MANICK
ActiveSummary
MANICK has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €45k. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 57% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+87
Solvency64▲+16
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.54 in 2024; short-term debt: 17.8% and cash: 11.3% of total assets), and 61.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.8%
Return on assets
14.6%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
42 d early
2023
38 d early
2022
33 d early
2021
36 d early
2020
29 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 60.1%
2024 · €75k
2018: €328k
2019: €358k
2020: €381k
2021: €394k
2022: €458k
2023: €133k
2024: €75k
2018 → 2025
Total assets
€310k▼ 5.3%
2024 · €327k
2018: €589k
2019: €582k
2020: €554k
2021: €527k
2022: €582k
2023: €185k
2024: €327k
2018 → 2025
Net result
€45k
2024 · €-58k
2018: €9k
2019: €30k
2020: €22k
2021: €14k
2022: €92k
2023: €-60k
2024: €-58k
2018 → 2025
Working capital
€-7k▲ 84.3%
2024 · €-43k
2018: €-125k
2019: €-109k
2020: €-89k
2021: €-85k
2022: €-50k
2023: €88k
2024: €-43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€394k-€458k▲ 16.3%€133k▼ 71.0%€75k▼ 43.5%€120k▲ 60.1%
Operating result€22k-€129k▲ 497%€-23k€-50k▼ 113%€55k
Net result€14k-€92k▲ 578%€-60k€-58k▲ 2.6%€45k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €55k after a loss of €50k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310k
Fixed assets
€262k ▼ 5.4%
Current assets
€48k ▼ 4.3%
Equity and liabilities €310k
Equity
€120k ▲ 60.1%
Debt
€190k ▼ 24.7%
Debt's share of the balance-sheet total falls from 77.0% to 61.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100k▲
2024 · €-19k
Cash flow
€90k▲
2024 · €-27k
Current ratio
0.88▲
2024 · 0.54
Quick ratio
0.78▲
2024 · 0.49
Debt to equity
1.58▼
2024 · 3.36
ROE
37.5%▲
2024 · -77.1%
ROA
14.6%▲
2024 · -17.7%
Interest coverage
10.66▲
2024 · -2.52
Debt ≤ 1 year
€55k▼
2024 · €94k
Debt > 1 year
€134k▼
2024 · €158k
Income taxes
€152▼
2024 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€327k€310k▼
Fixed assets21/28€277k€262k▼
Tangible fixed assets22/27€274k€259k▼
Plant, machinery and equipment23€17k€14k▼
Furniture and vehicles24€48k€31k▼
Other tangible fixed assets26€209k€214k▲
Financial fixed assets28€3k€3k=
Current assets29/58€51k€48k▼
Stocks and contracts in progress3€5k€5k▲
Stocks30/36€5k€5k▲
Amounts receivable within one year40/41€1k€5k▲
Trade receivables40€1k€5k▲
Cash at bank and in hand54/58€41k€35k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€327k€310k▼
Equity10/15€75k€120k▲
Contributions10/11€20k€20k=
Reserves13€172k€170k▼
Distributable reserves133€172k€170k▼
Profit (loss) carried forward14€-117k€-70k▲
Amounts payable17/49€252k€190k▼
Amounts payable after more than one year17€158k€134k▼
Financial debts170/4€158k€134k▼
Amounts payable within one year42/48€94k€55k▼
Current portion of amounts payable after more than one year42€23k€24k▲
Trade debts44€15k€12k▼
Suppliers440/4€15k€12k▼
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€50k€9k▼
Accrued charges and deferred income492/3€289€300▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€45k▲
Other operating charges640/8€5k€256▼
Gross operating margin9900€-14k€100k▲
Operating profit (loss)9901€-50k€55k▲
Financial income75/76B€1€12▲
Recurring financial income75€1€12▲
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€-58k€45k▲
Income taxes67/77€160€152▼
Profit (loss) for the period9904€-58k€45k▲
Profit (loss) for the period to be appropriated9905€-58k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-117k€-72k▲
Profit (loss) brought forward from the previous period14P€-60k€-117k▼
Transfer from equity791/2-€2k
The notes to these accounts (7 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
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €45k
Net result €45k after 2 loss-making years.
30-09
Financial
Equity above €100kEq €120k ▲60.1%
Equity rises from €75k to €120k.
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 11current ratio 4.54
Current ratio from 0.41 to 4.54; short-term debt falls from €85k to €25k.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €92k ▲578%
Operating result €129k, net result €92k, both a record.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Malle · 1 establishment unit since 2011
Ground area
1,513 m²
Building footprint
257 m²
Volume, LiDAR
1,273 m³
Parcel 11049B0128/00F000, Flanders · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Manick
since 20112.199.071.261
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049B0128/00F000 | Flanders | 1,513 m² | 1 · 257 m² | 11.7 m · 1 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 siteMalle2.199.071.261
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,580 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2011
Fiscal year end30-09
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ceuppensmarc@telenet.be