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MANZI CONSTRUCTION

Active Private limited companyfounded 2012active for 14 yearsRue de l'Espinette 36, 7160 Chapelle-lez-HerlaimontKBO/BCE: BE 0846.448.229 #8 company by total assets in Chapelle-lez-Herlaimont, Construction sector

Lifetime

14 annual accounts with figures on one time axis
peak of €271,476 in 2021
€251,375▲ 40.8%
lowest -€203,166 in 2023
€27,699▼ 16.3%
peak of €176,983 in 2021
€31,448▲ 739%
€397,792▲ 149%
peak of 4.1 FTE in 2017
-not published
Board3 names since 2016
2 directors and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025abbreviated format
Gross margin from €178,528 to €251,375Equity from €3,749 to €31,448Debts from €159,649 to €397,792Investments €287,629

Key points

from the 2025 annual accounts

Equity

€31,448 from €176,983 in 2021

Equity fell by 82% in 4 years.

Debts

€397,792 93% of the balance sheet
Financial debts 67%Suppliers 15%Taxes and wages 0%Other 18%

Of this, €129,763 falls due within a year.

Investments

€287,629 6.0 times depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

3 employees on 31-12-2025
552021012022122023432024432025

In 2025, 4 people joined and 3 left.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2022 accounts came in latest, 32 days after the end of the period.

Position in the sector

7.3%

Lower solvency than 83% of companies in construction of buildings. Sector median 36.1% · 2,653 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,325 companies had the same profile as MANZI CONSTRUCTION has now. Each dot stands for 4 companies, two years later.

95.2%
were still trading
3.2%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.2% 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 1,325 companies, not a prediction for MANZI CONSTRUCTION. 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

Manager
Manager
  • 25%deed of 03-10-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0846448229
Amendment of the articles · Legal-form change · Resignations & appointments Board composition: (director) · Board composition: (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
New manager appointed, resigned · Transfer of shares from to · Director discharge: (son poste) · General meeting of 17-09-2019 · Gazette deed
New manager appointed, resigned · Transfer of shares to · Director discharge: · General meeting of 10-01-2018 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
MANZI CONSTRUCTION Chapelle-lez-Herlaimont - - 7.3% -
LAMANT M. ET FILS Rumes - - 79.0% 4.2
CMA Habitat Frameries - - 39.4% -
ENTREPRISE ALEXIS SOMERS Namur - - 45.9% -
GPC CONSTRUCT Brussels €773,789 22.3% 79.9% 1
AVCI R & S CONSTRUCTION Virton - - 40.3% -
ALL-IN BRUXELLES Brussels €931,209 7.0% 48.8% 0

These companies have the same main activity as MANZI CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €359,000 and €533,000, founded between 2011 and 2013.

Official details

Source: KBO
Status
Active since 08-06-2012Normal situation
Activity
General construction of residential buildingsNACE 41001and 3 others
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.210.192.1147160 Chapelle-lez-Herlaimont, since 01-07-2012
Financial year end
31 December
Peppol
Reachable since 10-11-2025
Company details

Annual accounts 2025

≈ €580,000estimated
€429,240▲ 163%
Employeeson 31-12-2025
3▲ 50.0%
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Insights on MANZI CONSTRUCTION

MANZI CONSTRUCTION files the abbreviated format. That format states no turnover. The gross margin rose from €56,895 in 2012 to €251,375 in 2025.

The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.

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 MANZI CONSTRUCTION

What is the company number of MANZI CONSTRUCTION?
The company number of MANZI CONSTRUCTION is 0846.448.229. The VAT number is the same number with BE in front: BE 0846.448.229.
Where is MANZI CONSTRUCTION based?
The registered office is at Rue de l'Espinette 36, 7160 Chapelle-lez-Herlaimont.Company details
What does MANZI CONSTRUCTION do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of MANZI CONSTRUCTION?
MANZI CONSTRUCTION is a private limited company (BV).
When was MANZI CONSTRUCTION founded?
MANZI CONSTRUCTION was founded on 08-06-2012.
Is MANZI CONSTRUCTION still active?
Yes, MANZI CONSTRUCTION is an active enterprise in the KBO register.
How many employees does MANZI CONSTRUCTION have?
MANZI CONSTRUCTION had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MANZI CONSTRUCTION fall under?
In its 2025 annual accounts, MANZI CONSTRUCTION states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of MANZI CONSTRUCTION?
The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €251,375 and 56 comparable companies (NACE 41001). It probably lies between €460,000 and €920,000.
Is MANZI CONSTRUCTION profitable?
In financial year 2025, MANZI CONSTRUCTION made a profit of €27,699.
Where can I find the annual accounts of MANZI CONSTRUCTION?
MANZI CONSTRUCTION filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MANZI CONSTRUCTION due?
MANZI CONSTRUCTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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