ACTIVE

MANICO

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Financial year 2025 · closed on 31/12/2025

Net result

353,7 k €

-10.0% YoY

Gross margin

1,2 M €

+5.1% YoY

Equity

1,1 M €

+0.3% YoY

Workforce

15,1 ETP

+4.1% YoY

What does MANICO do?

MANICO is a Public limited company incorporated in 1994. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Oupeye. It employs on average 15,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.234.289

Incorporation

23/02/1994

Legal form

Public limited company

Registered office

Rue Jean-Marie Clerdin 11
4684 Oupeye · WallonieSee on map

Contributed capital

323 000,00 €

Latest accounts

31/12/2025

Average workforce

15,1 ETP

Activities (NACE)

47521Retail sale of hardware, paints and glass in specialised stores· main 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation 46731Wholesale of wood, construction materials and sanitary equipment 46741Wholesale of hardware, plumbing and heating equipment and supplies 46831Wholesale trade, except of motor vehicles and motorcycles+7

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	+5.1%	1,2 M €	-0.0%	1,2 M €	+2.9%	1,1 M €	-12.8%	1,3 M €	+27.3%	1 M €	+6.1%	975,1 k €	-7.5%	1,1 M €	+9.1%	965,8 k €	+8.1%	893,1 k €	-7.5%	965,6 k €	-1.8%	983,7 k €	-5.6%	1 M €	+35.0%	771,4 k €	+32.0%	584,6 k €	+16.4%	502,4 k €	+12.3%	447,3 k €	-16.9%	538,3 k €
EBITDA	543,3 k €	-8.6%	594,3 k €	+8.7%	546,8 k €	+0.2%	545,9 k €	-28.2%	760 k €	+49.0%	510 k €	+7.8%	473 k €	-24.5%	626,9 k €	+27.1%	493,3 k €	+18.7%	415,7 k €	-19.2%	514,6 k €	+4.3%	493,3 k €	-17.8%	600,1 k €	+44.2%	416,3 k €	+111%	197,6 k €	+26.5%	156,3 k €	+21.8%	128,3 k €	-41.8%	220,4 k €
Operating result	407,3 k €	-11.9%	462,3 k €	+18.7%	389,5 k €	+1.3%	384,4 k €	-32.6%	570,5 k €	+56.3%	365,1 k €	+15.2%	316,8 k €	-30.3%	454,8 k €	+40.6%	323,5 k €	+35.2%	239,3 k €	-28.8%	335,9 k €	+9.7%	306,1 k €	-18.3%	374,8 k €	+119%	171,4 k €	+96.2%	87,4 k €	+1.3%	86,3 k €	+55.0%	55,6 k €	-62.2%	147,2 k €
Net result	353,7 k €	-10.0%	392,8 k €	+29.4%	303,6 k €	-5.6%	321,8 k €	-29.2%	454,4 k €	+49.6%	303,8 k €	+20.2%	252,8 k €	-33.7%	381 k €	+48.3%	256,9 k €	+41.2%	181,9 k €	-34.2%	276,6 k €	+40.0%	197,6 k €	-26.2%	267,8 k €	+163%	101,9 k €	+80.9%	56,3 k €	-2.3%	57,7 k €	+56.1%	36,9 k €	-66.2%	109,2 k €
Balance sheet
Equity	1,1 M €	+0.3%	1,1 M €	+0.3%	1,1 M €	+0.3%	1,1 M €	+1.5%	1,1 M €	+26.7%	873,1 k €	+6.6%	819,4 k €	+0.3%	816,6 k €	+0.1%	815,6 k €	+0.9%	808,7 k €	+0.2%	806,8 k €	+0.1%	806,1 k €	+0.3%	803,6 k €	+6.0%	758,2 k €	+7.2%	707 k €	+5.3%	671,5 k €	+5.8%	634,6 k €	+4.4%	608,1 k €
Total assets	3 M €	-4.2%	3,1 M €	+5.5%	2,9 M €	-8.9%	3,2 M €	-5.3%	3,4 M €	+32.2%	2,6 M €	+1.1%	2,5 M €	-8.5%	2,8 M €	-1.2%	2,8 M €	+9.9%	2,6 M €	-4.3%	2,7 M €	+2.1%	2,6 M €	-6.2%	2,8 M €	-1.5%	2,8 M €	+61.8%	1,8 M €	+22.8%	1,4 M €	-16.7%	1,7 M €	+36.7%	1,3 M €
Cash	172,3 k €	-51.6%	356 k €	+72.6%	206,3 k €	+43.4%	143,8 k €	-50.6%	291 k €	+39.0%	209,3 k €	+38.9%	150,7 k €	+46.3%	103 k €	-45.3%	188,5 k €	+34.6%	140,1 k €	+8.1%	129,5 k €	-37.4%	206,9 k €	+21.6%	170,1 k €	+116%	78,7 k €	-70.3%	264,9 k €	+89.9%	139,5 k €	-49.0%	273,6 k €	+273%	73,4 k €
Debts	1,8 M €	-6.8%	2 M €	+8.9%	1,8 M €	-13.9%	2,1 M €	-8.6%	2,3 M €	+35.6%	1,7 M €	-1.8%	1,7 M €	-12.2%	2 M €	+0.3%	2 M €	+14.3%	1,7 M €	-6.4%	1,8 M €	+4.4%	1,8 M €	-9.8%	1,9 M €	-4.6%	2 M €	+103%	1 M €	+33.0%	756,3 k €	-29.9%	1,1 M €	+67.2%	645,5 k €
Other
Workforce	15,1 ETP	+4.1%	14,5 ETP	-4.6%	15,2 ETP	+7.8%	14,1 ETP	-1.4%	14,3 ETP	+2.1%	14,0 ETP	0.0%	14,0 ETP	0.0%	14,0 ETP	0.0%	14,0 ETP	-2.8%	14,4 ETP	-2.0%	14,7 ETP	+2.8%	14,3 ETP	+4.4%	13,7 ETP	+19.1%	11,5 ETP	+6.5%	10,8 ETP	+1.9%	10,6 ETP	0.0%	10,6 ETP	+9.3%	9,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

BRICO INVEST

Director · 0465.969.984

Represented by Maryse Vanvinckenroye

Active

Ended mandates

BRICO INVEST

Director · since 20 mai 2021 · until 05 juin 2027 · 0465.969.984

Represented by Vanvinckenroye MARYSE

Ended

Alain Vanlangenaker

Director · since 06 juin 2020 · until 06 juin 2026

Ended

Alain VANLANGENAKER

Director · since 06 juin 2020 · until 20 mai 2021

Ended

BRICO INVEST

Managing director · since 06 juin 2020 · until 06 juin 2026 · 0465.969.984

Represented by Maryse Vanvinckenroye

Ended

At this address

Other companies at this address

Company	CBE no.
BRICO INVEST● Active	0465.969.984

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	11/06/2026	10/06/2025	03/06/2024	06/06/2023	09/06/2022	07/06/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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
Abridged model	31/12/2025	06/06/2026	11/06/2026	French	PDF
Abridged model	31/12/2024	07/06/2025	10/06/2025	French	PDF
Abridged model	31/12/2023	01/06/2024	03/06/2024	French	PDF
Abridged model	31/12/2022	03/06/2023	06/06/2023	French	PDF
Abridged model	31/12/2021	04/06/2022	09/06/2022	French	PDF
Abridged model	31/12/2020	05/06/2021	07/06/2021	French	PDF
Abridged model	31/12/2019	06/06/2020	09/06/2020	French	PDF
Abridged model	31/12/2018	01/06/2019	05/06/2019	French	PDF
Abridged model	31/12/2017	02/06/2018	07/06/2018	French	PDF
Abridged model	31/12/2016	03/06/2017	06/06/2017	French	PDF
Abridged model	31/12/2015	04/06/2016	09/06/2016	French	PDF
Abridged model	31/12/2014	06/06/2015	25/06/2015	French	PDF
Abridged model	31/12/2013	07/06/2014	13/06/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	06/06/2013	French	PDF
Abridged model	31/12/2011	02/06/2012	07/06/2012	French	PDF
Abridged model	31/12/2010	04/06/2011	09/06/2011	French	PDF
Abridged model	31/12/2009	05/06/2010	10/06/2010	French	PDF
Abridged model	31/12/2008	06/06/2009	16/06/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	10/06/2008	French	PDF
Abridged model	31/12/2006	02/06/2007	05/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 14 ended

Active mandates

BRICO INVEST

Director · 0465.969.984

Represented by Maryse Vanvinckenroye

Active

Ended mandates

BRICO INVEST

Director · since 20 mai 2021 · until 05 juin 2027 · 0465.969.984

Represented by Vanvinckenroye MARYSE

Ended

Alain Vanlangenaker

Director · since 06 juin 2020 · until 06 juin 2026

Ended

Alain VANLANGENAKER

Director · since 06 juin 2020 · until 20 mai 2021

Ended

BRICO INVEST

Managing director · since 06 juin 2020 · until 06 juin 2026 · 0465.969.984

Represented by Maryse Vanvinckenroye

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates31/05/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates24/06/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates22/01/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates07/09/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates06/10/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates24/06/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates27/10/2006
DEMISSIONS, NOMINATIONS - 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 2025353,7 k €↓
2024
Annual accounts 2024392,8 k €↑
2023
Annual accounts 2023303,6 k €↓
2022
Annual accounts 2022321,8 k €↓
2021
Annual accounts 2021454,4 k €↑
2018
Annual accounts 2018303,8 k €↑
2017
Annual accounts 2017252,8 k €↓
2016
Annual accounts 2016381 k €↑
2015
Annual accounts 2015256,9 k €↑
2014
Annual accounts 2014181,9 k €↓
2013
Annual accounts 2013276,6 k €↑
2012
Annual accounts 2012197,6 k €↓
2011
Annual accounts 2011267,8 k €↑
2010
Annual accounts 2010101,9 k €↑
2009
Annual accounts 200956,3 k €↓
2008
Annual accounts 200857,7 k €↑
2007
Annual accounts 200736,9 k €↓
2006
Annual accounts 2006109,2 k €
23/02/1994
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

MANICO

Overview

What does MANICO do?

Trend over 18 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