Financials
- Fiscal year
- 2025
- Total assets
- €35,450
- Loss
- -€2,524
- Solvency
- -26.0%
Total assets▲ 11.2%
Net result
20182025
ManArt
ActiveSummary
ManArt has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€9,209) and a net result of -€2,524. Equity is shrinking by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 12348 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
What they do
Wholesale trade
NACE 46642NACE 46692
1 site
How big
€35,450total assets 2025
- Equity
- -€9,209
- Loss
- -€2,524
Turnover not published (abridged schema)
Who decides
Accounts 7 d early0 of 3 deeds read
Why 39- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equityLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability20▼-6
Solvency0▼-4
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.54 against 6.17 in 2024; short-term debt: 28.2% and cash: 9.8% of total assets), but equity is negative.
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Signals
Four 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 2025Solvency, return and age of the figures
Solvency
-26%
Return on assets
-7.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€9,209
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
31 d early
2023
33 d early
2022
31 d early
2021
21 d early
2020
31 d early
2019
31 d early
← 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 26 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€9,209 View
- Risk: 6 loss-making years in a rowloss fiscal year 2025 -€2,524 View
- Caution: Among the weakest 15% on solvencysector median 42.1% · 12,348 companies -26.0% View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 24-07-2026Annual accounts filed
- 30-06-2025Annual accounts filed
- 28-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46642
- Founded
- 20-11-2015
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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