VAN DEN MANACKER
ActiveVAN DEN MANACKER has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112k and a net result of €-37k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 26% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▼-32
Solvency48▲+2
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.51 against 0.75 in 2023; short-term debt: 66.2% and cash: 1.6% of total assets), and 77.4% 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.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.6%
Return on assets
-7.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-37k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
58 d late
2022
31 d late
2021
122 d late
2020
88 d late
2019
111 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€112k▼ 24.8%
2023 · €149k
2018: €140k
2019: €124k
2020: €213k
2021: €144k
2022: €152k
2023: €149k
2018 → 2024
Total assets
€496k▼ 30.0%
2023 · €707k
2018: €558k
2019: €712k
2020: €816k
2021: €572k
2022: €647k
2023: €707k
2018 → 2024
Net result
€-37k▼ 1,022%
2023 · €-3k
2018: €78k
2019: €-16k
2020: €89k
2021: €-69k
2022: €8k
2023: €-3k
2018 → 2024
Working capital
€-159k▼ 40.6%
2023 · €-113k
2018: €-43k
2019: €-271k
2020: €-123k
2021: €-165k
2022: €-129k
2023: €-113k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€213k-€144k▼ 32.4%€152k▲ 5.7%€149k▼ 2.2%€112k▼ 24.8%
Operating result€105k-€-62k€12k€-10k€-35k▼ 239%
Net result€89k-€-69k€8k€-3k€-37k▼ 1,022%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35k in 2024 against €10k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €496k
Fixed assets
€327k▼ 11.9%
Current assets
€169k▼ 49.8%
Equity and liabilities €496k
Equity
€112k▼ 24.8%
Debt
€384k▼ 31.3%
The debt ratio falls from 79.0% to 77.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12k▼
2023 · €36k
Cash flow
€10k▼
2023 · €43k
Solvency
22.6%▲
2023 · 21.0%
Current ratio
0.51▼
2023 · 0.75
Quick ratio
0.51▼
2023 · 0.75
Debt / equity
3.43▼
2023 · 3.76
ROE
-32.9%▼
2023 · -2.2%
ROA
-7.4%▼
2023 · -0.5%
Interest coverage
3.20▼
2023 · 6.93
Debt
€384k▼
2023 · €559k
Debt ≤ 1 year
€328k▼
2023 · €450k
Debt > 1 year
€56k▼
2023 · €96k
Staff costs
€125k▼
2023 · €149k
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€707k€496k▼
Fixed assets21/28€371k€327k▼
Tangible fixed assets22/27€371k€327k▼
Plant, machinery and equipment23€314k€269k▼
Furniture and vehicles24€57k€58k▲
Current assets29/58€336k€169k▼
Amounts receivable within one year40/41€312k€161k▼
Trade receivables40€291k€76k▼
Other amounts receivable41€21k€85k▲
Cash at bank and in hand54/58€18k€8k▼
Deferred charges and accrued income490/1€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€707k€496k▼
Equity10/15€149k€112k▼
Contributions10/11€6k€6k=
Reserves13€142k€106k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€142k€106k▼
Amounts payable17/49€559k€384k▼
Amounts payable after more than one year17€96k€56k▼
Financial debts170/4€96k€56k▼
Amounts payable within one year42/48€450k€328k▼
Current portion of amounts payable after more than one year42€59k€61k▲
Trade debts44€282k€255k▼
Suppliers440/4€282k€255k▼
Taxes, remuneration and social security45€0€12k▲
Taxes450/3€0€2k▲
Remuneration and social security454/9€0€10k▲
Other amounts payable47/48€108k€0▼
Accrued charges and deferred income492/3€13k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€149k€125k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€47k▲
Other operating charges640/8€365€1k▲
Gross operating margin9900€185k€139k▼
Operating profit (loss)9901€-10k€-35k▼
Financial income75/76B€12k€1k▼
Recurring financial income75€4k€1k▼
Non-recurring financial income76B€8k€0▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-3k€-37k▼
Profit (loss) for the period9904€-3k€-37k▼
Profit (loss) for the period to be appropriated9905€-3k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-37k▼
Transfer from equity791/2€3k€37k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90872.62.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 56 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Equity above €150kEq €152k ▲5.7%
Equity rises from €144k to €152k.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €-69k ▼178%
Net result drops to €-69k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
31-12
Financial
Equity above €200kEq €213k ▲71.7%
Equity rises from €124k to €213k.
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 111 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
17-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 78 days late
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, Brasschaat · 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.
Kapelsesteenweg 2922930 BrasschaatGround area
2,400 m²
Building footprint
126 m²
Volume, LiDAR
727 m³
Parcel 11322E0001/00H003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van den Manacker
since 20152.243.459.550
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0001/00H003 | Flanders | 2,400 m² | 1 · 126 m² | 8.0 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
M.N.S.
BE 0502.758.720
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PRO BUILDING TECHNICS
BE 0778.300.185
Merelbeke-Melle · Eq €112k
GOOSSENS - SERRE
BE 0420.578.637
Geetbets · Eq €112k
MULTIGARDEN
BE 0444.891.290
Ottignies-Louvain-la-Neuve · Eq €111k
SOCIETE DE TRAVAUX ET DE FOURNITURES
BE 0443.261.987
Brugelette · Eq €111k
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 747 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2015
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
43120Site preparation
42211Civil engineering
42212Civil engineering
46839Wholesale trade
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.