Pauline Manos Development
ActivePauline Manos Development has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €187k and a net result of €65k. Equity is growing by ~30.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 2281 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 11.33; short-term debt: 8.8% and cash: 87.6% of total assets), and 8.8% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
91.2%
Return on assets
31.7%
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 07-07-2025, 24 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
7 d early
2022
5 d early
2021
34 d early
2020
24 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€187k▲ 53.3%
2023 · €122k
2018: €34k
2019: €49k
2020: €51k
2021: €69k
2022: €80k
2023: €122k
2018 → 2024
Total assets
€205k▲ 67.4%
2023 · €122k
2018: €40k
2019: €56k
2020: €64k
2021: €90k
2022: €96k
2023: €122k
2018 → 2024
Net result
€65k▲ 55.6%
2023 · €42k
2018: €-8k
2019: €15k
2020: €3k
2021: €17k
2022: €12k
2023: €42k
2018 → 2024
Working capital
€186k▲ 54.8%
2023 · €120k
2018: €34k
2019: €49k
2020: €51k
2021: €68k
2022: €80k
2023: €120k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€51k-€69k▲ 33.1%€80k▲ 17.0%€122k▲ 52.1%€187k▲ 53.3%
Operating result€4k-€26k▲ 522%€18k▼ 30.7%€62k▲ 244%€97k▲ 55.0%
Net result€3k-€17k▲ 494%€12k▼ 31.7%€42k▲ 259%€65k▲ 55.6%
Turnover and EBIT margin not published: the micro 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 55% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €205k
Fixed assets
€1k▼ 36.6%
Current assets
€204k▲ 69.2%
Equity and liabilities €205k
Equity
€187k▲ 53.3%
Debt
€18k▲ 3,801%
The debt ratio rises from 0.4% to 8.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€97k▲
2023 · €63k
Cash flow
€66k▲
2023 · €42k
Solvency
91.2%▼
2023 · 99.6%
Current ratio
11.33
Quick ratio
11.33
Debt / equity
0.10▲
2023 · 0.00
ROE
34.8%▲
2023 · 34.2%
ROA
31.7%▼
2023 · 34.1%
Interest coverage
197.38▲
2023 · 126.40
Debt
€18k▲
2023 · €460
Debt ≤ 1 year
€18k▲
2023 · €460
Income taxes
€31k▲
2023 · €20k
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€122k€205k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€120k€204k▲
Amounts receivable within one year40/41€24k€24k▼
Trade receivables40€21k€22k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€96k€179k▲
Equity and liabilities
Total equity and liabilities10/49€122k€205k▲
Equity10/15€122k€187k▲
Contributions10/11€6k€6k=
Reserves13€110k€175k▲
Distributable reserves133€110k€175k▲
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€460€18k▲
Amounts payable within one year42/48€460€18k▲
Trade debts44€39€35▼
Suppliers440/4€39€35▼
Taxes, remuneration and social security45€172€11k▲
Taxes450/3€172€11k▲
Other amounts payable47/48€249€7k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€387€743▲
Other operating charges640/8€161€165▲
Gross operating margin9900€63k€98k▲
Operating profit (loss)9901€62k€97k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€497€494▼
Recurring financial charges65€497€494▼
Profit (loss) for the period before taxes9903€62k€96k▲
Income taxes67/77€20k€31k▲
Profit (loss) for the period9904€42k€65k▲
Profit (loss) for the period to be appropriated9905€42k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€70k▲
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer to equity691/2€42k€65k▲
To other reserves6921€42k€65k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €65k ▲55.6%
Operating result €97k, net result €65k, both a record.
31-12
Financial
Equity above €150kEq €187k ▲53.3%
6 profitable years in a row build equity to €187k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 44current ratio 261.30
Current ratio from 5.93 to 261.30; short-term debt falls from €16k to €460.
31-12
Financial
Equity above €100kEq €122k ▲52.1%
5 profitable years in a row build equity to €122k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Pieters-Woluwe · 1 establishment unit since 2015
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.
Lippizanergaarde 51150 Sint-Pieters-WoluweGround area
580 m²
Building footprint
103 m²
Volume, LiDAR
786 m³
Parcel 21683D0358/00M059, Brussels · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lippizanergaarde 5, 1150 Sint-Pieters-Woluwe
since 20152.247.274.620
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0358/00M059 | Brussels | 579 m² | 1 · 103 m² | 10.5 m · 3 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.
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Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,199 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2015
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.