LE MANOIR: 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.
LE MANOIR
Largest movements
- Tangible fixed assets -€322,232
down €322,232 (-76.6%), from €420,432 to €98,200
of which Land and buildings: -€343,052
- Cash -€57,514
down €57,514 (-26.8%), from €214,740 to €157,226
mainly Current portion of long-term debt (-€200,000) and Net result for the year (-€92,903)
- Current portion of long-term debt -€200,000
down €200,000 (-71.4%), from €280,000 to €80,000
- Profit (loss) carried forward -€92,903
down €92,903 (-86.9%), from -€106,912 to -€199,815
- Debts after one year -€80,000
down €80,000 (-7.8%), from €1.0m to €950,000
- Other operating charges +€68,155
up €68,155 (+1,753%), from €3,888 to €72,043
- Gross operating margin -€43,711
down €43,711, from €40,952 to -€2,759
- Financial charges -€6,767
down €6,767 (-23.8%), from €28,484 to €21,718
- Depreciation -€1,136
down €1,136 (-6.5%), from €17,528 to €16,392
- Staff costs -€765
no longer reported in 2025 (was €765)
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 | €1,734,870 | €1,373,667 | -€361,203 | -20.8% |
| Fixed assets | 21/28 | €420,432 | €98,200 | -€322,232 | -76.6% |
| Tangible fixed assets | 22/27 | €420,432 | €98,200 | -€322,232 | -76.6% |
| Land and buildings | 22 | €418,573 | €75,521 | -€343,052 | -82.0% |
| Plant, machinery and equipment | 23 | - | €2,073 | +€2,073 | |
| Furniture and vehicles | 24 | €1,859 | €20,606 | +€18,747 | +1,008% |
| Current assets | 29/58 | €1,314,438 | €1,275,466 | -€38,971 | -3.0% |
| Amounts receivable within one year | 40/41 | €6,884 | €10,870 | +€3,986 | +57.9% |
| Other amounts receivable | 41 | €6,884 | €10,870 | +€3,986 | +57.9% |
| Current investments | 50/53 | €1,092,813 | €1,106,820 | +€14,007 | +1.3% |
| Cash at bank and in hand | 54/58 | €214,740 | €157,226 | -€57,514 | -26.8% |
| Deferred charges and accrued income | 490/1 | - | €551 | +€551 | |
| Total equity and liabilities | 10/49 | €1,734,870 | €1,373,667 | -€361,203 | -20.8% |
| Equity | 10/15 | €140,886 | €47,983 | -€92,903 | -65.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €227,798 | €227,798 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €225,798 | €225,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,912 | -€199,815 | -€92,903 | -86.9% |
| Amounts payable | 17/49 | €1,593,984 | €1,325,683 | -€268,301 | -16.8% |
| Amounts payable after more than one year | 17 | €1,030,000 | €950,000 | -€80,000 | -7.8% |
| Financial debts | 170/4 | €1,030,000 | €950,000 | -€80,000 | -7.8% |
| Amounts payable within one year | 42/48 | €563,946 | €375,683 | -€188,263 | -33.4% |
| Current portion of amounts payable after more than one year | 42 | €280,000 | €80,000 | -€200,000 | -71.4% |
| Trade debts | 44 | €5,003 | €17,837 | +€12,833 | +256% |
| Suppliers | 440/4 | €5,003 | €17,837 | +€12,833 | +256% |
| Taxes, remuneration and social security | 45 | €1,125 | €1,125 | = | 0.0% |
| Taxes | 450/3 | €1,125 | €1,125 | = | 0.0% |
| Other amounts payable | 47/48 | €277,818 | €276,721 | -€1,097 | -0.4% |
| Accrued charges and deferred income | 492/3 | €38 | - | -€38 | |
| Remuneration, social security and pensions | 62 | €765 | - | -€765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,528 | €16,392 | -€1,136 | -6.5% |
| Other operating charges | 640/8 | €3,888 | €72,043 | +€68,155 | +1,753% |
| Gross operating margin | 9900 | €40,952 | -€2,759 | -€43,711 | |
| Operating profit (loss) | 9901 | €18,770 | -€91,194 | -€109,964 | |
| Financial income | 75/76B | €20,586 | €20,009 | -€577 | -2.8% |
| Recurring financial income | 75 | €20,586 | €20,009 | -€577 | -2.8% |
| Financial charges | 65/66B | €28,484 | €21,718 | -€6,767 | -23.8% |
| Recurring financial charges | 65 | €28,484 | €21,718 | -€6,767 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €10,872 | -€92,903 | -€103,774 | |
| Profit (loss) for the period | 9904 | €10,872 | -€92,903 | -€103,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,872 | -€92,903 | -€103,774 |
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.