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Manchet Trading: 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.

What changed

Manchet Trading

BE 0746.577.128
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,631
2024 · €6,217-€8,847
Equity
€54,267
2024 · €56,897-€2,631
Cash
€1,834
2024 · €1,931-€97
Balance sheet total
€212,077
2024 · €158,415+€53,662

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€54,151

    up €54,151 (+35.5%), from €152,659 to €206,810

    of which Other amounts receivable: +€52,336

Equity and liabilities
  • Other debts +€59,931

    up €59,931 (+62.3%), from €96,168 to €156,098

  • Tax, wage and social debts -€4,171

    down €4,171 (-100%), from €4,171 to €0

  • Profit (loss) carried forward -€2,631

    down €2,631 (-7.1%), from €36,897 to €34,267

Income statement
  • Gross operating margin -€16,482

    down €16,482, from €4,696 to -€11,786

  • Financial income +€4,094

    up €4,094 (+66.8%), from €6,133 to €10,226

  • Taxes -€2,844

    down €2,844 (-100%), from €2,844 to €0

  • Other operating charges -€580

    down €580 (-52.2%), from €1,111 to €531

  • Financial charges -€293

    down €293 (-66.4%), from €441 to €148

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €6,217
Gross operating margin -€16,482
Depreciation -€176
Other operating charges +€580
Financial income +€4,094
Financial charges +€293
Taxes +€2,844
Result 2025 -€2,631
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€97
Investment €0
Financing €0
Cash 2024 €1,931
Net result for the year -€2,631
Depreciation +€392
Receivables within one year -€54,151
Trade debts +€534
Tax, wage and social debts -€4,171
Other debts +€59,931
Cash 2025 €1,834
brings cash intakes cash out
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €158,415 €212,077 +€53,662 +33.9%
Fixed assets 21/28 €3,825 €3,433 -€392 -10.3%
Tangible fixed assets 22/27 €3,825 €3,433 -€392 -10.3%
Plant, machinery and equipment 23 €0 - =
Furniture and vehicles 24 €3,825 €3,433 -€392 -10.3%
Current assets 29/58 €154,590 €208,644 +€54,054 +35.0%
Amounts receivable within one year 40/41 €152,659 €206,810 +€54,151 +35.5%
Trade receivables 40 €0 €1,815 +€1,815
Other amounts receivable 41 €152,659 €204,995 +€52,336 +34.3%
Cash at bank and in hand 54/58 €1,931 €1,834 -€97 -5.0%
Total equity and liabilities 10/49 €158,415 €212,077 +€53,662 +33.9%
Equity 10/15 €56,897 €54,267 -€2,631 -4.6%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 €36,897 €34,267 -€2,631 -7.1%
Amounts payable 17/49 €101,517 €157,810 +€56,293 +55.5%
Amounts payable within one year 42/48 €101,517 €157,810 +€56,293 +55.5%
Financial debts 43 €0 - =
Credit institutions 430/8 €0 - =
Trade debts 44 €1,178 €1,712 +€534 +45.3%
Suppliers 440/4 €1,178 €1,712 +€534 +45.3%
Taxes, remuneration and social security 45 €4,171 €0 -€4,171 -100%
Taxes 450/3 €4,171 €0 -€4,171 -100%
Other amounts payable 47/48 €96,168 €156,098 +€59,931 +62.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €216 €392 +€176 +81.3%
Other operating charges 640/8 €1,111 €531 -€580 -52.2%
Gross operating margin 9900 €4,696 -€11,786 -€16,482
Operating profit (loss) 9901 €3,369 -€12,709 -€16,078
Financial income 75/76B €6,133 €10,226 +€4,094 +66.8%
Recurring financial income 75 €6,133 €10,226 +€4,094 +66.8%
Financial charges 65/66B €441 €148 -€293 -66.4%
Recurring financial charges 65 €441 €148 -€293 -66.4%
Profit (loss) for the period before taxes 9903 €9,060 -€2,631 -€11,691
Income taxes 67/77 €2,844 €0 -€2,844 -100%
Profit (loss) for the period 9904 €6,217 -€2,631 -€8,847
Profit (loss) for the period to be appropriated 9905 €6,217 -€2,631 -€8,847

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.