ACTIVE

MANEXTENSO

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Financial year 2025 · closed on 30/09/2025

Net result

-5,4 k €

+88.6% YoY

Gross margin

57,5 k €

-19.7% YoY

Equity

605,2 k €

-0.9% YoY

What does MANEXTENSO do?

MANEXTENSO is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Schelle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.224.090

Incorporation

16/12/2003

Legal form

Private limited company

Registered office

Koekoekstraat 72
2627 Schelle · FlandreSee on map

Contributed capital

600 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 64200Activities of holding companies 64210Activities of holding companies 68201Rental and operating of own or leased real estate+3

Signals

Good liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	57,5 k €	-19.7%	71,6 k €	+14.4%	62,6 k €	-4.7%	65,7 k €	-8.6%	71,8 k €	+1.2%	71 k €	+23.0%	57,7 k €	-51.3%	118,4 k €	+18.0%	100,4 k €	-7.0%	107,9 k €	+10.4%	97,7 k €	+17.8%	83 k €	-12.5%	94,8 k €	+14.3%	82,9 k €	+14.5%	72,4 k €	+25.6%	57,6 k €	+47.8%	39 k €	+15.6%	33,7 k €	-3.9%	35,1 k €
EBITDA	46 k €	-29.7%	65,5 k €	+47.9%	44,3 k €	-26.2%	60 k €	-9.9%	66,6 k €	-1.7%	67,7 k €	+27.8%	52,9 k €	-53.7%	114,3 k €	+19.3%	95,8 k €	-10.5%	106,9 k €	+11.9%	95,6 k €	+20.6%	79,3 k €	-14.1%	92,3 k €	+14.0%	81 k €	+15.9%	69,8 k €	+24.2%	56,2 k €	+50.5%	37,3 k €	+20.5%	31 k €	-8.1%	33,7 k €
Operating result	6,6 k €	-33.4%	9,9 k €	+171%	-13,9 k €	+48.6%	-27 k €	-215%	23,4 k €	-21.2%	29,8 k €	+68.1%	17,7 k €	-60.7%	45,1 k €	+72.1%	26,2 k €	+32.3%	19,8 k €	-24.5%	26,2 k €	-1.7%	26,7 k €	-63.9%	73,9 k €	+39.6%	53 k €	+252%	15 k €	-50.3%	30,2 k €	-15.5%	35,8 k €	+100%	17,8 k €	-33.8%	27 k €
Net result	-5,4 k €	+88.6%	-47,4 k €	+26.6%	-64,6 k €	-4.7%	-61,7 k €	-811%	8,7 k €	-38.1%	14 k €	+80.0%	7,8 k €	-74.2%	30,2 k €	+93.6%	15,6 k €	+42.6%	10,9 k €	-52.6%	23,1 k €	+0.9%	22,9 k €	-57.3%	53,6 k €	+36.4%	39,3 k €	+228%	12 k €	-45.7%	22,1 k €	-31.8%	32,4 k €	+64.4%	19,7 k €	-20.3%	24,7 k €
Balance sheet
Equity	605,2 k €	-0.9%	610,6 k €	-7.2%	658,1 k €	-8.9%	722,7 k €	-7.9%	784,4 k €	+1.1%	775,7 k €	+1.8%	761,7 k €	+1.0%	753,9 k €	+79.1%	421 k €	+3.8%	405,4 k €	+2.8%	394,4 k €	+6.2%	371,4 k €	+414%	72,2 k €	-78.2%	330,7 k €	+12.5%	293,9 k €	+3.4%	284,3 k €	+7.4%	264,7 k €	+13.9%	232,3 k €	+9.3%	212,6 k €
Total assets	2,9 M €	-2.2%	2,9 M €	-2.9%	3 M €	+3.5%	2,9 M €	+35.4%	2,2 M €	+21.5%	1,8 M €	+4.4%	1,7 M €	+15.2%	1,5 M €	+65.2%	896 k €	-7.6%	969,8 k €	+33.3%	727,7 k €	+41.2%	515,2 k €	+11.0%	464,2 k €	-1.4%	470,7 k €	+20.1%	391,9 k €	+30.6%	300,1 k €	+4.1%	288,3 k €	+10.7%	260,4 k €	+14.0%	228,5 k €
Cash	7,7 k €	-11.9%	8,8 k €	-13.1%	10,1 k €	+40.3%	7,2 k €	-73.6%	27,3 k €	-37.9%	44 k €	-20.4%	55,2 k €	-58.7%	133,7 k €	+4962%	2,6 k €	-88.5%	23 k €	+770%	2,6 k €	-86.3%	19,3 k €	+9.2%	17,7 k €	+41.6%	12,5 k €	-12.9%	14,3 k €	-26.5%	19,5 k €	-91.8%	236,9 k €	+15.2%	205,6 k €	-4.1%	214,3 k €
Debts	2,2 M €	-2.6%	2,2 M €	-3.6%	2,3 M €	+6.2%	2,2 M €	+58.8%	1,4 M €	+37.2%	999,3 k €	+6.2%	941,1 k €	+29.9%	724,6 k €	+53.4%	472,4 k €	-15.7%	560,6 k €	+68.7%	332,2 k €	+134%	141,8 k €	-63.4%	387,4 k €	+191%	133,1 k €	+39.2%	95,6 k €	+574%	14,2 k €	-34.8%	21,7 k €	-17.8%	26,4 k €	+73.6%	15,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Bert Niclaes

Mandate

Active

Ended mandates

Bert Niclaes

Manager

Ended

Niclaes Bert

Mandate

Ended

At this address

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Toontjeshuis VZW● Active	0675.644.293
Toontjeshuizen● Active	0675.683.588

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	27/04/2024	02/04/2023	01/05/2022	30/04/2021
General meeting	31/03/2026	31/03/2025	26/03/2024	03/03/2023	31/03/2022	31/03/2021
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
Abridged model	30/09/2025	31/03/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	31/03/2025	30/04/2025	Dutch	PDF
Abridged model	30/09/2023	26/03/2024	27/04/2024	Dutch	PDF
Abridged model	30/09/2022	03/03/2023	02/04/2023	Dutch	PDF
Abridged model	30/09/2021	31/03/2022	01/05/2022	Dutch	PDF
Abridged model	30/09/2020	31/03/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	06/03/2020	31/03/2020	Dutch	PDF
Abridged model	30/09/2018	01/03/2019	30/03/2019	Dutch	PDF
Abridged model	30/09/2017	23/03/2018	19/04/2018	Dutch	PDF
Abridged model	30/09/2016	04/03/2017	03/04/2017	Dutch	PDF
Abridged model	30/09/2015	15/03/2016	10/04/2016	Dutch	PDF
Abridged model	30/09/2014	16/03/2015	28/03/2015	Dutch	PDF
Abridged model	30/09/2013	07/03/2014	07/04/2014	Dutch	PDF
Abridged model	30/09/2012	16/12/2012	16/12/2012	Dutch	PDF
Abridged model	30/09/2011	16/12/2011	15/01/2012	Dutch	PDF
Abridged model	30/09/2010	04/03/2011	28/03/2011	Dutch	PDF
Abridged model	30/09/2009	19/03/2010	13/04/2010	Dutch	PDF
Abridged model	30/09/2008	06/03/2009	20/03/2009	Dutch	PDF
Abridged model	30/09/2007	14/03/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	02/03/2007	29/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/09/2025 · 1 active · 2 ended

Active mandates

Bert Niclaes

Mandate

Active

Ended mandates

Bert Niclaes

Manager

Ended

Niclaes Bert

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/10/2018
KAPITAAL - AANDELEN
PDF
Capital / shares15/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office15/01/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other23/12/2003
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

2025
Annual accounts 2025-5,4 k €↑
2024
Annual accounts 2024-47,4 k €↑
2023
Annual accounts 2023-64,6 k €↓
2022
Annual accounts 2022-61,7 k €↓
2021
Annual accounts 20218,7 k €↓
2020
Annual accounts 202014 k €↑
2019
Annual accounts 20197,8 k €↓
2018
Annual accounts 201830,2 k €↑
2017
Annual accounts 201715,6 k €↑
2016
Annual accounts 201610,9 k €↓
2015
Annual accounts 201523,1 k €↑
2014
Annual accounts 201422,9 k €↓
2013
Annual accounts 201353,6 k €↑
2012
Annual accounts 201239,3 k €↑
2011
Annual accounts 201112 k €↓
2010
Annual accounts 201022,1 k €↓
2009
Annual accounts 200932,4 k €↑
2008
Annual accounts 200819,7 k €↓
2007
Annual accounts 200724,7 k €
16/12/2003
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

MANEXTENSO

Overview

What does MANEXTENSO do?

Trend over 19 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