MANCOM
ActiveSummary
MANCOM has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.62M and a net result of €391k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410k at 30 days acceptable
Liquidity ample (current ratio 10.47 against 6.0 in 2024; short-term debt: 4% and cash: 21.1% of total assets), and 4.2% of the assets are financed with debt.
Credit check 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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.8%
Return on assets
8.1%
Age of the figures
15 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-01-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
23 d early
2022
32 d early
2021
20 d early
2020
12 d early
2019
32 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.62M▲ 9.2%
2024 · €4.23M
2019: €2.20M
2020: €2.43M
2021: €2.76M
2022: €3.42M
2023: €4.00M
2024: €4.23M
2019 → 2025
Total assets
€4.82M▲ 6.7%
2024 · €4.52M
2019: €3.27M
2020: €3.34M
2021: €3.50M
2022: €4.00M
2023: €4.49M
2024: €4.52M
2019 → 2025
Net result
€391k▲ 70.7%
2024 · €229k
2019: €224k
2020: €223k
2021: €331k
2022: €665k
2023: €577k
2024: €229k
2019 → 2025
Working capital
€1.84M▲ 32.4%
2024 · €1.39M
2019: €259k
2020: €426k
2021: €64k
2022: €648k
2023: €1.21M
2024: €1.39M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.76M-€3.42M▲ 24.1%€4.00M▲ 16.9%€4.23M▲ 5.7%€4.62M▲ 9.2%
Operating result€313k-€485k▲ 55.2%€490k▲ 1.1%€221k▼ 54.9%€329k▲ 49.0%
Net result€331k-€665k▲ 101%€577k▼ 13.3%€229k▼ 60.3%€391k▲ 70.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.82M
Fixed assets
€2.79M ▼ 2.2%
Current assets
€2.03M ▲ 22.0%
Equity and liabilities €4.82M
Equity
€4.62M ▲ 9.2%
Provisions
€8k ▼ 16.0%
Debt
€194k ▼ 30.6%
Debt's share of the balance-sheet total falls from 6.2% to 4.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€392k▲
2024 · €266k
Cash flow
€454k▲
2024 · €274k
Current ratio
10.47▲
2024 · 6.00
Debt to equity
0.04▼
2024 · 0.07
ROE
8.5%▲
2024 · 5.4%
ROA
8.1%▲
2024 · 5.1%
Interest coverage
41.80▲
2024 · 15.66
Debt ≤ 1 year
€194k▼
2024 · €278k
Income taxes
€83k▲
2024 · €55k
Staff costs
€98k▲
2024 · €96k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.52M€4.82M▲
Fixed assets21/28€2.85M€2.79M▼
Tangible fixed assets22/27€1.13M€1.07M▼
Land and buildings22€1.03M€984k▼
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24€94k€75k▼
Financial fixed assets28€1.72M€1.72M=
Current assets29/58€1.67M€2.03M▲
Amounts receivable within one year40/41€13k€4k▼
Trade receivables40€1k€4k▲
Other amounts receivable41€12k-
Current investments50/53€846k€1.01M▲
Cash at bank and in hand54/58€800k€1.02M▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€4.52M€4.82M▲
Equity10/15€4.23M€4.62M▲
Contributions10/11€25k€25k=
Reserves13€4.20M€4.59M▲
Tax-exempt reserves132€914k€1.07M▲
Distributable reserves133€3.29M€3.52M▲
Provisions and deferred taxes16€10k€8k▼
Deferred taxes168€10k€8k▼
Amounts payable17/49€280k€194k▼
Amounts payable within one year42/48€278k€194k▼
Trade debts44€5k€10k▲
Suppliers440/4€5k€10k▲
Taxes, remuneration and social security45€39k€95k▲
Taxes450/3€22k€78k▲
Remuneration and social security454/9€17k€17k▲
Other amounts payable47/48€233k€89k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€96k€98k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€63k▲
Other operating charges640/8€6k€7k▲
Non-recurring operating charges66A-€195
Gross operating margin9900€368k€497k▲
Operating profit (loss)9901€221k€329k▲
Financial income75/76B€78k€152k▲
Recurring financial income75€78k€152k▲
Financial charges65/66B€17k€9k▼
Recurring financial charges65€17k€9k▼
Profit (loss) for the period before taxes9903€282k€472k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€55k€83k▲
Profit (loss) for the period9904€229k€391k▲
Transfer from tax-exempt reserves789€92k€3k▼
Transfer to tax-exempt reserves689€116k€158k▲
Profit (loss) for the period to be appropriated9905€205k€236k▲
Appropriation of the result
Profit (loss) to be appropriated9906€205k€236k▲
Transfer to equity691/2€205k€236k▲
To other reserves6921€205k€236k▲
Social balance
Average headcount (FTE)90871.71.7=
The notes to these accounts (13 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
02-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €665k ▲101%
Net result €665k, the highest in the series.
30-06
Financial
Liquidity doublescurrent ratio 2.28
Current ratio from 1.11 to 2.28; short-term debt falls from €561k to €507k.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €223k ▼0.3%
Net result drops to €223k, the lowest in the series; recovery starts the following year.
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-01
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
2 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, Poperinge · 2 establishment units since 2003
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.
Ieperstraat 2108970 PoperingeGround area
4,529 m²
Building footprint
1,115 m²
Volume, LiDAR
6,874 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MANCOM
since 20032.132.776.711
MANCOM
since 20092.230.179.161
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34018A0163/00L000 | Flanders | 3,678 m² | 1 · 902 m² | 8.2 m · 2 fl. |
| 33312D0679/00M000 | Flanders | 851 m² | 1 · 213 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 11,905 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 formPrivate limited company
Founded23-05-2003
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.