ACTIVE

MANFILCONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

-13,6 k €

-303.0% YoY

Gross margin

-18,4 k €

-340.3% YoY

Equity

339,0 k €

-3.9% YoY

What does MANFILCONSTRUCT do?

MANFILCONSTRUCT is a Private limited company incorporated in 1992. Its main activity is: Construction of buildings. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.853.759

Incorporation

09/03/1992

Legal form

Private limited company

Registered office

Avenue Sart Paradis(WP) 17
5100 Namur · WallonieSee on map

Contributed capital

34 734,37 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-18,4 k €	-340%	7,6 k €	-44.9%	13,9 k €	-3.1%	14,3 k €	-95.4%	312,0 k €	+933%	30,2 k €	+58.2%	19,1 k €	-35.1%	29,4 k €	+1252%	-2,6 k €	+48.7%	-5,0 k €	-309%	2,4 k €	+130%	-7,9 k €	+59.8%	-19,7 k €	-130%	66,2 k €	+170%	24,5 k €	+4.3%	23,5 k €	-25.2%	31,4 k €	-12.7%	36,0 k €	+7.9%	33,4 k €	-1.8%	34,0 k €
EBITDA	-19,2 k €	-381%	6,8 k €	-46.1%	12,7 k €	-4.4%	13,3 k €	-95.8%	312,1 k €	+967%	29,3 k €	+60.5%	18,2 k €	-36.1%	28,5 k €	+949%	-3,4 k €	+41.7%	-5,8 k €	-463%	1,6 k €	-94.8%	30,7 k €	+251%	-20,4 k €	-131%	65,3 k €	+184%	23,0 k €	-1.7%	23,4 k €	-16.4%	28,0 k €	-3.4%	29,0 k €	+11.1%	26,1 k €	-7.9%	28,3 k €
Operating result	-26,8 k €	-803%	3,8 k €	-55.9%	8,6 k €	-34.7%	13,2 k €	-95.8%	312,1 k €	+1008%	28,2 k €	+60.0%	17,6 k €	-21.1%	22,3 k €	+333%	-9,6 k €	+26.9%	-13,1 k €	-183%	-4,6 k €	-119%	24,5 k €	+192%	-26,6 k €	-145%	58,8 k €	+277%	15,6 k €	+10.6%	14,1 k €	+4.5%	13,5 k €	-6.3%	14,4 k €	+27.7%	11,3 k €	-18.3%	13,8 k €
Net result	-13,6 k €	-303%	6,7 k €	+20.7%	5,6 k €	-36.7%	8,8 k €	-96.2%	230,5 k €	+968%	21,6 k €	+36.2%	15,8 k €	-28.4%	22,1 k €	+327%	-9,7 k €	+25.8%	-13,1 k €	-393%	-2,7 k €	-129%	9,1 k €	+141%	-21,9 k €	-137%	59,1 k €	+172%	-82,5 k €	-999%	9,2 k €	+24.2%	7,4 k €	-2.9%	7,6 k €	+28.9%	5,9 k €	-5.0%	6,2 k €
Balance sheet
Equity	339,0 k €	-3.9%	352,6 k €	+1.9%	345,9 k €	+1.6%	340,4 k €	+2.7%	331,6 k €	+228%	101,1 k €	+27.2%	79,5 k €	+24.9%	63,6 k €	+50.3%	42,3 k €	-18.7%	52,1 k €	-47.2%	98,7 k €	-2.6%	101,3 k €	-1.2%	102,6 k €	-17.6%	124,5 k €	+76.9%	70,4 k €	-54.0%	152,9 k €	+6.4%	143,7 k €	+5.4%	136,3 k €	-9.0%	149,8 k €	+7.9%	138,9 k €
Total assets	536,7 k €	+9.7%	489,3 k €	+2.4%	478,0 k €	-0.6%	480,7 k €	+2.4%	469,6 k €	+328%	109,8 k €	+34.2%	81,8 k €	+22.7%	66,7 k €	+43.5%	46,5 k €	-55.1%	103,5 k €	-28.2%	144,2 k €	-15.7%	171,0 k €	-18.7%	210,2 k €	-14.7%	246,4 k €	+51.5%	162,6 k €	-45.9%	300,4 k €	+0.9%	297,7 k €	-0.8%	300,2 k €	-1.0%	303,1 k €	+10.5%	274,5 k €
Cash	80,5 k €	-23.7%	105,4 k €	-1.1%	106,6 k €	-74.1%	411,8 k €	-3.9%	428,6 k €	+559%	65,1 k €	+43.5%	45,3 k €	+72.3%	26,3 k €	+596%	3,8 k €	-92.7%	51,5 k €	-40.4%	86,4 k €	-21.0%	109,4 k €	-6.0%	116,4 k €	+15.6%	100,7 k €	+564%	15,2 k €	-62.0%	39,9 k €	+146%	16,2 k €	+29.9%	12,5 k €	-31.8%	18,3 k €	+129%	8,0 k €
Debts	14,7 k €	-48.0%	28,4 k €	+19.0%	23,8 k €	-35.8%	37,1 k €	+6.7%	34,8 k €	+299%	8,7 k €	+273%	2,3 k €	-23.3%	3,0 k €	-26.4%	4,1 k €	-92.0%	51,4 k €	+151%	20,5 k €	+340%	4,7 k €	+43.6%	3,2 k €	-81.5%	17,5 k €	+122%	7,9 k €	-90.4%	81,8 k €	+3.3%	79,2 k €	-10.9%	88,9 k €	-12.1%	101,1 k €	-6.3%	107,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

PHILIPPE MANESSE

Manager · since 10 juin 2009 · until 12 juin 2013

Active

Ended mandates

PHILIPPE MANESSE

Managing director · since 10 juin 2009 · until 12 juin 2013

Ended

ROSARIA GAONE

Director · since 10 juin 2009 · until 12 juin 2013

Ended

Philippe MANESSE

Managing director · since 13 juin 2007 · until 12 juin 2013

Ended

Rosaria GAONE

Director · since 13 juin 2007 · until 12 juin 2013

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2026	26/08/2025	28/08/2024	28/08/2023	29/08/2022	27/08/2021
General meeting	30/07/2026	30/07/2025	19/08/2024	18/08/2023	18/08/2022	23/08/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/07/2026	26/08/2026	French	PDF
Micro model	31/12/2024	30/07/2025	26/08/2025	French	PDF
Micro model	31/12/2023	19/08/2024	28/08/2024	French	PDF
Micro model	31/12/2022	18/08/2023	28/08/2023	French	PDF
Micro model	31/12/2021	18/08/2022	29/08/2022	French	PDF
Micro model	31/12/2020	23/08/2021	27/08/2021	French	PDF
Micro model	31/12/2019	08/09/2020	28/10/2020	French	PDF
Micro model	31/12/2018	12/08/2019	29/08/2019	French	PDF
Micro model	31/12/2017	10/08/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	11/08/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	12/08/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	12/08/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	11/08/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	13/08/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	13/06/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	09/08/2011	28/08/2011	French	PDF
Abridged model	31/12/2009	09/06/2010	28/06/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	20/07/2009	French	PDF
Abridged model	31/12/2007	11/06/2008	02/07/2008	French	PDF
Abridged model	31/12/2006	13/06/2007	29/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

PHILIPPE MANESSE

Manager · since 10 juin 2009 · until 12 juin 2013

Active

Ended mandates

PHILIPPE MANESSE

Managing director · since 10 juin 2009 · until 12 juin 2013

Ended

ROSARIA GAONE

Director · since 10 juin 2009 · until 12 juin 2013

Ended

Philippe MANESSE

Managing director · since 13 juin 2007 · until 12 juin 2013

Ended

Rosaria GAONE

Director · since 13 juin 2007 · until 12 juin 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/04/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Registered office18/06/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/04/2016
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates30/12/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office08/05/2012
SIEGE SOCIAL
PDF
Mandates23/06/2009
DEMISSIONS, NOMINATIONS
PDF
Registered office01/12/2005
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-13,6 k €↓
2024
Annual accounts 20246,7 k €↑
2023
Annual accounts 20235,6 k €↓
2022
Annual accounts 20228,8 k €↓
2022
Name changeMANFILCONSTRUCT
2021
Annual accounts 2021230,5 k €↑
2021
Name changeF.I.L.
2020
Annual accounts 202021,6 k €↑
2019
Annual accounts 201915,8 k €↓
2018
Annual accounts 201822,1 k €↑
2017
Annual accounts 2017-9,7 k €↑
2016
Annual accounts 2016-13,1 k €↓
2015
Annual accounts 2015-2,7 k €↓
2014
Annual accounts 20149,1 k €↑
2013
Annual accounts 2013-21,9 k €↓
2012
Annual accounts 201259,1 k €↑
2011
Annual accounts 2011-82,5 k €↓
2010
Annual accounts 20109,2 k €↑
2009
Annual accounts 20097,4 k €↓
2008
Annual accounts 20087,6 k €↑
2007
Annual accounts 20075,9 k €↓
2006
Annual accounts 20066,2 k €
09/03/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MANFILCONSTRUCT

Overview

What does MANFILCONSTRUCT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline