ACTIVE

MANUCARE

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Financial year 2025 · closed on 31/12/2025

Net result

18,3 k €

-79.3% YoY

Gross margin

123 k €

-44.3% YoY

Equity

647,2 k €

+2.8% YoY

What does MANUCARE do?

MANUCARE is a Private limited company incorporated in 2003. Its main activity is: Other human health activities. Its registered office is in Anhée.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.906.870

Incorporation

07/10/2003

Legal form

Private limited company

Registered office

Senenne 8
5537 Anhée · WallonieSee on map

Contributed capital

11 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

86901Other human health activities· main 86910Other human health activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	123 k €	-44.3%	220,9 k €	+10.6%	199,7 k €	-14.9%	234,5 k €	+55.1%	151,2 k €	-7.2%	162,9 k €	-38.0%	263 k €	+4.0%	252,7 k €	+0.3%	251,9 k €	+18.5%	212,7 k €	+17.9%	180,4 k €	+14.0%	158,2 k €	-1.0%	159,8 k €	-8.9%	175,4 k €	-9.3%	193,4 k €	+1.4%	190,7 k €	+8.3%	176,1 k €	-13.0%	202,3 k €	-20.8%	255,3 k €	+17.0%	218,3 k €
EBITDA	72,6 k €	-58.5%	175,1 k €	+25.7%	139,3 k €	-27.6%	192,3 k €	+73.6%	110,8 k €	-11.8%	125,6 k €	-44.4%	226 k €	+8.9%	207,6 k €	-1.7%	211,3 k €	+15.8%	182,4 k €	+22.1%	149,3 k €	+16.3%	128,3 k €	-0.3%	128,8 k €	-7.6%	139,4 k €	-17.8%	169,6 k €	+1.7%	166,8 k €	+10.1%	151,4 k €	-14.4%	177 k €	-25.2%	236,6 k €	+19.7%	197,7 k €
Operating result	31,8 k €	-76.2%	134 k €	+33.8%	100,1 k €	-31.1%	145,3 k €	+128%	63,7 k €	-5.5%	67,4 k €	-54.6%	148,4 k €	+16.6%	127,3 k €	-5.4%	134,6 k €	+13.7%	118,4 k €	+42.2%	83,2 k €	+19.2%	69,8 k €	-3.8%	72,6 k €	-7.3%	78,3 k €	+0.5%	77,9 k €	-11.0%	87,6 k €	+11.3%	78,7 k €	-15.9%	93,6 k €	-44.0%	167,1 k €	+25.9%	132,8 k €
Net result	18,3 k €	-79.3%	88,2 k €	+44.0%	61,2 k €	-30.3%	87,9 k €	+56.8%	56,1 k €	+44.7%	38,7 k €	-62.8%	104,2 k €	+11.6%	93,4 k €	-25.9%	126,1 k €	+61.0%	78,3 k €	+54.0%	50,8 k €	+37.9%	36,9 k €	-1.6%	37,5 k €	-18.1%	45,7 k €	+26.6%	36,1 k €	-26.8%	49,3 k €	+33.5%	37 k €	-18.3%	45,3 k €	-59.1%	110,6 k €	+9.9%	100,7 k €
Balance sheet
Equity	647,2 k €	+2.8%	629,7 k €	+16.1%	542,4 k €	+12.5%	482 k €	-9.5%	532,7 k €	+2.1%	521,6 k €	+8.0%	482,9 k €	+16.5%	414,7 k €	+15.4%	359,2 k €	-10.9%	403,1 k €	+13.6%	354,8 k €	+16.7%	304 k €	+13.8%	267,1 k €	+9.2%	244,6 k €	+23.0%	198,9 k €	+22.2%	162,8 k €	+33.5%	121,9 k €	+43.5%	84,9 k €	+2.7%	82,7 k €	-52.2%	173,1 k €
Total assets	897,3 k €	-4.3%	937,9 k €	+6.8%	877,8 k €	-12.8%	1 M €	-2.6%	1 M €	+0.6%	1 M €	-8.2%	1,1 M €	-3.7%	1,2 M €	-5.3%	1,2 M €	+64.6%	745,3 k €	+1.7%	732,6 k €	+7.4%	682,2 k €	-3.2%	704,6 k €	+0.2%	703,2 k €	-6.3%	750,3 k €	+40.4%	534,3 k €	-2.5%	548,2 k €	-3.9%	570,6 k €	+2.9%	554,7 k €	-16.4%	663,9 k €
Cash	262,6 k €	+4.8%	250,5 k €	+68.0%	149,1 k €	-0.5%	149,8 k €	-10.6%	167,6 k €	-8.8%	183,8 k €	+53.0%	120,1 k €	+14.2%	105,2 k €	-50.7%	213,2 k €	+310%	51,9 k €	-54.2%	113,5 k €	+161%	43,4 k €	-13.0%	49,9 k €	-2.3%	51,1 k €	-30.7%	73,8 k €	+81.8%	40,6 k €	-46.6%	76 k €	+15.8%	65,6 k €	-19.9%	81,9 k €	+36.1%	60,2 k €
Debts	250,2 k €	-18.8%	308,2 k €	-8.1%	335,4 k €	-36.1%	524,9 k €	+4.7%	501,3 k €	-1.0%	506,4 k €	-20.4%	636,6 k €	-14.8%	747,3 k €	-13.8%	867,3 k €	+153%	342,2 k €	-9.4%	377,8 k €	-0.1%	378,2 k €	-11.5%	427,3 k €	-6.8%	458,6 k €	-16.8%	551,4 k €	+48.4%	371,5 k €	-12.9%	426,3 k €	-12.2%	485,7 k €	+2.9%	472 k €	-3.7%	490,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP		–		–		–		0,5 ETP	0.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Emmanuel Rombaut

Director · since 20 février 2023

Active

Ended mandates

Emmanuel ROMBAUT

Manager · since 19 septembre 2003

Ended

Emmanuel ROMBAUT

Manager

Ended

EMMANUEL ROMBAUT

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	29/08/2026	18/06/2025	06/08/2024	28/08/2023	31/08/2022	14/10/2021
General meeting	30/06/2026	18/06/2025	19/06/2024	21/06/2023	13/06/2022	12/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	29/08/2026	French	PDF
Micro model	31/12/2024	18/06/2025	18/06/2025	French	PDF
Micro model	31/12/2023	19/06/2024	06/08/2024	French	PDF
Micro model	31/12/2022	21/06/2023	28/08/2023	French	PDF
Micro model	31/12/2021	13/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	12/06/2021	14/10/2021	French	PDF
Abridged model	31/12/2019	12/06/2020	06/08/2020	French	PDF
Abridged model	31/12/2018	13/06/2019	14/08/2019	French	PDF
Abridged model	31/12/2017	12/06/2018	26/06/2018	French	PDF
Abridged model	31/12/2016	14/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	15/06/2016	18/08/2016	French	PDF
Abridged model	31/12/2014	17/06/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	18/06/2014	20/08/2014	French	PDF
Abridged model	31/12/2012	19/06/2013	27/06/2013	French	PDF
Abridged model	31/12/2011	20/06/2012	10/09/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	28/07/2011	French	PDF
Abridged model	31/12/2009	27/06/2010	22/07/2010	French	PDF
Abridged model	31/12/2008	28/06/2009	27/07/2009	French	PDF
Abridged model	31/12/2007	28/06/2008	15/07/2008	French	PDF
Abridged model	31/12/2006	03/09/2007	28/09/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 3 ended

Active mandates

Emmanuel Rombaut

Director · since 20 février 2023

Active

Ended mandates

Emmanuel ROMBAUT

Manager · since 19 septembre 2003

Ended

Emmanuel ROMBAUT

Manager

Ended

EMMANUEL ROMBAUT

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/01/2018
CAPITAL, ACTIONS
PDF
Capital / shares06/01/2014
CAPITAL, ACTIONS
PDF
Other27/12/2005
DIVERS
PDF
Other14/10/2003
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 202518,3 k €↓
2024
Annual accounts 202488,2 k €↑
2023
Annual accounts 202361,2 k €↓
2022
Annual accounts 202287,9 k €↑
2021
Annual accounts 202156,1 k €↑
2020
Annual accounts 202038,7 k €↓
2019
Annual accounts 2019104,2 k €↑
2018
Annual accounts 201893,4 k €↓
2017
Annual accounts 2017126,1 k €↑
2016
Annual accounts 201678,3 k €↑
2015
Annual accounts 201550,8 k €↑
2014
Annual accounts 201436,9 k €↓
2013
Annual accounts 201337,5 k €↓
2012
Annual accounts 201245,7 k €↑
2011
Annual accounts 201136,1 k €↓
2010
Annual accounts 201049,3 k €↑
2009
Annual accounts 200937 k €↓
2008
Annual accounts 200845,3 k €↓
2007
Annual accounts 2007110,6 k €↑
2006
Annual accounts 2006100,7 k €
07/10/2003
IncorporationPrivate 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

MANUCARE

Overview

What does MANUCARE do?

Trend over 20 financial years

Indicative valuation

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