MANA ADVICE: 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.
MANA ADVICE
Largest movements
- Receivables after one year -€58,685
down €58,685 (-59.4%), from €98,801 to €40,116
- Cash +€13,051
up €13,051 (+589.8%), from €2,213 to €15,264
mainly Receivables after one year (+€58,685) and Net result for the year (+€34,595)
- Receivables within one year -€2,643
no longer reported in 2025 (was €2,643)
of which Trade receivables: -€2,273
- Tangible fixed assets -€2,094
down €2,094 (-48.3%), from €4,336 to €2,242
- Other debts -€43,918
no longer reported in 2025 (was €43,918)
- Trade debts -€3,528
down €3,528 (-96.5%), from €3,657 to €129
- Tax, wage and social debts -€3,126
down €3,126 (-10.8%), from €28,967 to €25,840
of which Taxes: -€3,126
- Gross operating margin +€26,443
up €26,443 (+123.9%), from €21,345 to €47,788
- Taxes +€10,107
up €10,107 (+150.9%), from €6,698 to €16,804
- Other operating charges -€6,759
down €6,759 (-92.3%), from €7,326 to €567
- Financial income +€1,983
up €1,983 (+37.3%), from €5,315 to €7,298
- Financial charges -€802
down €802 (-43.9%), from €1,828 to €1,026
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.
Cash bridge derived
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 | €109,216 | €57,945 | -€51,271 | -46.9% |
| Fixed assets | 21/28 | €4,336 | €2,242 | -€2,094 | -48.3% |
| Tangible fixed assets | 22/27 | €4,336 | €2,242 | -€2,094 | -48.3% |
| Furniture and vehicles | 24 | €4,336 | €2,242 | -€2,094 | -48.3% |
| Current assets | 29/58 | €104,880 | €55,703 | -€49,177 | -46.9% |
| Amounts receivable after more than one year | 29 | €98,801 | €40,116 | -€58,685 | -59.4% |
| Trade receivables | 290 | €98,801 | €40,116 | -€58,685 | -59.4% |
| Amounts receivable within one year | 40/41 | €2,643 | - | -€2,643 | |
| Trade receivables | 40 | €2,273 | - | -€2,273 | |
| Other amounts receivable | 41 | €370 | - | -€370 | |
| Cash at bank and in hand | 54/58 | €2,213 | €15,264 | +€13,051 | +589.8% |
| Deferred charges and accrued income | 490/1 | €1,224 | €323 | -€901 | -73.6% |
| Total equity and liabilities | 10/49 | €109,216 | €57,945 | -€51,271 | -46.9% |
| Equity | 10/15 | €32,674 | €31,975 | -€699 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,074 | €13,375 | -€699 | -5.0% |
| Amounts payable | 17/49 | €76,542 | €25,970 | -€50,572 | -66.1% |
| Amounts payable within one year | 42/48 | €76,542 | €25,970 | -€50,572 | -66.1% |
| Trade debts | 44 | €3,657 | €129 | -€3,528 | -96.5% |
| Suppliers | 440/4 | €3,657 | €129 | -€3,528 | -96.5% |
| Taxes, remuneration and social security | 45 | €28,967 | €25,840 | -€3,126 | -10.8% |
| Taxes | 450/3 | €26,517 | €23,390 | -€3,126 | -11.8% |
| Remuneration and social security | 454/9 | €2,450 | €2,450 | = | 0.0% |
| Other amounts payable | 47/48 | €43,918 | - | -€43,918 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,094 | €2,094 | -€0 | 0.0% |
| Other operating charges | 640/8 | €7,326 | €567 | -€6,759 | -92.3% |
| Gross operating margin | 9900 | €21,345 | €47,788 | +€26,443 | +123.9% |
| Operating profit (loss) | 9901 | €11,925 | €45,127 | +€33,202 | +278.4% |
| Financial income | 75/76B | €5,315 | €7,298 | +€1,983 | +37.3% |
| Recurring financial income | 75 | €5,315 | €7,298 | +€1,983 | +37.3% |
| Financial charges | 65/66B | €1,828 | €1,026 | -€802 | -43.9% |
| Recurring financial charges | 65 | €1,828 | €1,026 | -€802 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €15,413 | €51,400 | +€35,987 | +233.5% |
| Income taxes | 67/77 | €6,698 | €16,804 | +€10,107 | +150.9% |
| Profit (loss) for the period | 9904 | €8,715 | €34,595 | +€25,880 | +297.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,715 | €34,595 | +€25,880 | +297.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.