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MANNYTECH

Active Private limited companyfounded 2001active for 25 yearsMolsesteenweg 8, 2490 BalenKBO/BCE: BE 0475.945.247 subsidiary of Internationale Transporten Walter Mertens en Co

Lifetime

19 annual accounts with figures on one time axis, 24 filings since 2002
peak €558,405 (2020)
€152,329▲ 71.6%
lowest -€161,552 (2013)
€115,483▲ 949%
peak €774,348 (2025)
€774,348▲ 17.5%
€66,795▼ 28.8%
peak 9.1 FTE (2012)
-not published
Board2 names since 2019
1 directorTom Wouters
Owners
  
Documentsfilings and deeds
25-03-202636 days before the deadline
2025abbreviated format
Gross margin from €88,782 to €152,329Result from €11,014 to €115,483Registered office moved from Meerhout to Balen 18-04Equity from €658,864 to €774,348Debts from €93,770 to €66,795Cash from €45,263 to €16,251

Key points

from the 2025 annual accounts

Equity

€774,348 ▲ 17.5%

MANNYTECH has made a profit without a break since 2019.

Result

€115,483 ▲ 949%
€11,0002024€115,0002025

The result rose in 2025: mostly from a one-off income of €119,483.

Turnover

≈ €390,000 estimated

The abbreviated format states no turnover.

Liquidity

12.55 was 4.71 in 2024

Short-term debts fell from €93,770 to €66,795.

Filings

24 annual accounts since 2002
deadline20102020

The last five annual accounts were filed 30 to 44 days before the end of the period.

Position in the sector

92.1%

Higher solvency than 94% of companies in fabricated metal products. Sector median 46.4% · 1,245 companies.

Checked score

87
Excellent
Financially stronger than 70% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.3%▲ +0.1 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.4%● unchanged vs 04-2026highest value 06-2026: 0.4%● unchanged vs 05-2026highest value 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Strong

100=equity 92.1% of total assets
52-4short-term debt 7.9% · cash 1.9%
86+15return on assets 13.7%

Score breakdown

raises risk
1 change of registered office in 24 months
Liquidity: current ratio 12.55, cash €16,251, halved
lowers risk
Figures for financial year 2025 (filed on 25-03-2026)
Equity €774,348 (92.1% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 90% of them on solvency, 49% on liquidity, 74% on profitability and 69% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as MANNYTECH has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MANNYTECH itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for MANNYTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €65,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 12.55 (4.71 in 2024), above the usual 1.5. Short-term debt is 7.9% and cash 1.9% of total assets. 7.9% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 12.55, cash €16,251, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 25-03-2026)
NBB · annual accounts
lowers risk · Equity €774,348 (92.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
30 days early
2023
35 days early
2022
44 days early
2021
32 days early
2020
32 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 35 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

TW
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0475945247
Registered office moved from Meerhout to Balen New registered office: Molsesteenweg 8 te 2490 Balen · Previous registered office: Nijverheidsweg 1, 2450 Meerhout · General meeting of 01-04-2025 · Gazette deed
1 manager resigning Change of role: Tom Wouters, from manager to director · Resignation: Willem Wouters (manager) · Permanent representative: Tom Wouters · Gazette deed
First establishment Molsesteenweg 8, Balen
All 37 events

Comparable companies

same main activity, similar in size and age
Company
MANNYTECH Balen €841,143 €152,329 92.1% -
A.M.T.S. KUNST EN BOUWSMEDERIJ Malle €730,167 €143,023 84.5% -
POORTEN LAENEN Mol €886,838 €125,148 57.8% -
HOMAFRAS Kinrooi €789,487 €163,279 91.3% -
emac works Anderlecht €751,593 €133,380 56.1% -
BEMACO Moorslede €910,753 €146,471 85.7% -
LASWERKEN OYEN Bilzen-Hoeselt €727,251 €132,830 31.2% 1

These companies have the same main activity as MANNYTECH: machining of metals (NACE 25530). They are comparable in size and age: total assets between €727,000 and €911,000, founded between 1998 and 2003.

Official details

Source: KBO
Status
Active since 24-10-2001Normal situation
Activity
Machining of metalsNACE 25530and 5 others
Joint committees
111Metal, mechanical and electrical engineering
209White-collar workers in metal manufacturing · annual accounts 30-09-2024
Establishment unit
2.095.387.7632490 Balen, since 29-11-2001
Financial year end
30 September
Peppol
Reachable since 16-09-2025
Company details

Annual accounts to 30-09-2025

€841,143▲ 11.8%
Filing
Filed on 25-03-2026, 36 days before the end of the filing period
Financials

Insights on MANNYTECH

MANNYTECH files the abbreviated format. That format states no turnover. The gross margin fell from €312,130 in 2007 to €152,329 in 2025.

Internationale Transporten Walter Mertens en Co holds 75% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MANNYTECH

What is the company number of MANNYTECH?
The company number of MANNYTECH is 0475.945.247. The VAT number is the same number with BE in front: BE 0475.945.247.
Where is MANNYTECH based?
The registered office is at Molsesteenweg 8, 2490 Balen.Company details
What does MANNYTECH do?
According to the KBO register, the main activity is machining of metals (NACE 25530).
What is the legal form of MANNYTECH?
MANNYTECH is a private limited company (BV).
When was MANNYTECH founded?
MANNYTECH was founded on 24-10-2001.
Is MANNYTECH still active?
Yes, MANNYTECH is an active enterprise in the KBO register.
How many employees does MANNYTECH have?
MANNYTECH had an average of 0.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does MANNYTECH fall under?
In its 30-09-2024 annual accounts, MANNYTECH states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
What is the turnover of MANNYTECH?
The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €152,329 and 1,649 comparable companies of the same size. It probably lies between €240,000 and €720,000. It is a rough estimate.
Is MANNYTECH profitable?
In financial year 2025, MANNYTECH made a profit of €115,483.
Where can I find the annual accounts of MANNYTECH?
MANNYTECH filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MANNYTECH due?
MANNYTECH must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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