MAN Consulting: 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.
MAN Consulting
Largest movements
- Cash +€46,708
up €46,708 (+62.3%), from €74,924 to €121,632
mainly Net result for the year (+€41,952) and Depreciation (+€4,375)
- Profit (loss) carried forward +€41,952
up €41,952 (+53.9%), from €77,808 to €119,760
- Tax, wage and social debts +€2,816
up €2,816 (+19.7%), from €14,280 to €17,096
of which Taxes: +€2,671
- Staff costs -€5,136
down €5,136 (-92.0%), from €5,581 to €446
- Gross operating margin +€4,523
up €4,523 (+8.6%), from €52,761 to €57,284
- Taxes +€2,017
up €2,017 (+21.5%), from €9,377 to €11,395
- Financial income +€1,449
new in 2025: €1,449
- Depreciation +€802
up €802 (+22.4%), from €3,573 to €4,375
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 | €98,056 | €143,349 | +€45,293 | +46.2% |
| Fixed assets | 21/28 | €11,715 | €10,681 | -€1,034 | -8.8% |
| Tangible fixed assets | 22/27 | €11,715 | €10,681 | -€1,034 | -8.8% |
| Plant, machinery and equipment | 23 | €843 | €956 | +€113 | +13.4% |
| Furniture and vehicles | 24 | €10,872 | €9,725 | -€1,147 | -10.5% |
| Current assets | 29/58 | €86,340 | €132,667 | +€46,327 | +53.7% |
| Amounts receivable within one year | 40/41 | €11,416 | €11,035 | -€381 | -3.3% |
| Trade receivables | 40 | €9,190 | €11,035 | +€1,845 | +20.1% |
| Other amounts receivable | 41 | €2,226 | - | -€2,226 | |
| Cash at bank and in hand | 54/58 | €74,924 | €121,632 | +€46,708 | +62.3% |
| Total equity and liabilities | 10/49 | €98,056 | €143,349 | +€45,293 | +46.2% |
| Equity | 10/15 | €82,808 | €124,760 | +€41,952 | +50.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,808 | €119,760 | +€41,952 | +53.9% |
| Amounts payable | 17/49 | €15,247 | €18,588 | +€3,341 | +21.9% |
| Amounts payable within one year | 42/48 | €15,247 | €18,588 | +€3,341 | +21.9% |
| Trade debts | 44 | €445 | €437 | -€8 | -1.8% |
| Suppliers | 440/4 | €445 | €437 | -€8 | -1.8% |
| Taxes, remuneration and social security | 45 | €14,280 | €17,096 | +€2,816 | +19.7% |
| Taxes | 450/3 | €14,280 | €16,951 | +€2,671 | +18.7% |
| Remuneration and social security | 454/9 | - | €145 | +€145 | |
| Other amounts payable | 47/48 | €523 | €1,055 | +€533 | +102% |
| Remuneration, social security and pensions | 62 | €5,581 | €446 | -€5,136 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,573 | €4,375 | +€802 | +22.4% |
| Other operating charges | 640/8 | €249 | €520 | +€271 | +109% |
| Gross operating margin | 9900 | €52,761 | €57,284 | +€4,523 | +8.6% |
| Operating profit (loss) | 9901 | €43,358 | €51,944 | +€8,586 | +19.8% |
| Financial income | 75/76B | - | €1,449 | +€1,449 | |
| Recurring financial income | 75 | - | €1,449 | +€1,449 | |
| Financial charges | 65/66B | €69 | €46 | -€24 | -34.0% |
| Recurring financial charges | 65 | €69 | €46 | -€24 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €43,289 | €53,347 | +€10,058 | +23.2% |
| Income taxes | 67/77 | €9,377 | €11,395 | +€2,017 | +21.5% |
| Profit (loss) for the period | 9904 | €33,912 | €41,952 | +€8,041 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,912 | €41,952 | +€8,041 | +23.7% |
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 24 October 2026 via checked.be.