MANAL
ActiveSummary
The computed 12-month bankruptcy probability of MANAL is 8.7% (elevated). For MANAL, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€7,210) and a net result of -€3,175. Its solvency ranks better than 5% of 24624 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth38
Track record94
Bankruptcy probability, 12 months
8.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Age of the figures
Age of the figures
39 mo
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 05-03-2024, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
34 d late
2022
71 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 53 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€10,488▼ 60.6%
2022 · €26,616
EBIT margin
-28.5%▼ 17.2pp
2022 · -11.4%
Net result
-€3,175▲ 0.6%
2022 · -€3,195
Working capital
-€7,210▼ 126%
2022 · -€3,195
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Turnover€26,616-€10,488▼ 60.6%
Operating result-€3,026--€2,991▲ 1.1%
Net result-€3,195within the sector's middle half--€3,175within the sector's middle half▲ 0.6%
EBIT margin-11.4%--28.5%▼ 17.2pp
Equity-€3,195below the sector's middle half--€7,210below the sector's middle half▼ 126%
Total assets€8,629below the sector's middle half-€31below the sector's middle half▼ 99.6%
Debt€11,824-€7,241▼ 38.8%
Working capital-€3,195within the sector's middle half--€7,210within the sector's middle half▼ 126%
Solvency-37.0%below the sector's middle half-
Current ratio0.73below the sector's middle half-
Return on assets (ROA)-37.0%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,991 in 2023 against €3,026 in 2022; the loss shrinks.
Key figures and ratios
Debt ≤ 1 year
€7,241▼
2022 · €11,824
Staff costs
€330▲
2022 · €241
Ratios withheld: a balance sheet total of €31 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Turnover70 | €26,616 | €10,488 | ▼ 60.6% |
| Goods, raw materials, services and sundry goods60/61 | €29,297 | €16,822 | ▼ 42.6% |
| Remuneration, social security and pensions62 | €241 | €330 | ▲ 37.0% |
| Other operating charges640/8 | €104 | €328 | ▲ 215% |
| Gross operating margin9900 | -€2,681 | -€2,333 | ▲ 13.0% |
| Operating profit (loss)9901 | -€3,026 | -€2,991 | ▲ 1.1% |
| Financial charges65/66B | €168 | €184 | ▲ 9.0% |
| Recurring financial charges65 | €168 | €184 | ▲ 9.0% |
| Profit (loss) for the period before taxes9903 | -€3,195 | -€3,175 | ▲ 0.6% |
| Profit (loss) for the period9904 | -€3,195 | -€3,175 | ▲ 0.6% |
| Profit (loss) for the period to be appropriated9905 | -€3,195 | -€3,175 | ▲ 0.6% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €8,629 | €31 | ▼ 99.6% |
| Current assets29/58 | €8,629 | €31 | ▼ 99.6% |
| Amounts receivable within one year40/41 | €8,547 | €1 | ▼ 100.0% |
| Other amounts receivable41 | €8,547 | €1 | ▼ 100.0% |
| Cash at bank and in hand54/58 | €83 | €31 | ▼ 63.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €8,629 | €31 | ▼ 99.6% |
| Equity10/15 | -€3,195 | -€7,210 | ▼ 126% |
| Profit (loss) carried forward14 | -€3,195 | -€7,210 | ▼ 126% |
| Amounts payable17/49 | €11,824 | €7,241 | ▼ 38.8% |
| Amounts payable within one year42/48 | €11,824 | €7,241 | ▼ 38.8% |
| Current portion of amounts payable after more than one year42 | €11,824 | - | - |
| Trade debts44 | - | €1,951 | - |
| Suppliers440/4 | - | €1,951 | - |
| Other amounts payable47/48 | - | €5,290 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€3,195 | -€3,175 | ▲ 0.6% |
| Operating cash flow (approximation) | -€3,195 | -€3,175 | ▲ 0.6% |
| Change in cash | - | -€52 | - |
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
2024
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
2023
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Gent · 1 establishment unit since 2021
Ground area
63 m²
Building footprint
47 m²
Volume, LiDAR
471 m³
Parcel 44816K0592/00W003, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MANAL
since 20212.315.537.577
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0592/00W003 | Flanders | 63 m² | 1 · 46 m² | 13.4 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 4,720 EUR awarded · 4,720 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 720 EUR | 720 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Similar companies · same sector and region
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,271 companies in sector 47512 we hold annual accounts for 581. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-03-2021
Fiscal year end30-06
Activities, NACEBEL 2025
47512Retail sale of household textiles and bedding
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47519Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0764866873
Also
9925:BE0764866873
Registered
13-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.