MANGO PROJECTS
The computed 12-month bankruptcy probability of MANGO PROJECTS is 3.1% (moderate). The 2024 annual accounts show negative equity (€-1.21M) and a net result of €-581k. Equity is shrinking by ~81.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 977 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-1.21M |
| Net result | €-581k |
| Better than sector | 8% |
| Active | 5 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -13.0% | 35.4% | |
| Net result | €-581k | €29k | |
| Equity | €-1.21M | €118k | |
| Gross operating margin | €11k | €173k | |
| Total assets | €9.29M | €516k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €10k |
| Net profit | €-581k |
| Cash flow | €-536k |
| Staff costs | - |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €9.29M |
| Equity | €-1.21M |
| Debt | €10.49M |
| of which ≤ 1y | €1.19M |
| of which > 1y | €9.31M |
| Working capital | €7.97M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 7.72 |
| Quick ratio | 1.04 |
| Working capital ratio | 85.9% |
| Solvency | -13.0% |
| Debt / equity | -8.70 |
| Long-term debt ratio | -7.71 |
| Interest coverage | 0.02 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.3% |
| ROE | 48.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9.29M |
| Fixed assets | 21/28 | €126k |
| Tangible fixed assets | 22/27 | €126k |
| Current assets | 29/58 | €9.16M |
| Stocks & contracts in progress | 3 | €7.92M |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €1.15M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9.29M |
| Equity | 10/15 | €-1.21M |
| Contributions / capital | 10/11 | €202k |
| Accumulated profits (losses) | 14 | €-1.41M |
| Amounts payable | 17/49 | €10.49M |
| Amounts payable after one year | 17 | €9.31M |
| Amounts payable within one year | 42/48 | €1.19M |
| Trade debts payable within one year | 44 | €303k |
| Income statement | ||
| Gross operating margin | 9900 | €11k |
| Operating result | 9901 | €-35k |
| Financial income | 75 | €334 |
| Financial charges | 65 | €547k |
| Result before taxes | 9903 | €-581k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-581k |
| Result to be appropriated | 9905 | €-581k |
| NACE primary | Specialised construction(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 14-06-2021 |
| Status | Active |
| Postal code | 1755 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23058C0113/00A005 | Flanders | 2,348 m² | 1 · 176 m² | 16.5 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-03-2025 1 director appointed, 1 resigning
- Remato BV, Bestuurder
- Angelo Liburni, Bestuurder
Technical details
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},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-24",
"filing_date": "2025-03-14",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
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"date": "2024-12-10",
"unanimous": true
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],
"is_correction": false,
"subject_company": {
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MANGO PROJECTS |