MANAUR: what changed
Two financial 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.
MANAUR
Largest movements
- Current investments +€120,000
new in 2025: €120,000
- Cash +€109,258
up €109,258 (+24,451%), from €447 to €109,705
mainly Net result for the year (+€174,627) and Tax, wage and social debts (+€55,263)
- Reserves +€174,627
up €174,627 (+1,429%), from €12,217 to €186,844
- Tax, wage and social debts +€55,263
up €55,263 (+525%), from €10,518 to €65,781
of which Taxes: +€58,173
- Other debts -€2,881
down €2,881 (-96.0%), from €3,000 to €119
- Gross operating margin +€212,274
up €212,274 (+1,374%), from €15,451 to €227,725
- Taxes +€50,231
up €50,231 (+1,583%), from €3,172 to €53,403
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.
Derived cash bridge
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 | €28,525 | €255,604 | +€227,079 | +796% |
| Current assets | 29/58 | €28,525 | €255,604 | +€227,079 | +796% |
| Amounts receivable within one year | 40/41 | €28,079 | €25,899 | -€2,179 | -7.8% |
| Trade receivables | 40 | €28,070 | €25,868 | -€2,202 | -7.8% |
| Other amounts receivable | 41 | €9 | €31 | +€22 | +248% |
| Current investments | 50/53 | - | €120,000 | +€120,000 | |
| Cash at bank and in hand | 54/58 | €447 | €109,705 | +€109,258 | +24,451% |
| Total equity and liabilities | 10/49 | €28,525 | €255,604 | +€227,079 | +796% |
| Equity | 10/15 | €14,217 | €188,844 | +€174,627 | +1,228% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,217 | €186,844 | +€174,627 | +1,429% |
| Distributable reserves | 133 | €12,217 | €186,844 | +€174,627 | +1,429% |
| Amounts payable | 17/49 | €14,308 | €66,760 | +€52,452 | +367% |
| Amounts payable within one year | 42/48 | €14,308 | €66,760 | +€52,452 | +367% |
| Trade debts | 44 | €790 | €860 | +€70 | +8.8% |
| Suppliers | 440/4 | €790 | €860 | +€70 | +8.8% |
| Taxes, remuneration and social security | 45 | €10,518 | €65,781 | +€55,263 | +525% |
| Taxes | 450/3 | €7,608 | €65,781 | +€58,173 | +765% |
| Remuneration and social security | 454/9 | €2,910 | €0 | -€2,910 | -100% |
| Other amounts payable | 47/48 | €3,000 | €119 | -€2,881 | -96.0% |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €15,451 | €227,725 | +€212,274 | +1,374% |
| Operating profit (loss) | 9901 | €15,401 | €227,725 | +€212,324 | +1,379% |
| Financial income | 75/76B | - | €467 | +€467 | |
| Recurring financial income | 75 | - | €467 | +€467 | |
| Financial charges | 65/66B | €11 | €162 | +€151 | +1,336% |
| Recurring financial charges | 65 | €11 | €162 | +€151 | +1,336% |
| Profit (loss) for the period before taxes | 9903 | €15,390 | €228,030 | +€212,640 | +1,382% |
| Income taxes | 67/77 | €3,172 | €53,403 | +€50,231 | +1,583% |
| Profit (loss) for the period | 9904 | €12,217 | €174,627 | +€162,410 | +1,329% |
| Profit (loss) for the period to be appropriated | 9905 | €12,217 | €174,627 | +€162,410 | +1,329% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.