MANJEET
ActiveMANJEET has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €-2k. Equity is shrinking by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▼-16
Solvency70▲+4
Growth69▲+17
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.63 in 2023; short-term debt: 55% and cash: 15.1% of total assets), but 55% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
45%
Return on assets
-4.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-2k
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
29 d late
2022
49 d late
2021
31 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€643k▲ 5.6%
2020 · €609k
2020: €609k
2020 → 2021
EBIT margin
-0.2%▲ 2.8pp
2020 · -3.0%
2020: -3.0%
2020 → 2021
Net result
€-2k▲ 85.2%
2023 · €-17k
2018: €-3k
2019: €97k
2020: €-20k
2021: €-33k
2022: €-15k
2023: €-17k
2018 → 2024
Working capital
€22k▼ 12.0%
2023 · €26k
2018: €-23k
2019: €82k
2020: €70k
2021: €47k
2022: €38k
2023: €26k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€609k-€643k▲ 5.6%
Equity€93k-€60k▼ 35.7%€45k▼ 24.6%€28k▼ 37.3%€26k▼ 8.8%
Operating result€-18k-€-1k▲ 93.8%€-16k▼ 1,285%€-16k▼ 2.4%€2k
Net result€-20k-€-33k▼ 67.1%€-15k▲ 55.6%€-17k▼ 14.0%€-2k▲ 85.2%
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 returns to profit in 2024: €2k after a loss of €16k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57k
Fixed assets
€3k▲ 22.1%
Current assets
€54k▼ 18.8%
Equity and liabilities €57k
Equity
€26k▼ 8.8%
Debt
€31k▼ 23.0%
The debt ratio falls from 59.1% to 55.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2023 · €5k
Cash flow
€-2k▼
2023 · €4k
Solvency
45.0%▲
2023 · 40.9%
Current ratio
1.72▲
2023 · 1.63
Quick ratio
0.34▼
2023 · 0.45
Debt / equity
1.22▼
2023 · 1.45
ROE
-9.7%▲
2023 · -59.4%
ROA
-4.4%▲
2023 · -24.3%
Interest coverage
0.64▼
2023 · 4.16
Debt
€31k▼
2023 · €41k
Debt ≤ 1 year
€31k▼
2023 · €41k
Income taxes
€604▲
2023 · €561
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€69k€57k▼
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Land and buildings22€3k€3k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Current assets29/58€66k€54k▼
Stocks and contracts in progress3€48k€43k▼
Stocks30/36€48k€43k▼
Amounts receivable within one year40/41€17k€2k▼
Other amounts receivable41€17k€2k▼
Cash at bank and in hand54/58€1k€9k▲
Equity and liabilities
Total equity and liabilities10/49€69k€57k▼
Equity10/15€28k€26k▼
Contributions10/11€19k€19k=
Reserves13€26k€7k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€24k€5k▼
Profit (loss) carried forward14€-17k€0▲
Amounts payable17/49€41k€31k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€41k€31k▼
Current portion of amounts payable after more than one year42€15k€0▼
Trade debts44€25k€18k▼
Suppliers440/4€25k€18k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48-€13k
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€45k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€417▼
Other operating charges640/8€4k€14k▲
Gross operating margin9900€53k€17k▼
Operating profit (loss)9901€-16k€2k▲
Financial income75/76B€1k€0▼
Recurring financial income75€1k€0▼
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€-16k€-2k▲
Income taxes67/77€561€604▲
Profit (loss) for the period9904€-17k€-2k▲
Profit (loss) for the period to be appropriated9905€-17k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-19k▲
Profit (loss) brought forward from the previous period14P€-15k€-17k▼
Transfer from equity791/2€15k€19k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-12
Financial
Back to profitnet €97k
Net result €97k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 3.09
Current ratio from 0.63 to 3.09; short-term debt falls from €63k to €39k.
31-12
Financial
Equity above €100kEq €113k ▲619%
Equity rises from €16k to €113k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Herentals · 2 establishment units since 2002
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.
Stadspoortstraat(HRT) 92200 HerentalsGround area
425 m²
Building footprint
203 m²
Volume, LiDAR
1,287 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
MANJEET
since 20022.136.745.890
MANJEET 3
since 20132.224.134.180
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0633/00D004 | Flanders | 356 m² | 1 · 128 m² | 8.8 m · 2 fl. |
| 13302G0435/02Y003 | Flanders | 69 m² | 1 · 75 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2 sitesHerentals2.136.745.890
Herentals2.224.134.180
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EPICOEUR
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I.D. LUNCH
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NOURI 22
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Ronse · Eq €25k
BENEINVEST
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Anderlecht · Eq €25k
Of 1,643 companies in sector 46170 we hold annual accounts for 671. 437 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2002
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.