MANAN ABDUL
ActiveSummary
The computed 12-month bankruptcy probability of MANAN ABDUL is 1.5% (moderate). The 2024 annual accounts show equity of €15,161 and a net result of -€162. Equity is shrinking by ~8.8% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability36▼-23
Solvency98▲+49
Growth35▼-13
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 3.49 against 1.28 in 2023; short-term debt: 26.5% and cash: 35.6% of total assets), and 26.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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
73.5%
Return on assets
-0.8%
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 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
44 d early
2023
57 d early
2022
24 d early
2021
30 d late
2020
117 d late
2019
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€496,442▲ 18.1%
2023 · €420,400
EBIT margin
-0.1%▼ 1.4pp
2023 · 1.4%
Net result
-€162
2023 · €5,588
Working capital
€13,621▼ 1.2%
2023 · €13,783
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€328,839▼ 15.4%€498,292▲ 51.5%€420,400€496,442▲ 18.1%
Operating result-€193€3,195-€19,972€5,719-€338
Net result-€268within the sector's middle half€2,012within the sector's middle half-€20,365below the sector's middle half€5,588within the sector's middle half-€162within the sector's middle half
EBIT margin-0.1%▼ 0.3pp0.6%▲ 0.7pp1.4%-0.1%▼ 1.4pp
Equity€28,088within the sector's middle half▼ 0.9%€30,100within the sector's middle half▲ 7.2%€9,736within the sector's middle half▼ 67.7%€15,323within the sector's middle half▲ 57.4%€15,161within the sector's middle half▼ 1.1%
Total assets€36,648below the sector's middle half▲ 23.4%€37,127below the sector's middle half▲ 1.3%€28,403below the sector's middle half▼ 23.5%€63,944within the sector's middle half▲ 125%€20,637below the sector's middle half▼ 67.7%
Debt€8,560▲ 534%€7,027▼ 17.9%€18,668▲ 166%€48,621▲ 160%€5,475▼ 88.7%
Working capital€26,548within the sector's middle half▼ 1.0%€28,560within the sector's middle half▲ 7.6%€8,196within the sector's middle half▼ 71.3%€13,783within the sector's middle half▲ 68.2%€13,621within the sector's middle half▼ 1.2%
Solvency76.6%above the sector's middle half▼ 18.8pp81.1%above the sector's middle half▲ 4.4pp34.3%within the sector's middle half▼ 46.8pp24.0%within the sector's middle half▼ 10.3pp73.5%above the sector's middle half▲ 49.5pp
Current ratio4.10above the sector's middle half▼ 16.775.06above the sector's middle half▲ 0.961.44within the sector's middle half▼ 3.631.28within the sector's middle half▼ 0.163.49above the sector's middle half▲ 2.20
Return on assets (ROA)-0.7%within the sector's middle half▼ 4.0pp5.4%within the sector's middle half▲ 6.2pp-71.7%below the sector's middle half▼ 77.1pp8.7%within the sector's middle half▲ 80.4pp-0.8%within the sector's middle half▼ 9.5pp
Staff (FTE)0.1below 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 turns negative in 2024: a loss of €338 after €5,719 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20,637
Fixed assets
€1,540 =
Current assets
€19,097 ▼ 69.4%
Equity and liabilities €20,637
Equity
€15,161 ▼ 1.1%
Debt
€5,475 ▼ 88.7%
Debt's share of the balance-sheet total falls from 76.0% to 26.5%. Equity and debt are lower.
Key figures and ratios
Quick ratio
1.36▲
2023 · 1.07
Debt to equity
0.36▼
2023 · 3.17
ROE
-1.1%▼
2023 · 36.5%
Debt ≤ 1 year
€5,475▼
2023 · €48,621
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.5% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,910 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €328,839 | €498,292 | - | €420,400 | €496,442 | ▲ 18.1% |
| Goods, raw materials, services and sundry goods60/61 | - | €495,546 | - | €413,304 | €497,919 | ▲ 20.5% |
| Other operating charges640/8 | - | €752 | €1,127 | €1,376 | €1,261 | ▼ 8.4% |
| Gross operating margin9900 | €6,450 | €3,946 | -€18,844 | €7,095 | €923 | ▼ 87.0% |
| Operating profit (loss)9901 | -€193 | €3,195 | -€19,972 | €5,719 | -€338 | ▼ 106% |
| Financial income75/76B | - | - | €5 | - | €359 | - |
| Recurring financial income75 | - | - | €5 | - | €359 | - |
| Financial charges65/66B | - | €1 | €78 | €131 | €183 | ▲ 39.6% |
| Recurring financial charges65 | €75 | €1 | €78 | €131 | €183 | ▲ 39.6% |
| Profit (loss) for the period before taxes9903 | -€268 | €3,194 | -€20,044 | €5,588 | -€162 | ▼ 103% |
| Income taxes67/77 | - | €1,182 | €321 | - | - | - |
| Profit (loss) for the period9904 | -€268 | €2,012 | -€20,365 | €5,588 | -€162 | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | -€268 | €2,012 | -€20,365 | €5,588 | -€162 | ▼ 103% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,648 | €37,127 | €28,403 | €63,944 | €20,637 | ▼ 67.7% |
| Fixed assets21/28 | €1,540 | €1,540 | €1,540 | €1,540 | €1,540 | = |
| Financial fixed assets28 | €1,540 | €1,540 | €1,540 | €1,540 | €1,540 | = |
| Current assets29/58 | €35,108 | €35,587 | €26,863 | €62,404 | €19,097 | ▼ 69.4% |
| Stocks and contracts in progress3 | €33,466 | €33,393 | €13,308 | €10,265 | €11,656 | ▲ 13.6% |
| Stocks30/36 | - | €33,393 | €13,308 | €10,265 | €11,656 | ▲ 13.6% |
| Amounts receivable within one year40/41 | €471 | €1,955 | €13,443 | €45,976 | - | - |
| Trade receivables40 | - | - | €10,660 | €42,430 | - | - |
| Other amounts receivable41 | - | €1,955 | €2,783 | €3,546 | - | - |
| Cash at bank and in hand54/58 | €401 | €240 | €112 | €5,917 | €7,347 | ▲ 24.2% |
| Deferred charges and accrued income490/1 | - | - | - | €246 | €93 | ▼ 62.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,648 | €37,127 | €28,403 | €63,944 | €20,637 | ▼ 67.7% |
| Equity10/15 | €28,088 | €30,100 | €9,736 | €15,323 | €15,161 | ▼ 1.1% |
| Contributions10/11 | - | €15,200 | €15,200 | €15,200 | €15,200 | = |
| Reserves13 | €4,330 | €4,330 | €4,330 | €4,330 | €4,330 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €2,470 | €2,470 | €2,470 | €2,470 | = |
| Profit (loss) carried forward14 | €8,558 | €10,570 | -€9,794 | -€4,207 | -€4,369 | ▼ 3.9% |
| Amounts payable17/49 | €8,560 | €7,027 | €18,668 | €48,621 | €5,475 | ▼ 88.7% |
| Amounts payable within one year42/48 | €8,560 | €7,027 | €18,668 | €48,621 | €5,475 | ▼ 88.7% |
| Financial debts43 | - | - | €839 | - | - | - |
| Credit institutions430/8 | - | - | €839 | - | - | - |
| Trade debts44 | €4,554 | €3,331 | €15,799 | €46,904 | €4,414 | ▼ 90.6% |
| Suppliers440/4 | - | €3,331 | €15,799 | €46,904 | €4,414 | ▼ 90.6% |
| Taxes, remuneration and social security45 | - | €2,155 | €1,571 | €990 | €890 | ▼ 10.1% |
| Taxes450/3 | - | €2,150 | €1,571 | - | €890 | - |
| Remuneration and social security454/9 | - | €5 | - | €990 | - | - |
| Other amounts payable47/48 | - | €1,540 | €459 | €727 | €171 | ▼ 76.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€268 | €2,012 | -€20,365 | €5,588 | -€162 | ▼ 103% |
| Operating cash flow (approximation) | -€268 | €2,012 | -€20,365 | €5,588 | -€162 | ▼ 103% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€162 | -€127 | €5,805 | €1,430 | ▼ 75.4% |
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
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 3.49
Current ratio from 1.28 to 3.49; short-term debt falls from €48,621 to €5,475.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5,588
Net result €5,588 after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€20,365
Net result drops to -€20,365, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €2,012
Net result €2,012 after one loss-making year.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
31-12
Financial
Liquidity times 6current ratio 20.87
Current ratio from 3.32 to 20.87; short-term debt falls from €11,203 to €1,350.
Show earlier events
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Anderlues · 2 establishment units since 2011
Ground area
897 m²
Building footprint
543 m²
Volume, LiDAR
5,029 m³
2 parcels, Wallonia · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Manan Abdul
since 20112.198.257.550
Manan Abdul
since 20122.215.767.733
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56001B0572/00D002indicative | Wallonia | 816 m² | 1 · 463 m² | 13.1 m · 3 fl. |
| 56001B0139/00C002 | Wallonia | 81 m² | 1 · 80 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels 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
2 sitesAnderlues2.198.257.550
Anderlues2.215.767.733
Similar companies · same sector, comparable size
LIBAN MARKET
BE 0730.730.890
Brussel · Eq €15,156
RBS TRADING
BE 0724.498.542
Anderlecht · Eq €15,155
SRF BUSINESS
BE 0798.840.629
Elsene · Eq €15,152
AL'BINETE HACCOURT
BE 0632.469.296
Liège · Eq €15,143
EURO BANGLA TRADING COMPANY
BE 0466.318.986
Elsene · Eq €15,136
Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 3,894 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
Founded04-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0835166238
Also
9925:BE0835166238
Registered
02-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.