MANGIA: 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.
MANGIA
Largest movements
- Tangible fixed assets +€33,659
up €33,659 (+680.5%), from €4,946 to €38,605
of which Furniture and vehicles: +€26,709
- Cash -€14,098
down €14,098 (-41.0%), from €34,364 to €20,266
mainly Investment in fixed assets (net) (-€40,015) and Net result for the year (-€10,814)
- Stocks and contracts +€2,574
up €2,574 (+65.8%), from €3,915 to €6,490
- Receivables within one year -€1,617
down €1,617 (-33.7%), from €4,804 to €3,187
of which Trade receivables: -€1,712
- Debts after one year +€25,937
up €25,937 (+95.5%), from €27,162 to €53,100
of which Financial debts: +€25,937
- Profit (loss) carried forward -€10,814
down €10,814 (-201.9%), from -€5,357 to -€16,171
- Current portion of long-term debt +€6,646
up €6,646 (+210.0%), from €3,165 to €9,811
- Tax, wage and social debts -€4,005
down €4,005 (-70.6%), from €5,670 to €1,665
of which Taxes: -€3,236
- Trade debts +€3,306
up €3,306 (+78.9%), from €4,191 to €7,497
- Gross operating margin -€44,049
down €44,049 (-97.1%), from €45,387 to €1,338
- Staff costs -€9,184
down €9,184 (-70.5%), from €13,024 to €3,840
- Taxes -€2,066
down €2,066 (-91.0%), from €2,271 to €204
- Depreciation +€2,042
up €2,042 (+47.4%), from €4,313 to €6,356
- Financial charges +€674
up €674 (+178.5%), from €378 to €1,052
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 | €48,267 | €68,803 | +€20,536 | +42.5% |
| Fixed assets | 21/28 | €4,946 | €38,605 | +€33,659 | +680.5% |
| Tangible fixed assets | 22/27 | €4,946 | €38,605 | +€33,659 | +680.5% |
| Plant, machinery and equipment | 23 | €3,485 | €10,490 | +€7,005 | +201.0% |
| Furniture and vehicles | 24 | €0 | €26,709 | +€26,709 | |
| Other tangible fixed assets | 26 | €1,461 | €1,406 | -€55 | -3.7% |
| Current assets | 29/58 | €43,321 | €30,197 | -€13,124 | -30.3% |
| Stocks and contracts in progress | 3 | €3,915 | €6,490 | +€2,574 | +65.8% |
| Stocks | 30/36 | €3,915 | €6,490 | +€2,574 | +65.8% |
| Amounts receivable within one year | 40/41 | €4,804 | €3,187 | -€1,617 | -33.7% |
| Trade receivables | 40 | €4,804 | €3,092 | -€1,712 | -35.6% |
| Other amounts receivable | 41 | €0 | €96 | +€96 | |
| Cash at bank and in hand | 54/58 | €34,364 | €20,266 | -€14,098 | -41.0% |
| Deferred charges and accrued income | 490/1 | €238 | €254 | +€16 | +6.8% |
| Total equity and liabilities | 10/49 | €48,267 | €68,803 | +€20,536 | +42.5% |
| Equity | 10/15 | €4,643 | -€6,171 | -€10,814 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,357 | -€16,171 | -€10,814 | -201.9% |
| Amounts payable | 17/49 | €43,625 | €74,974 | +€31,350 | +71.9% |
| Amounts payable after more than one year | 17 | €27,162 | €53,100 | +€25,937 | +95.5% |
| Financial debts | 170/4 | €2,162 | €28,100 | +€25,937 | +1199.5% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,342 | €21,754 | +€5,412 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €3,165 | €9,811 | +€6,646 | +210.0% |
| Trade debts | 44 | €4,191 | €7,497 | +€3,306 | +78.9% |
| Suppliers | 440/4 | €4,191 | €7,497 | +€3,306 | +78.9% |
| Taxes, remuneration and social security | 45 | €5,670 | €1,665 | -€4,005 | -70.6% |
| Taxes | 450/3 | €3,563 | €327 | -€3,236 | -90.8% |
| Remuneration and social security | 454/9 | €2,107 | €1,338 | -€769 | -36.5% |
| Other amounts payable | 47/48 | €3,316 | €2,781 | -€535 | -16.1% |
| Accrued charges and deferred income | 492/3 | €120 | €120 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €13,024 | €3,840 | -€9,184 | -70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,313 | €6,356 | +€2,042 | +47.4% |
| Other operating charges | 640/8 | €638 | €727 | +€89 | +14.0% |
| Gross operating margin | 9900 | €45,387 | €1,338 | -€44,049 | -97.1% |
| Operating profit (loss) | 9901 | €27,413 | -€9,584 | -€36,997 | |
| Financial income | 75/76B | €33 | €27 | -€6 | -18.8% |
| Recurring financial income | 75 | €33 | €27 | -€6 | -18.8% |
| Financial charges | 65/66B | €378 | €1,052 | +€674 | +178.5% |
| Recurring financial charges | 65 | €378 | €1,052 | +€674 | +178.5% |
| Profit (loss) for the period before taxes | 9903 | €27,068 | -€10,610 | -€37,678 | |
| Income taxes | 67/77 | €2,271 | €204 | -€2,066 | -91.0% |
| Profit (loss) for the period | 9904 | €24,798 | -€10,814 | -€35,612 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,798 | -€10,814 | -€35,612 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.