MAN-ENGINE
ActiveSummary
MAN-ENGINE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €279,422 and a net result of €203,809. Equity is growing by ~182.5% per year across the filed fiscal years. Its solvency ranks better than 11% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability46▼-54
Solvency30▼-58
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity short (current ratio 0.61 against 2.69 in 2023; short-term debt: 22.1% and cash: 1.4% of total assets), and 95.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 37951 sector peers (2024).
NBB · sector comparisonPosition among 37951 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
99 d late
2022
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€279,422▲ 270%
2023 · €75,612
Total assets
€5.8m▲ 4,732%
2023 · €120,435
Net result
€203,809▲ 183%
2023 · €72,105
Working capital
-€505,478
2023 · €75,612
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result-€1,455-€90,605€373,850▲ 313%
Net result-€1,493-€72,105€203,809▲ 183%
Equity€3,508-€75,612▲ 2,056%€279,422▲ 270%
Total assets€4,963-€120,435▲ 2,327%€5.8m▲ 4,732%
Debt€1,455-€44,823▲ 2,981%€5.5m▲ 12,261%
Working capital€4,608-€75,612▲ 1,541%-€505,478
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 313% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.8m
Fixed assets
€5.0m
Current assets
€777,942
Equity and liabilities €5.8m
Equity
€279,422 ▲ 270%
Debt
€5.5m ▲ 12,261%
Debt's share of the balance-sheet total rises from 37.2% to 95.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.61▼
2023 · 2.69
Debt to equity
19.83▲
2023 · 0.59
ROE
72.9%▼
2023 · 95.4%
ROA
3.5%▼
2023 · 59.9%
Debt ≤ 1 year
€1.3m▲
2023 · €44,823
Debt > 1 year
€4.2m
Income taxes
€63,297▲
2023 · €18,300
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €355 | - | €1,189 | - |
| Gross operating margin9900 | -€1,100 | €90,605 | €375,038 | ▲ 314% |
| Operating profit (loss)9901 | -€1,455 | €90,605 | €373,850 | ▲ 313% |
| Financial income75/76B | - | - | €23,253 | - |
| Recurring financial income75 | - | - | €23,253 | - |
| Financial charges65/66B | €38 | €200 | €129,996 | ▲ 64,996% |
| Recurring financial charges65 | €38 | €200 | €129,996 | ▲ 64,996% |
| Profit (loss) for the period before taxes9903 | -€1,493 | €90,405 | €267,107 | ▲ 195% |
| Income taxes67/77 | - | €18,300 | €63,297 | ▲ 246% |
| Profit (loss) for the period9904 | -€1,493 | €72,105 | €203,809 | ▲ 183% |
| Profit (loss) for the period to be appropriated9905 | -€1,493 | €72,105 | €203,809 | ▲ 183% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4,963 | €120,435 | €5.8m | ▲ 4,732% |
| Fixed assets21/28 | - | - | €5.0m | - |
| Financial fixed assets28 | - | - | €5.0m | - |
| Current assets29/58 | €4,963 | €120,435 | €777,942 | ▲ 546% |
| Amounts receivable after more than one year29 | - | €50,000 | €672,066 | ▲ 1,244% |
| Other amounts receivable291 | - | €50,000 | €672,066 | ▲ 1,244% |
| Amounts receivable within one year40/41 | - | €50,013 | €12,688 | ▼ 74.6% |
| Trade receivables40 | - | €50,013 | €12,688 | ▼ 74.6% |
| Cash at bank and in hand54/58 | €4,963 | €20,422 | €82,002 | ▲ 302% |
| Deferred charges and accrued income490/1 | - | - | €11,187 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4,963 | €120,435 | €5.8m | ▲ 4,732% |
| Equity10/15 | €3,508 | €75,612 | €279,422 | ▲ 270% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€1,493 | €70,612 | €274,422 | ▲ 289% |
| Amounts payable17/49 | €1,455 | €44,823 | €5.5m | ▲ 12,261% |
| Amounts payable after more than one year17 | - | - | €4.2m | - |
| Financial debts170/4 | - | - | €3.8m | - |
| Other amounts payable178/9 | - | - | €450,000 | - |
| Amounts payable within one year42/48 | €355 | €44,823 | €1.3m | ▲ 2,763% |
| Current portion of amounts payable after more than one year42 | - | - | €574,145 | - |
| Trade debts44 | €355 | €11 | €11,624 | ▲ 105,568% |
| Suppliers440/4 | €355 | €11 | €11,624 | ▲ 105,568% |
| Taxes, remuneration and social security45 | - | €42,811 | €110,927 | ▲ 159% |
| Taxes450/3 | - | €42,811 | €110,927 | ▲ 159% |
| Other amounts payable47/48 | - | €2,000 | €586,724 | ▲ 29,230% |
| Accrued charges and deferred income492/3 | €1,100 | - | €11,373 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,493 | €72,105 | €203,809 | ▲ 183% |
| Operating cash flow (approximation) | -€1,493 | €72,105 | €203,809 | ▲ 183% |
| Change in cash | - | €15,459 | €61,580 | ▲ 298% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €203,809 ▲183%
Operating result €373,850, net result €203,809, both a record.
31-12
Financial
Equity above €200,000Eq €279,422 ▲270%
2 profitable years in a row build equity to €279,422.
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 99 days late
2023
31-12
Financial
Back to profitnet €72,105
Net result €72,105 after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kraainem
Ground area
1,438 m²
Building footprint
211 m²
Volume, LiDAR
1,557 m³
Parcel 22002C0043/00T020, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0043/00T020 | Flanders | 1,438 m² | 1 · 211 m² | 11.2 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.
Similar companies · same sector, comparable size
ASBECO
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B&D-De Kroone
BE 0808.577.548
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MATUS
BE 0599.984.590
Thimister-Clermont · Eq €279,467
Filip Camerlynck
BE 0676.761.179
Lendelede · Eq €279,365
Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 38,493 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.