Man.go: 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.
What changed
Man.go
NACE 94.994, Activities of membership organisations
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€739,526
2025 · €1.1m-€383,822
Equity
€1.4m
2025 · €1.4m
Cash
€227,971
2025 · €211,527+€16,444
Balance sheet total
€2.7m
2025 · €2.2m+€516,965
Largest movements
Assets
- Current investments +€450,604
up €450,604 (+26.5%), from €1.7m to €2.2m
- Receivables within one year +€75,281
up €75,281 (+64.8%), from €116,245 to €191,526
of which Trade receivables: +€70,177
- Tangible fixed assets -€27,238
down €27,238 (-19.9%), from €136,550 to €109,311
of which Furniture and vehicles: -€22,339
Equity and liabilities
- Other debts +€408,584
up €408,584 (+62.2%), from €657,150 to €1.1m
- Provisions +€65,544
new in 2026: €65,544
- Accrued charges and deferred income +€28,486
up €28,486 (+138.2%), from €20,612 to €49,098
Income statement
- Gross operating margin -€529,139
down €529,139 (-33.6%), from €1.6m to €1.0m
- Taxes -€182,769
down €182,769 (-43.3%), from €421,700 to €238,931
- Provisions +€65,544
new in 2026: €65,544
- Financial income +€24,146
up €24,146 (+47.3%), from €51,045 to €75,192
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.
Result 2025
€1.1m
Gross operating margin
-€529,139
Depreciation
+€362
Provisions
-€65,544
Other operating charges
+€1,114
Other operating items
+€7,811
Financial income
+€24,146
Financial charges
-€5,341
Taxes
+€182,769
Result 2026
€739,526
Cash bridge derived
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.
From operations
+€1.2m
Investment
-€464,922
Financing
-€739,526
Cash 2025
€211,527
From operations (derived)
+€1.2m
Net result for the year
+€739,526
Depreciation
+€41,557
Receivables within one year
-€75,281
Deferred charges and accrued income
-€1,874
Provisions
+€65,544
Trade debts
+€725
Tax, wage and social debts
+€13,625
Other debts
+€408,584
Accrued charges and deferred income
+€28,486
Investment (derived)
-€464,922
Investment in fixed assets (net)
-€14,318
Current investments
-€450,604
Financing
-€739,526
Contributions, distributions and other
-€739,526
Cash 2026
€227,971
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,170,727 | €2,687,691 | +€516,965 | +23.8% |
| Fixed assets | 21/28 | €137,300 | €110,061 | -€27,238 | -19.8% |
| Tangible fixed assets | 22/27 | €136,550 | €109,311 | -€27,238 | -19.9% |
| Plant, machinery and equipment | 23 | €8,478 | €7,062 | -€1,416 | -16.7% |
| Furniture and vehicles | 24 | €99,452 | €77,113 | -€22,339 | -22.5% |
| Other tangible fixed assets | 26 | €28,619 | €25,136 | -€3,483 | -12.2% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €2,033,427 | €2,577,630 | +€544,203 | +26.8% |
| Amounts receivable within one year | 40/41 | €116,245 | €191,526 | +€75,281 | +64.8% |
| Trade receivables | 40 | €116,245 | €186,422 | +€70,177 | +60.4% |
| Other amounts receivable | 41 | - | €5,104 | +€5,104 | |
| Current investments | 50/53 | €1,702,529 | €2,153,133 | +€450,604 | +26.5% |
| Cash at bank and in hand | 54/58 | €211,527 | €227,971 | +€16,444 | +7.8% |
| Deferred charges and accrued income | 490/1 | €3,127 | €5,001 | +€1,874 | +59.9% |
| Total equity and liabilities | 10/49 | €2,170,727 | €2,687,691 | +€516,965 | +23.8% |
| Equity | 10/15 | €1,423,750 | €1,423,750 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,421,250 | €1,421,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Other | 1319 | €250 | €250 | = | 0.0% |
| Tax-exempt reserves | 132 | €421,000 | €421,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €65,544 | +€65,544 | |
| Provisions for liabilities and charges | 160/5 | - | €65,544 | +€65,544 | |
| Other liabilities and charges | 164/5 | - | €65,544 | +€65,544 | |
| Amounts payable | 17/49 | €746,977 | €1,198,397 | +€451,420 | +60.4% |
| Amounts payable within one year | 42/48 | €726,365 | €1,149,300 | +€422,935 | +58.2% |
| Trade debts | 44 | €4,329 | €5,054 | +€725 | +16.8% |
| Suppliers | 440/4 | €4,329 | €5,054 | +€725 | +16.8% |
| Taxes, remuneration and social security | 45 | €64,886 | €78,511 | +€13,625 | +21.0% |
| Taxes | 450/3 | €61,582 | €76,249 | +€14,667 | +23.8% |
| Remuneration and social security | 454/9 | €3,304 | €2,262 | -€1,042 | -31.5% |
| Other amounts payable | 47/48 | €657,150 | €1,065,734 | +€408,584 | +62.2% |
| Accrued charges and deferred income | 492/3 | €20,612 | €49,098 | +€28,486 | +138.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,919 | €41,557 | -€362 | -0.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €65,544 | +€65,544 | |
| Other operating charges | 640/8 | €3,723 | €2,609 | -€1,114 | -29.9% |
| Non-recurring operating charges | 66A | €9,263 | €1,452 | -€7,811 | -84.3% |
| Gross operating margin | 9900 | €1,573,156 | €1,044,017 | -€529,139 | -33.6% |
| Operating profit (loss) | 9901 | €1,518,251 | €932,855 | -€585,396 | -38.6% |
| Financial income | 75/76B | €51,045 | €75,192 | +€24,146 | +47.3% |
| Recurring financial income | 75 | €51,045 | €75,192 | +€24,146 | +47.3% |
| Financial charges | 65/66B | €24,248 | €29,589 | +€5,341 | +22.0% |
| Recurring financial charges | 65 | €24,248 | €29,589 | +€5,341 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €1,545,048 | €978,457 | -€566,591 | -36.7% |
| Income taxes | 67/77 | €421,700 | €238,931 | -€182,769 | -43.3% |
| Profit (loss) for the period | 9904 | €1,123,349 | €739,526 | -€383,822 | -34.2% |
| Transfer to tax-exempt reserves | 689 | €421,000 | €0 | -€421,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €702,349 | €739,526 | +€37,178 | +5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.