NORMAL SITUATION

MANAVEL

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Financial year 2023 · closed on 31/12/2023

Net result

53,3 k €

-52.5% YoY

Gross margin

25,2 k €

-85.7% YoY

Equity

3,4 M €

+1.6% YoY

Company — Normal situation.

What does MANAVEL do?

MANAVEL is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.515.891

Legal form

Private limited company

Contributed capital

12 400,00 €

Latest accounts

31/12/2023

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	25,2 k €	-85.7%	176,7 k €	+7.7%	164,1 k €	-82.5%	940,1 k €	-6.8%	1 M €	+2.6%	983,5 k €	+21.6%	808,9 k €	+7.3%	753,5 k €	+49.1%	505,4 k €	-8.1%	550,2 k €	-2.7%	565,4 k €	+6.4%	531,4 k €	-28.0%	738,4 k €	+83.9%	401,5 k €	-1.6%	408,1 k €	-15.2%	481,2 k €	+1.1%	476,1 k €	+19.6%	398 k €
EBITDA	23,9 k €	-86.2%	172,5 k €	-3.4%	178,6 k €	-91.4%	2,1 M €	+240%	609,1 k €	-0.7%	613,6 k €	+29.5%	473,9 k €	-1.1%	478,9 k €	+109%	229,7 k €	-12.8%	263,3 k €	-5.8%	279,4 k €	+3.1%	271 k €	-47.7%	518 k €	+175%	188,5 k €	-10.0%	209,5 k €	-29.2%	295,7 k €	+3.9%	284,8 k €	+26.3%	225,4 k €
Operating result	10,4 k €	-93.2%	153,1 k €	-4.0%	159,4 k €	-92.3%	2,1 M €	+247%	593,5 k €	-0.2%	594,7 k €	+30.5%	455,7 k €	+0.8%	452 k €	+131%	195,7 k €	-15.2%	230,8 k €	-6.7%	247,3 k €	+0.8%	245,4 k €	-51.5%	506,4 k €	+196%	170,9 k €	-7.9%	185,6 k €	-29.8%	264,5 k €	+37.6%	192,2 k €	+60.5%	119,7 k €
Net result	53,3 k €	-52.5%	112,1 k €	+21.0%	92,7 k €	-93.3%	1,4 M €	+265%	381,2 k €	+2.2%	373,2 k €	+23.0%	303,4 k €	+23.3%	246,1 k €	+115%	114,5 k €	-25.3%	153,2 k €	-26.7%	208,8 k €	+15.2%	181,3 k €	-50.7%	367,9 k €	+169%	136,7 k €	-8.0%	148,5 k €	-29.9%	211,8 k €	+35.1%	156,8 k €	+55.5%	100,8 k €
Balance sheet
Equity	3,4 M €	+1.6%	3,3 M €	+3.5%	3,2 M €	+3.0%	3,1 M €	+56.0%	2 M €	+13.7%	1,8 M €	+26.8%	1,4 M €	-14.5%	1,6 M €	+17.8%	1,4 M €	+9.0%	1,3 M €	+13.7%	1,1 M €	+15.4%	968,1 k €	+23.0%	786,8 k €	-22.8%	1 M €	+15.5%	882,2 k €	+20.2%	733,7 k €	+40.6%	521,8 k €	+42.9%	365,1 k €
Total assets	3,4 M €	-0.6%	3,4 M €	+4.2%	3,3 M €	-10.8%	3,7 M €	-34.1%	5,6 M €	-16.7%	6,7 M €	+12.1%	6 M €	+12.9%	5,3 M €	-4.5%	5,5 M €	+17.5%	4,7 M €	-2.5%	4,8 M €	+12.9%	4,3 M €	+13.2%	3,8 M €	-3.8%	3,9 M €	+35.2%	2,9 M €	-5.8%	3,1 M €	+8.3%	2,9 M €	+9.6%	2,6 M €
Cash	2,1 M €	-35.4%	3,3 M €	+33.7%	2,5 M €	+92.3%	1,3 M €	-75.8%	5,3 M €	-14.4%	6,2 M €	+10.3%	5,7 M €	+17.1%	4,8 M €	-4.2%	5,1 M €	+10.1%	4,6 M €	-2.8%	4,7 M €	+13.2%	4,2 M €	+11.7%	3,7 M €	-3.2%	3,9 M €	+36.4%	2,8 M €	-5.3%	3 M €	+9.6%	2,7 M €	+14.1%	2,4 M €
Debts	13,3 k €	-84.7%	87,2 k €	+42.2%	61,3 k €	-88.9%	552,1 k €	-84.6%	3,6 M €	-27.5%	4,9 M €	+7.8%	4,6 M €	+25.0%	3,7 M €	-11.9%	4,2 M €	+20.6%	3,5 M €	-7.4%	3,7 M €	+12.2%	3,3 M €	+10.6%	3 M €	+2.8%	2,9 M €	+44.0%	2 M €	-13.9%	2,4 M €	+1.0%	2,3 M €	+4.2%	2,2 M €
Other
Workforce	–		–		–		–		5,5 ETP	+5.8%	5,2 ETP	+2.0%	5,1 ETP	+15.9%	4,4 ETP	-8.3%	4,8 ETP	-4.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	+22.0%	4,1 ETP	-4.7%	4,3 ETP	+7.5%	4,0 ETP	-9.1%	4,4 ETP	-6.4%	4,7 ETP	+9.3%	4,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

José Meunier

Director

Active

Ended mandates

Joseph MEUNIER

Director · since 01 décembre 2000

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2024	29/08/2023	31/08/2022	02/06/2021	30/06/2020	27/06/2019
General meeting	12/06/2024	14/06/2023	08/06/2022	29/04/2021	20/02/2020	12/06/2019
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

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	12/06/2024	29/08/2024	French	PDF
Abridged model	31/12/2022	14/06/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	08/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	29/04/2021	02/06/2021	French	PDF
Abridged model	31/12/2019	20/02/2020	30/06/2020	French	PDF
Abridged model	31/12/2018	12/06/2019	27/06/2019	French	PDF
Abridged model	31/12/2017	13/06/2018	23/08/2018	French	PDF
Abridged model	31/12/2016	14/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	08/06/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	10/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	11/06/2014	31/07/2014	French	PDF
Abridged model	31/12/2012	30/01/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	13/06/2012	21/08/2012	French	PDF
Abridged model	31/12/2010	08/06/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	09/06/2010	26/08/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	11/06/2008	12/08/2008	French	PDF
Abridged model	31/12/2006	13/06/2007	28/08/2007	French	PDF
Abridged model	31/12/2005	14/06/2006	29/06/2006	French	PDF
Abridged model	31/12/2004	08/06/2005	29/06/2005	French	PDF
Abridged model	31/12/2003	09/06/2004	18/06/2004	French	PDF
Abridged model	31/12/2002	11/06/2003	20/06/2003	French	PDF
Abridged model	31/12/2001	12/06/2002	19/09/2002	French	PDF

Estimate

Indicative valuation

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 31/12/2023 · 1 active · 1 ended

Active mandates

José Meunier

Director

Active

Ended mandates

Joseph MEUNIER

Director · since 01 décembre 2000

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution22/04/2025
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
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

2023
Annual accounts 202353,3 k €↓
2022
Annual accounts 2022112,1 k €↑
2021
Annual accounts 202192,7 k €↓
2020
Annual accounts 20201,4 M €↑
2019
Annual accounts 2019381,2 k €↑
2018
Annual accounts 2018373,2 k €↑
2017
Annual accounts 2017303,4 k €↑
2016
Annual accounts 2016246,1 k €↑
2015
Annual accounts 2015114,5 k €↓
2014
Annual accounts 2014153,2 k €↓
2013
Annual accounts 2013208,8 k €↑
2012
Annual accounts 2012181,3 k €↓
2011
Annual accounts 2011367,9 k €↑
2010
Annual accounts 2010136,7 k €↓
2009
Annual accounts 2009148,5 k €↓
2008
Annual accounts 2008211,8 k €↑
2007
Annual accounts 2007156,8 k €↑
2006
Annual accounts 2006100,8 k €

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

MANAVEL

Overview

What does MANAVEL do?

Trend over 18 financial years

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