MANDATUS: what changed
Two fiscal 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.
MANDATUS
Largest movements
- Cash +€8,343
up €8,343 (+66.8%), from €12,494 to €20,838
mainly Net result for the year (+€8,743) and Trade debts (+€2,362)
- Reserves +€8,743
up €8,743 (+61.2%), from €14,281 to €23,024
- Gross operating margin -€5,545
down €5,545 (-28.0%), from €19,828 to €14,284
- Taxes -€2,336
down €2,336 (-31.9%), from €7,324 to €4,989
- Financial income -€1,315
no longer reported in 2024 (was €1,315)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,494 | €320,838 | +€8,343 | +2.7% |
| Current assets | 29/58 | €312,494 | €320,838 | +€8,343 | +2.7% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,494 | €20,838 | +€8,343 | +66.8% |
| Total equity and liabilities | 10/49 | €312,494 | €320,838 | +€8,343 | +2.7% |
| Equity | 10/15 | €14,281 | €23,024 | +€8,743 | +61.2% |
| Reserves | 13 | €14,281 | €23,024 | +€8,743 | +61.2% |
| Distributable reserves | 133 | €14,281 | €23,024 | +€8,743 | +61.2% |
| Amounts payable | 17/49 | €298,213 | €297,814 | -€400 | -0.1% |
| Amounts payable within one year | 42/48 | €296,963 | €296,564 | -€400 | -0.1% |
| Trade debts | 44 | €743 | €3,104 | +€2,362 | +317.8% |
| Suppliers | 440/4 | €743 | €3,104 | +€2,362 | +317.8% |
| Taxes, remuneration and social security | 45 | €11,220 | €8,459 | -€2,761 | -24.6% |
| Taxes | 450/3 | €11,220 | €8,459 | -€2,761 | -24.6% |
| Other amounts payable | 47/48 | €285,000 | €285,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €19,828 | €14,284 | -€5,545 | -28.0% |
| Operating profit (loss) | 9901 | €19,329 | €13,770 | -€5,558 | -28.8% |
| Financial income | 75/76B | €1,315 | - | -€1,315 | |
| Recurring financial income | 75 | €1,315 | - | -€1,315 | |
| Financial charges | 65/66B | €39 | €39 | +€0 | +0.1% |
| Recurring financial charges | 65 | €39 | €39 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €20,605 | €13,731 | -€6,874 | -33.4% |
| Income taxes | 67/77 | €7,324 | €4,989 | -€2,336 | -31.9% |
| Profit (loss) for the period | 9904 | €13,281 | €8,743 | -€4,538 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,281 | €8,743 | -€4,538 | -34.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.