MangoGem: 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.
MangoGem
Largest movements
- Cash -€1.0m
down €1.0m (-92.5%), from €1.1m to €83,477
mainly Current investments (-€979,425) and Receivables within one year (-€840,496)
- Current investments +€979,425
up €979,425 (+812.5%), from €120,539 to €1.1m
- Receivables within one year +€840,496
up €840,496 (+75.1%), from €1.1m to €2.0m
of which Trade receivables: +€837,634
- Deferred charges and accrued income +€257,712
up €257,712 (+1821.8%), from €14,146 to €271,858
- Intangible fixed assets -€48,540
down €48,540 (-63.7%), from €76,234 to €27,695
- Accrued charges and deferred income +€1.1m
up €1.1m (+223.9%), from €500,000 to €1.6m
- Profit (loss) carried forward -€87,000
down €87,000 (-8.0%), from €1.1m to €994,419
- Gross operating margin -€838,374
down €838,374 (-51.1%), from €1.6m to €802,534
- Taxes -€247,736
down €247,736 (-99.2%), from €249,855 to €2,119
- Staff costs +€232,614
up €232,614 (+38.3%), from €606,690 to €839,304
- Financial income +€20,702
up €20,702 (+251.3%), from €8,237 to €28,938
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 | €2,475,839 | €3,470,570 | +€994,732 | +40.2% |
| Fixed assets | 21/28 | €104,028 | €55,085 | -€48,943 | -47.0% |
| Intangible fixed assets | 21 | €76,234 | €27,695 | -€48,540 | -63.7% |
| Tangible fixed assets | 22/27 | €22,074 | €21,671 | -€403 | -1.8% |
| Furniture and vehicles | 24 | €22,074 | €21,671 | -€403 | -1.8% |
| Financial fixed assets | 28 | €5,720 | €5,720 | = | 0.0% |
| Current assets | 29/58 | €2,371,810 | €3,415,485 | +€1.0m | +44.0% |
| Amounts receivable within one year | 40/41 | €1,119,690 | €1,960,186 | +€840,496 | +75.1% |
| Trade receivables | 40 | €1,105,827 | €1,943,461 | +€837,634 | +75.7% |
| Other amounts receivable | 41 | €13,863 | €16,726 | +€2,862 | +20.6% |
| Current investments | 50/53 | €120,539 | €1,099,964 | +€979,425 | +812.5% |
| Cash at bank and in hand | 54/58 | €1,117,435 | €83,477 | -€1.0m | -92.5% |
| Deferred charges and accrued income | 490/1 | €14,146 | €271,858 | +€257,712 | +1821.8% |
| Total equity and liabilities | 10/49 | €2,475,839 | €3,470,570 | +€994,732 | +40.2% |
| Equity | 10/15 | €1,729,465 | €1,642,466 | -€87,000 | -5.0% |
| Contributions | 10/11 | €479,552 | €479,552 | = | 0.0% |
| Capital | 10 | €479,552 | €479,552 | = | 0.0% |
| Issued capital | 100 | €479,552 | €479,552 | = | 0.0% |
| Reserves | 13 | €168,494 | €168,494 | = | 0.0% |
| Non-distributable reserves | 130/1 | €168,494 | €168,494 | = | 0.0% |
| Legal reserve | 130 | €47,955 | €47,955 | = | 0.0% |
| Reserves not available under the articles | 1311 | €120,539 | €120,539 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,081,419 | €994,419 | -€87,000 | -8.0% |
| Amounts payable | 17/49 | €746,373 | €1,828,105 | +€1.1m | +144.9% |
| Amounts payable within one year | 42/48 | €246,373 | €208,437 | -€37,936 | -15.4% |
| Trade debts | 44 | €65,548 | €35,307 | -€30,241 | -46.1% |
| Suppliers | 440/4 | €65,548 | €35,307 | -€30,241 | -46.1% |
| Taxes, remuneration and social security | 45 | €167,848 | €158,769 | -€9,079 | -5.4% |
| Taxes | 450/3 | €67,384 | €67,384 | = | 0.0% |
| Remuneration and social security | 454/9 | €100,463 | €91,384 | -€9,079 | -9.0% |
| Other amounts payable | 47/48 | €12,978 | €14,361 | +€1,384 | +10.7% |
| Accrued charges and deferred income | 492/3 | €500,000 | €1,619,668 | +€1.1m | +223.9% |
| Remuneration, social security and pensions | 62 | €606,690 | €839,304 | +€232,614 | +38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,511 | €61,774 | +€1,263 | +2.1% |
| Other operating charges | 640/8 | €5,285 | €3,025 | -€2,260 | -42.8% |
| Gross operating margin | 9900 | €1,640,908 | €802,534 | -€838,374 | -51.1% |
| Operating profit (loss) | 9901 | €968,422 | -€101,569 | -€1.1m | |
| Financial income | 75/76B | €8,237 | €28,938 | +€20,702 | +251.3% |
| Recurring financial income | 75 | €8,237 | €28,938 | +€20,702 | +251.3% |
| Financial charges | 65/66B | €25,419 | €12,250 | -€13,169 | -51.8% |
| Recurring financial charges | 65 | €18,419 | €12,250 | -€6,169 | -33.5% |
| Non-recurring financial charges | 66B | €7,000 | - | -€7,000 | |
| Profit (loss) for the period before taxes | 9903 | €951,239 | -€84,880 | -€1.0m | |
| Income taxes | 67/77 | €249,855 | €2,119 | -€247,736 | -99.2% |
| Profit (loss) for the period | 9904 | €701,384 | -€87,000 | -€788,384 | |
| Profit (loss) for the period to be appropriated | 9905 | €701,384 | -€87,000 | -€788,384 |
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 12 October 2026 via checked.be.