MANAHANA: what changed
What changed
MANAHANA
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€47,230
2024 · €58,378-€11,148
Equity
€155,827
2024 · €108,597+€47,230
Cash
€54,517
2024 · €57,598-€3,082
Balance sheet total
€487,199
2024 · €474,447+€12,753
Largest movements
Assets
- Receivables within one year +€49,436
up €49,436 (+82.5%), from €59,930 to €109,366
of which Other amounts receivable: +€48,346
- Tangible fixed assets -€34,185
down €34,185 (-9.7%), from €352,914 to €318,728
of which Furniture and vehicles: -€23,708
Equity and liabilities
- Reserves +€47,230
up €47,230 (+57.9%), from €81,506 to €128,736
of which Distributable reserves: +€47,230
- Debts after one year -€17,665
down €17,665 (-6.8%), from €258,027 to €240,362
- Current portion of long-term debt -€9,212
down €9,212 (-28.8%), from €31,933 to €22,721
- Tax, wage and social debts -€9,099
down €9,099 (-12.7%), from €71,823 to €62,724
of which Remuneration and social security: -€8,071
Income statement
- Gross operating margin -€20,184
down €20,184 (-4.9%), from €414,487 to €394,303
- Taxes -€5,968
down €5,968 (-15.7%), from €38,021 to €32,053
- Other operating charges -€5,239
down €5,239 (-72.6%), from €7,213 to €1,975
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€58,378
Gross operating margin
-€20,184
Staff costs
+€864
Depreciation
-€582
Other operating charges
+€5,239
Financial income
-€0
Financial charges
-€2,453
Taxes
+€5,968
Result 2025
€47,230
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25,188
Investment
-€1,393
Financing
-€26,877
Cash 2024
€57,598
From operations (derived)
+€25,188
Net result for the year
+€47,230
Depreciation
+€35,578
Receivables within one year
-€49,436
Deferred charges and accrued income
-€584
Trade debts
+€2,073
Tax, wage and social debts
-€9,099
Other debts
-€700
Accrued charges and deferred income
+€125
Investment (derived)
-€1,393
Investment in fixed assets (net)
-€1,393
Financing
-€26,877
Debts after one year
-€17,665
Current portion of long-term debt
-€9,212
Cash 2025
€54,517
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €474,447 | €487,199 | +€12,753 | +2.7% |
| Fixed assets | 21/28 | €352,914 | €318,728 | -€34,185 | -9.7% |
| Tangible fixed assets | 22/27 | €352,914 | €318,728 | -€34,185 | -9.7% |
| Land and buildings | 22 | €310,399 | €299,922 | -€10,478 | -3.4% |
| Furniture and vehicles | 24 | €42,514 | €18,806 | -€23,708 | -55.8% |
| Current assets | 29/58 | €121,533 | €168,471 | +€46,938 | +38.6% |
| Amounts receivable within one year | 40/41 | €59,930 | €109,366 | +€49,436 | +82.5% |
| Trade receivables | 40 | - | €1,090 | +€1,090 | |
| Other amounts receivable | 41 | €59,930 | €108,276 | +€48,346 | +80.7% |
| Cash at bank and in hand | 54/58 | €57,598 | €54,517 | -€3,082 | -5.4% |
| Deferred charges and accrued income | 490/1 | €4,005 | €4,589 | +€584 | +14.6% |
| Total equity and liabilities | 10/49 | €474,447 | €487,199 | +€12,753 | +2.7% |
| Equity | 10/15 | €108,597 | €155,827 | +€47,230 | +43.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €81,506 | €128,736 | +€47,230 | +57.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €79,646 | €126,876 | +€47,230 | +59.3% |
| Profit (loss) carried forward | 14 | €20,891 | €20,891 | = | 0.0% |
| Amounts payable | 17/49 | €365,849 | €331,373 | -€34,477 | -9.4% |
| Amounts payable after more than one year | 17 | €258,027 | €240,362 | -€17,665 | -6.8% |
| Financial debts | 170/4 | €258,027 | €240,362 | -€17,665 | -6.8% |
| Amounts payable within one year | 42/48 | €105,724 | €88,787 | -€16,937 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €31,933 | €22,721 | -€9,212 | -28.8% |
| Trade debts | 44 | €1,268 | €3,342 | +€2,073 | +163% |
| Suppliers | 440/4 | €1,268 | €3,342 | +€2,073 | +163% |
| Taxes, remuneration and social security | 45 | €71,823 | €62,724 | -€9,099 | -12.7% |
| Taxes | 450/3 | €37,324 | €36,295 | -€1,028 | -2.8% |
| Remuneration and social security | 454/9 | €34,499 | €26,429 | -€8,071 | -23.4% |
| Other amounts payable | 47/48 | €700 | - | -€700 | |
| Accrued charges and deferred income | 492/3 | €2,099 | €2,224 | +€125 | +6.0% |
| Remuneration, social security and pensions | 62 | €269,941 | €269,077 | -€864 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,996 | €35,578 | +€582 | +1.7% |
| Other operating charges | 640/8 | €7,213 | €1,975 | -€5,239 | -72.6% |
| Gross operating margin | 9900 | €414,487 | €394,303 | -€20,184 | -4.9% |
| Operating profit (loss) | 9901 | €102,336 | €87,673 | -€14,663 | -14.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,938 | €8,390 | +€2,453 | +41.3% |
| Recurring financial charges | 65 | €5,938 | €8,390 | +€2,453 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €96,399 | €79,283 | -€17,116 | -17.8% |
| Income taxes | 67/77 | €38,021 | €32,053 | -€5,968 | -15.7% |
| Profit (loss) for the period | 9904 | €58,378 | €47,230 | -€11,148 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,378 | €47,230 | -€11,148 | -19.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.