MANDECON
ActiveMANDECON has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €82k. Its solvency ranks better than 39% of 477 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency57
Growth-
Track record67
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.45; short-term debt: 67.6% and cash: 18.3% of total assets), and 67.6% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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
32.4%
Return on assets
30.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€87k
Total assets
€270k
Net result
€82k
Working capital
€81k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €270k
Fixed assets
€6k
Current assets
€264k
Equity and liabilities €270k
Equity
€87k
Debt
€182k
Debt finances 67.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€106k
Cash flow
€85k
Solvency
32.4%
Current ratio
1.45
Quick ratio
1.36
Debt / equity
2.09
ROE
94.3%
ROA
30.5%
Interest coverage
202.27
Debt
€182k
Debt ≤ 1 year
€182k
Income taxes
€21k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€270k
Fixed assets21/28€6k
Tangible fixed assets22/27€6k
Plant, machinery and equipment23€559
Furniture and vehicles24€6k
Current assets29/58€264k
Stocks and contracts in progress3€16k
Stocks30/36€16k
Amounts receivable within one year40/41€192k
Trade receivables40€148k
Other amounts receivable41€44k
Cash at bank and in hand54/58€49k
Deferred charges and accrued income490/1€6k
Equity and liabilities
Total equity and liabilities10/49€270k
Equity10/15€87k
Contributions10/11€5k
Reserves13€82k
Distributable reserves133€82k
Amounts payable17/49€182k
Amounts payable within one year42/48€182k
Trade debts44€151k
Suppliers440/4€151k
Taxes, remuneration and social security45€21k
Taxes450/3€21k
Other amounts payable47/48€10k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€1k
Gross operating margin9900€107k
Operating profit (loss)9901€103k
Financial income75/76B€937
Recurring financial income75€937
Financial charges65/66B€523
Recurring financial charges65€523
Profit (loss) for the period before taxes9903€103k
Income taxes67/77€21k
Profit (loss) for the period9904€82k
Profit (loss) for the period to be appropriated9905€82k
Appropriation of the result
Profit (loss) to be appropriated9906€82k
Transfer to equity691/2€82k
To other reserves6921€82k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Mol · 1 establishment unit since 2024
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.
F.S. Emsenslaan 262400 MolGround area
2,151 m²
Building footprint
226 m²
Volume, LiDAR
1,355 m³
Parcel 13025G1068/00N000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MANDECON
since 20242.363.733.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G1068/00N000 | Flanders | 2,151 m² | 1 · 226 m² | 8.4 m · 2 fl. |
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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesMANDECON BV44880
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BOU
BE 0749.652.622
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NHUMA
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Qori
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Sint-Pieters-Woluwe · Eq €87k
Of 3,152 companies in sector 63920 we hold annual accounts for 1,522. 1,250 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2024
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
74112Other professional, scientific and technical activities
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.