MANA ASI
ActiveThe computed 12-month bankruptcy probability of MANA ASI is 1.8% (moderate). The 2025 annual accounts show equity of €100 and a net result of €48k. Equity is shrinking by ~17.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 10% of 16941 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency13▼-71
Growth32=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.09 against 1.9 in 2024), and 99.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.1%
Return on assets
28.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 16941 sector peers (2025).
NBB · sector comparisonPosition among 16941 sector peers
Solvency
better than 10%
← 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 13-07-2026, 18 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
18 d early
2024
30 d late
2023
30 d late
2022
31 d late
2021
35 d late
2020
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100▼ 99.7%
2024 · €29k
2020: €51k
2021: €56k
2022: €63k
2023: €80k
2024: €29k
2020 → 2025
Total assets
€170k▲ 149%
2024 · €68k
2020: €126k
2021: €102k
2022: €125k
2023: €142k
2024: €68k
2020 → 2025
Net result
€48k▲ 446%
2024 · €9k
2020: €51k
2021: €5k
2022: €7k
2023: €16k
2024: €9k
2020 → 2025
Working capital
€9k▼ 63.7%
2024 · €23k
2020: €43k
2021: €48k
2022: €57k
2023: €76k
2024: €23k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€63k▲ 12.6%€80k▲ 25.9%€29k▼ 64.1%€100▼ 99.7%
Operating result€8k-€12k▲ 52.3%€24k▲ 94.3%€19k▼ 22.0%€68k▲ 260%
Net result€5k-€7k▲ 34.7%€16k▲ 131%€9k▼ 46.1%€48k▲ 446%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 260% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €170k
Fixed assets
€68k▲ 256%
Current assets
€102k▲ 107%
Equity and liabilities €170k
Equity
€100▼ 99.7%
Debt
€170k▲ 328%
The debt ratio rises from 58.1% to 99.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€74k▲
2024 · €28k
Cash flow
€54k▲
2024 · €18k
Solvency
0.1%▼
2024 · 41.9%
Current ratio
1.09▼
2024 · 1.90
Quick ratio
1.09▼
2024 · 1.90
ROA
28.4%▲
2024 · 12.9%
Interest coverage
23.45▲
2024 · 11.06
Debt
€170k▲
2024 · €40k
Debt ≤ 1 year
€94k▲
2024 · €26k
Debt > 1 year
€76k▲
2024 · €14k
Income taxes
€16k▲
2024 · €7k
Staff costs
€126k
Equity ratios withheld: equity of €100 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€68k€170k▲
Fixed assets21/28€19k€68k▲
Intangible fixed assets21€767€767=
Tangible fixed assets22/27€18k€67k▲
Plant, machinery and equipment23€15k€13k▼
Furniture and vehicles24€4k€55k▲
Current assets29/58€49k€102k▲
Amounts receivable within one year40/41€22k€38k▲
Trade receivables40€22k€38k▲
Other amounts receivable41-€68
Cash at bank and in hand54/58€26k€63k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€68k€170k▲
Equity10/15€29k€100▼
Contributions10/11€100€100=
Reserves13€29k-
Distributable reserves133€29k-
Amounts payable17/49€40k€170k▲
Amounts payable after more than one year17€14k€76k▲
Financial debts170/4€14k€76k▲
Amounts payable within one year42/48€26k€94k▲
Current portion of amounts payable after more than one year42€4k€24k▲
Trade debts44-€7k
Suppliers440/4-€7k
Taxes, remuneration and social security45€21k€63k▲
Taxes450/3€21k€33k▲
Remuneration and social security454/9-€30k
Other amounts payable47/48€68-
Income statement
Code20242025
Remuneration, social security and pensions62-€126k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€6k▼
Other operating charges640/8€564€582▲
Gross operating margin9900€28k€200k▲
Operating profit (loss)9901€19k€68k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€16k€64k▲
Income taxes67/77€7k€16k▲
Profit (loss) for the period9904€9k€48k▲
Profit (loss) for the period to be appropriated9905€9k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€48k▲
Transfer from equity791/2€51k€29k▼
Profit to be distributed694/7€60k€77k▲
Return on contributions (dividend)694€60k€77k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
04-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 35 days late
2021
31-12
Financial
Weakest financial yearnet €5k ▼89.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brunehaut · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Monument(W-V) 67620 BrunehautGround area
1,807 m²
Building footprint
135 m²
Parcel 57089C0491/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MANA ASI
since 20192.296.477.572
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57089C0491/00C000 | Wallonia | 1,807 m² | 1 · 135 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,656. 9 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2019
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.