MANIANA: 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.
MANIANA
Largest movements
- Tangible fixed assets -€17,944
down €17,944 (-5.3%), from €337,069 to €319,125
of which Land and buildings: -€16,988
- Profit (loss) carried forward -€20,120
down €20,120 (-29.2%), from €69,006 to €48,887
- Gross operating margin -€19,608
down €19,608 (-35.0%), from €55,957 to €36,349
- Staff costs +€3,405
up €3,405 (+25.1%), from €13,578 to €16,983
- Depreciation -€1,021
down €1,021 (-5.4%), from €18,964 to €17,944
- Other operating charges +€910
up €910 (+4.6%), from €19,663 to €20,573
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 | €421,768 | €402,821 | -€18,947 | -4.5% |
| Fixed assets | 21/28 | €337,259 | €319,315 | -€17,944 | -5.3% |
| Tangible fixed assets | 22/27 | €337,069 | €319,125 | -€17,944 | -5.3% |
| Land and buildings | 22 | €336,113 | €319,125 | -€16,988 | -5.1% |
| Other tangible fixed assets | 26 | €955 | - | -€955 | |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €84,509 | €83,506 | -€1,003 | -1.2% |
| Amounts receivable within one year | 40/41 | - | €1,920 | +€1,920 | |
| Trade receivables | 40 | - | €1,920 | +€1,920 | |
| Cash at bank and in hand | 54/58 | €84,168 | €81,586 | -€2,582 | -3.1% |
| Deferred charges and accrued income | 490/1 | €341 | - | -€341 | |
| Total equity and liabilities | 10/49 | €421,768 | €402,821 | -€18,947 | -4.5% |
| Equity | 10/15 | €122,326 | €102,207 | -€20,120 | -16.4% |
| Contributions | 10/11 | €47,120 | €47,120 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,006 | €48,887 | -€20,120 | -29.2% |
| Amounts payable | 17/49 | €299,441 | €300,614 | +€1,173 | +0.4% |
| Amounts payable within one year | 42/48 | €299,441 | €300,614 | +€1,173 | +0.4% |
| Trade debts | 44 | €50 | - | -€50 | |
| Suppliers | 440/4 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €676 | €2,184 | +€1,508 | +223% |
| Remuneration and social security | 454/9 | €676 | €2,184 | +€1,508 | +223% |
| Other amounts payable | 47/48 | €298,716 | €298,430 | -€286 | -0.1% |
| Remuneration, social security and pensions | 62 | €13,578 | €16,983 | +€3,405 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,964 | €17,944 | -€1,021 | -5.4% |
| Other operating charges | 640/8 | €19,663 | €20,573 | +€910 | +4.6% |
| Gross operating margin | 9900 | €55,957 | €36,349 | -€19,608 | -35.0% |
| Operating profit (loss) | 9901 | €3,751 | -€19,151 | -€22,902 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €780 | €969 | +€189 | +24.2% |
| Recurring financial charges | 65 | €780 | €969 | +€189 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €2,971 | -€20,120 | -€23,091 | |
| Profit (loss) for the period | 9904 | €2,971 | -€20,120 | -€23,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,971 | -€20,120 | -€23,091 |
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 1 November 2026 via checked.be.