1MANIAC: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
1MANIAC
Largest movements
- Stocks and contracts +€940,344
up €940,344 (+25.0%), from €3.8m to €4.7m
- Deferred charges and accrued income +€148,359
up €148,359 (+1202.4%), from €12,339 to €160,698
- Advances received +€500,000
new in 2025: €500,000
- Debts after one year +€485,494
up €485,494 (+17.0%), from €2.9m to €3.3m
- Trade debts +€403,114
up €403,114 (+4897.3%), from €8,231 to €411,346
- Reserves -€315,192
down €315,192 (-70.4%), from €447,795 to €132,602
- Financial charges +€58,768
up €58,768 (+89.8%), from €65,447 to €124,215
- Taxes +€7,498
new in 2025: €7,498
- Gross operating margin -€6,207
down €6,207 (-4.0%), from -€156,577 to -€162,784
- Other operating charges +€5,540
up €5,540 (+3943.1%), from €141 to €5,681
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,853,129 | €4,907,666 | +€1.1m | +27.4% |
| Fixed assets | 21/28 | €66,030 | €37,062 | -€28,968 | -43.9% |
| Tangible fixed assets | 22/27 | €66,030 | €37,062 | -€28,968 | -43.9% |
| Plant, machinery and equipment | 23 | €30,077 | €10,574 | -€19,503 | -64.8% |
| Other tangible fixed assets | 26 | €35,953 | €26,488 | -€9,465 | -26.3% |
| Current assets | 29/58 | €3,787,099 | €4,870,604 | +€1.1m | +28.6% |
| Stocks and contracts in progress | 3 | €3,765,693 | €4,706,037 | +€940,344 | +25.0% |
| Stocks | 30/36 | €3,765,693 | €4,706,037 | +€940,344 | +25.0% |
| Amounts receivable within one year | 40/41 | €9,067 | €3,869 | -€5,198 | -57.3% |
| Trade receivables | 40 | €201 | €2,510 | +€2,309 | +1150.0% |
| Other amounts receivable | 41 | €8,866 | €1,359 | -€7,506 | -84.7% |
| Deferred charges and accrued income | 490/1 | €12,339 | €160,698 | +€148,359 | +1202.4% |
| Total equity and liabilities | 10/49 | €3,853,129 | €4,907,666 | +€1.1m | +27.4% |
| Equity | 10/15 | €947,795 | €632,602 | -€315,192 | -33.3% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €447,795 | €132,602 | -€315,192 | -70.4% |
| Distributable reserves | 133 | €447,795 | €132,602 | -€315,192 | -70.4% |
| Amounts payable | 17/49 | €2,905,334 | €4,275,063 | +€1.4m | +47.1% |
| Amounts payable after more than one year | 17 | €2,856,655 | €3,342,149 | +€485,494 | +17.0% |
| Financial debts | 170/4 | €2,856,655 | €3,342,149 | +€485,494 | +17.0% |
| Amounts payable within one year | 42/48 | €48,679 | €932,915 | +€884,235 | +1816.4% |
| Financial debts | 43 | €39,546 | €17,786 | -€21,759 | -55.0% |
| Credit institutions | 430/8 | €39,546 | €17,786 | -€21,759 | -55.0% |
| Trade debts | 44 | €8,231 | €411,346 | +€403,114 | +4897.3% |
| Suppliers | 440/4 | €8,231 | €411,346 | +€403,114 | +4897.3% |
| Advances received on contracts in progress | 46 | - | €500,000 | +€500,000 | |
| Taxes, remuneration and social security | 45 | - | €3,782 | +€3,782 | |
| Taxes | 450/3 | - | €3,782 | +€3,782 | |
| Other amounts payable | 47/48 | €902 | - | -€902 | |
| Non-recurring operating income | 76A | - | €10,762 | +€10,762 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,769 | €14,533 | +€764 | +5.6% |
| Other operating charges | 640/8 | €141 | €5,681 | +€5,540 | +3943.1% |
| Non-recurring operating charges | 66A | - | €550 | +€550 | |
| Gross operating margin | 9900 | -€156,577 | -€162,784 | -€6,207 | -4.0% |
| Operating profit (loss) | 9901 | -€170,486 | -€183,547 | -€13,061 | -7.7% |
| Financial income | 75/76B | - | €68 | +€68 | |
| Recurring financial income | 75 | - | €68 | +€68 | |
| Financial charges | 65/66B | €65,447 | €124,215 | +€58,768 | +89.8% |
| Recurring financial charges | 65 | €65,447 | €124,215 | +€58,768 | +89.8% |
| Profit (loss) for the period before taxes | 9903 | -€235,933 | -€307,694 | -€71,761 | -30.4% |
| Income taxes | 67/77 | - | €7,498 | +€7,498 | |
| Profit (loss) for the period | 9904 | -€235,933 | -€315,192 | -€79,260 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€235,933 | -€315,192 | -€79,260 | -33.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.