MANALI
ActiveSummary
MANALI has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€194,520) and a net result of -€1,073. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €373 | - | - |
| Other operating charges640/8 | - | €358 | €373 | - | - | - |
| Gross operating margin9900 | -€1,266 | -€2,117 | -€1,925 | -€773 | -€1,073 | ▼ 38.8% |
| Operating profit (loss)9901 | -€1,613 | -€2,475 | -€2,298 | -€773 | -€1,073 | ▼ 38.8% |
| Financial charges65/66B | - | €109 | - | - | - | - |
| Recurring financial charges65 | - | €109 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,613 | -€2,584 | -€2,298 | -€773 | -€1,073 | ▼ 38.8% |
| Profit (loss) for the period9904 | -€1,613 | -€2,584 | -€2,298 | -€773 | -€1,073 | ▼ 38.8% |
| Profit (loss) for the period to be appropriated9905 | -€1,613 | -€2,584 | -€2,298 | -€773 | -€1,073 | ▼ 38.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,154 | €968 | €968 | - | €225 | - |
| Current assets29/58 | €1,154 | €968 | €968 | - | €225 | - |
| Amounts receivable within one year40/41 | - | - | - | - | €225 | - |
| Other amounts receivable41 | - | - | - | - | €225 | - |
| Cash at bank and in hand54/58 | €39 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | €968 | €968 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,154 | €968 | €968 | - | €225 | - |
| Equity10/15 | -€187,792 | -€190,376 | -€192,674 | -€193,447 | -€194,520 | ▼ 0.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Profit (loss) carried forward14 | -€206,392 | -€208,976 | -€211,274 | -€212,047 | -€213,120 | ▼ 0.5% |
| Amounts payable17/49 | €188,946 | €191,344 | €193,642 | €193,447 | €194,745 | ▲ 0.7% |
| Amounts payable within one year42/48 | €188,946 | €191,344 | €193,642 | €193,447 | €194,745 | ▲ 0.7% |
| Trade debts44 | €347 | - | €430 | - | €104 | - |
| Suppliers440/4 | - | - | €430 | - | €104 | - |
| Other amounts payable47/48 | - | €191,344 | €193,212 | €193,447 | €194,641 | ▲ 0.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,613 | -€2,584 | -€2,298 | -€773 | -€1,073 | ▼ 38.8% |
| Operating cash flow (approximation) | -€1,613 | -€2,584 | -€2,298 | -€773 | -€1,073 | ▼ 38.8% |
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
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.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B1669/00A000 | Brussels | 1.6 ha | 1 · 1.6 ha | 63.3 m · 7 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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.