MANAB SRL: 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.
MANAB SRL
Largest movements
- Tangible fixed assets +€163,656
up €163,656 (+19,730%), from €829 to €164,486
of which Land and buildings: +€162,500
- Cash -€159,815
down €159,815 (-82.2%), from €194,489 to €34,674
mainly Investment in fixed assets (net) (-€186,129) and Current investments (-€115,000)
- Current investments +€115,000
up €115,000 (+153%), from €75,000 to €190,000
- Debts after one year +€154,136
new in 2025: €154,136
- Other debts -€96,410
down €96,410 (-97.1%), from €99,265 to €2,855
- Reserves +€75,000
up €75,000 (+52.5%), from €142,727 to €217,727
- Tax, wage and social debts -€14,453
down €14,453 (-51.2%), from €28,210 to €13,757
- Current portion of long-term debt +€8,364
new in 2025: €8,364
- Gross operating margin +€29,911
up €29,911 (+28.3%), from €105,643 to €135,554
- Depreciation +€21,649
up €21,649 (+2,629%), from €823 to €22,473
- Financial charges +€4,642
up €4,642 (+95.5%), from €4,859 to €9,501
- Taxes +€1,527
up €1,527 (+5.4%), from €28,076 to €29,603
- Financial income +€1,472
up €1,472 (+136%), from €1,080 to €2,552
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 | €297,560 | €421,132 | +€123,572 | +41.5% |
| Fixed assets | 21/28 | €25,829 | €189,486 | +€163,656 | +634% |
| Tangible fixed assets | 22/27 | €829 | €164,486 | +€163,656 | +19,730% |
| Land and buildings | 22 | - | €162,500 | +€162,500 | |
| Furniture and vehicles | 24 | €829 | €1,986 | +€1,156 | +139% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €271,731 | €231,646 | -€40,084 | -14.8% |
| Amounts receivable within one year | 40/41 | €2,148 | €5,460 | +€3,312 | +154% |
| Other amounts receivable | 41 | €2,148 | €5,460 | +€3,312 | +154% |
| Current investments | 50/53 | €75,000 | €190,000 | +€115,000 | +153% |
| Cash at bank and in hand | 54/58 | €194,489 | €34,674 | -€159,815 | -82.2% |
| Deferred charges and accrued income | 490/1 | €94 | €1,512 | +€1,419 | +1,512% |
| Total equity and liabilities | 10/49 | €297,560 | €421,132 | +€123,572 | +41.5% |
| Equity | 10/15 | €163,021 | €238,740 | +€75,719 | +46.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €142,727 | €217,727 | +€75,000 | +52.5% |
| Distributable reserves | 133 | €142,727 | €217,727 | +€75,000 | +52.5% |
| Profit (loss) carried forward | 14 | €17,294 | €18,013 | +€719 | +4.2% |
| Amounts payable | 17/49 | €134,539 | €182,392 | +€47,853 | +35.6% |
| Amounts payable after more than one year | 17 | - | €154,136 | +€154,136 | |
| Financial debts | 170/4 | - | €154,136 | +€154,136 | |
| Amounts payable within one year | 42/48 | €134,539 | €28,256 | -€106,283 | -79.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,364 | +€8,364 | |
| Trade debts | 44 | €7,064 | €3,280 | -€3,784 | -53.6% |
| Suppliers | 440/4 | €7,064 | €3,280 | -€3,784 | -53.6% |
| Taxes, remuneration and social security | 45 | €28,210 | €13,757 | -€14,453 | -51.2% |
| Taxes | 450/3 | €28,210 | €13,757 | -€14,453 | -51.2% |
| Other amounts payable | 47/48 | €99,265 | €2,855 | -€96,410 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €823 | €22,473 | +€21,649 | +2,629% |
| Other operating charges | 640/8 | €669 | €810 | +€141 | +21.1% |
| Gross operating margin | 9900 | €105,643 | €135,554 | +€29,911 | +28.3% |
| Operating profit (loss) | 9901 | €104,150 | €112,271 | +€8,121 | +7.8% |
| Financial income | 75/76B | €1,080 | €2,552 | +€1,472 | +136% |
| Recurring financial income | 75 | €1,080 | €2,552 | +€1,472 | +136% |
| Financial charges | 65/66B | €4,859 | €9,501 | +€4,642 | +95.5% |
| Recurring financial charges | 65 | €4,859 | €9,501 | +€4,642 | +95.5% |
| Profit (loss) for the period before taxes | 9903 | €100,371 | €105,322 | +€4,951 | +4.9% |
| Income taxes | 67/77 | €28,076 | €29,603 | +€1,527 | +5.4% |
| Profit (loss) for the period | 9904 | €72,295 | €75,719 | +€3,424 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,295 | €75,719 | +€3,424 | +4.7% |
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 16 October 2026 via checked.be.