ManArt: 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.
ManArt
Largest movements
- Cash +€3,443
up €3,443 (+12265.2%), from €28 to €3,471
mainly Other debts (+€4,722) and Accrued charges and deferred income (+€1,250)
- Other debts +€4,722
up €4,722 (+98.2%), from €4,811 to €9,533
- Profit (loss) carried forward -€2,524
down €2,524 (-19.6%), from -€12,885 to -€15,409
- Accrued charges and deferred income +€1,250
new in 2025: €1,250
- Gross operating margin -€990
down €990 (-110.2%), from -€898 to -€1,889
- Financial charges +€89
up €89, from €0 to €89
- Other operating charges -€73
down €73 (-11.7%), from €619 to €547
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 | €31,886 | €35,450 | +€3,564 | +11.2% |
| Current assets | 29/58 | €31,886 | €35,450 | +€3,564 | +11.2% |
| Stocks and contracts in progress | 3 | €29,633 | €29,633 | = | 0.0% |
| Stocks | 30/36 | €29,633 | €29,633 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,225 | €2,346 | +€121 | +5.4% |
| Other amounts receivable | 41 | €2,225 | €2,346 | +€121 | +5.4% |
| Cash at bank and in hand | 54/58 | €28 | €3,471 | +€3,443 | +12265.2% |
| Total equity and liabilities | 10/49 | €31,886 | €35,450 | +€3,564 | +11.2% |
| Equity | 10/15 | -€6,685 | -€9,209 | -€2,524 | -37.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,885 | -€15,409 | -€2,524 | -19.6% |
| Amounts payable | 17/49 | €38,571 | €44,659 | +€6,088 | +15.8% |
| Amounts payable after more than one year | 17 | €33,400 | €33,400 | = | 0.0% |
| Financial debts | 170/4 | €33,400 | €33,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,171 | €10,009 | +€4,838 | +93.5% |
| Trade debts | 44 | €361 | €476 | +€115 | +31.9% |
| Suppliers | 440/4 | €361 | €476 | +€115 | +31.9% |
| Other amounts payable | 47/48 | €4,811 | €9,533 | +€4,722 | +98.2% |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Other operating charges | 640/8 | €619 | €547 | -€73 | -11.7% |
| Gross operating margin | 9900 | -€898 | -€1,889 | -€990 | -110.2% |
| Operating profit (loss) | 9901 | -€1,518 | -€2,435 | -€918 | -60.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €0 | €89 | +€89 | |
| Recurring financial charges | 65 | €0 | €89 | +€89 | |
| Profit (loss) for the period before taxes | 9903 | -€1,518 | -€2,524 | -€1,006 | -66.3% |
| Profit (loss) for the period | 9904 | -€1,518 | -€2,524 | -€1,006 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,518 | -€2,524 | -€1,006 | -66.3% |
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 8 October 2026 via checked.be.