Manilah Dining
ActiveSummary
The computed 12-month bankruptcy probability of Manilah Dining is 3.3% (moderate). The 2025 annual accounts show equity of €275k and a net result of €60k. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 13305 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-6
Solvency90▲+6
Growth52=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.75 in 2024; short-term debt: 28.2% and cash: 45.5% of total assets), and 34.9% 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 →
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
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
65.1%
Return on assets
14.2%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
9 d early
2024
31 d early
2023
37 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€275k▲ 27.9%
2024 · €215k
2023: €145k
2024: €215k
2023 → 2025
Total assets
€423k▲ 16.8%
2024 · €362k
2023: €312k
2024: €362k
2023 → 2025
Net result
€60k▼ 14.1%
2024 · €70k
2023: €142k
2024: €70k
2023 → 2025
Working capital
€147k▲ 81.2%
2024 · €81k
2023: €31k
2024: €81k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€145k-€215k▲ 48.2%€275k▲ 27.9%
Operating result€182k-€101k▼ 44.3%€90k▼ 11.2%
Net result€142k-€70k▼ 50.8%€60k▼ 14.1%
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 has fallen two years in a row; 2025 is 11% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €423k
Fixed assets
€157k ▼ 9.5%
Current assets
€266k ▲ 40.9%
Equity and liabilities €423k
Equity
€275k ▲ 27.9%
Debt
€148k ▲ 0.5%
Debt's share of the balance-sheet total falls from 40.6% to 34.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€115k▼
2024 · €125k
Cash flow
€85k▼
2024 · €93k
Current ratio
2.23▲
2024 · 1.75
Quick ratio
1.99▲
2024 · 1.56
Debt to equity
0.54▼
2024 · 0.68
ROE
21.8%▼
2024 · 32.5%
ROA
14.2%▼
2024 · 19.3%
Interest coverage
8.83▲
2024 · 8.74
Debt ≤ 1 year
€119k▲
2024 · €108k
Debt > 1 year
€22k▼
2024 · €29k
Income taxes
€18k▼
2024 · €18k
Staff costs
€197k▲
2024 · €173k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€362k€423k▲
Fixed assets21/28€173k€157k▼
Tangible fixed assets22/27€173k€157k▼
Plant, machinery and equipment23€15k€9k▼
Furniture and vehicles24€19k€16k▼
Other tangible fixed assets26€139k€132k▼
Current assets29/58€189k€266k▲
Stocks and contracts in progress3€21k€29k▲
Stocks30/36€21k€29k▲
Amounts receivable within one year40/41€13k€37k▲
Trade receivables40€2k€13k▲
Other amounts receivable41€11k€24k▲
Cash at bank and in hand54/58€151k€192k▲
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€362k€423k▲
Equity10/15€215k€275k▲
Contributions10/11€3k€3k=
Reserves13€212k€272k▲
Distributable reserves133€212k€272k▲
Amounts payable17/49€147k€148k▲
Amounts payable after more than one year17€29k€22k▼
Financial debts170/4€29k€22k▼
Amounts payable within one year42/48€108k€119k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€17k€58k▲
Suppliers440/4€17k€58k▲
Taxes, remuneration and social security45€56k€30k▼
Taxes450/3€48k€24k▼
Remuneration and social security454/9€8k€6k▼
Other amounts payable47/48€27k€25k▼
Accrued charges and deferred income492/3€9k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€173k€197k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€25k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€301k€315k▲
Operating profit (loss)9901€101k€90k▼
Financial income75/76B€642€557▼
Recurring financial income75€642€557▼
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€88k€78k▼
Income taxes67/77€18k€18k▼
Profit (loss) for the period9904€70k€60k▼
Profit (loss) for the period to be appropriated9905€70k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€60k▼
Transfer to equity691/2€70k€60k▼
To other reserves6921€70k€60k▼
Social balance
Average headcount (FTE)90876.0-
The notes to these accounts (6 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €60k ▼14.1%
Net result drops to €60k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €215k ▲48.2%
2 profitable years in a row build equity to €215k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Keerbergen · 1 establishment unit since 2022
Ground area
369 m²
Building footprint
270 m²
Volume, LiDAR
2,499 m³
Parcel 24048B0148/00F000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Manilah
since 20222.332.663.126
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048B0148/00F000 | Flanders | 369 m² | 1 · 270 m² | 11.5 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 siteKeerbergen2.332.663.126
Similar companies · same sector, comparable size
FOSMAL
BE 0477.019.274
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DE CARRÉ
BE 0472.959.429
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BINBOGA
BE 0811.494.080
Brecht · Eq €275,194
CHEZ M
BE 0861.538.459
Herstal · Eq €275,042
DARON
BE 0863.046.810
Sint-Niklaas · Eq €274,984
Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 7,874 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
Founded13-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
70200Business and other management consultancy
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.