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MANTRA

Active
Private limited company (pre-2019)founded 2007active for 19 yearsTinkstraat 7B, 9000 Gent, BelgiumKBO/BCE: BE 0889.888.490
Summary

MANTRA has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,328 and a net result of €31,698. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 86% of 22,793 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-06-2007 Normal situation
Activity
Retail sale of bicycles NACE 47632and 2 others
Joint committee
149.04 Paritair Subcomité voor de metaalhandel · annual accounts 2025
Establishment units
2.163.340.916 9000 Gent, since 06-06-2007
2.381.731.169 9000 Gent, since 01-01-2025
Financial year end
31 December
Peppol
Reachable since 19-03-2025

Board and ownership

Board
  • VANDEPUTTE BRECHTDirector

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€63,232
▲ 230%
Turnover
≈ €380,000
estimated
Profit
€31,698
Equity
€129,328
▲ 32.5%
Total assets
€167,484
▲ 26.2%
Staff
0.6 FTE
▼ 40.0%
  • 2025 accounts filed 25 days after the deadline
Score breakdownraises riskLast filed accounts filed 25 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 3.98, cash €77,210Equity €129,328 (77.2% of total assets)Founded in 2007Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 88% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100+1
equity 77.2% of total assets
Liquidity 92+7
short-term debt 22.8% · cash 46.1%
Profitability 92+91
return on assets 18.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,278 companies, NACE 47, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.98 (3.27 in 2024), above the usual 1.5. Short-term debt is 22.8% and cash 46.1% of total assets. 22.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 92% on liquidity, 87% on profitability and 80% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.98, cash €77,210
NBB · annual accounts
lowers risk · Equity €129,328 (77.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 25 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
30 days late
2023
31 days late
2022
30 days late
2021
61 days late
2020
30 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €18,618 in 2024 €31,698 View
  • Positive: Higher solvency than 85% of companies in retail tradesector median 33.2% · 22,793 companies 77.2% View

Recent changes

  1. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as MANTRA: retail sale of bicycles (NACE 47632). They are comparable in size and age: total assets between €121,000 and €270,000, founded between 2002 and 2011.

CompanyTotal assetsGross margin
MANTRA Gent€167,484€63,232
SANDERS & SEYS Blankenberge€199,812€44,279
STEIL Gent€121,128€43,725
MOTO 46 Wavre€148,535€43,069
BIKE Kortrijk€169,433€39,786
Excellerbikes Brugge€167,549€41,947
HERMES RIJWIELEN Mortsel€270,304€65,858
Full comparison

Key facts about MANTRA

What is the company number of MANTRA?
The company number of MANTRA is 0889.888.490. The VAT number is the same number with BE in front: BE 0889.888.490.
Where is MANTRA based?
The registered office is at Tinkstraat 7B, 9000 Gent.Company details
What does MANTRA do?
According to the KBO register, the main activity is retail sale of bicycles (NACE 47632).
What is the legal form of MANTRA?
The legal form of MANTRA is Private limited company (pre-2019) (BVBA).
When was MANTRA founded?
MANTRA was founded on 06-06-2007.
Is MANTRA still active?
Yes, MANTRA is an active enterprise in the KBO register.
How many employees does MANTRA have?
MANTRA had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MANTRA fall under?
In its 2025 annual accounts, MANTRA states joint committee 149.04 (Paritair Subcomité voor de metaalhandel).
What is the turnover of MANTRA?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €63,232 and 32 comparable companies (NACE 476). It probably lies between €180,000 and €630,000.
Is MANTRA profitable?
In financial year 2025, MANTRA made a profit of €31,698.
Where can I find the annual accounts of MANTRA?
MANTRA filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MANTRA due?
MANTRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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