MANDERLEY CONSTRUCT: 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.
MANDERLEY CONSTRUCT
Largest movements
- Cash +€62,934
up €62,934 (+42.4%), from €148,362 to €211,296
mainly Contributions, distributions and other (+€70,724) and Net result for the year (+€2,937)
- Contributions +€62,000
up €62,000 (+100.0%), from €62,000 to €124,000
- Reserves +€11,661
up €11,661 (+115.8%), from €10,065 to €21,726
of which Non-distributable reserves: +€6,200
- Accrued charges and deferred income -€10,892
down €10,892 (-16.0%), from €68,128 to €57,236
- Financial income +€3,847
new in 2024: €3,847
- Taxes +€851
up €851 (+664.1%), from €128 to €979
- Other operating charges +€527
up €527 (+105.6%), from €499 to €1,027
- Gross operating margin +€271
up €271 (+22.2%), from €1,221 to €1,492
- Financial charges +€155
up €155 (+64.3%), from €241 to €396
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 | €168,230 | €232,090 | +€63,861 | +38.0% |
| Current assets | 29/58 | €168,230 | €232,090 | +€63,861 | +38.0% |
| Amounts receivable within one year | 40/41 | €19,868 | €20,794 | +€926 | +4.7% |
| Trade receivables | 40 | €19,661 | €19,661 | = | 0.0% |
| Other amounts receivable | 41 | €207 | €1,133 | +€926 | +448.0% |
| Cash at bank and in hand | 54/58 | €148,362 | €211,296 | +€62,934 | +42.4% |
| Total equity and liabilities | 10/49 | €168,230 | €232,090 | +€63,861 | +38.0% |
| Equity | 10/15 | €72,065 | €145,726 | +€73,661 | +102.2% |
| Contributions | 10/11 | €62,000 | €124,000 | +€62,000 | +100.0% |
| Capital | 10 | €62,000 | €124,000 | +€62,000 | +100.0% |
| Issued capital | 100 | €62,000 | €124,000 | +€62,000 | +100.0% |
| Reserves | 13 | €10,065 | €21,726 | +€11,661 | +115.8% |
| Non-distributable reserves | 130/1 | €6,200 | €12,400 | +€6,200 | +100.0% |
| Legal reserve | 130 | €6,200 | €12,400 | +€6,200 | +100.0% |
| Distributable reserves | 133 | €3,865 | €9,326 | +€5,461 | +141.3% |
| Amounts payable | 17/49 | €96,164 | €86,364 | -€9,800 | -10.2% |
| Amounts payable within one year | 42/48 | €28,037 | €29,128 | +€1,092 | +3.9% |
| Trade debts | 44 | €1,238 | €2,458 | +€1,220 | +98.5% |
| Suppliers | 440/4 | €1,238 | €2,458 | +€1,220 | +98.5% |
| Taxes, remuneration and social security | 45 | €128 | - | -€128 | |
| Taxes | 450/3 | €128 | - | -€128 | |
| Other amounts payable | 47/48 | €26,671 | €26,671 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €68,128 | €57,236 | -€10,892 | -16.0% |
| Other operating charges | 640/8 | €499 | €1,027 | +€527 | +105.6% |
| Gross operating margin | 9900 | €1,221 | €1,492 | +€271 | +22.2% |
| Operating profit (loss) | 9901 | €721 | €465 | -€256 | -35.5% |
| Financial income | 75/76B | - | €3,847 | +€3,847 | |
| Recurring financial income | 75 | - | €3,847 | +€3,847 | |
| Financial charges | 65/66B | €241 | €396 | +€155 | +64.3% |
| Recurring financial charges | 65 | €241 | €396 | +€155 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €480 | €3,916 | +€3,436 | +715.6% |
| Income taxes | 67/77 | €128 | €979 | +€851 | +664.1% |
| Profit (loss) for the period | 9904 | €352 | €2,937 | +€2,585 | +734.4% |
| Profit (loss) for the period to be appropriated | 9905 | €352 | €2,937 | +€2,585 | +734.4% |
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 29 September 2026 via checked.be.