MANON
ActiveMANON has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €375k and a net result of €47k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+18
Solvency100▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 13.6 against 2.64 in 2024; short-term debt: 3% and cash: 0.9% of total assets), and 10.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.8%
Return on assets
11.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
28 d late
2023
49 d early
2022
40 d early
2021
13 d early
2020
3 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€375k▲ 13.6%
2024 · €330k
2019: €253k
2020: €263k
2021: €276k
2022: €289k
2023: €302k
2024: €330k
2019 → 2025
Total assets
€418k▼ 26.7%
2024 · €570k
2019: €450k
2020: €464k
2021: €484k
2022: €503k
2023: €523k
2024: €570k
2019 → 2025
Net result
€47k▲ 66.4%
2024 · €28k
2019: €11k
2020: €12k
2021: €14k
2022: €15k
2023: €14k
2024: €28k
2019 → 2025
Working capital
€156k▼ 17.9%
2024 · €190k
2019: €20k
2020: €48k
2021: €75k
2022: €104k
2023: €133k
2024: €190k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€276k-€289k▲ 4.8%€302k▲ 4.4%€330k▲ 9.4%€375k▲ 13.6%
Operating result€29k-€30k▲ 2.4%€31k▲ 2.1%€52k▲ 68.8%€69k▲ 32.9%
Net result€14k-€15k▲ 2.0%€14k▼ 3.7%€28k▲ 99.0%€47k▲ 66.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 33% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €418k
Fixed assets
€250k▼ 5.6%
Current assets
€168k▼ 44.9%
Equity and liabilities €418k
Equity
€375k▲ 13.6%
Debt
€43k▼ 82.2%
The debt ratio falls from 42.1% to 10.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▲
2024 · €67k
Cash flow
€62k▲
2024 · €43k
Solvency
89.8%▲
2024 · 57.9%
Current ratio
13.60▲
2024 · 2.64
Quick ratio
13.60▲
2024 · 2.64
Debt / equity
0.11▼
2024 · 0.73
ROE
12.5%▲
2024 · 8.6%
ROA
11.3%▲
2024 · 5.0%
Interest coverage
12.81▲
2024 · 4.77
Debt
€43k▼
2024 · €240k
Debt ≤ 1 year
€12k▼
2024 · €116k
Debt > 1 year
€0▼
2024 · €100k
Income taxes
€16k▲
2024 · €10k
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€570k€418k▼
Fixed assets21/28€265k€250k▼
Tangible fixed assets22/27€265k€250k▼
Land and buildings22€265k€250k▼
Current assets29/58€306k€168k▼
Amounts receivable within one year40/41€298k€164k▼
Trade receivables40€283€4k▲
Other amounts receivable41€298k€160k▼
Cash at bank and in hand54/58€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€570k€418k▼
Equity10/15€330k€375k▲
Contributions10/11€98k€98k=
Reserves13€232k€277k▲
Distributable reserves133€232k€277k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€240k€43k▼
Amounts payable after more than one year17€100k€0▼
Other amounts payable178/9€100k€0▼
Amounts payable within one year42/48€116k€12k▼
Trade debts44€197€0▼
Suppliers440/4€197€0▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€4k€821▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€111k€10k▼
Accrued charges and deferred income492/3€24k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Other operating charges640/8€7k€7k▲
Gross operating margin9900€74k€91k▲
Operating profit (loss)9901€52k€69k▲
Financial income75/76B€0€547▲
Recurring financial income75€0€547▲
Financial charges65/66B€14k€7k▼
Recurring financial charges65€14k€7k▼
Profit (loss) for the period before taxes9903€38k€63k▲
Income taxes67/77€10k€16k▲
Profit (loss) for the period9904€28k€47k▲
Profit (loss) for the period to be appropriated9905€28k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€47k▲
Transfer from equity791/2-€2k
Transfer to equity691/2€28k€47k▲
To other reserves6921€28k€47k▲
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (5 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €47k ▲66.4%
Operating result €69k, net result €47k, both a record.
30-06
Financial
Liquidity times 5current ratio 13.60
Current ratio from 2.64 to 13.60; short-term debt falls from €116k to €12k.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
18-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zulte · 1 establishment unit since 1997
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.
Rijksweg 2B9870 ZulteGround area
8,409 m²
Building footprint
670 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
MANON
since 19972.081.972.960
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037A0793/00H000 | Flanders | 4,580 m² | 1 · 327 m² | - |
| 44037A0792/00N000 | Flanders | 3,828 m² | 1 · 344 m² | - |
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.
Similar companies · same sector, comparable size
ACCENT OFFICES
BE 0806.179.371
Roeselare · Eq €375k
MORTIER CONSULT
BE 0811.145.078
Kortrijk · Eq €375k
BLISPAR
BE 0719.419.603
Boechout · Eq €376k
IMMO LECLERCQ
BE 0880.145.237
Tournai · Eq €374k
DENVEST
BE 0631.785.447
Nieuwpoort · Eq €374k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,800 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-1997
Fiscal year end30-06
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 28 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.