MANEGE GREEN CORNER: what changed
What changed
MANEGE GREEN CORNER
NACE 93.110, Operation of sports facilities
filed annual accounts (NBB)
Net result for the year
-€49,375
2023 · -€26,715-€22,660
Equity
-€55,131
2023 · -€5,756-€49,375
Cash
€7,345
2023 · €3,033+€4,312
Balance sheet total
€584,870
2023 · €253,635+€331,235
Largest movements
Assets
- Tangible fixed assets +€319,565
up €319,565 (+128%), from €249,321 to €568,886
of which Land and buildings: +€299,167
- Receivables within one year +€7,358
up €7,358 (+575%), from €1,280 to €8,639
Equity and liabilities
- Debts after one year +€269,241
new in 2024: €269,241
- Profit (loss) carried forward -€49,375
down €49,375 (-85.5%), from -€57,735 to -€107,110
- Other debts +€43,972
up €43,972 (+19.6%), from €224,658 to €268,631
- Trade debts +€39,356
up €39,356 (+113%), from €34,732 to €74,088
- Current portion of long-term debt +€26,754
new in 2024: €26,754
Income statement
- Gross operating margin -€10,536
down €10,536 (-135%), from -€7,780 to -€18,316
- Depreciation +€8,976
up €8,976 (+64.7%), from €13,871 to €22,847
- Financial charges +€4,621
up €4,621 (+3,982%), from €116 to €4,737
- Other operating charges +€654
up €654 (+20.2%), from €3,239 to €3,893
- Financial income +€417
new in 2024: €417
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€26,715
Gross operating margin
-€10,536
Depreciation
-€8,976
Other operating charges
-€654
Other operating items
+€1,709
Financial income
+€417
Financial charges
-€4,621
Result 2024
-€49,375
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€50,729
Investment
-€342,411
Financing
+€295,995
Cash 2023
€3,033
From operations (derived)
+€50,729
Net result for the year
-€49,375
Depreciation
+€22,847
Receivables within one year
-€7,358
Trade debts
+€39,356
Other debts
+€43,972
Accrued charges and deferred income
+€1,287
Investment (derived)
-€342,411
Investment in fixed assets (net)
-€342,411
Financing
+€295,995
Debts after one year
+€269,241
Current portion of long-term debt
+€26,754
Cash 2024
€7,345
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,635 | €584,870 | +€331,235 | +131% |
| Fixed assets | 21/28 | €249,321 | €568,886 | +€319,565 | +128% |
| Tangible fixed assets | 22/27 | €249,321 | €568,886 | +€319,565 | +128% |
| Land and buildings | 22 | €249,321 | €548,489 | +€299,167 | +120% |
| Plant, machinery and equipment | 23 | - | €20,398 | +€20,398 | |
| Current assets | 29/58 | €4,313 | €15,984 | +€11,670 | +271% |
| Amounts receivable within one year | 40/41 | €1,280 | €8,639 | +€7,358 | +575% |
| Other amounts receivable | 41 | €1,280 | €8,639 | +€7,358 | +575% |
| Cash at bank and in hand | 54/58 | €3,033 | €7,345 | +€4,312 | +142% |
| Total equity and liabilities | 10/49 | €253,635 | €584,870 | +€331,235 | +131% |
| Equity | 10/15 | -€5,756 | -€55,131 | -€49,375 | -858% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €2,400 | €2,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,400 | €2,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,735 | -€107,110 | -€49,375 | -85.5% |
| Amounts payable | 17/49 | €259,390 | €640,001 | +€380,610 | +147% |
| Amounts payable after more than one year | 17 | - | €269,241 | +€269,241 | |
| Financial debts | 170/4 | - | €269,241 | +€269,241 | |
| Amounts payable within one year | 42/48 | €259,390 | €369,472 | +€110,082 | +42.4% |
| Current portion of amounts payable after more than one year | 42 | - | €26,754 | +€26,754 | |
| Trade debts | 44 | €34,732 | €74,088 | +€39,356 | +113% |
| Suppliers | 440/4 | €34,732 | €74,088 | +€39,356 | +113% |
| Other amounts payable | 47/48 | €224,658 | €268,631 | +€43,972 | +19.6% |
| Accrued charges and deferred income | 492/3 | - | €1,287 | +€1,287 | |
| Non-recurring operating income | 76A | €7,215 | €0 | -€7,215 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,871 | €22,847 | +€8,976 | +64.7% |
| Other operating charges | 640/8 | €3,239 | €3,893 | +€654 | +20.2% |
| Non-recurring operating charges | 66A | €1,709 | €0 | -€1,709 | -100% |
| Gross operating margin | 9900 | -€7,780 | -€18,316 | -€10,536 | -135% |
| Operating profit (loss) | 9901 | -€26,599 | -€45,055 | -€18,456 | -69.4% |
| Financial income | 75/76B | - | €417 | +€417 | |
| Recurring financial income | 75 | - | €417 | +€417 | |
| Financial charges | 65/66B | €116 | €4,737 | +€4,621 | +3,982% |
| Recurring financial charges | 65 | €116 | €4,737 | +€4,621 | +3,982% |
| Profit (loss) for the period before taxes | 9903 | -€26,715 | -€49,375 | -€22,660 | -84.8% |
| Profit (loss) for the period | 9904 | -€26,715 | -€49,375 | -€22,660 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,715 | -€49,375 | -€22,660 | -84.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.