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Manine

Active
Private limited companyfounded 201115 yrs activePontstraat 143, 9800 Deinze, BelgiumKBO/BCE: BE 0837.573.521

Manine has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €12k. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 1520 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
94 / 100
Excellent▲ +42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+38
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.41 against 2.07 in 2024), and 16.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
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 2025
Solvency, return and age of the figures
Solvency
83.2%
Return on assets
6.3%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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 28-03-2026, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
33 d early
2024
22 d early
2023
28 d early
2022
30 d early
2021
45 d early
2020
43 d early
2019
22 d early
← before the deadline after the deadline →
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 months
Position in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€153k▲ 8.2%
2024 · €142k
2018: €-40k 2019: €-40k 2020: €15k 2021: €107k 2022: €162k 2023: €158k 2024: €142k
2018 → 2025
Total assets
€184k▲ 12.9%
2024 · €163k
2018: €135k 2019: €112k 2020: €102k 2021: €113k 2022: €174k 2023: €206k 2024: €163k
2018 → 2025
Net result
€12k
2024 · €-16k
2018: €33k 2019: €293 2020: €55k 2021: €92k 2022: €157k 2023: €40k 2024: €-16k
2018 → 2025
Working capital
€37k▲ 66.0%
2024 · €22k
2018: €90k 2019: €90k 2020: €94k 2021: €106k 2022: €158k 2023: €67k 2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€107k-€162k▲ 51.0%€158k▼ 2.8%€142k▼ 10.2%€153k▲ 8.2%
Operating result€93k-€158k▲ 69.8%€59k▼ 62.3%€-15k€18k
Net result€92k-€157k▲ 70.2%€40k▼ 74.3%€-16k€12k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2021: €93k€93kNet result 2021: €92k€92kOperating result 2022: €158k€158kNet result 2022: €157k€157kOperating result 2023: €59k€59kNet result 2023: €40k€40kOperating result 2024: €-15k€-15kNet result 2024: €-16k€-16kOperating result 2025: €18k€18kNet result 2025: €12k€12k20212022202320242025
The operating result returns to profit in 2025: €18k after a loss of €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets €137k▲ 13.7%
Current assets €48k▲ 10.8%
Equity and liabilities €184k
Equity €153k▲ 8.2%
Debt €31k▲ 44.3%
The debt ratio rises from 13.1% to 16.8%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36k
2024 · €-1k
Cash flow
€30k
2024 · €-3k
Solvency
83.2%
2024 · 86.9%
Current ratio
4.41
2024 · 2.07
Quick ratio
4.41
2024 · 2.07
Debt / equity
0.20
2024 · 0.15
ROE
7.6%
2024 · -11.4%
ROA
6.3%
2024 · -9.9%
Interest coverage
15.51
2024 · -1.62
Debt
€31k
2024 · €21k
Debt ≤ 1 year
€11k
2024 · €21k
Debt > 1 year
€20k
Income taxes
€4k
2024 · €392
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€163k€184k
Fixed assets21/28€120k€137k
Tangible fixed assets22/27€120k€137k
Furniture and vehicles24€9k€38k
Other tangible fixed assets26€111k€98k
Current assets29/58€43k€48k
Amounts receivable within one year40/41€33k€33k
Trade receivables40€9k€0
Other amounts receivable41€25k€33k
Cash at bank and in hand54/58€4k€14k
Deferred charges and accrued income490/1€6k€0
Equity and liabilities
Total equity and liabilities10/49€163k€184k
Equity10/15€142k€153k
Contributions10/11€153k€153k=
Reserves13€5k€17k
Distributable reserves133€5k€17k
Profit (loss) carried forward14€-16k€-16k=
Amounts payable17/49€21k€31k
Amounts payable after more than one year17-€20k
Financial debts170/4-€20k
Amounts payable within one year42/48€21k€11k
Current portion of amounts payable after more than one year42€0€7k
Financial debts43€13k€0
Credit institutions430/8€13k€0
Trade debts44€4k€3k
Suppliers440/4€4k€3k
Taxes, remuneration and social security45€3k€772
Taxes450/3€23€772
Remuneration and social security454/9€3k€0
Other amounts payable47/48€2k€18
Accrued charges and deferred income492/3€675€675=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€19k
Other operating charges640/8€2k€2k
Gross operating margin9900€730€38k
Operating profit (loss)9901€-15k€18k
Financial income75/76B€0€9
Recurring financial income75€0€9
Financial charges65/66B€859€2k
Recurring financial charges65€859€2k
Profit (loss) for the period before taxes9903€-16k€16k
Income taxes67/77€392€4k
Profit (loss) for the period9904€-16k€12k
Profit (loss) for the period to be appropriated9905€-16k€12k
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-5k
Profit (loss) brought forward from the previous period14P€0€-16k
Transfer to equity691/2€0€12k
To the legal reserve6920€0€12k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
28-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Back to profitnet €12k
Net result €12k after one loss-making year.
30-09
Financial Liquidity doublescurrent ratio 4.41
Current ratio from 2.07 to 4.41; short-term debt falls from €21k to €11k.
30-09
Financial Equity above €150kEq €153k ▲8.2%
Equity rises from €142k to €153k.
08-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet €-16k ▼140%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
02-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Highest result since 2018net €157k ▲70.2%
Operating result €158k, net result €157k, both a record.
30-09
Financial Equity above €150kEq €162k ▲51%
5 profitable years in a row build equity to €162k.
16-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Equity above €100kEq €107k ▲617%
4 profitable years in a row build equity to €107k.
18-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Liquidity doublescurrent ratio 12.24
Current ratio from 5.19 to 12.24; short-term debt falls from €21k to €8k.
08-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-03
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.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-05-2025 Resigned as Director
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2011
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.

Pontstraat 1439800 Deinze
Ground area
1,958 m²
Building footprint
174 m²
Parcel 44004A0769/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
Pontstraat 143, 9800 Deinze
Manufacture of food products
since 20112.201.502.892
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44004A0769/00T000 Flanders 1,958 m² 1 · 174 m² -
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.

Similar companies · same sector, comparable size

Of 606 companies in sector 10520 we hold annual accounts for 234. 194 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-07-2011
Fiscal year end30-09
Activities, NACEBEL
10520Manufacture of food products
46391Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.