Manibruphi: what changed
Two fiscal 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.
Manibruphi
Largest movements
- Tangible fixed assets +€293,935
up €293,935 (+40.2%), from €731,211 to €1.0m
of which Assets under construction and advance payments: +€323,932
- Debts after one year +€267,458
up €267,458 (+33.4%), from €800,000 to €1.1m
of which Financial debts: +€267,458
- Profit (loss) carried forward -€58,015
down €58,015 (-22.4%), from -€259,167 to -€317,182
- Other debts +€57,910
up €57,910 (+839.6%), from €6,897 to €64,807
- Current portion of long-term debt +€25,862
new in 2025: €25,862
- Trade debts +€12,369
up €12,369 (+315.3%), from €3,923 to €16,292
- Gross operating margin -€112,935
down €112,935, from €95,874 to -€17,061
- Financial charges +€5,895
up €5,895 (+12053.0%), from €49 to €5,944
- Depreciation -€2,390
down €2,390 (-7.4%), from €32,388 to €29,997
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 | €731,688 | €1,037,272 | +€305,584 | +41.8% |
| Fixed assets | 21/28 | €731,211 | €1,025,146 | +€293,935 | +40.2% |
| Tangible fixed assets | 22/27 | €731,211 | €1,025,146 | +€293,935 | +40.2% |
| Land and buildings | 22 | €396,007 | €367,220 | -€28,787 | -7.3% |
| Plant, machinery and equipment | 23 | €5,404 | €4,194 | -€1,210 | -22.4% |
| Other tangible fixed assets | 26 | €329,800 | €329,800 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €323,932 | +€323,932 | |
| Current assets | 29/58 | €477 | €12,126 | +€11,649 | +2440.2% |
| Amounts receivable within one year | 40/41 | - | €2,500 | +€2,500 | |
| Trade receivables | 40 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €477 | €9,626 | +€9,149 | +1916.5% |
| Total equity and liabilities | 10/49 | €731,688 | €1,037,272 | +€305,584 | +41.8% |
| Equity | 10/15 | -€79,132 | -€137,147 | -€58,015 | -73.3% |
| Contributions | 10/11 | €109,619 | €109,619 | = | 0.0% |
| Capital | 10 | €109,619 | €109,619 | = | 0.0% |
| Issued capital | 100 | €109,619 | €109,619 | = | 0.0% |
| Reserves | 13 | €70,416 | €70,416 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,962 | €10,962 | = | 0.0% |
| Legal reserve | 130 | €10,962 | €10,962 | = | 0.0% |
| Distributable reserves | 133 | €59,455 | €59,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,167 | -€317,182 | -€58,015 | -22.4% |
| Amounts payable | 17/49 | €810,820 | €1,174,419 | +€363,599 | +44.8% |
| Amounts payable after more than one year | 17 | €800,000 | €1,067,458 | +€267,458 | +33.4% |
| Financial debts | 170/4 | - | €267,458 | +€267,458 | |
| Other amounts payable | 178/9 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,820 | €106,961 | +€96,141 | +888.5% |
| Current portion of amounts payable after more than one year | 42 | - | €25,862 | +€25,862 | |
| Trade debts | 44 | €3,923 | €16,292 | +€12,369 | +315.3% |
| Suppliers | 440/4 | €3,923 | €16,292 | +€12,369 | +315.3% |
| Other amounts payable | 47/48 | €6,897 | €64,807 | +€57,910 | +839.6% |
| Non-recurring operating income | 76A | €105,058 | - | -€105,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,388 | €29,997 | -€2,390 | -7.4% |
| Other operating charges | 640/8 | €4,883 | €5,013 | +€130 | +2.7% |
| Gross operating margin | 9900 | €95,874 | -€17,061 | -€112,935 | |
| Operating profit (loss) | 9901 | €58,604 | -€52,071 | -€110,674 | |
| Financial charges | 65/66B | €49 | €5,944 | +€5,895 | +12053.0% |
| Recurring financial charges | 65 | €49 | €5,944 | +€5,895 | +12053.0% |
| Profit (loss) for the period before taxes | 9903 | €58,555 | -€58,015 | -€116,570 | |
| Profit (loss) for the period | 9904 | €58,555 | -€58,015 | -€116,570 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,555 | -€58,015 | -€116,570 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.