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MnA

Active Public limited companyfounded 1999active for 27 yearsOvenhoek 25, 8800 RoeselareKBO/BCE: BE 0466.125.778

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 1999
peak €203,729 (2009)
€15,635▲ 6.5%
lowest -€570 (2021)
€13,592▲ 31.5%
peak €120,252 (2012)
€83,735▲ 0.1%
€129,913▲ 281%
Board5 names since 2011
2 directorsF2B BVBA and 1 other
Documentsfilings and deeds
27-05-202665 days before the deadline
2025micro format
Result from €10,337 to €13,592Registered office moved within Roeselare 24-09Debts from €34,098 to €129,913Cash from €94,233 to €179,313

Key points

from the 2025 annual accounts

Turnover

≈ €73,000 estimated

The micro format states no turnover.

Debts

€129,913 ▲ 281%
Suppliers
+93,842
Other debts
+3,220
The rest
-1,247

Debts rose by €95,815 in 2025.

Filings

26 annual accounts since 1999
AprilJune31 JulyOctober200020102020

The 2019 accounts came 14 days late. The other nine of the last ten were filed on time.

Checked score

93
Excellent
Financially stronger than 45% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

64-32equity 39.2% of total assets
68-20short-term debt 60.8% · cash 83.9%
77-3return on assets 6.4%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 1.64, cash €179,313
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €213,648
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 37% of them on solvency, 60% on liquidity, 42% on profitability and 41% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as MnA has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MnA itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 31,368 companies, not a prediction for MnA. 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

Credit of up to €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.64 (3.4 in 2024), above the usual 1.5. Short-term debt is 60.8% and cash 83.9% of total assets. However, 60.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.64, cash €179,313
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €213,648
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 days early
2024
69 days early
2023
75 days early
2022
66 days early
2021
62 days early
2020
87 days early
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 59 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

FB
Managing director
F
Managing director
F
Managing director, Gallant Frederic
MP
Managing director, Gallant Dominique
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0466125778
Registered office moved within Roeselare New registered office: Ovenhoek 25, 8800 Roeselare · Previous registered office: Clitonpark, Ter Reigerie 11/1, 8800 Roeselare · Permanent representatives: Dominick Gallant and Frederic Gallant · General meeting of 25-06-2025 · Gazette deed
2 directors appointed, 3 resignations, 2 reappointments Resignations: KRISTO VAN HOLSBEECK, M&A Projects and F2B · Permanent representatives: Kristo Van Holsbeeck, Gallant Dominique and Gallant Frederic · Appointments: M&A Projects (director) and F2B (director) · General meeting of 02-03-2023 · Gazette deed
Resignation: BVBA Kristo Van Holsbeeck (managing director) Permanent representative: Holsbeeck Kristo · General meeting of 31-10-2018 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
MnA Roeselare €213,648 €15,635 39.2% -
INVEST AT VALUE Roeselare €253,788 €15,633 98.1% -
FRANSSENS CONSULTING De Panne €183,926 €14,754 81.8% -
FLEURBAEY INVEST Knokke-Heist €214,091 €18,287 62.1% -
BOSCATO Avelgem €240,755 €14,797 21.6% -
LM CONSULT Waasmunster €207,411 €14,491 79.5% -
CENTRE FOR PERSONAL AND BUSINESS DEVELOPMENT Oosterzele €192,923 €15,375 92.1% -

These companies have the same main activity as MnA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €184,000 and €254,000, founded between 1996 and 2001.

Official details

Source: KBO
Status
Active since 28-05-1999Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.091.338.0148800 Roeselare, since 18-06-1999
Financial year end
31 December
Peppol
Reachable since 12-01-2026
Company details

Annual accounts 2025

€213,648▲ 81.4%
Filing
Filed on 27-05-2026, 65 days before the end of the filing period
Financials

Insights on MnA

MnA files the micro format. That format states no turnover. The gross margin fell from €88,786 in 2006 to €15,635 in 2025.

In March 2023, the Official Gazette published the appointment of F2B as managing director.

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 MnA

What is the company number of MnA?
The company number of MnA is 0466.125.778. The VAT number is the same number with BE in front: BE 0466.125.778.
Where is MnA based?
The registered office is at Ovenhoek 25, 8800 Roeselare.Company details
What does MnA do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of MnA?
MnA is a public limited company (NV).
When was MnA founded?
MnA was founded on 28-05-1999.
Is MnA still active?
Yes, MnA is an active enterprise in the KBO register.
What is the turnover of MnA?
The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €15,635 and 205 comparable companies (NACE 70200). It probably lies between €35,000 and €150,000. It is a rough estimate.Financials
Is MnA profitable?
In financial year 2025, MnA made a profit of €13,592.
Where can I find the annual accounts of MnA?
MnA filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MnA due?
MnA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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