HUIS MANENDONCKX: 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.
What changed
HUIS MANENDONCKX
NACE 95.210, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€39,718
2024 · €8,754-€48,471
Equity
€204,829
2024 · €244,546-€39,718
Cash
€116,710
2024 · €117,575-€865
Balance sheet total
€1.6m
2024 · €1.7m-€107,392
Largest movements
Assets
- Tangible fixed assets -€126,135
down €126,135 (-10.7%), from €1.2m to €1.1m
of which Land and buildings: -€63,894
- Receivables within one year +€27,992
up €27,992 (+30.9%), from €90,661 to €118,653
of which Trade receivables: +€25,925
Equity and liabilities
- Debts after one year -€108,066
down €108,066 (-10.3%), from €1.0m to €938,607
of which Financial debts: -€108,066
- Profit (loss) carried forward -€36,944
down €36,944, from €0 to -€36,944
- Trade debts +€30,596
up €30,596 (+29.2%), from €104,713 to €135,309
Income statement
- Gross operating margin -€38,195
down €38,195 (-15.4%), from €247,417 to €209,223
- Depreciation +€6,489
up €6,489 (+4.8%), from €135,624 to €142,112
- Taxes -€3,631
down €3,631 (-91.6%), from €3,963 to €332
- Staff costs +€3,576
up €3,576 (+5.9%), from €60,176 to €63,752
- Financial charges +€3,101
up €3,101 (+9.1%), from €34,254 to €37,355
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.
Result 2024
€8,754
Gross operating margin
-€38,195
Staff costs
-€3,576
Depreciation
-€6,489
Other operating charges
-€138
Financial income
-€604
Financial charges
-€3,101
Taxes
+€3,631
Result 2025
-€39,718
raises the resultlowers the result
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.
From operations
+€119,312
Investment
-€14,977
Financing
-€105,200
Cash 2024
€117,575
From operations (derived)
+€119,312
Net result for the year
-€39,718
Depreciation
+€142,112
Stocks and contracts
+€7,196
Receivables within one year
-€27,992
Smaller working-capital items
-€108
Trade debts
+€30,596
Tax, wage and social debts
+€818
Advances received
+€666
Other debts
+€5,742
Investment (derived)
-€14,977
Investment in fixed assets (net)
-€14,977
Financing
-€105,200
Debts after one year
-€108,066
Current portion of long-term debt
+€2,865
Cash 2025
€116,710
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,704,834 | €1,597,442 | -€107,392 | -6.3% |
| Fixed assets | 21/28 | €1,188,262 | €1,061,127 | -€127,135 | -10.7% |
| Intangible fixed assets | 21 | €1,083 | €83 | -€1,000 | -92.3% |
| Tangible fixed assets | 22/27 | €1,183,128 | €1,056,993 | -€126,135 | -10.7% |
| Land and buildings | 22 | €806,986 | €743,092 | -€63,894 | -7.9% |
| Plant, machinery and equipment | 23 | €63,389 | €52,031 | -€11,357 | -17.9% |
| Furniture and vehicles | 24 | €61,504 | €44,121 | -€17,384 | -28.3% |
| Leasing and similar rights | 25 | €251,250 | €217,750 | -€33,500 | -13.3% |
| Financial fixed assets | 28 | €4,050 | €4,050 | = | 0.0% |
| Current assets | 29/58 | €516,572 | €536,315 | +€19,743 | +3.8% |
| Stocks and contracts in progress | 3 | €294,269 | €287,074 | -€7,196 | -2.4% |
| Stocks | 30/36 | €294,269 | €287,074 | -€7,196 | -2.4% |
| Amounts receivable within one year | 40/41 | €90,661 | €118,653 | +€27,992 | +30.9% |
| Trade receivables | 40 | €86,248 | €112,173 | +€25,925 | +30.1% |
| Other amounts receivable | 41 | €4,413 | €6,480 | +€2,067 | +46.8% |
| Current investments | 50/53 | €230 | €230 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €117,575 | €116,710 | -€865 | -0.7% |
| Deferred charges and accrued income | 490/1 | €13,837 | €13,649 | -€187 | -1.4% |
| Total equity and liabilities | 10/49 | €1,704,834 | €1,597,442 | -€107,392 | -6.3% |
| Equity | 10/15 | €244,546 | €204,829 | -€39,718 | -16.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €119,546 | €116,773 | -€2,773 | -2.3% |
| Distributable reserves | 133 | €119,546 | €116,773 | -€2,773 | -2.3% |
| Profit (loss) carried forward | 14 | €0 | -€36,944 | -€36,944 | |
| Amounts payable | 17/49 | €1,460,287 | €1,392,614 | -€67,674 | -4.6% |
| Amounts payable after more than one year | 17 | €1,046,673 | €938,607 | -€108,066 | -10.3% |
| Financial debts | 170/4 | €689,673 | €581,607 | -€108,066 | -15.7% |
| Other amounts payable | 178/9 | €357,000 | €357,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €413,071 | €453,758 | +€40,687 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €105,200 | €108,066 | +€2,865 | +2.7% |
| Trade debts | 44 | €104,713 | €135,309 | +€30,596 | +29.2% |
| Suppliers | 440/4 | €104,713 | €135,309 | +€30,596 | +29.2% |
| Advances received on contracts in progress | 46 | €2,408 | €3,074 | +€666 | +27.7% |
| Taxes, remuneration and social security | 45 | €67,818 | €68,637 | +€818 | +1.2% |
| Taxes | 450/3 | €54,251 | €58,949 | +€4,698 | +8.7% |
| Remuneration and social security | 454/9 | €13,567 | €9,688 | -€3,880 | -28.6% |
| Other amounts payable | 47/48 | €132,932 | €138,673 | +€5,742 | +4.3% |
| Accrued charges and deferred income | 492/3 | €543 | €248 | -€295 | -54.3% |
| Non-recurring operating income | 76A | - | €6,818 | +€6,818 | |
| Remuneration, social security and pensions | 62 | €60,176 | €63,752 | +€3,576 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,624 | €142,112 | +€6,489 | +4.8% |
| Other operating charges | 640/8 | €5,727 | €5,865 | +€138 | +2.4% |
| Gross operating margin | 9900 | €247,417 | €209,223 | -€38,195 | -15.4% |
| Operating profit (loss) | 9901 | €45,890 | -€2,507 | -€48,397 | |
| Financial income | 75/76B | €1,081 | €477 | -€604 | -55.9% |
| Recurring financial income | 75 | €1,081 | €477 | -€604 | -55.9% |
| Financial charges | 65/66B | €34,254 | €37,355 | +€3,101 | +9.1% |
| Recurring financial charges | 65 | €34,254 | €37,355 | +€3,101 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €12,717 | -€39,386 | -€52,102 | |
| Income taxes | 67/77 | €3,963 | €332 | -€3,631 | -91.6% |
| Profit (loss) for the period | 9904 | €8,754 | -€39,718 | -€48,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,754 | -€39,718 | -€48,471 |
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 28 October 2026 via checked.be.