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MANGROVE BELGIUM

Active
Private limited companyfounded 1996active for 30 yearsTer Stratenweg 29B, 2520 Ranst, BelgiumKBO/BCE: BE 0457.875.137
Summary

MANGROVE BELGIUM has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,424 and a net result of €18,615. Equity has been growing by about 51% per year since 2019. Its solvency ranks better than 50% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 02-05-1996 Normal situation
Activity
Business and other management consultancy NACE 70200
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Geylen PeterDirector · since 10-08-2023

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€148,446
▲ 8.1%
Profit
€18,615
▼ 79.9%
Equity
€86,424
▲ 27.5%
Total assets
€155,041
▲ 41.5%
Filed on 24-07-2026, 7 days before the deadline
Score breakdownraises risk1 of the last 3 accounts lateNo registered site in the KBOlowers riskLiquidity: current ratio 5.28, cash €21,831Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency 81-6
equity 55.7% of total assets
Liquidity 62+13
short-term debt 18.5% · cash 14.1%
Profitability 89-11
return on assets 12.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,528 companies, NACE 70, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.7 percentage points vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points 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 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.5 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.28 (4.67 in 2024), above the usual 1.5. Short-term debt is 18.5% and cash 14.1% of total assets. 44.3% 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 70, micro). It does better than 51% of them on solvency, 54% on liquidity, 58% on profitability and 68% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.28, cash €21,831
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
65 days late
2023
26 days late
2022
23 days early
2021
32 days early
2020
32 days early
2019
16 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 3 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 27 August (3 of the last 3 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

  • Caution: Result fell in 2025from €92,406 to €18,615 ▼ 79.9% View
  • Positive: 5 profitable years in a rowprofit 2025: €18,615 5 years View

Recent changes

  1. · Gazette deed Registered office moved within Ranst
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as MANGROVE BELGIUM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €126,000 and €169,000, founded between 1991 and 2000.

CompanyTotal assetsGross margin
MANGROVE BELGIUM Ranst€155,041€30,578
Brouwers Consulting Lier€158,182€31,188
OPTIMA FACTO Edegem€126,226€33,040
XYNTA Aartselaar€169,217€33,854
ALTER - ECO Erpe-Mere€153,924€28,627
THIJS Roger Bilzen-Hoeselt€147,716€32,912
PROCASA Jabbeke€164,902€28,071
Full comparison

Key facts about MANGROVE BELGIUM

What is the company number of MANGROVE BELGIUM?
The company number of MANGROVE BELGIUM is 0457.875.137. The VAT number is the same number with BE in front: BE 0457.875.137.
Where is MANGROVE BELGIUM based?
The registered office is at Ter Stratenweg 29B, 2520 Ranst.Company details
What does MANGROVE BELGIUM do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of MANGROVE BELGIUM?
The legal form of MANGROVE BELGIUM is Private limited company (BV).
When was MANGROVE BELGIUM founded?
MANGROVE BELGIUM was founded on 02-05-1996.
Is MANGROVE BELGIUM still active?
Yes, MANGROVE BELGIUM is an active enterprise in the KBO register.
What is the turnover of MANGROVE BELGIUM?
The turnover of MANGROVE BELGIUM was €148,446 in financial year 2025, according to the filed annual accounts.Financials
Is MANGROVE BELGIUM profitable?
In financial year 2025, MANGROVE BELGIUM made a profit of €18,615.
Where can I find the annual accounts of MANGROVE BELGIUM?
MANGROVE BELGIUM filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MANGROVE BELGIUM due?
MANGROVE BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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