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DE MANGERIE

Active
Public limited companyfounded 199531 yrs activeAlbert I-Promenade 10, 8400 Oostende, BelgiumKBO/BCE: BE 0455.020.763

DE MANGERIE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.56M and a net result of €337k. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 3619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
80 / 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
Profitability93▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 10.16 against 11.26 in 2024; short-term debt: 9.5% and cash: 13.4% of total assets), and 9.5% 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.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
elevated failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
90.5%
Return on assets
19.5%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
115 d early
2024
119 d early
2023
34 d early
2022
35 d early
2021
17 d early
2020
29 d early
2019
32 d early
← 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 months
Position in the running window
17-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€1.56M▲ 16.6%
2024 · €1.34M
2018: €108k 2019: €220k 2020: €334k 2021: €558k 2022: €853k 2023: €1.08M 2024: €1.34M
2018 → 2025
Total assets
€1.73M▲ 18.3%
2024 · €1.46M
2018: €129k 2019: €534k 2020: €570k 2021: €775k 2022: €1.02M 2023: €1.22M 2024: €1.46M
2018 → 2025
Net result
€337k▲ 28.5%
2024 · €262k
2018: €26k 2019: €112k 2020: €126k 2021: €224k 2022: €295k 2023: €223k 2024: €262k
2018 → 2025
Working capital
€1.49M▲ 21.8%
2024 · €1.23M
2018: €86k 2019: €86k 2020: €222k 2021: €448k 2022: €710k 2023: €946k 2024: €1.23M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€558k-€853k▲ 52.8%€1.08M▲ 26.2%€1.34M▲ 24.3%€1.56M▲ 16.6%
Operating result€311k-€427k▲ 37.3%€322k▼ 24.6%€386k▲ 20.0%€487k▲ 26.2%
Net result€224k-€295k▲ 31.7%€223k▼ 24.3%€262k▲ 17.3%€337k▲ 28.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €311k€311kNet result 2021: €224k€224kOperating result 2022: €427k€427kNet result 2022: €295k€295kOperating result 2023: €322k€322kNet result 2023: €223k€223kOperating result 2024: €386k€386kNet result 2024: €262k€262kOperating result 2025: €487k€487kNet result 2025: €337k€337k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.73M
Fixed assets €68k▼ 39.4%
Current assets €1.66M▲ 23.1%
Equity and liabilities €1.73M
Equity €1.56M▲ 16.6%
Debt €164k▲ 37.4%
The debt ratio rises from 8.2% to 9.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€537k
2024 · €435k
Cash flow
€386k
2024 · €311k
Solvency
90.5%
2024 · 91.8%
Current ratio
10.16
2024 · 11.26
Quick ratio
9.93
2024 · 10.95
Debt / equity
0.11
2024 · 0.09
ROE
21.6%
2024 · 19.6%
ROA
19.5%
2024 · 18.0%
Interest coverage
27.11
2024 · 28.73
Debt
€164k
2024 · €120k
Debt ≤ 1 year
€163k
2024 · €120k
Income taxes
€159k
2024 · €117k
Staff costs
€783k
2024 · €849k
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€1.46M€1.73M
Fixed assets21/28€112k€68k
Tangible fixed assets22/27€111k€67k
Plant, machinery and equipment23€30k€23k
Furniture and vehicles24€321-
Other tangible fixed assets26€81k€45k
Financial fixed assets28€525€525=
Current assets29/58€1.35M€1.66M
Amounts receivable after more than one year29€138k€94k
Other amounts receivable291€138k€94k
Stocks and contracts in progress3€37k€38k
Stocks30/36€37k€38k
Amounts receivable within one year40/41€47k€49k
Trade receivables40€2k€2k
Other amounts receivable41€45k€47k
Current investments50/53€289k€1.25M
Cash at bank and in hand54/58€833k€231k
Deferred charges and accrued income490/1€3k€981
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.73M
Equity10/15€1.34M€1.56M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.28M€1.50M
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.27M€1.49M
Amounts payable17/49€120k€164k
Amounts payable within one year42/48€120k€163k
Current portion of amounts payable after more than one year42€24k-
Trade debts44€52k€36k
Suppliers440/4€52k€36k
Advances received on contracts in progress46€1k-
Taxes, remuneration and social security45€43k€57k
Taxes450/3€21k€39k
Remuneration and social security454/9€21k€18k
Other amounts payable47/48€258€70k
Accrued charges and deferred income492/3-€1k
Income statement Code20242025
Remuneration, social security and pensions62€849k€783k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€50k
Other operating charges640/8€8k€7k
Non-recurring operating charges66A€295-
Gross operating margin9900€1.29M€1.33M
Operating profit (loss)9901€386k€487k
Financial income75/76B€8k€29k
Recurring financial income75€8k€29k
Financial charges65/66B€15k€20k
Recurring financial charges65€15k€20k
Profit (loss) for the period before taxes9903€379k€496k
Income taxes67/77€117k€159k
Profit (loss) for the period9904€262k€337k
Profit (loss) for the period to be appropriated9905€262k€337k
Appropriation of the result
Profit (loss) to be appropriated9906€262k€337k
Transfer from equity791/2-€114k
Transfer to equity691/2€262k€337k
To other reserves6921€262k€337k
Profit to be distributed694/7-€114k
Return on contributions (dividend)694-€114k
Social balance
Average headcount (FTE)908720.116.8

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €337k ▲28.5%
Operating result €487k, net result €337k, both a record.
03-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €1MEq €1.08M ▲26.2%
6 profitable years in a row build equity to €1.08M.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €500kEq €558k ▲67%
4 profitable years in a row build equity to €558k.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Liquidity doublescurrent ratio 4.05
Current ratio from 1.81 to 4.05; short-term debt falls from €105k to €73k.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €200kEq €220k ▲104%
2 profitable years in a row build equity to €220k.
16-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Oostende · 2 establishment units since 2008
establishment All 2 establishment units on the map
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.

Albert I-Promenade 108400 Oostende
Ground area
608 m²
Building footprint
519 m²
Volume, LiDAR
11,884 m³
2 parcels, Flanders · tallest building 33.8 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
Bistro De Mangerie
Albert I-Promenade 10, 8400 OostendeManufacture of food products
since 20082.171.475.355
ZAZ Cuisine
Van Iseghemlaan 16, 8400 OostendeFull-service restaurants
since 20182.284.688.015
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A0569/00P008 Flanders 331 m² 1 · 242 m² 33.8 m · 9 fl.
35013A0566/00K009
ProtectedMonumentArt-nouveauburgerhuis: rechterdeelSource ↗
Flanders 277 m² 1 · 277 m² 27.5 m · 9 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Oostende2.171.475.355
1 permission
Toelating · Eetgelegenheid · since 14-04-2009
Oostende2.284.688.015
1 permission
Toelating · Eetgelegenheid · since 01-06-2019

Legal Entity Identifier

9845001ZAB62B3N3BC21
live in the LEI register

Similar companies · same sector, comparable size

Of 20,499 companies in sector 56111 we hold annual accounts for 11,450. 2,895 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded14-04-1995
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55521
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:059/70.93.97
Establishment Oostende 2.171.475.355