MANTAEV SERVICE

Active

Private limited companyfounded 20215 yrs activeBeheytstraat 6, 8800 Roeselare, BelgiumKBO/BCE: BE 0761.859.279

The computed 12-month bankruptcy probability of MANTAEV SERVICE is 1.9% (moderate). The 2024 annual accounts show equity of €123k and a net result of €81k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 1632 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+86

Solvency80▲+26

Growth78▲+46

Track record94

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days only on tighter terms

Liquidity ample (current ratio 1.92 against 1.21 in 2023; short-term debt: 45.3% and cash: 25.5% of total assets), and 45.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Sector 33

higher

← fewer bankruptcies more bankruptcies →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-03-2026, 233 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

233 d late

2023

29 d late

2022

61 d late

2021

61 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€123k▲ 195%

2023 · €42k

2021: €45k 2022: €47k 2023: €42k

2021 → 2024

Total assets

€225k▲ 55.1%

2023 · €145k

2021: €68k 2022: €80k 2023: €145k

2021 → 2024

Net result

€81k

2023 · €-5k

2021: €42k 2022: €2k 2023: €-5k

2021 → 2024

Working capital

€94k▲ 338%

2023 · €21k

2021: €39k 2022: €35k 2023: €21k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€45k-€47k▲ 4.1%€42k▼ 11.1%€123k▲ 195%

Operating result€55k-€8k▼ 85.2%€-5k€108k

Net result€42k-€2k▼ 95.6%€-5k€81k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €108k after a loss of €5k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €225k

12.9%

87.1%

Fixed assets €29k▲ 25.3%

Current assets €196k▲ 60.8%

Equity and liabilities €225k

54.7%

45.3%

Equity €123k▲ 195%

Debt €102k▼ 1.3%

The debt ratio falls from 71.2% to 45.3%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€120k▲

2023 · €-341

Cash flow

€93k▲

2023 · €-1k

Solvency

54.7%▲

2023 · 28.8%

Current ratio

1.92▲

2023 · 1.21

Quick ratio

1.85▲

2023 · 1.14

Debt / equity

0.83▼

2023 · 2.47

ROE

66.1%▲

2023 · -12.5%

ROA

36.1%▲

2023 · -3.6%

Interest coverage

40.12▲

2023 · -0.24

Debt

€102k▼

2023 · €103k

Debt ≤ 1 year

€102k▲

2023 · €100k

Income taxes

€24k▲

2023 · €220

Staff costs

€274k▲

2023 · €145k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€145k€225k▲

Fixed assets21/28€23k€29k▲

Tangible fixed assets22/27€23k€29k▲

Plant, machinery and equipment23€1k€6k▲

Furniture and vehicles24€22k€23k▲

Current assets29/58€122k€196k▲

Stocks and contracts in progress3€8k€8k=

Stocks30/36€8k€8k=

Amounts receivable within one year40/41€59k€93k▲

Trade receivables40€54k€82k▲

Other amounts receivable41€5k€11k▲

Cash at bank and in hand54/58-€57k

Deferred charges and accrued income490/1€55k€38k▼

Equity and liabilities

Total equity and liabilities10/49€145k€225k▲

Equity10/15€42k€123k▲

Contributions10/11€3k€3k=

Reserves13€42k€42k=

Distributable reserves133€42k€42k=

Profit (loss) carried forward14€-3k€78k▲

Amounts payable17/49€103k€102k▼

Amounts payable within one year42/48€100k€102k▲

Financial debts43€10k-

Credit institutions430/8€10k-

Trade debts44€50k€22k▼

Suppliers440/4€50k€22k▼

Taxes, remuneration and social security45€41k€79k▲

Taxes450/3€15k€46k▲

Remuneration and social security454/9€25k€33k▲

Accrued charges and deferred income492/3€3k-

Income statement Code20232024

Remuneration, social security and pensions62€145k€274k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲

Other operating charges640/8€2k€3k▲

Non-recurring operating charges66A€9-

Gross operating margin9900€146k€397k▲

Operating profit (loss)9901€-5k€108k▲

Financial income75/76B€930-

Recurring financial income75€930-

Financial charges65/66B€1k€3k▲

Recurring financial charges65€1k€3k▲

Profit (loss) for the period before taxes9903€-5k€105k▲

Income taxes67/77€220€24k▲

Profit (loss) for the period9904€-5k€81k▲

Profit (loss) for the period to be appropriated9905€-5k€81k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-3k€78k▲

Profit (loss) brought forward from the previous period14P€2k€-3k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2026

21-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 233 days late

2024

31-12

Financial Back to profitnet €81k

Net result €81k after one loss-making year.

31-12

Financial Equity above €100kEq €123k ▲195%

Equity rises from €42k to €123k.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

31-12

Financial Weakest financial yearnet €-5k ▼383%

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

30-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 61 days late

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

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, Roeselare · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Beheytstraat 68800 Roeselare

Ground area

2,578 m²

Building footprint

676 m²

Volume, LiDAR

7,924 m³

2 parcels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Kattenstraat 60, 8800 Roeselare

Manufacture of fabricated metal products, except machinery and equipment

since 20212.313.032.009

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36504D0975/00A002	Flanders	2,231 m²	1 · 583 m²	13.9 m · 4 fl.
36017D0829/00B004	Flanders	347 m²	1 · 94 m²	8.2 m · 2 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 254 EUR awarded · 254 EUR paid

Year	Entries	awarded	paid
2024	1	254 EUR	254 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 254 EUR · 254 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Hamme (Vl.) · Eq €123k

Tessenderlo-Ham · Eq €123k

END-TECH

BE 0662.777.640

Genk · Eq €122k

Of 3,717 companies in sector 33120 we hold annual accounts for 1,341. 1,141 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-01-2021

Fiscal year end31-12

Activities, NACEBEL

33120Repair and maintenance of machinery

43211General electrical installation work

28250Manufacture of machinery and equipment not elsewhere classified

47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels

47990Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:mantaevservice@gmail.com

Enterprise