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Manoit

Active
Private limited companyfounded 2019active for 6 yearsMerendreedorp 25, 9850 Deinze, BelgiumKBO/BCE: BE 0739.520.377
Summary

Manoit has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,441 and a net result of €18,141. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 24% of 22,536 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, micro format

Equity
€32,441▲ 127%
2024 · €14,300
Total assets
€1.1m▼ 3.9%
2024 · €1.2m
Net result
€18,141▲ 220%
2024 · €5,661
Working capital
-€24,150▲ 56.5%
2024 · -€55,485
Trend over the years

2021 to 2025, 5 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 79% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.03m 2025 Net result€0.02m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€0.008m-€0.01m▲ 74.6%€0.006m▼ 53.8%€0.02m▲ 185%€0.03m▲ 78.8%
Net result€0.002mwithin the sector's middle half-€0.006mwithin the sector's middle half▲ 239%-€0.007mbelow the sector's middle half€0.006mwithin the sector's middle half€0.02mwithin the sector's middle half▲ 220%
Equity€0.009mwithin the sector's middle half-€0.02mwithin the sector's middle half▲ 64.8%€0.009mwithin the sector's middle half▼ 43.5%€0.01mwithin the sector's middle half▲ 65.5%€0.03mwithin the sector's middle half▲ 127%
Total assets€1.1mabove the sector's middle half-€1.1mabove the sector's middle half▼ 4.1%€1.2mabove the sector's middle half▲ 13.8%€1.2mabove the sector's middle half▼ 6.2%€1.1mabove the sector's middle half▼ 3.9%
Debt€1.1m-€1.1m▼ 4.6%€1.2m▲ 14.6%€1.2m▼ 6.7%€1.1m▼ 5.6%
Working capital-€0.1mbelow the sector's middle half--€0.05mbelow the sector's middle half▲ 57.2%-€0.07mbelow the sector's middle half▼ 37.2%-€0.06mbelow the sector's middle half▲ 20.0%-€0.02mbelow the sector's middle half▲ 56.5%
Solvency0.8%below the sector's middle half-1.4%below the sector's middle half▲ 0.6pp0.7%below the sector's middle half▼ 0.7pp1.2%below the sector's middle half▲ 0.5pp2.9%below the sector's middle half▲ 1.7pp
Current ratio0.59below the sector's middle half-0.68below the sector's middle half▲ 0.090.53below the sector's middle half▼ 0.150.61below the sector's middle half▲ 0.080.83below the sector's middle half▲ 0.22
Return on assets (ROA)0.2%within the sector's middle half-0.5%within the sector's middle half▲ 0.4pp-0.5%within the sector's middle half▼ 1.1pp0.5%within the sector's middle half▲ 1.0pp1.6%within the sector's middle half▲ 1.1pp
Staff (FTE)1.4-4.5▲ 221%4.2▼ 6.7%3.2▼ 23.8%3.4▲ 6.3%
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €1.0m ▼ 7.2%
Current assets €117,602 ▲ 36.8%
Equity and liabilities €1.1m
Equity €32,441 ▲ 127%
Debt €1.1m ▼ 5.6%
Debt's share of the balance-sheet total falls from 98.8% to 97.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€121,165▲
2024 · €107,668
Cash flow
€106,481▲
2024 · €94,966
Quick ratio
0.61▲
2024 · 0.34
Debt to equity
33.67▼
2024 · 80.90
ROE
55.9%▲
2024 · 39.6%
Interest coverage
8.52▲
2024 · 7.01
Debt ≤ 1 year
€141,752▲
2024 · €141,435
Debt > 1 year
€945,401▼
2024 · €1.0m
Income taxes
€3,159▲
2024 · €117
Staff costs
€170,288▲
2024 · €134,127
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.6% went bankrupt
2.7% stopped otherwise
94.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,251 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.1m▼
Formation expenses20€0€0=
Fixed assets21/28€1.1m€1.0m▼
Tangible fixed assets22/27€1.1m€1.0m▼
Land and buildings22€1.0m€0.9m▼
Plant, machinery and equipment23€0.09m€0.07m▼
Furniture and vehicles24€0.001m€0.002m▲
Current assets29/58€0.09m€0.1m▲
Stocks and contracts in progress3€0.04m€0.03m▼
Stocks30/36€0.04m€0.03m▼
Amounts receivable within one year40/41€0.02m€0.02m▼
Trade receivables40€0.02m€0.02m▼
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€0.03m€0.07m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.1m▼
Equity10/15€0.01m€0.03m▲
Contributions10/11€0.008m€0.008m=
Profit (loss) carried forward14€0.007m€0.02m▲
Amounts payable17/49€1.2m€1.1m▼
Amounts payable after more than one year17€1.0m€0.9m▼
Financial debts170/4€1.0m€0.9m▼
Amounts payable within one year42/48€0.1m€0.1m▲
Current portion of amounts payable after more than one year42€0.08m€0.07m▼
Trade debts44€0.02m€0.02m▲
Suppliers440/4€0.02m€0.02m▲
Taxes, remuneration and social security45€0.03m€0.03m▲
Taxes450/3€0.004m€0.004m▲
Remuneration and social security454/9€0.02m€0.03m▲
Other amounts payable47/48€0.02m€0.02m▲
Accrued charges and deferred income492/3-€0.005m
Income statement Code20242025
Remuneration, social security and pensions62€0.1m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.09m▼
Other operating charges640/8€0.003m€0.004m▲
Gross operating margin9900€0.2m€0.3m▲
Operating profit (loss)9901€0.02m€0.03m▲
Financial income75/76B€0.003m€0.003m▼
Recurring financial income75€0.003m€0.003m▼
Financial charges65/66B€0.02m€0.01m▼
Recurring financial charges65€0.02m€0.01m▼
Profit (loss) for the period before taxes9903€0.006m€0.02m▲
Income taxes67/77€117€0.003m▲
Profit (loss) for the period9904€0.006m€0.02m▲
Profit (loss) for the period to be appropriated9905€0.006m€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.007m€0.02m▲
Profit (loss) brought forward from the previous period14P€0.001m€0.007m▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€133,740€119,299€134,127€170,288▲ 27.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,388€80,839€88,610€89,306€88,340▼ 1.1%
Other operating charges640/8-€1,145€2,399€3,301€3,555▲ 7.7%
Gross operating margin9900€109,136€229,666€216,747€245,095€295,008▲ 20.4%
Operating profit (loss)9901€7,987€13,943€6,440€18,362€32,825▲ 78.8%
Financial income75/76B-€2,897€1,380€2,785€2,688▼ 3.5%
Recurring financial income75€766€2,897€1,380€2,785€2,688▼ 3.5%
Financial charges65/66B-€10,796€14,364€15,369€14,213▼ 7.5%
Recurring financial charges65€5,426€10,796€14,364€15,369€14,213▼ 7.5%
Profit (loss) for the period before taxes9903€3,327€6,045-€6,544€5,778€21,300▲ 269%
Income taxes67/77€1,550€29€110€117€3,159▲ 2,589%
Profit (loss) for the period9904€1,777€6,016-€6,654€5,661€18,141▲ 220%
Profit (loss) for the period to be appropriated9905€1,777€6,016-€6,654€5,661€18,141▲ 220%
Line20212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.2m€1.2m€1.1m▼ 3.9%
Formation expenses20€386€119-€0€0-
Fixed assets21/28€1.0m€1.0m€1.2m€1.1m€1.0m▼ 7.2%
Tangible fixed assets22/27€1.0m€1.0m€1.2m€1.1m€1.0m▼ 7.2%
Land and buildings22-€0.8m€1.1m€1.0m€0.9m▼ 5.6%
Plant, machinery and equipment23-€0.1m€0.1m€0.09m€0.07m▼ 26.6%
Furniture and vehicles24-€0.008m€0.003m€0.001m€0.002m▲ 157%
Current assets29/58€0.2m€0.1m€0.08m€0.09m€0.1m▲ 36.8%
Stocks and contracts in progress3€0.03m€0.04m€0.04m€0.04m€0.03m▼ 18.2%
Stocks30/36-€0.04m€0.04m€0.04m€0.03m▼ 18.2%
Amounts receivable within one year40/41€0.1m€0.03m€0.01m€0.02m€0.02m▼ 2.6%
Trade receivables40-€0.03m€0.005m€0.02m€0.02m▼ 2.6%
Other amounts receivable41-€278€0.005m€0€0-
Cash at bank and in hand54/58€0.05m€0.03m€0.03m€0.03m€0.07m▲ 128%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.2m€1.2m€1.1m▼ 3.9%
Equity10/15€0.009m€0.02m€0.009m€0.01m€0.03m▲ 127%
Contributions10/11-€0.008m€0.008m€0.008m€0.008m=
Profit (loss) carried forward14€0.002m€0.008m€0.001m€0.007m€0.02m▲ 267%
Amounts payable17/49€1.1m€1.1m€1.2m€1.2m€1.1m▼ 5.6%
Amounts payable after more than one year17€0.8m€0.9m€1.1m€1.0m€0.9m▼ 6.9%
Financial debts170/4-€0.8m€1.1m€1.0m€0.9m▼ 6.9%
Other amounts payable178/9-€0.1m----
Amounts payable within one year42/48€0.3m€0.2m€0.1m€0.1m€0.1m▲ 0.2%
Current portion of amounts payable after more than one year42-€0.06m€0.08m€0.08m€0.07m▼ 8.0%
Trade debts44€0.04m€0.02m€0.02m€0.02m€0.02m▲ 6.3%
Suppliers440/4-€0.02m€0.02m€0.02m€0.02m▲ 6.3%
Taxes, remuneration and social security45-€0.02m€0.03m€0.03m€0.03m▲ 12.4%
Taxes450/3--€0.006m€0.004m€0.004m▲ 16.9%
Remuneration and social security454/9-€0.02m€0.02m€0.02m€0.03m▲ 11.7%
Other amounts payable47/48-€0.05m€0.03m€0.02m€0.02m▲ 9.2%
Accrued charges and deferred income492/3----€0.005m-
Line20212022202320242025Change
Profit (loss) for the period9904€1,777€6,016-€6,654€5,661€18,141▲ 220%
+ Depreciation and write-downs630€33,388€80,839€88,610€89,306€88,340▼ 1.1%
Operating cash flow (approximation)€35,165€86,855€81,956€94,966€106,481▲ 12.1%
Investment in fixed assets (approximation)--€97,984-€268,039-€5,100-€10,443▼ 105%
Change in cash--€10,927-€6,437€1,975€38,937▲ 1,871%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
30-06-2025 micro format 20-01-2026 2026-00011965
30-06-2024 micro format 23-01-2025 2025-00008554
30-06-2023 micro format 29-01-2024 2024-00010953
30-06-2022 micro format 25-01-2023 2023-00007005
30-06-2021 micro format 17-01-2022 2022-01100168

Similar companies · same sector, comparable size

Of the 3,017 active companies whose main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221), figures are known for 1,598. 1,212 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.