MAANA MUUNDO: 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.
MAANA MUUNDO
Largest movements
- Cash -€21,807
down €21,807 (-18.3%), from €119,009 to €97,203
mainly Other debts (-€42,827) and Investment in fixed assets (net) (-€4,862)
- Receivables within one year -€4,855
down €4,855 (-41.2%), from €11,780 to €6,925
of which Trade receivables: -€10,874
- Tangible fixed assets +€3,426
up €3,426 (+122%), from €2,806 to €6,232
of which Other tangible fixed assets: +€2,476
- Other debts -€42,827
no longer reported in 2026 (was €42,827)
- Tax, wage and social debts +€18,865
up €18,865 (+137%), from €13,778 to €32,643
- Gross operating margin -€45,636
down €45,636 (-87.0%), from €52,443 to €6,807
- Taxes -€9,145
down €9,145 (-85.4%), from €10,703 to €1,557
- Other operating charges +€1,298
up €1,298 (+135%), from €958 to €2,256
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,430 | €112,618 | -€22,812 | -16.8% |
| Fixed assets | 21/28 | €2,806 | €6,482 | +€3,676 | +131% |
| Tangible fixed assets | 22/27 | €2,806 | €6,232 | +€3,426 | +122% |
| Furniture and vehicles | 24 | €2,806 | €3,756 | +€950 | +33.9% |
| Other tangible fixed assets | 26 | - | €2,476 | +€2,476 | |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €132,624 | €106,136 | -€26,489 | -20.0% |
| Amounts receivable within one year | 40/41 | €11,780 | €6,925 | -€4,855 | -41.2% |
| Trade receivables | 40 | €11,231 | €357 | -€10,874 | -96.8% |
| Other amounts receivable | 41 | €549 | €6,568 | +€6,019 | +1,096% |
| Cash at bank and in hand | 54/58 | €119,009 | €97,203 | -€21,807 | -18.3% |
| Deferred charges and accrued income | 490/1 | €1,835 | €2,008 | +€173 | +9.4% |
| Total equity and liabilities | 10/49 | €135,430 | €112,618 | -€22,812 | -16.8% |
| Equity | 10/15 | €78,825 | €79,684 | +€859 | +1.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,325 | €77,184 | +€859 | +1.1% |
| Amounts payable | 17/49 | €56,605 | €32,934 | -€23,671 | -41.8% |
| Amounts payable within one year | 42/48 | €56,605 | €32,934 | -€23,671 | -41.8% |
| Trade debts | 44 | - | €291 | +€291 | |
| Suppliers | 440/4 | - | €291 | +€291 | |
| Taxes, remuneration and social security | 45 | €13,778 | €32,643 | +€18,865 | +137% |
| Taxes | 450/3 | €13,778 | €32,643 | +€18,865 | +137% |
| Other amounts payable | 47/48 | €42,827 | - | -€42,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,171 | €1,186 | +€15 | +1.3% |
| Other operating charges | 640/8 | €958 | €2,256 | +€1,298 | +135% |
| Non-recurring operating charges | 66A | - | €387 | +€387 | |
| Gross operating margin | 9900 | €52,443 | €6,807 | -€45,636 | -87.0% |
| Operating profit (loss) | 9901 | €50,314 | €2,978 | -€47,336 | -94.1% |
| Financial charges | 65/66B | €573 | €562 | -€11 | -1.9% |
| Recurring financial charges | 65 | €573 | €562 | -€11 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €49,742 | €2,416 | -€47,326 | -95.1% |
| Income taxes | 67/77 | €10,703 | €1,557 | -€9,145 | -85.4% |
| Profit (loss) for the period | 9904 | €39,039 | €859 | -€38,180 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,039 | €859 | -€38,180 | -97.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.