MANGUI: 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.
MANGUI
Largest movements
- Tangible fixed assets -€15,148
down €15,148 (-3.9%), from €384,760 to €369,612
of which Land and buildings: -€14,707
- Debts after one year -€16,095
down €16,095 (-7.6%), from €212,429 to €196,335
- Purchases and services +€536
up €536 (+9.4%), from €5,712 to €6,248
- Financial charges -€409
down €409 (-6.6%), from €6,238 to €5,829
- Gross operating margin -€271
down €271 (-1.0%), from €26,388 to €26,117
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 | €502,896 | €487,507 | -€15,389 | -3.1% |
| Formation expenses | 20 | €45,941 | €44,268 | -€1,673 | -3.6% |
| Fixed assets | 21/28 | €384,760 | €369,612 | -€15,148 | -3.9% |
| Tangible fixed assets | 22/27 | €384,760 | €369,612 | -€15,148 | -3.9% |
| Land and buildings | 22 | €381,756 | €367,049 | -€14,707 | -3.9% |
| Plant, machinery and equipment | 23 | €3,004 | €2,563 | -€442 | -14.7% |
| Current assets | 29/58 | €72,195 | €73,627 | +€1,433 | +2.0% |
| Amounts receivable within one year | 40/41 | €69,089 | €70,372 | +€1,283 | +1.9% |
| Other amounts receivable | 41 | €69,089 | €70,372 | +€1,283 | +1.9% |
| Cash at bank and in hand | 54/58 | €2,583 | €2,502 | -€80 | -3.1% |
| Deferred charges and accrued income | 490/1 | €523 | €753 | +€230 | +44.0% |
| Total equity and liabilities | 10/49 | €502,896 | €487,507 | -€15,389 | -3.1% |
| Equity | 10/15 | €2,737 | €4,888 | +€2,151 | +78.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,040 | €2,040 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €2,040 | +€2,040 | |
| Legal reserve | 130 | - | €2,040 | +€2,040 | |
| Distributable reserves | 133 | €2,040 | - | -€2,040 | |
| Profit (loss) carried forward | 14 | -€19,303 | -€17,152 | +€2,151 | +11.1% |
| Amounts payable | 17/49 | €500,159 | €482,619 | -€17,540 | -3.5% |
| Amounts payable after more than one year | 17 | €212,429 | €196,335 | -€16,095 | -7.6% |
| Financial debts | 170/4 | €212,429 | €196,335 | -€16,095 | -7.6% |
| Amounts payable within one year | 42/48 | €287,730 | €286,285 | -€1,445 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €15,688 | €16,095 | +€407 | +2.6% |
| Trade debts | 44 | €523 | - | -€523 | |
| Suppliers | 440/4 | €523 | - | -€523 | |
| Other amounts payable | 47/48 | €271,519 | €270,190 | -€1,329 | -0.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,712 | €6,248 | +€536 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,834 | €16,821 | -€13 | -0.1% |
| Other operating charges | 640/8 | €1,275 | €1,315 | +€40 | +3.1% |
| Gross operating margin | 9900 | €26,388 | €26,117 | -€271 | -1.0% |
| Operating profit (loss) | 9901 | €8,278 | €7,981 | -€298 | -3.6% |
| Financial charges | 65/66B | €6,238 | €5,829 | -€409 | -6.6% |
| Recurring financial charges | 65 | €6,238 | €5,829 | -€409 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €2,040 | €2,151 | +€111 | +5.5% |
| Profit (loss) for the period | 9904 | €2,040 | €2,151 | +€111 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,040 | €2,151 | +€111 | +5.5% |
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.