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CHAUSSURES MANIET

Active
Public limited companyfounded 1985active for 41 yearsAvenue Thomas Edison 111, 1402 Nivelles, Belgium19 active companies are registered at this addressKBO/BCE: BE 0427.140.983
Summary

CHAUSSURES MANIET has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €10.4m and a net result of -€235,082. Equity remains stable across the filed financial years (±1.1% per year). Its solvency ranks better than 62% of 305 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other non-specialised retail sale
NACE 47120Retail sale of footwear NACE 47721
2nd largest employer in Nivelles, Wholesale and retail trade sector28 sites
Size
€58.3mturnover 2026
Staff
187.3 FTE
Equity
€10.4m
Loss
-€235,082
Net result -107%: merger
Financial health
92 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
LARAL · 94.78%
Board
6 members
Auditor: Baker Tilly Audit, Comptabilité, ConseilAccounts 53 days early
Why 92raises riskLoss of €235,082, the second in a row (financial year 2026)Sector: Retail trade (NACE 47)lowers riskFounded in 1985Liquidity: current ratio 2.14, cash €2.4mShow the evidence

Checked score

Score 2026
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 44% of its sector peers (NACE 47, medium-sized)
Financial strength · tick = 2025
Weak
Solvency 73-2
equity 48.2% of total assets
Liquidity 43-1
short-term debt 42.9% · cash 11.1%
Profitability 23=
return on assets -1.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (384 companies, NACE 47, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €950,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.14, compared with 2.2 in 2025, above the usual 1.5; short-term debt: 42.9% and cash: 11.1% of total assets), but 51.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, medium-sized): better than 73% on solvency, 58% on liquidity, 16% on profitability and 30% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1985
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €235,082, the second in a row (financial year 2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.14, cash €2.4m
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 09-07-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
53 days early
2025
62 days early
2024
43 days early
2023
55 days early
2022
51 days early
2021
36 days early
2020
46 days 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 49 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Reappointments: George Vanderplancke, Pascale Maniet and…Permanent representatives: Allison Vanderplancke, Arnaud…
  3. Capital & shares · RestructuringMerger · Accounting effect ·…

Key points

  • Caution: Among the weakest 9% on net resultsector median €78,840 · 302 companies -€235,082 View
  • Result fell in 2026merger with ATELIER DASCOTTE ▼ 107% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Controlled by LARALultimately: ARGOPAL 94.78% View
  • Caution: 2 loss-making years in a rowloss financial year 2026 -€235,082 View

By topic

Financials

Financial year
2026
Turnover
€58.3m
Loss
-€235,082
Solvency
48.2%
Turnover▼ 2.3%
Net result
20192026
Go to Financials

Board & ownership

Board
6 members
Parent
LARAL · 94.78%
Auditor
Baker Tilly Audit, Comptabilité…
  • George VanderplanckeChair
  • Jacques ManietDirector
  • Alli VDPManaging director
  • DingDirector
  • MavajDirector

and 1 other director

Go to Board & ownership

Timeline

Events
65
Since
1986
Next accounts
by 31-08-2027
  1. 30-06-2025Annual accounts filed
  2. 07-05-2025Restructuring
  3. 26-09-2024Resignation: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES (statutory auditor)
Go to Timeline

Company details

Sites
28
Legal form
Public limited company
Activity
Other non-specialised retail saleNACE 47120
Founded
18-04-1985
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Annual meeting
Last Tuesday of June at 15:00
Purpose
“L'achat, la vente, la commercialisation sous toutes ses formes, tant en gros qu'en détail…” (deed in French)
Go to Articles of association

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