MANDALA PRODUCTIONS: 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.
MANDALA PRODUCTIONS
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€109,951
down €109,951 (-18.0%), from €609,454 to €499,502
mainly Current investments (-€200,000) and Trade debts (-€24,962)
- Receivables within one year +€11,456
up €11,456 (+80.0%), from €14,318 to €25,773
of which Trade receivables: +€14,413
- Reserves +€100,911
up €100,911 (+19.4%), from €520,463 to €621,374
- Other debts +€35,619
up €35,619 (+283%), from €12,591 to €48,209
- Trade debts -€24,962
down €24,962 (-89.0%), from €28,044 to €3,082
- Profit (loss) carried forward -€13,032
down €13,032 (-100%), from €13,032 to €0
- Tax, wage and social debts +€7,970
up €7,970 (+73.9%), from €10,778 to €18,748
- Gross operating margin +€15,655
up €15,655 (+12.7%), from €123,109 to €138,764
- Taxes +€8,658
up €8,658 (+21.8%), from €39,722 to €48,380
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 | €626,593 | €729,955 | +€103,362 | +16.5% |
| Fixed assets | 21/28 | €2,502 | €3,091 | +€589 | +23.5% |
| Tangible fixed assets | 22/27 | €2 | €591 | +€589 | +30,183% |
| Plant, machinery and equipment | 23 | €2 | €591 | +€589 | +30,183% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €624,091 | €726,864 | +€102,773 | +16.5% |
| Amounts receivable within one year | 40/41 | €14,318 | €25,773 | +€11,456 | +80.0% |
| Trade receivables | 40 | €7,112 | €21,525 | +€14,413 | +203% |
| Other amounts receivable | 41 | €7,206 | €4,248 | -€2,958 | -41.0% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €609,454 | €499,502 | -€109,951 | -18.0% |
| Deferred charges and accrued income | 490/1 | €320 | €1,589 | +€1,269 | +396% |
| Total equity and liabilities | 10/49 | €626,593 | €729,955 | +€103,362 | +16.5% |
| Equity | 10/15 | €552,096 | €639,974 | +€87,878 | +15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €520,463 | €621,374 | +€100,911 | +19.4% |
| Distributable reserves | 133 | €520,463 | €621,374 | +€100,911 | +19.4% |
| Profit (loss) carried forward | 14 | €13,032 | €0 | -€13,032 | -100% |
| Amounts payable | 17/49 | €74,497 | €89,981 | +€15,483 | +20.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €74,497 | €89,981 | +€15,483 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €23,084 | €19,941 | -€3,143 | -13.6% |
| Trade debts | 44 | €28,044 | €3,082 | -€24,962 | -89.0% |
| Suppliers | 440/4 | €28,044 | €3,082 | -€24,962 | -89.0% |
| Taxes, remuneration and social security | 45 | €10,778 | €18,748 | +€7,970 | +73.9% |
| Taxes | 450/3 | €10,778 | €18,748 | +€7,970 | +73.9% |
| Other amounts payable | 47/48 | €12,591 | €48,209 | +€35,619 | +283% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €486 | €154 | -€332 | -68.3% |
| Other operating charges | 640/8 | €684 | €1,091 | +€406 | +59.4% |
| Gross operating margin | 9900 | €123,109 | €138,764 | +€15,655 | +12.7% |
| Operating profit (loss) | 9901 | €121,938 | €137,519 | +€15,581 | +12.8% |
| Financial income | 75/76B | €0 | €48 | +€48 | +161,233% |
| Recurring financial income | 75 | €0 | €48 | +€48 | +161,233% |
| Financial charges | 65/66B | €1,161 | €1,309 | +€148 | +12.7% |
| Recurring financial charges | 65 | €1,161 | €1,309 | +€148 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €120,777 | €136,258 | +€15,482 | +12.8% |
| Income taxes | 67/77 | €39,722 | €48,380 | +€8,658 | +21.8% |
| Profit (loss) for the period | 9904 | €81,055 | €87,878 | +€6,824 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €81,055 | €87,878 | +€6,824 | +8.4% |
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 21 October 2026 via checked.be.