MANA TEAM: 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 TEAM
Largest movements
- Receivables within one year -€32,048
down €32,048 (-32.0%), from €100,076 to €68,029
of which Other amounts receivable: -€36,479
- Cash +€4,815
up €4,815 (+41.4%), from €11,626 to €16,441
mainly Net result for the year (+€75,293) and Other debts (+€75,293)
- Tangible fixed assets +€4,476
up €4,476 (+296.0%), from €1,512 to €5,988
- Profit (loss) carried forward -€101,968
no longer reported in 2025 (was €101,968)
- Other debts +€75,293
new in 2025: €75,293
- Tax, wage and social debts +€4,897
up €4,897 (+62.1%), from €7,891 to €12,788
- Gross operating margin +€11,269
up €11,269 (+12.7%), from €88,967 to €100,236
- Depreciation +€2,135
up €2,135 (+222.0%), from €962 to €3,097
- Taxes +€1,232
up €1,232 (+6.4%), from €19,302 to €20,534
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 | €113,771 | €91,068 | -€22,703 | -20.0% |
| Fixed assets | 21/28 | €1,512 | €5,988 | +€4,476 | +296.0% |
| Tangible fixed assets | 22/27 | €1,512 | €5,988 | +€4,476 | +296.0% |
| Furniture and vehicles | 24 | €1,512 | €5,988 | +€4,476 | +296.0% |
| Current assets | 29/58 | €112,259 | €85,080 | -€27,179 | -24.2% |
| Amounts receivable within one year | 40/41 | €100,076 | €68,029 | -€32,048 | -32.0% |
| Trade receivables | 40 | €13,597 | €18,029 | +€4,432 | +32.6% |
| Other amounts receivable | 41 | €86,479 | €50,000 | -€36,479 | -42.2% |
| Cash at bank and in hand | 54/58 | €11,626 | €16,441 | +€4,815 | +41.4% |
| Deferred charges and accrued income | 490/1 | €557 | €611 | +€54 | +9.7% |
| Total equity and liabilities | 10/49 | €113,771 | €91,068 | -€22,703 | -20.0% |
| Equity | 10/15 | €103,968 | €2,000 | -€101,968 | -98.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,968 | - | -€101,968 | |
| Amounts payable | 17/49 | €9,803 | €89,068 | +€79,265 | +808.6% |
| Amounts payable within one year | 42/48 | €9,675 | €88,908 | +€79,233 | +818.9% |
| Trade debts | 44 | €1,784 | €827 | -€958 | -53.7% |
| Suppliers | 440/4 | €1,784 | €827 | -€958 | -53.7% |
| Taxes, remuneration and social security | 45 | €7,891 | €12,788 | +€4,897 | +62.1% |
| Taxes | 450/3 | €7,891 | €12,788 | +€4,897 | +62.1% |
| Other amounts payable | 47/48 | - | €75,293 | +€75,293 | |
| Accrued charges and deferred income | 492/3 | €128 | €160 | +€32 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €962 | €3,097 | +€2,135 | +222.0% |
| Other operating charges | 640/8 | €1,133 | €1,240 | +€107 | +9.5% |
| Gross operating margin | 9900 | €88,967 | €100,236 | +€11,269 | +12.7% |
| Operating profit (loss) | 9901 | €86,872 | €95,898 | +€9,026 | +10.4% |
| Financial income | 75/76B | €7 | €0 | -€7 | -93.8% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -93.8% |
| Financial charges | 65/66B | €369 | €72 | -€297 | -80.5% |
| Recurring financial charges | 65 | €369 | €72 | -€297 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | €86,510 | €95,827 | +€9,316 | +10.8% |
| Income taxes | 67/77 | €19,302 | €20,534 | +€1,232 | +6.4% |
| Profit (loss) for the period | 9904 | €67,209 | €75,293 | +€8,084 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,209 | €75,293 | +€8,084 | +12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.