What does Manuchar do?

Manuchar is a commercial agency in Antwerpen. Public Limited, started on 25 February 1970, 1 establishment.

What is the address of Manuchar?

The registered office of Manuchar is located at Rietschoorvelden 20, 2170 Antwerpen.

Is Manuchar still active?

Yes. According to the CBE (29 September 2026) Manuchar is active, legal situation “Normale toestand”, started on 25 February 1970.

Is Manuchar registered on Peppol?

Yes, Manuchar is registered on the Peppol network with ID 0208:0407045751.

What is the enterprise number of Manuchar?

The enterprise number of Manuchar is BE0407045751.

When was Manuchar founded?

Manuchar was founded on 25 February 1970.

Who are the directors of Manuchar?

According to the 2025 annual accounts, the directors of Manuchar are: Hucar BV, Guto Comm.V, M.D.R. BV.

Is Manuchar a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 February 1970; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Manuchar make in 2025?

Manuchar recorded a loss after taxes of € 9,549,061 in financial year 2025.

What is the revenue of Manuchar?

In its most recent annual accounts (2025), Manuchar reported revenue of € 570,488,830.

How much does an employee at Manuchar earn?

The average wage cost per full-time employee at Manuchar was € 119,400 in 2025: staff costs of € 24.7 million for 206.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Manuchar have?

According to the 2025 annual accounts, Manuchar has 206.7 full-time equivalents (FTE).

Manuchar (Public Limited) - Antwerpen - BE0407045751

Dossier Manuchar, printed on 29 September 2026 from databakkes.be/en/0407045751/manuchar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Shrinking team NBB

FTE fell two years in a row, from 259.6 to 206.7.
Busy address KBO

14 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Manuchar from Antwerpen, company number BE0407045751, closed financial year 2025 with a result of € -9.5 million after tax. For that financial year Manuchar recorded revenue of € 570.5 million and equity of € 182.7 million. Compared with financial year 2024, the result moved from € -1 million to € -9.5 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Healthy

€ 182.7 million

▼ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -9.5 million

▼ 836 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10.6 million

▲ € 9.4 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 181.7 million.

People and assets in 2025

Full-time equivalents

206.7

▼ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 30.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 24.7 million

▲ 23% vs 2024

€ 119,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 647,519

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 182.4 million

▲ 48% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 99.3 million

▼ 20% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.

Taxes and wages

€ 2.5 million

▲ 27% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,114,631,926 Revenue 2022: € 1,114,631,926 First fiscal year in the series	€ 507,755,676 Revenue 2023: € 507,755,676 ▼ 54% vs 2022 (€ 1,114,631,926) Unfavourable step	€ 521,743,735 Revenue 2024: € 521,743,735 ▲ 3% vs 2023 (€ 507,755,676) Favourable step	€ 570,488,830 Revenue 2025: € 570,488,830 ▲ 9% vs 2024 (€ 521,743,735) Favourable step	▲ 9%
Profit after taxes	€ 101,419,284 Profit after taxes 2022: € 101,419,284 First fiscal year in the series	€ 77,234,749 Profit after taxes 2023: € 77,234,749 ▼ 24% vs 2022 (€ 101,419,284) Unfavourable step	€ -1,020,050 Profit after taxes 2024: € -1,020,050 ▼ € 78.3 million vs 2023 (€ 77,234,749) Unfavourable step	€ -9,549,061 Profit after taxes 2025: € -9,549,061 ▼ € 8.5 million vs 2024 (€ -1,020,050) Unfavourable step	▼ € 8.5 million
Equity	€ 122,337,754 Equity 2022: € 122,337,754 First fiscal year in the series	€ 175,308,541 Equity 2023: € 175,308,541 ▲ 43% vs 2022 (€ 122,337,754) Favourable step	€ 192,221,747 Equity 2024: € 192,221,747 ▲ 10% vs 2023 (€ 175,308,541) Favourable step	€ 182,672,686 Equity 2025: € 182,672,686 ▼ 5% vs 2024 (€ 192,221,747) Unfavourable step	▼ 5%
Total debts	€ 384,512,188 Total debts 2022: € 384,512,188 First fiscal year in the series	€ 168,388,740 Total debts 2023: € 168,388,740 ▼ 56% vs 2022 (€ 384,512,188) Favourable step	€ 262,414,358 Total debts 2024: € 262,414,358 ▲ 56% vs 2023 (€ 168,388,740) Unfavourable step	€ 296,604,838 Total debts 2025: € 296,604,838 ▲ 13% vs 2024 (€ 262,414,358) Unfavourable step	▲ 13%
Cash	€ 987,962 Cash 2022: € 987,962 First fiscal year in the series	€ 19,811,557 Cash 2023: € 19,811,557 ▲ € 18.8 million vs 2022 (€ 987,962) Favourable step	€ 1,245,164 Cash 2024: € 1,245,164 ▼ 94% vs 2023 (€ 19,811,557) Unfavourable step	€ 10,637,337 Cash 2025: € 10,637,337 ▲ € 9.4 million vs 2024 (€ 1,245,164) Favourable step	▲ € 9.4 million
Land & buildings	€ 435,511 Land & buildings 2022: € 435,511 First fiscal year in the series	€ 412,903 Land & buildings 2023: € 412,903 ▼ 5% vs 2022 (€ 435,511) Unchanged	€ 590,488 Land & buildings 2024: € 590,488 ▲ 43% vs 2023 (€ 412,903) Unchanged	€ 774,606 Land & buildings 2025: € 774,606 ▲ 31% vs 2024 (€ 590,488) Unchanged	▲ 31%
Retained profit	€ 121,228,194 Retained profit 2022: € 121,228,194 First fiscal year in the series	€ 174,501,593 Retained profit 2023: € 174,501,593 ▲ 44% vs 2022 (€ 121,228,194) Favourable step	€ 191,217,726 Retained profit 2024: € 191,217,726 ▲ 10% vs 2023 (€ 174,501,593) Favourable step	€ 181,668,664 Retained profit 2025: € 181,668,664 ▼ 5% vs 2024 (€ 191,217,726) Unfavourable step	▼ 5%
Bank debt	€ 287,089,640 Bank debt 2022: € 287,089,640 First fiscal year in the series	€ 84,631,510 Bank debt 2023: € 84,631,510 ▼ 71% vs 2022 (€ 287,089,640) Favourable step	€ 123,018,117 Bank debt 2024: € 123,018,117 ▲ 45% vs 2023 (€ 84,631,510) Unfavourable step	€ 182,384,835 Bank debt 2025: € 182,384,835 ▲ 48% vs 2024 (€ 123,018,117) Unfavourable step	▲ 48%
Balance sheet total	€ 506,849,942 Balance sheet total 2022: € 506,849,942 First fiscal year in the series	€ 343,697,281 Balance sheet total 2023: € 343,697,281 ▼ 32% vs 2022 (€ 506,849,942) Unchanged	€ 454,636,106 Balance sheet total 2024: € 454,636,106 ▲ 32% vs 2023 (€ 343,697,281) Unchanged	€ 479,277,524 Balance sheet total 2025: € 479,277,524 ▲ 5% vs 2024 (€ 454,636,106) Unchanged	▲ 5%
Employees (FTE)	262 Employees (FTE) 2022: 262 First fiscal year in the series	259.6 Employees (FTE) 2023: 259.6 ▼ 2.4 vs 2022 (262) Unchanged	207.4 Employees (FTE) 2024: 207.4 ▼ 52.2 vs 2023 (259.6) Unchanged	206.7 Employees (FTE) 2025: 206.7 ▼ 0.7 vs 2024 (207.4) Unchanged	▼ 0.7

Key figures of Manuchar, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Manuchar?

What happened at Manuchar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Hucar BV stepped down as director. NBB
2031 Guto Comm.V stepped down as director. NBB
2031 M.D.R. BV stepped down as director. NBB
Jul 7, 2026 New annual accounts for financial year 2025: loss of € 9.5 million. Source: NBB ↗
2025 Hucar BV became a director. NBB
2025 Guto Comm.V became a director. NBB
2025 M.D.R. BV became a director. NBB
Oct 15, 1985 New establishment in Antwerpen. KBO

In short

From € 101.4 million profit in 2022 to € 9.5 million loss in 2025.

Paid € 1 million in corporate taxes since 2022.

Best year ever: 2022, with € 101.4 million profit.

Pays suppliers within 64 days on average.

Original PDFs at the National Bank ↗

A new publication or filing at Manuchar? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

MANUCHAR GROUP 100%

The stake of MANUCHAR GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Manuchar

Manuchar International SA de CV 100%

Manuchar Andina 100%

Manuchar Trading House 100%

Manuchar Malaysia SDN. BHD. 100%

+41

The shares are held by MANUCHAR GROUP (100%). It owns 100% of Manuchar International SA de CV, 100% of Manuchar Andina, 100% of Manuchar Trading House, 100% of Manuchar Malaysia SDN. BHD., 100% of Manuchar Pakistan and 100% of Manuchar Comércio Exterior Ltda itself.

See the full network in the app

Directors

According to the 2025 annual accounts

Hucar BV

Director · represented by Laurent Pasqualini

Also active at: MANUCHAR GROUP, Manuchar Pulp & Paper, Manuchar International Trade Services

since 2025 · until 2031

Guto Comm.V

Director · represented by Sofie Beernaert

Also active at: MANUCHAR GROUP, Manuchar Pulp & Paper, Manuchar International Trade Services

since 2025 · until 2031

M.D.R. BV

Director · represented by Matthias De Raeymaeker

Also active at: UNIT ONE, LDI INTERNATIONAL, ACTIVIOR, MANUCHAR GROUP, Manuchar Europe, Manuchar Wood, Manuchar Pulp & Paper, Manuchar International Trade Services +1 more

since 2025 · until 2031

Shareholders

MANUCHAR GROUP

100%

Participations

Manuchar International SA de CV

100%

Manuchar Andina

100%

Manuchar Trading House

100%

Manuchar Malaysia SDN. BHD.

100%

Manuchar Pakistan

100%

Manuchar Comércio Exterior Ltda

100%

Manuchar Thailand LTD

100%

Manuchar Europe

100%

Manuchar Hellas

100%

LDI International

100%

Manuchar Hong Kong LTD

100%

Manuchar Kimya Sanayi (Turkey)

100%

Manuchar South-Africa

100%

Manuchar Romania

100%

Crystal Ball South Africa

100%

Manuchar Namibia

100%

Manuchar Peru (Cusa)

100%

Unit One

100%

Manuchar Cote d'Ivoire

100%

Manuchar Argentina Sociedad Anonima

100%

Manuchar India

100%

Manuchar Bangladesh

99.9%

Manuchar Paraguay

99%

Manuchar Philippines Inc

89.8%

Manuchar Dominicana SA

83.3%

Manuchar Honduras Sa de Cv

80%

Manuchar Guatemala

80%

Manuchar Canada

80%

Manuchar Kenya

80%

Manuchar El Salvador

80%

Manuchar Colombia cia Ltda

75%

Manuchar Venezuela

75%

Manuchar Chemical Trading

70%

Proquiel Manuchar SpA

70%

Manuchar Indonesia

52.7%

Quimica Industrial Montalvo SA

51%

Manuchar Ecuador (Mapriplastec)

50%

Manuchar Logistics Bolivia

50%

Kanoo Manuchar Saudi Arabia

50%

Manuchar Algerie

49%

Manuchar Chemical & Steel Trading

49%

Disachim Sa

25%

Manuchar Logistica Peru

6.4%

Manuchar Logistica do Brasil Ltda

Manuchar Trinidad

Establishments

Establishment units

Physical locations of this company

Registered office

Rietschoorvelden 20

2170 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.

All companies at this address →

UNIT ONE same network

€ 90,316 gross margin · 2025

LDI INTERNATIONAL same network

€ 3.1 million gross margin · 2025

MANUCHAR GROUP same network

LSF XI Magpie Finco

€ 9,875 gross margin · 2025

Flamengo investments

€ -5,481 gross margin · 2024

+9 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0407.045.751

VAT number

BE 0407.045.751

Registered office

Rietschoorvelden 20, 2170 Antwerpen

Names & denominations

Manuchar

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

25 February 1970

Peppol

Active · Active since 30 Dec 2025

Activities · NACE

Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten

Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten

Groothandel in chemische producten voor industrieel gebruik

View on CBE Public ↗ Annual accounts (NBB) ↗

Manuchar

Warning lights

Financials

What happened to Manuchar?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions