MANDO SPORT: 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.
MANDO SPORT
Largest movements
- Receivables within one year -€5,526
down €5,526 (-84.5%), from €6,539 to €1,014
- Formation expenses -€4,500
down €4,500 (-11.4%), from €39,375 to €34,875
- Cash -€3,904
down €3,904 (-22.3%), from €17,523 to €13,619
mainly Debts after one year (-€14,130) and Other debts (-€7,139)
- Debts after one year -€14,130
down €14,130 (-34.9%), from €40,521 to €26,391
- Other debts -€7,139
down €7,139 (-58.5%), from €12,204 to €5,065
- Profit (loss) carried forward +€3,173
up €3,173 (+25.3%), from €12,547 to €15,720
- Trade debts +€2,454
up €2,454 (+2,511%), from €98 to €2,551
- Tax, wage and social debts +€1,004
up €1,004 (+11.9%), from €8,453 to €9,457
- Gross operating margin -€866
down €866 (-5.6%), from €15,370 to €14,503
- Taxes -€340
down €340 (-9.6%), from €3,528 to €3,188
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 | €90,354 | €76,315 | -€14,040 | -15.5% |
| Formation expenses | 20 | €39,375 | €34,875 | -€4,500 | -11.4% |
| Current assets | 29/58 | €50,979 | €41,440 | -€9,540 | -18.7% |
| Stocks and contracts in progress | 3 | €26,807 | €26,807 | = | 0.0% |
| Stocks | 30/36 | €26,807 | €26,807 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,539 | €1,014 | -€5,526 | -84.5% |
| Trade receivables | 40 | €6,539 | €1,014 | -€5,526 | -84.5% |
| Cash at bank and in hand | 54/58 | €17,523 | €13,619 | -€3,904 | -22.3% |
| Deferred charges and accrued income | 490/1 | €110 | - | -€110 | |
| Total equity and liabilities | 10/49 | €90,354 | €76,315 | -€14,040 | -15.5% |
| Equity | 10/15 | €15,547 | €18,720 | +€3,173 | +20.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,547 | €15,720 | +€3,173 | +25.3% |
| Amounts payable | 17/49 | €74,807 | €57,595 | -€17,212 | -23.0% |
| Amounts payable after more than one year | 17 | €40,521 | €26,391 | -€14,130 | -34.9% |
| Financial debts | 170/4 | €40,521 | €26,391 | -€14,130 | -34.9% |
| Amounts payable within one year | 42/48 | €34,286 | €31,204 | -€3,082 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €13,532 | €14,130 | +€598 | +4.4% |
| Trade debts | 44 | €98 | €2,551 | +€2,454 | +2,511% |
| Suppliers | 440/4 | €98 | €2,551 | +€2,454 | +2,511% |
| Taxes, remuneration and social security | 45 | €8,453 | €9,457 | +€1,004 | +11.9% |
| Taxes | 450/3 | €8,453 | €9,457 | +€1,004 | +11.9% |
| Other amounts payable | 47/48 | €12,204 | €5,065 | -€7,139 | -58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,500 | €4,500 | = | 0.0% |
| Other operating charges | 640/8 | - | €58 | +€58 | |
| Gross operating margin | 9900 | €15,370 | €14,503 | -€866 | -5.6% |
| Operating profit (loss) | 9901 | €10,870 | €9,945 | -€924 | -8.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,663 | €3,584 | -€79 | -2.2% |
| Recurring financial charges | 65 | €3,663 | €3,584 | -€79 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €7,206 | €6,361 | -€845 | -11.7% |
| Income taxes | 67/77 | €3,528 | €3,188 | -€340 | -9.6% |
| Profit (loss) for the period | 9904 | €3,678 | €3,173 | -€505 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,678 | €3,173 | -€505 | -13.7% |
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 27 October 2026 via checked.be.