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 4 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 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
86 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
Mannaert Vastgoed from Brasschaat, company number BE0780755572, closed financial year 2025 with a result of € -619,944 after tax. For that financial year Mannaert Vastgoed recorded a gross margin of € -606,417 and equity of € -935,231. Compared with financial year 2024, the result moved from € -124,131 to € -619,944. 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 July 2, 2026.
€ -935,231
▼ € 619,944 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -619,944
▼ 399 % more loss than in 2024
Profit after tax over the fiscal year.
€ 64,372
▲ € 64,235 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -936,231.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 3,778
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 548,297
▼ 76% vs 2024
€ 20,795 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 14,853
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 195
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -55,095 | € -52,399 | € -42,689 | € -606,417 | ▼ € 563,729 |
| Profit after taxes | € -82,493 | € -109,663 | € -124,131 | € -619,944 | ▼ € 495,813 |
| Equity | € -81,493 | € -191,156 | € -315,287 | € -935,231 | ▼ € 619,944 |
| Total debts | € 2,150,272 | € 2,544,031 | € 4,145,323 | € 1,915,876 | ▼ 54% |
| Cash | € 9,795 | € 0 | € 138 | € 64,372 | ▲ € 64,235 |
| Retained profit | € -82,493 | € -192,156 | € -316,287 | € -936,231 | ▼ € 619,944 |
| Bank debt | € 1,327,000 | € 1,406,787 | € 2,286,000 | € 548,297 | ▼ 76% |
| Balance sheet total | € 2,068,779 | € 2,352,875 | € 3,830,036 | € 980,645 | ▼ 74% |
| Employees (FTE) | 0.4 | 0.2 | - | 0 |
Key figures of Mannaert Vastgoed, 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 Mannaert Vastgoed?
What happened at Mannaert Vastgoed in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 619,944. Source: NBB ↗
- New establishment in Brasschaat. KBO
- Theodoor Mannaert became a director. NBB
- Ellen Milop became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 82,493 loss in 2022 to € 619,944 loss in 2025.
Paid € 604 in corporate taxes since 2022.
Management
Behind Mannaert Vastgoed are Theodoor Mannaert and Ellen Milop.
Directors
According to the 2025 annual accounts
Theodoor Mannaert
Director
since 2022
Ellen Milop
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Kapelsesteenweg 292
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
All companies at this address →TRITON
€ -11,704 gross margin · 2025
MINKETEERS
€ 1,763 gross margin · 2025
BRUG - BEHEER
€ -37,499 gross margin · 2025
CADEM
€ 249,080 gross margin · 2025
Vandomij
€ -3,343 gross margin · 2025
+81 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
- 0780.755.572
- VAT number
- BE 0780.755.572
- Registered office
- Kapelsesteenweg 292, 2930 Brasschaat
- Names & denominations
- Mannaert Vastgoed
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2022
- Peppol
- Not registered
- Contact
- [email protected]