MANAGER ON DEMAND: 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.
MANAGER ON DEMAND
Largest movements
- Current investments +€20,000
up €20,000, from €0 to €20,000
- Cash -€9,269
down €9,269 (-47.9%), from €19,334 to €10,065
mainly Current investments (-€20,000) and Other debts (-€2,402)
- Receivables within one year +€2,174
up €2,174 (+59.8%), from €3,635 to €5,809
of which Trade receivables: +€1,507
- Reserves +€11,755
up €11,755 (+77.8%), from €15,105 to €26,860
- Tax, wage and social debts +€3,593
up €3,593 (+60.2%), from €5,971 to €9,564
of which Taxes: +€3,593
- Other debts -€2,402
down €2,402 (-100%), from €2,402 to €0
No income-statement line moved by more than 1% of the activity.
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 | €24,478 | €37,636 | +€13,158 | +53.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,509 | €1,762 | +€253 | +16.7% |
| Tangible fixed assets | 22/27 | €1,509 | €1,762 | +€253 | +16.7% |
| Plant, machinery and equipment | 23 | €1,509 | €1,200 | -€309 | -20.4% |
| Furniture and vehicles | 24 | - | €561 | +€561 | |
| Current assets | 29/58 | €22,969 | €35,874 | +€12,905 | +56.2% |
| Amounts receivable within one year | 40/41 | €3,635 | €5,809 | +€2,174 | +59.8% |
| Trade receivables | 40 | €3,630 | €5,137 | +€1,507 | +41.5% |
| Other amounts receivable | 41 | €5 | €672 | +€667 | +13,557% |
| Current investments | 50/53 | €0 | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €19,334 | €10,065 | -€9,269 | -47.9% |
| Total equity and liabilities | 10/49 | €24,478 | €37,636 | +€13,158 | +53.8% |
| Equity | 10/15 | €16,105 | €27,860 | +€11,755 | +73.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €15,105 | €26,860 | +€11,755 | +77.8% |
| Distributable reserves | 133 | €15,105 | €26,860 | +€11,755 | +77.8% |
| Amounts payable | 17/49 | €8,373 | €9,776 | +€1,403 | +16.8% |
| Amounts payable within one year | 42/48 | €8,373 | €9,776 | +€1,403 | +16.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €0 | €212 | +€212 | |
| Suppliers | 440/4 | €0 | €212 | +€212 | |
| Taxes, remuneration and social security | 45 | €5,971 | €9,564 | +€3,593 | +60.2% |
| Taxes | 450/3 | €5,621 | €9,214 | +€3,593 | +63.9% |
| Remuneration and social security | 454/9 | €350 | €350 | = | 0.0% |
| Other amounts payable | 47/48 | €2,402 | €0 | -€2,402 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665 | €815 | +€150 | +22.6% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Non-recurring operating charges | 66A | - | €154 | +€154 | |
| Gross operating margin | 9900 | €16,049 | €16,023 | -€26 | -0.2% |
| Operating profit (loss) | 9901 | €15,266 | €14,935 | -€331 | -2.2% |
| Financial income | 75/76B | €66 | €0 | -€66 | -100% |
| Recurring financial income | 75 | €66 | €0 | -€66 | -100% |
| Financial charges | 65/66B | €70 | €49 | -€21 | -29.9% |
| Recurring financial charges | 65 | €70 | €49 | -€21 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €15,263 | €14,886 | -€377 | -2.5% |
| Income taxes | 67/77 | €3,194 | €3,131 | -€62 | -2.0% |
| Profit (loss) for the period | 9904 | €12,069 | €11,755 | -€314 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,069 | €11,755 | -€314 | -2.6% |
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 14 October 2026 via checked.be.