MANREET
ActiveThe computed 12-month bankruptcy probability of MANREET is 4.0% (moderate). The 2025 annual accounts show equity of €118k and a net result of €65k. Its solvency ranks better than 72% of 18016 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency99▼-1
Growth78
Stability82
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days only on tighter terms
Liquidity ample (current ratio 2.25 against 3.08 in 2024), and 39.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
60.6%
Return on assets
33.4%
Age of the figures
8 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 03-08-2026, 3 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 · 2 filingsDeviation from the deadline
2025
3 d late
2024
8 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€118k▲ 123%
2024 · €53k
2024: €53k
2024 → 2025
Total assets
€195k▲ 164%
2024 · €74k
2024: €74k
2024 → 2025
Net result
€65k▲ 39.3%
2024 · €47k
2024: €47k
2024 → 2025
Working capital
€96k▲ 124%
2024 · €43k
2024: €43k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€53k-€118k▲ 123%
Operating result€62k-€87k▲ 40.1%
Net result€47k-€65k▲ 39.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195k
Fixed assets
€22k▲ 118%
Current assets
€173k▲ 172%
Equity and liabilities €195k
Equity
€118k▲ 123%
Debt
€77k▲ 271%
The debt ratio rises from 28.1% to 39.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€89k▲
2024 · €62k
Cash flow
€67k▲
2024 · €47k
Solvency
60.6%▼
2024 · 71.9%
Current ratio
2.25▼
2024 · 3.08
Quick ratio
2.05▼
2024 · 2.83
Debt / equity
0.65▲
2024 · 0.39
ROE
55.1%▼
2024 · 88.1%
ROA
33.4%▼
2024 · 63.4%
Interest coverage
1312.42▼
2024 · 1917.66
Debt
€77k▲
2024 · €21k
Debt ≤ 1 year
€77k▲
2024 · €21k
Income taxes
€22k▲
2024 · €15k
Staff costs
€45k▲
2024 · €16k
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€74k€195k▲
Fixed assets21/28€10k€22k▲
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€5k€4k▼
Furniture and vehicles24€5k€4k▼
Financial fixed assets28€2k€15k▲
Current assets29/58€64k€173k▲
Stocks and contracts in progress3€5k€15k▲
Stocks30/36€5k€15k▲
Cash at bank and in hand54/58€58k€158k▲
Equity and liabilities
Total equity and liabilities10/49€74k€195k▲
Equity10/15€53k€118k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€47k€112k▲
Amounts payable17/49€21k€77k▲
Amounts payable within one year42/48€21k€77k▲
Trade debts44€2k€33k▲
Suppliers440/4€2k€33k▲
Taxes, remuneration and social security45€18k€44k▲
Taxes450/3€17k€41k▲
Remuneration and social security454/9€1k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€16k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€371€2k▲
Other operating charges640/8€98€8k▲
Gross operating margin9900€79k€141k▲
Operating profit (loss)9901€62k€87k▲
Financial charges65/66B€33€68▲
Recurring financial charges65€33€68▲
Profit (loss) for the period before taxes9903€62k€87k▲
Income taxes67/77€15k€22k▲
Profit (loss) for the period9904€47k€65k▲
Profit (loss) for the period to be appropriated9905€47k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€112k▲
Profit (loss) brought forward from the previous period14P-€47k
The notes to these accounts (10 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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Equity above €100kEq €118k ▲123%
2 profitable years in a row build equity to €118k.
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
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, Brussel · 2 establishment units since 2024
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.
Jules Van Praetstraat 251000 BrusselGround area
249 m²
Building footprint
180 m²
Volume, LiDAR
4,676 m³
2 parcels, Brussels · tallest building 31.3 m, ±10 floors. Linked by address, not a title deed.
2 establishment units
Manreet
since 20242.358.980.612
Manreet
since 20252.379.525.311
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0796/00M000 | Brussels | 230 m² | 1 · 161 m² | 31.3 m · 10 fl. |
| 21802B1421/00A000 | Brussels | 19 m² | 1 · 19 m² | 15.9 m · 5 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 siteBrussel2.358.980.612
Similar companies · same sector, comparable size
EZAAN
BE 0501.590.760
Tournai · Eq €118k
Academie
BE 0781.646.883
Gent · Eq €118k
Express Heist
BE 0739.764.758
Knokke-Heist · Eq €118k
POLTOR
BE 0421.401.157
Kortemark · Eq €118k
ELEONAS
BE 0889.049.441
Elsene · Eq €118k
Of 10,411 companies in sector 47110 we hold annual accounts for 5,787. 4,530 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2024
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
46350Wholesale trade
46360Wholesale trade
47252Retail sale of beverages, general range
47620Retail trade
47621Retail sale of newspapers and periodicals
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.