Active BE 0537.789.477Private limited company (pre-2019)Open bankruptcy

Manjot

Dorp 44 ·2250 Olen, Belgium· 12 yrs active

Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen (47110)

Conclusion Checked

A bankruptcy procedure is open for Manjot according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €145k and a net result of €31k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€145k
Net result	€31k
Better than sector	44%
Active	12 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

42 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 8

Profitability 100

Solvency 24

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

8 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 07-10-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	14.3%	20.1%	better than 44% of 5714 sector peers
Net result	€31k	€3k	better than 83% of 5694 sector peers
Equity	€145k	€15k	better than 91% of 5721 sector peers
Gross operating margin	€194k	€23k	better than 94% of 5668 sector peers
Staff costs	€116k	€33k	higher than 88% of 2551 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€57k

-42.6% 18-23

Net profit

€31k

-37.4% 18-23

Cash flow

€49k

-28.5% 18-23

Total assets

€1.02M

+220.3% 18-23

Equity

€145k

+27.1% 18-23

Working capital

€122k

+33.0% 18-23

Employees (FTE)

6

+47.4% 18-23

Staff costs

€116k

-6.4% 18-23

Income taxes

€15k

-48.9% 18-23

Debt

€871k

+329.1% 18-23

Debt ≤ 1y

€799k

+294.0% 18-23

Debt > 1y

€71k

+218.0% 18-23

Current ratio

1.15

-20.6% 18-23

Quick ratio

1.06

+14.5% 18-23

Solvency

14.3%

-60.3% 18-23

Debt / equity

6.00

+237.6% 18-23

ROE

21.3%

-50.8% 18-23

ROA

3.0%

-80.5% 18-23

Interest coverage

5.80

-81.6% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€57k
Net profit	€31k
Cash flow	€49k
Staff costs	€116k
Income taxes	€15k
Dividends	-
Total assets	€1.02M
Equity	€145k
Debt	€871k
of which ≤ 1y	€799k
of which > 1y	€71k
Working capital	€122k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	1.15
Quick ratio	1.06
Working capital ratio	12.0%
Solvency	14.3%
Debt / equity	6.00
Long-term debt ratio	0.49
Interest coverage	5.80
Gross margin	-
Net margin	-
ROA	3.0%
ROE	21.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €94k · 9.3% Current assets €922k · 90.7%

Equity & liabilities

Equity €145k · 14.3% Debt €871k · 85.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.02M
Fixed assets	21/28	€94k
Tangible fixed assets	22/27	€76k
Financial fixed assets	28	€18k
Current assets	29/58	€922k
Stocks & contracts in progress	3	€76k
Amounts receivable within one year	40/41	€336k
Investments	50/53	€2k
Cash & bank	54/58	€507k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.02M
Equity	10/15	€145k
Contributions / capital	10/11	€19k
Reserves	13	€96k
Accumulated profits (losses)	14	€31k
Amounts payable	17/49	€871k
Amounts payable after one year	17	€71k
Amounts payable within one year	42/48	€799k
Trade debts payable within one year	44	€666k
Income statement
Gross operating margin	9900	€194k
Operating result	9901	€40k
Financial income	75	€10k
Financial charges	65	€10k
Result before taxes	9903	€46k
Income taxes	67/77	€15k
Net result for the period	9904	€31k
Result to be appropriated	9905	€31k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	BART MANNAERT GERHEIDEN 66, 2250 OLEN- ↔ Also on 41 other cases	01-07-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form	Private limited company (pre-2019)(015)
Incorporation	29-08-2013
Status	Active
Postal code	2250
First BS signal	07-07-2025
Latest BS signal	07-07-2025

Establishment units 4 locations

B-Express

Carnotstraat 43, 2060 AntwerpenDetailhandel in chocolade en suikerwerk

since 20162.252.021.383

Mol 24

Turnhoutsebaan 49, 2400 MolDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

since 20172.259.221.357

Mol Boekhandel

Turnhoutsebaan 51, 2400 MolKleinhandel in verse groenten (inclusief aardappelen) en fruit

since 20192.285.961.584

BEXPRESS

Brouwersvliet 44, 2000 AntwerpenDetailhandel in chocolade en suikerwerk

since 20232.357.729.213

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13432B0723/00M000	Flanders	2,654 m²	1 · 751 m²	14.8 m · 3 fl.
13029G0448/00K000	Flanders	641 m²	1 · 95 m²	10.0 m · 3 fl.
11808H0571/00A019	Flanders	159 m²	1 · 159 m²	25.5 m · 7 fl.
11002A0146/00S000	Flanders	135 m²	1 · 93 m²	20.6 m · 7 fl.

Methodology

via registered seat: 1 · via establishment units: 3

4 of 4 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

07-07-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Turnhout · MANJOT BV DORP 44, 2250 OLEN · event 01-07-2025

2024

07-10-2024