MANGETOUT: 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.
MANGETOUT
Largest movements
- Tangible fixed assets -€18,270
down €18,270 (-13.5%), from €135,493 to €117,223
of which Land and buildings: -€11,567
- Cash -€7,058
down €7,058 (-14.2%), from €49,641 to €42,583
mainly Debts after one year (-€24,911) and Tax, wage and social debts (-€2,798)
- Debts after one year -€24,911
down €24,911 (-46.6%), from €53,403 to €28,492
- Tax, wage and social debts -€2,798
down €2,798 (-34.6%), from €8,083 to €5,285
of which Taxes: -€5,198
- Gross operating margin -€7,921
down €7,921 (-30.3%), from €26,125 to €18,204
- Taxes -€1,867
down €1,867 (-79.4%), from €2,352 to €485
- Depreciation -€869
down €869 (-5.9%), from €14,668 to €13,799
- Financial charges -€531
down €531 (-18.0%), from €2,949 to €2,417
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.
Cash bridge derived
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 | €203,334 | €179,066 | -€24,267 | -11.9% |
| Fixed assets | 21/28 | €135,493 | €117,223 | -€18,270 | -13.5% |
| Tangible fixed assets | 22/27 | €135,493 | €117,223 | -€18,270 | -13.5% |
| Land and buildings | 22 | €121,584 | €110,017 | -€11,567 | -9.5% |
| Plant, machinery and equipment | 23 | €4,823 | €7,206 | +€2,383 | +49.4% |
| Furniture and vehicles | 24 | €9,086 | - | -€9,086 | |
| Current assets | 29/58 | €67,841 | €61,843 | -€5,997 | -8.8% |
| Amounts receivable within one year | 40/41 | €16,720 | €16,700 | -€20 | -0.1% |
| Trade receivables | 40 | €12,784 | €12,547 | -€237 | -1.9% |
| Other amounts receivable | 41 | €3,936 | €4,153 | +€217 | +5.5% |
| Cash at bank and in hand | 54/58 | €49,641 | €42,583 | -€7,058 | -14.2% |
| Deferred charges and accrued income | 490/1 | €1,480 | €2,561 | +€1,081 | +73.1% |
| Total equity and liabilities | 10/49 | €203,334 | €179,066 | -€24,267 | -11.9% |
| Equity | 10/15 | €101,473 | €102,549 | +€1,076 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,873 | €83,949 | +€1,076 | +1.3% |
| Distributable reserves | 133 | €82,873 | €83,949 | +€1,076 | +1.3% |
| Amounts payable | 17/49 | €101,860 | €76,517 | -€25,343 | -24.9% |
| Amounts payable after more than one year | 17 | €53,403 | €28,492 | -€24,911 | -46.6% |
| Financial debts | 170/4 | €53,403 | €28,492 | -€24,911 | -46.6% |
| Amounts payable within one year | 42/48 | €48,457 | €48,025 | -€432 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €24,373 | €24,911 | +€538 | +2.2% |
| Trade debts | 44 | €15,447 | €17,299 | +€1,852 | +12.0% |
| Suppliers | 440/4 | €15,447 | €17,299 | +€1,852 | +12.0% |
| Taxes, remuneration and social security | 45 | €8,083 | €5,285 | -€2,798 | -34.6% |
| Taxes | 450/3 | €5,683 | €485 | -€5,198 | -91.5% |
| Remuneration and social security | 454/9 | €2,400 | €4,800 | +€2,400 | +100.0% |
| Other amounts payable | 47/48 | €555 | €531 | -€24 | -4.3% |
| Non-recurring operating income | 76A | - | €34,364 | +€34,364 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,668 | €13,799 | -€869 | -5.9% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €26,125 | €18,204 | -€7,921 | -30.3% |
| Operating profit (loss) | 9901 | €11,008 | €3,943 | -€7,065 | -64.2% |
| Financial income | 75/76B | €189 | €35 | -€154 | -81.5% |
| Recurring financial income | 75 | €189 | €35 | -€154 | -81.5% |
| Financial charges | 65/66B | €2,949 | €2,417 | -€531 | -18.0% |
| Recurring financial charges | 65 | €2,949 | €2,417 | -€531 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €8,249 | €1,561 | -€6,688 | -81.1% |
| Income taxes | 67/77 | €2,352 | €485 | -€1,867 | -79.4% |
| Profit (loss) for the period | 9904 | €5,897 | €1,076 | -€4,821 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,897 | €1,076 | -€4,821 | -81.8% |
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 10 October 2026 via checked.be.