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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MONTINVEST from Tienen, company number BE0725598008, closed financial year 2025 with a result of € -5,781 after tax. For that financial year MONTINVEST recorded a gross margin of € 314,245 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 83,771 to € -5,781. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.
€ 1.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,781
▼ still € 83,771 profit in 2024
Profit after tax over the fiscal year.
€ 117,998
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 781,220.
Debts at end 2025
€ 1.3 million
▲ 22% vs 2024
€ 190,515 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 41,073
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,271
▼ 35% 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 | € 272,654 | € 321,399 | € 317,326 | € 314,245 | ▼ 1% |
| Profit after taxes | € 67,742 | € 93,050 | € 83,771 | € -5,781 | ▼ € 89,552 |
| Equity | € 1,057,016 | € 1,150,066 | € 1,233,837 | € 1,228,056 | |
| Total debts | € 1,869,004 | € 1,614,031 | € 1,838,298 | € 2,236,126 | ▲ 22% |
| Cash | € 75,764 | € 69,496 | € 159,621 | € 117,998 | ▼ 26% |
| Land & buildings | € 2,529,640 | € 2,387,386 | € 2,604,855 | € 3,001,449 | ▲ 15% |
| Retained profit | € 610,179 | € 703,229 | € 787,000 | € 781,220 | ▼ 1% |
| Bank debt | € 1,232,667 | € 1,342,542 | € 1,098,042 | € 1,342,480 | ▲ 22% |
| Balance sheet total | € 2,926,020 | € 2,764,097 | € 3,072,135 | € 3,464,182 | ▲ 13% |
Key figures of MONTINVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MONTINVEST?
What happened at MONTINVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,781 (▼ € 89,552 vs 2024). Source: NBB ↗
- New establishment in Tienen. KBO
- Alex Kestens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 67,742 profit in 2022 to € 5,781 loss in 2025.
Paid € 84,694 in corporate taxes since 2022.
Best year ever: 2023, with € 93,050 profit.
Management
Behind MONTINVEST is Alex Kestens. Alex Kestens is also behind KESTENS MONTAGE.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Industriepark 39
3300 Tienen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0725.598.008
- VAT number
- BE 0725.598.008
- Registered office
- Industriepark 39, 3300 Tienen
- Names & denominations
- MONTINVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2019
- Peppol
- Active · Active since 14 Aug 2025
- Activities · NACE
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