MANLU is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.34M and a net result of €99k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 8018 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-10-2025, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 d early
2024
52 d early
2023
50 d early
2022
49 d early
2021
5 d early
2020
47 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.34M▲ 8.0%
2024 · €1.24M
2019: €129k
2020: €253k
2021: €538k
2022: €702k
2023: €1.02M
2024: €1.24M
2019 → 2025
Net result
€99k▼ 54.7%
2024 · €219k
2019: €135k
2020: €131k
2021: €316k
2022: €203k
2023: €320k
2024: €219k
2019 → 2025
Total assets
€1.35M▲ 6.7%
2024 · €1.27M
2019: €238k
2020: €325k
2021: €694k
2022: €755k
2023: €1.07M
2024: €1.27M
2019 → 2025
Solvency
99.0%▲ 1.2pp
2024 · 97.9%
2019: 54.1%
2020: 77.8%
2021: 77.5%
2022: 93.1%
2023: 95.2%
2024: 97.9%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€538k-€702k▲ 30.6%€1.02M▲ 45.5%€1.24M▲ 21.4%€1.34M▲ 8.0%
Operating result€452k-€285k▼ 36.9%€474k▲ 66.1%€320k▼ 32.4%€148k▼ 53.9%
Net result€316k-€203k▼ 35.9%€320k▲ 57.9%€219k▼ 31.5%€99k▼ 54.7%
Turnover and EBIT margin not published: the 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 54% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€429k▲ 0.1%
Current assets
€925k▲ 10.1%
Equity and liabilities €1.35M
Equity
€1.34M▲ 8.0%
Debt
€13k▼ 51.5%
The debt ratio falls from 2.1% to 1.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
99.0%▲
2024 · 97.9%
ROE
7.4%▼
2024 · 17.6%
ROA
7.3%▼
2024 · 17.3%
Debt
€13k▼
2024 · €27k
Debt ≤ 1 year
€13k▼
2024 · €27k
Income taxes
€53k▼
2024 · €102k
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€1.27M€1.35M▲
Fixed assets21/28€428k€429k▲
Financial fixed assets28€428k€429k▲
Current assets29/58€840k€925k▲
Amounts receivable within one year40/41€406k€283k▼
Trade receivables40€251k€85k▼
Other amounts receivable41€155k€199k▲
Cash at bank and in hand54/58€434k€641k▲
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.35M▲
Equity10/15€1.24M€1.34M▲
Contributions10/11€19k€19k=
Reserves13€1.22M€1.32M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1.22M€1.32M▲
Profit (loss) carried forward14€783€783▲
Amounts payable17/49€27k€13k▼
Amounts payable within one year42/48€27k€13k▼
Taxes, remuneration and social security45€27k€13k▼
Taxes450/3€27k€13k▼
Income statement
Code20242025
Other operating charges640/8€384€387▲
Gross operating margin9900€321k€148k▼
Operating profit (loss)9901€320k€148k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€626€665▲
Recurring financial charges65€626€665▲
Profit (loss) for the period before taxes9903€321k€152k▼
Income taxes67/77€102k€53k▼
Profit (loss) for the period9904€219k€99k▼
Profit (loss) for the period to be appropriated9905€219k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€220k€100k▼
Profit (loss) brought forward from the previous period14P€782€783▲
Transfer to equity691/2€219k€99k▼
To other reserves6921€219k€99k▼
The notes to these accounts (3 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
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €99k ▼54.7%
Net result drops to €99k, the lowest in the series.
31-03
Financial
Liquidity doublescurrent ratio 70.78
Current ratio from 31.17 to 70.78; short-term debt falls from €27k to €13k.
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 31.17
Current ratio from 13.62 to 31.17; short-term debt falls from €47k to €27k.
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €320k ▲57.9%
Operating result €474k, net result €320k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 13.62
Current ratio from 6.24 to 13.62; short-term debt falls from €52k to €47k.
31-03
Financial
Equity above €1MEq €1.02M ▲45.5%
5 profitable years in a row build equity to €1.02M.
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 6.24
Current ratio from 2.83 to 6.24; short-term debt falls from €156k to €52k.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 2.83
Current ratio from 0.89 to 2.83.
31-03
Financial
Equity above €500kEq €538k ▲112%
3 profitable years in a row build equity to €538k.
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €200kEq €253k ▲97.1%
2 profitable years in a row build equity to €253k.
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2018
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.
Woluwedal 60 C1200 Sint-Lambrechts-WoluweGround area
2,410 m²
Building footprint
1,306 m²
Volume, LiDAR
22,761 m³
Parcel 21674C0167/00B002, Brussels · tallest building 27.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MANLU
since 20182.282.733.464
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0167/00B002 | Brussels | 2,410 m² | 1 · 1,306 m² | 27.2 m · 6 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 24,728 companies in sector 64210 we hold annual accounts for 19,762. 12,022 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2018
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.