ACTIVE

HOLEMANS MANALYS

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Financial year 2025 · closed on 31/12/2025

Net result

265,1 k €

+9.3% YoY

Gross margin

884,7 k €

+8.7% YoY

Equity

5,4 M €

+2.1% YoY

Workforce

10,3 ETP

+2.0% YoY

What does HOLEMANS MANALYS do?

HOLEMANS MANALYS is a Public limited company incorporated in 2009. Its main activity is: Manufacture of jewellery and related articles. Its registered office is in Bruxelles. It employs on average 10,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0811.901.381

Incorporation

26/05/2009

Legal form

Public limited company

Registered office

Boulevard de Waterloo 11
1000 Bruxelles · BruxellesSee on map

Contributed capital

822 000,00 €

Latest accounts

31/12/2025

Average workforce

10,3 ETP

Activities (NACE)

32123Manufacture of jewellery and related articles· main 32123Manufacture of jewellery and related articles 47770Retail sale of watches and jewellery in specialised stores 47770Retail sale of watches and jewellery in specialised stores 47770Retail sale of watches and jewellery in specialised stores 47770Retail sale of watches and jewellery in specialised stores

Joint committees (2)

14903
201

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 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	884,7 k €	+8.7%	814,1 k €	-16.7%	976,9 k €	+40.4%	695,9 k €	-53.2%	1,5 M €	+275%	396 k €	-33.5%	595,5 k €	+0.2%	594,1 k €	-11.9%	674,7 k €	-38.0%	1,1 M €	-46.6%	2 M €	+15.9%	1,8 M €	-27.6%	2,4 M €	+2.7%	2,4 M €	+90.1%	1,2 M €	+325%	292,8 k €
EBITDA	379,2 k €	+35.8%	279,1 k €	-27.9%	387,3 k €	+166%	145,6 k €	+147%	-307,8 k €	-422%	95,6 k €	-36.9%	151,4 k €	+15.7%	130,8 k €	-52.1%	273 k €	-54.7%	602,3 k €	+65.0%	365 k €	-55.3%	816,5 k €	-61.3%	2,1 M €	-5.7%	2,2 M €	+95.1%	1,1 M €	+497%	192,3 k €
Operating result	333,7 k €	+36.1%	245,1 k €	-28.4%	342,4 k €	+358%	74,8 k €	+120%	-369 k €	-3496%	-10,3 k €	-117%	61 k €	+220%	19,1 k €	-86.1%	137 k €	-71.0%	472,1 k €	+114%	220,7 k €	-64.6%	623,9 k €	-68.0%	1,9 M €	-8.8%	2,1 M €	+95.0%	1,1 M €	+985%	101 k €
Net result	265,1 k €	+9.3%	242,4 k €	-16.7%	291,1 k €	+11555%	-2,5 k €	+99.3%	-354,5 k €	-660%	63,3 k €	+14.6%	55,2 k €	+176%	20 k €	-80.8%	104,2 k €	-69.1%	337,3 k €	+105%	164,3 k €	-62.9%	443,3 k €	-65.4%	1,3 M €	-10.8%	1,4 M €	+98.5%	723,2 k €	+648%	96,7 k €
Balance sheet
Equity	5,4 M €	+2.1%	5,3 M €	+2.7%	5,2 M €	+3.7%	5 M €	-0.2%	5 M €	-6.7%	5,4 M €	+1.2%	5,3 M €	+0.9%	5,2 M €	+0.2%	5,2 M €	+1.8%	5,1 M €	+5.7%	4,9 M €	+4.3%	4,7 M €	+10.3%	4,2 M €	+48.0%	2,9 M €	+100%	1,4 M €	+64.0%	871,6 k €
Total assets	6,3 M €	+1.1%	6,2 M €	+14.7%	5,4 M €	-2.2%	5,5 M €	+0.9%	5,5 M €	-0.3%	5,5 M €	-4.8%	5,8 M €	+4.8%	5,5 M €	-6.9%	5,9 M €	-12.9%	6,8 M €	-34.3%	10,3 M €	+59.4%	6,5 M €	+12.4%	5,8 M €	+33.9%	4,3 M €	+43.9%	3 M €	+127%	1,3 M €
Cash	272 k €	-44.3%	488,3 k €	+55.0%	315 k €	-65.6%	914,9 k €	-44.5%	1,6 M €	+24.4%	1,3 M €	+98.4%	667,9 k €	-4.4%	698,5 k €	-12.6%	799,2 k €	+7.7%	741,7 k €	-66.6%	2,2 M €	+285%	577 k €	+5.5%	546,7 k €	+8.2%	505,1 k €	+60.5%	314,8 k €	+314%	76,1 k €
Debts	820,9 k €	-8.1%	893,5 k €	+269%	242,1 k €	-55.3%	542 k €	+14.5%	473,4 k €	+269%	128,3 k €	-72.9%	473,8 k €	+85.9%	254,9 k €	-62.0%	669,9 k €	-59.5%	1,7 M €	-56.0%	3,8 M €	+188%	1,3 M €	-14.3%	1,5 M €	+5.2%	1,4 M €	-7.6%	1,6 M €	+250%	447,4 k €
Other
Workforce	10,3 ETP	+2.0%	10,1 ETP	-2.9%	10,4 ETP	+15.6%	9,0 ETP	-1.1%	9,1 ETP	-13.3%	10,5 ETP	+1.9%	10,3 ETP	-6.4%	11,0 ETP	+2.8%	10,7 ETP	+0.9%	10,6 ETP	-4.5%	11,1 ETP	+6.7%	10,4 ETP	+18.2%	8,8 ETP	+63.0%	5,4 ETP	+45.9%	3,7 ETP	+32.1%	2,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

CENJAL HOLDING BELGIUM

Director · until 04 juin 2030 · 0477.063.123

Represented by G.van Tieghem Uccom Srl représentée par

Active

Moïse Mann

Director · until 04 juin 2030

Active

Ended mandates

CENJAL HOLDING BELGIUM

Director · since 04 juin 2019 · until 04 juin 2025 · 0477.063.123

Represented by G. van Tieghem UCCOM SRL représentée par

Ended

Moïse Mann

Director · since 04 juin 2019 · until 04 juin 2024

Ended

Moïse Mann

Director · since 04 juin 2019 · until 04 juin 2025

Ended

CENJAL HOLDING BELGIUM

Director · since 17 mai 2019 · until 04 juin 2024 · 0477.063.123

Represented by G. van Thieghem Uccom Sprl représenté par

Ended

At this address

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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	22/06/2026	18/08/2025	05/07/2024	26/08/2023	26/07/2022	30/07/2021
General meeting	19/06/2026	25/06/2025	14/06/2024	29/06/2023	23/06/2022	30/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	22/06/2026	French	PDF
Abridged model	31/12/2024	25/06/2025	18/08/2025	French	PDF
Abridged model	31/12/2023	14/06/2024	05/07/2024	French	PDF
Abridged model	31/12/2022	29/06/2023	26/08/2023	French	PDF
Abridged model	31/12/2021	23/06/2022	26/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	29/06/2020	24/07/2020	French	PDF
Abridged model	31/12/2018	04/06/2019	31/07/2019	French	PDF
Abridged model	31/12/2017	27/06/2018	26/07/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	26/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	16/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	24/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	23/07/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	23/07/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	26/07/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	27/07/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 12 ended

Active mandates

CENJAL HOLDING BELGIUM

Director · until 04 juin 2030 · 0477.063.123

Represented by G.van Tieghem Uccom Srl représentée par

Active

Moïse Mann

Director · until 04 juin 2030

Active

Ended mandates

CENJAL HOLDING BELGIUM

Director · since 04 juin 2019 · until 04 juin 2025 · 0477.063.123

Represented by G. van Tieghem UCCOM SRL représentée par

Ended

Moïse Mann

Director · since 04 juin 2019 · until 04 juin 2024

Ended

Moïse Mann

Director · since 04 juin 2019 · until 04 juin 2025

Ended

CENJAL HOLDING BELGIUM

Director · since 17 mai 2019 · until 04 juin 2024 · 0477.063.123

Represented by G. van Thieghem Uccom Sprl représenté par

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates15/04/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates17/09/2014
DEMISSIONS, NOMINATIONS
PDF
Other18/11/2010
MODIFICATION DE L'EXERCICE SOCIAL - MODIFICATION DES STATUTS -
PDF
Other04/06/2009
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, 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

2025
Annual accounts 2025265,1 k €↑
2024
Annual accounts 2024242,4 k €↓
2023
Annual accounts 2023291,1 k €↑
2022
Annual accounts 2022-2,5 k €↑
2021
Annual accounts 2021-354,5 k €↓
2020
Annual accounts 202063,3 k €↑
2019
Annual accounts 201955,2 k €↑
2018
Annual accounts 201820 k €↓
2017
Annual accounts 2017104,2 k €↓
2016
Annual accounts 2016337,3 k €↑
2015
Annual accounts 2015164,3 k €↓
2014
Annual accounts 2014443,3 k €↓
2013
Annual accounts 20131,3 M €↓
2012
Annual accounts 20121,4 M €↑
2011
Annual accounts 2011723,2 k €↑
2010
Annual accounts 201096,7 k €
26/05/2009
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

HOLEMANS MANALYS

Overview

What does HOLEMANS MANALYS do?

Trend over 16 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