EB ManSol: 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.
EB ManSol
Largest movements
- Current investments +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Cash -€19,263
down €19,263 (-10.0%), from €192,912 to €173,648
mainly Current investments (-€100,000) and Receivables within one year (-€8,759)
- Receivables within one year +€8,759
up €8,759 (+44.3%), from €19,771 to €28,530
of which Trade receivables: +€8,115
- Reserves +€93,702
up €93,702 (+37.8%), from €248,172 to €341,874
- Tax, wage and social debts -€7,626
down €7,626 (-11.7%), from €65,091 to €57,465
of which Taxes: -€7,626
- Gross operating margin -€24,308
down €24,308 (-15.3%), from €158,367 to €134,059
- Taxes -€6,193
down €6,193 (-13.8%), from €44,841 to €38,647
- Financial income +€3,011
up €3,011 (+1783.0%), from €169 to €3,180
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
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 | €325,086 | €412,093 | +€87,007 | +26.8% |
| Fixed assets | 21/28 | €5,121 | €6,658 | +€1,537 | +30.0% |
| Tangible fixed assets | 22/27 | €5,121 | €6,658 | +€1,537 | +30.0% |
| Furniture and vehicles | 24 | €4,004 | €5,924 | +€1,920 | +48.0% |
| Other tangible fixed assets | 26 | €1,117 | €733 | -€384 | -34.3% |
| Current assets | 29/58 | €319,966 | €405,436 | +€85,470 | +26.7% |
| Amounts receivable within one year | 40/41 | €19,771 | €28,530 | +€8,759 | +44.3% |
| Trade receivables | 40 | €19,536 | €27,651 | +€8,115 | +41.5% |
| Other amounts receivable | 41 | €235 | €880 | +€644 | +273.9% |
| Current investments | 50/53 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €192,912 | €173,648 | -€19,263 | -10.0% |
| Deferred charges and accrued income | 490/1 | €7,283 | €3,257 | -€4,026 | -55.3% |
| Total equity and liabilities | 10/49 | €325,086 | €412,093 | +€87,007 | +26.8% |
| Equity | 10/15 | €258,172 | €351,874 | +€93,702 | +36.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €248,172 | €341,874 | +€93,702 | +37.8% |
| Distributable reserves | 133 | €248,172 | €341,874 | +€93,702 | +37.8% |
| Amounts payable | 17/49 | €66,915 | €60,219 | -€6,695 | -10.0% |
| Amounts payable within one year | 42/48 | €66,230 | €59,808 | -€6,421 | -9.7% |
| Trade debts | 44 | €1,139 | €2,343 | +€1,204 | +105.7% |
| Suppliers | 440/4 | €1,139 | €2,343 | +€1,204 | +105.7% |
| Taxes, remuneration and social security | 45 | €65,091 | €57,465 | -€7,626 | -11.7% |
| Taxes | 450/3 | €61,691 | €54,065 | -€7,626 | -12.4% |
| Remuneration and social security | 454/9 | €3,400 | €3,400 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €685 | €411 | -€274 | -40.0% |
| Remuneration, social security and pensions | 62 | €1,117 | €0 | -€1,117 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,007 | €2,367 | -€640 | -21.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Non-recurring operating charges | 66A | - | €372 | +€372 | |
| Gross operating margin | 9900 | €158,367 | €134,059 | -€24,308 | -15.3% |
| Operating profit (loss) | 9901 | €154,126 | €131,201 | -€22,925 | -14.9% |
| Financial income | 75/76B | €169 | €3,180 | +€3,011 | +1783.0% |
| Recurring financial income | 75 | €169 | €3,180 | +€3,011 | +1783.0% |
| Financial charges | 65/66B | €2,689 | €2,031 | -€658 | -24.5% |
| Recurring financial charges | 65 | €2,689 | €2,031 | -€658 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €151,605 | €132,350 | -€19,256 | -12.7% |
| Income taxes | 67/77 | €44,841 | €38,647 | -€6,193 | -13.8% |
| Profit (loss) for the period | 9904 | €106,765 | €93,702 | -€13,062 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €106,765 | €93,702 | -€13,062 | -12.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.