ACTIVE

MANIMO

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Financial year 2025 · closed on 31/12/2025

Net result

44,4 k €

-16.0% YoY

Gross margin

157,2 k €

-0.9% YoY

Equity

752,5 k €

+6.3% YoY

What does MANIMO do?

MANIMO is a Public limited company incorporated in 1994. Its registered office is in Thuin.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.935.668

Incorporation

25/01/1994

Legal form

Public limited company

Registered office

Rue du Chemin de Fer(THL) 17
6536 Thuin · WallonieSee on map

Contributed capital

188 399,08 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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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	157,2 k €	-0.9%	158,6 k €	+9.7%	144,7 k €	-2.8%	148,9 k €	-5.6%	157,8 k €	-31.3%	229,7 k €	+30.3%	176,3 k €	+21.2%	145,5 k €	+2.5%	142 k €	-3.7%	147,4 k €	+12.4%	131,2 k €	-2.0%	133,9 k €	-4.4%	140,1 k €	+4.4%	134,1 k €	+42.2%	94,3 k €	-21.8%	120,6 k €	+10.2%	109,4 k €	+34.3%	81,5 k €	+12.4%	72,5 k €	-8.5%	79,2 k €
EBITDA	104,4 k €	-7.8%	113,2 k €	+16.5%	97,2 k €	-8.9%	106,7 k €	-11.0%	119,9 k €	-38.1%	193,9 k €	+68.4%	115,1 k €	-3.2%	119 k €	+42.7%	83,3 k €	-30.5%	119,9 k €	+37.0%	87,5 k €	+1.0%	86,6 k €	-7.4%	93,5 k €	+8.4%	86,2 k €	+58.7%	54,3 k €	-34.2%	82,6 k €	+14.1%	72,4 k €	+119%	33 k €	-19.0%	40,7 k €	-14.8%	47,8 k €
Operating result	60,7 k €	-15.7%	71,9 k €	+30.1%	55,3 k €	-11.4%	62,4 k €	-25.4%	83,6 k €	-48.8%	163,4 k €	+141%	67,7 k €	-6.9%	72,7 k €	+50.5%	48,3 k €	-42.3%	83,7 k €	+57.6%	53,1 k €	+2.7%	51,7 k €	-12.1%	58,8 k €	+14.1%	51,6 k €	+229%	15,7 k €	-72.5%	56,9 k €	+21.8%	46,7 k €	+293%	11,9 k €	-44.3%	21,3 k €	-25.2%	28,5 k €
Net result	44,4 k €	-16.0%	52,9 k €	+32.3%	40 k €	-10.4%	44,6 k €	-43.9%	79,4 k €	-31.2%	115,4 k €	+395%	23,3 k €	-19.4%	28,9 k €	+50.0%	19,3 k €	-56.8%	44,7 k €	+248%	12,8 k €	+4.1%	12,3 k €	-43.9%	21,9 k €	+35.3%	16,2 k €	+212%	-14,5 k €	-153%	27,3 k €	+70.7%	16 k €	+187%	-18,4 k €	-128%	-8,1 k €	-2053%	413 €
Balance sheet
Equity	752,5 k €	+6.3%	708 k €	+8.1%	655,2 k €	+6.5%	615,2 k €	+7.8%	570,6 k €	+16.2%	491,2 k €	+30.7%	375,9 k €	+6.6%	352,5 k €	+8.9%	323,6 k €	+6.3%	304,4 k €	+17.2%	259,7 k €	+5.2%	246,9 k €	+5.3%	234,6 k €	+10.3%	212,6 k €	+8.3%	196,4 k €	-6.9%	210,9 k €	+14.9%	183,6 k €	+9.6%	167,6 k €	-9.9%	186 k €	-4.2%	194 k €
Total assets	986,6 k €	-10.8%	1,1 M €	+0.0%	1,1 M €	+2.8%	1,1 M €	-0.9%	1,1 M €	-18.7%	1,3 M €	-0.3%	1,3 M €	-3.0%	1,4 M €	+38.9%	994,1 k €	+11.8%	889,5 k €	+2.7%	866 k €	+0.2%	864,4 k €	+1.0%	855,9 k €	+2.9%	832,1 k €	-0.1%	833 k €	+43.5%	580,6 k €	-0.6%	584,2 k €	+2.4%	570,4 k €	+5.8%	539,4 k €	-2.0%	550,5 k €
Cash	140,2 k €	-36.2%	219,7 k €	+6.9%	205,4 k €	+45.8%	140,9 k €	+14.1%	123,5 k €	-4.2%	128,9 k €	+308%	31,6 k €	-8.6%	34,6 k €	+57.9%	21,9 k €	-81.4%	118 k €	+4.7%	112,8 k €	+48.0%	76,2 k €	-49.6%	151 k €	+61.4%	93,6 k €	+10.6%	84,6 k €	+1.9%	83 k €	+45.5%	57,1 k €	+82.4%	31,3 k €	-46.6%	58,6 k €	+37.4%	42,7 k €
Debts	232,1 k €	-41.5%	396,5 k €	-11.9%	450,3 k €	-2.2%	460,6 k €	-10.4%	513,8 k €	-39.1%	843,3 k €	-10.6%	943,4 k €	-8.2%	1 M €	+53.4%	670,5 k €	+14.7%	584,6 k €	-3.6%	606,2 k €	-1.8%	617,5 k €	-0.6%	621,1 k €	+0.3%	619,3 k €	-2.7%	636,6 k €	+72.6%	368,8 k €	-7.8%	400,2 k €	-0.5%	402,3 k €	+13.9%	353,4 k €	-0.9%	356,4 k €
Other
Workforce	–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	-16.7%	0,6 ETP	-40.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+42.9%	0,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Benoit LURQUIN

Director · since 21 septembre 2023

Active

Laura LURQUIN

Director · since 21 septembre 2023

Active

Pierre LURQUIN

Director · since 21 septembre 2023

Active

Ended mandates

Benoît Lurquin

Managing director · since 23 décembre 2016 · until 31 mars 2022

Ended

Laura Lurquin

Director · since 23 décembre 2016 · until 31 mars 2022

Ended

Pierre Lurquin

Managing director · since 23 décembre 2016 · until 31 mars 2022

Ended

Benoit LURQUIN

Director

Ended

At this address

Other companies at this address

Company	CBE no.
BEPI● Active	0668.605.162

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged 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	21/07/2026	24/06/2025	06/04/2024	01/07/2023	06/07/2022	17/06/2021
General meeting	31/03/2026	27/05/2025	28/03/2024	30/06/2023	09/05/2022	07/05/2021
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	31/03/2026	21/07/2026	French	PDF
Micro model	31/12/2024	27/05/2025	24/06/2025	French	PDF
Micro model	31/12/2023	28/03/2024	06/04/2024	French	PDF
Micro model	31/12/2022	30/06/2023	01/07/2023	French	PDF
Micro model	31/12/2021	09/05/2022	06/07/2022	French	PDF
Abridged model	31/12/2020	07/05/2021	17/06/2021	French	PDF
Abridged model	31/12/2019	13/05/2020	26/05/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	03/07/2019	French	PDF
Abridged model	31/12/2017	22/05/2018	25/05/2018	French	PDF
Abridged model	31/12/2016	17/03/2017	28/03/2017	French	PDF
Abridged model	31/12/2015	23/03/2016	26/09/2016	French	PDF
Abridged model	31/12/2014	10/08/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	31/03/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	31/03/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	31/03/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	31/03/2011	28/04/2011	French	PDF
Abridged model	31/12/2009	31/03/2010	23/06/2010	French	PDF
Abridged model	31/12/2008	31/03/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	31/03/2008	03/06/2008	French	PDF
Abridged model	31/12/2006	31/03/2007	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Benoit LURQUIN

Director · since 21 septembre 2023

Active

Laura LURQUIN

Director · since 21 septembre 2023

Active

Pierre LURQUIN

Director · since 21 septembre 2023

Active

Ended mandates

Benoît Lurquin

Managing director · since 23 décembre 2016 · until 31 mars 2022

Ended

Laura Lurquin

Director · since 23 décembre 2016 · until 31 mars 2022

Ended

Pierre Lurquin

Managing director · since 23 décembre 2016 · until 31 mars 2022

Ended

Benoit LURQUIN

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other06/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates11/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2017
DEMISSIONS, NOMINATIONS
PDF
Capital / shares17/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/10/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates29/06/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates19/02/2004
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202544,4 k €↓
2024
Annual accounts 202452,9 k €↑
2023
Annual accounts 202340 k €↓
2022
Annual accounts 202244,6 k €↓
2021
Annual accounts 202179,4 k €↓
2020
Annual accounts 2020115,4 k €↑
2019
Annual accounts 201923,3 k €↓
2018
Annual accounts 201828,9 k €↑
2017
Annual accounts 201719,3 k €↓
2016
Annual accounts 201644,7 k €↑
2015
Annual accounts 201512,8 k €↑
2014
Annual accounts 201412,3 k €↓
2013
Annual accounts 201321,9 k €↑
2012
Annual accounts 201216,2 k €↑
2011
Annual accounts 2011-14,5 k €↓
2010
Annual accounts 201027,3 k €↑
2009
Annual accounts 200916 k €↑
2008
Annual accounts 2008-18,4 k €↓
2007
Annual accounts 2007-8,1 k €↓
2006
Annual accounts 2006413 €
25/01/1994
IncorporationPublic 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

MANIMO

Overview

What does MANIMO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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