ACTIVE

Manuchar

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-9,5 M €-836,1 %over 1 year
Revenue570,5 M €+9,3 %over 1 year
Equity182,7 M €-5,0 %over 1 year
Workforce206,7 ETP-0,3 %over 1 year

Identity

Source · BCE/KBO

Manuchar is a Public limited company incorporated in 1970. Its main activity is: Agents involved in the sale of fuels, ores, metals and industrial chemicals. Its registered office is in Antwerpen. It employs on average 206,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.045.751
Incorporation
25/02/1970
Legal form
Public limited company
Registered office
Rietschoorvelden 20
2170 Antwerpen · FlandreSee on map
Contributed capital
1 004 021,84 €
Latest accounts
31/12/2025
Average workforce
206,7 ETP
Joint committees (1)
  • 226
Signals
Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 39 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue570,5 M €521,7 M €507,8 M €1,1 Md €767,7 M €
EBITDA-4,5 M €638,1 k €6,3 M €48,8 M €13 M €
Operating result-10,7 M €-3,8 M €4,9 M €46,1 M €11,8 M €
Net result-9,5 M €-1 M €77,2 M €101,4 M €14,1 M €
Balance sheet
Equity182,7 M €192,2 M €175,3 M €122,3 M €20,9 M €
Total assets479,3 M €454,6 M €343,7 M €506,8 M €322,6 M €
Cash10,6 M €1,2 M €19,8 M €988 k €2,6 M €
Debts286,6 M €258 M €163,2 M €373,5 M €294,2 M €
Other
Workforce206,7 ETP207,4 ETP259,6 ETP262,0 ETP224,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 51 ended

Active mandates

Guto

Director · since 01 avril 2025 · until 01 avril 2031 · 0785.349.117

Represented by Sofie Beernaert

Active
Hucar

Director · since 01 avril 2025 · until 01 avril 2031 · 1018.371.524

Represented by Laurent Pasqualini

Active
MATTHIAS DE RAEYMAEKER

Director · since 01 avril 2025 · until 01 avril 2031 · 0822.840.805

Represented by Matthias De Raeymaeker

Active

Ended mandates

Guto

Director · since 01 avril 2025 · until 01 avril 2031 · 0785.349.117

Represented by Sofie Beernaert

Ended
Anthony Maas

Director · since 13 avril 2023 · until 20 avril 2028

Ended
Dragonfly Invest

Director · since 30 juin 2022 · until 20 avril 2028 · 0787.276.348

Represented by Anthony Maas

Ended
MATTHIAS DE RAEYMAEKER

Director · since 30 juin 2022 · until 20 avril 2028 · 0822.840.805

Represented by Matthias De Raeymaeker

Ended

Other companies at this address

Rietschoorvelden 20 2170 Antwerpen
CompanyCBE no.
Chemical Distribution BE Pillar 2 Group● Active
1014.116.489
Corvida investments● Active
0787.276.150
Dragonfly Invest● Active
0787.276.348
Flamengo investments● Active
0787.267.638
International Trade Services Group● Active
1019.628.663
LDI INTERNATIONAL● Active
0472.156.309
LSF XI Magpie Finco● Active
0785.953.881
Manuchar Europe● Active
0793.709.923
MANUCHAR GROUP● Active
0777.879.622
Manuchar International Trade Services● Active
0799.443.514
Manuchar Pulp & Paper● Active
0799.443.316
MANUCHAR STEEL● Active
0865.797.353
PPLS Invest● Active
0787.267.737
UNIT ONE● Active
0449.634.887

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202631/07/202523/05/202422/05/202329/03/202212/05/2021
General meeting30/06/202629/07/202518/04/202420/04/202303/03/202222/04/2021
Currency of the financial yearUSDUSDEUREUREURUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202607/07/2026DutchPDF
Full model31/12/202429/07/202531/07/2025DutchPDF
Full model31/12/202318/04/202423/05/2024DutchPDF
Full model31/12/202220/04/202322/05/2023DutchPDF
Consolidated accounts31/12/202220/04/202313/06/2023DutchPDF
Full model31/12/202103/03/202229/03/2022DutchPDF
Consolidated accounts31/12/202101/01/999929/03/2022DutchPDF
Full model31/12/202015/04/202128/04/2021DutchPDF
Consolidated accounts31/12/202022/04/202112/05/2021DutchPDF
Full model31/12/201916/04/202013/05/2020DutchPDF
Consolidated accounts31/12/201916/04/202014/05/2020DutchPDF
Full model31/12/201818/04/201923/05/2019DutchPDF
Consolidated accounts31/12/201818/04/201923/05/2019DutchPDF
Full model31/12/201716/04/201815/05/2018DutchPDF
Consolidated accounts31/12/201716/04/201814/05/2018DutchPDF
Full model31/12/201606/06/201721/06/2017DutchPDF
Consolidated accounts31/12/201606/06/201722/06/2017DutchPDF
Full model31/12/201506/06/201606/06/2016DutchPDF
Consolidated accounts31/12/201506/06/201606/06/2016DutchPDF
Full model31/12/201411/06/201516/06/2015DutchPDF
Consolidated accounts31/12/201411/06/201528/07/2015DutchPDF
Full model31/12/201319/05/201427/05/2014DutchPDF
Consolidated accounts31/12/201319/05/201417/06/2014DutchPDF
Full model31/12/201221/03/201314/06/2013DutchPDF
Consolidated accounts31/12/201221/03/201317/06/2013DutchPDF
Full modelCorrection31/12/201115/03/201208/06/2012DutchPDF
Full model31/12/201115/03/201230/03/2012DutchPDF
Consolidated accountsCorrection31/12/201115/03/201208/06/2012DutchPDF
Consolidated accounts31/12/201115/03/201230/03/2012DutchPDF
Full model31/12/201017/03/201130/03/2011DutchPDF
Consolidated accounts31/12/201017/03/201130/03/2011DutchPDF
Full model31/12/200908/04/201023/04/2010DutchPDF
Consolidated accounts31/12/200918/03/201023/04/2010DutchPDF
Full model31/12/200819/03/200929/04/2009DutchPDF
Consolidated accountsCorrection31/12/200819/03/200908/06/2009DutchPDF
Consolidated accounts31/12/200819/03/200929/04/2009DutchPDF
Full model31/12/200708/05/200828/05/2008DutchPDF
Consolidated accounts31/12/200708/05/200829/05/2008DutchPDF
Full model31/12/200610/05/200701/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 51 ended

Active mandates

Guto

Director · since 01 avril 2025 · until 01 avril 2031 · 0785.349.117

Represented by Sofie Beernaert

Active
Hucar

Director · since 01 avril 2025 · until 01 avril 2031 · 1018.371.524

Represented by Laurent Pasqualini

Active
MATTHIAS DE RAEYMAEKER

Director · since 01 avril 2025 · until 01 avril 2031 · 0822.840.805

Represented by Matthias De Raeymaeker

Active

Ended mandates

Guto

Director · since 01 avril 2025 · until 01 avril 2031 · 0785.349.117

Represented by Sofie Beernaert

Ended
Anthony Maas

Director · since 13 avril 2023 · until 20 avril 2028

Ended
Dragonfly Invest

Director · since 30 juin 2022 · until 20 avril 2028 · 0787.276.348

Represented by Anthony Maas

Ended
MATTHIAS DE RAEYMAEKER

Director · since 30 juin 2022 · until 20 avril 2028 · 0822.840.805

Represented by Matthias De Raeymaeker

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring10/09/2025
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 17/02/2026
    nominationBLACKBUCK BV — lid van het Management Board
  2. 17/02/2026
    nominationStephan Van Den Eynde — lid van het Management Board
  3. 2025
    Annual accounts 2025-9,5 M €↓
  4. 27/10/2025
    nominationOlivera Vujnovié — lid van het Management Board
  5. 11/07/2025
    nominationPNO HR CONSULTING BV — lid van het Management Board
  6. 01/04/2025
    nominationMATTHIAS DE RAEYMAEKER — gewone bestuurder
  7. 01/04/2025
    nominationHUCAR — gewone bestuurder
  8. 01/04/2025
    nominationGUTO — gewone bestuurder
  9. 14/03/2025
    nominationHUCAR BV — Management Board
  10. 14/03/2025
    nominationM.D.R BV — Management Board
  11. 14/03/2025
    nominationGET2BLUE BV — Management Board
  12. 14/03/2025
    nominationGUTO CommV — Management Board
  13. 14/03/2025
    nominationStefan Van Loock — Management Board
  14. 14/03/2025
    nominationSTE MANAGEMENT CommV — Management Board
  15. 14/03/2025
    nominationAndré Schommer — Management Board
  16. 14/03/2025
    nominationNEXUM BV — Management Board
  17. 14/03/2025
    nominationINTEGRITY LEGAL & COMPLIANCE SERVICES SRL — Management Board
  18. 14/03/2025
    autre
  19. 2024
    Annual accounts 2024-1 M €↓
  20. 13/08/2024
    nominationInge de Winne — lid executief comité
  21. 13/08/2024
    nominationAndré Schommer — lid executief comité
  22. 01/04/2024
    apport
  23. 2023
    Annual accounts 202377,2 M €↓
  24. 01/10/2023
    nominationRodrigo Cunha — lid van het executief comité
  25. 31/05/2023
    split
  26. 31/05/2023
    reduction_capital
  27. 15/05/2023
    demissionBart Troubleyn — lid van het executief comité
  28. 15/05/2023
    demissionMatthias De Raeymaeker — lid van het executief comité
  29. 15/05/2023
    nominationMatthias De Raeymaeker BV — lid van het executief comité
  30. 15/05/2023
    nominationSabri Tektas — lid van het executief comité
  31. 15/05/2023
    nominationStephan Van den Eynde — lid van het executief comité
  32. 13/04/2023
    nominationAnthony Maas — bestuurder
  33. 2022
    Annual accounts 2022101,4 M €↑
  34. 30/06/2022
    nominationM.D.R. BV — bestuurder
  35. 30/06/2022
    nominationPhilippe Huybrechs — bestuurder
  36. 30/06/2022
    nominationDragonfly Invest BV — bestuurder
  37. 28/04/2022
    nominationPatrick Putman — lid van het executief comité
  38. 2021
    Annual accounts 202114,1 M €↑
  39. 2020
    Annual accounts 20202,3 M €↑
  40. 2019
    Annual accounts 2019-697,9 k €↑
  41. 2018
    Annual accounts 2018-7,5 M €↑
  42. 2017
    Annual accounts 2017-11,1 M €↓
  43. 2016
    Annual accounts 2016-474,4 k €↓
  44. 2015
    Annual accounts 20153,1 M €↑
  45. 2014
    Annual accounts 2014-3,1 M €↓
  46. 2013
    Annual accounts 201314 M €↑
  47. 2012
    Annual accounts 20122,3 M €↓
  48. 2011
    Annual accounts 20115,3 M €↓
  49. 2010
    Annual accounts 20106,7 M €↑
  50. 2009
    Annual accounts 20095,8 M €↓
  51. 2008
    Annual accounts 20086,7 M €↑
  52. 2007
    Annual accounts 20071,4 M €
  53. 25/02/1970
    IncorporationPublic limited company