Turnover€64.98M+22.5%
EBIT margin3.7%0pp
Net result€1.37M+189.1%
Working capital€6.59M+34.0%
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Manuchar Pulp & Paper is 1.0% (low). The 2025 annual accounts show equity of €6.20M and a net result of €1.37M. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 57% of 182 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Financials
FY 2025
€6.20M
equity
Turnover€64.98M
Net result€1.37MHealth96/100 · Excellent
See full annual accounts
People & board
No director data processed yet.
To directors Publicationslatest 31-03-2025
3
publications in the State GazetteChange in the board of directorsAll publications & acts Network & structure
No network or structure data processed.
To structure
Trust signals
3 signalsMore than 3 years active
Founded in 2023 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.0%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Annual accounts: healthy financial profile
−Lower-risk legal form
−
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Company registry (CBE)
Crossroads BankActivities
Handelsbemiddeling gespecialiseerd in andere goederen46180Handelsbemiddeling in de groothandel in andere specifieke goederen46180Groothandel in andere intermediaire producten, n.e.g.46769Groothandel in andere intermediaire producten, neg46869Handelsbemiddeling in de groothandel in andere specifieke goederen46180
Primary activity highlighted.
Names & trade names
| Legal nameNL | Manuchar Pulp & Paper |
| AbbreviationNL | Manuchar Paper |
Registered office
Rietschoorvelden 20
2170 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.