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MAN'S FIELD

Active Private limited companyfounded 2013active for 13 yearsLennikse Baan 501, 1070 AnderlechtKBO/BCE: BE 0535.630.634

Lifetime

13 annual accounts with figures on one time axis
Gross marginpeak €80,528 (2015)
€29,480▲ €33,689
Resultlowest -€7,138 (2014)
€22,346▼ 9.7%
Equitypeak €479,295 (2025)
€479,295▲ 4.9%
Debts
€3.4m▲ 4.7%
Board3 names since 2021
1 directorSacha Gougnard
Owners
  
Documentsfilings and deeds
18-09-202649 days late
2025micro format
Gross margin from -€4,209 to €29,480Resignation: Dominique Boveroux (director) 08-10Resignation: Francis De Drée (director) 28-04Cash from €1,828 to €13,856

Key points

from the 2025 annual accounts

Equity

€479,295 ▲ 4.9%

MAN'S FIELD has made a profit without a break since 2016.

Debts

€3.4m 88% of the balance sheet
Financial debts 30%Suppliers 0%Taxes and wages 1%Other 70%

Of this, €2.4m falls due within a year.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Nine of the last ten came late. The 2019 accounts came latest: 157 days after the end of the period.

Checked score

68
Healthy
Financially stronger than 36% of small companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.2 percentage points vs 02-2025 04-2025: 1.4%▼ -0.1 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.1%▲ +0.5 percentage points vs 07-2025 09-2025: 2.4%▲ +0.3 percentage points vs 08-2025 10-2025: 1.4%▼ -1.0 percentage point vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.5%▲ +0.1 percentage points vs 01-2026 03-2026: 1.7%▲ +0.2 percentage points vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.6%▼ -0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.6 percentage points vs 07-2026 09-2026: 2.5%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.7%▼ -1.8 percentage points vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value

Financial strength
Weak

Solvency
37=equity 12.2% of total assets
Liquidity
18-4short-term debt 61.3% · cash 0.4%
Profitability
39=return on assets 0.6%

Score breakdown

raises risk
Last filed accounts filed 49 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.63, cash €13,856
lowers risk
Size: total assets €3.9m
Figures for financial year 2025 (filed on 30-09-2026)
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 68, small). It does better than 31% of them on solvency, 15% on liquidity, 37% on profitability and 63% on growth.

The bankruptcy probability was computed on 04-11-2026 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 low class on 30-06-2025, 0.8% 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).

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as MAN'S FIELD has now. Each dot stands for 11 companies, two years later.

98.0%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MAN'S FIELD itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,107 companies, not a prediction for MAN'S FIELD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Liquidity is ample, with a current ratio of 1.63 (1.82 in 2024), above the usual 1.5. Short-term debt is 61.3% and cash 0.4% of total assets. However, 87.8% 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

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 49 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.63, cash €13,856
NBB · annual accounts
lowers risk · Size: total assets €3.9m
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 30-09-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 49 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
49 days late
2024
54 days late
2023
40 days late
2022
71 days late
2021
61 days late
2020
90 days late
2019
157 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 75 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 23 September (5 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
05-11-2026 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

Board and ownership

SG
Director, since 01-04-2025
Board & ownership

Recent changes

Resignation: Dominique Boveroux (director) Director discharge: Dominique Boveroux · General meeting of 15-04-2024 · Gazette deed
Resignation: Francis De Drée (director) Appointment: Sacha Gougnard (director) · Director discharge: Francis De Drée · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments Board composition: BOVEROUX Dominique (director) · Gazette deed
Incorporation published on 27-06-2013 · Gazette deed
All 25 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
MAN'S FIELD Anderlecht €3.9m €29,480 12.2% -
ROMOS IMMO Saint-Ghislain €4.3m €24,990 0.6% -
HOGEMA Maaseik €4.3m €29,419 99.4% 0
MIG INVEST & SERVICES Uccle €3.2m €40,827 73.2% -
DREVE DU DUC 58 Watermael-Boitsfort €5.0m €43,273 93.3% -
WORKS INTERNATIONAL Ixelles €3.2m €56,149 83.5% -
SAMKO Alveringem €4.1m €32,956 49.3% 0.2

These companies have the same main activity as MAN'S FIELD: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €3.2m and €5m, founded between 2010 and 2015.

Official details

Source: KBO
Status
Active since 12-06-2013Normal situation
Activity
Buying and selling of own real estateNACE 68110
Establishment unit
2.220.121.3501070 Anderlecht, since 12-06-2013
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

Turnover
≈ €81,000estimated
Total assets
€3.9m▲ 4.7%
Filing
Filed on 18-09-2026
Financials

Insights on MAN'S FIELD

MAN'S FIELD files the micro format. That format states no turnover. The gross margin rose from -€2,072 in 2013 to €29,480 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAN'S FIELD

What is the company number of MAN'S FIELD?
The company number of MAN'S FIELD is 0535.630.634. The VAT number is the same number with BE in front: BE 0535.630.634.
Where is MAN'S FIELD based?
The registered office is at Lennikse Baan 501, 1070 Anderlecht.Company details
What does MAN'S FIELD do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of MAN'S FIELD?
MAN'S FIELD is a private limited company (BV).
When was MAN'S FIELD founded?
MAN'S FIELD was founded on 12-06-2013.
Is MAN'S FIELD still active?
Yes, MAN'S FIELD is an active enterprise in the KBO register.
What is the turnover of MAN'S FIELD?
The turnover in financial year 2025 is ≈ €81,000. This figure is estimated from the gross margin of €29,480 and 32 comparable companies (NACE 681). It probably lies between €44,000 and €160,000.Financials
Is MAN'S FIELD profitable?
In financial year 2025, MAN'S FIELD made a profit of €22,346.
Where can I find the annual accounts of MAN'S FIELD?
MAN'S FIELD filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAN'S FIELD due?
MAN'S FIELD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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