MANICE: 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.
MANICE
Largest movements
- Tangible fixed assets +€71,947
up €71,947 (+75.0%), from €95,872 to €167,818
of which Other tangible fixed assets: +€71,174
- Receivables within one year -€24,931
down €24,931 (-48.9%), from €50,975 to €26,045
of which Trade receivables: -€25,096
- Stocks and contracts -€17,477
down €17,477 (-38.6%), from €45,318 to €27,841
- Trade debts -€29,699
down €29,699 (-48.0%), from €61,884 to €32,184
- Profit (loss) carried forward +€25,646
up €25,646 (+70.0%), from €36,620 to €62,267
- Other debts +€25,601
up €25,601 (+43.5%), from €58,912 to €84,512
- Tax, wage and social debts +€9,100
up €9,100 (+30.7%), from €29,636 to €38,736
of which Remuneration and social security: +€12,896
- Gross operating margin +€105,459
up €105,459 (+111.8%), from €94,342 to €199,802
- Staff costs +€68,373
up €68,373 (+84.4%), from €81,014 to €149,387
- Depreciation +€6,231
up €6,231 (+87.8%), from €7,094 to €13,325
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,587 | €222,864 | +€30,277 | +15.7% |
| Fixed assets | 21/28 | €95,872 | €167,818 | +€71,947 | +75.0% |
| Tangible fixed assets | 22/27 | €95,872 | €167,818 | +€71,947 | +75.0% |
| Plant, machinery and equipment | 23 | €1,765 | €1,685 | -€81 | -4.6% |
| Furniture and vehicles | 24 | €198 | €1,052 | +€853 | +429.8% |
| Other tangible fixed assets | 26 | €93,908 | €165,082 | +€71,174 | +75.8% |
| Current assets | 29/58 | €96,715 | €55,046 | -€41,670 | -43.1% |
| Stocks and contracts in progress | 3 | €45,318 | €27,841 | -€17,477 | -38.6% |
| Stocks | 30/36 | €45,318 | €27,841 | -€17,477 | -38.6% |
| Amounts receivable within one year | 40/41 | €50,975 | €26,045 | -€24,931 | -48.9% |
| Trade receivables | 40 | €50,975 | €25,879 | -€25,096 | -49.2% |
| Other amounts receivable | 41 | - | €165 | +€165 | |
| Cash at bank and in hand | 54/58 | €209 | €440 | +€231 | +110.2% |
| Deferred charges and accrued income | 490/1 | €213 | €720 | +€507 | +238.6% |
| Total equity and liabilities | 10/49 | €192,587 | €222,864 | +€30,277 | +15.7% |
| Equity | 10/15 | €41,620 | €67,267 | +€25,646 | +61.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,620 | €62,267 | +€25,646 | +70.0% |
| Amounts payable | 17/49 | €150,967 | €155,597 | +€4,631 | +3.1% |
| Amounts payable within one year | 42/48 | €150,967 | €155,597 | +€4,631 | +3.1% |
| Financial debts | 43 | €535 | €165 | -€371 | -69.3% |
| Credit institutions | 430/8 | €535 | €165 | -€371 | -69.3% |
| Trade debts | 44 | €61,884 | €32,184 | -€29,699 | -48.0% |
| Suppliers | 440/4 | €61,884 | €32,184 | -€29,699 | -48.0% |
| Taxes, remuneration and social security | 45 | €29,636 | €38,736 | +€9,100 | +30.7% |
| Taxes | 450/3 | €16,519 | €12,723 | -€3,796 | -23.0% |
| Remuneration and social security | 454/9 | €13,118 | €26,014 | +€12,896 | +98.3% |
| Other amounts payable | 47/48 | €58,912 | €84,512 | +€25,601 | +43.5% |
| Remuneration, social security and pensions | 62 | €81,014 | €149,387 | +€68,373 | +84.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,094 | €13,325 | +€6,231 | +87.8% |
| Other operating charges | 640/8 | €1,510 | €396 | -€1,114 | -73.8% |
| Non-recurring operating charges | 66A | €63 | €2,183 | +€2,120 | +3364.6% |
| Gross operating margin | 9900 | €94,342 | €199,802 | +€105,459 | +111.8% |
| Operating profit (loss) | 9901 | €4,661 | €34,510 | +€29,849 | +640.4% |
| Financial income | 75/76B | €1 | €0 | -€0 | -43.1% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -43.1% |
| Financial charges | 65/66B | €3,434 | €1,945 | -€1,489 | -43.4% |
| Recurring financial charges | 65 | €3,434 | €1,945 | -€1,489 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €1,228 | €32,565 | +€31,337 | +2552.1% |
| Income taxes | 67/77 | €6,416 | €6,919 | +€503 | +7.8% |
| Profit (loss) for the period | 9904 | -€5,188 | €25,646 | +€30,834 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,188 | €25,646 | +€30,834 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.