MANEMA CARE: 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.
MANEMA CARE
Largest movements
- Receivables within one year +€65,717
up €65,717 (+115%), from €57,255 to €122,972
- Tangible fixed assets -€33,942
down €33,942 (-5.3%), from €641,233 to €607,291
of which Land and buildings: -€17,319
- Cash +€15,765
up €15,765 (+37.4%), from €42,112 to €57,876
mainly Net result for the year (+€91,763) and Depreciation (+€39,394)
- Deferred charges and accrued income +€9,544
up €9,544 (+15.9%), from €60,175 to €69,719
- Reserves +€91,000
up €91,000 (+30.4%), from €299,610 to €390,610
of which Distributable reserves: +€91,000
- Debts after one year -€48,986
down €48,986 (-15.8%), from €309,794 to €260,808
- Accrued charges and deferred income +€13,191
up €13,191 (+38.7%), from €34,066 to €47,257
- Depreciation -€9,653
down €9,653 (-19.7%), from €49,048 to €39,394
- Taxes +€3,310
up €3,310 (+9.4%), from €35,370 to €38,680
- Gross operating margin -€2,478
down €2,478 (-1.4%), from €177,129 to €174,650
- Other operating charges -€2,111
no longer reported in 2025 (was €2,111)
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 | €886,383 | €946,035 | +€59,652 | +6.7% |
| Fixed assets | 21/28 | €641,233 | €607,291 | -€33,942 | -5.3% |
| Tangible fixed assets | 22/27 | €641,233 | €607,291 | -€33,942 | -5.3% |
| Land and buildings | 22 | €569,039 | €551,720 | -€17,319 | -3.0% |
| Plant, machinery and equipment | 23 | €8,854 | €6,441 | -€2,413 | -27.3% |
| Furniture and vehicles | 24 | €63,339 | €49,129 | -€14,210 | -22.4% |
| Current assets | 29/58 | €245,150 | €338,744 | +€93,594 | +38.2% |
| Amounts receivable after more than one year | 29 | €85,609 | €88,177 | +€2,568 | +3.0% |
| Other amounts receivable | 291 | €85,609 | €88,177 | +€2,568 | +3.0% |
| Amounts receivable within one year | 40/41 | €57,255 | €122,972 | +€65,717 | +115% |
| Other amounts receivable | 41 | €57,255 | €122,972 | +€65,717 | +115% |
| Cash at bank and in hand | 54/58 | €42,112 | €57,876 | +€15,765 | +37.4% |
| Deferred charges and accrued income | 490/1 | €60,175 | €69,719 | +€9,544 | +15.9% |
| Total equity and liabilities | 10/49 | €886,383 | €946,035 | +€59,652 | +6.7% |
| Equity | 10/15 | €488,874 | €580,637 | +€91,763 | +18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €299,610 | €390,610 | +€91,000 | +30.4% |
| Tax-exempt reserves | 132 | €3,750 | €3,750 | = | 0.0% |
| Distributable reserves | 133 | €295,860 | €386,860 | +€91,000 | +30.8% |
| Profit (loss) carried forward | 14 | €170,664 | €171,427 | +€763 | +0.4% |
| Amounts payable | 17/49 | €397,509 | €365,397 | -€32,111 | -8.1% |
| Amounts payable after more than one year | 17 | €309,794 | €260,808 | -€48,986 | -15.8% |
| Financial debts | 170/4 | €309,794 | €260,808 | -€48,986 | -15.8% |
| Amounts payable within one year | 42/48 | €53,649 | €57,332 | +€3,683 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €47,459 | €48,986 | +€1,527 | +3.2% |
| Trade debts | 44 | €3,436 | €5,500 | +€2,064 | +60.1% |
| Suppliers | 440/4 | €3,436 | €5,500 | +€2,064 | +60.1% |
| Taxes, remuneration and social security | 45 | €2,000 | €2,092 | +€92 | +4.6% |
| Taxes | 450/3 | €2,000 | €2,092 | +€92 | +4.6% |
| Other amounts payable | 47/48 | €754 | €754 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €34,066 | €47,257 | +€13,191 | +38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,048 | €39,394 | -€9,653 | -19.7% |
| Other operating charges | 640/8 | €2,111 | - | -€2,111 | |
| Gross operating margin | 9900 | €177,129 | €174,650 | -€2,478 | -1.4% |
| Operating profit (loss) | 9901 | €125,970 | €135,256 | +€9,286 | +7.4% |
| Financial income | 75/76B | €6,129 | €5,889 | -€239 | -3.9% |
| Recurring financial income | 75 | €6,129 | €5,889 | -€239 | -3.9% |
| Financial charges | 65/66B | €11,796 | €10,703 | -€1,093 | -9.3% |
| Recurring financial charges | 65 | €11,796 | €10,703 | -€1,093 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €120,303 | €130,443 | +€10,140 | +8.4% |
| Income taxes | 67/77 | €35,370 | €38,680 | +€3,310 | +9.4% |
| Profit (loss) for the period | 9904 | €84,933 | €91,763 | +€6,830 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,933 | €91,763 | +€6,830 | +8.0% |
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 30 October 2026 via checked.be.