MANHA
ActiveThe computed 12-month bankruptcy probability of MANHA is 2.9% (moderate). The 2025 annual accounts show equity of €805 and a net result of €20k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 14% of 10345 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+19
Solvency28▲+28
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 10345 sector peers (2025).
NBB · sector comparisonPosition among 10345 sector peers
Solvency
better than 14%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
20 d early
2023
32 d early
2022
56 d early
2021
31 d late
2020
31 d late
2019
185 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€805
2024 · €-19k
2019: €-5k
2020: €-3k
2021: €-22k
2022: €-24k
2023: €-22k
2024: €-19k
2019 → 2025
Total assets
€30k▲ 66.5%
2024 · €18k
2019: €20k
2020: €32k
2021: €32k
2022: €73k
2023: €158k
2024: €18k
2019 → 2025
Net result
€20k▲ 530%
2024 · €3k
2019: €-11k
2020: €2k
2021: €-19k
2022: €-2k
2023: €2k
2024: €3k
2019 → 2025
Working capital
€594
2024 · €-19k
2019: €-5k
2020: €-3k
2021: €-22k
2022: €-24k
2023: €-22k
2024: €-19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-22k-€-24k▼ 9.6%€-22k▲ 6.7%€-19k▲ 14.2%€805
Operating result€-19k-€-446▲ 97.6%€5k€5k▼ 6.2%€19k▲ 313%
Net result€-19k-€-2k▲ 88.9%€2k€3k▲ 89.2%€20k▲ 530%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 313% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets
€211=
Current assets
€30k▲ 67.3%
Equity and liabilities €30k
Equity
€805
Debt
€29k
Debt finances 97.3% of the balance-sheet total.
Key figures and ratios
Solvency
2.7%▲
2024 · -105.6%
Current ratio
1.02▲
2024 · 0.48
Quick ratio
1.02▲
2024 · 0.48
ROA
66.1%▲
2024 · 17.5%
Debt
€29k▼
2024 · €37k
Debt ≤ 1 year
€29k▼
2024 · €37k
Staff costs
€43k▲
2024 · €17k
Equity ratios withheld: equity of €805 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€18k€30k▲
Fixed assets21/28€211€211=
Financial fixed assets28€211€211=
Current assets29/58€18k€30k▲
Amounts receivable within one year40/41€13k€26k▲
Other amounts receivable41€13k€26k▲
Cash at bank and in hand54/58€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€18k€30k▲
Equity10/15€-19k€805▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Profit (loss) carried forward14€-25k€-5k▲
Amounts payable17/49€37k€29k▼
Amounts payable within one year42/48€37k€29k▼
Trade debts44€37k€16k▼
Suppliers440/4€37k€16k▼
Taxes, remuneration and social security45€447€13k▲
Taxes450/3€447€1k▲
Remuneration and social security454/9€0€12k▲
Income statement
Code20242025
Non-recurring operating income76A€180k-
Remuneration, social security and pensions62€17k€43k▲
Other operating charges640/8€558€567▲
Gross operating margin9900€22k€63k▲
Operating profit (loss)9901€5k€19k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Non-recurring financial income76B-€1k
Financial charges65/66B€218€348▲
Recurring financial charges65€218€348▲
Profit (loss) for the period before taxes9903€4k€20k▲
Income taxes67/77€1k-
Profit (loss) for the period9904€3k€20k▲
Profit (loss) for the period to be appropriated9905€3k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-5k▲
Profit (loss) brought forward from the previous period14P€-28k€-25k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €20k ▲530%
Operating result €19k, net result €20k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.02
Current ratio from 0.48 to 1.02; short-term debt falls from €37k to €29k.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-19k ▼1057%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
01-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 185 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Emile Bossaertlaan 61081 KoekelbergGround area
82 m²
Building footprint
83 m²
Volume, LiDAR
803 m³
Parcel 21011A0042/00Y002, Brussels · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Librairie Bossaert
since 20222.330.085.203
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0042/00Y002 | Brussels | 82 m² | 1 · 83 m² | 17.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKoekelberg2.330.085.203
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 651 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-02-2019
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:patwaryaliamin@gmail.com
Phone:+32465575308