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MAN-ENGINE

Active Private limited companyfounded 2022active for 4 yearsBaron Albert d'Huartlaan 216, 1950 KraainemKBO/BCE: BE 0788.533.784 #6 company by total assets in Kraainem, Professional and technical services sector

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €375,038 (2024)
€355,318▼ 5.3%
lowest -€1,493 (2022)
€1.5m▲ 637%
peak €1.0m (2025)
€1.0m▲ 272%
€5.6m▲ 1.3%
Board1 name since 2022
Documentsfilings and deeds
25-06-202636 days before the deadline
2025abbreviated format
Result from €203,809 to €1.5mDividend €741,658Equity from €279,422 to €1.0mInvestments €106,774Cash from €82,002 to €48,698

Key points

from the 2025 annual accounts

Equity

€1.0m ▲ 272%
0.32024+1.5Profit-0.7Dividend1.02025

MAN-ENGINE paid out €741,658 in dividends. That is 49% of the 2025 profit.

Result

€1.5m ▲ 637%
€204,0002024€1.5m2025

The result rose in 2025: different schema filed.

Debts

€5.6m 84% of the balance sheet
Financial debts 76%Suppliers 0%Taxes and wages 2%Other 22%

Of this, €1.9m falls due within a year.

Securities

€3.3m

Guarantees given for others' debts, new in 2025. 3.1 times equity · not in the 2024 accounts.

Investments

€106,774 5.0 × depreciation

Green is investment, beige is depreciation.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2023 accounts came latest: 99 days after the end of the period.

Checked score

84
Excellent
Financially stronger than 50% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.2%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Average

41+11equity 15.6% of total assets
39-5short-term debt 28.7% · cash 0.7%
71+25return on assets 22.6%

Score breakdown

raises risk
Liquidity: current ratio 0.80, cash €48,698
No registered site in the KBO
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: turnover €432,000, total assets €6.7m
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 70, small). It does better than 18% of them on solvency, 24% on liquidity, 61% on profitability and 97% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Credit verdict

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.8 (0.61 in 2024), below 1. Short-term debt is 28.7% and cash 0.7% of total assets. 84.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Liquidity: current ratio 0.80, cash €48,698
NBB · annual accounts
lowers risk · Size: turnover €432,000, total assets €6.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 10857 sector peers (2025).
NBB · sector comparison
Position among 10857 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 25-06-2026, 36 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
36 days early
2024
21 days early
2023
99 days late
2022
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 15 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 30 July (3 of the last 4 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

FS
Director
  • SEVOSTIANOV Filipp founderdeed of 15-07-2022

Shares in 1 company, SOLAF

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0788533784
Environmental permit granted Een grond gebruiken, aanleggen of inrichten, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Puurs-Sint-Amands
Incorporation Founding capital of €5,000, 1,000 shares · Founder: SEVOSTIANOV Filipp · Appointment: SEVOSTIANOV Filipp (director) · published on 15-07-2022 · Gazette deed
All 11 events

Comparable companies

same main activity, similar in size and age
Company
MAN-ENGINE Kraainem €432,000 76.8% 15.6% -
FULL GAS Kontich - - 38.2% 0
ZENO Ghent - - 1.3% -
SOFTPAK INVEST Antwerp €534,000 32.7% 44.8% -
RUMACHRIS Asse - - 22.4% 0
Proxima Advisory Zaventem - - 55.6% -
Van Steen Support Sint-Gillis-Waas - - 75.3% -
-10%0%10%20%€500,000€5m€50m€500mMAN-ENGINEEBIT margin

Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as MAN-ENGINE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €5m and €7.9m, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 13-07-2022Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€432,000
€1.5m▲ 637%
€1.0m▲ 272%
€6.7m▲ 14.3%
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Insights on MAN-ENGINE

MAN-ENGINE files the abbreviated format. That format states no turnover. The gross margin rose from -€1,100 in 2022 to €355,318 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 25-06-2026, 36 days before the deadline
€432,000
€331,931
▼ 11.2%
€353,285
€1.5m
15.6%
▲ 10.8 percentage points
0.80
▲ 0.19

Money flows

turnover is 22.4% of income in 2025

Balance sheet

balance sheet total €6.7m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

15.6%

Higher than 19% of 10,857 companies in 2025.

0.80

Higher than 31% of 10,479 companies in 2025.

22.6%

Higher than 83% of 10,726 companies in 2025.

MAN-ENGINE Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022
Balance sheet: assets
20/58 6.7m5.8m120,4354,963
21/28 5.1m5.0m--
22/27 85,419---
24 85,419---
28 5.0m5.0m--
29/58 1.5m777,942120,4354,963
29 1.4m672,06650,000-
291 1.4m672,06650,000-
40/41 37,15212,68850,013-
40 1,61312,68850,013-
41 35,540---
54/58 48,69882,00220,4224,963
490/1 26,86111,187--
Balance sheet: equity and liabilities
10/49 6.7m5.8m120,4354,963
10/15 1.0m279,42275,6123,508
10/11 5,0005,0005,0005,000
14 1.0m274,42270,612-1,493
17/49 5.6m5.5m44,8231,455
17 3.7m4.2m--
170/4 3.3m3.8m--
178/9 450,000450,000--
42/48 1.9m1.3m44,823355
42 622,005574,145--
43 1.0m---
430/8 1.0m---
44 7,94311,62411355
440/4 7,94311,62411355
45 138,376110,92742,811-
450/3 138,376110,92742,811-
47/48 143,161586,7242,000-
492/3 -11,373-1,100
Income statement
70 432,000---
9900 355,318375,03890,605-1,100
60/61 76,682---
630 21,355---
640/8 2,0321,189-355
9901 331,931373,85090,605-1,455
75/76B 1.5m23,253--
75 1.5m23,253--
65/66B 304,185129,99620038
65 304,185129,99620038
9903 1.5m267,10790,405-1,493
67/77 22,74263,29718,300-
9904 1.5m203,80972,105-1,493
9905 1.5m203,80972,105-1,493
Appropriation of the result
9906 1.8m274,42270,612-1,493
14P 274,42270,612-1,493-
694/7 741,658---
694 741,658---
Document PDFPDFPDFPDF

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 25-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 25-06-2026 2026-00199189 PDF
31-12-2024 micro format 10-07-2025 2025-00254106 PDF
31-12-2023 micro format 07-11-2024 2024-00532348 PDF
31-12-2022 micro format 18-08-2023 2023-00333972 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
353,285---
1.5m---
106,7745.0m--
-33,30461,58015,459-
-386,709-505,47875,6124,608
76.8%---
15.6%4.8%62.8%-
0.800.612.69-
5.4019.830.59-
144.5%72.9%95.4%-
22.6%3.5%59.9%-
1.16---
1 day---
38 days---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item2025202420232022
Debts guaranteed by Belgian public bodies€750,000---
€3.3m---

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets€106,774---
Financial fixed assets-€5.0m--
€21,355---

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on MAN-ENGINE

The operating result for 2025 is 11% lower than in 2024.

Debt's share of the balance-sheet total falls from 95.2% to 84.4%. Equity and debt are higher.

Large changes and their cause
  • 2025 Net result +637% on 2024. The accounts now follow the abbreviated format, last year the micro format.

Board & ownership

Board

1 director, since incorporation
Director
appointed by deed of 15-07-2022 term without a fixed end
listed in the 2024 annual accounts, filed on 10-07-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Board
Mandates as a list
  • Filipp SEVOSTIANOV
    • Director, appointed by deed of 15-07-2022, still in office

See the board, name and registered office on a given date →

Control

This company
MAN-ENGINE
Equity €1.0m
Profit €1.5m in 2025

Capital

Contribution
€5,000
Shares
1,000
Contribution per share
€5
Equity per share
€1,039 in 2025
Source
deed of 15-07-2022

Articles of association

deed of 15-07-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of March at 18:00

Founder

At incorporation deed of 15-07-2022 ↗

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyMAN-ENGINE1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE Solaf67% €5.1m result €2.3m

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
  • SOLAFsubsidiary
    Equity €5.1m Profit of €2.3m in 2025 (profit of €1.2m in 2024) Checked score 88
    67%
Holdings through the years 2024 to 2025
Holdings through the years
Name20242025
SOLAF 67%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate
Board mandates of MAN-ENGINEMAN-ENGINE sits on their board1
Director
Founded in 2007 · 26 FTE (2025)

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

11 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0788533784
Annual accounts 2025 filed NBBabbreviated format · 36 days before the deadline
2025
Highest result from 2022 to 2025 net €1.5m ▲637% The net result of €1.5m is the highest of those years.
Equity above €1m equity €1.0m ▲272% After 3 profitable years in a row, equity reaches €1.0m.
Annual accounts 2024 filed PDFmicro format · 21 days before the deadline
2024
Equity above €200,000 equity €279,422 ▲270% After 2 profitable years in a row, equity reaches €279,422.
Annual accounts 2023 filed PDFmicro format · 99 days late
Environmental permit granted OmgevingsloketEen grond gebruiken, aanleggen of inrichten, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Puurs-Sint-Amands
2023
Back to profit net €72,105 The net result is €72,105, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 18 days late
2022
IncorporationFounding capital of €5,000, 1,000 shares · Founder: SEVOSTIANOV Filipp · Appointment: SEVOSTIANOV Filipp (director) · published on 15-07-20223 points ▸

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

MAN-ENGINE was incorporated on 13 July 2022 as a private limited company by one natural person, with a starting capital of €5,000.12 Filipp SEVOSTIANOV is director of the company, appointed by deed of 15-07-2022.2 Total assets rose from €4,963 in 2022 to €6.7m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-07-2022
  3. 3National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0788.533.784
VAT number
BE 0788.533.784
Peppol ID
0208:0788533784
Legal form
Private limited company
Status
Active, normal situation
Founded
13-07-2022
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of March at 18:00
deed of 15-07-2022 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MAN-ENGINE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-07-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Baron Albert d'Huartlaan 216, 1950 Kraainem”
deed of 15-07-2022 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
70220 Business consulting main activity
70210 Activities of head offices; management consultancy activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard; in de ruimste zin, bijstand en diensten verlenen…”
12 activities
  1. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard; in de ruimste zin, bijstand en diensten verlenen, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie, ontwikkeling en algemeen bestuur;
  2. Mandaten opnemen in andere vennootschappen en optreden als bestuurder, gedelegeerd bestuurder, directeur, vereffenaar of op een andere wijze gevolmachtigde persoon, weze het bezoldigd of onbezoldigd. De vennootschap kan daarbij tussenkomen in het dagelijks bestuur en ondernemingen en vennootschappen vertegenwoordigen;
  3. Het nemen van participaties en belangen onder welke vorm ook, in alle bestaande en op te richten vennootschappen en ondernemingen, het beheren en valoriseren van eigen roerende waarden en participaties, het verlenen van financiële en andere bijstand aan de vennootschappen en ondernemingen waarin ze belangen heeft;
  4. Alle werken die kunnen uitgevoerd worden in verband met het bouwen, verbouwen, renoveren, aanpassen van woningen, industriële gebouwen, handels- en kantoorgebouwen en alle mogelijke constructies, het aannemen en uitvoeren of laten uitvoeren van grondwerken, wegenwerken, aanplantingen, boringen, peilingen, uitdiepingen, waterbouwkundige werken, baggerwerken, funderingswerken, draineringswerken, aanleg van bruggen en tunnels, algemene bouwwerken, ruwbouwwerken, restaureren van bouwwerken, bekistings- en ijzervlechtwerken, het bouwen van stellingen, voegwerken, reiniging van gevels, slopingswerken, plaatsen van afsluitingen, dakwerken, tegel & mozaïekwerken en andere muur- en vloerbekleding, isoleringswerken, pleister – stukadoorswerken, cementeerwerken, gyprocwerken, chapewerken, parketwerk, schrijnwerk van hout, metaal, kunststof, …, glaswerken, saneringswerken, asbestverwijderingswerken, schilder- en behangwerken, de installatie van centrale verwarming, gasverwarming, ventilatie en koeling, sanitaire installaties, het plaatsen van lood- en zinkwerk, ,het plaatsen van antennes en bliksemafleiders, vervaardiging van hijs- en transportwerktuigen, vervaardiging van hydraulische apparatuur, elektrische installaties, metaalconstructies, het leggen van kabels en diverse leidingen, aanlegging van pijpleidingen en hoogspanningsleidingen, aanleg van telecommunicatieleidingen en -netten, spoorlijnwerken, aanleg van speel- en sportterreinen en zwembaden, smeedwerken, telecommunicatie, uitgeverijen van software, … waterzuiveringswerken, toezicht op werven, interieur en kleuradvies, onderschroeiingswerken, onderhoud van bouwvoertuigen (mecanicien), rioleringswerken, saneringswerken, metsel- en voegwerk, afwerking gebouwen, dekvloeractiviteiten, plaatsen en herstellen van schrijnwerkerij en glazenmaker, eindafwerking schilderen en behangen van bouw, algemene aannemer, bosbouw, tuinwerken, afbraakwerken, tuinaannemer, betonwerken.
  5. Ontwerpen en programmeren van computerprogramma’s.
  6. Het begeleiden van bedrijven en instellingen door het verstrekken van advies op het vlak van I.T. problemen en daarmee gerelateerde producten; het uitvoeren van analyses.
  7. Het inrichten van een studie-, organisatie en raadgevend bureau inzake informatietechnologie.
  8. Het verlenen van computerservices en verstrekken van IT-advies in het algemeen; de begeleiding en het geven van opleidingen in verband met software in de meest ruime zin.
  9. Het ontwikkelen en/of verzorgen, het beheer van databanken en websites en andere informatiesystemen; webhosting en aanverwante activiteiten.
  10. Het beheer, het testen en de implementatie van softwarepakketten.
  11. Computer consultancyactiviteiten; computerfaciliteiten, overige dienstverlenende activiteiten op het gebied van informatie.
  12. Groot-en kleinhandel, export en import, handelsbemiddeling, installatie, verhuur en herstel van: hard- en software en hun toebehoren, computeraccessoires, games en consoles, kantoormachines en kantoorbenodigdheden, tekstverwerkers en alle soortgelijke of aanverwante toestellen, kortom alle producten die verband houden met informatietechnologie.
deed of 15-07-2022 (in Dutch)

Registered office and establishments

Buildings and parcels at the address

Ground area
1,438 m²
Buildings
211 m²
Volume, LiDAR
1,557 m³
Tallest building
11.2 m
Buildings to scale, each on its own parcel
211 m², 11.2 m 211 m², 11.2 m

Environmental permits

1 application in Flanders since 2024 · 1 granted
13-08-2024 Granted Een grond gebruiken, aanleggen of inrichten; Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) submitted 26-01-2024 · project 2024011595 Puurs-Sint-Amands

Source: Omgevingsloket Vlaanderen.

Location

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcelArea Buildings Height / floors
22002C0043/00T0201,438 m² 1 · 211 m² 11.2 m · 2