MANATAN
0451.996.739 · rovalta.com · 21/09/2026
ACTIVE
MANATAN
Financial year 2026 · closed on 31/01/2026
Net result
67,4 k €
-44.7% YoY
Gross margin
255,9 k €
-17.8% YoY
Equity
21,3 k €
-45.3% YoY
Workforce
2,5 ETP
0.0% YoY
Overview
What does MANATAN do?
MANATAN is a Private limited company incorporated in 1994. Its registered office is in Aalst. It employs on average 2,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.996.739
Incorporation
07/01/1994
Legal form
Private limited company
Registered office
Kattestraat 49
9300 Aalst · FlandreSee on map
9300 Aalst · FlandreSee on map
Contributed capital
18 600,04 €
Latest accounts
31/01/2026
Average workforce
2,5 ETP
Joint committees (1)
- 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 255,9 k € | -17.8% | 311,2 k € | +37.0% | 227,2 k € | -25.2% | 303,8 k € | +7.9% | 281,4 k € | +142% | 116,2 k € | -56.5% | 267 k € | +6.3% | 251,2 k € | +34.8% | 186,4 k € | -8.6% | 204 k € | -34.7% | 312,3 k € | -32.5% | 462,3 k € | +49.1% | 310,1 k € | -13.0% | 356,6 k € | +5.4% | 338,2 k € | -11.7% | 383,1 k € | +114% | 178,8 k € | +62.1% | 110,3 k € | -55.3% | 246,8 k € | +163% | 93,7 k € |
| EBITDA | 130,1 k € | -28.6% | 182,2 k € | +82.9% | 99,6 k € | -47.0% | 187,9 k € | +13.8% | 165,1 k € | +2153% | 7,3 k € | -93.4% | 110,6 k € | +29.1% | 85,7 k € | +641% | -15,9 k € | -308% | 7,6 k € | -92.1% | 96,3 k € | -63.8% | 266,2 k € | +115% | 123,9 k € | +1.0% | 122,7 k € | +53.0% | 80,2 k € | -10.4% | 89,5 k € | +340% | -37,3 k € | +61.6% | -97,1 k € | -227% | 76,4 k € | +220% | -63,6 k € |
| Operating result | 85,2 k € | -44.6% | 153,7 k € | +99.3% | 77,2 k € | -52.3% | 161,6 k € | +18.6% | 136,3 k € | +540% | -31 k € | -202% | 30,3 k € | +377% | 6,4 k € | +110% | -65 k € | -30.7% | -49,7 k € | -319% | 22,7 k € | -81.2% | 120,7 k € | +104% | 59,3 k € | -27.2% | 81,5 k € | +216% | 25,8 k € | -68.4% | 81,5 k € | +224% | -65,6 k € | +39.7% | -108,9 k € | -41606% | -261 € | +99.9% | -193,6 k € |
| Net result | 67,4 k € | -44.7% | 121,8 k € | +131% | 52,6 k € | -65.9% | 154,2 k € | +17.0% | 131,8 k € | +551% | -29,2 k € | -217% | 25 k € | +1371% | 1,7 k € | +102% | -69,1 k € | -21.3% | -57 k € | -406% | 18,6 k € | -83.4% | 112,4 k € | +169% | 41,7 k € | -28.0% | 58 k € | +2414% | 2,3 k € | -96.8% | 73 k € | +196% | -76 k € | +35.5% | -117,7 k € | -15350% | 772 € | +100% | -189,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 21,3 k € | -45.3% | 38,9 k € | -49.5% | 77,1 k € | +215% | 24,5 k € | -92.4% | 320,3 k € | +69.9% | 188,5 k € | -13.4% | 217,7 k € | +13.0% | 192,7 k € | +0.9% | 191 k € | -31.8% | 280,1 k € | -16.9% | 337,1 k € | +5.8% | 318,5 k € | +54.6% | 206,1 k € | +25.4% | 164,3 k € | +54.5% | 106,4 k € | +2.2% | 104,1 k € | +235% | 31,1 k € | -71.0% | 107 k € | -49.7% | 212,8 k € | +0.4% | 212 k € |
| Total assets | 399,1 k € | -10.7% | 447,1 k € | -13.5% | 517,2 k € | +38.3% | 373,9 k € | -39.5% | 618 k € | -3.6% | 640,7 k € | +6.7% | 600,8 k € | -10.9% | 674,2 k € | -2.8% | 693,5 k € | +7.3% | 646,3 k € | -5.5% | 684,1 k € | -4.9% | 719,7 k € | -16.0% | 856,4 k € | +5.4% | 812,7 k € | -14.0% | 945,4 k € | +3.7% | 911,5 k € | +78.9% | 509,6 k € | +0.7% | 506,2 k € | -17.0% | 609,6 k € | -0.6% | 613,3 k € |
| Cash | 25,6 k € | +134% | 10,9 k € | +1091% | 918,4 € | -89.0% | 8,4 k € | -43.7% | 14,8 k € | +21.2% | 12,2 k € | -0.4% | 12,3 k € | +81.2% | 6,8 k € | -11.9% | 7,7 k € | -23.2% | 10 k € | -61.3% | 25,9 k € | -38.5% | 42,1 k € | -13.3% | 48,5 k € | +171% | 17,9 k € | +19.9% | 14,9 k € | +49.7% | 10 k € | -66.0% | 29,3 k € | -4.3% | 30,6 k € | +213% | 9,8 k € | -44.0% | 17,5 k € |
| Debts | 374,3 k € | -7.5% | 404,6 k € | -7.2% | 436 k € | +26.1% | 345,8 k € | +17.4% | 294,5 k € | -34.4% | 449,1 k € | +18.3% | 379,7 k € | -20.6% | 478,2 k € | -4.6% | 501,3 k € | +41.0% | 355,5 k € | +3.5% | 343,4 k € | -13.6% | 397,6 k € | -38.5% | 646,8 k € | +0.6% | 643,2 k € | -20.1% | 804,9 k € | +0.0% | 804,6 k € | +71.3% | 469,6 k € | +19.4% | 393,3 k € | +3.2% | 381 k € | +5.0% | 362,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 2,5 ETP | 0.0% | 2,5 ETP | -3.8% | 2,6 ETP | 0.0% | 2,6 ETP | -10.3% | 2,9 ETP | -14.7% | 3,4 ETP | -2.9% | 3,5 ETP | -14.6% | 4,1 ETP | -22.6% | 5,3 ETP | +3.9% | 5,1 ETP | -7.3% | 5,5 ETP | +12.2% | 4,9 ETP | -2.0% | 5,0 ETP | -7.4% | 5,4 ETP | -26.0% | 7,3 ETP | -14.1% | 8,5 ETP | +37.1% | 6,2 ETP | +12.7% | 5,5 ETP | -6.8% | 5,9 ETP | +22.9% | 4,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/01/2026 · 1 active · 5 ended
At this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/02/2025 | 01/02/2024 | 01/02/2023 | 01/02/2022 | 01/02/2021 | 01/02/2020 |
| Closing of the financial year | 31/01/2026 | 31/01/2025 | 31/01/2024 | 31/01/2023 | 31/01/2022 | 31/01/2021 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 20/08/2026 | 14/07/2025 | 10/07/2024 | 12/07/2023 | 15/07/2022 | 13/07/2021 |
| General meeting | 31/07/2026 | 08/07/2025 | 09/07/2024 | 11/07/2023 | 12/07/2022 | 13/07/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/01/2026 | 31/07/2026 | 20/08/2026 | Dutch | |
| Abridged model | 31/01/2025 | 08/07/2025 | 14/07/2025 | Dutch | |
| Abridged model | 31/01/2024 | 09/07/2024 | 10/07/2024 | Dutch | |
| Abridged model | 31/01/2023 | 11/07/2023 | 12/07/2023 | Dutch | |
| Abridged model | 31/01/2022 | 12/07/2022 | 15/07/2022 | Dutch | |
| Abridged model | 31/01/2021 | 13/07/2021 | 13/07/2021 | Dutch | |
| Abridged model | 31/01/2020 | 14/07/2020 | 17/07/2020 | Dutch | |
| Abridged model | 31/01/2019 | 09/07/2019 | 11/07/2019 | Dutch | |
| Abridged model | 31/01/2018 | 10/07/2018 | 11/07/2018 | Dutch | |
| Abridged model | 31/01/2017 | 11/07/2017 | 17/07/2017 | Dutch | |
| Abridged model | 31/01/2016 | 12/07/2016 | 14/07/2016 | Dutch | |
| Abridged model | 31/01/2015 | 14/07/2015 | 17/07/2015 | Dutch | |
| Abridged model | 31/01/2014 | 08/07/2014 | 17/07/2014 | Dutch | |
| Abridged model | 31/01/2013 | 09/07/2013 | 10/07/2013 | Dutch | |
| Abridged model | 31/01/2012 | 10/07/2012 | 12/07/2012 | Dutch | |
| Abridged model | 31/01/2011 | 12/07/2011 | 13/07/2011 | Dutch | |
| Abridged model | 31/01/2010 | 13/07/2010 | 14/07/2010 | Dutch | |
| Abridged model | 31/01/2009 | 14/07/2009 | 16/07/2009 | Dutch | |
| Abridged model | 31/01/2008 | 08/07/2008 | 09/07/2008 | Dutch | |
| Abridged model | 31/01/2007 | 10/07/2007 | 11/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/01/2026 · 1 active · 5 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other19/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates04/11/2015ONTSLAGEN - BENOEMINGEN
- Mandates28/12/2012ONTSLAGEN - BENOEMINGEN
- Other18/12/2006BOEKJAAR
- Capital / shares26/02/2004BENAMING - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
- Mandates05/05/2003ONTSLAGEN - BENOEMINGEN
- Mandates30/12/2002ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2026Annual accounts 202667,4 k €↓
- 2025Annual accounts 2025121,8 k €↑
- 2024Annual accounts 202452,6 k €↓
- 2023Annual accounts 2023154,2 k €↑
- 2022Annual accounts 2022131,8 k €↑
- 2021Annual accounts 2021-29,2 k €↓
- 2020Annual accounts 202025 k €↑
- 2019Annual accounts 20191,7 k €↑
- 2018Annual accounts 2018-69,1 k €↓
- 2017Annual accounts 2017-57 k €↓
- 2016Annual accounts 201618,6 k €↓
- 2015Annual accounts 2015112,4 k €↑
- 2014Annual accounts 201441,7 k €↓
- 2013Annual accounts 201358 k €↑
- 2012Annual accounts 20122,3 k €↓
- 2011Annual accounts 201173 k €↑
- 2010Annual accounts 2010-76 k €↑
- 2009Annual accounts 2009-117,7 k €↓
- 2008Annual accounts 2008772 €↑
- 2007Annual accounts 2007-189,2 k €
- 07/01/1994IncorporationPrivate limited company