MANTRY
ActiveSummary
The computed 12-month bankruptcy probability of MANTRY is 8.3% (elevated). The 2025 annual accounts show negative equity (€-9k) and a net result of €-15k. Equity is growing by ~45.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 18400 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-39
Solvency0▼-40
Growth85=
Track record100
Bankruptcy probability, 12 months
8.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 1.17 in 2024; short-term debt: 206.1% and cash: 18.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-106.1%
Return on assets
-176.7%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-9k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
50 d early
2024
29 d late
2023
22 d late
2022
31 d late
2021
9 d early
2020
149 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€655k▲ 10.1%
2024 · €595k
2020: €178klowest value
2021: €223k▲ +25.8% vs 2020
2023: €438k
2024: €595k▲ +35.8% vs 2023
2025: €655k▲ +10.1% vs 2024highest value
2020 → 2025
EBIT margin
-2.0%▼ 2.1pp
2024 · 0.1%
2020: -8.8%lowest value
2021: 6.2%▲ +170% vs 2020highest value
2023: 0.5%
2024: 0.1%▼ -72.9% vs 2023
2025: -2.0%▼ -1523% vs 2024
2020 → 2025
Net result
€-15k
2024 · €270
2020: €-16klowest in 6 years
2021: €14k▲ +188% vs 2020highest in 6 years
2022: €2k▼ -85.4% vs 2021
2023: €1k▼ -30.1% vs 2022
2024: €270▼ -80.6% vs 2023
2025: €-15k▼ -5605% vs 2024
2020 → 2025
Working capital
€-9k
2024 · €6k
2020: €-15klowest in 6 years
2021: €-935▲ +93.6% vs 2020
2022: €1k▲ +213% vs 2021
2023: €2k▲ +132% vs 2022
2024: €6k▲ +157% vs 2023highest in 6 years
2025: €-9k▼ -242% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€223k-€438k€595k▲ 35.8%€655k▲ 10.1%
2021: €223klowest value
2023: €438k
2024: €595k▲ +35.8% vs 2023
2025: €655k▲ +10.1% vs 2024highest value
Equity€-935-€1k€2k▲ 132%€6k▲ 157%€-9k
2021: €-935
2022: €1k▲ +213% vs 2021
2023: €2k▲ +132% vs 2022
2024: €6k▲ +157% vs 2023highest in 5 years
2025: €-9k▼ -242% vs 2024lowest in 5 years
Operating result€14k-€2k▼ 83.9%€2k▲ 0.9%€822▼ 63.2%€-13k
2021: €14khighest in 5 years
2022: €2k▼ -83.9% vs 2021
2023: €2k▲ +0.9% vs 2022
2024: €822▼ -63.2% vs 2023
2025: €-13k▼ -1667% vs 2024lowest in 5 years
Net result€14k-€2k▼ 85.4%€1k▼ 30.1%€270▼ 80.6%€-15k
2021: €14khighest in 5 years
2022: €2k▼ -85.4% vs 2021
2023: €1k▼ -30.1% vs 2022
2024: €270▼ -80.6% vs 2023
2025: €-15k▼ -5605% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13k after €822 in 2024, the lowest result in the available series.
Key figures and ratios
Solvency
-106.1%▼
2024 · 14.9%
Current ratio
0.49▼
2024 · 1.17
Quick ratio
0.22▼
2024 · 0.92
Debt to equity
-1.94▼
2024 · 5.72
ROA
-176.7%▼
2024 · 0.6%
Debt
€17k▼
2024 · €36k
Debt ≤ 1 year
€17k▼
2024 · €36k
Income taxes
€181▲
2024 · €65
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet
Code20242025
Assets
Total assets20/58€42k€8k▼
Current assets29/58€42k€8k▼
Stocks and contracts in progress3€9k€5k▼
Stocks30/36€9k€5k▼
Amounts receivable within one year40/41€27k€2k▼
Trade receivables40€27k€2k▼
Cash at bank and in hand54/58€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€42k€8k▼
Equity10/15€6k€-9k▼
Contributions10/11€5k€4k▼
Profit (loss) carried forward14€2k€-13k▼
Amounts payable17/49€36k€17k▼
Amounts payable within one year42/48€36k€17k▼
Trade debts44€32k€8k▼
Suppliers440/4€32k€8k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Income statement
Code20242025
Turnover70€595k€655k▲
Goods, raw materials, services and sundry goods60/61€594k€667k▲
Other operating charges640/8€400€1k▲
Gross operating margin9900€1k€-12k▼
Operating profit (loss)9901€822€-13k▼
Financial charges65/66B€487€2k▲
Recurring financial charges65€487€2k▲
Profit (loss) for the period before taxes9903€335€-15k▼
Income taxes67/77€65€181▲
Profit (loss) for the period9904€270€-15k▼
Profit (loss) for the period to be appropriated9905€270€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-13k▼
Profit (loss) brought forward from the previous period14P€1k€2k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €223k | - | €438k | €595k | €655k | ▲ 10.1% |
| Goods, raw materials, services and sundry goods60/61 | €208k | - | €434k | €594k | €667k | ▲ 12.2% |
| Remuneration, social security and pensions62 | €671 | €99 | €2k | - | - | - |
| Other operating charges640/8 | €519 | €300 | €200 | €400 | €1k | ▲ 245% |
| Gross operating margin9900 | €15k | €3k | €5k | €1k | €-12k | ▼ 1,041% |
| Operating profit (loss)9901 | €14k | €2k | €2k | €822 | €-13k | ▼ 1,667% |
| Financial charges65/66B | €141 | €225 | €273 | €487 | €2k | ▲ 269% |
| Recurring financial charges65 | €141 | €225 | €273 | €487 | €2k | ▲ 269% |
| Profit (loss) for the period before taxes9903 | €14k | €2k | €2k | €335 | €-15k | ▼ 4,482% |
| Income taxes67/77 | - | - | €572 | €65 | €181 | ▲ 179% |
| Profit (loss) for the period9904 | €14k | €2k | €1k | €270 | €-15k | ▼ 5,605% |
| Profit (loss) for the period to be appropriated9905 | €14k | €2k | €1k | €270 | €-15k | ▼ 5,605% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3k | €46k | €35k | €42k | €8k | ▼ 80.1% |
| Current assets29/58 | €3k | €46k | €35k | €42k | €8k | ▼ 80.1% |
| Stocks and contracts in progress3 | €2k | €3k | €13k | €9k | €5k | ▼ 50.2% |
| Stocks30/36 | €2k | €3k | €13k | €9k | €5k | ▼ 50.2% |
| Amounts receivable within one year40/41 | €371 | €42k | €22k | €27k | €2k | ▼ 91.3% |
| Trade receivables40 | - | €42k | €21k | €27k | €2k | ▼ 91.3% |
| Other amounts receivable41 | €371 | - | €920 | - | - | - |
| Cash at bank and in hand54/58 | €380 | €606 | €826 | €6k | €2k | ▼ 75.5% |
| Deferred charges and accrued income490/1 | - | €1k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3k | €46k | €35k | €42k | €8k | ▼ 80.1% |
| Equity10/15 | €-935 | €1k | €2k | €6k | €-9k | ▼ 242% |
| Contributions10/11 | €1k | €1k | €1k | €5k | €4k | ▼ 7.8% |
| Profit (loss) carried forward14 | €-2k | €57 | €1k | €2k | €-13k | ▼ 864% |
| Amounts payable17/49 | €4k | €45k | €33k | €36k | €17k | ▼ 51.9% |
| Amounts payable within one year42/48 | €4k | €45k | €33k | €36k | €17k | ▼ 51.9% |
| Trade debts44 | €2k | €42k | €28k | €32k | €8k | ▼ 74.1% |
| Suppliers440/4 | €2k | €42k | €28k | €32k | €8k | ▼ 74.1% |
| Taxes, remuneration and social security45 | €40 | €441 | €1k | €4k | €9k | ▲ 113% |
| Taxes450/3 | €14 | €395 | €1k | €4k | €9k | ▲ 113% |
| Remuneration and social security454/9 | €26 | €46 | - | - | - | - |
| Other amounts payable47/48 | €2k | €2k | €4k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €2k | €1k | €270 | €-15k | ▼ 5,605% |
| Operating cash flow (approximation) | €14k | €2k | €1k | €270 | €-15k | ▼ 5,605% |
| Change in cash | - | €226 | €220 | €5k | €-5k | ▼ 187% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
27-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 149 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Brussel · 2 establishment units since 2019
Ground area
252 m²
Building footprint
219 m²
Volume, LiDAR
3,111 m³
2 parcels, Brussels · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
MANTRY
since 20192.315.580.733
MANTRY CUERENS
since 20212.319.363.040
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21810L2561/00C007 | Brussels | 199 m² | 1 · 166 m² | 19.0 m · 5 fl. |
| 21810L2561/00T007 | Brussels | 53 m² | 1 · 53 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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
2 sitesBrussel2.315.580.733
Brussel2.319.363.040
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 2,898 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.