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 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MANAG'INATION from Mons, company number BE0735420049, closed financial year 2025 with a result of € -14,404 after tax. For that financial year MANAG'INATION recorded a gross margin of € 20,611 and equity of € -10,748. Compared with financial year 2024, the result moved from € 1,657 to € -14,404. The company made a loss. 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 9, 2026.
€ -10,748
▼ € 14,404 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,404
▼ still € 1,657 profit in 2024
Profit after tax over the fiscal year.
€ 58,775
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,748.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 58,406
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,004
▼ 39% vs 2024
€ 12,741 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 155
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 337
▼ 99% 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 | € 64,735 | € 66,140 | € 50,568 | € 20,611 | ▼ 59% |
| Profit after taxes | € 36,453 | € 46,345 | € 1,657 | € -14,404 | ▼ € 16,061 |
| Equity | € 81,814 | € 128,158 | € 3,657 | € -10,748 | ▼ € 14,404 |
| Total debts | € 62,722 | € 82,304 | € 188,089 | € 132,721 | ▼ 29% |
| Cash | € 33,870 | € 33,139 | € 56,026 | € 58,775 | ▲ 5% |
| Retained profit | € 79,814 | € 126,158 | € 1,657 | € -12,748 | ▼ € 14,404 |
| Dividend | € 10,000 | € 0 | € 126,158 | € 0 | ▼ 100% |
| Bank debt | € 25,103 | € 52,645 | € 42,307 | € 26,004 | ▼ 39% |
| Balance sheet total | € 144,536 | € 210,462 | € 191,745 | € 121,973 | ▼ 36% |
Key figures of MANAG'INATION, 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 MANAG'INATION?
What happened at MANAG'INATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,404 (▼ € 16,061 vs 2024). Source: NBB ↗
- New establishment in Mons. KBO
- Fabrice Godart became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 36,453 profit in 2022 to € 14,404 loss in 2025.
Paid € 24,734 in corporate taxes since 2022.
Best year ever: 2023, with € 46,345 profit.
Paid out € 136,158 in dividends to the owners in total.
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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 MANAG'INATION is Fabrice Godart. Fabrice Godart is also behind eClinica.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Allée des Aubépines 9
7030 Mons
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0735.420.049
- VAT number
- BE 0735.420.049
- Registered office
- Allée des Aubépines 9, 7030 Mons
- Names & denominations
- MANAG'INATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2019
- Peppol
- Active · Active since 1 Dec 2025
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