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MANENCO

Active
Private limited companyfounded 200026 yrs activeGraaf Henri Cornetlaan 1, 2950 Kapellen, BelgiumKBO/BCE: BE 0472.388.119
Summary

MANENCO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €200,354 and a net result of €5,882. Equity is shrinking by ~7.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203NACE 51190
1 site
Size
€223,940total assets 2024
Equity
€200,354
Profit
€5,882
Turnover not published (abridged schema)
Financial health
96 Excellent Checked score 2024
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 31 d early0 of 3 deeds read
Why 96- Figures for FY 2024 (filed 25-06-2025)+ Liquidity: current ratio 7.73, cash €178,972+ Equity €200,354 (89.5% of total assets)+ Founded in 2000Show the evidence

Checked score

Score 2024
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 67% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 100=
equity 89.5% of total assets
Liquidity 100+2
short-term debt 10.5% · cash 79.9%
Profitability 72+8
return on assets 2.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (26,360 companies)
Last 9 months 02-2026: < 0.1%lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%● 0.0% vs 05-2026lowest value 07-2026: < 0.1%▲ +8.3% vs 06-2026 08-2026: < 0.1%▲ +30.8% vs 07-2026 09-2026: < 0.1%▲ +5.9% vs 08-2026 10-2026: < 0.1%▲ +25.0% vs 09-2026highest value
  • Liquidity: current ratio 7.73, cash €178,972 lowers the probability
  • Figures for FY 2024 (filed 25-06-2025) raises the probability
  • Equity €200,354 (89.5% of total assets) lowers the probability
  • Founded in 2000 lowers the probability for this profile
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 7.73 against 5.73 in 2023; short-term debt: 10.5% and cash: 79.9% of total assets), and 10.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 91%, liquidity 96%, profitability 64%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 7.73, cash €178,972
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 25-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Equity €200,354 (89.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2000
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
37 d early
2023
37 d early
2022
32 d early
2021
33 d early
2020
40 d early
2019
on the day
← 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 30 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €5,882

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Active since 2000founded 13-07-2000 26 years View
  • Total assets 20246 fiscal years filed €223,940 View

By topic

Financials

Fiscal year
2024
Total assets
€223,940
Profit
€5,882
Solvency
89.5%
Total assets▼ 24.4%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 30-06-2026Annual accounts filed
  2. 24-06-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
13-07-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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