Mangone: 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.
Mangone
Largest movements
- Tangible fixed assets +€469,382
up €469,382 (+103595.8%), from €453 to €469,835
of which Assets under construction and advance payments: +€469,686
- Debts after one year +€457,775
new in 2025: €457,775
of which Other amounts payable: +€262,753
- Other debts +€31,200
new in 2025: €31,200
- Profit (loss) carried forward -€16,251
down €16,251 (-69.2%), from -€23,485 to -€39,736
- Financial charges +€11,006
up €11,006 (+18042.0%), from €61 to €11,067
- Gross operating margin +€2,394
up €2,394 (+36.2%), from -€6,615 to -€4,222
- Other operating charges -€138
down €138 (-17.3%), from €796 to €658
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 | €5,066 | €476,734 | +€471,668 | +9310.6% |
| Fixed assets | 21/28 | €453 | €469,835 | +€469,382 | +103595.8% |
| Tangible fixed assets | 22/27 | €453 | €469,835 | +€469,382 | +103595.8% |
| Furniture and vehicles | 24 | €453 | €149 | -€304 | -67.1% |
| Assets under construction and advance payments | 27 | - | €469,686 | +€469,686 | |
| Current assets | 29/58 | €4,613 | €6,899 | +€2,286 | +49.6% |
| Amounts receivable within one year | 40/41 | €1,499 | €3,794 | +€2,295 | +153.1% |
| Trade receivables | 40 | €1,499 | €3,794 | +€2,295 | +153.1% |
| Cash at bank and in hand | 54/58 | €3,114 | €3,105 | -€9 | -0.3% |
| Total equity and liabilities | 10/49 | €5,066 | €476,734 | +€471,668 | +9310.6% |
| Equity | 10/15 | €1,315 | -€14,936 | -€16,251 | |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,485 | -€39,736 | -€16,251 | -69.2% |
| Amounts payable | 17/49 | €3,751 | €491,670 | +€487,919 | +13007.6% |
| Amounts payable after more than one year | 17 | - | €457,775 | +€457,775 | |
| Financial debts | 170/4 | - | €195,022 | +€195,022 | |
| Other amounts payable | 178/9 | - | €262,753 | +€262,753 | |
| Amounts payable within one year | 42/48 | €3,751 | €33,894 | +€30,143 | +803.6% |
| Trade debts | 44 | €3,751 | €2,694 | -€1,057 | -28.2% |
| Suppliers | 440/4 | €3,751 | €2,694 | -€1,057 | -28.2% |
| Other amounts payable | 47/48 | - | €31,200 | +€31,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304 | €304 | = | 0.0% |
| Other operating charges | 640/8 | €796 | €658 | -€138 | -17.3% |
| Gross operating margin | 9900 | -€6,615 | -€4,222 | +€2,394 | +36.2% |
| Operating profit (loss) | 9901 | -€7,715 | -€5,184 | +€2,531 | +32.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €61 | €11,067 | +€11,006 | +18042.0% |
| Recurring financial charges | 65 | €61 | €11,067 | +€11,006 | +18042.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,776 | -€16,251 | -€8,474 | -109.0% |
| Profit (loss) for the period | 9904 | -€7,776 | -€16,251 | -€8,474 | -109.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,776 | -€16,251 | -€8,474 | -109.0% |
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 9 October 2026 via checked.be.