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Manuplex

Active Private limited company (pre-2019)founded 1968active for 58 yearsRue Ferdinand Philippot 3, 5020 NamurKBO/BCE: BE 0405.940.050 #4 oldest company in Namur, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1978
peak €84,951 (2008)
-€1,658▲ €5,768
lowest -€141,957 (2020)
-€9,419▲ €5,730
peak €121,515 (2006)
-€290,250▼ €9,419
€293,708▼ 0.7%
peak 2.4 FTE (2006)
-not published
Board2 names since 2020
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€7,426 to -€1,658Loss of €9,419Cash from €1,363 to €879

Key points

from the 2025 annual accounts

Equity

-€290,250
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€222,245 in eight years
-3,9422018-21,3062019-141,9572020-3,6502021-15,1982022-11,6242023-15,1492024-9,4192025

Every financial year from 2018 to 2025 closed with a loss. 2020 was the heaviest.

Position in the sector

-8392.0%

Lower solvency than 95% of companies in rubber and plastics. Sector median 38.4% · 181 companies.

2025 accounts filed 31 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,635 companies had the same profile as Manuplex has now. Each dot stands for 17 companies, two years later.

84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,635 companies, not a prediction for Manuplex. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0405940050
Appointment: (manager) General meeting of 01-09-2020 · Gazette deed
Registered office moved from Fleurus to Suarlee New registered office: rue Ferdinand Philippot 3, 5020 SUARLEE · Previous registered office: rue de Berlaimont 6, 6220 Fleurus, Belgique · Gazette deed
First establishment Rue Ferdinand Philippot 3, Namur
All 57 events

Comparable companies

same main activity, the nearest in size
Company
Manuplex Namur €3,459 -€1,658 -8392.0% -
COMPOSITE SYSTEMS Liège €27,166 -€7,252 -0.8% -
ALPEX PLAFOND La Louvière €24,052 €1,906 27.8% -
ComPacked Beringen €24,778 -€8,471 -22.2% -
4U Maldegem €24,802 €117,147 34.2% 1
VLOERWERKEN VANDECASTEELE Houthulst €31,259 €13,789 23.2% -
MCI Group Ghent €12,309 -€5,302 57.9% -

These companies have the same main activity as Manuplex: manufacture of rubber and plastic products (NACE 22240). They are larger than Manuplex: total assets between €12,300 and €31,300, founded between 2001 and 2023.

Official details

Source: KBO
Status
Active since 31-07-1968Normal situation
Activity
Manufacture of rubber and plastic productsNACE 22240
Establishment unit
2.002.228.2705020 Namur, since 01-08-1968
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2025

€3,459▼ 77.0%
Filing
Filed on 31-08-2026
Financials

Insights on Manuplex

Manuplex files the micro format. That format states no turnover. The gross margin fell from €82,401 in 2006 to -€1,658 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Manuplex

What is the company number of Manuplex?
The company number of Manuplex is 0405.940.050. The VAT number is the same number with BE in front: BE 0405.940.050.
Where is Manuplex based?
The registered office is at Rue Ferdinand Philippot 3, 5020 Namur.Company details
What does Manuplex do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22240).
What is the legal form of Manuplex?
Manuplex is a private limited company (pre-2019) (BVBA).
When was Manuplex founded?
Manuplex was founded on 31-07-1968.
Is Manuplex still active?
Yes, Manuplex is an active enterprise in the KBO register.
What is the turnover of Manuplex?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Manuplex profitable?
In financial year 2025, Manuplex made a loss of €9,419.
Where can I find the annual accounts of Manuplex?
Manuplex filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Manuplex due?
Manuplex must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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