MAN Store Antwerp: 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 Store Antwerp
Largest movements
- Stocks and contracts +€23,251
up €23,251 (+17.2%), from €135,051 to €158,302
- Tangible fixed assets -€11,962
down €11,962 (-20.5%), from €58,386 to €46,424
of which Furniture and vehicles: -€8,689
- Receivables within one year -€2,240
down €2,240 (-99.9%), from €2,243 to €3
of which Trade receivables: -€2,240
- Other debts +€19,000
up €19,000 (+95.0%), from €20,000 to €39,000
- Debts after one year -€14,874
down €14,874 (-30.2%), from €49,257 to €34,384
- Short-term financial debts +€14,874
up €14,874 (+49.6%), from €30,000 to €44,874
- Current portion of long-term debt -€14,279
no longer reported in 2025 (was €14,279)
- Profit (loss) carried forward +€12,265
up €12,265 (+65.9%), from -€18,621 to -€6,356
- Gross operating margin +€29,701
up €29,701 (+48.5%), from €61,261 to €90,962
- Financial charges +€3,200
up €3,200 (+74.4%), from €4,302 to €7,502
- Depreciation +€2,793
up €2,793 (+30.5%), from €9,169 to €11,962
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 | €201,446 | €210,322 | +€8,877 | +4.4% |
| Fixed assets | 21/28 | €58,386 | €46,424 | -€11,962 | -20.5% |
| Tangible fixed assets | 22/27 | €58,386 | €46,424 | -€11,962 | -20.5% |
| Plant, machinery and equipment | 23 | €2,483 | €1,385 | -€1,098 | -44.2% |
| Furniture and vehicles | 24 | €35,791 | €27,102 | -€8,689 | -24.3% |
| Other tangible fixed assets | 26 | €20,113 | €17,938 | -€2,175 | -10.8% |
| Current assets | 29/58 | €143,059 | €163,898 | +€20,839 | +14.6% |
| Stocks and contracts in progress | 3 | €135,051 | €158,302 | +€23,251 | +17.2% |
| Stocks | 30/36 | €135,051 | €158,302 | +€23,251 | +17.2% |
| Amounts receivable within one year | 40/41 | €2,243 | €3 | -€2,240 | -99.9% |
| Trade receivables | 40 | €2,240 | - | -€2,240 | |
| Other amounts receivable | 41 | €3 | €3 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,765 | €5,593 | -€172 | -3.0% |
| Total equity and liabilities | 10/49 | €201,446 | €210,322 | +€8,877 | +4.4% |
| Equity | 10/15 | €1,379 | €13,644 | +€12,265 | +889% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,621 | -€6,356 | +€12,265 | +65.9% |
| Amounts payable | 17/49 | €200,067 | €196,679 | -€3,388 | -1.7% |
| Amounts payable after more than one year | 17 | €49,257 | €34,384 | -€14,874 | -30.2% |
| Financial debts | 170/4 | €49,257 | €34,384 | -€14,874 | -30.2% |
| Amounts payable within one year | 42/48 | €150,809 | €162,295 | +€11,486 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €14,279 | - | -€14,279 | |
| Financial debts | 43 | €30,000 | €44,874 | +€14,874 | +49.6% |
| Credit institutions | 430/8 | €30,000 | €44,874 | +€14,874 | +49.6% |
| Trade debts | 44 | €50,355 | €43,987 | -€6,368 | -12.6% |
| Suppliers | 440/4 | €50,355 | €43,987 | -€6,368 | -12.6% |
| Taxes, remuneration and social security | 45 | €36,175 | €34,434 | -€1,741 | -4.8% |
| Taxes | 450/3 | €28,580 | €23,510 | -€5,070 | -17.7% |
| Remuneration and social security | 454/9 | €7,595 | €10,924 | +€3,329 | +43.8% |
| Other amounts payable | 47/48 | €20,000 | €39,000 | +€19,000 | +95.0% |
| Remuneration, social security and pensions | 62 | €58,577 | €58,367 | -€209 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,169 | €11,962 | +€2,793 | +30.5% |
| Other operating charges | 640/8 | €372 | €866 | +€495 | +133% |
| Gross operating margin | 9900 | €61,261 | €90,962 | +€29,701 | +48.5% |
| Operating profit (loss) | 9901 | -€6,856 | €19,766 | +€26,623 | |
| Financial charges | 65/66B | €4,302 | €7,502 | +€3,200 | +74.4% |
| Recurring financial charges | 65 | €4,302 | €7,502 | +€3,200 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,158 | €12,265 | +€23,423 | |
| Profit (loss) for the period | 9904 | -€11,158 | €12,265 | +€23,423 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,158 | €12,265 | +€23,423 |
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 20 October 2026 via checked.be.