MANFORCE (1015.052.936): annual accounts, directors and company register

MANFORCE

Ostend ·KBO/BCE: BE 1015.052.936

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%

Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

Company
MANFORCE Ostend	€2.8m	€1.0m	8.5%	8.1
GOSSET Mons	€2.0m	€1.4m	20.6%	12.5
SIPA Dilsen-Stokkem	€2.0m	€1.3m	17.1%	10
RECOTEX Wetteren	€3.0m	€0.7m	10.1%	4.6
CSE Solutions Diksmuide	€2.0m	€1.2m	20.9%	11.1
Bekaert Building Logistics Waregem	€4.7m	€1.3m	72.6%	4
MS PROJECTS Waregem	€1.2m	€0.7m	4.8%	7.1

Line	2025	2024
Balance sheet: assets
`20/58`	2.8m	1.2m
`21/28`	187,737	231,139
`21`	19,527	1,608
`22/27`	166,170	227,491
`23`	99,637	125,024
`24`	50,254	84,130
`26`	16,279	18,338
`28`	2,040	2,040
`29/58`	2.6m	989,652
`3`	34,633	-
`30/36`	34,633	-
`40/41`	1.5m	898,723
`40`	868,638	781,185
`41`	627,303	117,538
`54/58`	26,019	90,929
`490/1`	1.1m	-
Balance sheet: equity and liabilities
`10/49`	2.8m	1.2m
`10/15`	238,431	-508,951
`10/11`	606,000	6,000
`13`	25,659	25,659
`133`	25,659	25,659
`14`	-393,228	-540,610
`17/49`	2.6m	1.7m
`17`	0	1.2m
`170/4`	0	1.2m
`42/48`	2.6m	558,742
`44`	707,062	250,871
`440/4`	707,062	250,871
`46`	1.5m	978
`45`	169,235	189,737
`450/3`	94,191	34,011
`454/9`	75,044	155,726
`47/48`	190,578	117,157
`492/3`	81	-
Income statement
`76A`	0	4,028
`9900`	991,664	1.0m
`62`	514,945	771,137
`630`	89,885	111,887
`640/8`	9,148	27,432
`9901`	377,686	120,863
`75/76B`	3,646	2,380
`75`	3,646	2,380
`65/66B`	6,865	4,344
`65`	6,865	4,344
`9903`	374,467	118,899
`67/77`	55,710	32,636
`9904`	318,757	86,262
`9905`	318,757	86,262
Appropriation of the result
`9906`	-221,853	-540,610
`14P`	-540,610	-626,873
`694/7`	171,375	-
`695`	171,375	-
Social balance sheet
`9087`	8.1	3
Hours worked`1013`	13,488	4,551
Document	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	04-09-2026	2026-00508861	PDF
31-12-2024	abbreviated format	24-10-2025	2025-00551655	PDF

Line	Trend	2025	2024
		467,571	232,749
		408,642	198,149
		46,482	507,477
		-64,910	-
		50,776	430,909
		8.5%	-41.7%
		1.02	1.77
		1.01	1.77
		10.78	-
		133.7%	-
		11.4%	7.1%
		68.11	53.58

Item	31-12-2025	31-12-2024
Employees at the balance-sheet date	9	8
full-time	8	8
part-time	1	0
in full-time equivalents	8.6	8
	8.1	3
On a permanent contract	9	8
Joined	3	10
Left	2	2

Item	2025	2024
Tangible fixed assets	€25,570	€499,624
Intangible fixed assets	€20,912	€5,813
Financial fixed assets	€0	€2,040
	€89,885	€111,887

Overview

Lifetime

Key points

Result

Turnover

Debts

Staff

Liquidity

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on MANFORCE

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency8.5%

Current ratio1.02

Return on assets11.4%

Staff

Staff cost per FTE€63,573

Joined and left+1 person

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2025, 1 entry, €1,083 awarded

Key figures and ratios

Social balance sheet

Investments

Insights on MANFORCE

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Shareholders

Owners 2

Capital transactions

Network & group

No group

Acquisitions and mergers

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Invoicing and payment

in euro

in euro

8.5%

1.02

11.4%

€63,573

+1 person