Active BE 0704.735.187Private limited company (pre-2019)

MANKRACHT

· 7 yrs active

Conclusion Checked

The file of MANKRACHT contains 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 4.5% (elevated). The 2022 annual accounts show equity of €24k and a net result of €3k. Equity is growing by ~12.9% per year across the filed fiscal years.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€24k
Net result	€3k
Active	7 yrs
Locations	1

Snowflake analysis 5 of 5 axes measured · computed by Checked

72 / 100

Strong profile, led by health.

All 5 axes are computed from data Checked has read.

Health 86

Profitability 53

Solvency 85

Growth 52

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

4.5% Elevated

0%0,5%1,5%4%10%≥25%

No NACE activity registered +Annual accounts: weaker financial profile +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

20 / 100

Moderate risk

Components

· 1 historical bankruptcy publication (+20)

Trust signals 1 signals

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

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 2022 · computed

86 / 100 Excellent

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 2022. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 01-08-2023 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~12.9%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€4k

-36.1% 19-22

Net profit

€3k

-16.3% 19-22

Cash flow

€3k

-41.3% 19-22

Total assets

€53k

+2.8% 19-22

Equity

€24k

+11.9% 19-22

Working capital

€23k

+11.0% 19-22

Income taxes

€679

-9.8% 19-22

Debt

€29k

-3.5% 19-22

Debt ≤ 1y

€29k

-1.5% 19-22

Current ratio

1.78

+5.2% 19-22

Quick ratio

1.29

+140.9% 19-22

Solvency

44.8%

+8.9% 19-22

Debt / equity

1.23

-13.8% 19-22

ROE

10.7%

-25.3% 19-22

ROA

4.8%

-18.6% 19-22

Interest coverage

60.73

- 19-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	€4k
Net profit	€3k
Cash flow	€3k
Staff costs	-
Income taxes	€679
Dividends	-
Total assets	€53k
Equity	€24k
Debt	€29k
of which ≤ 1y	€29k
of which > 1y	-
Working capital	€23k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	1.78
Quick ratio	1.29
Working capital ratio	43.2%
Solvency	44.8%
Debt / equity	1.23
Long-term debt ratio	-
Interest coverage	60.73
Gross margin	-
Net margin	-
ROA	4.8%
ROE	10.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €850 · 1.6% Current assets €52k · 98.4%

Equity & liabilities

Equity €24k · 44.8% Debt €29k · 55.2%

Full annual accounts

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

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€53k
Fixed assets	21/28	€850
Tangible fixed assets	22/27	€850
Current assets	29/58	€52k
Stocks & contracts in progress	3	€14k
Amounts receivable within one year	40/41	€1k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€53k
Equity	10/15	€24k
Contributions / capital	10/11	€6k
Reserves	13	€17k
Amounts payable	17/49	€29k
Amounts payable within one year	42/48	€29k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€4k
Operating result	9901	€3k
Financial charges	65	€60
Result before taxes	9903	€3k
Income taxes	67/77	€679
Net result for the period	9904	€3k
Result to be appropriated	9905	€3k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 5 directors

Former directors (5)

Dawid Piotrowski
Director
State Gazette act 23041640 (24-03-2023)

Former
- → 31-12-2022
Jakub Mikolajczyk
Director
State Gazette act 23041640 (24-03-2023)

Former
- → 31-12-2022
Przemyslaw Szmagaj
Director
State Gazette act 23041640 (24-03-2023)

Former
- → 31-12-2022
Szymaszek Albert
Director
State Gazette act 23041640 (24-03-2023)

Former
- → 31-12-2022
Zietek Adam
Director
State Gazette act 23041640 (24-03-2023)

Former
- → 31-12-2022

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	18-09-2018
Status	Active
Postal code	-
First BS signal	12-05-2026
Latest BS signal	12-05-2026

Establishment units 1 location

MANKRACHT

Kanaalweg 139, 3550 Heusden-ZolderVervaardiging van cement

since 20182.279.547.609

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71037C2140/00Z000	Flanders	1,457 m²	1 · 183 m²	6.7 m · 2 fl.
71502B1322/00V000	Flanders	1,426 m²	1 · 152 m²	-

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.

Updates 6 events

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

2026

12-05-2026

Bankruptcy Judicial dissolution

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · van: MANKRACHT BV- FAZANTENSTRAAT 3, 3560 LUMMEN

2023

01-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

24-03-2023

State Gazette act Director changes

2022

22-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

18-08-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

28-08-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

Lifecycle & Insolvency Signals 1 events

12-05-2026

Bankruptcy Judicial dissolution

· Ondernemingsrechtbank Antwerpen, afdeling Hasselt · van: MANKRACHT BV- FAZANTENSTRAAT 3, 3560 LUMMEN · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2023

24-03-2023 5 resigning Director changes

Dawid Piotrowski, Bestuurder
Zietek Adam, Bestuurder
Przemyslaw Szmagaj, Bestuurder
Szymaszek Albert, Bestuurder
Jakub Mikolajczyk, Bestuurder

Original publication ↗

Technical details

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  "notary": {
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    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameNL

MANKRACHT

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.