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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
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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
Manatec Europe from Zele, company number BE0779771815, closed financial year 2025 with a result of € -86,167 after tax. For that financial year Manatec Europe recorded a gross margin of € -20,379 and equity of € -219,660. Compared with financial year 2024, the result moved from € -147,678 to € -86,167. 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 22, 2026.
€ -219,660
▼ € 86,167 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -86,167
▲ 42 % less loss than in 2024
Profit after tax over the fiscal year.
€ 48,724
▲ € 37,082 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -224,660.
People and assets in 2025
1
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 60,192
▼ 21% vs 2024
€ 60,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 622,747
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,791
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,559 | € 48,404 | € -73,325 | € -20,379 | ▲ € 52,946 |
| Profit after taxes | € 2,999 | € 6,186 | € -147,678 | € -86,167 | ▲ € 61,511 |
| Equity | € 7,999 | € 14,185 | € -133,493 | € -219,660 | ▼ € 86,167 |
| Total debts | € 714,858 | € 465,111 | € 600,574 | € 645,609 | ▲ 7% |
| Cash | € 15,159 | € 2,325 | € 11,642 | € 48,724 | ▲ € 37,082 |
| Retained profit | € 2,999 | € 9,185 | € -138,493 | € -224,660 | ▼ € 86,167 |
| Balance sheet total | € 722,857 | € 479,296 | € 467,081 | € 425,949 | ▼ 9% |
| Employees (FTE) | - | - | 1.5 | 1 | ▼ 0.5 |
Key figures of Manatec Europe, 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 Manatec Europe?
What happened at Manatec Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 86,167. Source: NBB ↗
- New establishment in Zele. KBO
- Start of the company according to the CBE. KBO
- Limited Manatec Electronics Private became a director. NBB
In short
From € 2,999 profit in 2022 to € 86,167 loss in 2025.
Paid € 5,231 in corporate taxes since 2022.
Best year ever: 2023, with € 6,186 profit.
A new publication or filing at Manatec Europe? 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
Behind Manatec Europe is Limited Manatec Electronics Private.
Directors
According to the 2025 annual accounts
Limited Manatec Electronics Private
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Warandestraat 1A
9240 Zele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0779.771.815
- VAT number
- BE 0779.771.815
- Registered office
- Warandestraat 1A, 9240 Zele
- Names & denominations
- Manatec Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2022
- Peppol
- Not registered
- Activities · NACE
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