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 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAN SERVICES from Namur, company number BE0792152478, closed financial year 2025 with a result of € 2,650 after tax. For that financial year MAN SERVICES recorded a gross margin of € 515,252 and equity of € -66,961. Compared with financial year 2024, the result moved from € 12,368 to € 2,650. The company is profitable. 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 4, 2026.
€ -66,961
▲ € 2,650 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,650
▼ 79% vs 2024
Profit after tax over the fiscal year.
€ 58,483
▲ 111% 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 € -71,961.
People and assets in 2025
€ 449,811
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,947
▲ € 15,730 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 139,183
▲ 267% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,106
▼ 46% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 434,846 | € 462,784 | € 515,252 | ▲ 11% |
| Profit after taxes | € -86,979 | € 12,368 | € 2,650 | ▼ 79% |
| Equity | € -81,979 | € -69,611 | € -66,961 | ▲ € 2,650 |
| Total debts | € 172,119 | € 200,833 | € 227,446 | ▲ 13% |
| Cash | € 19,056 | € 27,743 | € 58,483 | ▲ 111% |
| Retained profit | € -86,979 | € -74,611 | € -71,961 | ▲ € 2,650 |
| Balance sheet total | € 90,140 | € 131,221 | € 160,485 | ▲ 22% |
Key figures of MAN SERVICES, fiscal years 2023 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 MAN SERVICES?
What happened at MAN SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,650 (▼ 79% vs 2024). Source: NBB ↗
- New establishment in Namur. KBO
- Melchior MANIRAKIZA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 86,979 loss in 2023 to € 2,650 profit in 2025.
Best year ever: 2024, with € 12,368 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 MAN SERVICES is Melchior MANIRAKIZA.
Directors
According to the 2025 annual accounts
Melchior MANIRAKIZA
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue de l'Herbage(JB) 6
5100 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.152.478
- VAT number
- BE 0792.152.478
- Registered office
- Rue de l'Herbage(JB) 6, 5100 Namur
- Names & denominations
- MAN SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2022
- Peppol
- Active · Active since 30 Oct 2025
- Activities · NACE
Goederenvervoer over de weg
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Logistieke diensten
Opslag
Overige posterijen en koeriers
Postdiensten in het kader van de universele dienstverplichting
Overige vervoerondersteunende activiteiten