · 2025
KERTEZA
€ 912,803 gross margin · 2025
GMI group
€ 16.9 million revenue · 2025
+34 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0641.697.263
- VAT number
- BE 0641.697.263
- Registered office
- Nijverheidsstraat 13, 2260 Westerlo
- Names & denominations
- Monath
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2015
- Peppol
- Active · Active since 28 Oct 2025
- Contact
- lasourceby4wings.be
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Ontwikkeling van residentiële bouwprojecten
Diverse administratieve activiteiten ten behoeve van kantoren