MANALI: 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.
MANALI
Largest movements
- Receivables within one year +€225
new in 2025: €225
- Other debts +€1,194
up €1,194 (+0.6%), from €193,447 to €194,641
- Profit (loss) carried forward -€1,073
down €1,073 (-0.5%), from -€212,047 to -€213,120
- Trade debts +€104
new in 2025: €104
- Gross operating margin -€300
down €300 (-38.8%), from -€773 to -€1,073
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
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 | - | €225 | +€225 | |
| Current assets | 29/58 | - | €225 | +€225 | |
| Amounts receivable within one year | 40/41 | - | €225 | +€225 | |
| Other amounts receivable | 41 | - | €225 | +€225 | |
| Total equity and liabilities | 10/49 | - | €225 | +€225 | |
| Equity | 10/15 | -€193,447 | -€194,520 | -€1,073 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€212,047 | -€213,120 | -€1,073 | -0.5% |
| Amounts payable | 17/49 | €193,447 | €194,745 | +€1,298 | +0.7% |
| Amounts payable within one year | 42/48 | €193,447 | €194,745 | +€1,298 | +0.7% |
| Trade debts | 44 | - | €104 | +€104 | |
| Suppliers | 440/4 | - | €104 | +€104 | |
| Other amounts payable | 47/48 | €193,447 | €194,641 | +€1,194 | +0.6% |
| Non-recurring operating income | 76A | €373 | - | -€373 | |
| Gross operating margin | 9900 | -€773 | -€1,073 | -€300 | -38.8% |
| Operating profit (loss) | 9901 | -€773 | -€1,073 | -€300 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | -€773 | -€1,073 | -€300 | -38.8% |
| Profit (loss) for the period | 9904 | -€773 | -€1,073 | -€300 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€773 | -€1,073 | -€300 | -38.8% |
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 3 October 2026 via checked.be.