MANSTEX MODE
ActiveMANSTEX MODE has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-3k. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-17
Solvency100▲+12
Growth25▼-8
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 37.17 against 1.59 in 2024), and 2.7% 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
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
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 →
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
97.3%
Return on assets
-16.5%
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 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
12 d late
2023
31 d late
2022
26 d late
2021
31 d late
2020
153 d late
2019
65 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, abbreviated schema
Turnover
€25k▼ 40.9%
2024 · €43k
2018: €43k
2019: €39k
2020: €26k
2021: €45k
2022: €51k
2023: €50k
2024: €43k
2018 → 2025
EBIT margin
-11.9%▼ 8.6pp
2024 · -3.3%
2018: 1.3%
2019: -1.6%
2020: 5.7%
2021: -11.3%
2022: 1.0%
2023: 1.7%
2024: -3.3%
2018 → 2025
Net result
€-3k▼ 96.0%
2024 · €-2k
2018: €-283
2019: €-770
2020: €2k
2021: €-6k
2022: €-46
2023: €682
2024: €-2k
2018 → 2025
Working capital
€18k▲ 78.4%
2024 · €10k
2018: €27k
2019: €27k
2020: €28k
2021: €-4k
2022: €855
2023: €7k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€45k-€51k▲ 13.0%€50k▼ 2.5%€43k▼ 13.8%€25k▼ 40.9%
Equity€22k-€22k▼ 0.2%€23k▲ 3.0%€21k▼ 6.9%€18k▼ 14.5%
Operating result€-5k-€497€847▲ 70.4%€-1k€-3k▼ 115%
Net result€-6k-€-46▲ 99.2%€682€-2k€-3k▼ 96.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €1k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €19k
Equity
€18k▼ 14.5%
Debt
€508▼ 97.1%
The debt ratio falls from 44.8% to 2.7%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
97.3%▲
2024 · 55.2%
Current ratio
37.17▲
2024 · 1.59
Quick ratio
37.17▲
2024 · 0.91
Debt / equity
0.03▼
2024 · 0.81
ROE
-17.0%▼
2024 · -7.4%
ROA
-16.5%▼
2024 · -4.1%
Debt
€508▼
2024 · €17k
Debt ≤ 1 year
€508▼
2024 · €17k
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€39k€19k▼
Fixed assets21/28€11k-
Tangible fixed assets22/27€11k-
Furniture and vehicles24€11k-
Current assets29/58€28k€19k▼
Stocks and contracts in progress3€12k-
Stocks30/36€12k-
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40€368-
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€14k€15k▲
Equity and liabilities
Total equity and liabilities10/49€39k€19k▼
Equity10/15€21k€18k▼
Contributions10/11€21k€21k=
Capital10€21k€21k=
Issued capital100€21k€21k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-2k€-5k▼
Amounts payable17/49€17k€508▼
Amounts payable within one year42/48€17k€508▼
Current portion of amounts payable after more than one year42€16k-
Trade debts44€377€242▼
Suppliers440/4€377€242▼
Taxes, remuneration and social security45€389-
Taxes450/3€389-
Other amounts payable47/48€1k€266▼
Income statement
Code20242025
Turnover70€43k€25k▼
Goods, raw materials, services and sundry goods60/61€38k€29k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k-
Other operating charges640/8€899€528▼
Gross operating margin9900€5k€-2k▼
Operating profit (loss)9901€-1k€-3k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€141€101▼
Recurring financial charges65€141€101▼
Profit (loss) for the period before taxes9903€-2k€-3k▼
Income taxes67/77€46-
Profit (loss) for the period9904€-2k€-3k▼
Profit (loss) for the period to be appropriated9905€-2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-5k▼
Profit (loss) brought forward from the previous period14P€-109€-2k▼
The notes to these accounts (4 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Liquidity times 23current ratio 37.17
Current ratio from 1.59 to 37.17; short-term debt falls from €17k to €508.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €682
Net result €682 after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-6k ▼477%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 65 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 1989
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 du Blooming 136031 CharleroiGround area
155 m²
Building footprint
33 m²
Volume, LiDAR
224 m³
Parcel 52047B0114/00L010, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Blooming 13, 6031 Charleroi
since 19892.045.394.953
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52047B0114/00L010 | Wallonia | 155 m² | 1 · 33 m² | 7.6 m · 2 fl. |
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
LACE GALLERY
BE 0448.619.357
Brugge · Eq €18k
AMICA
BE 0427.402.685
Menen · Eq €18k
VEGUR
BE 0540.728.280
Beveren-Kruibeke-Zwijndrecht · Eq €19k
POLI MOUSSE
BE 0628.745.981
Charleroi · Eq €19k
L'APOSTROPHE
BE 0432.706.805
Antwerpen · Eq €19k
Of 1,268 companies in sector 47512 we hold annual accounts for 579. 351 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded01-10-1989
Fiscal year end31-12
Activities, NACEBEL
47512Retail sale of household textiles and bedding
52410
46412Wholesale of household textiles and bedding
47722Retail trade
51410
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.