Mani Padel: 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.
Mani Padel
Largest movements
- Receivables within one year -€16,324
down €16,324 (-78.3%), from €20,847 to €4,522
of which Trade receivables: -€15,542
- Cash -€567
down €567 (-35.7%), from €1,585 to €1,018
mainly Other debts (-€13,125) and Net result for the year (-€3,603)
- Tangible fixed assets -€441
down €441 (-69.0%), from €638 to €198
- Other debts -€13,125
down €13,125 (-62.0%), from €21,170 to €8,044
- Profit (loss) carried forward -€3,603
down €3,603 (-50.5%), from -€7,139 to -€10,742
- Tax, wage and social debts +€2,695
new in 2025: €2,695
- Accrued charges and deferred income -€2,513
no longer reported in 2025 (was €2,513)
- Trade debts -€963
down €963 (-25.4%), from €3,795 to €2,832
- Gross operating margin +€3,507
up €3,507 (+84.9%), from -€4,131 to -€624
- Other operating charges +€1,400
new in 2025: €1,400
- Financial charges +€617
up €617 (+137%), from €450 to €1,067
- Taxes +€71
new in 2025: €71
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.
Derived cash bridge
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 | €23,338 | €5,828 | -€17,510 | -75.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €638 | €198 | -€441 | -69.0% |
| Tangible fixed assets | 22/27 | €638 | €198 | -€441 | -69.0% |
| Furniture and vehicles | 24 | €638 | €198 | -€441 | -69.0% |
| Current assets | 29/58 | €22,700 | €5,630 | -€17,069 | -75.2% |
| Amounts receivable within one year | 40/41 | €20,847 | €4,522 | -€16,324 | -78.3% |
| Trade receivables | 40 | €20,064 | €4,522 | -€15,542 | -77.5% |
| Other amounts receivable | 41 | €782 | - | -€782 | |
| Cash at bank and in hand | 54/58 | €1,585 | €1,018 | -€567 | -35.7% |
| Deferred charges and accrued income | 490/1 | €268 | €90 | -€178 | -66.6% |
| Total equity and liabilities | 10/49 | €23,338 | €5,828 | -€17,510 | -75.0% |
| Equity | 10/15 | -€4,139 | -€7,742 | -€3,603 | -87.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,139 | -€10,742 | -€3,603 | -50.5% |
| Amounts payable | 17/49 | €27,477 | €13,570 | -€13,907 | -50.6% |
| Amounts payable within one year | 42/48 | €24,964 | €13,570 | -€11,394 | -45.6% |
| Trade debts | 44 | €3,795 | €2,832 | -€963 | -25.4% |
| Suppliers | 440/4 | €3,795 | €2,832 | -€963 | -25.4% |
| Taxes, remuneration and social security | 45 | - | €2,695 | +€2,695 | |
| Taxes | 450/3 | - | €2,695 | +€2,695 | |
| Other amounts payable | 47/48 | €21,170 | €8,044 | -€13,125 | -62.0% |
| Accrued charges and deferred income | 492/3 | €2,513 | - | -€2,513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €441 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,400 | +€1,400 | |
| Non-recurring operating charges | 66A | €241 | - | -€241 | |
| Gross operating margin | 9900 | -€4,131 | -€624 | +€3,507 | +84.9% |
| Operating profit (loss) | 9901 | -€4,813 | -€2,465 | +€2,348 | +48.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €450 | €1,067 | +€617 | +137% |
| Recurring financial charges | 65 | €450 | €1,067 | +€617 | +137% |
| Profit (loss) for the period before taxes | 9903 | -€5,263 | -€3,532 | +€1,731 | +32.9% |
| Income taxes | 67/77 | - | €71 | +€71 | |
| Profit (loss) for the period | 9904 | -€5,263 | -€3,603 | +€1,660 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,263 | -€3,603 | +€1,660 | +31.5% |
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 20 October 2026 via checked.be.