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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MonaVisa from Roeselare, company number BE0867710431, closed financial year 2025 with a result of € 228,121 after tax. For that financial year MonaVisa recorded a gross margin of € 2 million and equity of € 261,865. Compared with financial year 2024, the result moved from € -2,150 to € 228,121. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 261,865
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 228,121
▲ still € 2,150 loss in 2024
Profit after tax over the fiscal year.
€ 400,250
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 195,000 paid out
85 % of the profit went to the shareholders, mostly to DaLinci (100 % of the shares). That is where the money ends up.
People and assets in 2025
17.7
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 7% vs 2024
€ 88,500 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.
€ 133,056
▼ 10% vs 2024
Of which on lease € 20,965.
Debts at end 2025
€ 1.4 million
▼ 23% vs 2024
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 265,553
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 134,047
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,586,275 | € 1,900,762 | € 1,852,738 | € 1,970,013 | ▲ 6% |
| Profit after taxes | € 21,677 | € 111,230 | € -2,150 | € 228,121 | ▲ € 230,271 |
| Equity | € 224,664 | € 230,894 | € 228,744 | € 261,865 | ▲ 14% |
| Total debts | € 1,560,073 | € 1,821,144 | € 2,458,894 | € 2,558,140 | ▲ 4% |
| Cash | € 147,175 | € 262,960 | € 923,673 | € 400,250 | ▼ 57% |
| Land & buildings | € 525,431 | € 479,341 | € 433,251 | € 146,024 | ▼ 66% |
| Retained profit | € 206,064 | € 212,294 | € 210,144 | € 243,265 | ▲ 16% |
| Dividend | € 0 | € 105,000 | € 0 | € 195,000 | |
| Bank debt | € 921,756 | € 1,005,545 | € 1,835,209 | € 1,410,991 | ▼ 23% |
| Balance sheet total | € 1,784,737 | € 2,052,038 | € 2,687,638 | € 2,820,005 | ▲ 5% |
| Employees (FTE) | 20 | 21.3 | 21.3 | 17.7 | ▼ 3.6 |
Key figures of MonaVisa, 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 MonaVisa?
What happened at MonaVisa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 228,121. Source: NBB ↗
- Hendrik De Nolf became a director. NBB
- Coralie Claeys became a director. NBB
- ALAUDA NV became a director. NBB
- DaLinci BV became a director. NBB
- New establishment in Roeselare. KBO
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,677 profit in 2022 to € 228,121 profit in 2025.
Paid € 37,040 in corporate taxes since 2022.
Best year ever: 2025, with € 228,121 profit.
On average € 111,300 of value added per employee in 2025.
Management
The stake of DaLinci comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MonaVisaBehind MonaVisa are Hendrik De Nolf, DaLinci BV, Coralie Claeys and ALAUDA NV. The shares are held by DaLinci (100%).
Directors
According to the 2025 annual accounts
Hendrik De Nolf
Director
Also active at: MEDIAFIN, Studio Aperi Negotium, Roularta Media Group, BELGIAN BUSINESS TELEVISION, Koinon, Musical Rainbows, DaLinci, THE BELGIAN CHOCOLATE EXPERIENCE +1 more
since 2021
Director · represented by Riet Brauwer
since 2021
Coralie Claeys
Director
Also active at: Verana, Roularta Media Group, VINCENT SHEPPARD, OREA, DaLinci, AtelierN5N6
since 2021
Managing director · represented by Francis De Nolf
Also active at: Roularta Media Group, DaLinci, Hostellerie Kemmelberg, Immo Kemmelberg
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hof ter Weze 6-8
8800 Roeselare
Oostnieuwkerksesteenweg 3
8800 Roeselare
Active since 16 November 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0867.710.431
- VAT number
- BE 0867.710.431
- Registered office
- Hof ter Weze 6-8, 8800 Roeselare
- Names & denominations
- MonaVisa
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2004
- Peppol
- Active · Active since 17 Feb 2025
- Contact
- monavisa.be
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige groothandel
Overige gespecialiseerde bouwwerkzaamheden
Handelsbemiddeling in de groothandel in andere specifieke goederen
Schrijnwerk
Niet-gespecialiseerde groothandel
Plaatsen van vloerbedekking en wandbekleding van hout
+4