MANECON
ActiveMANECON has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €19k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 8578 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+20
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 3.37 against 3.07 in 2024), and 11.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
88.9%
Return on assets
9.2%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-10-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
13 d early
2023
32 d early
2022
38 d early
2021
34 d early
2020
12 d early
2019
20 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close12-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€181k▲ 11.5%
2024 · €163k
2019: €118k
2020: €124k
2021: €135k
2022: €143k
2023: €153k
2024: €163k
2019 → 2025
Total assets
€204k▲ 6.2%
2024 · €192k
2019: €238k
2020: €197k
2021: €195k
2022: €188k
2023: €188k
2024: €192k
2019 → 2025
Net result
€19k▲ 86.7%
2024 · €10k
2019: €12k
2020: €7k
2021: €11k
2022: €8k
2023: €9k
2024: €10k
2019 → 2025
Working capital
€54k▲ 26.7%
2024 · €42k
2019: €20k
2020: €25k
2021: €37k
2022: €45k
2023: €41k
2024: €42k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€135k-€143k▲ 5.6%€153k▲ 6.6%€163k▲ 6.5%€181k▲ 11.5%
Operating result€18k-€13k▼ 27.8%€16k▲ 21.6%€18k▲ 13.2%€30k▲ 66.3%
Net result€11k-€8k▼ 32.5%€9k▲ 25.0%€10k▲ 5.2%€19k▲ 86.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 66% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204k
Fixed assets
€128k▼ 1.2%
Current assets
€76k▲ 21.4%
Equity and liabilities €204k
Equity
€181k▲ 11.5%
Debt
€23k▼ 23.1%
The debt ratio falls from 15.3% to 11.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€31k▲
2024 · €20k
Cash flow
€20k▲
2024 · €12k
Solvency
88.9%▲
2024 · 84.7%
Current ratio
3.37▲
2024 · 3.07
Quick ratio
3.37▲
2024 · 3.07
Debt / equity
0.12▼
2024 · 0.18
ROE
10.3%▲
2024 · 6.1%
ROA
9.2%▲
2024 · 5.2%
Interest coverage
29.22▲
2024 · 13.62
Debt
€23k▼
2024 · €29k
Debt ≤ 1 year
€23k▲
2024 · €20k
Income taxes
€10k▲
2024 · €6k
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€192k€204k▲
Fixed assets21/28€129k€128k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€124k€124k=
Current assets29/58€63k€76k▲
Amounts receivable within one year40/41€57k€68k▲
Trade receivables40€57k€68k▲
Cash at bank and in hand54/58€6k€8k▲
Deferred charges and accrued income490/1€403€411▲
Equity and liabilities
Total equity and liabilities10/49€192k€204k▲
Equity10/15€163k€181k▲
Contributions10/11€19k€19k=
Reserves13€144k€163k▲
Distributable reserves133€144k€163k▲
Amounts payable17/49€29k€23k▼
Amounts payable after more than one year17€8k-
Financial debts170/4€8k-
Amounts payable within one year42/48€20k€23k▲
Current portion of amounts payable after more than one year42€11k€8k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Other amounts payable47/48€254€754▲
Accrued charges and deferred income492/3€500-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€21k€32k▲
Operating profit (loss)9901€18k€30k▲
Financial income75/76B€14€3▼
Recurring financial income75€14€3▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€16k€29k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€10k€19k▲
Profit (loss) for the period to be appropriated9905€10k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€19k▲
Transfer to equity691/2€10k€19k▲
To other reserves6921€10k€19k▲
The notes to these accounts (5 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
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €19k ▲86.7%
Operating result €30k, net result €19k, both a record.
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €150kEq €153k ▲6.6%
5 profitable years in a row build equity to €153k.
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet €7k ▼45%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Ronse · 1 establishment unit since 2012
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.
Priestersstraat 29600 RonseGround area
259 m²
Building footprint
143 m²
Volume, LiDAR
1,444 m³
Parcel 45423E0779/00D000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MAEYENS NELE
since 20122.214.432.596
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45423E0779/00D000 | Flanders | 259 m² | 1 · 142 m² | 14.8 m · 4 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
FinFides
BE 0693.997.386
Lint · Eq €181k
KADMOS
BE 0890.858.589
Ieper · Eq €181k
ERBIUM
BE 1001.317.835
Mechelen · Eq €181k
EMALLE
BE 0821.758.462
Brussel · Eq €181k
VERBRUGGEN ERIK
BE 0888.449.724
Londerzeel · Eq €181k
Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 40,466 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-2012
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.