Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Manége Cour au Bois from Braine-le-Château, company number BE0447710230, closed financial year 2025 with a result of € 602 after tax. For that financial year Manége Cour au Bois recorded a gross margin of € 45,202 and equity of € -118,134. Compared with financial year 2024, the result moved from € 2,577 to € 602. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ -118,134
▲ € 602 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 602
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 21,674
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -180,107.
People and assets in 2025
€ 10,719
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 135,490
▲ 15% vs 2024
€ 14,943 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 28,702
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,783
▲ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 96,124 | € 128,992 | € 55,109 | € 45,202 | ▼ 18% |
| Profit after taxes | € -17,874 | € -151 | € 2,577 | € 602 | ▼ 77% |
| Equity | € -121,161 | € -121,312 | € -118,736 | € -118,134 | ▲ € 602 |
| Total debts | € 452,729 | € 415,578 | € 398,664 | € 413,274 | ▲ 4% |
| Cash | € 29,249 | € 14,555 | € 14,384 | € 21,674 | ▲ 51% |
| Land & buildings | € 57,802 | € 57,189 | € 56,577 | € 55,967 | ▼ 1% |
| Retained profit | € -183,134 | € -183,286 | € -180,709 | € -180,107 | |
| Bank debt | € 146,384 | € 132,155 | € 117,691 | € 135,490 | ▲ 15% |
| Balance sheet total | € 331,568 | € 294,265 | € 279,929 | € 295,140 | ▲ 5% |
Key figures of Manége Cour au Bois, 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 Manége Cour au Bois?
What happened at Manége Cour au Bois in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 602 (▼ 77% vs 2024). filed late Source: NBB ↗
- New establishment in Braine-le-Château. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,874 loss in 2022 to € 602 profit in 2025.
Paid € 1,641 in corporate taxes since 2022.
Best year ever: 2024, with € 2,577 profit.
A new publication or filing at Manége Cour au Bois? We notify you, reason included.
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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
Management
The stake of MARNELL-CAB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Manége Cour au BoisBehind Manége Cour au Bois are Xavier Kreevels and Christelle Kremers. The shares are held by MARNELL-CAB (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Cour au Bois(W-B) 14
1440 Braine-le-Château
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.710.230
- VAT number
- BE 0447.710.230
- Registered office
- Rue Cour au Bois(W-B) 14, 1440 Braine-le-Château
- Names & denominations
- Manége Cour au Bois
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1992
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Exploitatie van sportaccommodaties
Exploitatie van overige sportinstallaties en -accomodaties
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met beperkte bediening