NORMAL SITUATION

MANFORCE

Financial year 2023 · closed on 30/09/2023
Net result
-327,4 k €
-97910.9% YoY
Gross margin
302,9 k €
+2.9% YoY
Equity
-591,2 k €
-124.1% YoY
Workforce
10,8 ETP

Company — Normal situation.

What does MANFORCE do?

MANFORCE is a company registered in Belgium. It employs on average 10,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0741.671.403
Legal form
Private limited company
Contributed capital
6 000,00 €
Latest accounts
30/09/2023
Average workforce
10,8 ETP
Joint committees (1)
  • 124
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2023202220212020
Income statement
Gross margin302,9 k €294,5 k €-239,8 k €39,6 k €
EBITDA-224,6 k €113,3 k €-243,1 k €38,9 k €
Operating result-316,5 k €11,3 k €-287,3 k €30,1 k €
Net result-327,4 k €334,7 €-295,8 k €25,7 k €
Balance sheet
Equity-591,2 k €-263,8 k €-264,1 k €31,7 k €
Total assets1,8 M €1,9 M €1,7 M €231 k €
Cash52,1 k €49,6 k €3 k €1,9 k €
Debts2,3 M €2,1 M €2 M €199,3 k €
Other
Workforce10,8 ETP
Governance

Board of directors

Seen on filing of 30/09/2023 · 1 active · 4 ended

Active mandates

Tom Louis Buyse

Director · since 16 janvier 2020

Active

Ended mandates

Rafal Banasiak

Director · since 16 janvier 2020

Ended
Tom Buyse

Director · since 16 janvier 2020

Ended
Rafal Banasiak

Director

Ended
Tom Buysse

Director

Ended
Annual accounts

Full financial information

2023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202116/01/2020
Closing of the financial year30/09/202331/12/202231/12/202131/12/2020
Length of the financial year9 months12 months12 months12 months
Filing date21/10/202429/04/202430/09/202203/12/2021
General meeting24/09/202430/06/202318/06/202230/06/2021
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202324/09/202421/10/2024DutchPDF
Micro model31/12/202230/06/202329/04/2024DutchPDF
Micro model31/12/202118/06/202230/09/2022DutchPDF
Micro model31/12/202030/06/202103/12/2021DutchPDF
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 30/09/2023 · 1 active · 4 ended

Active mandates

Tom Louis Buyse

Director · since 16 janvier 2020

Active

Ended mandates

Rafal Banasiak

Director · since 16 janvier 2020

Ended
Tom Buyse

Director · since 16 janvier 2020

Ended
Rafal Banasiak

Director

Ended
Tom Buysse

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-327,4 k €
  2. 2022
    Annual accounts 2022334,7 €
  3. 2021
    Annual accounts 2021-295,8 k €
  4. 2020
    Annual accounts 202025,7 k €