MANAGEVO: 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.
MANAGEVO
Largest movements
- Cash +€6,954
up €6,954 (+231.4%), from €3,005 to €9,959
mainly Net result for the year (+€3,236) and Trade debts (+€2,906)
- Receivables within one year -€1,366
down €1,366 (-76.6%), from €1,784 to €418
- Profit (loss) carried forward +€3,236
up €3,236 (+10.7%), from -€30,142 to -€26,907
- Trade debts +€2,906
up €2,906 (+131.5%), from €2,211 to €5,117
- Tax, wage and social debts -€927
down €927 (-53.8%), from €1,722 to €795
- Gross operating margin +€10,896
up €10,896, from -€7,133 to €3,763
- Financial charges -€745
down €745 (-82.9%), from €899 to €154
of which Non-recurring financial charges: -€797
- Other operating charges -€233
down €233 (-60.2%), from €387 to €154
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 | €30,997 | €36,341 | +€5,345 | +17.2% |
| Formation expenses | 20 | €421 | €201 | -€220 | -52.2% |
| Fixed assets | 21/28 | €25,000 | €25,000 | = | 0.0% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €5,575 | €11,140 | +€5,565 | +99.8% |
| Amounts receivable within one year | 40/41 | €1,784 | €418 | -€1,366 | -76.6% |
| Trade receivables | 40 | €1,784 | €418 | -€1,366 | -76.6% |
| Cash at bank and in hand | 54/58 | €3,005 | €9,959 | +€6,954 | +231.4% |
| Deferred charges and accrued income | 490/1 | €786 | €763 | -€23 | -2.9% |
| Total equity and liabilities | 10/49 | €30,997 | €36,341 | +€5,345 | +17.2% |
| Equity | 10/15 | -€27,142 | -€23,907 | +€3,236 | +11.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,142 | -€26,907 | +€3,236 | +10.7% |
| Amounts payable | 17/49 | €58,139 | €60,248 | +€2,109 | +3.6% |
| Amounts payable within one year | 42/48 | €58,139 | €60,248 | +€2,109 | +3.6% |
| Trade debts | 44 | €2,211 | €5,117 | +€2,906 | +131.5% |
| Suppliers | 440/4 | €2,211 | €5,117 | +€2,906 | +131.5% |
| Taxes, remuneration and social security | 45 | €1,722 | €795 | -€927 | -53.8% |
| Taxes | 450/3 | €1,722 | €795 | -€927 | -53.8% |
| Other amounts payable | 47/48 | €54,206 | €54,335 | +€129 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €220 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €154 | -€233 | -60.2% |
| Gross operating margin | 9900 | -€7,133 | €3,763 | +€10,896 | |
| Operating profit (loss) | 9901 | -€7,740 | €3,389 | +€11,129 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €899 | €154 | -€745 | -82.9% |
| Recurring financial charges | 65 | €102 | €154 | +€52 | +50.5% |
| Non-recurring financial charges | 66B | €797 | - | -€797 | |
| Profit (loss) for the period before taxes | 9903 | -€8,639 | €3,236 | +€11,875 | |
| Profit (loss) for the period | 9904 | -€8,639 | €3,236 | +€11,875 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,639 | €3,236 | +€11,875 |
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 6 October 2026 via checked.be.