MANBERG IMMO: 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.
MANBERG IMMO
Largest movements
- Receivables within one year +€3,139
up €3,139 (+3.4%), from €92,118 to €95,257
- Tangible fixed assets -€2,198
no longer reported in 2025 (was €2,198)
- Profit (loss) carried forward +€1,547
up €1,547 (+3.8%), from -€40,229 to -€38,682
- Gross operating margin +€1,652
up €1,652 (+67.8%), from -€2,437 to -€785
- Other operating charges +€387
new in 2025: €387
- Depreciation -€183
down €183 (-8.3%), from €2,198 to €2,015
- Financial income -€168
down €168 (-3.1%), from €5,411 to €5,244
- Financial charges +€70
up €70 (+27.2%), from €256 to €326
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 | €94,372 | €95,286 | +€913 | +1.0% |
| Fixed assets | 21/28 | €2,198 | - | -€2,198 | |
| Tangible fixed assets | 22/27 | €2,198 | - | -€2,198 | |
| Furniture and vehicles | 24 | €2,198 | - | -€2,198 | |
| Current assets | 29/58 | €92,174 | €95,286 | +€3,112 | +3.4% |
| Amounts receivable within one year | 40/41 | €92,118 | €95,257 | +€3,139 | +3.4% |
| Other amounts receivable | 41 | €92,118 | €95,257 | +€3,139 | +3.4% |
| Cash at bank and in hand | 54/58 | €56 | €29 | -€28 | -49.2% |
| Total equity and liabilities | 10/49 | €94,372 | €95,286 | +€913 | +1.0% |
| Equity | 10/15 | €43,625 | €45,172 | +€1,547 | +3.5% |
| Contributions | 10/11 | €76,693 | €76,693 | = | 0.0% |
| Capital | 10 | €76,693 | €76,693 | = | 0.0% |
| Issued capital | 100 | €76,693 | €76,693 | = | 0.0% |
| Reserves | 13 | €7,161 | €7,161 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,161 | €7,161 | = | 0.0% |
| Legal reserve | 130 | €3,868 | €3,868 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,293 | €3,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,229 | -€38,682 | +€1,547 | +3.8% |
| Amounts payable | 17/49 | €50,748 | €50,114 | -€634 | -1.2% |
| Amounts payable within one year | 42/48 | €50,748 | €50,114 | -€634 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €38,414 | €38,414 | = | 0.0% |
| Trade debts | 44 | €634 | - | -€634 | |
| Suppliers | 440/4 | €634 | - | -€634 | |
| Other amounts payable | 47/48 | €11,700 | €11,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,198 | €2,015 | -€183 | -8.3% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Non-recurring operating charges | 66A | - | €183 | +€183 | |
| Gross operating margin | 9900 | -€2,437 | -€785 | +€1,652 | +67.8% |
| Operating profit (loss) | 9901 | -€4,635 | -€3,370 | +€1,265 | +27.3% |
| Financial income | 75/76B | €5,411 | €5,244 | -€168 | -3.1% |
| Recurring financial income | 75 | €5,411 | €5,244 | -€168 | -3.1% |
| Financial charges | 65/66B | €256 | €326 | +€70 | +27.2% |
| Recurring financial charges | 65 | €256 | €326 | +€70 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €520 | €1,547 | +€1,028 | +198% |
| Profit (loss) for the period | 9904 | €520 | €1,547 | +€1,028 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €520 | €1,547 | +€1,028 | +198% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.