MANAGIMMO: 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.
MANAGIMMO
Largest movements
- Receivables within one year +€31,032
up €31,032 (+58.5%), from €53,061 to €84,093
of which Trade receivables: +€33,921
- Tangible fixed assets -€14,116
down €14,116 (-2.5%), from €555,749 to €541,633
- Other debts +€23,473
up €23,473 (+19.7%), from €119,327 to €142,799
- Debts after one year -€10,857
down €10,857 (-6.6%), from €165,274 to €154,417
- Reserves +€9,500
up €9,500 (+190%), from €5,000 to €14,500
- Gross operating margin -€21,047
down €21,047 (-29.1%), from €72,351 to €51,305
- Taxes -€4,046
down €4,046 (-50.6%), from €7,996 to €3,950
- Financial charges +€3,351
up €3,351 (+26.6%), from €12,577 to €15,927
- Depreciation -€1,638
down €1,638 (-10.4%), from €15,754 to €14,116
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €608,810 | €625,726 | +€16,917 | +2.8% |
| Fixed assets | 21/28 | €555,749 | €541,633 | -€14,116 | -2.5% |
| Tangible fixed assets | 22/27 | €555,749 | €541,633 | -€14,116 | -2.5% |
| Land and buildings | 22 | €555,749 | €541,633 | -€14,116 | -2.5% |
| Current assets | 29/58 | €53,061 | €84,093 | +€31,032 | +58.5% |
| Amounts receivable within one year | 40/41 | €53,061 | €84,093 | +€31,032 | +58.5% |
| Trade receivables | 40 | €47,173 | €81,093 | +€33,921 | +71.9% |
| Other amounts receivable | 41 | €5,888 | €3,000 | -€2,888 | -49.1% |
| Total equity and liabilities | 10/49 | €608,810 | €625,726 | +€16,917 | +2.8% |
| Equity | 10/15 | €276,406 | €286,522 | +€10,116 | +3.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €14,500 | +€9,500 | +190% |
| Distributable reserves | 133 | €5,000 | €14,500 | +€9,500 | +190% |
| Profit (loss) carried forward | 14 | €221,406 | €222,022 | +€616 | +0.3% |
| Amounts payable | 17/49 | €332,404 | €339,204 | +€6,800 | +2.0% |
| Amounts payable after more than one year | 17 | €165,274 | €154,417 | -€10,857 | -6.6% |
| Financial debts | 170/4 | €165,274 | €154,417 | -€10,857 | -6.6% |
| Amounts payable within one year | 42/48 | €160,685 | €174,561 | +€13,876 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €14,907 | €17,508 | +€2,601 | +17.4% |
| Financial debts | 43 | €9,884 | €6,937 | -€2,946 | -29.8% |
| Credit institutions | 430/8 | €9,884 | €6,937 | -€2,946 | -29.8% |
| Trade debts | 44 | €9,460 | €6,239 | -€3,221 | -34.1% |
| Suppliers | 440/4 | €9,460 | €6,239 | -€3,221 | -34.1% |
| Taxes, remuneration and social security | 45 | €7,108 | €1,077 | -€6,030 | -84.8% |
| Taxes | 450/3 | €7,108 | €1,077 | -€6,030 | -84.8% |
| Other amounts payable | 47/48 | €119,327 | €142,799 | +€23,473 | +19.7% |
| Accrued charges and deferred income | 492/3 | €6,444 | €10,226 | +€3,782 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,754 | €14,116 | -€1,638 | -10.4% |
| Other operating charges | 640/8 | €6,970 | €7,197 | +€226 | +3.2% |
| Gross operating margin | 9900 | €72,351 | €51,305 | -€21,047 | -29.1% |
| Operating profit (loss) | 9901 | €49,627 | €29,992 | -€19,634 | -39.6% |
| Financial income | 75/76B | €70 | €1 | -€69 | -98.2% |
| Recurring financial income | 75 | €70 | €1 | -€69 | -98.2% |
| Financial charges | 65/66B | €12,577 | €15,927 | +€3,351 | +26.6% |
| Recurring financial charges | 65 | €12,577 | €15,927 | +€3,351 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €37,121 | €14,066 | -€23,054 | -62.1% |
| Income taxes | 67/77 | €7,996 | €3,950 | -€4,046 | -50.6% |
| Profit (loss) for the period | 9904 | €29,125 | €10,116 | -€19,009 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,125 | €10,116 | -€19,009 | -65.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.