MAN-DAYS
ActiveMAN-DAYS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-15k. Equity is shrinking by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 7017 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency84▲+5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 2.51 in 2024; short-term debt: 26.6% and cash: 60.3% of total assets), and 40.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.2%
Return on assets
-20.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
41 d early
2023
47 d early
2022
40 d early
2021
27 d early
2020
23 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 25.5%
2024 · €61k
2018: €122k
2019: €117k
2020: €116k
2021: €52k
2022: €56k
2023: €31k
2024: €61k
2018 → 2025
Total assets
€76k▼ 31.6%
2024 · €112k
2018: €135k
2019: €122k
2020: €123k
2021: €138k
2022: €70k
2023: €86k
2024: €112k
2018 → 2025
Net result
€-15k
2024 · €30k
2018: €-6k
2019: €-5k
2020: €-906
2021: €7k
2022: €4k
2023: €-26k
2024: €30k
2018 → 2025
Working capital
€31k▼ 32.5%
2024 · €46k
2018: €101k
2019: €105k
2020: €111k
2021: €50k
2022: €53k
2023: €13k
2024: €46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€56k▲ 7.8%€31k▼ 45.4%€61k▲ 97.0%€45k▼ 25.5%
Operating result€11k-€7k▼ 37.2%€-24k€38k€-14k
Net result€7k-€4k▼ 44.4%€-26k€30k€-15k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €38k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€25k▼ 29.3%
Current assets
€51k▼ 32.7%
Equity and liabilities €76k
Equity
€45k▼ 25.5%
Debt
€31k▼ 38.9%
The debt ratio falls from 45.6% to 40.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▼
2024 · €50k
Cash flow
€-2k▼
2024 · €43k
Solvency
59.2%▲
2024 · 54.4%
Current ratio
2.52▲
2024 · 2.51
Quick ratio
2.52▲
2024 · 2.51
Debt / equity
0.69▼
2024 · 0.84
ROE
-34.2%▼
2024 · 49.2%
ROA
-20.3%▼
2024 · 26.8%
Interest coverage
-0.92▼
2024 · 43.36
Debt
€31k▼
2024 · €51k
Debt ≤ 1 year
€20k▼
2024 · €30k
Debt > 1 year
€11k▼
2024 · €20k
Income taxes
€157▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€112k€76k▼
Fixed assets21/28€35k€25k▼
Tangible fixed assets22/27€35k€25k▼
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€32k€22k▼
Current assets29/58€76k€51k▼
Amounts receivable within one year40/41€6k-
Trade receivables40€6k-
Cash at bank and in hand54/58€68k€46k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€112k€76k▼
Equity10/15€61k€45k▼
Contributions10/11€6k€6k=
Reserves13€46k€46k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€9k€-7k▼
Amounts payable17/49€51k€31k▼
Amounts payable after more than one year17€20k€11k▼
Financial debts170/4€20k€11k▼
Amounts payable within one year42/48€30k€20k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€679€677▼
Suppliers440/4€679€677▼
Taxes, remuneration and social security45€15k€8k▼
Taxes450/3€15k€8k▼
Other amounts payable47/48€6k€2k▼
Accrued charges and deferred income492/3€146-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8-€574
Gross operating margin9900€50k€-451▼
Operating profit (loss)9901€38k€-14k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€36k€-15k▼
Income taxes67/77€7k€157▼
Profit (loss) for the period9904€30k€-15k▼
Profit (loss) for the period to be appropriated9905€30k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€-7k▼
Profit (loss) brought forward from the previous period14P€9k€9k=
Transfer to equity691/2€30k-
To other reserves6921€30k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-26k ▼728%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 4.78
Current ratio from 1.58 to 4.78; short-term debt falls from €86k to €14k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 21.15
Current ratio from 8.33 to 21.15; short-term debt falls from €14k to €5k.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Kapelle-op-den-Bos · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vroonbaan 671880 Kapelle-op-den-BosGround area
626 m²
Building footprint
129 m²
Parcel 23056B0270/00V000, Flanders. Linked by address, not a title deed.
1 establishment unit
Man-Days
since 20062.153.306.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23056B0270/00V000 | Flanders | 626 m² | 1 · 129 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ADEAWINGS
BE 0769.984.515
Jette · Eq €45k
KETTE
BE 0712.871.212
Halle · Eq €45k
MARCON BENELUX
BE 0474.863.005
Hoogstraten · Eq €45k
Skoondesign
BE 0780.407.164
Brasschaat · Eq €45k
Markand
BE 0744.887.051
Geraardsbergen · Eq €45k
Of 9,863 companies in sector 73110 we hold annual accounts for 3,754. 2,991 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2006
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.