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.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MANCHA from Edegem, company number BE0666945472, closed financial year 2025 with a result of € 39,608 after tax. For that financial year MANCHA recorded a gross margin of € 70,203 and equity of € -12,895. Compared with financial year 2024, the result moved from € 31,987 to € 39,608. 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 July 20, 2026.
€ -12,895
▲ € 39,608 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,608
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 16,686
▲ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -31,445.
People and assets in 2025
€ 950
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 271,602
▼ 16% vs 2024
€ 53,411 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 192
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 977
▲ 148% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,843 | € 35,840 | € 63,347 | € 70,203 | ▲ 11% |
| Profit after taxes | € 31,871 | € -8,788 | € 31,987 | € 39,608 | ▲ 24% |
| Equity | € -81,852 | € -84,491 | € -52,503 | € -12,895 | ▲ € 39,608 |
| Total debts | € 224,358 | € 379,081 | € 331,623 | € 277,840 | ▼ 16% |
| Cash | € 125,762 | € 16,611 | € 11,662 | € 16,686 | ▲ 43% |
| Land & buildings | € 9,637 | € 235,076 | € 219,426 | € 203,775 | ▼ 7% |
| Retained profit | € -94,252 | € -103,041 | € -71,053 | € -31,445 | ▲ € 39,608 |
| Bank debt | € 218,605 | € 375,102 | € 323,897 | € 271,602 | ▼ 16% |
| Balance sheet total | € 142,505 | € 294,591 | € 279,120 | € 264,945 | ▼ 5% |
Key figures of MANCHA, 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 MANCHA?
What happened at MANCHA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,608 (▲ 24% vs 2024). Source: NBB ↗
- New establishment in Edegem. KBO
- Ghislaine Verbeke became a director. NBB
- Johan Vingerhoets became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,871 profit in 2022 to € 39,608 profit in 2025.
Best year ever: 2025, with € 39,608 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
Behind MANCHA are Ghislaine Verbeke and Johan Vingerhoets. The same people are also behind TIMPRO, VINVEST, VINMAR, Apotheek Vingerhoets and CHANOIR.
Directors
According to the 2025 annual accounts
Ghislaine Verbeke
Bestuurder
Also active at: TIMPRO, VINVEST, VINMAR, Apotheek Vingerhoets, CHANOIR, Apotheek Vriesdonk, Apotheek De Vijzel, APOTHEEK DE MORTIER
since 2016
Johan Vingerhoets
Bestuurder
Also active at: TIMPRO, VINVEST, VINMAR, Apotheek Vingerhoets, CHANOIR, Apotheek Vriesdonk, Apotheek De Vijzel, APOTHEEK DE MORTIER
since 2016
Establishments
Establishment units
Physical locations of this company
Lode de Boningestraat 12
2650 Edegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Website info
Features
Details
- Company number
- 0666.945.472
- VAT number
- BE 0666.945.472
- Registered office
- Lode de Boningestraat 12, 2650 Edegem
- Names & denominations
- MANCHA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2016
- Peppol
- Active · Active since 9 Sept 2025
- Contact
- lucdemey.be
- Activities · NACE
Detailhandel in farmaceutische producten
Activiteiten van holdings
Holdings