MANOLO FOOD
ActiveThe computed 12-month bankruptcy probability of MANOLO FOOD is 9.6% (elevated). The annual accounts of MANOLO FOOD for fiscal year 2025 show a net loss of 62% of total assets and of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €7k and a net result of €-14k. Equity is growing by ~54% per year across the filed fiscal years. Its solvency ranks better than 50% of 13306 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency55▼-45
Growth85=
Track record94
Bankruptcy probability, 12 months
9.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.7 against 4.56 in 2024; short-term debt: 58.9% and cash: 64% of total assets), but 69.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.5%
Return on assets
-61.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
45 d late
2024
30 d late
2023
30 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€107k▲ 31.9%
2024 · €81k
2023: €13k
2024: €81k
2023 → 2025
EBIT margin
-12.3%▼ 38.6pp
2024 · 26.3%
2023: -163.4%
2024: 26.3%
2023 → 2025
Net result
€-14k
2024 · €21k
2023: €-21k
2024: €21k
2023 → 2025
Working capital
€9k▼ 55.5%
2024 · €20k
2023: €-536
2024: €20k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€13k-€81k▲ 545%€107k▲ 31.9%
Equity€-536-€20k€7k▼ 67.0%
Operating result€-20k-€21k€-13k
Net result€-21k-€21k€-14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13k after €21k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €22k
Equity
€7k▼ 67.0%
Debt
€15k▲ 168%
The debt ratio rises from 21.9% to 69.5%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
30.5%▼
2024 · 78.1%
Current ratio
1.70▼
2024 · 4.56
Quick ratio
1.31▼
2024 · 3.51
Debt / equity
2.28▲
2024 · 0.28
ROE
-202.8%▼
2024 · 102.6%
ROA
-61.8%▼
2024 · 80.1%
Debt
€15k▲
2024 · €6k
Debt ≤ 1 year
€13k▲
2024 · €6k
Staff costs
€12k
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€26k€22k▼
Current assets29/58€26k€22k▼
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€4k-
Other amounts receivable41€612€3k▲
Cash at bank and in hand54/58€15k€14k▼
Equity and liabilities
Total equity and liabilities10/49€26k€22k▼
Equity10/15€20k€7k▼
Contributions10/11€20k€20k=
Capital10€20k-
Issued capital100€20k-
Profit (loss) carried forward14€311€-13k▼
Amounts payable17/49€6k€15k▲
Amounts payable within one year42/48€6k€13k▲
Trade debts44€987€9k▲
Suppliers440/4€987€9k▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€2k€4k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€8-
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Turnover70€81k€107k▲
Goods, raw materials, services and sundry goods60/61€64k€104k▲
Remuneration, social security and pensions62-€12k
Other operating charges640/8€164€3k▲
Gross operating margin9900€21k€2k▼
Operating profit (loss)9901€21k€-13k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€392€501▲
Recurring financial charges65€392€501▲
Profit (loss) for the period before taxes9903€21k€-14k▼
Income taxes67/77€90-
Profit (loss) for the period9904€21k€-14k▼
Profit (loss) for the period to be appropriated9905€21k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€311€-13k▼
Profit (loss) brought forward from the previous period14P€-21k€311▲
The notes to these accounts (1 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
2026
14-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 45 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 4.56
Current ratio from 0.79 to 4.56.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Jans-Molenbeek · 1 establishment unit since 2023
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.
Potaerdegatstraat 79A1080 Sint-Jans-MolenbeekGround area
182 m²
Building footprint
175 m²
Volume, LiDAR
1,884 m³
2 parcels, Brussels · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HIND PATISS BRUNCH
since 20232.344.674.595
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0041/00K002 | Brussels | 129 m² | 1 · 122 m² | 14.5 m · 4 fl. |
| 21526D0045/00R000 | Brussels | 53 m² | 1 · 53 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.344.674.595
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BE 0698.690.901
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Of 1,352 companies in sector 56220 we hold annual accounts for 405. 187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2022
Fiscal year end31-12
Activities, NACEBEL
56111Full-service restaurants
56220Contract catering and other food service activities
56290Food and beverage service activities
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.