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MANITAS

Active
Cooperative companyfounded 20214 yrs activeEsplanade Cesária Evora 4/3.6, 7000 Mons, BelgiumKBO/BCE: BE 0778.683.633
Summary

MANITAS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55,624 and a net result of €5,168. Equity is growing by ~19.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability53▼-33
Solvency61▼-33
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 3.2 in 2023; short-term debt: 64.4% and cash: 72.8% of total assets), but 64.4% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
35.6%
Return on assets
3.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 23-06-2026, 38 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
38 d early
2024
2 d early
2023
34 d late
2022
8 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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. Usually files around 3 August (3 of the last 4 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 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

History

MANITAS was incorporated on 15 December 2021 as a Cooperative company.1 Total assets rose from EUR 71,777 in 2022 to EUR 156,374 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€55,624▲ 10.2%
2023 · €50,457
Total assets
€156,374▲ 113%
2023 · €73,337
Net result
€5,168▼ 63.5%
2023 · €14,145
Working capital
€52,867▲ 5.1%
2023 · €50,282
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€37,294-€18,915▼ 49.3%€9,028▼ 52.3%
Net result€28,812above the sector's middle half-€14,145within the sector's middle half▼ 50.9%€5,168within the sector's middle half▼ 63.5%
Equity€36,312within the sector's middle half-€50,457within the sector's middle half▲ 39.0%€55,624within the sector's middle half▲ 10.2%
Total assets€71,777within the sector's middle half-€73,337within the sector's middle half▲ 2.2%€156,374within the sector's middle half▲ 113%
Debt€35,465-€22,880▼ 35.5%€100,749▲ 340%
Working capital€36,137within the sector's middle half-€50,282above the sector's middle half▲ 39.1%€52,867above the sector's middle half▲ 5.1%
Solvency50.6%within the sector's middle half-68.8%above the sector's middle half▲ 18.2pp35.6%within the sector's middle half▼ 33.2pp
Current ratio2.02within the sector's middle half-3.20above the sector's middle half▲ 1.181.52within the sector's middle half▼ 1.67
Return on assets (ROA)40.1%above the sector's middle half-19.3%above the sector's middle half▼ 20.9pp3.3%within the sector's middle half▼ 16.0pp
above within below the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2022: €37,294€37,294Net result 2022: €28,812€28,812Operating result 2023: €18,915€18,915Net result 2023: €14,145€14,145Operating result 2024: €9,028€9,028Net result 2024: €5,168€5,168202220232024€0€10,000€20,000€30,000€40,000Operating result 2022: €37,294€37,300Net result 2022: €28,812€28,800Operating result 2023: €18,915€18,900Net result 2023: €14,145€14,100Operating result 2024: €9,028€9,030Net result 2024: €5,168€5,170202220232024
The operating result has fallen two years in a row; 2024 is 52% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €156,374
Fixed assets €2,757 ▲ 1,475%
Current assets €153,617 ▲ 110%
Equity and liabilities €156,374
Equity €55,624 ▲ 10.2%
Debt €100,749 ▲ 340%
Debt's share of the balance-sheet total rises from 31.2% to 64.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9,188
Cash flow
€5,328
Quick ratio
1.43▼
2023 · 3.20
Debt to equity
1.81▲
2023 · 0.45
ROE
9.3%▼
2023 · 28.0%
Interest coverage
3.63
Debt ≤ 1 year
€100,749▲
2023 · €22,880
Income taxes
€1,361▼
2023 · €3,681
Staff costs
€40,027▲
2023 · €68
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€73,337€156,374▲
Fixed assets21/28€175€2,757▲
Tangible fixed assets22/27-€2,307
Plant, machinery and equipment23-€2,307
Financial fixed assets28€175€450▲
Current assets29/58€73,162€153,617▲
Stocks and contracts in progress3-€9,904
Stocks30/36-€9,904
Amounts receivable within one year40/41€20,861€29,851▲
Trade receivables40€11,588€23,576▲
Other amounts receivable41€9,273€6,275▼
Cash at bank and in hand54/58€52,301€113,862▲
Equity and liabilities
Total equity and liabilities10/49€73,337€156,374▲
Equity10/15€50,457€55,624▲
Contributions10/11€7,500€7,500=
Capital10€7,500€7,500=
Issued capital100€7,500€7,500=
Profit (loss) carried forward14€42,957€48,124▲
Amounts payable17/49€22,880€100,749▲
Amounts payable within one year42/48€22,880€100,749▲
Trade debts44€10,948€60,906▲
Suppliers440/4€10,948€60,906▲
Taxes, remuneration and social security45€10,932€19,843▲
Taxes450/3€10,932€13,175▲
Remuneration and social security454/9-€6,668
Other amounts payable47/48€1,000€20,000▲
Income statement Code20232024
Remuneration, social security and pensions62€68€40,027▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€160
Other operating charges640/8€448€2,829▲
Gross operating margin9900€19,431€52,044▲
Operating profit (loss)9901€18,915€9,028▼
Financial income75/76B€0€31▲
Recurring financial income75€0€31▲
Financial charges65/66B€1,089€2,530▲
Recurring financial charges65€1,089€2,530▲
Profit (loss) for the period before taxes9903€17,826€6,529▼
Income taxes67/77€3,681€1,361▼
Profit (loss) for the period9904€14,145€5,168▼
Profit (loss) for the period to be appropriated9905€14,145€5,168▼
Appropriation of the result
Profit (loss) to be appropriated9906€42,957€48,124▲
Profit (loss) brought forward from the previous period14P€28,812€42,957▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62€3,549€68€40,027▲ 58,686%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€160-
Other operating charges640/8€977€448€2,829▲ 531%
Gross operating margin9900€41,820€19,431€52,044▲ 168%
Operating profit (loss)9901€37,294€18,915€9,028▼ 52.3%
Financial income75/76B-€0€31▲ 157,300%
Recurring financial income75-€0€31▲ 157,300%
Financial charges65/66B€1,231€1,089€2,530▲ 132%
Recurring financial charges65€1,231€1,089€2,530▲ 132%
Profit (loss) for the period before taxes9903€36,063€17,826€6,529▼ 63.4%
Income taxes67/77€7,251€3,681€1,361▼ 63.0%
Profit (loss) for the period9904€28,812€14,145€5,168▼ 63.5%
Profit (loss) for the period to be appropriated9905€28,812€14,145€5,168▼ 63.5%
Line202220232024Change
Assets
Total assets20/58€71,777€73,337€156,374▲ 113%
Fixed assets21/28€175€175€2,757▲ 1,475%
Tangible fixed assets22/27--€2,307-
Plant, machinery and equipment23--€2,307-
Financial fixed assets28€175€175€450▲ 157%
Current assets29/58€71,602€73,162€153,617▲ 110%
Stocks and contracts in progress3--€9,904-
Stocks30/36--€9,904-
Amounts receivable within one year40/41€16,514€20,861€29,851▲ 43.1%
Trade receivables40€8,088€11,588€23,576▲ 103%
Other amounts receivable41€8,426€9,273€6,275▼ 32.3%
Cash at bank and in hand54/58€55,088€52,301€113,862▲ 118%
Equity and liabilities
Total equity and liabilities10/49€71,777€73,337€156,374▲ 113%
Equity10/15€36,312€50,457€55,624▲ 10.2%
Contributions10/11€7,500€7,500€7,500=
Capital10€7,500€7,500€7,500=
Issued capital100€7,500€7,500€7,500=
Profit (loss) carried forward14€28,812€42,957€48,124▲ 12.0%
Amounts payable17/49€35,465€22,880€100,749▲ 340%
Amounts payable within one year42/48€35,465€22,880€100,749▲ 340%
Trade debts44€28,214€10,948€60,906▲ 456%
Suppliers440/4€28,214€10,948€60,906▲ 456%
Taxes, remuneration and social security45€7,251€10,932€19,843▲ 81.5%
Taxes450/3€7,251€10,932€13,175▲ 20.5%
Remuneration and social security454/9--€6,668-
Other amounts payable47/48-€1,000€20,000▲ 1,900%
Line202220232024Change
Profit (loss) for the period9904€28,812€14,145€5,168▼ 63.5%
+ Depreciation and write-downs630--€160-
Operating cash flow (approximation)€28,812€14,145€5,328▼ 62.3%
Investment in fixed assets (approximation)-€0-€2,743-
Change in cash--€2,787€61,561▲ 2,309%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €5,168 ▼63.5%
Net result drops to €5,168, the lowest in the series.
03-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
2023
08-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mons · 2 establishment units since 2021
seat establishment All 2 establishment units on the map
Ground area
9,190 m²
Building footprint
1,134 m²
Volume, LiDAR
2,002 m³
3 parcels, Wallonia · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
MANITAS
Grand-Place 18, 7000 MonsFood and beverage service activities
since 20212.325.153.940
PADLE ESTATE
Rue Mathys (N.) 15, 7020 MonsFood and beverage service activities
since 20242.362.722.931
3 parcels
Wallonia 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53404B0725/00K000 Wallonia 8,509 m² 1 · 969 m² -
53059D0169/00L002 Wallonia 596 m² 1 · 97 m² 11.9 m · 3 fl.
53403G0348/00A000 Wallonia 85 m² 1 · 68 m² 16.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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 6,725 companies in this sector we hold annual accounts for 1,168. 913 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formCooperative company
Founded15-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
93299Other amusement and recreation activities
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0778683633
Registered 02-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.