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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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Manuchar Europe from Antwerpen, company number BE0793709923, closed financial year 2025 with a result of € -286,298 after tax. For that financial year Manuchar Europe recorded revenue of € 45.6 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 1 million to € -286,298. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 3.4 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -286,298
▼ still € 1 million profit in 2024
Profit after tax over the fiscal year.
€ 539,277
▲ € 438,740 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 718,033.
People and assets in 2025
19.2
▲ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 43% vs 2024
€ 102,300 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.
€ 2,409
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 143,000
▼ 87% vs 2024
Loans from banks and other lenders, long and short.
€ 4.7 million
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.
€ 140,007
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | - | € 42,605,808 | € 45,557,003 | ▲ 7% |
| Profit after taxes | € -1,245 | € 1,005,576 | € -286,298 | ▼ € 1.3 million |
| Equity | € 60,255 | € 3,657,763 | € 3,371,465 | ▼ 8% |
| Total debts | € 1,585 | € 9,064,448 | € 10,147,436 | ▲ 12% |
| Cash | € 61,840 | € 100,537 | € 539,277 | ▲ € 438,740 |
| Retained profit | € -1,245 | € 1,004,331 | € 718,033 | ▼ 29% |
| Bank debt | € 0 | € 1,098,764 | € 143,000 | ▼ 87% |
| Balance sheet total | € 61,840 | € 12,722,211 | € 13,518,901 | ▲ 6% |
| Employees (FTE) | - | 15.4 | 19.2 | ▲ 3.8 |
Key figures of Manuchar Europe, 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 Manuchar Europe?
What happened at Manuchar Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jan Oorts stepped down as director. NBB
- Ben De Voecht stepped down as director. NBB
- M.D.R. BV stepped down as director. NBB
- Barry Collard stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 286,298 (▼ € 1.3 million vs 2024). Source: NBB ↗
- Jan Oorts became a director. NBB
- Ben De Voecht became a director. NBB
- M.D.R. BV became a director. NBB
In short
From € 1,245 loss in 2023 to € 286,298 loss in 2025.
Paid € 390,152 in corporate taxes since 2023.
Best year ever: 2024, with € 1 million profit.
Pays suppliers within 40 days on average.
A new publication or filing at Manuchar 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
The stake of Manuchar comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Manuchar EuropeThe shares are held by Manuchar (100%). It owns 50% of Manuchar Poland Sp Zoo itself.
Directors
According to the 2025 annual accounts
Ben De Voecht
Director
since 2023 · until 2029
Director · represented by Matthias De Raeymaeker
Also active at: Manuchar, UNIT ONE, LDI INTERNATIONAL, ACTIVIOR, MANUCHAR GROUP, Manuchar Wood, Manuchar Pulp & Paper, Manuchar International Trade Services +1 more
since 2023 · until 2029
Jan Oorts
Director
since 2026 · until 2032
since 2022 · until 2028
Shareholders
100%
Participations
Manuchar Poland Sp Zoo
50%
Establishments
Establishment units
Physical locations of this company
Rietschoorvelden 20
2170 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Manuchar same network
€ 570.5 million revenue · 2025
UNIT ONE same network
€ 90,316 gross margin · 2025
LDI INTERNATIONAL same network
€ 3.1 million gross margin · 2025
MANUCHAR GROUP same network
LSF XI Magpie Finco
€ 9,875 gross margin · 2025
+9 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
- 0793.709.923
- VAT number
- BE 0793.709.923
- Registered office
- Rietschoorvelden 20, 2170 Antwerpen
- Names & denominations
- Manuchar Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 2022
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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