DE MANSARDE: 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 MANSARDE
Largest movements
- Cash +€9,677
up €9,677 (+11.8%), from €82,341 to €92,018
mainly Depreciation (+€10,717) and Trade debts (+€7,481)
- Tangible fixed assets -€7,909
down €7,909 (-33.7%), from €23,472 to €15,564
of which Furniture and vehicles: -€7,255
- Receivables within one year -€4,698
down €4,698 (-47.5%), from €9,883 to €5,185
- Stocks and contracts -€2,218
down €2,218 (-19.1%), from €11,594 to €9,376
- Reserves -€11,031
down €11,031 (-15.8%), from €69,653 to €58,622
- Trade debts +€7,481
up €7,481 (+70.2%), from €10,660 to €18,141
- Debts after one year -€6,594
down €6,594 (-63.0%), from €10,470 to €3,876
- Other debts +€4,527
up €4,527 (+254%), from €1,782 to €6,308
- Gross operating margin -€10,088
down €10,088 (-15.0%), from €67,226 to €57,138
- Staff costs +€8,748
up €8,748 (+31.1%), from €28,163 to €36,911
- Taxes -€3,833
down €3,833 (-78.3%), from €4,897 to €1,063
- Other operating charges -€1,117
down €1,117 (-14.2%), from €7,892 to €6,775
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 | €127,897 | €122,732 | -€5,165 | -4.0% |
| Fixed assets | 21/28 | €23,472 | €15,564 | -€7,909 | -33.7% |
| Tangible fixed assets | 22/27 | €23,472 | €15,564 | -€7,909 | -33.7% |
| Plant, machinery and equipment | 23 | €1,081 | €415 | -€667 | -61.7% |
| Furniture and vehicles | 24 | €18,406 | €11,151 | -€7,255 | -39.4% |
| Other tangible fixed assets | 26 | €3,985 | €3,998 | +€13 | +0.3% |
| Current assets | 29/58 | €104,425 | €107,168 | +€2,743 | +2.6% |
| Stocks and contracts in progress | 3 | €11,594 | €9,376 | -€2,218 | -19.1% |
| Stocks | 30/36 | €11,594 | €9,376 | -€2,218 | -19.1% |
| Amounts receivable within one year | 40/41 | €9,883 | €5,185 | -€4,698 | -47.5% |
| Other amounts receivable | 41 | €9,883 | €5,185 | -€4,698 | -47.5% |
| Cash at bank and in hand | 54/58 | €82,341 | €92,018 | +€9,677 | +11.8% |
| Deferred charges and accrued income | 490/1 | €607 | €589 | -€18 | -2.9% |
| Total equity and liabilities | 10/49 | €127,897 | €122,732 | -€5,165 | -4.0% |
| Equity | 10/15 | €88,253 | €77,222 | -€11,031 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,653 | €58,622 | -€11,031 | -15.8% |
| Distributable reserves | 133 | €69,653 | €58,622 | -€11,031 | -15.8% |
| Amounts payable | 17/49 | €39,645 | €45,510 | +€5,866 | +14.8% |
| Amounts payable after more than one year | 17 | €10,470 | €3,876 | -€6,594 | -63.0% |
| Financial debts | 170/4 | €10,470 | €3,876 | -€6,594 | -63.0% |
| Amounts payable within one year | 42/48 | €29,175 | €41,634 | +€12,460 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €6,530 | €6,594 | +€64 | +1.0% |
| Trade debts | 44 | €10,660 | €18,141 | +€7,481 | +70.2% |
| Suppliers | 440/4 | €10,660 | €18,141 | +€7,481 | +70.2% |
| Taxes, remuneration and social security | 45 | €10,202 | €10,591 | +€389 | +3.8% |
| Taxes | 450/3 | €6,474 | €7,041 | +€567 | +8.8% |
| Remuneration and social security | 454/9 | €3,728 | €3,550 | -€178 | -4.8% |
| Other amounts payable | 47/48 | €1,782 | €6,308 | +€4,527 | +254% |
| Remuneration, social security and pensions | 62 | €28,163 | €36,911 | +€8,748 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,374 | €10,717 | +€343 | +3.3% |
| Other operating charges | 640/8 | €7,892 | €6,775 | -€1,117 | -14.2% |
| Gross operating margin | 9900 | €67,226 | €57,138 | -€10,088 | -15.0% |
| Operating profit (loss) | 9901 | €20,797 | €2,735 | -€18,062 | -86.9% |
| Financial charges | 65/66B | €329 | €258 | -€71 | -21.6% |
| Recurring financial charges | 65 | €329 | €258 | -€71 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €20,468 | €2,477 | -€17,991 | -87.9% |
| Income taxes | 67/77 | €4,897 | €1,063 | -€3,833 | -78.3% |
| Profit (loss) for the period | 9904 | €15,572 | €1,414 | -€14,158 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,572 | €1,414 | -€14,158 | -90.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.