Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MANOA from De Haan, company number BE0646746906, closed financial year 2026 with a result of € 11,689 after tax. For that financial year MANOA recorded a gross margin of € 839,741 and equity of € 209,531. Compared with financial year 2025, the result moved from € 14,461 to € 11,689. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ 209,531
▲ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,689
▼ 19% vs 2025
Profit after tax over the fiscal year.
€ 16,258
▼ 56% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 190,931.
People and assets in 2026
17.3
▲ 4.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 618,674
▲ 3% vs 2025
€ 35,800 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.
€ 6,122
▼ 48% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 871,157
▼ 9% vs 2025
€ 125,715 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 66,845
▼ 28% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 23,022
▲ 11% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 437,221 | € 695,807 | € 821,849 | € 839,741 | ▲ 2% |
| Profit after taxes | € 2,847 | € 4,442 | € 14,461 | € 11,689 | ▼ 19% |
| Equity | € 178,939 | € 183,381 | € 197,842 | € 209,531 | ▲ 6% |
| Total debts | € 1,229,889 | € 1,144,705 | € 1,103,193 | € 986,382 | ▼ 11% |
| Cash | € 43,610 | € 19,446 | € 37,163 | € 16,258 | ▼ 56% |
| Land & buildings | € 740,131 | € 726,380 | € 702,600 | € 680,175 | ▼ 3% |
| Retained profit | € 160,339 | € 164,781 | € 179,242 | € 190,931 | ▲ 7% |
| Bank debt | € 1,081,949 | € 1,026,289 | € 961,256 | € 871,157 | ▼ 9% |
| Balance sheet total | € 1,408,829 | € 1,328,086 | € 1,301,035 | € 1,195,913 | ▼ 8% |
| Employees (FTE) | - | - | 12.4 | 17.3 | ▲ 4.9 |
Key figures of MANOA, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MANOA?
What happened at MANOA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 11,689 (▼ 19% vs 2025). Source: NBB ↗
- THOMAS MANAGEMENT TEAM BV stepped down as director. NBB
- BLACK SHEEP INVEST COMM. V. became a director. NBB
- New establishment in De Haan. KBO
- CAMERIERI COMM. V. became a director. NBB
- THOMAS MANAGEMENT TEAM BV became a director. NBB
- New establishment in De Haan. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,847 profit in 2023 to € 11,689 profit in 2026.
Paid € 13,599 in corporate taxes since 2023.
Best year ever: 2025, with € 14,461 profit.
On average € 48,500 of value added per employee in 2026.
Management
The stake of THOMAS MANAGEMENT TEAM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MANOABehind MANOA are CAMERIERI COMM. V. and BLACK SHEEP INVEST COMM. V.. The shares are held by THOMAS MANAGEMENT TEAM (50%).
Directors
According to the 2026 annual accounts
Director · represented by Schaessens Steven
since 2020
Director · represented by Denolf Gilles
since 2024
Director · represented by Thomas Van Winkel
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zeedijk-De Haan 2
8420 De Haan
Koninklijke Baan 15
8420 De Haan
Active since 10 November 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0646.746.906
- VAT number
- BE 0646.746.906
- Registered office
- Zeedijk-De Haan 2, 8420 De Haan
- Names & denominations
- MANOA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2016
- Peppol
- Active · Active since 28 May 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Landschapsverzorging
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Prepress- en premediadiensten
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Activiteiten van reclamebureaus
Overige eetgelegenheden
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