What does MANAEST do?

MANAEST is filed with the CBE under the catch-all “Overige sportactiviteiten”. Also registered: commercial agency, farm. Private Limited, started on 13 March 2014, 1 establishment.

What is the address of MANAEST?

The registered office of MANAEST is located at Hassoumont 2, 4920 Aywaille.

Is MANAEST still active?

Yes. According to the CBE (30 October 2026) MANAEST is active, legal situation “Normale toestand”, started on 13 March 2014.

Is MANAEST registered on Peppol?

Yes, MANAEST is registered on the Peppol network with ID 0208:0547924690.

What is the enterprise number of MANAEST?

The enterprise number of MANAEST is BE0547924690.

When was MANAEST founded?

MANAEST was founded on 13 March 2014.

Who are the directors of MANAEST?

According to the 2025 annual accounts, the directors of MANAEST are: Natacha LEVY, MAISON PICARD.

Is MANAEST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 March 2014; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MANAEST make in 2025?

MANAEST posted a profit after taxes of € 1,967 in financial year 2025.

What is the revenue of MANAEST?

As a small company, MANAEST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 47,976.

How much does an employee at MANAEST earn?

The average wage cost per full-time employee at MANAEST was € 38,300 in 2025: staff costs of € 38,347 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MANAEST have?

According to the 2025 annual accounts, MANAEST has 1 full-time equivalents (FTE).

MANAEST (Private Limited) - Aywaille - BE0547924690

Dossier MANAEST, printed on 30 October 2026 from databakkes.be/en/0547924690/manaest. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MANAEST from Aywaille, company number BE0547924690, closed financial year 2025 with a result of € 1,967 after tax. For that financial year MANAEST recorded a gross margin of € 47,976 and equity of € -159,180. Compared with financial year 2024, the result moved from € -31,238 to € 1,967. Profitable, and profit is growing. 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 June 17, 2026.

What it is worth Caution

€ -159,180

▲ € 1,967 vs 2024

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

Profit Growing

€ 1,967

▲ still € 31,238 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,055

▲ € 16,321 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -177,780.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 38,347

▼ 1% vs 2024

€ 38,300 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6,091

▲ 80% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 16,917

▲ 249% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 23,849 Gross margin 2022: € 23,849 First fiscal year in the series	€ 23,468 Gross margin 2023: € 23,468 ▼ 2% vs 2022 (€ 23,849) Unfavourable step	€ 13,504 Gross margin 2024: € 13,504 ▼ 42% vs 2023 (€ 23,468) Unfavourable step	€ 47,976 Gross margin 2025: € 47,976 ▲ 255% vs 2024 (€ 13,504) Favourable step	▲ 255%
Profit after taxes	€ -14,136 Profit after taxes 2022: € -14,136 First fiscal year in the series	€ -8,719 Profit after taxes 2023: € -8,719 ▲ € 5,418 vs 2022 (€ -14,136) Favourable step	€ -31,238 Profit after taxes 2024: € -31,238 ▼ € 22,520 vs 2023 (€ -8,719) Unfavourable step	€ 1,967 Profit after taxes 2025: € 1,967 ▲ € 33,206 vs 2024 (€ -31,238) Favourable step	▲ € 33,206
Equity	€ -121,190 Equity 2022: € -121,190 First fiscal year in the series	€ -129,908 Equity 2023: € -129,908 ▼ € 8,719 vs 2022 (€ -121,190) Unfavourable step	€ -161,147 Equity 2024: € -161,147 ▼ € 31,238 vs 2023 (€ -129,908) Unfavourable step	€ -159,180 Equity 2025: € -159,180 ▲ € 1,967 vs 2024 (€ -161,147) Favourable step	▲ € 1,967
Total debts	€ 161,364 Total debts 2022: € 161,364 First fiscal year in the series	€ 169,038 Total debts 2023: € 169,038 ▲ 5% vs 2022 (€ 161,364) Unfavourable step	€ 197,859 Total debts 2024: € 197,859 ▲ 17% vs 2023 (€ 169,038) Unfavourable step	€ 223,329 Total debts 2025: € 223,329 ▲ 13% vs 2024 (€ 197,859) Unfavourable step	▲ 13%
Cash	€ 4,339 Cash 2022: € 4,339 First fiscal year in the series	€ 1,031 Cash 2023: € 1,031 ▼ 76% vs 2022 (€ 4,339) Unfavourable step	€ 735 Cash 2024: € 735 ▼ 29% vs 2023 (€ 1,031) Unfavourable step	€ 17,055 Cash 2025: € 17,055 ▲ € 16,321 vs 2024 (€ 735) Favourable step	▲ € 16,321
Retained profit	€ -139,790 Retained profit 2022: € -139,790 First fiscal year in the series	€ -148,508 Retained profit 2023: € -148,508 ▼ € 8,719 vs 2022 (€ -139,790) Unfavourable step	€ -179,747 Retained profit 2024: € -179,747 ▼ € 31,238 vs 2023 (€ -148,508) Unfavourable step	€ -177,780 Retained profit 2025: € -177,780 ▲ € 1,967 vs 2024 (€ -179,747) Favourable step	▲ € 1,967
Balance sheet total	€ 40,174 Balance sheet total 2022: € 40,174 First fiscal year in the series	€ 39,129 Balance sheet total 2023: € 39,129 ▼ 3% vs 2022 (€ 40,174) Unchanged	€ 36,712 Balance sheet total 2024: € 36,712 ▼ 6% vs 2023 (€ 39,129) Unchanged	€ 64,150 Balance sheet total 2025: € 64,150 ▲ 75% vs 2024 (€ 36,712) Unchanged	▲ 75%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of MANAEST, 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 MANAEST?

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

Jun 17, 2026 New annual accounts for financial year 2025: profit of € 1,967. Source: NBB ↗
2024 Natacha LEVY became a director. NBB
2021 MAISON PICARD became a director. NBB
Mar 13, 2014 New establishment in Aywaille. KBO
Mar 13, 2014 Start of the company according to the CBE. KBO

In short

From € 14,136 loss in 2022 to € 1,967 profit in 2025.

Best year ever: 2025, with € 1,967 profit.

On average € 48,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Maison Picard 100%

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

MANAEST

Behind MANAEST are Natacha LEVY and MAISON PICARD. The shares are held by Maison Picard (100%).

Directors

According to the 2025 annual accounts

Natacha LEVY

Director

Also active at: Maison Picard

since 2024

MAISON PICARD

Director · represented by Philippe LEVY

since 2021

Shareholders

Maison Picard

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Hassoumont 2

4920 Aywaille

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

Details

Company number

0547.924.690

VAT number

BE 0547.924.690

Registered office

Hassoumont 2, 4920 Aywaille

Names & denominations

MANAEST

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 March 2014

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Overige sportactiviteiten, neg

Fokken en houden van paarden en andere paardachtigen

Handelsbemiddeling in de groothandel in andere specifieke goederen

Ondersteunende activiteiten in verband met de veeteelt

View on CBE Public ↗ Annual accounts (NBB) ↗

MANAEST

Warning lights

Financials

What happened to MANAEST?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions