MANGANO CARMELO
Annual accounts 2025
micro format, filed on 10-06-2026, 51 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €110,000 and €410,000.
Balance sheet
balance sheet total €87,557 on 31-12-2025in euro
Position in the sector
-104.4%
Lower than 95% of 35,136 companies in 2025.
7.69
Higher than 91% of 34,510 companies in 2025.
-37.6%
Lower than 95% of 34,711 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
87,557 | 32,676 | 133,260 | |
20 |
- | - | 1,623 | |
21/28 |
4,962 | 12,075 | 23,082 | |
22/27 |
4,962 | 12,075 | 23,082 | |
23 |
1,300 | 2,121 | 6,835 | |
24 |
3,661 | - | - | |
25 |
- | 9,954 | 16,247 | |
29/58 |
82,595 | 20,601 | 108,554 | |
3 |
- | - | 75,074 | |
37 |
- | - | 75,074 | |
40/41 |
79,753 | 15,413 | 8,172 | |
40 |
14,000 | - | 2,084 | |
41 |
65,753 | 15,413 | 6,088 | |
54/58 |
854 | - | 14,941 | |
490/1 |
1,988 | 5,187 | 10,368 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
87,557 | 32,676 | 133,260 | |
10/15 |
-91,453 | -58,499 | 53,008 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
-96,453 | -63,499 | 48,008 | |
17/49 |
179,010 | 91,175 | 80,252 | |
17 |
166,790 | 54,383 | 10,438 | |
170/4 |
166,790 | 54,383 | 10,438 | |
42/48 |
10,736 | 36,417 | 63,269 | |
42 |
2,309 | 5,561 | 5,976 | |
43 |
- | 12,372 | - | |
430/8 |
- | 12,372 | - | |
44 |
5,956 | 14,723 | 8,398 | |
440/4 |
5,956 | 14,723 | 8,398 | |
45 |
2,471 | 3,762 | 26,590 | |
450/3 |
2,471 | 295 | 15,813 | |
454/9 |
- | 3,467 | 10,777 | |
47/48 |
- | - | 22,305 | |
492/3 |
1,484 | 375 | 6,545 | |
| Income statement | ||||
9900 |
24,424 | 39,362 | 115,127 | |
62 |
30 | 54,143 | 45,483 | |
630 |
7,113 | 10,242 | 4,910 | |
640/8 |
1,856 | 6,209 | 2,172 | |
66A |
35,604 | 2,242 | - | |
9901 |
-20,180 | -33,475 | 62,562 | |
75/76B |
1,312 | 952 | - | |
75 |
1,312 | 952 | - | |
65/66B |
13,830 | 14,379 | 3,691 | |
65 |
13,830 | 9,530 | 3,691 | |
66B |
- | 4,849 | - | |
9903 |
-32,698 | -46,902 | 58,871 | |
67/77 |
256 | 273 | 10,863 | |
9904 |
-32,954 | -47,176 | 48,008 | |
9905 |
-32,954 | -47,176 | 48,008 | |
| Appropriation of the result | ||||
9906 |
-96,453 | -63,499 | 48,008 | |
14P |
-63,499 | -16,324 | - | |
| Social balance sheet | ||||
9087 |
- | 1.2 | 0.8 | |
Hours worked1013 |
- | 1,301 | 1,274 | |
| Document | ||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -13,066 | -23,232 | 67,471 | ||
| -25,840 | -36,933 | 52,917 | ||
| 79,588 | 2,462 | 26,823 | ||
| 71,859 | -15,817 | 45,286 | ||
| -104.4% | -179.0% | 39.8% | ||
| 7.69 | 0.57 | 1.72 | ||
| 7.69 | 0.57 | 0.53 | ||
| - | - | 1.51 | ||
| - | - | 90.6% | ||
| -37.6% | -144.4% | 36.0% | ||
| -0.94 | -2.44 | 18.28 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | - | 2 |
| full-time | - | 2 |
| in full-time equivalents | - | 2 |
| 1.2 | 0.8 | |
| Joined | 1 | 2 |
| Left | 3 | 0 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Overdue debts
tax and social security| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Overdue tax debts | €292 | - | - |
| Overdue social security (RSZ) debts | - | €2,590 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of debts)
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Debts guaranteed by Belgian public bodies | €47,000 | €50,000 | - |
| Pledge on other assets, amount secured | - | €16,414 | €16,414 |
| Carrying value of the other pledged assets | - | €9,954 | €16,247 |
Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €79,588 | €2,462 | €26,823 |
| €7,113 | €10,242 | €4,910 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MANGANO CARMELO
The operating result for 2025 is a loss of €20,180, smaller than the loss of €33,475 in 2024.
Equity is negative. Debt (€179,010) exceeds the balance-sheet total (€87,557).