MANUCHAR GROUP
0777.879.622 · rovalta.com · 09/11/2026
MANUCHAR GROUP
Financial year 2025 · Closed on 31/12/2025
Overview
Identity
Source · BCE/KBOMANUCHAR GROUP is a Private limited company incorporated in 2021. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0777.879.622
- Incorporation
- 30/11/2021
- Legal form
- Private limited company
- Registered office
- Rietschoorvelden 20
2170 Antwerpen · FlandreSee on map - Contributed capital
- 495 396 459,97 €
- Latest accounts
- 31/12/2025
Financials
Source · NBB, 8 filingsTrend over 4 financial years
| 2025 | 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| EBITDA | -327 k € | -16.2% | -281,4 k € | -118% | -129,2 k € | -157% | -50,2 k € |
| Operating result | -896,3 k € | -219% | -281,4 k € | -118% | -129,2 k € | -157% | -50,2 k € |
| Net result | -46,7 M € | -240% | -13,8 M € | +26.9% | -18,8 M € | +35.3% | -29,1 M € |
| Balance sheet | |||||||
| Equity | 387 M € | -10.8% | 433,7 M € | -3.1% | 447,5 M € | +1.5% | 440,9 M € |
| Total assets | 888,3 M € | +8.6% | 818 M € | -0.7% | 823,5 M € | +1.3% | 813,1 M € |
| Cash | 839,8 k € | +21.4% | 691,8 k € | +99.3% | 347,1 k € | -63.9% | 960,3 k € |
| Debts | 499,2 M € | +30.0% | 384,1 M € | +2.2% | 376 M € | +1.0% | 372,2 M € |
Valuation
Indicative valuation
As an indication, this company is worth
Board of directors
Source · NBB, accounts to 31/12/20253 active · 3 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 01/04/2025 | |||
| Directorsince 01/04/2025 | |||
| Directorsince 30/06/2022Mandate2022 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Anthony MAAS | Director21/02/2023 → 2023 accountsMandate2022 accounts | ||
| Director30/06/2022 → 2022 accounts | |||
Philippe HUYBRECHS | Managing director30/06/2022 → 2023 accounts |
Other companies at this address
Rietschoorvelden 20 2170 Antwerpen| Company | CBE no. |
|---|---|
| 1014.116.489 | |
Corvida investments● Active | 0787.276.150 |
Dragonfly Invest● Active | 0787.276.348 |
Flamengo investments● Active | 0787.267.638 |
| 1019.628.663 | |
LDI INTERNATIONAL● Active | 0472.156.309 |
LSF XI Magpie Finco● Active | 0785.953.881 |
Manuchar● Active | 0407.045.751 |
Manuchar Europe● Active | 0793.709.923 |
| 0799.443.514 | |
Manuchar Pulp & Paper● Active | 0799.443.316 |
MANUCHAR STEEL● Active | 0865.797.353 |
PPLS Invest● Active | 0787.267.737 |
UNIT ONE● Active | 0449.634.887 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 30/11/2021 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
| Length of the financial year | 12 months | 12 months | 12 months | 14 months |
| Filing date | 02/06/2026 | 25/06/2025 | 24/05/2024 | 05/12/2023 |
| General meeting | 23/04/2026 | 30/04/2025 | 25/04/2024 | 27/04/2023 |
| Currency of the financial year | USD | USD | USD | USD |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 23/04/2026 | 02/06/2026 | Dutch | |
| Full model | 31/12/2024 | 30/04/2025 | 25/06/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 30/04/2025 | 30/07/2025 | Dutch | |
| Full model | 31/12/2023 | 25/04/2024 | 24/05/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 25/04/2024 | 04/06/2024 | Dutch | |
| Full modelCorrection | 31/12/2022 | 27/04/2023 | 05/12/2023 | Dutch | |
| Full model | 31/12/2022 | 27/04/2023 | 22/05/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 27/04/2023 | 21/06/2023 | Dutch |
Valuation
Indicative valuation
As an indication, this company is worth
between 250 M€ and 500 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.
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
Board of directors
Source · NBB, accounts to 31/12/20253 active · 3 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 01/04/2025 | |||
| Directorsince 01/04/2025 | |||
| Directorsince 30/06/2022Mandate2022 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Anthony MAAS | Director21/02/2023 → 2023 accountsMandate2022 accounts | ||
| Director30/06/2022 → 2022 accounts | |||
Philippe HUYBRECHS | Managing director30/06/2022 → 2023 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates17/08/2026ONTSLAGEN, BENOEMINGEN
- Mandates04/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates26/11/2025ONTSLAGEN - BENOEMINGEN
- Mandates05/08/2025ONTSLAGEN - BENOEMINGEN
- Mandates31/03/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates18/11/2024ONTSLAGEN - BENOEMINGEN
- Mandates13/11/2023ONTSLAGEN - BENOEMINGEN
- Mandates11/09/2023ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsRegistered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rietschoorvelden 20, 2170 Merksem (Antwerp)Current | accounts 2022 → 2025 | Accounts 2025 · 2026-00140837 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| MANUCHAR GROUPCurrent | accounts 2022 → 2025 | Accounts 2025 · 2026-00140837 |
Events
- 17/02/2026nominationBLACKBUCK BV · lid van het Management Board
- 17/02/2026unknownHUCAR BV · Voorzitter Management Board
- 17/02/2026unknownM.D.R BV · lid van het Management Board
- 17/02/2026unknownGUTO Comm · lid van het Management Board
- 17/02/2026unknownStefan Van Loock · lid van het Management Board
- 17/02/2026unknownSTE MANAGEMENT CommV · lid van het Management Board
- 17/02/2026unknownNEXUM BV · lid van het Management Board
- 17/02/2026unknownINTEGRITY LEGAL & COMPLIANCE SERVICES SRL · lid van het Management Board
- 17/02/2026unknownPNO HR CONSULTING BV · lid van het Management Board
- 17/02/2026unknownOV STRATEGIC PARTNERS BV · lid van het Management Board
- 2025Annual accounts 2025-46,7 M €↓
- 27/10/2025nominationOlivera Vujnović · lid van het Management Board
- 11/07/2025nominationPNO HR CONSULTING BV · lid van het Management Board
- 01/04/2025nominationHUCAR · gewone bestuurder
- 01/04/2025nominationGUTO · gewone bestuurder
- 14/03/2025nominationStefan Van Loock · Management Board
- 14/03/2025nominationAndré Schommer · Management Board
- 2024Annual accounts 2024-13,8 M €↑
- 13/08/2024nominationInge de Winne · lid van het executief comité
- 13/08/2024nominationAndré Schommer · lid van het executief comité
- 2023Annual accounts 2023-18,8 M €↑
- 01/10/2023nominationRodrigo Cunha · lid van het executief comité
- 15/05/2023nominationAnthony Maas · lid van het executief comité
- 15/05/2023nominationMatthias De Raeymaeker · lid van het executief comité
- 15/05/2023nominationSabri Tektas · lid van het executief comité
- 15/05/2023nominationStephan Van den Eynde · lid van het executief comité
- 27/04/2023nominationEY Bedrijfsrevisoren · commissaris
- 21/02/2023nominationMAAS Anthony · gewone bestuurder
- 21/02/2023augmentation_capitalLSF11 MAGPIE INVESTMENTS S.à.r.l.
- 2022Annual accounts 2022-29,1 M €
- 01/07/2022nominationPhilippe Huybrechs · président du collège des administrateurs
- 01/07/2022nominationM.D.R. BV · administrateur délégué
- 01/07/2022nominationDragonfly Invest BV · administrateur délégué
- 01/07/2022nominationPatrick Putman · directeur
- 01/07/2022nominationDirk Aerts · directeur
- 01/07/2022nominationSofie Beernaert · directeur
- 01/07/2022nominationBarry Collard · directeur
- 01/07/2022nominationBen De Voecht · directeur
- 01/07/2022nominationMark Jacobs · directeur
- 01/07/2022nominationBart Troubleyn · directeur
- 01/07/2022nominationStefan Van Loock · directeur
- 01/07/2022augmentation_capital
- 30/06/2022nominationM.D.R. BV · administrateur
- 30/06/2022nominationPhilippe Huybrechs · administrateur
- 30/06/2022nominationDragonfly Invest BV · administrateur
- 30/11/2021IncorporationPrivate limited company