Result
From profit to loss in 2025, after a profit of €21,550 in 2024.
From profit to loss in 2025, after a profit of €21,550 in 2024.
The micro format states no turnover.
Lower net result than 94% of companies in food and beverage service. Sector median €4,675 · 18,476 companies.
In July 2024, 5,828 companies had the same profile as MANDARIN has now. Each dot stands for 15 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,828 companies, not a prediction for MANDARIN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MANDARIN Affligem | €109,084 | €14,380 | 85.8% | - |
| Pinacoteca Lille | €107,911 | €14,428 | 92.1% | - |
| Den Hoek Boom | €114,229 | €15,140 | 91.1% | - |
| FESTOS Ciney | €96,576 | €17,280 | 54.4% | - |
| Horse - House Vilvoorde | €108,906 | €15,205 | 46.9% | - |
| THAI CHINE Drogenbos | €73,972 | €15,003 | 78.4% | - |
| Fabrice FICHELLE Rumes | €98,182 | €17,551 | 96.6% | - |
These companies have the same main activity as MANDARIN: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €74,000 and €114,000, founded between 1979 and 1997.
MANDARIN files the micro format. That format states no turnover. The gross margin fell from €47,270 in 2006 to €14,380 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €75,000 and €310,000.
Higher than 94% of 18,509 companies in 2025.
Higher than 92% of 17,864 companies in 2025.
Higher than 9% of 17,961 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 114 short contracts started and 115 ended, on average 11 hours worked per contract. Staff averaged 0.8 full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
109,084 | 156,410 | 128,017 | 106,783 | 116,379 | 97,625 | 101,679 | 87,772 | 79,672 | 82,771 | 78,675 | 75,805 | 70,374 | 63,641 | 72,225 | 76,065 | 79,863 | 84,194 | 53,465 | 43,056 | |
21/28 |
24,079 | 35,430 | 39,196 | 38,026 | 46,975 | 20,990 | 13,555 | 14,958 | 15,925 | 15,448 | 16,203 | 7,131 | 9,131 | 8,022 | 16,984 | 26,250 | 31,334 | 41,591 | 16,023 | 11,140 | |
22/27 |
21,104 | 32,455 | 36,221 | 35,051 | 44,000 | 18,015 | 10,580 | 11,983 | 12,950 | 12,473 | 13,228 | 4,156 | 6,156 | 5,047 | 14,009 | 23,275 | 28,359 | 38,616 | 13,048 | 8,165 | |
23 |
19,355 | 23,711 | 20,482 | 12,316 | 14,270 | 18,015 | 10,580 | 11,983 | 12,950 | 12,473 | 13,228 | 4,156 | 6,156 | 5,047 | 6,809 | 8,875 | 6,759 | 9,816 | 13,048 | 8,165 | |
24 |
1,749 | 8,744 | 15,739 | 22,735 | 29,730 | - | - | - | - | - | - | - | - | - | 7,200 | 14,400 | 21,600 | 28,800 | - | - | |
28 |
2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | |
29/58 |
85,005 | 120,980 | 88,821 | 68,757 | 69,404 | 76,635 | 88,124 | 72,814 | 63,747 | 67,323 | 62,472 | 68,674 | 61,243 | 55,619 | 55,241 | 49,815 | 48,529 | 42,603 | 37,442 | 31,916 | |
3 |
- | 416 | 492 | 514 | 648 | 713 | 911 | 2,454 | 2,210 | 1,832 | 1,621 | 1,780 | 1,823 | 1,230 | 1,121 | 1,280 | 1,416 | 559 | 507 | 420 | |
30/36 |
- | 416 | 492 | 514 | 648 | 713 | 911 | 2,454 | 2,210 | 1,832 | 1,621 | 1,780 | 1,823 | 1,230 | 1,121 | 1,280 | 1,416 | 559 | 507 | 420 | |
40/41 |
23,585 | 24,206 | 25,782 | 35,403 | 28,304 | 30,632 | 29,489 | 27,017 | 24,486 | 26,846 | 29,139 | 30,213 | 28,791 | 27,211 | 31,114 | 26,935 | 26,865 | 26,706 | 22,749 | 23,848 | |
40 |
- | - | - | - | - | 458 | - | - | - | - | - | - | 1,037 | - | - | - | - | - | - | - | |
41 |
23,585 | 24,206 | 25,782 | 35,403 | 28,304 | 30,174 | 29,489 | 27,017 | 24,486 | 26,846 | 29,139 | 30,213 | 27,754 | 27,211 | 31,114 | 26,935 | 26,865 | 26,706 | 22,749 | 23,848 | |
54/58 |
61,420 | 96,358 | 61,090 | 32,840 | 40,452 | 45,290 | 57,724 | 43,343 | 37,051 | 38,645 | 31,712 | 36,681 | 30,629 | 27,178 | 21,817 | 20,226 | 18,110 | 14,997 | 12,391 | 6,101 | |
490/1 |
- | - | 1,457 | - | - | - | - | - | - | - | - | - | - | - | 1,189 | 1,374 | 2,138 | 341 | 1,795 | 1,547 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
109,084 | 156,410 | 128,017 | 106,783 | 116,379 | 97,625 | 101,679 | 87,772 | 79,672 | 82,771 | 78,675 | 75,805 | 70,374 | 63,641 | 72,225 | 76,065 | 79,863 | 84,194 | 53,465 | 43,056 | |
10/15 |
93,584 | 134,346 | 112,796 | 93,025 | 108,079 | 87,292 | 85,544 | 78,605 | 70,260 | 71,081 | 73,387 | 67,706 | 61,129 | 55,261 | 54,658 | 52,008 | 45,233 | 44,616 | 39,990 | 34,923 | |
10/11 |
140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | |
100 |
- | - | - | - | - | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | 140,000 | |
13 |
4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 1,299 | 1,299 | 1,299 | 1,299 | 1,299 | |
133 |
4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 4,529 | 1,299 | 1,299 | 1,299 | 1,299 | 1,299 | |
14 |
-50,945 | -10,183 | -31,733 | -51,504 | -36,450 | -57,237 | -58,985 | -65,924 | -74,269 | -73,448 | -71,142 | -76,823 | -83,400 | -89,268 | -89,871 | -89,291 | -96,066 | -96,683 | -101,309 | -106,376 | |
17/49 |
15,500 | 22,064 | 15,221 | 13,758 | 8,300 | 10,333 | 16,135 | 9,167 | 9,412 | 11,690 | 5,288 | 8,099 | 9,245 | 8,380 | 17,567 | 24,057 | 34,630 | 39,578 | 13,475 | 8,133 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,711 | 10,560 | 18,001 | 25,055 | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,711 | 10,560 | 18,001 | 25,055 | - | - | |
42/48 |
15,500 | 22,064 | 15,221 | 13,758 | 8,300 | 10,333 | 16,135 | 9,167 | 9,412 | 11,690 | 5,288 | 8,099 | 8,063 | 8,380 | 14,856 | 13,497 | 16,629 | 14,523 | 13,475 | 8,133 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,711 | 7,849 | 7,441 | 7,053 | 6,686 | - | - | |
43 |
- | - | - | - | - | - | 667 | - | - | - | - | 1,000 | 1,038 | - | 667 | 667 | 667 | 667 | 667 | 333 | |
430/8 |
- | - | - | - | - | - | 667 | - | - | - | - | 1,000 | 1,038 | - | 667 | 667 | 667 | 667 | 667 | 333 | |
44 |
1,286 | 5,452 | 5,939 | 7,810 | 3,350 | 4,666 | 8,573 | 4,059 | 5,593 | 8,301 | 2,083 | 3,906 | 3,325 | 2,799 | 3,995 | 1,401 | 3,912 | 4,379 | 6,086 | 3,227 | |
440/4 |
1,286 | 5,452 | 5,939 | 7,810 | 3,350 | 4,666 | 8,573 | 4,059 | 5,593 | 8,301 | 2,083 | 3,906 | 3,325 | 2,799 | 3,995 | 1,401 | 3,912 | 4,379 | 6,086 | 3,227 | |
45 |
14,214 | 16,612 | 9,282 | 5,948 | 4,950 | 5,667 | 6,895 | 5,108 | 3,819 | 3,389 | 3,205 | 3,193 | 3,700 | 2,870 | 2,345 | 3,988 | 4,997 | 2,791 | 6,722 | 4,573 | |
450/3 |
- | 13,476 | 2,774 | 3,503 | 132 | 2,053 | 2,435 | 2,663 | 1,799 | 1,403 | 1,425 | 1,911 | 2,187 | 1,439 | 1,104 | 2,280 | 2,303 | 1,758 | 2,509 | 2,356 | |
454/9 |
14,214 | 3,136 | 6,508 | 2,445 | 4,818 | 3,614 | 4,460 | 2,445 | 2,020 | 1,986 | 1,780 | 1,282 | 1,513 | 1,431 | 1,241 | 1,708 | 2,694 | 1,033 | 4,213 | 2,217 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,182 | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
9900 |
14,380 | 76,080 | 61,372 | 14,576 | 71,827 | 37,481 | 53,788 | 46,553 | 37,387 | 35,217 | 41,364 | 41,819 | 38,705 | 42,616 | 41,141 | 45,748 | 45,115 | 45,092 | 40,392 | 47,270 | |
62 |
38,938 | 29,782 | 26,999 | 16,285 | 39,158 | 27,556 | 41,282 | 33,407 | 33,815 | 32,310 | 31,037 | 31,352 | 29,411 | 30,072 | 29,448 | 26,181 | 29,110 | 25,786 | 24,273 | 36,831 | |
630 |
13,943 | 13,363 | 11,222 | 11,099 | 8,992 | 3,642 | 2,853 | 2,563 | 2,244 | 2,774 | 2,572 | 2,000 | 2,081 | 8,962 | 9,266 | 9,481 | 10,257 | 10,432 | 4,655 | 3,549 | |
640/8 |
1,288 | 1,248 | 932 | 1,107 | 1,592 | 3,779 | 1,419 | 981 | 1,132 | 1,182 | 1,090 | 1,102 | 263 | 2,032 | 1,106 | 1,127 | 1,464 | 1,772 | 5,412 | 2,910 | |
9901 |
-39,789 | 31,687 | 22,219 | -13,915 | 22,085 | 2,504 | 8,234 | 9,602 | 196 | -1,049 | 6,665 | 7,365 | 6,950 | 1,550 | 1,321 | 8,959 | 4,284 | 7,102 | 6,052 | 3,980 | |
75/76B |
10 | 5 | 15 | 38 | 12 | 21 | 15 | 18 | 1 | 10 | 181 | 280 | 232 | 388 | 302 | 125 | 146 | 214 | 145 | 99 | |
75 |
10 | 5 | 15 | 38 | 12 | 21 | 15 | 18 | 1 | 10 | 181 | 280 | 232 | 388 | 302 | 125 | 146 | 214 | 145 | 99 | |
65/66B |
878 | 1,183 | 1,119 | 1,061 | 1,178 | 617 | 1,147 | 1,112 | 1,018 | 1,267 | 1,165 | 1,068 | 1,314 | 1,335 | 2,203 | 2,309 | 3,813 | 2,690 | 1,130 | 1,518 | |
65 |
878 | 1,183 | 1,119 | 1,061 | 1,178 | 617 | 1,147 | 1,112 | 1,018 | 1,267 | 1,165 | 1,068 | 1,314 | 1,335 | 2,203 | 2,309 | 3,813 | 2,690 | 1,130 | 1,518 | |
9903 |
-40,657 | 30,509 | 21,115 | -14,938 | 20,919 | 1,908 | 7,102 | 8,508 | -821 | -2,306 | 5,681 | 6,577 | 5,868 | 603 | -580 | 6,775 | 617 | 4,626 | 5,067 | 2,561 | |
67/77 |
105 | 8,959 | 1,344 | 116 | 132 | 160 | 163 | 163 | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
-40,762 | 21,550 | 19,771 | -15,054 | 20,787 | 1,748 | 6,939 | 8,345 | -821 | -2,306 | 5,681 | 6,577 | 5,868 | 603 | -580 | 6,775 | 617 | 4,626 | 5,067 | 2,561 | |
9905 |
-40,762 | 21,550 | 19,771 | -15,054 | 20,787 | 1,748 | 6,939 | 8,345 | -821 | -2,306 | 5,681 | 6,577 | 5,868 | 603 | -580 | 6,775 | 617 | 4,626 | 5,067 | 2,561 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-50,945 | -10,183 | -31,733 | -51,504 | -36,450 | -57,237 | -58,985 | -65,924 | -74,269 | -73,448 | -71,142 | -76,823 | -83,400 | -89,268 | -89,871 | -89,291 | -96,066 | -96,683 | -101,309 | -106,376 | |
14P |
-10,183 | -31,733 | -51,504 | -36,450 | -57,237 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
0.8 | 1 | 1 | 1 | 3.8 | 1.2 | 1.2 | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 1.8 | 1 | 1.1 | 0.9 | 1 | 1.5 | |
Hours worked1013 |
1,283 | 1,892 | 1,719 | 1,077 | 1,961 | 1,314 | 1,932 | 1,686 | 1,674 | 1,677 | 1,546 | 1,531 | 1,471 | 1,528 | 1,489 | 1,334 | 1,660 | 1,592 | 1,555 | 2,328 | |
| Document | |||||||||||||||||||||
The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00380867 | |
| 31-12-2024 | micro format | 21-05-2025 | 2025-00108023 | |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00231519 | |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00256845 | |
| 31-12-2021 | micro format | 01-08-2022 | 2022-20263293 | |
| 31-12-2020 | micro format | 12-08-2021 | 2021-48600530 | |
| 31-12-2019 | micro format | 04-08-2020 | 2020-39800570 | |
| 31-12-2018 | micro format | 04-07-2019 | 2019-30900250 | |
| 31-12-2017 | micro format | 12-07-2018 | 2018-34500470 | |
| 31-12-2016 | abbreviated format | 18-07-2017 | 2017-34700591 | |
| 31-12-2015 | abbreviated format | 18-07-2016 | 2016-34900341 | |
| 31-12-2014 | abbreviated format | 30-07-2015 | 2015-39400421 | |
| 31-12-2013 | abbreviated format | 19-08-2014 | 2014-45200547 | |
| 31-12-2012 | abbreviated format | 23-07-2013 | 2013-36200251 | |
| 31-12-2011 | abbreviated format | 23-07-2012 | 2012-34900531 | |
| 31-12-2010 | abbreviated format | 28-06-2011 | 2011-25000515 | |
| 31-12-2009 | abbreviated format | 19-07-2010 | 2010-32700585 | |
| 31-12-2008 | abbreviated format | 22-07-2009 | 2009-47700115 | |
| 31-12-2007 | abbreviated format | 02-07-2008 | 2008-36600272 | |
| 31-12-2006 | abbreviated format | 25-09-2007 | 2007-74900351 | |
| 31-12-2005 | abbreviated format | 14-08-2006 | 2006-63201518 | |
| 31-12-2004 | abbreviated format | 30-09-2005 | 2005-80202527 | |
| 31-12-2003 | abbreviated format | 05-11-2004 | 2004-78201323 | |
| 31-12-2002 | abbreviated format | 11-05-2004 | 2004-14300714 | |
| 31-12-2001 | abbreviated format | 08-11-2002 | 2002-71000589 | |
| 31-12-2000 | abbreviated format | 31-12-2001 | 2001-79301102 | |
| 31-12-1999 | abbreviated format | 13-06-2001 | 2001-20800079 | |
| 31-12-1998 | abbreviated format | 13-06-2001 | 2001-20800095 | |
| 31-12-1997 | abbreviated format | 13-06-2001 | 2001-20800111 | |
| 31-12-1996 | abbreviated format | 15-04-1999 | 1999-07700837 | |
| 31-12-1995 | abbreviated format | 15-04-1999 | 1999-07700853 | |
| 31-12-1994 | abbreviated format | 28-06-1996 | 1996-24800026 | |
| 31-12-1993 | abbreviated format | 28-06-1996 | 1996-24800041 | |
| 31-12-1992 | abbreviated format | 28-06-1996 | 1996-24800056 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -25,846 | 45,050 | 33,441 | -2,816 | 31,077 | 6,146 | 11,087 | 12,165 | 2,440 | 1,725 | 9,237 | 9,365 | 9,031 | 10,512 | 10,587 | 18,440 | 14,541 | 17,534 | 10,707 | 7,529 | ||
| -26,819 | 34,913 | 30,993 | -3,955 | 29,779 | 5,390 | 9,792 | 10,908 | 1,423 | 468 | 8,253 | 8,577 | 7,949 | 9,565 | 8,686 | 16,256 | 10,874 | 15,058 | 9,722 | 6,110 | ||
| 2,592 | 9,597 | 12,393 | 2,150 | 34,976 | 11,077 | 1,450 | 1,596 | 2,721 | 2,019 | 11,644 | 0 | 3,190 | 0 | 0 | 4,397 | 0 | 36,000 | 9,538 | 1,073 | ||
| -34,938 | 35,268 | 28,250 | -7,612 | -4,838 | -12,434 | 14,381 | 6,292 | -1,594 | 6,933 | -4,969 | 6,052 | 3,451 | 5,361 | 1,591 | 2,116 | 3,113 | 2,606 | 6,290 | - | ||
| 69,505 | 98,916 | 73,600 | 54,999 | 61,104 | 66,302 | 71,989 | 63,647 | 54,335 | 55,633 | 57,184 | 60,575 | 53,180 | 47,239 | 40,385 | 36,318 | 31,900 | 28,080 | 23,967 | 23,783 | ||
| 85.8% | 85.9% | 88.1% | 87.1% | 92.9% | 89.4% | 84.1% | 89.6% | 88.2% | 85.9% | 93.3% | 89.3% | 86.9% | 86.8% | 75.7% | 68.4% | 56.6% | 53.0% | 74.8% | 81.1% | ||
| 5.48 | 5.48 | 5.84 | 5.00 | 8.36 | 7.42 | 5.46 | 7.94 | 6.77 | 5.76 | 11.81 | 8.48 | 7.60 | 6.64 | 3.72 | 3.69 | 2.92 | 2.93 | 2.78 | 3.92 | ||
| 5.48 | 5.46 | 5.80 | 4.96 | 8.28 | 7.35 | 5.41 | 7.68 | 6.54 | 5.60 | 11.51 | 8.26 | 7.37 | 6.49 | 3.64 | 3.60 | 2.83 | 2.89 | 2.74 | 3.87 | ||
| 0.17 | 0.16 | 0.13 | 0.15 | 0.08 | 0.12 | 0.19 | 0.12 | 0.13 | 0.16 | 0.07 | 0.12 | 0.15 | 0.15 | 0.32 | 0.46 | 0.77 | 0.89 | 0.34 | 0.23 | ||
| -43.6% | 16.0% | 17.5% | -16.2% | 19.2% | 2.0% | 8.1% | 10.6% | -1.2% | -3.2% | 7.7% | 9.7% | 9.6% | 1.1% | -1.1% | 13.0% | 1.4% | 10.4% | 12.7% | 7.3% | ||
| -37.4% | 13.8% | 15.4% | -14.1% | 17.9% | 1.8% | 6.8% | 9.5% | -1.0% | -2.8% | 7.2% | 8.7% | 8.3% | 0.9% | -0.8% | 8.9% | 0.8% | 5.5% | 9.5% | 5.9% | ||
| -29.44 | 38.08 | 29.88 | -2.65 | 26.38 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | - | 2 | 2 | 1 | 4 |
| full-time | - | 1 | 1 | - | - |
| part-time | - | 1 | 1 | 1 | 4 |
| in full-time equivalents | - | 1.4 | 1.4 | 0.4 | 1 |
| 0.8 | 0.9 | 0.6 | 0.5 | 1.2 | |
| On a permanent contract | - | 1 | 1 | 1 | 2 |
| Joined | 114 | 158 | 2 | 66 | 8 |
| Left | 115 | 158 | 1 | 69 | 7 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,592 | €9,597 | €12,393 | €2,150 | €34,976 |
| €13,943 | €13,363 | €11,222 | €11,099 | €8,992 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €39,789, after a profit of €31,687 in 2024. It is the lowest result since 2006.
Debt's share of the balance-sheet total rises from 14.1% to 14.2%. Equity and debt are lower.
MANDARIN has no parent and no holdings in its annual accounts. is the only director. MANDARIN shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Brusselbaan 155 registered office 1790 Affligem |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23030A1067/00G000 | 504 m² | 1 · 237 m² | 11.2 m · 2 |
If something looks wrong or is missing, please tell us.