MANCHET
ActiveThe computed 12-month bankruptcy probability of MANCHET is 1.6% (moderate). The 2025 annual accounts show equity of €51k and a net result of €5k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 13009 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability46▲+46
Solvency10▲+1
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.35 against 0.21 in 2024), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
15.1%
Return on assets
1.4%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
28 d early
2022
15 d late
2021
on the day
2020
17 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 10.0%
2024 · €47k
2018: €25k
2019: €19k
2020: €22k
2021: €27k
2022: €39k
2023: €69k
2024: €47k
2018 → 2025
Total assets
€341k▼ 2.9%
2024 · €351k
2018: €67k
2019: €72k
2020: €88k
2021: €104k
2022: €154k
2023: €178k
2024: €351k
2018 → 2025
Net result
€5k
2024 · €-22k
2018: €2k
2019: €-6k
2020: €3k
2021: €5k
2022: €12k
2023: €30k
2024: €-22k
2018 → 2025
Working capital
€-140k▲ 15.6%
2024 · €-165k
2018: €-33k
2019: €-28k
2020: €-21k
2021: €-54k
2022: €-83k
2023: €-66k
2024: €-165k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€39k▲ 44.6%€69k▲ 76.6%€47k▼ 31.9%€51k▲ 10.0%
Operating result€5k-€14k▲ 163%€35k▲ 143%€-8k€16k
Net result€5k-€12k▲ 155%€30k▲ 148%€-22k€5k
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: €16k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €341k
Fixed assets
€266k▼ 13.3%
Current assets
€75k▲ 68.9%
Equity and liabilities €341k
Equity
€51k▲ 10.0%
Debt
€289k▼ 4.9%
The debt ratio falls from 86.7% to 84.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€87k▲
2024 · €47k
Cash flow
€76k▲
2024 · €33k
Solvency
15.1%▲
2024 · 13.3%
Current ratio
0.35▲
2024 · 0.21
Quick ratio
0.28▲
2024 · 0.13
Debt / equity
5.63▼
2024 · 6.52
ROE
9.1%▲
2024 · -46.8%
ROA
1.4%▲
2024 · -6.2%
Interest coverage
8.38▲
2024 · 5.09
Debt
€289k▼
2024 · €304k
Debt ≤ 1 year
€214k▲
2024 · €210k
Debt > 1 year
€75k▼
2024 · €94k
Income taxes
€1k▼
2024 · €5k
Staff costs
€114k▲
2024 · €97k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€351k€341k▼
Fixed assets21/28€307k€266k▼
Tangible fixed assets22/27€297k€256k▼
Plant, machinery and equipment23€76k€67k▼
Furniture and vehicles24€31k€26k▼
Leasing and similar rights25€31k€27k▼
Other tangible fixed assets26€157k€136k▼
Financial fixed assets28€10k€10k=
Current assets29/58€44k€75k▲
Stocks and contracts in progress3€17k€16k▼
Stocks30/36€17k€16k▼
Amounts receivable within one year40/41€14k€19k▲
Trade receivables40€11k€18k▲
Other amounts receivable41€3k€1k▼
Current investments50/53€26€11k▲
Cash at bank and in hand54/58€11k€21k▲
Deferred charges and accrued income490/1€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€351k€341k▼
Equity10/15€47k€51k▲
Contributions10/11€6k€6k=
Reserves13€62k€62k=
Distributable reserves133€62k€62k=
Profit (loss) carried forward14€-22k€-17k▲
Amounts payable17/49€304k€289k▼
Amounts payable after more than one year17€94k€75k▼
Financial debts170/4€94k€75k▼
Amounts payable within one year42/48€210k€214k▲
Current portion of amounts payable after more than one year42€21k€20k▼
Trade debts44€125k€81k▼
Suppliers440/4€125k€81k▼
Advances received on contracts in progress46-€15k
Taxes, remuneration and social security45€44k€48k▲
Taxes450/3€24k€27k▲
Remuneration and social security454/9€20k€21k▲
Other amounts payable47/48€19k€51k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€0€16k▲
Remuneration, social security and pensions62€97k€114k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€71k▲
Other operating charges640/8€15k€13k▼
Gross operating margin9900€159k€214k▲
Operating profit (loss)9901€-8k€16k▲
Financial income75/76B€93€31▼
Recurring financial income75€93€31▼
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€-17k€6k▲
Income taxes67/77€5k€1k▼
Profit (loss) for the period9904€-22k€5k▲
Profit (loss) for the period to be appropriated9905€-22k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-17k▲
Profit (loss) brought forward from the previous period14P-€-22k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-22k ▼173%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €30k ▲148%
Operating result €35k, net result €30k, both a record.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
30-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Denderleeuw · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Scherpstraat 629470 DenderleeuwGround area
2,771 m²
Building footprint
436 m²
Parcel 41402B1450/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
MANCHET
since 20162.254.108.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41402B1450/00F000 | Flanders | 2,771 m² | 1 · 436 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FAKOMI
BE 1018.289.667
Elsene · Eq €51k
ACHTERVLUCHT
BE 0472.535.302
Antwerpen · Eq €51k
CINECITTA
BE 0455.803.790
Brussel · Eq €51k
Marlik
BE 0649.856.844
Kampenhout · Eq €51k
OESTERBAR.BE
BE 0807.222.914
Duffel · Eq €51k
Of 13,834 companies in sector 56301 we hold annual accounts for 4,807. 3,989 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2016
Fiscal year end30-09
Activities, NACEBEL
56301Cafés and bars
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43343Specialised construction activities
43410Roofing work
56101Full-service restaurants
56111Full-service restaurants
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.