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MANGERO

Active
Private limited companyfounded 2016active for 9 yearsWikingerhof(Kor) 7, 8500 Kortrijk, BelgiumKBO/BCE: BE 0668.449.863
Summary

The computed 12-month bankruptcy probability of MANGERO is 4.1% (elevated). The 2025 annual accounts show equity of €18,112 and a net result of -€13,058. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 48% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-12-2016 Normal situation
Activity
Full-service restaurants NACE 56111and 6 others
Establishment unit
2.316.531.828 8500 Kortrijk, since 03-05-2021
Financial year end
31 December
Peppol
Reachable since 05-12-2025

Board and ownership

Board
  • Bert NicolasDirector

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.1%
Annual accounts 2025
Gross margin
-€9,378
▼ 93.4%
Loss
€13,058
▼ 27.9%
Equity
€18,112
▼ 41.9%
Total assets
€67,156
▲ 4.0%
  • 2025 accounts filed 11 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Liquidity: current ratio 1.31, cash €5, halvedLoss of €13,058, the second in a row (financial year 2025)1 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 21% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 52-21
equity 27.0% of total assets
Liquidity 11-13
short-term debt 73.0% · cash 0.0%
Profitability 0=
return on assets -19.4%
Bankruptcy probability within 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 3.5% 01-2025: 3.5%● unchanged vs 12-2024 02-2025: 3.1%▼ -0.4 percentage points vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.2%▲ +0.1 percentage points vs 03-2025 05-2025: 2.9%▼ -0.3 percentage points vs 04-2025 06-2025: 2.8%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 3.0%▲ +0.2 percentage points vs 06-2025 08-2025: 3.6%▲ +0.6 percentage points vs 07-2025 09-2025: 3.1%▼ -0.5 percentage points vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.1%● unchanged vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.2%▲ +0.1 percentage points vs 03-2026 05-2026: 3.1%▼ -0.1 percentage points vs 04-2026 06-2026: 2.9%▼ -0.2 percentage points vs 05-2026 07-2026: 3.1%▲ +0.2 percentage points vs 06-2026 08-2026: 3.6%▲ +0.5 percentage points vs 07-2026 09-2026: 3.3%▼ -0.3 percentage points vs 08-2026 10-2026: 4.1%▲ +0.8 percentage points vs 09-2026highest value 11-2026: 4.1%● unchanged vs 10-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.31 (1.84 in 2024), below the usual 1.5. Short-term debt is 73% and cash 0% of total assets. 73% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 48% of them on solvency, 10% on liquidity, 8% on profitability and 17% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Liquidity: current ratio 1.31, cash €5, halved
NBB · annual accounts
raises risk · Loss of €13,058, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€13,058
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 9 filings
Deviation from the deadline
2025
11 days late
2024
20 days late
2023
1 day early
2022
5 days early
2021
18 days early
2020
13 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€13,058 View
  • Caution: Lower net result than 82% of companies in food and beverage servicesector median €4,882 · 16,979 companies -€13,058 View

Recent changes

  1. · Gazette deed Registered office moved within KortrijkNew seat: Wikingerhof 7, 8500 Kortrijk · Previous seat: Loodwitstraat(Kor) 6 B, 8500 Kortrijk
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as MANGERO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €58,700 and €75,700, founded between 2015 and 2018.

CompanyTotal assetsGross margin
MANGERO Kortrijk€67,156-€9,378
JKMG Torhout€72,759-€2,000
BD WINE Roeselare€65,069-€3,460
DS CATERING Waregem€75,660-€1,334
YESS OOSTENDE Oostkamp€58,729€659
PAVILLON RODIN Sint-Pieters-Woluwe€67,559-€11,336
THERIVER Durbuy€62,540-€72,068
Full comparison

Key facts about MANGERO

What is the company number of MANGERO?
The company number of MANGERO is 0668.449.863. The VAT number is the same number with BE in front: BE 0668.449.863.
Where is MANGERO based?
The registered office is at Wikingerhof(Kor) 7, 8500 Kortrijk.Company details
What does MANGERO do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of MANGERO?
The legal form of MANGERO is Private limited company (BV).
When was MANGERO founded?
MANGERO was founded on 24-12-2016.
Is MANGERO still active?
Yes, MANGERO is an active enterprise in the KBO register.
What is the turnover of MANGERO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MANGERO profitable?
In financial year 2025, MANGERO made a loss of €13,058.
Where can I find the annual accounts of MANGERO?
MANGERO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MANGERO due?
MANGERO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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