DE MANESCHIJN: what changed
Two financial 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.
DE MANESCHIJN
Largest movements
- Receivables within one year +€20,927
up €20,927 (+56.7%), from €36,906 to €57,833
of which Trade receivables: +€20,731
- Cash +€2,958
up €2,958 (+59.8%), from €4,943 to €7,900
mainly Trade debts (+€17,077) and Tax, wage and social debts (+€4,712)
- Trade debts +€17,077
up €17,077 (+53.8%), from €31,739 to €48,816
- Tax, wage and social debts +€4,712
up €4,712 (+187%), from €2,521 to €7,233
of which Taxes: +€4,712
- Profit (loss) carried forward +€2,095
up €2,095 (+5.0%), from -€41,559 to -€39,464
- Gross operating margin -€10,198
down €10,198 (-77.8%), from €13,101 to €2,903
- Financial charges -€3,764
down €3,764 (-93.3%), from €4,033 to €269
- Financial income -€334
down €334 (-88.9%), from €376 to €42
- Taxes -€165
down €165 (-100%), from €165 to €0
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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,849 | €65,733 | +€23,884 | +57.1% |
| Current assets | 29/58 | €41,849 | €65,733 | +€23,884 | +57.1% |
| Amounts receivable within one year | 40/41 | €36,906 | €57,833 | +€20,927 | +56.7% |
| Trade receivables | 40 | €36,906 | €57,638 | +€20,731 | +56.2% |
| Other amounts receivable | 41 | - | €195 | +€195 | |
| Cash at bank and in hand | 54/58 | €4,943 | €7,900 | +€2,958 | +59.8% |
| Total equity and liabilities | 10/49 | €41,849 | €65,733 | +€23,884 | +57.1% |
| Equity | 10/15 | -€22,959 | -€20,864 | +€2,095 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,559 | -€39,464 | +€2,095 | +5.0% |
| Amounts payable | 17/49 | €64,808 | €86,597 | +€21,789 | +33.6% |
| Amounts payable within one year | 42/48 | €64,808 | €86,597 | +€21,789 | +33.6% |
| Trade debts | 44 | €31,739 | €48,816 | +€17,077 | +53.8% |
| Suppliers | 440/4 | €31,739 | €48,816 | +€17,077 | +53.8% |
| Taxes, remuneration and social security | 45 | €2,521 | €7,233 | +€4,712 | +187% |
| Taxes | 450/3 | €2,521 | €7,233 | +€4,712 | +187% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €30,548 | €30,548 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €611 | €580 | -€32 | -5.2% |
| Non-recurring operating charges | 66A | €1,282 | €0 | -€1,282 | -100% |
| Gross operating margin | 9900 | €13,101 | €2,903 | -€10,198 | -77.8% |
| Operating profit (loss) | 9901 | €11,207 | €2,323 | -€8,884 | -79.3% |
| Financial income | 75/76B | €376 | €42 | -€334 | -88.9% |
| Recurring financial income | 75 | €376 | €42 | -€334 | -88.9% |
| Financial charges | 65/66B | €4,033 | €269 | -€3,764 | -93.3% |
| Recurring financial charges | 65 | €4,033 | €269 | -€3,764 | -93.3% |
| Profit (loss) for the period before taxes | 9903 | €7,550 | €2,095 | -€5,454 | -72.2% |
| Income taxes | 67/77 | €165 | €0 | -€165 | -100% |
| Profit (loss) for the period | 9904 | €7,385 | €2,095 | -€5,289 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,385 | €2,095 | -€5,289 | -71.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.