ACTIVE

MANAS

Financial year 2025 · Closed on 31/12/2025

Net result
22,8 k €
-48,6 %over 1 year
Gross margin
52 k €
-34,2 %over 1 year
Equity
346,8 k €
-8,8 %over 1 year

Identity

Source · BCE/KBO

MANAS is a Private limited company incorporated in 2005. Its registered office is in Kuurne.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.864.648
Incorporation
13/12/2005
Legal form
Private limited company
Registered office
Koning Boudewijnstraat 123
8520 Kuurne · FlandreSee on map
Contributed capital
43 100,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin52 k €79 k €82,6 k €58,8 k €62,2 k €
EBITDA51,4 k €78 k €81,6 k €58,2 k €61,8 k €
Operating result38,8 k €65,5 k €69,6 k €58,2 k €45,5 k €
Net result22,8 k €44,3 k €51,7 k €43,5 k €32 k €
Balance sheet
Equity346,8 k €380,1 k €335,8 k €284,1 k €240,6 k €
Total assets556,8 k €602,8 k €562,3 k €474 k €444,8 k €
Cash313,3 €868 €1,9 k €1,4 k €11,1 k €
Debts34,5 k €53,1 k €56,4 k €20 k €34,3 k €
Other
Workforce––0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Nadine Maes

Director · since 26 novembre 2005

Active

Ended mandates

Nadine Maes

Director

Ended
Nadine Maes

Manager

Ended

Other companies at this address

Koning Boudewijnstraat 123 8520 Kuurne
CompanyCBE no.
B. NOLLET & CO● Active
0436.502.671

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/06/202630/06/202509/07/202418/07/202312/07/202217/05/2021
General meeting09/05/202628/06/202530/06/202430/06/202330/06/202208/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/05/202604/06/2026DutchPDF
Abridged model31/12/202428/06/202530/06/2025DutchPDF
Abridged model31/12/202330/06/202409/07/2024DutchPDF
Abridged model31/12/202230/06/202318/07/2023DutchPDF
Abridged model31/12/202130/06/202212/07/2022DutchPDF
Abridged model31/12/202008/05/202117/05/2021DutchPDF
Abridged model31/12/201930/06/202028/07/2020DutchPDF
Abridged model31/12/201829/06/201925/07/2019DutchPDF
Abridged model31/12/201730/06/201830/07/2018DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Nadine Maes

Director · since 26 novembre 2005

Active

Ended mandates

Nadine Maes

Director

Ended
Nadine Maes

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office01/02/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/10/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring23/11/2016
    BOEKJAAR - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring04/10/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares23/05/2016
    KAPITAAL - AANDELEN
    PDF
  • Registered office23/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office15/03/2007
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202522,8 k €↓
  2. 2024
    Annual accounts 202444,3 k €↓
  3. 2023
    Annual accounts 202351,7 k €↑
  4. 2022
    Annual accounts 202243,5 k €↑
  5. 2021
    Annual accounts 202132 k €↓
  6. 2020
    Annual accounts 202036,9 k €↑
  7. 2019
    Annual accounts 201910,8 k €↑
  8. 2018
    Annual accounts 20188 k €
  9. 13/12/2005
    IncorporationPrivate limited company