Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 8.6 to 7.6.
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Figures corrected NBB
Corrected annual account filed for 2022, 2024.
Financials
Financial year 2025
Manitou Interface and Logistics Europe from Perwez, company number BE0837032497, closed financial year 2025 with a result of € 184,731 after tax. For that financial year Manitou Interface and Logistics Europe recorded revenue of € 34.4 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 56,002 to € 184,731. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 5.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 184,731
▲ 230% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.1 million.
People and assets in 2025
7.6
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 802,662
▲ 1% vs 2024
€ 105,600 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.
€ 10,308
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 71% vs 2024
Loans from banks and other lenders, long and short.
€ 14.6 million
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 161 days on average.
€ 193,148
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 35,627,952 | € 43,497,910 | € 30,711,303 | € 34,356,881 | ▲ 12% |
| Profit after taxes | € 370,820 | € 399,496 | € 56,002 | € 184,731 | ▲ 230% |
| Equity | € 4,452,934 | € 4,852,430 | € 4,908,432 | € 5,093,163 | ▲ 4% |
| Total debts | € 16,472,581 | € 19,109,207 | € 16,519,836 | € 17,497,428 | ▲ 6% |
| Land & buildings | - | € 1,505 | € 1,427 | € 1,350 | ▼ 5% |
| Retained profit | € 2,452,934 | € 2,852,430 | € 2,908,432 | € 3,093,163 | ▲ 6% |
| Bank debt | € 635,792 | € 7,322,990 | € 7,777,099 | € 2,229,721 | ▼ 71% |
| Balance sheet total | € 20,929,515 | € 23,985,638 | € 21,436,268 | € 22,597,591 | ▲ 5% |
| Employees (FTE) | 7.9 | 8.6 | 8.1 | 7.6 | ▼ 0.5 |
Key figures of Manitou Interface and Logistics 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 Manitou Interface and Logistics Europe?
What happened at Manitou Interface and Logistics Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BERNARD DELVIGNE stepped down as director. NBB
- TONY GUILMIN stepped down as director. NBB
- JEAN-MARC DAHAN stepped down as director. NBB
- CAMELIA SOLOMON stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 184,731 (▲ 230% vs 2024). Source: NBB ↗
- FANCH-RONAN PENCREACH stepped down as director. NBB
- BERNARD DELVIGNE became a director. NBB
- TONY GUILMIN became a director. NBB
In short
From € 370,820 profit in 2022 to € 184,731 profit in 2025.
Paid € 381,164 in corporate taxes since 2022.
Best year ever: 2023, with € 399,496 profit.
Pays suppliers within 161 days on average.
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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 shares are held by MANITOU BF (99.8%) and Manitou Benelux SA (0.3%). It owns 0.1% of MANITOU BENELUX itself.
Directors
According to the 2025 annual accounts
FANCH-RONAN PENCREACH
Director
since 2025 · until 2025
since 2025 · until 2029
TONY GUILMIN
Director
since 2025 · until 2029
JEAN-MARC DAHAN
Chairman of the board
since 2025 · until 2029
CAMELIA SOLOMON
Director
since 2025 · until 2029
Shareholders
MANITOU BF
99.8%
0.3%
Participations
0.1%
Establishments
Establishment units
Physical locations of this company
Rue des Andains 2
1360 Perwez
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0837.032.497
- VAT number
- BE 0837.032.497
- Registered office
- Rue des Andains 2, 1360 Perwez
- Names & denominations
- Manitou Interface and Logistics Europe · MILE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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