MANTERA
Annual accounts 2025
micro format, filed on 04-05-2026, 88 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €76,000 and €160,000.
Balance sheet
balance sheet total €291,453 on 31-12-2025in euro
in euro
Position in the sector
53.7%
Higher than 69% of 17,185 companies in 2025.
2.33
Higher than 71% of 16,482 companies in 2025.
-2.2%
Higher than 25% of 16,861 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
291,453 | 332,986 | 349,732 | 423,221 | 431,242 | 509,999 | 510,237 | 522,703 | 513,086 | 509,397 | 330,930 | 291,436 | 273,739 | 268,400 | 276,885 | 277,748 | 290,411 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 138 | 415 | |
21/28 |
228,865 | 261,198 | 293,531 | 325,864 | 354,927 | 387,887 | 420,894 | 450,485 | 428,237 | 424,274 | 195,483 | 211,539 | 225,952 | 242,602 | 248,641 | 262,556 | 264,617 | |
22/27 |
228,865 | 261,198 | 293,531 | 325,864 | 354,927 | 387,887 | 420,894 | 450,485 | 428,237 | 424,274 | 195,483 | 211,539 | 225,952 | 242,602 | 248,641 | 262,417 | 264,202 | |
22 |
151,800 | 176,220 | 200,640 | 225,060 | 249,480 | 273,900 | 298,320 | 322,740 | 427,553 | 421,607 | 193,785 | 209,177 | 224,570 | 239,872 | 245,182 | 258,046 | 259,626 | |
23 |
66 | 99 | 132 | 165 | 198 | 231 | 264 | 437 | 348 | 555 | 762 | 970 | 1,177 | 1,384 | 1,591 | 1,799 | 601 | |
24 |
- | - | - | - | - | - | 47 | 94 | 337 | 579 | 936 | 1,392 | 206 | 1,345 | 1,868 | 2,572 | 3,975 | |
26 |
76,999 | 84,879 | 92,759 | 100,639 | 105,250 | 113,756 | 122,263 | 127,214 | - | - | - | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | - | - | - | 1,533 | - | - | - | - | - | - | - | |
29/58 |
62,588 | 71,788 | 56,201 | 97,357 | 76,314 | 122,112 | 89,344 | 72,218 | 84,849 | 85,123 | 135,446 | 79,897 | 47,787 | 25,798 | 28,243 | 15,192 | 25,795 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 160 | 336 | 656 | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 160 | 336 | 656 | - | - | - | |
40/41 |
- | 173 | 246 | 334 | 514 | 2,480 | 2,866 | 2,426 | 1,192 | 10,284 | 732 | 561 | 1,390 | 1,781 | 299 | 1,380 | 478 | |
40 |
- | 173 | 246 | 334 | 514 | 2,480 | 2,866 | 2,426 | 1,192 | 1,030 | 732 | 561 | 1,390 | 1,247 | 299 | 1,380 | 478 | |
41 |
- | - | - | - | - | - | - | - | - | 9,254 | - | - | - | 534 | - | - | - | |
54/58 |
62,588 | 71,615 | 55,956 | 97,023 | 75,800 | 119,632 | 86,477 | 69,792 | 83,657 | 74,839 | 134,714 | 79,176 | 46,061 | 23,361 | 27,944 | 13,812 | 25,317 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
291,453 | 332,986 | 349,732 | 423,221 | 431,242 | 509,999 | 510,237 | 522,703 | 513,086 | 509,397 | 330,930 | 291,436 | 273,739 | 268,400 | 276,885 | 277,748 | 290,411 | |
10/15 |
156,579 | 170,786 | 164,693 | 185,966 | 173,834 | 198,510 | 175,939 | 167,096 | 164,154 | 140,535 | 116,867 | 77,655 | 52,296 | 39,744 | 38,462 | 31,244 | 38,573 | |
10/11 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
100 |
- | - | - | - | - | - | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
13 |
106,579 | 120,786 | 114,693 | 135,966 | 123,834 | 148,510 | 125,939 | 117,096 | 114,154 | 90,535 | 66,867 | 27,655 | 2,296 | - | - | - | - | |
130/1 |
- | - | 5,000 | 5,000 | 5,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 2,296 | - | - | - | - | |
1311 |
- | - | 5,000 | 5,000 | 5,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | 118,834 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
106,579 | 120,786 | 109,693 | 130,966 | - | 143,510 | 120,939 | 112,096 | 109,154 | 85,535 | 61,867 | 22,655 | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | - | -10,256 | -11,538 | -18,756 | -11,427 | |
16 |
- | - | - | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
160/5 |
- | - | - | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
134,875 | 162,200 | 185,039 | 235,255 | 257,408 | 311,489 | 334,298 | 355,607 | 348,933 | 368,862 | 214,063 | 213,781 | 221,443 | 228,656 | 238,422 | 246,504 | 251,839 | |
17 |
107,332 | 127,766 | 152,488 | 176,221 | 201,679 | 225,704 | 250,957 | 274,207 | 294,764 | 316,550 | 141,820 | 150,917 | 159,858 | 168,980 | 177,103 | 184,974 | 192,056 | |
170/4 |
107,332 | 127,766 | 152,488 | 176,221 | 201,679 | 225,704 | 250,957 | 274,207 | 294,764 | 316,550 | 141,820 | 150,917 | 159,858 | 168,980 | 177,103 | 184,974 | 192,056 | |
42/48 |
26,904 | 29,681 | 29,396 | 53,522 | 50,256 | 78,217 | 74,066 | 76,245 | 51,676 | 48,379 | 69,190 | 60,750 | 59,440 | 58,135 | 58,014 | 59,507 | 57,267 | |
42 |
25,324 | 24,861 | 24,839 | 25,509 | 24,025 | 23,553 | 23,139 | 22,259 | 21,786 | 21,324 | 9,096 | 8,841 | 8,332 | 8,122 | 7,871 | 7,627 | 6,391 | |
44 |
- | 257 | 115 | 338 | 111 | 537 | - | 250 | 79 | 7,913 | 26 | 26 | 41 | 13 | - | - | - | |
440/4 |
- | 257 | 115 | 338 | 111 | 537 | - | 250 | 79 | 7,913 | 26 | 26 | 41 | 13 | - | - | - | |
45 |
- | 2,890 | 2,554 | 2,675 | 1,120 | 4,128 | 927 | 3,737 | 4,811 | 19,141 | 10,067 | 1,883 | 1,067 | - | 144 | 1,880 | 876 | |
450/3 |
- | 2,890 | 2,554 | 2,675 | 1,120 | 4,128 | 927 | 3,737 | 4,811 | 19,141 | 10,067 | 1,883 | 1,067 | - | 144 | 1,880 | 876 | |
47/48 |
1,580 | 1,673 | 1,888 | 25,000 | 25,000 | 50,000 | 50,000 | 50,000 | 25,000 | - | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
492/3 |
638 | 4,753 | 3,155 | 5,513 | 5,473 | 7,568 | 9,275 | 5,155 | 2,492 | 3,933 | 3,053 | 2,114 | 2,145 | 1,540 | 3,305 | 2,023 | 2,516 | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 100 | - | - | - | |
9900 |
55,839 | 52,036 | 45,969 | 78,492 | 64,341 | 75,040 | 57,383 | 51,149 | 86,725 | 80,449 | 92,902 | 63,312 | 40,540 | 30,142 | 34,854 | 22,972 | 8,751 | |
630 |
32,333 | 32,333 | 32,333 | 32,180 | 32,960 | 33,006 | 33,147 | 33,232 | 30,466 | 28,992 | 16,122 | 16,306 | 16,739 | 16,730 | 16,107 | 16,188 | 15,794 | |
640/8 |
3,923 | 3,718 | 4,693 | 3,716 | 4,272 | 3,723 | 3,967 | 8,882 | 7,423 | 8,569 | 2,280 | 2,477 | 2,261 | 3,240 | 2,381 | 2,568 | 1,766 | |
66A |
23,878 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-4,294 | 15,985 | 8,943 | 42,596 | 27,109 | 38,311 | 20,269 | 9,034 | 48,836 | 42,888 | 74,499 | 44,529 | 21,540 | 10,171 | 16,365 | 4,216 | -8,810 | |
75/76B |
271 | 942 | 361 | - | 34 | 2 | 2 | 68 | 59 | 482 | 846 | 680 | 699 | 466 | 488 | 521 | 1,637 | |
75 |
271 | 942 | 361 | - | 34 | 2 | 2 | 68 | 59 | 382 | 846 | 680 | 699 | 466 | 488 | 521 | 1,637 | |
76B |
- | - | - | - | - | - | - | - | - | 100 | - | - | - | - | - | - | - | |
65/66B |
3,717 | 3,376 | 3,509 | 6,952 | 5,352 | 6,845 | 9,005 | 8,197 | 7,304 | 5,940 | 8,119 | 8,738 | 9,112 | 9,358 | 9,561 | 12,032 | 4,009 | |
65 |
3,717 | 3,376 | 3,509 | 4,952 | 5,352 | 6,845 | 9,005 | 8,197 | 7,304 | 5,940 | 8,119 | 8,738 | 9,112 | 9,358 | 9,561 | 12,032 | 4,009 | |
66B |
- | - | - | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-7,740 | 13,551 | 5,795 | 35,645 | 21,790 | 31,468 | 11,266 | 906 | 41,591 | 37,431 | 67,227 | 36,472 | 13,126 | 1,379 | 7,291 | -7,295 | -11,181 | |
67/77 |
-1,233 | 7,458 | 4,068 | 8,513 | 7,255 | 8,897 | 2,423 | -2,037 | 17,972 | 13,762 | 28,015 | 11,113 | 574 | 97 | 73 | 34 | 246 | |
9904 |
-6,507 | 6,093 | 1,727 | 27,132 | 14,535 | 22,571 | 8,843 | 2,943 | 23,618 | 23,668 | 39,212 | 25,359 | 12,552 | 1,282 | 7,218 | -7,329 | -11,427 | |
9905 |
-6,507 | 6,093 | 1,727 | 27,132 | 14,535 | 22,571 | 8,843 | 2,943 | 23,618 | 23,668 | 39,212 | 25,359 | 12,552 | 1,282 | 7,218 | -7,329 | -11,427 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-6,507 | 6,093 | 1,727 | 27,132 | 14,535 | 22,571 | 8,843 | 2,943 | 23,618 | 23,668 | 66,867 | 27,655 | 2,296 | -10,256 | -11,538 | -18,756 | -11,427 | |
791/2 |
14,207 | - | 23,000 | 15,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | 6,093 | 1,727 | 27,132 | 14,535 | 22,571 | 8,843 | 2,943 | 23,618 | 23,668 | 66,867 | 27,655 | 2,296 | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | 5,000 | 5,000 | 2,296 | - | - | - | - | |
6921 |
- | 6,093 | 1,727 | 27,132 | 14,535 | 22,571 | 8,843 | 2,943 | 23,618 | 23,668 | 61,867 | 22,655 | - | - | - | - | - | |
694/7 |
7,700 | - | 23,000 | 15,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
7,700 | - | 23,000 | 15,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-05-2026 | 2026-00100132 | |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00227913 | |
| 31-12-2023 | micro format | 10-06-2024 | 2024-00118544 | |
| 31-12-2022 | micro format | 01-06-2023 | 2023-00103900 | |
| 31-12-2021 | micro format | 01-06-2022 | 2022-20046490 | |
| 31-12-2020 | micro format | 19-05-2021 | 2021-14800192 | |
| 31-12-2019 | micro format | 05-05-2020 | 2020-11500213 | |
| 31-12-2018 | micro format | 08-05-2019 | 2019-12800037 | |
| 31-12-2017 | micro format | 15-05-2018 | 2018-13100048 | |
| 31-12-2016 | micro format | 05-06-2017 | 2017-15100110 | |
| 31-12-2015 | abbreviated format | 02-05-2016 | 2016-11500183 | |
| 31-12-2014 | abbreviated format | 06-05-2015 | 2015-11200478 | |
| 31-12-2013 | abbreviated format | 23-05-2014 | 2014-13600528 | |
| 31-12-2012 | abbreviated format | 08-06-2013 | 2013-17000451 | |
| 31-12-2011 | abbreviated format | 15-06-2012 | 2012-17800327 | |
| 31-12-2010 | abbreviated format | 26-04-2011 | 2011-09300554 | |
| 31-12-2009 | abbreviated format | 06-05-2010 | 2010-11000244 |
Subsidies and aid
Flemish government 2023 to 2024, 2 entries, €68 awarded, €68 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €33 | €33 |
| 2023 | 1 | €35 | €35 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28,039 | 48,318 | 41,276 | 74,776 | 60,068 | 71,317 | 53,416 | 42,266 | 79,302 | 71,880 | 90,621 | 60,835 | 38,279 | 26,901 | 32,473 | 20,404 | 6,985 | ||
| 25,826 | 38,426 | 34,060 | 59,312 | 47,495 | 55,577 | 41,990 | 36,175 | 54,085 | 52,660 | 55,334 | 41,665 | 29,292 | 18,012 | 23,326 | 8,859 | 4,367 | ||
| 0 | 0 | 0 | 3,116 | 0 | 0 | 3,556 | 55,480 | 34,429 | 257,783 | 66 | 1,892 | 90 | 10,691 | 2,193 | 14,126 | 279,581 | ||
| -9,027 | 15,659 | -41,067 | 21,223 | -43,832 | 33,155 | 16,685 | -13,865 | 8,818 | -59,875 | 55,538 | 33,116 | 22,699 | -4,583 | 14,132 | -11,505 | - | ||
| 35,684 | 42,107 | 26,805 | 43,835 | 26,058 | 43,895 | 15,278 | -4,027 | 33,172 | 36,744 | 66,257 | 19,147 | -11,654 | -32,337 | -29,771 | -44,315 | -31,472 | ||
| 53.7% | 51.3% | 47.1% | 43.9% | 40.3% | 38.9% | 34.5% | 32.0% | 32.0% | 27.6% | 35.3% | 26.6% | 19.1% | 14.8% | 13.9% | 11.2% | 13.3% | ||
| 2.33 | 2.42 | 1.91 | 1.82 | 1.52 | 1.56 | 1.21 | 0.95 | 1.64 | 1.76 | 1.96 | 1.32 | 0.80 | 0.44 | 0.49 | 0.26 | 0.45 | ||
| 2.33 | 2.42 | 1.91 | 1.82 | 1.52 | 1.56 | 1.21 | 0.95 | 1.64 | 1.76 | 1.96 | 1.31 | 0.80 | 0.43 | 0.49 | 0.26 | 0.45 | ||
| 0.86 | 0.95 | 1.12 | 1.27 | 1.48 | 1.57 | 1.90 | 2.13 | 2.13 | 2.62 | 1.83 | 2.75 | 4.23 | 5.75 | 6.20 | 7.89 | 6.53 | ||
| -4.2% | 3.6% | 1.0% | 14.6% | 8.4% | 11.4% | 5.0% | 1.8% | 14.4% | 16.8% | 33.6% | 32.7% | 24.0% | 3.2% | 18.8% | -23.5% | -29.6% | ||
| -2.2% | 1.8% | 0.5% | 6.4% | 3.4% | 4.4% | 1.7% | 0.6% | 4.6% | 4.6% | 11.8% | 8.7% | 4.6% | 0.5% | 2.6% | -2.6% | -3.9% | ||
| 7.54 | 14.31 | 11.76 | 15.10 | 11.22 | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €440,000 | €440,000 | €440,000 | €440,000 | €440,000 |
| Carrying value of the mortgaged assets | €228,865 | €261,198 | €293,531 | €325,864 | €354,927 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Insights on MANTERA
The operating result for 2025 is a loss of €4,294, after a profit of €15,985 in 2024. It is the lowest result since 2009.
Debt's share of the balance-sheet total falls from 48.7% to 46.3%. Equity and debt are lower.