MANUMAR
ActiveSummary
MANUMAR has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €841k and a net result of €490k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 12707 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, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+14
Solvency87▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 1.52 in 2024; short-term debt: 17.2% and cash: 7.4% of total assets), and 38.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
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
61.8%
Return on assets
36%
Age of the figures
15 mo
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 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
39 d early
2023
34 d early
2022
28 d early
2021
42 d early
2020
46 d early
2019
29 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, micro schema
Equity
€841k▲ 101%
2024 · €419k
2019: €198k
2020: €222k
2021: €254k
2022: €295k
2023: €342k
2024: €419k
2019 → 2025
Total assets
€1.36M▲ 34.7%
2024 · €1.01M
2019: €769k
2020: €927k
2021: €941k
2022: €907k
2023: €941k
2024: €1.01M
2019 → 2025
Net result
€490k▲ 251%
2024 · €140k
2019: €29k
2020: €23k
2021: €63k
2022: €71k
2023: €87k
2024: €140k
2019 → 2025
Working capital
€321k▲ 300%
2024 · €80k
2019: €129k
2020: €10k
2021: €-23k
2022: €-27k
2023: €27k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€254k-€295k▲ 15.9%€342k▲ 15.9%€419k▲ 22.5%€841k▲ 101%
Operating result€99k-€112k▲ 13.2%€130k▲ 16.1%€213k▲ 63.3%€730k▲ 243%
Net result€63k-€71k▲ 12.4%€87k▲ 22.9%€140k▲ 60.8%€490k▲ 251%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 243% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€805k ▲ 3.9%
Current assets
€555k ▲ 137%
Equity and liabilities €1.36M
Equity
€841k ▲ 101%
Provisions
€55k ▼ 69.4%
Debt
€465k ▲ 12.7%
Debt's share of the balance-sheet total falls from 40.9% to 34.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€778k▲
2024 · €254k
Cash flow
€538k▲
2024 · €181k
Current ratio
2.37▲
2024 · 1.52
Debt to equity
0.55▼
2024 · 0.99
ROE
58.3%▲
2024 · 33.4%
ROA
36.0%▲
2024 · 13.8%
Interest coverage
111.32▲
2024 · 26.95
Debt ≤ 1 year
€235k▲
2024 · €154k
Debt > 1 year
€230k▼
2024 · €258k
Income taxes
€235k▲
2024 · €66k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.01M€1.36M▲
Fixed assets21/28€775k€805k▲
Tangible fixed assets22/27€775k€805k▲
Land and buildings22€604k€568k▼
Plant, machinery and equipment23€811€1k▲
Other tangible fixed assets26€170k€236k▲
Current assets29/58€235k€555k▲
Amounts receivable within one year40/41€15k€451k▲
Trade receivables40€15k€21k▲
Other amounts receivable41-€430k
Cash at bank and in hand54/58€217k€101k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.36M▲
Equity10/15€419k€841k▲
Contributions10/11€1k€1k=
Reserves13€418k€840k▲
Tax-exempt reserves132€106k€99k▼
Distributable reserves133€312k€741k▲
Provisions and deferred taxes16€179k€55k▼
Provisions for liabilities and charges160/5€122k-
Pensions and similar obligations160€122k-
Deferred taxes168€57k€55k▼
Amounts payable17/49€412k€465k▲
Amounts payable after more than one year17€258k€230k▼
Financial debts170/4€258k€230k▼
Amounts payable within one year42/48€154k€235k▲
Current portion of amounts payable after more than one year42€44k€50k▲
Trade debts44€6k€16k▲
Suppliers440/4€6k€16k▲
Taxes, remuneration and social security45€50k€76k▲
Taxes450/3€44k€70k▲
Remuneration and social security454/9€6k€6k=
Other amounts payable47/48€55k€93k▲
Income statement
Code20242025
Non-recurring operating income76A-€393k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€48k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-122k
Other operating charges640/8€9k€6k▼
Gross operating margin9900€263k€662k▲
Operating profit (loss)9901€213k€730k▲
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€203k€723k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€66k€235k▲
Profit (loss) for the period9904€140k€490k▲
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€146k€497k▲
Appropriation of the result
Profit (loss) to be appropriated9906€146k€497k▲
Transfer from equity791/2€2k€68k▲
Transfer to equity691/2€103k€497k▲
To other reserves6921€103k€497k▲
Profit to be distributed694/7€45k€68k▲
Return on contributions (dividend)694€45k€68k▲
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
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €490k ▲251%
Operating result €730k, net result €490k, both a record.
30-06
Financial
Equity above €500kEq €841k ▲101%
7 profitable years in a row build equity to €841k.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €23k ▼21%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €200kEq €222k ▲11.7%
2 profitable years in a row build equity to €222k.
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
22-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-12
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schilde · 1 establishment unit since 1991
Ground area
2,916 m²
Building footprint
220 m²
Volume, LiDAR
992 m³
Parcel 11039A0273/00M000, Flanders · tallest building 14.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Steynhoefsedreef 20, 2970 Schilde
since 19912.054.595.305
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0273/00M000 | Flanders | 2,916 m² | 1 · 220 m² | 14.2 m · 1 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 2,762 companies in sector 69109 we hold annual accounts for 1,208. 621 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
Founded08-10-1991
Fiscal year end30-06
Activities, NACEBEL 2025
69109Other legal services
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.