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I-Manas

Active
Private limited companyfounded 2013active for 13 yearsBraziliëstraat 28, 2000 Antwerpen, BelgiumKBO/BCE: BE 0527.922.005
Summary

I-Manas has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€33,800) and a net result of -€2,630. Equity has been shrinking by about 17% per year since 2018. Its solvency ranks better than 13% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 18-04-2013 Normal situation
Registered office
16 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Retail sale of other cultural and recreation goods NACE 47690and 3 others
Establishment unit
2.390.929.937 2000 Antwerpen, since 01-04-2026
Financial year end
31 December
Peppol
Reachable since 12-05-2026

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
-€956
▲ 71.1%
Loss
€2,630
▼ 39.2%
Equity
-€33,800
▼ 8.4%
Total assets
€959,277
▲ 853%
  • Negative equity on 31-12-2025
Turnover not published (abbreviated or micro format)
Filed on 14-07-2026, 17 days before the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€33,8001 change of registered office in 24 monthslowers riskSize: total assets €959,277Figures for financial year 2025 (filed on 14-07-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 21% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 21+21
equity -3.5% of total assets
Liquidity 13-37
short-term debt 103.5% · cash 10.0%
Profitability 37+10
return on assets -0.3%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.9% 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.5%▼ -0.4 percentage points vs 01-2025 03-2025: 2.4%▼ -0.1 percentage points vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.3%▼ -0.1 percentage points vs 05-2025 07-2025: 2.6%▲ +0.3 percentage points vs 06-2025 08-2025: 3.5%▲ +0.9 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -2.8 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.3%▼ -0.3 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026lowest value 06-2026: 0.9%▲ +0.6 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.1 percentage points vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026 11-2026: 1.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.1 (0.76 in 2024), below 1. Short-term debt is 103.5% and cash 10% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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, micro). It does better than 18% of them on solvency, 13% on liquidity, 28% on profitability and 28% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€33,800
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €959,277
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 14-07-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€33,800
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
28 days late
2023
29 days late
2022
29 days late
2021
31 days late
2020
23 days late
2019
98 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€33,800 View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€2,630 View
  • Caution: Less equity than 90% of companies in retail tradesector median €236,726 · 12,785 companies -€33,800 View
  • Caution: Board changedlatest change 20-05-2026 · 1 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Registered office moved within AntwerpenResignation: Miguel Espantoso Mendez (director) · Appointment: ESPANTOSO LUIS Rayco (sole director)
  2. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as I-Manas: retail sale of other cultural and recreation goods (NACE 47690). They are comparable in size and age: total assets between €547,000 and €2m, founded between 2012 and 2018.

CompanyTotal assetsGross margin
I-Manas Antwerpen€1.0m-€0.001m
Super Dakota SPRL Elsene€0.9m-€0.05m
MAURUS Elsene€0.6m-€0.06m
PAUL VAN HOEYDONCK Wommelgem€0.5m-€0.1m
ISATIS FINE ARTS Brussel€1.5m-€0.003m
BELGIUM ART Vorst€0.8m-€0.05m
DTTH GALLERY Brussel€2.0m-€0.06m
Full comparison

Key facts about I-Manas

What is the company number of I-Manas?
The company number of I-Manas is 0527.922.005. The VAT number is the same number with BE in front: BE 0527.922.005.
Where is I-Manas based?
The registered office is at Braziliëstraat 28, 2000 Antwerpen.Company details
What does I-Manas do?
According to the KBO register, the main activity is retail sale of other cultural and recreation goods (NACE 47690).
What is the legal form of I-Manas?
The legal form of I-Manas is Private limited company (BV).
When was I-Manas founded?
I-Manas was founded on 18-04-2013.
Is I-Manas still active?
Yes, I-Manas is an active enterprise in the KBO register.
What is the turnover of I-Manas?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is I-Manas profitable?
In financial year 2025, I-Manas made a loss of €2,630.
Where can I find the annual accounts of I-Manas?
I-Manas filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of I-Manas due?
I-Manas must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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