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.
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Busy address KBO
113 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MANSTEVAL from Brussel, company number BE0644840162, closed financial year 2025 with a result of € -366 after tax. For that financial year MANSTEVAL recorded a gross margin of € 37,578 and equity of € 228,616. Compared with financial year 2024, the result moved from € -49,774 to € -366. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 228,616
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -366
▲ 99 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,678
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 210,016.
People and assets in 2025
€ 1,886
▼ 94% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,446
▲ 102% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 314,681
▼ 5% vs 2024
€ 29,675 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 139,764
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 854,397 | € 688,303 | € 456,109 | - | |
| Gross margin | € 84,791 | € 113,583 | € 13,969 | € 37,578 | ▲ 169% |
| Profit after taxes | € 6,804 | € 33,745 | € -49,774 | € -366 | ▲ € 49,408 |
| Equity | € 245,012 | € 278,757 | € 228,983 | € 228,616 | |
| Total debts | € 276,947 | € 486,986 | € 465,496 | € 454,445 | ▼ 2% |
| Cash | € 48,752 | € 14,932 | € 4,865 | € 1,678 | ▼ 66% |
| Land & buildings | - | € 256,128 | € 246,768 | € 237,408 | ▼ 4% |
| Retained profit | € 226,412 | € 260,157 | € 210,383 | € 210,016 | |
| Bank debt | € 48,549 | € 353,318 | € 332,822 | € 314,681 | ▼ 5% |
| Balance sheet total | € 521,959 | € 765,743 | € 694,479 | € 683,061 | ▼ 2% |
| Employees (FTE) | - | - | 0.6 | - |
Key figures of MANSTEVAL, 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 MANSTEVAL?
What happened at MANSTEVAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 366. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,804 profit in 2022 to € 366 loss in 2025.
Paid € 23,830 in corporate taxes since 2022.
Best year ever: 2023, with € 33,745 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 2025 annual accounts
LOUIS TERNULLO
Director
Establishments
Establishment units
Physical locations of this company
Congresstraat 35
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 113 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0644.840.162
- VAT number
- BE 0644.840.162
- Registered office
- Congresstraat 35, 1000 Brussel
- Names & denominations
- MANSTEVAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2015
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Installatie van isolatie
Sanitaire werkzaamheden