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MANASAL

Active
Avenue des Platanes 152 ·4650 Herve, Belgium
KBO/BCE: BE 0801.673.029
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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MANASAL is 0.6% (low). The 2024 annual accounts show equity of €56k and a net result of €17k. Its solvency ranks better than 41% of 12451 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€0
EBIT marginNot published (abbreviated filing)
Net result€17k-42.3%
Working capital€38k+501.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 24-06-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20k€30k€40kOperating result 2023: €37k€37kNet result 2023: €29k€29kRevenue 2024: €0€0Operating result 2024: €25k€25kNet result 2024: €17k€17k20232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 51.4% 60.6%
better than 41% of 12451 sector peers
Net result €17k €31k
better than 36% of 12453 sector peers
Equity €56k €63k
better than 46% of 12459 sector peers
Gross operating margin €39k €52k
better than 40% of 12439 sector peers
Total assets €108k €124k
better than 45% of 12452 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€0
- 23-24
EBITDA
€37k
-14.2% +188% vs sector
Net profit
€17k
-42.3% far above sector median
Cash flow
€29k
-16.7% far above sector median
Total assets
€108k
+15.4% -26% vs sector
Equity
€56k
+42.9% -58% vs sector
Working capital
€38k
+501.4% -37% vs sector
Income taxes
€5k
-38.3% +89% vs sector
Debt
€53k
-4.2% +288% vs sector
Debt ≤ 1y
€49k
-9.1% +264% vs sector
Current ratio
1.78
+59.1% -76% vs sector
Quick ratio
1.78
+59.1% -76% vs sector
Solvency
51.4%
+23.9% -43% vs sector
Debt / equity
0.95
-32.9% far above sector median
ROE
30.0%
-59.6% far above sector median
ROA
15.4%
-50.0% far above sector median
Interest coverage
11.41
-83.9% +142% vs sector
Figures by fiscal year
Fiscal year2024
Revenue€0
EBITDA€37k
Net profit€17k
Cash flow€29k
Staff costs-
Income taxes€5k
Dividends-
Total assets€108k
Equity€56k
Debt€53k
of which ≤ 1y€49k
of which > 1y-
Working capital€38k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.78
Quick ratio1.78
Working capital ratio35.5%
Solvency51.4%
Debt / equity0.95
Long-term debt ratio-
Interest coverage11.41
Gross margin-
Net margin-
ROA15.4%
ROE30.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€108k
Fixed assets 21/28€20k
Tangible fixed assets 22/27€20k
Current assets 29/58€88k
Amounts receivable within one year 40/41€11k
Cash & bank 54/58€73k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€108k
Equity 10/15€56k
Contributions / capital 10/11€10k
Reserves 13€40k
Accumulated profits (losses) 14€6k
Amounts payable 17/49€53k
Amounts payable within one year 42/48€49k
Trade debts payable within one year 44€3k
Income statement
Turnover 70€0
Gross operating margin 9900€39k
Operating result 9901€25k
Financial charges 65€3k
Result before taxes 9903€21k
Income taxes 67/77€5k
Net result for the period 9904€17k
Result to be appropriated 9905€17k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
Avenue des Platanes 152, 4650 Herve
Adviesbureaus op het gebied van public relations en communicatie
since 20232.346.151.371
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area415 m²
Buildings1
Building footprint106 m²
Volume (LiDAR)890 m³
Tallest building10.0 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63030A0393/00G000 Wallonia 415 m² 1 · 106 m² 10.0 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability100Solvency91Growth52Stability94
86 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 100
Solvency 91
Growth 52
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311Adviesbureaus op het gebied van public relations en communicatie70210Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300
Primary activity highlighted.
Names & trade names
Legal nameFR MANASAL
Registered office
Avenue des Platanes 152 bus B
4650 Herve, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.