MANconstruct: 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.
MANconstruct
Largest movements
- Cash +€2,273
up €2,273 (+264.1%), from €860 to €3,133
mainly Other debts (+€6,300) and Trade debts (+€862)
- Other debts +€6,300
up €6,300 (+5.4%), from €116,408 to €122,708
- Profit (loss) carried forward -€4,398
down €4,398 (-66.2%), from -€6,639 to -€11,037
- Gross operating margin -€2,053
down €2,053 (-73.2%), from -€2,803 to -€4,856
- Financial income +€1,055
new in 2025: €1,055
- Taxes -€243
no longer reported in 2025 (was €243)
- Other operating charges +€95
up €95 (+27.3%), from €348 to €442
- Financial charges +€51
up €51 (+48.6%), from €104 to €155
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 | €130,850 | €133,615 | +€2,764 | +2.1% |
| Fixed assets | 21/28 | €99,000 | €99,000 | = | 0.0% |
| Financial fixed assets | 28 | €99,000 | €99,000 | = | 0.0% |
| Current assets | 29/58 | €31,850 | €34,615 | +€2,764 | +8.7% |
| Amounts receivable within one year | 40/41 | €30,990 | €30,426 | -€564 | -1.8% |
| Other amounts receivable | 41 | €30,990 | €30,426 | -€564 | -1.8% |
| Cash at bank and in hand | 54/58 | €860 | €3,133 | +€2,273 | +264.1% |
| Deferred charges and accrued income | 490/1 | - | €1,055 | +€1,055 | |
| Total equity and liabilities | 10/49 | €130,850 | €133,615 | +€2,764 | +2.1% |
| Equity | 10/15 | €13,352 | €8,954 | -€4,398 | -32.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,791 | €13,791 | = | 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 | €11,931 | €11,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,639 | -€11,037 | -€4,398 | -66.2% |
| Amounts payable | 17/49 | €117,498 | €124,661 | +€7,162 | +6.1% |
| Amounts payable within one year | 42/48 | €117,498 | €124,661 | +€7,162 | +6.1% |
| Trade debts | 44 | €847 | €1,710 | +€862 | +101.8% |
| Suppliers | 440/4 | €847 | €1,710 | +€862 | +101.8% |
| Taxes, remuneration and social security | 45 | €243 | €243 | = | 0.0% |
| Taxes | 450/3 | €243 | €243 | = | 0.0% |
| Other amounts payable | 47/48 | €116,408 | €122,708 | +€6,300 | +5.4% |
| Other operating charges | 640/8 | €348 | €442 | +€95 | +27.3% |
| Gross operating margin | 9900 | -€2,803 | -€4,856 | -€2,053 | -73.2% |
| Operating profit (loss) | 9901 | -€3,151 | -€5,298 | -€2,148 | -68.2% |
| Financial income | 75/76B | - | €1,055 | +€1,055 | |
| Recurring financial income | 75 | - | €1,055 | +€1,055 | |
| Financial charges | 65/66B | €104 | €155 | +€51 | +48.6% |
| Recurring financial charges | 65 | €104 | €155 | +€51 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,255 | -€4,398 | -€1,143 | -35.1% |
| Income taxes | 67/77 | €243 | - | -€243 | |
| Profit (loss) for the period | 9904 | -€3,498 | -€4,398 | -€900 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,498 | -€4,398 | -€900 | -25.7% |
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 12 October 2026 via checked.be.