MANCO
ActiveMANCO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-182k) and a net result of €-52k. Equity is shrinking by ~56.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7=
Solvency0▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.0 in 2024; short-term debt: 109.1% and cash: 1.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
-33.6%
Return on assets
-9.5%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-182k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
119 d early
2023
7 d late
2022
5 d early
2021
5 d early
2020
36 d early
2019
7 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-182k▼ 39.7%
2024 · €-131k
2018: €132k
2019: €78k
2020: €44k
2021: €21k
2022: €-16k
2023: €-77k
2024: €-131k
2018 → 2025
Total assets
€544k▼ 4.2%
2024 · €568k
2018: €1.04M
2019: €953k
2020: €874k
2021: €803k
2022: €724k
2023: €621k
2024: €568k
2018 → 2025
Net result
€-52k▲ 2.9%
2024 · €-53k
2018: €-54k
2019: €-54k
2020: €-34k
2021: €-23k
2022: €-37k
2023: €-61k
2024: €-53k
2018 → 2025
Working capital
€-583k▼ 14.7%
2024 · €-508k
2018: €-157k
2019: €-228k
2020: €-272k
2021: €-305k
2022: €-356k
2023: €-434k
2024: €-508k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€-16k€-77k▼ 388%€-131k▼ 69.3%€-182k▼ 39.7%
Operating result€-2k-€-18k▼ 731%€-45k▼ 146%€-40k▲ 12.3%€-42k▼ 4.5%
Net result€-23k-€-37k▼ 61.2%€-61k▼ 66.1%€-53k▲ 12.9%€-52k▲ 2.9%
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 stays negative: a loss of €42k in 2025 against €40k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €544k
Fixed assets
€533k▼ 6.0%
Current assets
€11k▲ 1,397%
Key figures and ratios
EBITDA
€-8k▼
2024 · €-6k
Cash flow
€-18k▲
2024 · €-20k
Solvency
-33.6%▼
2024 · -23.0%
Current ratio
0.02▲
2024 · 0.00
Quick ratio
0.02▲
2024 · 0.00
Debt / equity
-3.98▲
2024 · -5.35
ROA
-9.5%▼
2024 · -9.4%
Interest coverage
-0.77▼
2024 · -0.46
Debt
€726k▲
2024 · €698k
Debt ≤ 1 year
€593k▲
2024 · €509k
Debt > 1 year
€133k▼
2024 · €189k
Income taxes
€0
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€568k€544k▼
Fixed assets21/28€567k€533k▼
Tangible fixed assets22/27€567k€533k▼
Land and buildings22€566k€533k▼
Plant, machinery and equipment23€521€303▼
Current assets29/58€703€11k▲
Amounts receivable within one year40/41€327€364▲
Other amounts receivable41€327€364▲
Cash at bank and in hand54/58€376€10k▲
Equity and liabilities
Total equity and liabilities10/49€568k€544k▼
Equity10/15€-131k€-182k▼
Contributions10/11€6k€6k=
Reserves13€53k€51k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€-190k€-240k▼
Amounts payable17/49€698k€726k▲
Amounts payable after more than one year17€189k€133k▼
Financial debts170/4€189k€133k▼
Amounts payable within one year42/48€509k€593k▲
Current portion of amounts payable after more than one year42€54k€61k▲
Trade debts44€0€412▲
Suppliers440/4€0€412▲
Other amounts payable47/48€455k€532k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€-4k€-4k▼
Operating profit (loss)9901€-40k€-42k▼
Financial income75/76B€50€1▼
Recurring financial income75€50€1▼
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€-53k€-52k▲
Income taxes67/77-€0
Profit (loss) for the period9904€-53k€-52k▲
Profit (loss) for the period to be appropriated9905€-53k€-52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-190k€-241k▼
Profit (loss) brought forward from the previous period14P€-136k€-190k▼
Transfer from equity791/2-€2k
The notes to these accounts (7 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
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
3 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, Lier · 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.
Kromme Ham 8D2500 LierGround area
2,190 m²
Building footprint
186 m²
Volume, LiDAR
1,064 m³
Parcel 12392B0210/00C000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MANCO
since 20062.156.511.027
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392B0210/00C000 | Flanders | 2,190 m² | 1 · 186 m² | 7.7 m · 2 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.
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 31,143 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.