Manfra

Active

Private limited company (pre-2019)founded 2013active for 12 yearsKoetsstraat 16, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0543.268.195

Summary

The computed 12-month bankruptcy probability of Manfra is 1.7% (moderate). The 2025 annual accounts show equity of €61,922 and a net result of €6,617. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 61% of 9,320 sector peers (NACE 41, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ManfraActiveChecked score 56/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

€115,587total assets 2025

Equity: €61,922
Profit: €6,617

Turnover not published (micro format)

Financial health

56 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.7%

Structure

2025 accounts filed 76 days late3 deeds in the Belgian Official Gazette

Why 56raises riskLast filed accounts filed 76 days late; 1 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €115,587lowers riskFounded in 2013Show the evidence

Checked score

Score 2025

56 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 53% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 79-7

equity 53.6% of total assets

Liquidity 42+2

short-term debt 24.1% · cash 0.7%

Profitability 76-24

return on assets 5.7%

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.7%▼ -0.1 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▼ -0.1 percentage points vs 07-2025 09-2025: 0.6%▼ -0.2 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025lowest value 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.3 percentage points vs 08-2026 10-2026: 1.7%▲ +0.2 percentage points vs 09-2026highest value

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.92, compared with 2.86 in 2024, above the usual 1.5; short-term debt: 24.1% and cash: 0.7% of total assets), and 46.4% 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 41, micro): better than 62% on solvency, 39% on liquidity, 53% on profitability and 56% on growth.

The bankruptcy probability was computed on 26-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises risk

Last filed accounts filed 76 days late; 1 of the last 3 late

NBB · filings

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Size: total assets €115,587

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2013

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

2025 accounts filed 76 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 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 filings

Deviation from the deadline

2025

76 days late

2024

8 days early

2023

1 day early

2022

3 days late

2021

2 days early

2020

27 days late

2019

89 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 26 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)

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 31 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-10-2026 Annual accounts filedfinancial year 2025 · micro…
23-07-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Highest result from 2018 to 2025net €24,100 ▲3,152%

Key points

Caution: Latest accounts filed lateafter the legal deadline 76 days View
Positive: 5 profitable years in a rowprofit 2025: €6,617 5 years View
Total assets 20256 financial years filed €115,587 View

By topic

Financials

Financial year: 2025
Total assets: €115,587
Profit: €6,617
Solvency: 53.6%

Total assets▲ 26.7%

Net result

20182025

Go to Financials

Timeline

Events: 16
Since: 2015
Next accounts: by 31-07-2027

31-12-2024Liquidity doubles
30-07-2024Annual accounts filed
03-08-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: General construction of residential buildingsNACE 41001
Founded: 13-12-2013
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Manfra

What is the company number of Manfra?: 0543.268.195. In Belgium the VAT number is the company number with BE in front: BE 0543.268.195.
Where is Manfra based?: The registered office is at Koetsstraat 16, 3530 Houthalen-Helchteren.Company details
What does Manfra do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Manfra?: Private limited company (pre-2019) (BVBA).
When was Manfra founded?: On 13-12-2013.
Is Manfra still active?: Yes, Manfra is an active enterprise in the KBO register.
How many employees does Manfra have?: On average 3.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of Manfra?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Manfra profitable?: In financial year 2025, Manfra made a profit of €6,617.
Where can I find the annual accounts of Manfra?: Manfra filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Manfra due?: By 31-07-2027, for financial year 2026.Timeline