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1MANIAC

Active
Private limited companyfounded 201115 yrs activeScheldestraat (P.) 5, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0836.325.189
Summary

1MANIAC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €632,602 and a net result of -€315,192. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 8281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711NACE 45111
#6 company by total assets in Wortegem-Petegem, Wholesale and retail trade sector1 site
How big
€4.9mtotal assets 2025
Equity
€632,602
Loss
-€315,192
Turnover not published (abridged schema)
Financially healthy?
57 Fair Checked score 2025
Bankruptcy chance 12 m
0.6%
Who decides
Parent
GR8er company · 99%
Accounts 31 d early0 of 5 deeds read
Why 57- Higher-failure-rate sector- Persistent losses- Weak solvency vs sector+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability11=
Solvency38▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 5.22 against 77.8 in 2024; short-term debt: 19% of total assets), but 87.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€315,192
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8281 sector peers (2025).
NBB · sector comparison
Position among 8281 sector peers
Solvency
better than 20%
← weakest strongest →
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 filings
Deviation from the deadline
2025
31 d early
2024
14 d early
2023
27 d early
2022
60 d early
2021
80 d early
2020
80 d early
2019
85 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€315,192
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Financials

Fiscal year 2025Total assets €4.9mLoss -€315,192Solvency 12.9%Liquidity 5.22
Total assets
€4.9m▲ 27.4%
2018 - 2025
Net result
-€315,192▼ 33.6%
2018 - 2025
Equity
€632,602▼ 33.3%
2018 - 2025
Solvency
12.9%▼ 11.7pp
2018 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years8 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€0.05m€1.4m▲ 2,647%€0.2m▼ 87.9%-€0.2m-€0.2m▼ 7.7%
Net result€0.05mwithin the sector's middle half€1.1mabove the sector's middle half▲ 2,248%€0.08mwithin the sector's middle half▼ 92.8%-€0.2mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 33.6%
Equity-€0.04mbelow the sector's middle half▲ 54.9%€1.1mwithin the sector's middle half€1.2mabove the sector's middle half▲ 7.4%€0.9mwithin the sector's middle half▼ 19.9%€0.6mwithin the sector's middle half▼ 33.3%
Total assets€2.5mwithin the sector's middle half▲ 17.6%€4.4mabove the sector's middle half▲ 76.6%€3.9mabove the sector's middle half▼ 11.9%€3.9mabove the sector's middle half▼ 0.7%€4.9mabove the sector's middle half▲ 27.4%
Debt€2.5m▲ 14.7%€3.3m▲ 30.3%€2.7m▼ 18.4%€2.9m▲ 7.8%€4.3m▲ 47.1%
Working capital-€0.4mbelow the sector's middle half▲ 32.9%€2.4mabove the sector's middle half€3.8mabove the sector's middle half▲ 55.0%€3.7mabove the sector's middle half▼ 0.3%€3.9mabove the sector's middle half▲ 5.3%
Solvency-1.6%below the sector's middle half▲ 2.6pp25.0%within the sector's middle half▲ 26.6pp30.5%within the sector's middle half▲ 5.5pp24.6%within the sector's middle half▼ 5.9pp12.9%below the sector's middle half▼ 11.7pp
Current ratio0.85below the sector's middle half▲ 0.102.24within the sector's middle half▲ 1.4071.65above the sector's middle half▲ 69.4177.80above the sector's middle half▲ 6.145.22above the sector's middle half▼ 72.58
Return on assets (ROA)2.0%within the sector's middle half▲ 9.8pp25.9%above the sector's middle half▲ 24.0pp2.1%within the sector's middle half▼ 23.8pp-6.1%below the sector's middle half▼ 8.2pp-6.4%below the sector's middle half▼ 0.3pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5mOperating result 2021: €52,654€52,654Net result 2021: €48,640€48,640Operating result 2022: €1.4m€1.4mNet result 2022: €1.1m€1.1mOperating result 2023: €174,349€174,349Net result 2023: €81,827€81,827Operating result 2024: -€170,486-€170,486Net result 2024: -€235,933-€235,933Operating result 2025: -€183,547-€183,547Net result 2025: -€315,192-€315,19220212022202320242025-€400,000-€200,000€0€200,000Operating result 2023: €174,349€174,000Net result 2023: €81,827€81,800Operating result 2024: -€170,486-€170,000Net result 2024: -€235,933-€236,000Operating result 2025: -€183,547-€184,000Net result 2025: -€315,192-€315,000202320242025
The operating result stays negative: a loss of €183,547 in 2025 against €170,486 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.9m
Fixed assets €37,062 ▼ 43.9%
Current assets €4.9m ▲ 28.6%
Equity and liabilities €4.9m
Equity €632,602 ▼ 33.3%
Debt €4.3m ▲ 47.1%
Debt's share of the balance-sheet total rises from 75.4% to 87.1%. Equity is lower and debt is higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
-€169,014▼
2024 · -€156,717
Cash flow
-€300,659▼
2024 · -€222,164
Quick ratio
0.18▼
2024 · 0.44
Debt to equity
6.76▲
2024 · 3.07
ROE
-49.8%▼
2024 · -24.9%
Interest coverage
-1.36▲
2024 · -2.39
Debt ≤ 1 year
€932,915▲
2024 · €48,679
Debt > 1 year
€3.3m▲
2024 · €2.9m
Income taxes
€7,498
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,423 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss
1.0% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,423 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.9m€4.9m▲
Fixed assets21/28€0.07m€0.04m▼
Tangible fixed assets22/27€0.07m€0.04m▼
Plant, machinery and equipment23€0.03m€0.01m▼
Other tangible fixed assets26€0.04m€0.03m▼
Current assets29/58€3.8m€4.9m▲
Stocks and contracts in progress3€3.8m€4.7m▲
Stocks30/36€3.8m€4.7m▲
Amounts receivable within one year40/41€0.009m€0.004m▼
Trade receivables40€201€0.003m▲
Other amounts receivable41€0.009m€0.001m▼
Deferred charges and accrued income490/1€0.01m€0.2m▲
Equity and liabilities
Total equity and liabilities10/49€3.9m€4.9m▲
Equity10/15€0.9m€0.6m▼
Contributions10/11€0.5m€0.5m=
Reserves13€0.4m€0.1m▼
Distributable reserves133€0.4m€0.1m▼
Amounts payable17/49€2.9m€4.3m▲
Amounts payable after more than one year17€2.9m€3.3m▲
Financial debts170/4€2.9m€3.3m▲
Amounts payable within one year42/48€0.05m€0.9m▲
Financial debts43€0.04m€0.02m▼
Credit institutions430/8€0.04m€0.02m▼
Trade debts44€0.008m€0.4m▲
Suppliers440/4€0.008m€0.4m▲
Advances received on contracts in progress46-€0.5m
Taxes, remuneration and social security45-€0.004m
Taxes450/3-€0.004m
Other amounts payable47/48€0.001m-
Income statement Code20242025
Non-recurring operating income76A-€0.01m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.01m▲
Other operating charges640/8€141€0.006m▲
Non-recurring operating charges66A-€0.001m
Gross operating margin9900-€0.2m-€0.2m▼
Operating profit (loss)9901-€0.2m-€0.2m▼
Financial income75/76B-€68
Recurring financial income75-€68
Financial charges65/66B€0.07m€0.1m▲
Recurring financial charges65€0.07m€0.1m▲
Profit (loss) for the period before taxes9903-€0.2m-€0.3m▼
Income taxes67/77-€0.007m
Profit (loss) for the period9904-€0.2m-€0.3m▼
Profit (loss) for the period to be appropriated9905-€0.2m-€0.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m-€0.3m▼
Transfer from equity791/2€0.2m€0.3m▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€0.03m--€0.01m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.009m€0.01m€0.01m€0.01m▲ 5.6%
Other operating charges640/8€301€122€204€141€0.006m▲ 3,943%
Non-recurring operating charges66A--€0.004m-€0.001m-
Gross operating margin9900€0.1m€1.5m€0.2m-€0.2m-€0.2m▼ 4.0%
Operating profit (loss)9901€0.05m€1.4m€0.2m-€0.2m-€0.2m▼ 7.7%
Financial income75/76B€0.001m-€7-€68-
Recurring financial income75€0.001m-€7-€68-
Financial charges65/66B€0.005m€0.06m€0.05m€0.07m€0.1m▲ 89.8%
Recurring financial charges65€0.005m€0.06m€0.05m€0.07m€0.1m▲ 89.8%
Profit (loss) for the period before taxes9903€0.05m€1.4m€0.1m-€0.2m-€0.3m▼ 30.4%
Income taxes67/77-€0.2m€0.04m-€0.007m-
Profit (loss) for the period9904€0.05m€1.1m€0.08m-€0.2m-€0.3m▼ 33.6%
Profit (loss) for the period to be appropriated9905€0.05m€1.1m€0.08m-€0.2m-€0.3m▼ 33.6%
Line20212022202320242025Change
Assets
Total assets20/58€2.5m€4.4m€3.9m€3.9m€4.9m▲ 27.4%
Fixed assets21/28€0.4m€0.04m€0.07m€0.07m€0.04m▼ 43.9%
Tangible fixed assets22/27€0.4m€0.04m€0.07m€0.07m€0.04m▼ 43.9%
Plant, machinery and equipment23€0.001m€0.004m€0.03m€0.03m€0.01m▼ 64.8%
Furniture and vehicles24€0.4m-----
Other tangible fixed assets26€0.04m€0.03m€0.05m€0.04m€0.03m▼ 26.3%
Current assets29/58€2.1m€4.4m€3.8m€3.8m€4.9m▲ 28.6%
Stocks and contracts in progress3€2.0m€4.0m€3.7m€3.8m€4.7m▲ 25.0%
Stocks30/36€2.0m€4.0m€3.7m€3.8m€4.7m▲ 25.0%
Amounts receivable within one year40/41€0.08m€0.06m€0.03m€0.009m€0.004m▼ 57.3%
Trade receivables40€0.06m€0.007m€0.006m€201€0.003m▲ 1,150%
Other amounts receivable41€0.02m€0.06m€0.02m€0.009m€0.001m▼ 84.7%
Cash at bank and in hand54/58€0.006m€0.3m€0.04m---
Deferred charges and accrued income490/1€0.03m€0.004m€0.006m€0.01m€0.2m▲ 1,202%
Equity and liabilities
Total equity and liabilities10/49€2.5m€4.4m€3.9m€3.9m€4.9m▲ 27.4%
Equity10/15-€0.04m€1.1m€1.2m€0.9m€0.6m▼ 33.3%
Contributions10/11€0.5m€0.5m€0.5m€0.5m€0.5m=
Reserves13-€0.6m€0.7m€0.4m€0.1m▼ 70.4%
Distributable reserves133-€0.6m€0.7m€0.4m€0.1m▼ 70.4%
Profit (loss) carried forward14-€0.5m-----
Amounts payable17/49€2.5m€3.3m€2.7m€2.9m€4.3m▲ 47.1%
Amounts payable after more than one year17-€1.4m€2.6m€2.9m€3.3m▲ 17.0%
Financial debts170/4-€1.4m€2.6m€2.9m€3.3m▲ 17.0%
Amounts payable within one year42/48€2.5m€1.9m€0.05m€0.05m€0.9m▲ 1,816%
Financial debts43---€0.04m€0.02m▼ 55.0%
Credit institutions430/8---€0.04m€0.02m▼ 55.0%
Trade debts44€0.09m€1.6m€0.008m€0.008m€0.4m▲ 4,897%
Suppliers440/4€0.09m€1.6m€0.008m€0.008m€0.4m▲ 4,897%
Advances received on contracts in progress46-€0.3m--€0.5m-
Taxes, remuneration and social security45--€0.04m-€0.004m-
Taxes450/3--€0.04m-€0.004m-
Other amounts payable47/48€2.4m€0.001m€0.001m€0.001m--
Accrued charges and deferred income492/3€0.05m-----
Line20212022202320242025Change
Profit (loss) for the period9904€0.05m€1.1m€0.08m-€0.2m-€0.3m▼ 33.6%
+ Depreciation and write-downs630€0.09m€0.009m€0.01m€0.01m€0.01m▲ 5.6%
Operating cash flow (approximation)€0.1m€1.2m€0.09m-€0.2m-€0.3m▼ 35.3%
Investment in fixed assets (approximation)-€0.3m-€0.05m-€0.005m€0.01m▲ 373%
Change in cash-€0.3m-€0.2m---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 2,129 companies in this sector we hold annual accounts for 1,131. 659 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Board & ownership

Parent GR8er company · 99%

Directors

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. GR8er company 99%
  2. 1MANIAC

Highest known parent: GR8er company. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 5 Gazette acts processed.

Timeline

16 eventsLatest 30-06-2026Next filing 31-07-2027

History

1MANIAC was incorporated on 17 May 2011.1 Total assets rose from €883,715 in 2018 to €4.9m in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€315,192
Net result drops to -€315,192, the lowest in the series.
17-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity times 32current ratio 71.65
Current ratio from 2.24 to 71.65; short-term debt falls from €1.9m to €53,093.
01-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €1.1m ▲2,248%
Operating result €1.4m, net result €1.1m, both a record.
31-12
Financial Liquidity triplescurrent ratio 2.24
Current ratio from 0.85 to 2.24; short-term debt falls from €2.5m to €1.9m.
31-12
Financial Equity above €1mEq €1.1m
2 profitable years in a row build equity to €1.1m.
12-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €48,640
Net result €48,640 after 2 loss-making years.
12-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
07-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-05
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 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 17-05-2011Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded17-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
46720Wholesale of motor vehicle parts and accessories
93199Other sports activities
Contact
E-mail patrick.vg@me.comWortegem-Petegem
Fax 055457295Wortegem-Petegem
E-invoicing
Reachable via Peppol
Peppol ID 0208:0836325189
Also 9925:BE0836325189
Registered 31-08-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Wortegem-Petegem · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
223 m²
Building footprint
223 m²
Volume, LiDAR
1,366 m³
Parcel 45039C0178/00C000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
1MANIAC
Scheldestraat (P.) 5, 9790 Wortegem-PetegemNACE 45112
since 2011unit no. 2.199.681.470
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45039C0178/00C000 Flanders 223 m² 1 · 223 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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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