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 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
69 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MANGELEX from Etterbeek, company number BE0747707474, closed financial year 2025 with a result of € -15,010 after tax. For that financial year MANGELEX recorded a gross margin of € -2,912 and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 2.6 million to € -15,010. 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 July 27, 2026.
€ 4.6 million
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,010
▼ still € 2.6 million profit in 2024
Profit after tax over the fiscal year.
€ 978
▲ 110% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 0.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 193
▼ 94% 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 | |
|---|---|---|---|---|---|
| Gross margin | € -2,938 | € -3,262 | € -2,852 | € -2,912 | ▼ € 59 |
| Profit after taxes | € -3,806 | € 1,166,924 | € 2,598,562 | € -15,010 | ▼ € 2.6 million |
| Equity | € 3,901,751 | € 5,068,675 | € 7,667,236 | € 4,591,347 | ▼ 40% |
| Total debts | € 1,910 | € 2,135 | € 3,021 | € 3,061,073 | ▲ € 3.1 million |
| Cash | € 28,912 | € 65,732 | € 467 | € 978 | ▲ 110% |
| Retained profit | € -689,596 | € 477,328 | € 3,075,889 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 0 | € 3,060,880 | |
| Balance sheet total | € 3,903,661 | € 5,070,810 | € 7,670,257 | € 7,652,420 |
Key figures of MANGELEX, 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 MANGELEX?
What happened at MANGELEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,010 (▼ € 2.6 million vs 2024). Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,806 loss in 2022 to € 15,010 loss in 2025.
Best year ever: 2024, with € 2.6 million profit.
Paid out € 3.1 million in dividends to the owners in total.
A new publication or filing at MANGELEX? We notify you, reason included.
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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
The stake of MANGENIE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MANGELEXBehind MANGELEX are Frédéric de BREM and Stéphane OBADIA. The shares are held by MANGENIE (33.4%).
Directors
According to the 2025 annual accounts
Frédéric de BREM
Director
Stéphane OBADIA
Director
Shareholders
33.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 125
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.
All companies at this address →Compagnie Financiére, Immobiliére et Commerciale
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€ 224,022 gross margin · 2024
PARIFRI
€ -60,778 gross margin · 2025
FAIR INVEST
€ 41,933 gross margin · 2025
IMMO WATER WEYDE
€ 852,453 gross margin · 2025
+64 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0747.707.474
- VAT number
- BE 0747.707.474
- Registered office
- Sint-Michielslaan 125, 1040 Etterbeek
- Names & denominations
- MANGELEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2020
- Peppol
- Not registered