MANDO SPORT
ActiveThe computed 12-month bankruptcy probability of MANDO SPORT is 2.3% (moderate). The 2025 annual accounts show equity of €19k and a net result of €3k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 42% of 18024 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-15
Solvency43▲+10
Growth52=
Stability94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.49 in 2024), and 75.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
24.5%
Return on assets
4.2%
Age of the figures
8 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 20.4%
2024 · €16k
2023: €12k
2024: €16k
2023 → 2025
Total assets
€76k▼ 15.5%
2024 · €90k
2023: €108k
2024: €90k
2023 → 2025
Net result
€3k▼ 13.7%
2024 · €4k
2023: €9k
2024: €4k
2023 → 2025
Working capital
€10k▼ 38.7%
2024 · €17k
2023: €1k
2024: €17k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€12k-€16k▲ 31.0%€19k▲ 20.4%
Operating result€14k-€11k▼ 21.8%€10k▼ 8.5%
Net result€9k-€4k▼ 58.5%€3k▼ 13.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €76k
Equity
€19k▲ 20.4%
Debt
€58k▼ 23.0%
The debt ratio falls from 82.8% to 75.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€14k▼
2024 · €15k
Cash flow
€8k▼
2024 · €8k
Solvency
24.5%▲
2024 · 17.2%
Current ratio
1.33▼
2024 · 1.49
Quick ratio
0.47▼
2024 · 0.71
Debt / equity
3.08▼
2024 · 4.81
ROE
16.9%▼
2024 · 23.7%
ROA
4.2%▲
2024 · 4.1%
Interest coverage
4.03▼
2024 · 4.20
Debt
€58k▼
2024 · €75k
Debt ≤ 1 year
€31k▼
2024 · €34k
Debt > 1 year
€26k▼
2024 · €41k
Income taxes
€3k▼
2024 · €4k
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€90k€76k▼
Formation expenses20€39k€35k▼
Current assets29/58€51k€41k▼
Stocks and contracts in progress3€27k€27k=
Stocks30/36€27k€27k=
Amounts receivable within one year40/41€7k€1k▼
Trade receivables40€7k€1k▼
Cash at bank and in hand54/58€18k€14k▼
Deferred charges and accrued income490/1€110-
Equity and liabilities
Total equity and liabilities10/49€90k€76k▼
Equity10/15€16k€19k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€13k€16k▲
Amounts payable17/49€75k€58k▼
Amounts payable after more than one year17€41k€26k▼
Financial debts170/4€41k€26k▼
Amounts payable within one year42/48€34k€31k▼
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€98€3k▲
Suppliers440/4€98€3k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Other amounts payable47/48€12k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8-€58
Gross operating margin9900€15k€15k▼
Operating profit (loss)9901€11k€10k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€7k€6k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€4k€3k▼
Profit (loss) for the period to be appropriated9905€4k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€16k▲
Profit (loss) brought forward from the previous period14P€9k€13k▲
The notes to these accounts (2 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €3k ▼13.7%
Net result drops to €3k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Braine-l'Alleud · 1 establishment unit since 2023
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.
Square Drouet d'Erlon 101420 Braine-l'AlleudGround area
233 m²
Building footprint
59 m²
Volume, LiDAR
505 m³
Parcel 25744D0006/00D007, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MANDO SPORT
since 20232.347.474.729
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25744D0006/00D007 | Wallonia | 233 m² | 1 · 59 m² | 11.0 m · 3 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.
Similar companies · same sector, comparable size
CORDEXTRÊME
BE 0507.798.166
Grâce-Hollogne · Eq €19k
EPS Solutions
BE 0787.510.633
Wanze · Eq €19k
CornerSports
BE 0477.156.163
Brussel · Eq €19k
DOUBLEE
BE 0739.749.219
Bekkevoort · Eq €19k
NEW BS
BE 0501.539.686
Ukkel · Eq €18k
Of 1,306 companies in sector 47639 we hold annual accounts for 618. 377 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2023
Fiscal year end31-12
Activities, NACEBEL
47639Retail sale of other sporting goods
47640Retail trade
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
93199Other sports activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.