Summary
MANAPRO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €6k and a net result of €84k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 8048 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 8048 sector peers (2025).
NBB · sector comparisonPosition among 8048 sector peers
Solvency
better than 11%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
8 d early
2024
22 d early
2023
15 d early
2022
12 d early
2021
23 d early
2020
9 d early
2019
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 92.5%
2024 · €81k
Net result
€84k▲ 4.9%
2024 · €80k
Total assets
€173k▲ 14.3%
2024 · €152k
Solvency
3.5%▼ 49.7pp
2024 · 53.2%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35k▼ 16.9%€127k▲ 267%€153k▲ 20.4%€104k▼ 32.0%€110k▲ 5.9%
Net result€27k▼ 17.1%€99k▲ 268%€118k▲ 19.6%€80k▼ 32.6%€84k▲ 4.9%
Equity€47k▼ 38.1%€146k▲ 209%€181k▲ 24.1%€81k▼ 55.5%€6k▼ 92.5%
Total assets€59k▼ 35.0%€171k▲ 190%€208k▲ 21.3%€152k▼ 27.0%€173k▲ 14.3%
Debt€12k▼ 18.5%€25k▲ 116%€26k▲ 5.2%€71k▲ 170%€167k▲ 136%
Working capital€39k▼ 44.0%€141k▲ 259%€176k▲ 24.4%€78k▼ 55.8%€-1k
Solvency80.3%▼ 4.0pp85.4%▲ 5.1pp87.3%▲ 1.9pp53.2%▼ 34.1pp3.5%▼ 49.7pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€10k ▲ 96.7%
Current assets
€163k ▲ 11.4%
Equity and liabilities €173k
Equity
€6k ▼ 92.5%
Debt
€167k ▲ 136%
Debt's share of the balance-sheet total rises from 46.8% to 96.5%. Equity is lower and debt is higher.
Key figures and ratios
ROA
48.2%▼
2024 · 52.5%
Debt ≤ 1 year
€164k▲
2024 · €69k
Income taxes
€23k▲
2024 · €22k
A ratio outside any meaningful range has been withheld (balance sheet total €173k, equity €6k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €3k | €3k | €3k | €3k | ▼ 10.1% |
| Other operating charges640/8 | €848 | €999 | €940 | €1k | €985 | ▼ 20.5% |
| Gross operating margin9900 | €41k | €131k | €157k | €108k | €114k | ▲ 5.1% |
| Operating profit (loss)9901 | €35k | €127k | €153k | €104k | €110k | ▲ 5.9% |
| Financial income75/76B | €0 | €8 | €15 | €0 | - | - |
| Recurring financial income75 | €0 | €8 | €15 | €0 | - | - |
| Financial charges65/66B | €52 | €54 | €50 | €2k | €3k | ▲ 43.9% |
| Recurring financial charges65 | €52 | €54 | €50 | €2k | €3k | ▲ 43.9% |
| Profit (loss) for the period before taxes9903 | €34k | €127k | €153k | €101k | €107k | ▲ 5.1% |
| Income taxes67/77 | €8k | €28k | €34k | €22k | €23k | ▲ 5.9% |
| Profit (loss) for the period9904 | €27k | €99k | €118k | €80k | €84k | ▲ 4.9% |
| Profit (loss) for the period to be appropriated9905 | €27k | €99k | €118k | €80k | €84k | ▲ 4.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59k | €171k | €208k | €152k | €173k | ▲ 14.3% |
| Fixed assets21/28 | €8k | €5k | €6k | €5k | €10k | ▲ 96.7% |
| Tangible fixed assets22/27 | €8k | €5k | €6k | €5k | €10k | ▲ 96.7% |
| Plant, machinery and equipment23 | €8k | €5k | €6k | €5k | €7k | ▲ 44.3% |
| Furniture and vehicles24 | €0 | - | - | €467 | €367 | ▼ 21.4% |
| Other tangible fixed assets26 | - | - | - | - | €3k | - |
| Current assets29/58 | €51k | €166k | €202k | €147k | €163k | ▲ 11.4% |
| Amounts receivable within one year40/41 | €20k | €24k | €23k | €28k | €38k | ▲ 37.7% |
| Trade receivables40 | €14k | €23k | €19k | €16k | €36k | ▲ 123% |
| Other amounts receivable41 | €6k | €198 | €4k | €11k | €2k | ▼ 82.6% |
| Cash at bank and in hand54/58 | €30k | €104k | €141k | €81k | €87k | ▲ 7.8% |
| Deferred charges and accrued income490/1 | €559 | €39k | €38k | €38k | €38k | ▼ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59k | €171k | €208k | €152k | €173k | ▲ 14.3% |
| Equity10/15 | €47k | €146k | €181k | €81k | €6k | ▼ 92.5% |
| Contributions10/11 | €19k | €19k | €19k | €1k | €1k | = |
| Reserves13 | €29k | €128k | €163k | €80k | €5k | ▼ 93.7% |
| Non-distributable reserves130/1 | €2k | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €0 | - | - | - | - |
| Distributable reserves133 | €27k | €128k | €163k | €80k | €5k | ▼ 93.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €12k | €25k | €26k | €71k | €167k | ▲ 136% |
| Amounts payable within one year42/48 | €12k | €25k | €26k | €69k | €164k | ▲ 138% |
| Financial debts43 | €67 | €621 | €3k | €2k | €236 | ▼ 85.1% |
| Credit institutions430/8 | €67 | €621 | €3k | €2k | €236 | ▼ 85.1% |
| Trade debts44 | €3k | €4k | €2k | €3k | €10k | ▲ 228% |
| Suppliers440/4 | €3k | €4k | €2k | €3k | €10k | ▲ 228% |
| Taxes, remuneration and social security45 | €9k | €21k | €21k | €11k | €12k | ▲ 1.5% |
| Taxes450/3 | €9k | €21k | €21k | €11k | €12k | ▲ 1.5% |
| Other amounts payable47/48 | €0 | - | - | €53k | €143k | ▲ 170% |
| Accrued charges and deferred income492/3 | - | - | - | €2k | €3k | ▲ 51.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €99k | €118k | €80k | €84k | ▲ 4.9% |
| + Depreciation and write-downs630 | €5k | €3k | €3k | €3k | €3k | ▼ 10.1% |
| Operating cash flow (approximation) | €32k | €102k | €122k | €83k | €87k | ▲ 4.3% |
| Investment in fixed assets (approximation) | - | €-454 | €-4k | €-3k | €-8k | ▼ 180% |
| Change in cash | - | €74k | €37k | €-60k | €6k | ▲ 111% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €118k ▲19.6%
Operating result €153k, net result €118k, both a record.
31-12
Financial
Equity above €150kEq €181k ▲24.1%
6 profitable years in a row build equity to €181k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €146k ▲209%
5 profitable years in a row build equity to €146k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet €16k ▼52.8%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 18.54
Current ratio from 3.77 to 18.54; short-term debt falls from €9k to €3k.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Wingene · 1 establishment unit since 2017
Ground area
2,065 m²
Building footprint
177 m²
Volume, LiDAR
752 m³
Parcel 37018E0513/00B000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MANAPRO
since 20172.269.505.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018E0513/00B000 | Flanders | 2,065 m² | 1 · 176 m² | 6.3 m · 1 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.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 3,689 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
Founded30-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
82990Other business support services
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.