Summary
MANCA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €32.71M and a net result of €2.35M. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 30 sector peers (fiscal year 2026). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 06-07-2026, 117 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
117 d early
2025
on the day
2024
3 d early
2023
69 d early
2022
52 d early
2021
111 d early
2020
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, full schema
Equity
€32.71M▲ 7.7%
2025 · €30.35M
2019: €20.78M
2020: €21.94M
2021: €22.59M
2022: €23.07M
2023: €24.14M
2024: €25.65M
2025: €30.35M
2019 → 2026
Net result
€2.35M▼ 50.1%
2025 · €4.71M
2019: €989k
2020: €1.16M
2021: €654k
2022: €477k
2023: €1.07M
2024: €1.51M
2025: €4.71M
2019 → 2026
Total assets
€38.14M▲ 15.5%
2025 · €33.03M
2019: €24.90M
2020: €26.20M
2021: €26.09M
2022: €25.81M
2023: €25.92M
2024: €26.99M
2025: €33.03M
2019 → 2026
Solvency
85.8%▼ 6.1pp
2025 · 91.9%
2019: 83.5%
2020: 83.7%
2021: 86.6%
2022: 89.4%
2023: 93.1%
2024: 95.0%
2025: 91.9%
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€23.07M-€24.14M▲ 4.6%€25.65M▲ 6.2%€30.35M▲ 18.4%€32.71M▲ 7.7%
Operating result€729k-€630k▼ 13.6%€998k▲ 58.6%€857k▼ 14.1%€1.01M▲ 17.3%
Net result€477k-€1.07M▲ 124%€1.51M▲ 40.6%€4.71M▲ 213%€2.35M▼ 50.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 17% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €38.14M
Fixed assets
€34.16M ▲ 53.2%
Current assets
€3.98M ▼ 63.0%
Equity and liabilities €38.14M
Equity
€32.71M ▲ 7.7%
Provisions
€1.60M ▲ 1,256%
Debt
€3.83M ▲ 49.6%
Debt's share of the balance-sheet total rises from 7.8% to 10.0%. Equity and debt are higher.
Key figures and ratios
ROE
7.2%▼
2025 · 15.5%
ROA
6.2%▼
2025 · 14.3%
Debt ≤ 1 year
€227k▼
2025 · €2.49M
Debt > 1 year
€3.50M▲
2025 · €72k
Income taxes
€245k▼
2025 · €667k
Staff costs
€329k▲
2025 · €317k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 60 lines
Balance sheet
Code20252026
Assets
Total assets20/58€33.03M€38.14M▲
Fixed assets21/28€22.29M€34.16M▲
Tangible fixed assets22/27€4.12M€3.91M▼
Land and buildings22€3.99M€3.82M▼
Furniture and vehicles24€130k€91k▼
Assets under construction and advance payments27€0-
Financial fixed assets28€18.17M€30.25M▲
Current assets29/58€10.74M€3.98M▼
Amounts receivable within one year40/41€1.02M€73k▼
Trade receivables40€118k€72k▼
Other amounts receivable41€906k€644▼
Current investments50/53€900k€2.63M▲
Cash at bank and in hand54/58€8.80M€1.26M▼
Deferred charges and accrued income490/1€21k€14k▼
Equity and liabilities
Total equity and liabilities10/49€33.03M€38.14M▲
Equity10/15€30.35M€32.71M▲
Contributions10/11€66k€66k=
Capital10€66k€66k=
Issued capital100€66k€66k=
Reserves13€30.29M€32.64M▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€1.45M€1.41M▼
Distributable reserves133€28.83M€31.22M▲
Provisions and deferred taxes16€118k€1.60M▲
Provisions for liabilities and charges160/5-€1.50M
Other liabilities and charges164/5-€1.50M
Deferred taxes168€118k€104k▼
Amounts payable17/49€2.56M€3.83M▲
Amounts payable after more than one year17€72k€3.50M▲
Financial debts170/4€72k€3.50M▲
Amounts payable within one year42/48€2.49M€227k▼
Current portion of amounts payable after more than one year42€430k€72k▼
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€482k€94k▼
Taxes450/3€417k€36k▼
Remuneration and social security454/9€65k€58k▼
Other amounts payable47/48€1.57M€55k▼
Accrued charges and deferred income492/3€701€103k▲
Income statement
Code20252026
Remuneration, social security and pensions62€317k€329k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€349k€213k▼
Other operating charges640/8€32k€33k▲
Gross operating margin9900€1.55M€1.58M▲
Operating profit (loss)9901€857k€1.01M▲
Financial income75/76B€4.60M€1.66M▼
Recurring financial income75€4.60M€1.66M▼
Financial charges65/66B€91k€82k▼
Recurring financial charges65€91k€82k▼
Profit (loss) for the period before taxes9903€5.36M€2.58M▼
Transfer from deferred taxes780€14k€14k=
Income taxes67/77€667k€245k▼
Profit (loss) for the period9904€4.71M€2.35M▼
Transfer from tax-exempt reserves789€42k€42k=
Transfer to tax-exempt reserves689€632k€0▼
Profit (loss) for the period to be appropriated9905€4.12M€2.39M▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.12M€2.39M▼
Transfer to equity691/2€4.12M€2.39M▼
To other reserves6921€4.12M€2.39M▼
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (23 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 2027, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
31-03
Financial
Liquidity quadruplescurrent ratio 17.54
Current ratio from 4.32 to 17.54; short-term debt falls from €2.49M to €227k.
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €4.71M ▲213%
Net result €4.71M, the highest in the series.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Equity above €25MEq €25.65M ▲6.2%
6 profitable years in a row build equity to €25.65M.
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €477k ▼27%
Net result drops to €477k, the lowest in the series; recovery starts the following year.
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nieuwpoort · 1 establishment unit since 1993
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.
Zeedijk 268620 NieuwpoortGround area
883 m²
Building footprint
1,063 m²
Volume, LiDAR
18,261 m³
Parcel 38402D0015/00B000, Flanders · tallest building 30.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Zeedijk 26, 8620 Nieuwpoort
since 19932.064.222.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0015/00B000 | Flanders | 883 m² | 1 · 1,063 m² | 30.9 m · 5 fl. |
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
THOR PARK
BE 0837.304.196
Genk · Eq €32.70M
V.D. Holding
BE 0867.296.004
Mouscron · Eq €32.69M
Société de Développement et de Participation du Bassin de Charleroi
BE 0427.908.867
Charleroi · Eq €32.74M
FACILICOM SERVICES GROUP BELGIUM
BE 0427.858.090
Antwerpen · Eq €32.66M
CORTEZ NY
BE 0798.807.470
Brussel · Eq €32.79M
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 3,355 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-10-1993
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.