MANULEV-CONSULT
ActiveMANULEV-CONSULT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €858k and a net result of €152k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 8091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 11.53 against 12.7 in 2023; short-term debt: 8.6% and cash: 14.4% of total assets), and 8.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.4%
Return on assets
16.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
55 d early
2022
54 d early
2021
51 d early
2020
52 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€858k▲ 21.5%
2023 · €706k
2018: €257k
2019: €380k
2020: €447k
2021: €526k
2022: €589k
2023: €706k
2018 → 2024
Total assets
€939k▲ 22.6%
2023 · €766k
2018: €432k
2019: €430k
2020: €491k
2021: €574k
2022: €635k
2023: €766k
2018 → 2024
Net result
€152k▲ 29.4%
2023 · €117k
2018: €174k
2019: €133k
2020: €67k
2021: €80k
2022: €63k
2023: €117k
2018 → 2024
Working capital
€853k▲ 22.4%
2023 · €697k
2018: €63k
2019: €206k
2020: €291k
2021: €371k
2022: €449k
2023: €697k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€447k-€526k▲ 17.9%€589k▲ 11.9%€706k▲ 19.9%€858k▲ 21.5%
Operating result€98k-€122k▲ 25.2%€99k▼ 18.9%€173k▲ 74.6%€210k▲ 21.3%
Net result€67k-€80k▲ 20.1%€63k▼ 21.5%€117k▲ 86.9%€152k▲ 29.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €939k
Fixed assets
€5k▼ 48.4%
Current assets
€934k▲ 23.5%
Equity and liabilities €939k
Equity
€858k▲ 21.5%
Debt
€81k▲ 36.0%
The debt ratio rises from 7.8% to 8.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€217k▲
2023 · €184k
Cash flow
€159k▲
2023 · €128k
Solvency
91.4%▼
2023 · 92.2%
Current ratio
11.53▼
2023 · 12.70
Quick ratio
11.53▼
2023 · 12.70
Debt / equity
0.09▲
2023 · 0.08
ROE
17.7%▲
2023 · 16.6%
ROA
16.2%▲
2023 · 15.3%
Interest coverage
892.27▲
2023 · 584.36
Debt
€81k▲
2023 · €60k
Debt ≤ 1 year
€81k▲
2023 · €60k
Income taxes
€77k▲
2023 · €63k
Staff costs
€27k▲
2023 · €26k
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€766k€939k▲
Fixed assets21/28€9k€5k▼
Intangible fixed assets21€2k€967▼
Tangible fixed assets22/27€7k€4k▼
Furniture and vehicles24€7k€4k▼
Current assets29/58€757k€934k▲
Amounts receivable within one year40/41€36k€45k▲
Trade receivables40€36k€38k▲
Other amounts receivable41-€7k
Current investments50/53€450k€750k▲
Cash at bank and in hand54/58€261k€135k▼
Deferred charges and accrued income490/1€10k€4k▼
Equity and liabilities
Total equity and liabilities10/49€766k€939k▲
Equity10/15€706k€858k▲
Contributions10/11€19k€19k=
Reserves13€688k€839k▲
Distributable reserves133€688k€839k▲
Amounts payable17/49€60k€81k▲
Amounts payable within one year42/48€60k€81k▲
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Taxes, remuneration and social security45€51k€80k▲
Taxes450/3€49k€78k▲
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€3k-
Income statement
Code20232024
Remuneration, social security and pensions62€26k€27k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€8k▼
Other operating charges640/8€9k€9k▼
Gross operating margin9900€219k€253k▲
Operating profit (loss)9901€173k€210k▲
Financial income75/76B€8k€20k▲
Recurring financial income75€8k€20k▲
Financial charges65/66B€314€244▼
Recurring financial charges65€314€244▼
Profit (loss) for the period before taxes9903€180k€229k▲
Income taxes67/77€63k€77k▲
Profit (loss) for the period9904€117k€152k▲
Profit (loss) for the period to be appropriated9905€117k€152k▲
Appropriation of the result
Profit (loss) to be appropriated9906€117k€152k▲
Transfer to equity691/2€117k€152k▲
To other reserves6921€117k€152k▲
Social balance
Average headcount (FTE)90870.50.5=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €63k ▼21.5%
Net result drops to €63k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €526k ▲17.9%
4 profitable years in a row build equity to €526k.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 5.76
Current ratio from 1.38 to 5.76; short-term debt falls from €167k to €43k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Schoten · 1 establishment unit since 2005
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.
Nachtegalenlei 192900 SchotenGround area
1,507 m²
Building footprint
175 m²
Volume, LiDAR
1,089 m³
Parcel 11040D0184/00H003, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Manulev-Consult
since 20052.150.042.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0184/00H003 | Flanders | 1,507 m² | 1 · 175 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
N.OVA
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ITEX CONSULTING
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GREGOIRE TONDREAU
BE 0537.232.124
Ukkel · Eq €858k
DOMIVAL
BE 0431.380.180
Kortrijk · Eq €858k
GUCY MANAGEMENT
BE 0677.815.313
Schilde · Eq €858k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,562. 29,494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2005
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.