ACTIVE

MANAX

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Financial year 2025 · closed on 31/12/2025
Net result
4 k €
-84.8% YoY
Gross margin
4,5 k €
-86.2% YoY
Equity
133,2 k €
+3.1% YoY

What does MANAX do?

MANAX is a Private company with limited liability incorporated in 2018. Its main activity is: Management consultancy activities. Its registered office is in Mortsel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0693.706.881
Incorporation
28/03/2018
Legal form
Private company with limited liability
Registered office
Molenstraat 52
2640 Mortsel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities82100Office administrative and support activities82110Combined office administrative service activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212019
Income statement
Gross margin4,5 k €32,7 k €-1,2 k €-6,9 k €13,6 k €67,7 k €
EBITDA4 k €31,8 k €-1,5 k €-7,7 k €12,8 k €65,4 k €
Operating result4 k €31,6 k €-1,9 k €-11,1 k €10,5 k €53,7 k €
Net result4 k €26,5 k €-2,1 k €-11,4 k €7,5 k €41,4 k €
Balance sheet
Equity133,2 k €129,2 k €102,7 k €104,7 k €115,9 k €53,8 k €
Total assets169,8 k €184,9 k €105,8 k €110,5 k €136,5 k €74,6 k €
Cash50 k €602,6 €64,5 €1,5 k €28,4 k €46 k €
Debts36,6 k €55,7 k €3,1 k €5,8 k €20,6 k €20,8 k €
Other
Workforce––0,0 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Christian Marie Luyten

Director · since 28 mars 2018

Active

Ended mandates

Christian Luyten

Director · since 28 mars 2018

Ended
At this address

Other companies at this address

CompanyCBE no.
DX RAMPS● Active
0694.834.061
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelMicro modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202631/08/202530/07/202431/08/202325/08/202230/06/2021
General meeting26/05/202627/05/202528/05/202430/05/202331/05/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/05/202631/08/2026DutchPDF
Micro model31/12/202427/05/202531/08/2025DutchPDF
Abridged model31/12/202328/05/202430/07/2024DutchPDF
Micro model31/12/202230/05/202331/08/2023DutchPDF
Abridged model31/12/202131/05/202225/08/2022DutchPDF
Micro model31/12/202015/06/202130/06/2021DutchPDF
Micro model31/12/201926/05/202008/09/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 ended

Active mandates

Christian Marie Luyten

Director · since 28 mars 2018

Active

Ended mandates

Christian Luyten

Director · since 28 mars 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other30/03/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20254 k €↓
  2. 2024
    Annual accounts 202426,5 k €↑
  3. 2023
    Annual accounts 2023-2,1 k €↑
  4. 2022
    Annual accounts 2022-11,4 k €↓
  5. 2021
    Annual accounts 20217,5 k €↓
  6. 2019
    Annual accounts 201941,4 k €
  7. 28/03/2018
    IncorporationPrivate company with limited liability