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 20 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MONKEYPROOF from Zele, company number BE0890284608, closed financial year 2023 with a result of € -170,651 after tax. For that financial year MONKEYPROOF recorded a gross margin of € 1.3 million and equity of € 103,378. Compared with financial year 2022, the result moved from € 1,331 to € -170,651. The company made a loss. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 18, 2024.
€ 103,378
▼ 62% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -170,651
▼ still € 1,331 profit in 2022
Profit after tax over the fiscal year.
€ 113,483
▲ € 103,058 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -191,929.
People and assets in 2023
18
▲ 2.7 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 18% vs 2022
€ 62,000 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.
€ 4,390
▼ 54% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 587,075
▲ 16% vs 2022
€ 118,350 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 476,108
▲ 37% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 628,256
▲ 16% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 1,043,865 | € 1,185,121 | € 1,300,848 | ▲ 10% |
| Profit after taxes | € -68,094 | € 1,331 | € -170,651 | ▼ € 171,982 |
| Equity | € 272,698 | € 274,029 | € 103,378 | ▼ 62% |
| Total debts | € 1,409,517 | € 1,450,265 | € 1,695,201 | ▲ 17% |
| Cash | € 271,456 | € 10,426 | € 113,483 | ▲ € 103,058 |
| Retained profit | € -22,609 | € -21,278 | € -191,929 | ▼ € 170,651 |
| Bank debt | € 654,297 | € 506,607 | € 587,075 | ▲ 16% |
| Balance sheet total | € 1,682,214 | € 1,724,294 | € 1,798,579 | ▲ 4% |
| Employees (FTE) | 17.9 | 15.3 | 18 | ▲ 2.7 |
Key figures of MONKEYPROOF, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to MONKEYPROOF?
What happened at MONKEYPROOF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MONKEYPROOF is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 170,651 (▼ € 171,982 vs 2022). Source: NBB ↗
- The Monkeys became a director. NBB
- Buro Imagin became a director. NBB
- Marc Cauwerberghs became a director. NBB
- New establishment in Zele. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,094 loss in 2021 to € 170,651 loss in 2023.
Paid € 34,500 in corporate taxes since 2021.
Best year ever: 2022, with € 1,331 profit.
On average € 72,300 of value added per employee in 2023.
Management
The stake of ADWISE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MONKEYPROOFBehind MONKEYPROOF are Marc Cauwerberghs, The Monkeys and Buro Imagin. The shares are held by ADWISE (19%). It owns 100% of This is not an agency itself.
Directors
According to the 2023 annual accounts
Marc Cauwerberghs
Director
since 2021
Director · represented by Vereecken BJÖRN
since 2023
since 2023
Shareholders
19%
Participations
Establishments
Establishment units
Physical locations of this company
Nachtegaalstraat 6 box W04
9240 Zele
Nachtegaalstraat 6 box w4
9240 Zele
Active since 1 January 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0890.284.608
- VAT number
- BE 0890.284.608
- Registered office
- Nachtegaalstraat 6 bus W04, 9240 Zele
- Names & denominations
- MONKEYPROOF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 22 June 2007
- Peppol
- Not registered
- Activities · NACE
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