MANOKA
ActiveSummary
MANOKA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.1m and a net result of €2.8m. Equity is growing by ~64.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+21
Solvency75▲+44
Growth65▲+15
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.14 in 2023; short-term debt: 25.1% and cash: 1% of total assets), and 49.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
50.4%
Return on assets
45.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
42 d early
2024
28 d early
2023
21 d early
2022
21 d early
2021
18 d early
2020
31 d late
2019
10 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, unclassified schema
In the rankings
#2 company by total assets in Fleurus, Administrative and support services sector#2 company by equity in Fleurus, Administrative and support services sector
Turnover
€196,680=
2023 · €196,680
EBIT margin
26.9%▼ 5.6pp
2023 · 32.5%
Net result
€2.8m▲ 14,278%
2023 · €19,321
Working capital
-€1.4m▲ 12.6%
2023 · -€1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€183,600€189,120▲ 3.0%€196,680▲ 4.0%€196,680=
Operating result€90,820▼ 15.2%€85,271▼ 6.1%€93,352▲ 9.5%€63,983▼ 31.5%€52,926▼ 17.3%
Net result€64,520above the sector's middle half▼ 14.9%€55,739▼ 13.6%€161,777▲ 190%€19,321▼ 88.1%€2.8m▲ 14,278%
EBIT margin46.4%49.4%▲ 2.9pp32.5%▼ 16.8pp26.9%▼ 5.6pp
Equity€146,652within the sector's middle half▲ 78.6%€202,391▲ 38.0%€364,168▲ 79.9%€383,489▲ 5.3%€3.1m▲ 705%
Total assets€181,609within the sector's middle half▲ 45.8%€6.3m▲ 3,351%€6.3m▲ 1.2%€6.3m▼ 1.4%€6.1m▼ 2.2%
Debt€34,956▼ 17.6%€6.1m▲ 17,252%€6.0m▼ 1.4%€5.9m▼ 1.8%€3.0m▼ 48.3%
Working capital€146,556above the sector's middle half▲ 78.6%-€1.2m-€1.1m▲ 7.0%-€1.6m▼ 41.5%-€1.4m▲ 12.6%
Solvency80.8%above the sector's middle half▲ 14.8pp3.2%▼ 77.5pp5.7%▲ 2.5pp6.1%▲ 0.4pp50.4%▲ 44.3pp
Current ratio5.19above the sector's middle half▲ 2.260.18▼ 5.010.23▲ 0.050.14▼ 0.090.08▼ 0.06
Return on assets (ROA)35.5%above the sector's middle half▼ 25.3pp0.9%▼ 34.6pp2.6%▲ 1.7pp0.3%▼ 2.2pp45.4%▲ 45.1pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 17% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.1m
Fixed assets
€6.0m =
Current assets
€122,524 ▼ 52.3%
Equity and liabilities €6.1m
Equity
€3.1m ▲ 705%
Debt
€3.0m ▼ 48.3%
Debt's share of the balance-sheet total falls from 93.9% to 49.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53,468▼
2023 · €64,235
Cash flow
€2.8m▲
2023 · €19,573
Quick ratio
0.06▼
2023 · 0.12
Debt to equity
0.98▼
2023 · 15.32
ROE
90.0%▲
2023 · 5.0%
Interest coverage
0.44▲
2023 · 0.36
Debt ≤ 1 year
€1.5m▼
2023 · €1.9m
Debt > 1 year
€1.5m▼
2023 · €4.0m
Income taxes
€872▲
2023 · €154
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €185,138 | €190,520 | €198,220 | €213,126 | ▲ 7.5% |
| Turnover70 | - | €183,600 | €189,120 | €196,680 | €196,680 | = |
| Other operating income74 | - | €1,538 | €1,400 | €1,540 | €16,446 | ▲ 968% |
| Operating charges60/66A | - | €99,867 | €97,168 | €134,237 | €160,200 | ▲ 19.3% |
| Services and other goods61 | - | €98,883 | €95,445 | €132,629 | €155,624 | ▲ 17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,321 | €252 | €542 | ▲ 115% |
| Other operating charges640/8 | - | €983 | €402 | €1,356 | €4,035 | ▲ 198% |
| Gross operating margin9900 | €92,342 | - | - | - | - | - |
| Operating profit (loss)9901 | €90,820 | €85,271 | €93,352 | €63,983 | €52,926 | ▼ 17.3% |
| Financial income75/76B | - | - | €142,000 | €135,000 | €2.8m | ▲ 2,010% |
| Recurring financial income75 | - | - | €142,000 | €135,000 | €2.8m | ▲ 2,010% |
| Income from financial fixed assets750 | - | - | €142,000 | €135,000 | €2.8m | ▲ 2,010% |
| Other financial income752/9 | - | - | - | - | €0 | - |
| Financial charges65/66B | - | €9,415 | €66,050 | €179,508 | €122,613 | ▼ 31.7% |
| Recurring financial charges65 | €141 | €9,415 | €66,050 | €179,508 | €122,613 | ▼ 31.7% |
| Debt charges650 | - | €9,415 | €66,050 | €179,508 | €122,537 | ▼ 31.7% |
| Other financial charges652/9 | - | - | - | - | €76 | - |
| Profit (loss) for the period before taxes9903 | €90,680 | €75,856 | €169,302 | €19,475 | €2.8m | ▲ 14,169% |
| Income taxes67/77 | €26,160 | €20,117 | €7,525 | €154 | €872 | ▲ 466% |
| Taxes670/3 | - | €20,117 | €7,525 | €154 | €872 | ▲ 466% |
| Profit (loss) for the period9904 | €64,520 | €55,739 | €161,777 | €19,321 | €2.8m | ▲ 14,278% |
| Profit (loss) for the period to be appropriated9905 | €64,520 | €55,739 | €161,777 | €19,321 | €2.8m | ▲ 14,278% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €181,609 | €6.3m | €6.3m | €6.3m | €6.1m | ▼ 2.2% |
| Fixed assets21/28 | €96 | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Tangible fixed assets22/27 | - | - | - | €831 | €289 | ▼ 65.2% |
| Furniture and vehicles24 | - | - | - | €831 | €289 | ▼ 65.2% |
| Financial fixed assets28 | €96 | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Affiliated companies280/1 | - | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Participating interests280 | - | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Other financial fixed assets284/8 | - | €96 | €96 | €96 | €96 | = |
| Amounts receivable and cash guarantees285/8 | - | €96 | €96 | €96 | €96 | = |
| Current assets29/58 | €181,513 | €267,891 | €343,884 | €257,093 | €122,524 | ▼ 52.3% |
| Stocks and contracts in progress3 | €29,000 | €29,000 | €29,000 | €29,000 | €29,000 | = |
| Stocks30/36 | - | €29,000 | €29,000 | €29,000 | €29,000 | = |
| Goods purchased for resale34 | - | €29,000 | €29,000 | €29,000 | €29,000 | = |
| Amounts receivable within one year40/41 | €37,026 | €18,513 | €19,070 | €69,342 | €29,678 | ▼ 57.2% |
| Trade receivables40 | - | €18,513 | €19,070 | €59,496 | €19,832 | ▼ 66.7% |
| Other amounts receivable41 | - | - | - | €9,846 | €9,846 | = |
| Cash at bank and in hand54/58 | €114,175 | €217,138 | €294,605 | €158,751 | €61,854 | ▼ 61.0% |
| Deferred charges and accrued income490/1 | - | €3,240 | €1,209 | - | €1,993 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €181,609 | €6.3m | €6.3m | €6.3m | €6.1m | ▼ 2.2% |
| Equity10/15 | €146,652 | €202,391 | €364,168 | €383,489 | €3.1m | ▲ 705% |
| Contributions10/11 | - | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Reserves13 | €139,500 | €139,500 | €139,500 | €139,500 | €64,500 | ▼ 53.8% |
| Distributable reserves133 | - | €139,500 | €139,500 | €139,500 | €64,500 | ▼ 53.8% |
| Profit (loss) carried forward14 | €852 | €56,591 | €218,368 | €237,689 | €3.0m | ▲ 1,169% |
| Amounts payable17/49 | €34,956 | €6.1m | €6.0m | €5.9m | €3.0m | ▼ 48.3% |
| Amounts payable after more than one year17 | - | €4.6m | €4.4m | €4.0m | €1.5m | ▼ 62.5% |
| Financial debts170/4 | - | €4.6m | €4.4m | €4.0m | €1.5m | ▼ 62.5% |
| Credit institutions173 | - | €561,046 | €421,570 | - | - | - |
| Other loans174 | - | €4.0m | €4.0m | €4.0m | €1.5m | ▼ 62.5% |
| Amounts payable within one year42/48 | €34,956 | €1.5m | €1.5m | €1.9m | €1.5m | ▼ 18.0% |
| Current portion of amounts payable after more than one year42 | - | €138,954 | €139,476 | - | - | - |
| Trade debts44 | €4,403 | €7,135 | €6,853 | €10,485 | €3,656 | ▼ 65.1% |
| Suppliers440/4 | - | €7,135 | €6,853 | €10,485 | €3,656 | ▼ 65.1% |
| Taxes, remuneration and social security45 | - | €50,461 | €40,653 | €22,270 | €15,257 | ▼ 31.5% |
| Taxes450/3 | - | €47,528 | €37,629 | €17,270 | €10,257 | ▼ 40.6% |
| Remuneration and social security454/9 | - | €2,933 | €3,024 | €5,000 | €5,000 | = |
| Other amounts payable47/48 | - | €1.3m | €1.3m | €1.8m | €1.5m | ▼ 17.6% |
| Accrued charges and deferred income492/3 | - | €8,000 | €71,260 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,520 | €55,739 | €161,777 | €19,321 | €2.8m | ▲ 14,278% |
| + Depreciation and write-downs630 | - | - | €1,321 | €252 | €542 | ▲ 115% |
| Operating cash flow (approximation) | €64,520 | €55,739 | €163,098 | €19,573 | €2.8m | ▲ 14,096% |
| Investment in fixed assets (approximation) | - | -€6.0m | -€1,321 | -€1,083 | €0 | ▲ 100% |
| Change in cash | - | €102,963 | €77,467 | -€135,854 | -€96,897 | ▲ 28.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Highest result since 2019net €2.8m ▲14,278%
Net result €2.8m, the highest in the series.
31-12
Financial
Equity above €2mEq €3.1m ▲705%
6 profitable years in a row build equity to €3.1m.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Weakest financial yearnet €19,321 ▼88.1%
Net result drops to €19,321, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
31-12
Financial
Equity above €200,000Eq €202,391 ▲38%
3 profitable years in a row build equity to €202,391.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100,000Eq €146,652 ▲78.6%
2 profitable years in a row build equity to €146,652.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Fleurus · 1 establishment unit since 2018
Ground area
1.8 ha
Building footprint
1,895 m²
Volume, LiDAR
11,086 m³
2 parcels, Wallonia · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MANOKA
since 20182.282.128.995
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52342A0252/00V002 | Wallonia | 1.6 ha | 1 · 1,758 m² | 10.8 m · 2 fl. |
| 52032A0393/00G000 | Wallonia | 2,168 m² | 1 · 137 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdings · 6 subsidiaries in the treeOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 2
- Entreprises Koeckelbergsubsidiary100%
- K4K HOLDINGsubsidiary100%
All subsidiaries, including indirect ones 6
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- Entreprises Koeckelberg 100%
K4K HOLDING 100%4 subsidiaries
GESIM 100%2 subsidiaries
- IMMO ECUYER 100%
- IMMO PETIT MALGRAS 100%
- PRIMOBE 100%
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,518 companies in sector 82990 we hold annual accounts for 9,421. 2,527 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0699772252
Also
9925:BE0699772252
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.