Financials
Financial year 2024
MANILA BAY from Antwerpen, company number BE0631715765, closed financial year 2024 with a result of € -16,586 after tax. For that financial year MANILA BAY recorded a gross margin of € 90,243 and equity of € 387,740. Compared with financial year 2023, the result moved from € 59,567 to € -16,586. 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 October 27, 2025.
€ 387,740
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,586
▼ still € 59,567 profit in 2023
Profit after tax over the fiscal year.
€ 27,833
▲ 245% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 377,540.
People and assets in 2024
€ 96,377
▲ 37% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 88,859
▲ € 79,084 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 173,930
▲ 27% vs 2023
€ 8,930 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 26,717
▲ € 22,975 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 47,507
▲ 15% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 107,371 | € 73,817 | € 145,752 | € 90,243 | ▼ 38% |
| Profit after taxes | € 52,596 | € 39,413 | € 59,567 | € -16,586 | ▼ € 76,153 |
| Equity | € 305,346 | € 344,759 | € 404,326 | € 387,740 | ▼ 4% |
| Total debts | € 76,658 | € 196,746 | € 183,585 | € 250,650 | ▲ 37% |
| Cash | € 51,829 | € 130,528 | € 8,058 | € 27,833 | ▲ 245% |
| Retained profit | € 295,146 | € 334,559 | € 394,126 | € 377,540 | ▼ 4% |
| Bank debt | € 19,217 | € 118,485 | € 136,930 | € 173,930 | ▲ 27% |
| Balance sheet total | € 382,003 | € 541,505 | € 587,912 | € 638,390 | ▲ 9% |
Key figures of MANILA BAY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MANILA BAY?
What happened at MANILA BAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 16,586 (▼ € 76,153 vs 2023). filed late Source: NBB ↗
- Ijaz Butt became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,596 profit in 2021 to € 16,586 loss in 2024.
Paid € 20,498 in corporate taxes since 2021.
Best year ever: 2023, with € 59,567 profit.
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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
Directors
According to the 2024 annual accounts
Ijaz Butt
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Gemeentestraat 13
2060 Antwerpen
Anneessensstraat 15-19
2018 Antwerpen
Active since 15 May 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0631.715.765
- VAT number
- BE 0631.715.765
- Registered office
- Gemeentestraat 13, 2060 Antwerpen
- Names & denominations
- MANILA BAY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2015
- Peppol
- Active · Active since 24 Feb 2026
- Activities · NACE
Cafés en bars