Checked.be
Active
BE 0767.801.520Private limited company
ManCo
· 5 yrs active
Sector: Other tax advisory services
(69209)
Conclusion
ManCo has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €131k and a net result of €52k. Equity is growing by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 4828 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €131k |
| Net result | €52k |
| Better than sector | 80% |
| Active | 5 yrs |
Financial profile
93
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
100
Solvency
100
Growth
78
Stability
86
Bankruptcy probability (12 mo)
Risk Assessment
3 / 100
Low riskComponents
· 1 administrative flag (+3)
Trust signals
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
Address struck
Checked score
100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€13k
estimate, not credit advice
Score history
93
2022
100
2023
100
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.84 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.84 (≥ 1.0)
+5
Leverage
Debt/equity 0.24 (< 1.0)
+10
Profitability
ROE 40% (≥ 10%)
+10
Interest coverage
Interest coverage 253.3× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 18-11-2024 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~57.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 69, Legal and accounting activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.5% | 61.0% | |
| Net result | €52k | €33k | |
| Equity | €131k | €59k | |
| Gross operating margin | €70k | €56k | |
| Total assets | €162k | €117k |
€69k
+32.4%
22-24
€52k
+39.4%
22-24
€57k
+35.0%
22-24
€162k
+44.8%
22-24
€131k
+66.5%
22-24
€122k
+86.7%
22-24
€14k
+29.0%
22-24
€32k
-5.9%
22-24
€32k
-5.9%
22-24
4.84
+64.9%
22-24
4.84
+64.9%
22-24
80.5%
+15.0%
22-24
0.24
-43.5%
22-24
39.9%
-16.3%
22-24
32.2%
-3.7%
22-24
253.33
-78.9%
22-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €69k | €52k | €52k |
| Net profit | €52k | €37k | €37k |
| Cash flow | €57k | €42k | €42k |
| Staff costs | - | - | - |
| Income taxes | €14k | €11k | €10k |
| Dividends | - | - | - |
| Total assets | €162k | €112k | €69k |
| Equity | €131k | €79k | €41k |
| Debt | €32k | €34k | €28k |
| of which ≤ 1y | €32k | €34k | €28k |
| of which > 1y | - | - | - |
| Working capital | €122k | €65k | €23k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 4.84 | 2.94 | 1.83 |
| Quick ratio | 4.84 | 2.94 | 1.83 |
| Working capital ratio | 75.0% | 58.1% | 33.7% |
| Solvency | 80.5% | 70.0% | 59.3% |
| Debt / equity | 0.24 | 0.43 | 0.69 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 253.33 | 1200.61 | 1184.45 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 32.2% | 33.4% | 53.5% |
| ROE | 39.9% | 47.7% | 90.3% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €162k | €112k | €69k |
| Fixed assets | 21/28 | €9k | €13k | €18k |
| Formation expenses | 20 | - | - | €94 |
| Tangible fixed assets | 22/27 | €9k | €13k | €18k |
| Current assets | 29/58 | €154k | €99k | €52k |
| Amounts receivable within one year | 40/41 | €44k | €18k | €17k |
| Investments | 50/53 | €17k | - | - |
| Cash & bank | 54/58 | €69k | €62k | €35k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €162k | €112k | €69k |
| Equity | 10/15 | €131k | €79k | €41k |
| Contributions / capital | 10/11 | €4k | €4k | €4k |
| Accumulated profits (losses) | 14 | €127k | €75k | €37k |
| Amounts payable | 17/49 | €32k | €34k | €28k |
| Amounts payable within one year | 42/48 | €32k | €34k | €28k |
| Trade debts payable within one year | 44 | - | €132 | - |
| Income statement | ||||
| Gross operating margin | 9900 | €70k | €52k | €53k |
| Operating result | 9901 | €65k | €48k | €47k |
| Financial income | 75 | €1k | €138 | - |
| Financial charges | 65 | €274 | €44 | €44 |
| Result before taxes | 9903 | €66k | €48k | €47k |
| Income taxes | 67/77 | €14k | €11k | €10k |
| Net result for the period | 9904 | €52k | €37k | €37k |
| Result to be appropriated | 9905 | €52k | €37k | €37k |
Legal Structure
| NACE primary | Other tax advisory services(69209) |
| Legal form | Private limited company(610) |
| Incorporation | 04-05-2021 |
| Status | Active |
| Postal code | - |
Establishment units
Louizalaan 499, 1050 Elsene
since 20212.317.406.412
Real-estate footprint
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025A0290/00G000 | Flanders | 713 m² | 1 · 265 m² | 5.8 m · 1 fl. |
| 21822R0224/00X007 | Brussels | 173 m² | 1 · 170 m² | 30.0 m · 9 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
08-08
KBO administration
Address struck
Sneppestraat 8 8860 Die Sitzadresse Sneppestraat 8 8860 Lende-
Lendelede · event 27-07-2025
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
31-03
Financial
Highest result since 2022net €52k ▲39.4%
Operating result €65k, net result €52k, both a record.
31-03
Financial
Equity above €100kEq €131k ▲66.5%
3 profitable years in a row build equity to €131k.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Lifecycle & Insolvency Signals
08-08-2025
KBO administration
Address struck
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Accountants69201Other tax advisory services69209
Names & trade names
| Legal nameNL | ManCo |
Registration history
- 27-07-2025 Address struck
Similar companies
PROBITAS
BE 0447.796.342 · Tervuren
ELOY CONSULTING
BE 0476.228.428 · Deerlijk
ADFERON
BE 0521.921.564 · Zonnebeke
BSide Accountancy
BE 0755.447.480 · Enghien
STATENA
BE 0448.480.686 · Pajottegem