ACTIVE

MANFORCE

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Financial year 2025 · closed on 31/12/2025
Net result
318,8 k €
+269.5% YoY
Gross margin
991,7 k €
-3.8% YoY
Equity
238,4 k €
+146.8% YoY
Workforce
8,1 ETP
+170.0% YoY

What does MANFORCE do?

MANFORCE is a Private limited company incorporated in 2024. Its main activity is: Construction of buildings. Its registered office is in Oostende. It employs on average 8,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 1015.052.936
Incorporation
25/09/2024
Legal form
Private limited company
Registered office
Annemie Brackxstraat 12
8400 Oostende · FlandreSee on map
Contributed capital
606 000,00 €
Latest accounts
31/12/2025
Average workforce
8,1 ETP
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings43341Painting and glazing43341Painting and glazing43350Building completion and finishing43390Other building completion and finishing
Joint committees (2)
  • 124
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin991,7 k €1 M €
EBITDA467,6 k €232,7 k €
Operating result377,7 k €120,9 k €
Net result318,8 k €86,3 k €
Balance sheet
Equity238,4 k €-509 k €
Total assets2,8 M €1,2 M €
Cash26 k €90,9 k €
Debts2,6 M €1,7 M €
Other
Workforce8,1 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

JJPT

Director · since 25 septembre 2024 · 1002.420.368

Represented by Buyse TOM

Active
Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202501/10/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months15 months
Filing date04/09/202624/10/2025
General meeting30/06/202630/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202604/09/2026DutchPDF
Abridged model31/12/202430/06/202524/10/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active

Active mandates

JJPT

Director · since 25 septembre 2024 · 1002.420.368

Represented by Buyse TOM

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares07/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other22/10/2024
    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

Timeline

  1. 2025
    Annual accounts 2025318,8 k €↑
  2. 2024
    Annual accounts 202486,3 k €
  3. 25/09/2024
    IncorporationPrivate limited company