D & Manhattan
ActiveThe computed 12-month bankruptcy probability of D & Manhattan is 1.8% (moderate). The annual accounts of D & Manhattan for fiscal year 2025 show a net loss of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €79k and a net result of €-110k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 10252 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-84
Solvency34▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.87 against 1.25 in 2024; short-term debt: 59.9% and cash: 20% of total assets), and 91.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
8.6%
Return on assets
-11.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 10252 sector peers (2025).
NBB · sector comparisonPosition among 10252 sector peers
Solvency
better than 19%
← 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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
34 d early
2020
23 d early
2019
on the day
← 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-110k
2024 · €92k
2019: €-44k
2020: €53k
2021: €16k
2022: €1k
2023: €145k
2024: €92k
2019 → 2025
Working capital
€-73k
2024 · €100k
2019: €-55k
2020: €51k
2021: €-95k
2022: €-81k
2023: €11k
2024: €100k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€32k▲ 4.5%€97k▲ 203%€189k▲ 94.6%€79k▼ 58.0%
Operating result€33k-€25k▼ 25.9%€187k▲ 653%€152k▼ 18.8%€-80k
Net result€16k-€1k▼ 91.3%€145k▲ 10,518%€92k▼ 36.6%€-110k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €80k after €152k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €921k
Fixed assets
€443k▲ 394%
Current assets
€479k▼ 3.7%
Equity and liabilities €921k
Equity
€79k▼ 58.0%
Debt
€842k▲ 112%
The debt ratio rises from 67.7% to 91.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2024 · €196k
Cash flow
€-36k▼
2024 · €136k
Solvency
8.6%▼
2024 · 32.3%
Current ratio
0.87▼
2024 · 1.25
Quick ratio
0.47▼
2024 · 0.81
Debt / equity
10.59▲
2024 · 2.10
ROE
-138.1%▼
2024 · 48.6%
ROA
-11.9%▼
2024 · 15.7%
Interest coverage
-0.22▼
2024 · 7.45
Debt
€842k▲
2024 · €397k
Debt ≤ 1 year
€552k▲
2024 · €397k
Debt > 1 year
€290k▲
2024 · €0
Income taxes
€0▼
2024 · €33k
Staff costs
€393k▲
2024 · €288k
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€587k€921k▲
Fixed assets21/28€90k€443k▲
Intangible fixed assets21-€26k
Tangible fixed assets22/27€89k€416k▲
Plant, machinery and equipment23€86k€404k▲
Other tangible fixed assets26€4k€12k▲
Financial fixed assets28€275€275=
Current assets29/58€497k€479k▼
Stocks and contracts in progress3€175k€217k▲
Stocks30/36€175k€217k▲
Amounts receivable within one year40/41€94k€76k▼
Trade receivables40€26k€21k▼
Other amounts receivable41€68k€55k▼
Cash at bank and in hand54/58€221k€184k▼
Deferred charges and accrued income490/1€7k€1k▼
Equity and liabilities
Total equity and liabilities10/49€587k€921k▲
Equity10/15€189k€79k▼
Contributions10/11€6k€6k=
Reserves13€183k€73k▼
Distributable reserves133€183k€73k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€397k€842k▲
Amounts payable after more than one year17€0€290k▲
Financial debts170/4€0€290k▲
Amounts payable within one year42/48€397k€552k▲
Current portion of amounts payable after more than one year42€10k€43k▲
Trade debts44€188k€199k▲
Suppliers440/4€188k€199k▲
Taxes, remuneration and social security45€37k€40k▲
Taxes450/3€3k€3k▼
Remuneration and social security454/9€33k€36k▲
Other amounts payable47/48€163k€270k▲
Income statement
Code20242025
Non-recurring operating income76A-€23k
Remuneration, social security and pensions62€288k€393k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€73k▲
Other operating charges640/8€5k€1k▼
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€490k€388k▼
Operating profit (loss)9901€152k€-80k▼
Financial income75/76B€75€0▼
Recurring financial income75€75€0▼
Financial charges65/66B€26k€30k▲
Recurring financial charges65€26k€30k▲
Profit (loss) for the period before taxes9903€125k€-110k▼
Income taxes67/77€33k€0▼
Profit (loss) for the period9904€92k€-110k▼
Profit (loss) for the period to be appropriated9905€92k€-110k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€-110k▼
Transfer from equity791/2-€110k
Transfer to equity691/2€92k€0▼
To other reserves6921€92k€0▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90878.110.3▲
The notes to these accounts (28 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-110k ▼219%
Net result drops to €-110k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €150kEq €189k ▲94.6%
5 profitable years in a row build equity to €189k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2019net €145k ▲10518%
Operating result €187k, net result €145k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full 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, Sint-Joost-ten-Node · 1 establishment unit since 2018
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.
Bolwerklaan 211210 Sint-Joost-ten-NodeGround area
7,591 m²
Building footprint
6,964 m²
Volume, LiDAR
397,635 m³
Parcel 21014A0008/00Z010, Brussels · tallest building 112.9 m, ±22 floors. Linked by address, not a title deed.
1 establishment unit
Proxy Manhattan
since 20182.275.987.808
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0008/00Z010 | Brussels | 7,591 m² | 1 · 6,964 m² | 112.8 m · 22 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Joost-ten-Node2.275.987.808
Similar companies · same sector, comparable size
Express Brugmann
BE 0656.504.017
Jette · Eq €79k
TATLI
BE 0798.220.918
Antwerpen · Eq €79k
BOUTIQUE SANTE
BE 0643.515.024
Seraing · Eq €79k
Copersol
BE 0403.409.241
Brussel · Eq €79k
AL 'ASR
BE 0883.455.511
Anderlecht · Eq €80k
Of 10,527 companies in sector 47110 we hold annual accounts for 5,861. 4,690 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2018
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.