MANORECO
ActiveMANORECO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €33k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
71
/ 100
Healthy▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+22
Solvency67▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.09 in 2024), and 31.3% 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.
−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 70
Relative position
BE, all sectors
reference
Sector 70
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
68.7%
Return on assets
16.6%
Age of the figures
14 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 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
39 d early
2023
128 d early
2022
32 d early
2021
45 d early
2020
44 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 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€138k▲ 10.6%
2024 · €125k
2019: €105k
2020: €105k
2021: €105k
2022: €122k
2023: €128k
2024: €125k
2019 → 2025
Total assets
€201k▼ 6.9%
2024 · €215k
2019: €201k
2020: €199k
2021: €201k
2022: €211k
2023: €240k
2024: €215k
2019 → 2025
Net result
€33k▲ 70.7%
2024 · €19k
2019: €-4k
2020: €709
2021: €-778
2022: €24k
2023: €16k
2024: €19k
2019 → 2025
Working capital
€-58k▲ 11.6%
2024 · €-66k
2019: €-14k
2020: €-13k
2021: €-16k
2022: €-20k
2023: €-25k
2024: €-66k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€122k▲ 16.1%€128k▲ 5.4%€125k▼ 2.7%€138k▲ 10.6%
Operating result€2k-€34k▲ 1,266%€27k▼ 21.4%€36k▲ 35.4%€53k▲ 47.1%
Net result€-778-€24k€16k▼ 31.2%€19k▲ 18.2%€33k▲ 70.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 47% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€196k▼ 6.0%
Current assets
€5k▼ 32.4%
Equity and liabilities €201k
Equity
€138k▲ 10.6%
Debt
€63k▼ 30.9%
The debt ratio falls from 42.1% to 31.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€66k▲
2024 · €50k
Cash flow
€46k▲
2024 · €33k
Solvency
68.7%▲
2024 · 57.9%
Current ratio
0.07▼
2024 · 0.09
Quick ratio
0.05▼
2024 · 0.07
Debt / equity
0.46▼
2024 · 0.73
ROE
24.1%▲
2024 · 15.6%
ROA
16.6%▲
2024 · 9.0%
Interest coverage
24.30▲
2024 · 17.98
Debt
€63k▼
2024 · €91k
Debt ≤ 1 year
€63k▼
2024 · €73k
Debt > 1 year
€0▼
2024 · €17k
Income taxes
€17k▲
2024 · €14k
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€215k€201k▼
Fixed assets21/28€209k€196k▼
Intangible fixed assets21€1k€993▼
Tangible fixed assets22/27€20k€8k▼
Furniture and vehicles24€20k€8k▼
Other tangible fixed assets26€487€385▼
Financial fixed assets28€187k€187k=
Current assets29/58€7k€5k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€39€13▼
Trade receivables40€0-
Other amounts receivable41€39€13▼
Cash at bank and in hand54/58€2k€788▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€215k€201k▼
Equity10/15€125k€138k▲
Contributions10/11€100k€100k=
Reserves13€22k€32k▲
Distributable reserves133€22k€32k▲
Profit (loss) carried forward14€3k€6k▲
Amounts payable17/49€91k€63k▼
Amounts payable after more than one year17€17k€0▼
Financial debts170/4€17k€0▼
Amounts payable within one year42/48€73k€63k▼
Current portion of amounts payable after more than one year42€5k€5k▼
Financial debts43€25k€32k▲
Credit institutions430/8€25k€32k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Advances received on contracts in progress46€1k€0▼
Taxes, remuneration and social security45€15k€13k▼
Taxes450/3€15k€13k▼
Other amounts payable47/48€25k€10k▼
Accrued charges and deferred income492/3€823€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€7k€2k▼
Gross operating margin9900€57k€68k▲
Operating profit (loss)9901€36k€53k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€33k€51k▲
Income taxes67/77€14k€17k▲
Profit (loss) for the period9904€19k€33k▲
Profit (loss) for the period to be appropriated9905€19k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€36k▲
Profit (loss) brought forward from the previous period14P€8k€3k▼
Transfer to equity691/2€5k€10k▲
To contributions691€5k-
To other reserves6921-€10k
Profit to be distributed694/7€20k€20k=
Return on contributions (dividend)694€20k€20k=
The notes to these accounts (14 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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €33k ▲70.7%
Operating result €53k, net result €33k, both a record.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €709
Net result €709 after one loss-making year.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Braine-le-Comte · 1 establishment unit since 2008
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.
Rue Flinchaux 17090 Braine-le-ComteGround area
435 m²
Building footprint
185 m²
Parcel 55036A0202/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Manoreco
since 20082.176.002.978
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55036A0202/00D000 | Wallonia | 435 m² | 1 · 185 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
GUEL & CO
BE 0670.571.985
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SCIMON
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HOME MANAGEMENT
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HEBO
BE 1005.705.896
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ECOHOUSE 4 YOU
BE 0826.512.353
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 40,725 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2008
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47400Retail sale of information and communication equipment
47410Retail trade
58290Other software publishing
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
77330Rental and leasing activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.