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.
Financials
Financial year 2025
ManAd from Leopoldsburg, company number BE0502704775, closed financial year 2025 with a result of € -40,439 after tax. For that financial year ManAd recorded a gross margin of € -33,350 and equity of € 60,418. Compared with financial year 2024, the result moved from € -38,652 to € -40,439. 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 August 26, 2026.
€ 60,418
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,439
▼ 5 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,007
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 48,018.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 284
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,047
▲ 255% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 600
▲ 72% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -31,540 | € -32,133 | € -34,215 | € -33,350 | ▲ € 865 |
| Profit after taxes | € -53,145 | € -38,439 | € -38,652 | € -40,439 | ▼ € 1,787 |
| Equity | € 239,808 | € 139,509 | € 100,857 | € 60,418 | ▼ 40% |
| Total debts | € 79,960 | € 68,533 | € 4,922 | € 7,807 | ▲ 59% |
| Cash | € 206,116 | € 137,796 | € 68,629 | € 13,007 | ▼ 81% |
| Retained profit | € 227,408 | € 127,109 | € 88,457 | € 48,018 | ▼ 46% |
| Dividend | € 75,518 | € 61,860 | € 0 | € 0 | |
| Balance sheet total | € 319,769 | € 208,042 | € 105,778 | € 68,224 | ▼ 36% |
Key figures of ManAd, 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 ManAd?
What happened at ManAd in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,439. filed late Source: NBB ↗
- New establishment in Leopoldsburg. KBO
- Brecht Smits became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 53,145 loss in 2022 to € 40,439 loss in 2025.
Paid € 2,272 in corporate taxes since 2022.
Paid out € 137,378 in dividends to the owners in total.
Management
Behind ManAd is Brecht Smits.
Directors
According to the 2025 annual accounts
Brecht Smits
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Fernand Van Baelstraat 13
3970 Leopoldsburg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0502.704.775
- VAT number
- BE 0502.704.775
- Registered office
- Fernand Van Baelstraat 13, 3970 Leopoldsburg
- Names & denominations
- ManAd
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 2013
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- sintferdinand.be
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