Manitas
ActiveThe computed 12-month bankruptcy probability of Manitas is 2.3% (moderate). The 2025 annual accounts show equity of €17k and a net result of €11k. Equity is growing by ~163.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 27676 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
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-11
Solvency93▲+43
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 1.27 in 2024; short-term debt: 32.5% and cash: 0% of total assets), and 32.5% 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 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 43
Relative position
BE, all sectors
reference
Sector 43
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
67.5%
Return on assets
42.7%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
14 d early
2023
22 d early
2022
12 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 172%
2024 · €6k
2022: €1k
2023: €1k
2024: €6k
2022 → 2025
Total assets
€25k▼ 1.1%
2024 · €25k
2022: €30k
2023: €36k
2024: €25k
2022 → 2025
Net result
€11k▼ 47.5%
2024 · €20k
2022: €18k
2023: €27k
2024: €20k
2022 → 2025
Working capital
€14k▲ 169%
2024 · €5k
2022: €1k
2023: €-387
2024: €5k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€1k-€1k=€6k▲ 513%€17k▲ 172%
Operating result€22k-€33k▲ 49.9%€25k▼ 23.1%€17k▼ 31.7%
Net result€18k-€27k▲ 52.9%€20k▼ 25.6%€11k▼ 47.5%
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 32% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25k
Fixed assets
€3k▲ 167%
Current assets
€22k▼ 9.2%
Equity and liabilities €25k
Equity
€17k▲ 172%
Debt
€8k▼ 57.4%
The debt ratio falls from 75.5% to 32.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €26k
Cash flow
€11k▼
2024 · €20k
Solvency
67.5%▲
2024 · 24.5%
Current ratio
2.69▲
2024 · 1.27
Quick ratio
2.69▲
2024 · 1.27
Debt / equity
0.48▼
2024 · 3.08
ROE
63.3%▼
2024 · 328.2%
ROA
42.7%▼
2024 · 80.5%
Interest coverage
4.71▼
2024 · 32.11
Debt
€8k▼
2024 · €19k
Debt ≤ 1 year
€8k▼
2024 · €19k
Income taxes
€4k▼
2024 · €5k
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€25k€25k▼
Fixed assets21/28€1k€3k▲
Tangible fixed assets22/27€1k€3k▲
Plant, machinery and equipment23€1k€3k▲
Current assets29/58€24k€22k▼
Amounts receivable within one year40/41€19k€22k▲
Trade receivables40€5k€5k=
Other amounts receivable41€14k€17k▲
Cash at bank and in hand54/58€4k€0▼
Deferred charges and accrued income490/1€229€0▼
Equity and liabilities
Total equity and liabilities10/49€25k€25k▼
Equity10/15€6k€17k▲
Contributions10/11€1k€1k=
Reserves13€5k€16k▲
Distributable reserves133€5k€16k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€19k€8k▼
Amounts payable within one year42/48€19k€8k▼
Financial debts43-€36
Credit institutions430/8-€36
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€300€0▼
Other amounts payable47/48€15k€1k▼
Accrued charges and deferred income492/3€80€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€311€364▲
Other operating charges640/8€683€5k▲
Gross operating margin9900€26k€23k▼
Operating profit (loss)9901€25k€17k▼
Financial income75/76B€906€742▼
Recurring financial income75€906€742▼
Financial charges65/66B€800€4k▲
Recurring financial charges65€800€4k▲
Profit (loss) for the period before taxes9903€25k€14k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€20k€11k▼
Profit (loss) for the period to be appropriated9905€20k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€11k▼
Transfer to equity691/2€5k€11k▲
To other reserves6921€5k€11k▲
Profit to be distributed694/7€15k€0▼
Return on contributions (dividend)694€15k€0▼
The notes to these accounts (5 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €11k ▼47.5%
Net result drops to €11k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.69
Current ratio from 1.27 to 2.69; short-term debt falls from €19k to €8k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2022net €27k ▲52.9%
Operating result €33k, net result €27k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Duffel · 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.
Beukheuvel 1502570 DuffelGround area
2,643 m²
Building footprint
228 m²
Volume, LiDAR
1,058 m³
Parcel 12302B0616/00L000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Manitas
since 20222.337.567.465
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302B0616/00L000 | Flanders | 2,643 m² | 1 · 228 m² | 7.5 m · 2 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.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 6,803 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.