MANAL

Active

Private limited companyfounded 2013active for 13 yearsHoogstraat 55, 2800 Mechelen, BelgiumKBO/BCE: BE 0534.510.085

Summary

The computed 12-month bankruptcy probability of MANAL is 1.6% (moderate). The 2024 annual accounts show equity of €129,009 and a net result of €7,584. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 42% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MANALActiveChecked score 55/100

Risk analysis Report Compare

Activity

Retail sale of meat and meat products, excluding game and poultry

NACE 47221

1 site

Size

€561,559total assets 2024

Equity: €129,009
Profit: €7,584

Financial health

55 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 1.6%

Structure

AISSAOUI SaidDirector

2025 accounts not filed, 87 days past the deadline1 of 3 deeds summarised

Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 23-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 78 days late; 1 of the last 3 latelowers riskFounded in 2013Size: total assets €561,559Show the evidence

Checked score

Score 2024

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 45% of its sector peers (NACE 47, micro)

A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 48-22

equity 23.0% of total assets

Liquidity 39-22

short-term debt 77.0% · cash 24.8%

Profitability 70-11

return on assets 1.4%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,246 companies, NACE 47, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.1%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%▲ +0.3 percentage points vs 09-2025 11-2025: 0.4%▼ -0.3 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.6%▲ +0.7 percentage points vs 09-2026highest value

Credit of up to €7,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.27, compared with 1.76 in 2023, below the usual 1.5; short-term debt: 77% and cash: 24.8% of total assets), and 77% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 39% on solvency, 37% on liquidity, 52% on profitability and 54% on growth.

The bankruptcy probability was computed on 26-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed 23-10-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 78 days late; 1 of the last 3 late

NBB · filings

Founded in 2013

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €561,559

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 78 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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

not filed

2024

78 days late

2023

49 days early

2022

9 days late

2021

24 days late

2020

31 days late

2019

60 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 26 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

17-10-2025 Annual accounts filedfinancial year 2024 · micro…
12-06-2024 Annual accounts filedfinancial year 2023 · micro…
31-12-2023 Highest result from 2018 to 2024net €26,573 ▲107%

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Among the largest 7% on gross marginsector median €31,757 · 25,503 companies €226,212 View
Positive: 7 profitable years in a rowprofit 2024: €7,584 7 years View

By topic

Financials

Financial year: 2024
Total assets: €561,559
Profit: €7,584
Solvency: 23.0%

Turnover▲ 67.8%

Net result

20182022

Go to Financials

Board & ownership

Board: 1 member

AISSAOUI SaidDirector

Go to Board & ownership

Timeline

Events: 15
Since: 2015

31-12-2023Equity above €100,000
28-12-2023Resignation: AISSAOUI Said (manager and director)
09-08-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Retail sale of meat and meat products, excluding…NACE 47221
Founded: 14-05-2013
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 28

Who signs: Each director alone
Purpose: “De vennootschap heeft tot voorwerp, in binnen- en buitenland, de uitbating van een…” (deed in Dutch)

Go to Articles of association

Key facts about MANAL

What is the company number of MANAL?: 0534.510.085. In Belgium the VAT number is the company number with BE in front: BE 0534.510.085.
Where is MANAL based?: The registered office is at Hoogstraat 55, 2800 Mechelen.Company details
What does MANAL do?: According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of MANAL?: Private limited company (BV).
When was MANAL founded?: On 14-05-2013.
Is MANAL still active?: Yes, MANAL is an active enterprise in the KBO register.
What is the turnover of MANAL?: €2.4m in financial year 2022, according to the filed annual accounts.Financials
Is MANAL profitable?: In financial year 2024, MANAL made a profit of €7,584.
Where can I find the annual accounts of MANAL?: MANAL filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.