MANIGI: 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.
MANIGI
Largest movements
- Cash +€32,302
up €32,302 (+14.0%), from €230,000 to €262,301
mainly Net result for the year (+€43,508) and Receivables within one year (+€18,046)
- Receivables within one year -€18,046
down €18,046 (-54.5%), from €33,093 to €15,046
of which Trade receivables: -€15,046
- Tangible fixed assets -€9,570
down €9,570 (-25.5%), from €37,515 to €27,945
- Reserves +€5,075
up €5,075 (+1.9%), from €272,968 to €278,043
- Gross operating margin +€5,091
up €5,091 (+7.6%), from €66,645 to €71,736
- Taxes +€959
up €959 (+5.6%), from €17,002 to €17,961
- Other operating charges -€791
down €791 (-37.3%), from €2,122 to €1,331
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 | €300,608 | €305,293 | +€4,685 | +1.6% |
| Fixed assets | 21/28 | €37,515 | €27,945 | -€9,570 | -25.5% |
| Tangible fixed assets | 22/27 | €37,515 | €27,945 | -€9,570 | -25.5% |
| Furniture and vehicles | 24 | €37,515 | €27,945 | -€9,570 | -25.5% |
| Current assets | 29/58 | €263,093 | €277,348 | +€14,255 | +5.4% |
| Amounts receivable within one year | 40/41 | €33,093 | €15,046 | -€18,046 | -54.5% |
| Trade receivables | 40 | €30,093 | €15,046 | -€15,046 | -50.0% |
| Other amounts receivable | 41 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €230,000 | €262,301 | +€32,302 | +14.0% |
| Total equity and liabilities | 10/49 | €300,608 | €305,293 | +€4,685 | +1.6% |
| Equity | 10/15 | €292,968 | €298,043 | +€5,075 | +1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €272,968 | €278,043 | +€5,075 | +1.9% |
| Distributable reserves | 133 | €272,968 | €278,043 | +€5,075 | +1.9% |
| Amounts payable | 17/49 | €7,640 | €7,250 | -€390 | -5.1% |
| Amounts payable within one year | 42/48 | €4,981 | €6,850 | +€1,869 | +37.5% |
| Trade debts | 44 | €1,563 | €2,387 | +€824 | +52.7% |
| Suppliers | 440/4 | €1,563 | €2,387 | +€824 | +52.7% |
| Taxes, remuneration and social security | 45 | €2,617 | €3,630 | +€1,013 | +38.7% |
| Taxes | 450/3 | €2,617 | €3,630 | +€1,013 | +38.7% |
| Other amounts payable | 47/48 | €800 | €833 | +€33 | +4.1% |
| Accrued charges and deferred income | 492/3 | €2,659 | €400 | -€2,259 | -85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,106 | €9,570 | +€464 | +5.1% |
| Other operating charges | 640/8 | €2,122 | €1,331 | -€791 | -37.3% |
| Gross operating margin | 9900 | €66,645 | €71,736 | +€5,091 | +7.6% |
| Operating profit (loss) | 9901 | €55,417 | €60,836 | +€5,418 | +9.8% |
| Financial income | 75/76B | €199 | €678 | +€479 | +240.2% |
| Recurring financial income | 75 | €199 | €678 | +€479 | +240.2% |
| Financial charges | 65/66B | €47 | €44 | -€3 | -5.9% |
| Recurring financial charges | 65 | €47 | €44 | -€3 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €55,570 | €61,469 | +€5,899 | +10.6% |
| Income taxes | 67/77 | €17,002 | €17,961 | +€959 | +5.6% |
| Profit (loss) for the period | 9904 | €38,568 | €43,508 | +€4,941 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,568 | €43,508 | +€4,941 | +12.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.