MAN2PRO
ActiveSummary
MAN2PRO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €388k and a net result of €77k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-1
Solvency53▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.67 in 2023; short-term debt: 10.2% and cash: 3.5% of total assets), and 71.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers 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 →
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 15-05-2025, 77 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
69 d early
2022
29 d late
2021
48 d early
2020
16 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€388k▲ 24.9%
2023 · €311k
2018: €124klowest in 7 years
2019: €142k▲ +14.4% vs 2018
2020: €171k▲ +20.1% vs 2019
2021: €192k▲ +12.3% vs 2020
2022: €217k▲ +13.3% vs 2021
2023: €311k▲ +43.0% vs 2022
2024: €388k▲ +24.9% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.37M▼ 2.1%
2023 · €1.40M
2018: €139klowest in 7 years
2019: €158k▲ +14.1% vs 2018
2020: €192k▲ +21.5% vs 2019
2021: €211k▲ +10.0% vs 2020
2022: €692k▲ +227% vs 2021
2023: €1.40M▲ +103% vs 2022highest in 7 years
2024: €1.37M▼ -2.1% vs 2023
2018 → 2024
Net result
€77k▼ 17.2%
2023 · €93k
2018: €106khighest in 7 years
2019: €18k▼ -83.1% vs 2018lowest in 7 years
2020: €29k▲ +59.9% vs 2019
2021: €21k▼ -26.6% vs 2020
2022: €26k▲ +21.9% vs 2021
2023: €93k▲ +266% vs 2022
2024: €77k▼ -17.2% vs 2023
2018 → 2024
Working capital
€-33k▲ 31.4%
2023 · €-48k
2018: €126k
2019: €139k▲ +9.9% vs 2018highest in 7 years
2020: €115k▼ -17.1% vs 2019
2021: €131k▲ +13.5% vs 2020
2022: €-40k▼ -130% vs 2021
2023: €-48k▼ -21.2% vs 2022lowest in 7 years
2024: €-33k▲ +31.4% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€171k-€192k▲ 12.3%€217k▲ 13.3%€311k▲ 43.0%€388k▲ 24.9%
2020: €171klowest in 5 years
2021: €192k▲ +12.3% vs 2020
2022: €217k▲ +13.3% vs 2021
2023: €311k▲ +43.0% vs 2022
2024: €388k▲ +24.9% vs 2023highest in 5 years
Operating result€37k-€33k▼ 10.4%€44k▲ 33.6%€162k▲ 271%€125k▼ 23.1%
2020: €37k
2021: €33k▼ -10.4% vs 2020lowest in 5 years
2022: €44k▲ +33.6% vs 2021
2023: €162k▲ +271% vs 2022highest in 5 years
2024: €125k▼ -23.1% vs 2023
Net result€29k-€21k▼ 26.6%€26k▲ 21.9%€93k▲ 266%€77k▼ 17.2%
2020: €29k
2021: €21k▼ -26.6% vs 2020lowest in 5 years
2022: €26k▲ +21.9% vs 2021
2023: €93k▲ +266% vs 2022highest in 5 years
2024: €77k▼ -17.2% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.37M
Fixed assets
€1.27M ▼ 3.0%
Current assets
€106k ▲ 9.7%
Equity and liabilities €1.37M
Equity
€388k ▲ 24.9%
Debt
€984k ▼ 9.8%
Debt's share of the balance-sheet total falls from 77.8% to 71.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€199k▲
2023 · €192k
Cash flow
€152k▲
2023 · €123k
Current ratio
0.76▲
2023 · 0.67
Debt to equity
2.54▼
2023 · 3.51
ROE
19.9%▼
2023 · 30.1%
ROA
5.6%▼
2023 · 6.7%
Interest coverage
12.56▲
2023 · 7.20
Debt ≤ 1 year
€139k▼
2023 · €145k
Debt > 1 year
€800k▼
2023 · €917k
Income taxes
€32k▼
2023 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.40M€1.37M▼
Fixed assets21/28€1.31M€1.27M▼
Tangible fixed assets22/27€1.31M€1.27M▼
Land and buildings22€4k€1.14M▲
Plant, machinery and equipment23€32k€21k▼
Furniture and vehicles24€24k€22k▼
Leasing and similar rights25€107k€83k▼
Assets under construction and advance payments27€1.14M€0▼
Current assets29/58€97k€106k▲
Amounts receivable within one year40/41€71k€58k▼
Trade receivables40€64k€54k▼
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€23k€48k▲
Deferred charges and accrued income490/1€2k€466▼
Equity and liabilities
Total equity and liabilities10/49€1.40M€1.37M▼
Equity10/15€311k€388k▲
Contributions10/11€19k€19k=
Reserves13€292k€369k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€290k€368k▲
Amounts payable17/49€1.09M€984k▼
Amounts payable after more than one year17€917k€800k▼
Financial debts170/4€917k€800k▼
Amounts payable within one year42/48€145k€139k▼
Current portion of amounts payable after more than one year42€70k€72k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€15k€831▼
Suppliers440/4€15k€831▼
Taxes, remuneration and social security45€53k€64k▲
Taxes450/3€51k€56k▲
Remuneration and social security454/9€3k€8k▲
Other amounts payable47/48€7k€3k▼
Accrued charges and deferred income492/3€30k€45k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€74k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€585€0▼
Gross operating margin9900€195k€203k▲
Operating profit (loss)9901€162k€125k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€27k€16k▼
Recurring financial charges65€27k€16k▼
Profit (loss) for the period before taxes9903€136k€109k▼
Income taxes67/77€42k€32k▼
Profit (loss) for the period9904€93k€77k▼
Profit (loss) for the period to be appropriated9905€93k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€77k▼
Transfer to equity691/2€93k€77k▼
To other reserves6921€93k€77k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €11k | €13k | €29k | €74k | ▲ 153% |
| Other operating charges640/8 | - | €968 | €1k | €3k | €4k | ▲ 40.1% |
| Non-recurring operating charges66A | - | - | - | €585 | €0 | ▼ 100% |
| Gross operating margin9900 | €41k | €45k | €58k | €195k | €203k | ▲ 4.1% |
| Operating profit (loss)9901 | €37k | €33k | €44k | €162k | €125k | ▼ 23.1% |
| Financial income75/76B | - | €1 | €0 | €0 | - | - |
| Recurring financial income75 | - | €1 | €0 | €0 | - | - |
| Financial charges65/66B | - | €1k | €6k | €27k | €16k | ▼ 40.5% |
| Recurring financial charges65 | €1k | €1k | €6k | €27k | €16k | ▼ 40.5% |
| Profit (loss) for the period before taxes9903 | €35k | €31k | €38k | €136k | €109k | ▼ 19.7% |
| Income taxes67/77 | €7k | €10k | €12k | €42k | €32k | ▼ 25.2% |
| Profit (loss) for the period9904 | €29k | €21k | €26k | €93k | €77k | ▼ 17.2% |
| Profit (loss) for the period to be appropriated9905 | €29k | €21k | €26k | €93k | €77k | ▼ 17.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €192k | €211k | €692k | €1.40M | €1.37M | ▼ 2.1% |
| Fixed assets21/28 | €56k | €61k | €560k | €1.31M | €1.27M | ▼ 3.0% |
| Tangible fixed assets22/27 | €56k | €61k | €560k | €1.31M | €1.27M | ▼ 3.0% |
| Land and buildings22 | - | €6k | €5k | €4k | €1.14M | ▲ 25,595% |
| Plant, machinery and equipment23 | - | €45k | €36k | €32k | €21k | ▼ 33.5% |
| Furniture and vehicles24 | - | €10k | €9k | €24k | €22k | ▼ 9.3% |
| Leasing and similar rights25 | - | - | - | €107k | €83k | ▼ 23.0% |
| Assets under construction and advance payments27 | - | - | €510k | €1.14M | €0 | ▼ 100% |
| Current assets29/58 | €137k | €151k | €132k | €97k | €106k | ▲ 9.7% |
| Amounts receivable within one year40/41 | €29k | €42k | €69k | €71k | €58k | ▼ 18.4% |
| Trade receivables40 | - | €40k | €61k | €64k | €54k | ▼ 15.5% |
| Other amounts receivable41 | - | €1k | €8k | €7k | €4k | ▼ 46.2% |
| Cash at bank and in hand54/58 | €103k | €104k | €58k | €23k | €48k | ▲ 103% |
| Deferred charges and accrued income490/1 | - | €5k | €4k | €2k | €466 | ▼ 78.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €192k | €211k | €692k | €1.40M | €1.37M | ▼ 2.1% |
| Equity10/15 | €171k | €192k | €217k | €311k | €388k | ▲ 24.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €152k | €173k | €199k | €292k | €369k | ▲ 26.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €171k | €197k | €290k | €368k | ▲ 26.7% |
| Amounts payable17/49 | €22k | €20k | €475k | €1.09M | €984k | ▼ 9.8% |
| Amounts payable after more than one year17 | - | - | €288k | €917k | €800k | ▼ 12.7% |
| Financial debts170/4 | - | - | €288k | €917k | €800k | ▼ 12.7% |
| Amounts payable within one year42/48 | €22k | €20k | €171k | €145k | €139k | ▼ 4.0% |
| Current portion of amounts payable after more than one year42 | - | - | €44k | €70k | €72k | ▲ 3.2% |
| Financial debts43 | - | - | €3k | €0 | - | - |
| Credit institutions430/8 | - | - | €3k | €0 | - | - |
| Trade debts44 | €10k | €6k | €34k | €15k | €831 | ▼ 94.6% |
| Suppliers440/4 | - | €6k | €34k | €15k | €831 | ▼ 94.6% |
| Taxes, remuneration and social security45 | - | €11k | €5k | €53k | €64k | ▲ 19.2% |
| Taxes450/3 | - | €10k | €2k | €51k | €56k | ▲ 10.3% |
| Remuneration and social security454/9 | - | €1k | €3k | €3k | €8k | ▲ 200% |
| Other amounts payable47/48 | - | €3k | €86k | €7k | €3k | ▼ 52.7% |
| Accrued charges and deferred income492/3 | - | - | €15k | €30k | €45k | ▲ 50.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29k | €21k | €26k | €93k | €77k | ▼ 17.2% |
| + Depreciation and write-downs630 | €3k | €11k | €13k | €29k | €74k | ▲ 153% |
| Operating cash flow (approximation) | €32k | €32k | €39k | €123k | €152k | ▲ 23.5% |
| Investment in fixed assets (approximation) | - | €-16k | €-512k | €-775k | €-35k | ▲ 95.5% |
| Change in cash | - | €1k | €-46k | €-35k | €24k | ▲ 170% |
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
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Equity above €200kEq €217k ▲13.3%
5 profitable years in a row build equity to €217k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €171k ▲20.1%
3 profitable years in a row build equity to €171k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €18k ▼83.1%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Heist-op-den-Berg · 1 establishment unit since 2017
Ground area
1,396 m²
Building footprint
141 m²
Volume, LiDAR
715 m³
Parcel 12006D0723/00E002, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MAN2PRO
since 20172.270.054.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12006D0723/00E002 | Flanders | 1,396 m² | 1 · 141 m² | 9.6 m · 1 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
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R en G CONSULTANTS
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DVH Management
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Balen · Eq €388,002
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,587 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
Founded30-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.