Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 42.6 to 36.3.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
MONASHEE from Merchtem, company number BE0836421892, closed financial year 2026 with a result of € 409,892 after tax. For that financial year MONASHEE recorded a gross margin of € 2.1 million and equity of € 1.1 million. Compared with financial year 2025, the result moved from € -506,268 to € 409,892. 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 17, 2026.
€ 1.1 million
▲ 59% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 409,892
▲ still € 506,268 loss in 2025
Profit after tax over the fiscal year.
€ 175,437
▲ 71% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -898,184.
People and assets in 2026
36.3
▼ 0.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 32% vs 2025
€ 41,800 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.
€ 13,575
▼ 42% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 616,334
▲ € 504,530 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 606,443
▼ 10% vs 2025
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 14,468,320 | € 15,191,661 | - | - | |
| Gross margin | - | - | € 1,997,505 | € 2,142,343 | ▲ 7% |
| Profit after taxes | € -33,895 | € -496,731 | € -506,268 | € 409,892 | ▲ € 916,160 |
| Equity | € -298,877 | € -795,608 | € 698,124 | € 1,108,016 | ▲ 59% |
| Total debts | € 3,366,488 | € 3,819,737 | € 1,661,006 | € 1,231,295 | ▼ 26% |
| Cash | € 268,334 | € 89,780 | € 102,570 | € 175,437 | ▲ 71% |
| Retained profit | € -305,077 | € -801,808 | € -1,308,076 | € -898,184 | ▲ € 409,892 |
| Bank debt | € 29,166 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 3,067,611 | € 3,024,129 | € 2,359,130 | € 2,339,311 | ▼ 1% |
| Employees (FTE) | 40.1 | 42.6 | 36.4 | 36.3 | ▼ 0.1 |
By gross margin, MONASHEE ranks 9th of 15 companies with main activity “Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)” in Merchtem that publish figures (fiscal year 2026).
Key figures of MONASHEE, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
Ask about MONASHEE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to MONASHEE?
What happened at MONASHEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jo WILLEMYNS stepped down as director. NBB
- Kris CASTELEIN stepped down as director. NBB
- Stefan GOETHAERT stepped down as director. NBB
- Stefaan VANDAMME stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 409,892. Source: NBB ↗
- Jo WILLEMYNS became a director. NBB
- Stefan GOETHAERT became a director. NBB
- New establishment in Bree. KBO
In short
From € 33,895 loss in 2022 to € 409,892 profit in 2026.
Paid € 10,280 in corporate taxes since 2022.
Best year ever: 2026, with € 409,892 profit.
On average € 59,000 of value added per employee in 2026.
Management
The stake of THE FASHION SOCIETY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MONASHEEThe shares are held by THE FASHION SOCIETY (100%).
Directors
According to the 2026 annual accounts
Jo WILLEMYNS
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +44 more
since 2023 · until 2027
Kris CASTELEIN
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +42 more
since 2020 · until 2027
Stefan GOETHAERT
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +46 more
since 2023 · until 2027
Stefaan VANDAMME
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +42 more
since 2020 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 185
1785 Merchtem
Schampbergstraat 22
3511 Hasselt
Active since 1 August 2011
Hasseltweg 110
3600 Genk
Active since 20 May 2011
Luikersteenweg W7
3700 Tongeren
Active since 30 April 2012
Sint Lambertuslaan 11
3740 Bilzen-Hoeselt
Active since 30 August 2013
Kwadensteenweg 2
3800 Sint-Truiden
Active since 6 February 2015
Bedrijfsweg 12
3620 Lanaken
Active since 27 March 2015
Sportlaan 42
3960 Bree
Active since 22 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →CAVRILO same network
€ 2.4 million gross margin · 2026
SAVERMO same network
€ 2.5 million gross margin · 2026
BELLACOOLA same network
€ 2.4 million gross margin · 2026
Nationale4 same network
€ 1.6 million gross margin · 2026
ANTWERP FASHION OUTLET same network
€ 2.3 million gross margin · 2026
+13 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Merchtem
Same main activity (Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)), 14 active companies in Merchtem, largest first.
€ 2.5 million gross margin · 2026
€ 2.4 million gross margin · 2026
€ 2.4 million gross margin · 2026
€ 2.3 million gross margin · 2026
€ 2.3 million gross margin · 2026
€ 2.3 million gross margin · 2026
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MOSA(oprichter) 100%
- WAMO(oprichter) 0%
Details
- Company number
- 0836.421.892
- VAT number
- BE 0836.421.892
- Registered office
- Brusselsesteenweg 185, 1785 Merchtem
- Names & denominations
- MONASHEE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 2011
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)