MANAGEMENT TWENTY TWO
ActiveThe computed 12-month bankruptcy probability of MANAGEMENT TWENTY TWO is 2.2% (moderate). The 2025 annual accounts show negative equity (€-302k) and a net result of €-146k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 13270 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-3
Solvency1▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.49 in 2024; short-term debt: 88.7% and cash: 0.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-24.2%
Return on assets
-11.7%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-302k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
13 d early
2024
26 d early
2023
31 d late
2022
8 d late
2021
31 d late
2020
4 d late
2019
8 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-302k▼ 93.3%
2024 · €-156k
2018: €29k
2019: €22k
2020: €12k
2021: €24k
2022: €11k
2023: €729
2024: €-156k
2018 → 2025
Total assets
€1.25M▼ 27.9%
2024 · €1.73M
2018: €703k
2019: €893k
2020: €861k
2021: €763k
2022: €864k
2023: €839k
2024: €1.73M
2018 → 2025
Net result
€-146k▲ 7.1%
2024 · €-157k
2018: €477
2019: €-7k
2020: €-10k
2021: €11k
2022: €-9k
2023: €-10k
2024: €-157k
2018 → 2025
Working capital
€-798k▼ 11.8%
2024 · €-714k
2018: €-57k
2019: €-81k
2020: €-94k
2021: €-80k
2022: €-84k
2023: €-107k
2024: €-714k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€11k▼ 53.5%€729▼ 93.4%€-156k€-302k▼ 93.3%
Operating result€19k-€23k▲ 23.6%€361▼ 98.5%€-152k€-98k▲ 35.3%
Net result€11k-€-9k€-10k▼ 9.3%€-157k▼ 1,419%€-146k▲ 7.1%
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 stays negative: a loss of €98k in 2025 against €152k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€940k▼ 8.9%
Current assets
€308k▼ 56.0%
Key figures and ratios
EBITDA
€371▲
2024 · €-48k
Cash flow
€-47k▲
2024 · €-54k
Solvency
-24.2%▼
2024 · -9.0%
Current ratio
0.28▼
2024 · 0.49
Quick ratio
0.26▼
2024 · 0.49
Debt / equity
-5.13▲
2024 · -12.08
ROA
-11.7%▼
2024 · -9.1%
Interest coverage
0.01▲
2024 · -7.02
Debt
€1.55M▼
2024 · €1.89M
Debt ≤ 1 year
€1.11M▼
2024 · €1.41M
Debt > 1 year
€443k▼
2024 · €473k
Income taxes
€139▲
2024 · €137
Staff costs
€36k▼
2024 · €64k
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€1.73M€1.25M▼
Fixed assets21/28€1.03M€940k▼
Tangible fixed assets22/27€1.01M€914k▼
Land and buildings22€846k€818k▼
Plant, machinery and equipment23€100k€63k▼
Leasing and similar rights25€21k€2k▼
Other tangible fixed assets26€38k€31k▼
Financial fixed assets28€26k€26k=
Current assets29/58€700k€308k▼
Stocks and contracts in progress3€8k€19k▲
Stocks30/36€8k€19k▲
Amounts receivable within one year40/41€666k€280k▼
Trade receivables40€513k€99k▼
Other amounts receivable41€154k€181k▲
Cash at bank and in hand54/58€12k€9k▼
Deferred charges and accrued income490/1€15k€668▼
Equity and liabilities
Total equity and liabilities10/49€1.73M€1.25M▼
Equity10/15€-156k€-302k▼
Contributions10/11€20k€20k=
Reserves13€9k€9k=
Non-distributable reserves130/1€450€450=
Reserves not available under the articles1311€450€450=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-185k€-331k▼
Amounts payable17/49€1.89M€1.55M▼
Amounts payable after more than one year17€473k€443k▼
Financial debts170/4€473k€443k▼
Amounts payable within one year42/48€1.41M€1.11M▼
Current portion of amounts payable after more than one year42€45k€29k▼
Financial debts43€47k-
Credit institutions430/8€2-
Other loans439€47k-
Trade debts44€339k€88k▼
Suppliers440/4€339k€88k▼
Advances received on contracts in progress46€186k€2k▼
Taxes, remuneration and social security45€51k€19k▼
Taxes450/3€37k€15k▼
Remuneration and social security454/9€14k€4k▼
Other amounts payable47/48€747k€969k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€64k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€98k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€6k▲
Other operating charges640/8€7k€6k▼
Gross operating margin9900€26k€48k▲
Operating profit (loss)9901€-152k€-98k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€7k€49k▲
Recurring financial charges65€7k€49k▲
Profit (loss) for the period before taxes9903€-157k€-146k▲
Income taxes67/77€137€139▲
Profit (loss) for the period9904€-157k€-146k▲
Profit (loss) for the period to be appropriated9905€-157k€-146k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-185k€-331k▼
Profit (loss) brought forward from the previous period14P€-28k€-185k▼
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
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-157k
Net result drops to €-157k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 8 days late
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Knokke-Heist · 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.
Platanen 158300 Knokke-HeistGround area
1,358 m²
Building footprint
249 m²
Volume, LiDAR
1,728 m³
Parcel 31039E0119/00X004, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MANAGEMENT 22
since 20192.287.403.223
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0119/00X004 | Flanders | 1,358 m² | 1 · 249 m² | 10.9 m · 2 fl. |
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 20,495 companies in sector 56111 we hold annual accounts for 11,462. 1,219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2016
Fiscal year end30-09
Abbreviation NL
MANAGEMENT 22
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
73300Public relations and communication consultancy
60310News agency activities
63910Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
73120Media representation
74901Other professional, scientific and technical activities
74991Agents and managers of artists, athletes and other public figures
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.