MANGO TANGO: 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.
MANGO TANGO
Largest movements
- Tangible fixed assets +€354,696
up €354,696 (+35.3%), from €1.0m to €1.4m
of which Land and buildings: +€358,042
- Current investments -€190,000
down €190,000 (-43.2%), from €440,000 to €250,000
- Receivables within one year -€24,544
down €24,544 (-76.3%), from €32,189 to €7,645
of which Other amounts receivable: -€26,494
- Reserves +€162,585
up €162,585 (+22.9%), from €711,245 to €873,830
- Debts after one year -€50,236
down €50,236 (-10.2%), from €490,131 to €439,895
- Gross operating margin +€163,701
up €163,701 (+134.0%), from €122,209 to €285,910
- Financial charges -€41,238
down €41,238 (-55.9%), from €73,707 to €32,469
- Taxes +€32,772
up €32,772 (+203.1%), from €16,136 to €48,908
- Financial income -€15,402
down €15,402 (-76.2%), from €20,224 to €4,822
- Depreciation +€10,537
up €10,537 (+32.0%), from €32,926 to €43,463
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 | €1,542,024 | €1,679,838 | +€137,814 | +8.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,013,816 | €1,368,512 | +€354,696 | +35.0% |
| Tangible fixed assets | 22/27 | €1,004,816 | €1,359,512 | +€354,696 | +35.3% |
| Land and buildings | 22 | €987,628 | €1,345,670 | +€358,042 | +36.3% |
| Plant, machinery and equipment | 23 | €15,455 | €13,459 | -€1,996 | -12.9% |
| Furniture and vehicles | 24 | €1,734 | €384 | -€1,350 | -77.9% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €528,207 | €311,326 | -€216,882 | -41.1% |
| Amounts receivable within one year | 40/41 | €32,189 | €7,645 | -€24,544 | -76.3% |
| Trade receivables | 40 | €0 | €1,950 | +€1,950 | |
| Other amounts receivable | 41 | €32,189 | €5,695 | -€26,494 | -82.3% |
| Current investments | 50/53 | €440,000 | €250,000 | -€190,000 | -43.2% |
| Cash at bank and in hand | 54/58 | €54,758 | €52,337 | -€2,421 | -4.4% |
| Deferred charges and accrued income | 490/1 | €1,261 | €1,344 | +€83 | +6.6% |
| Total equity and liabilities | 10/49 | €1,542,024 | €1,679,838 | +€137,814 | +8.9% |
| Equity | 10/15 | €736,245 | €898,830 | +€162,585 | +22.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €711,245 | €873,830 | +€162,585 | +22.9% |
| Distributable reserves | 133 | €711,245 | €873,830 | +€162,585 | +22.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €805,779 | €781,008 | -€24,771 | -3.1% |
| Amounts payable after more than one year | 17 | €490,131 | €439,895 | -€50,236 | -10.2% |
| Financial debts | 170/4 | €490,131 | €439,895 | -€50,236 | -10.2% |
| Amounts payable within one year | 42/48 | €302,074 | €323,319 | +€21,244 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €49,599 | €63,569 | +€13,970 | +28.2% |
| Trade debts | 44 | €905 | €386 | -€519 | -57.4% |
| Suppliers | 440/4 | €905 | €386 | -€519 | -57.4% |
| Taxes, remuneration and social security | 45 | €1,608 | €9,737 | +€8,129 | +505.4% |
| Taxes | 450/3 | €1,608 | €9,737 | +€8,129 | +505.4% |
| Other amounts payable | 47/48 | €249,963 | €249,627 | -€336 | -0.1% |
| Accrued charges and deferred income | 492/3 | €13,574 | €17,794 | +€4,221 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,926 | €43,463 | +€10,537 | +32.0% |
| Other operating charges | 640/8 | €2,822 | €3,307 | +€485 | +17.2% |
| Gross operating margin | 9900 | €122,209 | €285,910 | +€163,701 | +134.0% |
| Operating profit (loss) | 9901 | €86,462 | €239,140 | +€152,679 | +176.6% |
| Financial income | 75/76B | €20,224 | €4,822 | -€15,402 | -76.2% |
| Recurring financial income | 75 | €20,224 | €4,822 | -€15,402 | -76.2% |
| Financial charges | 65/66B | €73,707 | €32,469 | -€41,238 | -55.9% |
| Recurring financial charges | 65 | €73,707 | €32,469 | -€41,238 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €32,978 | €211,493 | +€178,515 | +541.3% |
| Income taxes | 67/77 | €16,136 | €48,908 | +€32,772 | +203.1% |
| Profit (loss) for the period | 9904 | €16,842 | €162,585 | +€145,744 | +865.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,842 | €162,585 | +€145,744 | +865.4% |
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 8 October 2026 via checked.be.