MANAN ABDUL: 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.
MANAN ABDUL
Largest movements
- Stocks and contracts +€11,774
up €11,774 (+101.0%), from €11,656 to €23,430
- Cash -€6,987
down €6,987 (-95.1%), from €7,347 to €360
mainly Stocks and contracts (-€11,774) and Trade debts (-€4,414)
- Receivables within one year +€2,570
new in 2025: €2,570
of which Trade receivables: +€1,329
- Tangible fixed assets +€2,438
new in 2025: €2,438
- Tax, wage and social debts +€8,003
up €8,003 (+898.9%), from €890 to €8,893
of which Remuneration and social security: +€8,565
- Profit (loss) carried forward +€6,284
up €6,284, from -€4,369 to €1,915
- Trade debts -€4,414
no longer reported in 2025 (was €4,414)
- Turnover +€19,140
up €19,140 (+3.9%), from €496,442 to €515,582
- Purchases and services +€17,255
up €17,255 (+3.5%), from €497,919 to €515,174
- Gross operating margin +€9,040
up €9,040 (+979.1%), from €923 to €9,963
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 | €20,637 | €30,338 | +€9,702 | +47.0% |
| Fixed assets | 21/28 | €1,540 | €3,978 | +€2,438 | +158.3% |
| Tangible fixed assets | 22/27 | - | €2,438 | +€2,438 | |
| Furniture and vehicles | 24 | - | €2,438 | +€2,438 | |
| Financial fixed assets | 28 | €1,540 | €1,540 | = | 0.0% |
| Current assets | 29/58 | €19,097 | €26,361 | +€7,264 | +38.0% |
| Stocks and contracts in progress | 3 | €11,656 | €23,430 | +€11,774 | +101.0% |
| Stocks | 30/36 | €11,656 | €23,430 | +€11,774 | +101.0% |
| Amounts receivable within one year | 40/41 | - | €2,570 | +€2,570 | |
| Trade receivables | 40 | - | €1,329 | +€1,329 | |
| Other amounts receivable | 41 | - | €1,241 | +€1,241 | |
| Cash at bank and in hand | 54/58 | €7,347 | €360 | -€6,987 | -95.1% |
| Deferred charges and accrued income | 490/1 | €93 | - | -€93 | |
| Total equity and liabilities | 10/49 | €20,637 | €30,338 | +€9,702 | +47.0% |
| Equity | 10/15 | €15,161 | €21,445 | +€6,284 | +41.4% |
| Contributions | 10/11 | €15,200 | €15,200 | = | 0.0% |
| Reserves | 13 | €4,330 | €4,330 | = | 0.0% |
| 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 | €2,470 | €2,470 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,369 | €1,915 | +€6,284 | |
| Amounts payable | 17/49 | €5,475 | €8,893 | +€3,418 | +62.4% |
| Amounts payable within one year | 42/48 | €5,475 | €8,893 | +€3,418 | +62.4% |
| Trade debts | 44 | €4,414 | - | -€4,414 | |
| Suppliers | 440/4 | €4,414 | - | -€4,414 | |
| Taxes, remuneration and social security | 45 | €890 | €8,893 | +€8,003 | +898.9% |
| Taxes | 450/3 | €890 | €328 | -€562 | -63.1% |
| Remuneration and social security | 454/9 | - | €8,565 | +€8,565 | |
| Other amounts payable | 47/48 | €171 | - | -€171 | |
| Turnover | 70 | €496,442 | €515,582 | +€19,140 | +3.9% |
| Non-recurring operating income | 76A | - | €6,385 | +€6,385 | |
| Goods, raw materials, services and sundry goods | 60/61 | €497,919 | €515,174 | +€17,255 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €162 | +€162 | |
| Other operating charges | 640/8 | €1,261 | €2,760 | +€1,499 | +118.8% |
| Gross operating margin | 9900 | €923 | €9,963 | +€9,040 | +979.1% |
| Operating profit (loss) | 9901 | -€338 | €7,040 | +€7,378 | |
| Financial income | 75/76B | €359 | - | -€359 | |
| Recurring financial income | 75 | €359 | - | -€359 | |
| Financial charges | 65/66B | €183 | €757 | +€574 | +313.8% |
| Recurring financial charges | 65 | €183 | €757 | +€574 | +313.8% |
| Profit (loss) for the period before taxes | 9903 | -€162 | €6,284 | +€6,445 | |
| Profit (loss) for the period | 9904 | -€162 | €6,284 | +€6,445 | |
| Profit (loss) for the period to be appropriated | 9905 | -€162 | €6,284 | +€6,445 |
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 5 October 2026 via checked.be.