MANAKAMANA: what changed
MANAKAMANA
Largest movements
- Cash -€12,393
down €12,393 (-36.9%), from €33,573 to €21,180
mainly Investment in fixed assets (net) (-€7,500) and Receivables within one year (-€5,430)
- Tangible fixed assets +€6,386
up €6,386 (+200%), from €3,189 to €9,576
of which Furniture and vehicles: +€6,914
- Receivables within one year +€5,430
up €5,430 (+52.6%), from €10,317 to €15,747
- Reserves -€1,126
down €1,126 (-2.9%), from €38,461 to €37,335
of which Distributable reserves: -€1,126
- Gross operating margin -€1,458
down €1,458 (-16.5%), from €8,847 to €7,390
- Taxes -€1,043
down €1,043 (-63.9%), from €1,632 to €589
- Other operating charges +€546
up €546 (+15.5%), from €3,533 to €4,079
- Depreciation +€491
up €491 (+79.0%), from €622 to €1,114
- Staff costs +€179
up €179 (+5.8%), from €3,091 to €3,269
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,471 | €47,596 | -€875 | -1.8% |
| Fixed assets | 21/28 | €3,189 | €9,576 | +€6,386 | +200% |
| Tangible fixed assets | 22/27 | €3,189 | €9,576 | +€6,386 | +200% |
| Plant, machinery and equipment | 23 | €3,189 | €2,661 | -€528 | -16.6% |
| Furniture and vehicles | 24 | - | €6,914 | +€6,914 | |
| Current assets | 29/58 | €45,282 | €38,020 | -€7,262 | -16.0% |
| Stocks and contracts in progress | 3 | €1,087 | €1,093 | +€6 | +0.5% |
| Stocks | 30/36 | €1,087 | €1,093 | +€6 | +0.5% |
| Amounts receivable within one year | 40/41 | €10,317 | €15,747 | +€5,430 | +52.6% |
| Other amounts receivable | 41 | €10,317 | €15,747 | +€5,430 | +52.6% |
| Cash at bank and in hand | 54/58 | €33,573 | €21,180 | -€12,393 | -36.9% |
| Deferred charges and accrued income | 490/1 | €304 | €0 | -€304 | -100% |
| Total equity and liabilities | 10/49 | €48,471 | €47,596 | -€875 | -1.8% |
| Equity | 10/15 | €44,661 | €43,535 | -€1,126 | -2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,461 | €37,335 | -€1,126 | -2.9% |
| Tax-exempt reserves | 132 | €12,640 | €12,640 | = | 0.0% |
| Distributable reserves | 133 | €25,821 | €24,695 | -€1,126 | -4.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,810 | €4,061 | +€251 | +6.6% |
| Amounts payable within one year | 42/48 | €3,810 | €4,061 | +€251 | +6.6% |
| Trade debts | 44 | €110 | €361 | +€251 | +229% |
| Suppliers | 440/4 | €110 | €361 | +€251 | +229% |
| Taxes, remuneration and social security | 45 | €3,700 | €3,700 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,700 | €3,700 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €3,091 | €3,269 | +€179 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €622 | €1,114 | +€491 | +79.0% |
| Other operating charges | 640/8 | €3,533 | €4,079 | +€546 | +15.5% |
| Gross operating margin | 9900 | €8,847 | €7,390 | -€1,458 | -16.5% |
| Operating profit (loss) | 9901 | €1,601 | -€1,072 | -€2,674 | |
| Financial income | 75/76B | €484 | €646 | +€162 | +33.3% |
| Recurring financial income | 75 | €484 | €646 | +€162 | +33.3% |
| Financial charges | 65/66B | €66 | €111 | +€45 | +67.8% |
| Recurring financial charges | 65 | €66 | €111 | +€45 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | €2,020 | -€537 | -€2,557 | |
| Income taxes | 67/77 | €1,632 | €589 | -€1,043 | -63.9% |
| Profit (loss) for the period | 9904 | €388 | -€1,126 | -€1,514 | |
| Profit (loss) for the period to be appropriated | 9905 | €388 | -€1,126 | -€1,514 |
Next steps
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 6 November 2026 via checked.be.