Manaya
ActiveSummary
Manaya has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €45,399. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+54
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 0.91 in 2024; short-term debt: 5% and cash: 0% of total assets), and 5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95%
Return on assets
1.7%
Age of the figures
9 mo
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 21-05-2026, 71 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
71 d early
2024
70 d early
2023
5 d early
2022
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 29 days before 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)
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 24 June (3 of the last 4 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€2.5m▲ 3.5%
2024 · €2.4m
Total assets
€2.7m▲ 1.0%
2024 · €2.6m
Net result
€45,399
2024 · -€41,367
Working capital
€28,818
2024 · -€16,538
Trend over the years
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€77,239--€31,649-€41,176▼ 30.1%€46,173
Net result€57,924within the sector's middle half--€31,767below the sector's middle half-€41,367below the sector's middle half▼ 30.2%€45,399within the sector's middle half
Equity€2.3mabove the sector's middle half-€2.3mabove the sector's middle half▼ 1.4%€2.4mabove the sector's middle half▲ 7.4%€2.5mabove the sector's middle half▲ 3.5%
Total assets€2.4mabove the sector's middle half-€2.3mabove the sector's middle half▼ 2.0%€2.6mabove the sector's middle half▲ 12.5%€2.7mabove the sector's middle half▲ 1.0%
Debt€84,309-€67,712▼ 19.7%€191,361▲ 183%€132,292▼ 30.9%
Working capital€55,047within the sector's middle half-€24,050within the sector's middle half▼ 56.3%-€16,538below the sector's middle half€28,818within the sector's middle half
Solvency96.5%above the sector's middle half-97.1%above the sector's middle half▲ 0.6pp92.7%above the sector's middle half▼ 4.4pp95.0%above the sector's middle half▲ 2.3pp
Current ratio1.65within the sector's middle half-1.36within the sector's middle half▼ 0.300.91below the sector's middle half▼ 0.441.22within the sector's middle half▲ 0.30
Return on assets (ROA)2.4%within the sector's middle half--1.4%below the sector's middle half▼ 3.8pp-1.6%below the sector's middle half▼ 0.2pp1.7%below the sector's middle half▲ 3.3pp
above
within
below
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €46,173 after a loss of €41,176 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€2.5m ▲ 1.7%
Current assets
€161,110 ▼ 7.8%
Equity and liabilities €2.7m
Equity
€2.5m ▲ 3.5%
Debt
€132,292 ▼ 30.9%
Debt's share of the balance-sheet total falls from 7.3% to 5.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46,943▲
2024 · -€40,407
Cash flow
€46,168▲
2024 · -€40,598
Debt to equity
0.05▼
2024 · 0.08
ROE
1.8%▲
2024 · -1.7%
Interest coverage
60.64▲
2024 · -211.63
Debt ≤ 1 year
€132,292▼
2024 · €191,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €970 | €769 | €769 | €769 | = |
| Other operating charges640/8 | - | €132 | €1,218 | €1,253 | ▲ 2.8% |
| Gross operating margin9900 | €78,208 | -€30,748 | -€39,189 | €48,195 | ▲ 223% |
| Operating profit (loss)9901 | €77,239 | -€31,649 | -€41,176 | €46,173 | ▲ 212% |
| Financial charges65/66B | €7 | €118 | €191 | €774 | ▲ 305% |
| Recurring financial charges65 | €7 | €118 | €191 | €774 | ▲ 305% |
| Profit (loss) for the period before taxes9903 | €77,232 | -€31,767 | -€41,367 | €45,399 | ▲ 210% |
| Income taxes67/77 | €19,308 | €0 | - | - | - |
| Profit (loss) for the period9904 | €57,924 | -€31,767 | -€41,367 | €45,399 | ▲ 210% |
| Profit (loss) for the period to be appropriated9905 | €57,924 | -€31,767 | -€41,367 | €45,399 | ▲ 210% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.4m | €2.3m | €2.6m | €2.7m | ▲ 1.0% |
| Formation expenses20 | €2,877 | €2,108 | €1,338 | €569 | ▼ 57.5% |
| Fixed assets21/28 | €2.3m | €2.3m | €2.5m | €2.5m | ▲ 1.7% |
| Financial fixed assets28 | €2.3m | €2.3m | €2.5m | €2.5m | ▲ 1.7% |
| Current assets29/58 | €139,356 | €91,761 | €174,808 | €161,110 | ▼ 7.8% |
| Amounts receivable within one year40/41 | €89,279 | €89,279 | €102,014 | €81,754 | ▼ 19.9% |
| Trade receivables40 | €89,279 | €89,279 | €97,357 | €6,504 | ▼ 93.3% |
| Other amounts receivable41 | - | - | €4,658 | €75,250 | ▲ 1,516% |
| Cash at bank and in hand54/58 | €50,077 | €2,482 | €4,325 | €276 | ▼ 93.6% |
| Deferred charges and accrued income490/1 | - | - | €68,469 | €79,080 | ▲ 15.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.4m | €2.3m | €2.6m | €2.7m | ▲ 1.0% |
| Equity10/15 | €2.3m | €2.3m | €2.4m | €2.5m | ▲ 3.5% |
| Contributions10/11 | €2.3m | €2.3m | €2.5m | €2.5m | ▲ 1.6% |
| Profit (loss) carried forward14 | €57,924 | €26,157 | -€15,210 | €30,189 | ▲ 298% |
| Amounts payable17/49 | €84,309 | €67,712 | €191,361 | €132,292 | ▼ 30.9% |
| Amounts payable within one year42/48 | €84,309 | €67,712 | €191,346 | €132,292 | ▼ 30.9% |
| Trade debts44 | €65,001 | €65,103 | €185,168 | €76,407 | ▼ 58.7% |
| Suppliers440/4 | €65,001 | €65,103 | €185,168 | €76,407 | ▼ 58.7% |
| Taxes, remuneration and social security45 | €19,308 | €0 | €3,354 | €0 | ▼ 100% |
| Taxes450/3 | €19,308 | €0 | €3,354 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €2,609 | €2,824 | €55,885 | ▲ 1,879% |
| Accrued charges and deferred income492/3 | - | - | €15 | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,924 | -€31,767 | -€41,367 | €45,399 | ▲ 210% |
| + Depreciation and write-downs630 | €970 | €769 | €769 | €769 | = |
| Operating cash flow (approximation) | €58,894 | -€30,998 | -€40,598 | €46,168 | ▲ 214% |
| Investment in fixed assets (approximation) | - | -€769 | -€210,567 | -€41,449 | ▲ 80.3% |
| Change in cash | - | -€47,595 | €1,843 | -€4,049 | ▼ 320% |
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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €45,399
Net result €45,399 after 2 loss-making years.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€41,367
Net result drops to -€41,367, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
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, Sint-Martens-Latem · 1 establishment unit since 2021
Ground area
7,043 m²
Building footprint
1,509 m²
Volume, LiDAR
3,533 m³
Parcel 44064B0246/00F000, Flanders · tallest building 13.4 m, ±1 floor. Linked by address, not a title deed.
92
companies at this address
See who is registered here
1 establishment unit
Kortrijksesteenweg 48, 9830 Sint-Martens-Latem
since 20212.323.890.069
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0246/00F000 | Flanders | 7,043 m² | 1 · 1,509 m² | 13.4 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.
Structure & network
Owners and holdings
3 owners · 1 holdingOwners 3
-
48.89%
-
22.22%
-
13.33%
Holdings 1
-
12.05%
According to the 2025 annual accounts of Manaya and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 17,544 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
Founded28-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774678424
Also
9925:BE0774678424
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.