MANITOO
ActiveSummary
MANITOO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4,590 and a net result of €56,280. Equity is shrinking by ~44.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency31▼-4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
5.7%
Return on assets
70.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 20783 sector peers (2024).
NBB · sector comparisonPosition among 20783 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
28 d early
2022
31 d late
2021
39 d early
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€4,590▼ 13.6%
2023 · €5,310
Total assets
€80,218▲ 44.4%
2023 · €55,546
Net result
€56,280▲ 99.0%
2023 · €28,275
Working capital
€256
2023 · -€9,491
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€48,249▼ 5.0%€43,358▼ 10.1%€50,593▲ 16.7%€36,094▼ 28.7%€71,358▲ 97.7%
Net result€37,587▼ 3.2%€34,140▼ 9.2%€40,163▲ 17.6%€28,275▼ 29.6%€56,280▲ 99.0%
Equity€22,646▼ 76.9%€20,872▼ 7.8%€5,035▼ 75.9%€5,310▲ 5.5%€4,590▼ 13.6%
Total assets€151,059=€92,136▼ 39.0%€68,704▼ 25.4%€55,546▼ 19.2%€80,218▲ 44.4%
Debt€128,413=€71,264▼ 44.5%€63,670▼ 10.7%€50,236▼ 21.1%€75,628▲ 50.5%
Working capital€11,648=-€1,619-€18,815▼ 1,062%-€9,491▲ 49.6%€256
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 98% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80,218
Fixed assets
€4,334 ▼ 70.7%
Current assets
€75,884 ▲ 86.2%
Equity and liabilities €80,218
Equity
€4,590 ▼ 13.6%
Debt
€75,628 ▲ 50.5%
Debt's share of the balance-sheet total rises from 90.4% to 94.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€71,825▲
2023 · €48,638
Cash flow
€56,747▲
2023 · €40,819
Current ratio
1.00▲
2023 · 0.81
Debt to equity
16.48▲
2023 · 9.46
ROA
70.2%▲
2023 · 50.9%
Interest coverage
524.27▲
2023 · 218.31
Debt ≤ 1 year
€75,628▲
2023 · €50,236
Income taxes
€14,941▲
2023 · €7,596
A ratio outside any meaningful range has been withheld (balance sheet total €80,218, equity €4,590).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,322 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
3.1%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 1,322 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,925 | €13,812 | €12,544 | €12,544 | €467 | ▼ 96.3% |
| Other operating charges640/8 | - | €84 | €85 | €93 | €412 | ▲ 343% |
| Gross operating margin9900 | €68,428 | €57,254 | €63,222 | €48,731 | €72,237 | ▲ 48.2% |
| Operating profit (loss)9901 | €48,249 | €43,358 | €50,593 | €36,094 | €71,358 | ▲ 97.7% |
| Financial income75/76B | - | €174 | €0 | - | - | - |
| Recurring financial income75 | €0 | €174 | €0 | - | - | - |
| Financial charges65/66B | - | €517 | €352 | €223 | €137 | ▼ 38.5% |
| Recurring financial charges65 | €612 | €517 | €352 | €223 | €137 | ▼ 38.5% |
| Profit (loss) for the period before taxes9903 | €47,637 | €43,015 | €50,240 | €35,871 | €71,221 | ▲ 98.5% |
| Income taxes67/77 | €10,174 | €8,875 | €10,078 | €7,596 | €14,941 | ▲ 96.7% |
| Profit (loss) for the period9904 | €37,587 | €34,140 | €40,163 | €28,275 | €56,280 | ▲ 99.0% |
| Profit (loss) for the period to be appropriated9905 | €37,587 | €34,140 | €40,163 | €28,275 | €56,280 | ▲ 99.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €151,059 | €92,136 | €68,704 | €55,546 | €80,218 | ▲ 44.4% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €52,484 | €39,889 | €27,345 | €14,801 | €4,334 | ▼ 70.7% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €52,484 | €39,889 | €27,345 | €14,801 | €4,334 | ▼ 70.7% |
| Furniture and vehicles24 | - | €39,889 | €27,345 | €14,801 | €4,334 | ▼ 70.7% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €139,670 | €52,247 | €41,360 | €40,746 | €75,884 | ▲ 86.2% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €21,175 | €28,703 | €11,468 | €16,111 | €18,061 | ▲ 12.1% |
| Trade receivables40 | - | €13,613 | - | €10,285 | €14,157 | ▲ 37.6% |
| Other amounts receivable41 | - | €15,090 | €11,468 | €5,826 | €3,904 | ▼ 33.0% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €125,611 | €22,855 | €29,188 | €23,911 | €57,573 | ▲ 141% |
| Deferred charges and accrued income490/1 | - | €689 | €704 | €724 | €250 | ▼ 65.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €151,059 | €92,136 | €68,704 | €55,546 | €80,218 | ▲ 44.4% |
| Equity10/15 | €22,646 | €20,872 | €5,035 | €5,310 | €4,590 | ▼ 13.6% |
| Contributions10/11 | €18,600 | €18,600 | €4,460 | €4,460 | €4,460 | = |
| Capital10 | - | €18,600 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Outside capital11 | - | - | €4,460 | €4,460 | €4,460 | = |
| Share premium1100/10 | - | - | €4,460 | €4,460 | €4,460 | = |
| Reserves13 | €1,860 | €1,860 | - | - | - | - |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | €77,637 | €412 | €575 | €850 | €130 | ▼ 84.7% |
| Amounts payable17/49 | €128,413 | €71,264 | €63,670 | €50,236 | €75,628 | ▲ 50.5% |
| Amounts payable after more than one year17 | €31,178 | €17,398 | €3,495 | - | - | - |
| Financial debts170/4 | - | €17,398 | €3,495 | - | - | - |
| Amounts payable within one year42/48 | €128,022 | €53,865 | €60,174 | €50,236 | €75,628 | ▲ 50.5% |
| Current portion of amounts payable after more than one year42 | - | €13,780 | €13,903 | €3,495 | - | - |
| Trade debts44 | €301 | €297 | €584 | €6,849 | €5,217 | ▼ 23.8% |
| Suppliers440/4 | - | €297 | €584 | €6,849 | €5,217 | ▼ 23.8% |
| Taxes, remuneration and social security45 | - | €5,788 | €4,038 | €6,665 | €12,421 | ▲ 86.4% |
| Taxes450/3 | - | €5,788 | €4,038 | €6,665 | €12,421 | ▲ 86.4% |
| Other amounts payable47/48 | - | €34,000 | €41,648 | €33,228 | €57,991 | ▲ 74.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,587 | €34,140 | €40,163 | €28,275 | €56,280 | ▲ 99.0% |
| + Depreciation and write-downs630 | €19,925 | €13,812 | €12,544 | €12,544 | €467 | ▼ 96.3% |
| Operating cash flow (approximation) | €57,512 | €47,952 | €52,707 | €40,819 | €56,747 | ▲ 39.0% |
| Investment in fixed assets (approximation) | - | -€1,217 | €0 | €0 | €10,000 | - |
| Change in cash | - | -€102,756 | €6,333 | -€5,277 | €33,663 | ▲ 738% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €56,280 ▲99%
Operating result €71,358, net result €56,280, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €28,275 ▼29.6%
Net result drops to €28,275, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Awans · 1 establishment unit since 2016
Ground area
661 m²
Building footprint
75 m²
Volume, LiDAR
500 m³
Parcel 62053A0325/00Z000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MANITOO
since 20162.254.189.136
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62053A0325/00Z000 | Wallonia | 661 m² | 1 · 75 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 30,007 companies in sector 62200 we hold annual accounts for 18,396. 5,757 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0656864796
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.