Financials
- Financial year
- 2025
- Turnover
- €90,327
- Profit
- €2,480
- Solvency
- 31.6%
Turnover▲ 8.0%
Net result
20192025
Manège Embourg
ActiveSummary
Manège Embourg has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,172 and a net result of €2,480. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 47% of 510 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Operation of sports facilities
NACE 93110
Oldest company in Dilbeek, Arts, sports and recreation sector
Size
€90,327turnover 2025
- Equity
- €38,172
- Profit
- €2,480
Structure
2025 accounts filed 62 days late1 deed in the Belgian Official Gazette
Why 66raises riskLast filed accounts filed 62 days late; 3 of the last 3 lateNo registered site in the KBOLiquidity: current ratio 0.33, cash €6,495lowers riskFounded in 1973Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (NACE 93, micro)
Financial strength · tick = 2024
Average
Solvency
57+9
equity 31.6% of total assets
Liquidity
20+4
short-term debt 68.4% · cash 5.4%
Profitability
81+14
return on assets 2.1%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 0.9%● unchanged vs 11-2024
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025lowest value
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.1%▲ +0.2 percentage points vs 07-2025
09-2025: 1.0%▼ -0.1 percentage points vs 08-2025
10-2025: 1.2%▲ +0.2 percentage points vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.1%▼ -0.1 percentage points vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 1.8%▲ +0.6 percentage points vs 07-2026
09-2026: 2.0%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 1.1%▼ -0.9 percentage points vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.33, compared with 0.44 in 2024, below 1; short-term debt: 68.4% and cash: 5.4% of total assets), and 68.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro): better than 52% on solvency, 18% on liquidity, 70% on profitability and 59% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 62 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-10-2026, 62 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
62 days late
2024
95 days late
2023
73 days late
2022
8 days late
2021
121 days late
2020
72 days late
2019
433 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 123 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 October (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Back to profitnet €1,949
Key points
By topic
Timeline
- Events
- 52
- Since
- 1978
- Next accounts
- by 31-07-2027
- 12-10-2024Annual accounts filed
- 31-12-2023Weakest financial year
- 08-08-2023Annual accounts filed
Company details
- Legal form
- Private limited company (pre-2019)
- Activity
- Operation of sports facilitiesNACE 93110
- Founded
- 01-05-1973
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about Manège Embourg
- What is the company number of Manège Embourg?
- 0413.238.608. In Belgium the VAT number is the company number with BE in front: BE 0413.238.608.
- Where is Manège Embourg based?
- The registered office is at Isidoor Van Beverenstraat 7, 1702 Dilbeek.Company details
- What does Manège Embourg do?
- According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
- What is the legal form of Manège Embourg?
- Private limited company (pre-2019) (BVBA).
- When was Manège Embourg founded?
- On 01-05-1973.
- Is Manège Embourg still active?
- Yes, Manège Embourg is an active enterprise in the KBO register.
- What is the turnover of Manège Embourg?
- €90,327 in financial year 2025, according to the filed annual accounts.Financials
- Is Manège Embourg profitable?
- In financial year 2025, Manège Embourg made a profit of €2,480.
- Where can I find the annual accounts of Manège Embourg?
- Manège Embourg filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Manège Embourg due?
- By 31-07-2027, for financial year 2026.Timeline
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