MANCO GDM
InactiveMANCO GDM was declared bankrupt on 21-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 22-12-2023, published in the Belgian State Gazette on 28-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-06-2018 close31-01-2019 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2017 was due by 31-01-2018 and was filed on 30-11-2017, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, abbreviated schema
Turnover
€315k▲ 328%
2015 · €74k
2013: €85k
2014: €74k
2015: €74k
2013 → 2016
EBIT margin
65.6%▲ 57.3pp
2015 · 8.2%
2013: -4.5%
2014: -4.7%
2015: 8.2%
2013 → 2016
Net result
€21k▼ 83.7%
2016 · €131k
2013: €5k
2014: €3k
2015: €10k
2016: €131k
2013 → 2017
Working capital
€185k▲ 36.9%
2016 · €135k
2013: €-9k
2014: €-1k
2015: €19k
2016: €135k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Turnover€85k-€74k▼ 13.3%€74k▼ 0.4%€315k▲ 328%
Equity€20k-€23k▲ 14.4%€33k▲ 44.1%€163k▲ 401%€185k▲ 13.0%
Operating result€-4k-€-4k▲ 9.4%€6k€207k▲ 3,306%€-2k
Net result€5k-€3k▼ 37.1%€10k▲ 250%€131k▲ 1,211%€21k▼ 83.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €2k after €207k in 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €312k
Equity
€185k▲ 13.0%
Debt
€127k▲ 158%
The debt ratio rises from 23.2% to 40.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1k▼
2016 · €219k
Cash flow
€24k▼
2016 · €143k
Solvency
59.2%▼
2016 · 76.8%
Current ratio
2.45▼
2016 · 3.74
Quick ratio
2.45▼
2016 · 3.74
ROE
11.5%▼
2016 · 80.1%
ROA
6.8%▼
2016 · 61.5%
Debt
€127k▲
2016 · €49k
Debt ≤ 1 year
€127k▲
2016 · €49k
Income taxes
€-10k▼
2016 · €86k
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€213k€312k▲
Fixed assets21/28€29k-
Tangible fixed assets22/27€28k-
Financial fixed assets28€380-
Current assets29/58€184k€312k▲
Amounts receivable within one year40/41€132k€312k▲
Cash at bank and in hand54/58€52k€96▼
Equity and liabilities
Total equity and liabilities10/49€213k€312k▲
Equity10/15€163k€185k▲
Contributions10/11€11k€11k=
Reserves13€133k€133k=
Profit (loss) carried forward14€20k€41k▲
Amounts payable17/49€49k€127k▲
Amounts payable within one year42/48€49k€127k▲
Trade debts44€9k€125k▲
Income statement
Code20162017
Turnover70€315k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€3k▼
Gross operating margin9900€234k€9k▼
Operating profit (loss)9901€207k€-2k▼
Recurring financial income75€0€13k▲
Recurring financial charges65€795€238▼
Profit (loss) for the period before taxes9903€217k€11k▼
Income taxes67/77€86k€-10k▼
Profit (loss) for the period9904€131k€21k▼
Profit (loss) for the period to be appropriated9905€131k€21k▼
Timeline · acts, filings and financial milestones
2023
28-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · MANCO GDM BVBA ZILVERBERKLAAN 2B, 2820 BONHEIDEN · event 22-12-2023
2022
25-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · MANCO GDM BVBA ZILVER- BERKLAAN 2B, 2820 BONHEIDEN · event 21-03-2022
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
30-06
Financial
Highest result since 2013net €131k ▲1211%
Operating result €207k, net result €131k, both a record.
30-06
Financial
Equity above €150kEq €163k ▲401%
4 profitable years in a row build equity to €163k.
2015
26-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
30-06
Financial
Liquidity triplescurrent ratio 2.29
Current ratio from 0.79 to 2.29.
2014
08-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
30-06
Financial
Weakest financial yearnet €3k ▼37.1%
Net result drops to €3k, the lowest in the series.
2013
21-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
07-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 188 days late
07-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 554 days late
2011
25-05
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 114 days late
2010
25-02
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 25 days late
2009
24-02
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
21-03-2022 → present |