MANAKAMANA
ActiveSummary
The computed 12-month bankruptcy probability of MANAKAMANA is 2.0% (moderate). The 2024 annual accounts show equity of €49k and a net result of €-6k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 18936 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability6▼-64
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 8.75 against 8.29 in 2023; short-term debt: 11.4% and cash: 25.8% of total assets), and 11.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
88.6%
Return on assets
-10%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 29-07-2025, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
28 d late
2022
52 d late
2020
283 d late
2017
24 d late
2016
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€49k▼ 10.1%
2023 · €55k
2020: €38klowest value
2022: €54k
2023: €55k▲ +1.4% vs 2022highest value
2024: €49k▼ -10.1% vs 2023
2020 → 2024
Total assets
€56k▼ 10.5%
2023 · €62k
2020: €40klowest value
2022: €61k
2023: €62k▲ +2.1% vs 2022highest value
2024: €56k▼ -10.5% vs 2023
2020 → 2024
Net result
€-6k
2023 · €737
2020: €11khighest value
2022: €8k
2023: €737▼ -91.1% vs 2022
2024: €-6k▼ -854% vs 2023lowest value
2020 → 2024
Working capital
€49k▼ 8.0%
2023 · €53k
2020: €36klowest value
2022: €52k
2023: €53k▲ +2.1% vs 2022highest value
2024: €49k▼ -8.0% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202220232024Trend
Equity€38k-€54k▲ 40.6%€55k▲ 1.4%€49k▼ 10.1%
2020: €38klowest value
2022: €54k
2023: €55k▲ +1.4% vs 2022highest value
2024: €49k▼ -10.1% vs 2023
Operating result€-588-€12k€1k▼ 91.0%€-8k
2020: €-588
2022: €12khighest value
2023: €1k▼ -91.0% vs 2022
2024: €-8k▼ -801% vs 2023lowest value
Net result€11k-€8k▼ 27.3%€737▼ 91.1%€-6k
2020: €11khighest value
2022: €8k
2023: €737▼ -91.1% vs 2022
2024: €-6k▼ -854% vs 2023lowest value
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €1k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €56k
Fixed assets
€90 ▼ 80.0%
Current assets
€55k ▼ 8.7%
Equity and liabilities €56k
Equity
€49k ▼ 10.1%
Debt
€6k ▼ 13.5%
Debt's share of the balance-sheet total falls from 11.8% to 11.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2023 · €1k
Cash flow
€-4k▼
2023 · €1k
Current ratio
8.75▲
2023 · 8.29
Debt to equity
0.13▼
2023 · 0.13
ROE
-11.3%▼
2023 · 1.3%
ROA
-10.0%▼
2023 · 1.2%
Interest coverage
-18.96▼
2023 · 6.48
Debt ≤ 1 year
€6k▼
2023 · €7k
Staff costs
€19k▼
2023 · €33k
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 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€62k€56k▼
Formation expenses20€913-
Fixed assets21/28€450€90▼
Tangible fixed assets22/27€450€90▼
Plant, machinery and equipment23€450€90▼
Current assets29/58€61k€55k▼
Amounts receivable within one year40/41€49k€41k▼
Other amounts receivable41€49k€41k▼
Cash at bank and in hand54/58€11k€14k▲
Equity and liabilities
Total equity and liabilities10/49€62k€56k▼
Equity10/15€55k€49k▼
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Profit (loss) carried forward14€36k€31k▼
Amounts payable17/49€7k€6k▼
Amounts payable within one year42/48€7k€6k▼
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€33k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360€1k▲
Other operating charges640/8€443€2k▲
Gross operating margin9900€34k€15k▼
Operating profit (loss)9901€1k€-8k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€227€344▲
Recurring financial charges65€227€344▲
Profit (loss) for the period before taxes9903€3k€-6k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€737€-6k▼
Profit (loss) for the period to be appropriated9905€737€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€31k▼
Profit (loss) brought forward from the previous period14P€35k€36k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €28k | €33k | €19k | ▼ 40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €270 | €360 | €1k | ▲ 253% |
| Other operating charges640/8 | €661 | €1k | €443 | €2k | ▲ 430% |
| Gross operating margin9900 | €73 | €42k | €34k | €15k | ▼ 55.7% |
| Operating profit (loss)9901 | €-588 | €12k | €1k | €-8k | ▼ 801% |
| Financial income75/76B | €16k | €2k | €2k | €3k | ▲ 10.6% |
| Recurring financial income75 | €16k | €2k | €2k | €3k | ▲ 10.6% |
| Financial charges65/66B | €212 | €249 | €227 | €344 | ▲ 51.4% |
| Recurring financial charges65 | €212 | €249 | €227 | €344 | ▲ 51.4% |
| Profit (loss) for the period before taxes9903 | €15k | €14k | €3k | €-6k | ▼ 272% |
| Income taxes67/77 | €3k | €6k | €2k | - | - |
| Profit (loss) for the period9904 | €11k | €8k | €737 | €-6k | ▼ 854% |
| Profit (loss) for the period to be appropriated9905 | €11k | €8k | €737 | €-6k | ▼ 854% |
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €40k | €61k | €62k | €56k | ▼ 10.5% |
| Formation expenses20 | €913 | €913 | €913 | - | - |
| Fixed assets21/28 | €1k | €811 | €450 | €90 | ▼ 80.0% |
| Tangible fixed assets22/27 | - | €811 | €450 | €90 | ▼ 80.0% |
| Plant, machinery and equipment23 | - | €811 | €450 | €90 | ▼ 80.0% |
| Financial fixed assets28 | €1k | - | - | - | - |
| Current assets29/58 | €38k | €59k | €61k | €55k | ▼ 8.7% |
| Stocks and contracts in progress3 | €2k | €403 | - | - | - |
| Stocks30/36 | €2k | €403 | - | - | - |
| Amounts receivable within one year40/41 | €12k | €44k | €49k | €41k | ▼ 16.7% |
| Other amounts receivable41 | €12k | €44k | €49k | €41k | ▼ 16.7% |
| Cash at bank and in hand54/58 | €24k | €15k | €11k | €14k | ▲ 26.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €40k | €61k | €62k | €56k | ▼ 10.5% |
| Equity10/15 | €38k | €54k | €55k | €49k | ▼ 10.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | - | - | €19k | - |
| Other1109/19 | €19k | - | - | €19k | - |
| Profit (loss) carried forward14 | €20k | €35k | €36k | €31k | ▼ 15.4% |
| Amounts payable17/49 | €2k | €7k | €7k | €6k | ▼ 13.5% |
| Amounts payable within one year42/48 | €2k | €7k | €7k | €6k | ▼ 13.5% |
| Trade debts44 | €686 | €2k | €2k | €5k | ▲ 114% |
| Suppliers440/4 | €686 | €2k | €2k | €5k | ▲ 114% |
| Taxes, remuneration and social security45 | €1k | €5k | €5k | €1k | ▼ 76.3% |
| Taxes450/3 | €1k | €4k | €5k | €1k | ▼ 76.3% |
| Remuneration and social security454/9 | - | €1k | - | - | - |
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €8k | €737 | €-6k | ▼ 854% |
| + Depreciation and write-downs630 | - | €270 | €360 | €1k | ▲ 253% |
| Operating cash flow (approximation) | €11k | €9k | €1k | €-4k | ▼ 490% |
| Investment in fixed assets (approximation) | - | - | €0 | €-913 | - |
| Change in cash | - | - | €-3k | €3k | ▲ 187% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 283 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
10-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Antwerpen · 1 establishment unit since 2012
Ground area
74 m²
Building footprint
72 m²
Volume, LiDAR
831 m³
Parcel 11806F1263/00S008, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Manakamana
since 20122.209.921.702
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1263/00S008 | Flanders | 74 m² | 1 · 72 m² | 16.9 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.209.921.702
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,827 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 (pre-2019)
Founded24-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.