Manii: 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.
Manii
Largest movements
- Tangible fixed assets -€21,631
down €21,631 (-16.6%), from €130,036 to €108,405
of which Furniture and vehicles: -€19,896
- Receivables within one year +€15,380
up €15,380 (+22.2%), from €69,197 to €84,577
of which Trade receivables: +€27,073
- Cash -€7,146
down €7,146 (-23.3%), from €30,617 to €23,472
mainly Debts after one year (-€16,095) and Receivables within one year (-€15,380)
- Reserves +€22,641
up €22,641 (+20.7%), from €109,533 to €132,173
of which Distributable reserves: +€22,641
- Debts after one year -€16,095
down €16,095 (-29.0%), from €55,518 to €39,423
- Short-term financial debts -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Other debts -€12,416
down €12,416 (-54.4%), from €22,811 to €10,396
- Tax, wage and social debts +€8,508
up €8,508 (+385.8%), from €2,205 to €10,713
- Gross operating margin +€43,274
up €43,274 (+151.6%), from €28,535 to €71,809
- Taxes +€11,215
up €11,215 (+1227.3%), from €914 to €12,129
- Other operating charges -€3,051
down €3,051 (-76.7%), from €3,978 to €927
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 | €236,305 | €222,822 | -€13,483 | -5.7% |
| Fixed assets | 21/28 | €136,286 | €114,655 | -€21,631 | -15.9% |
| Tangible fixed assets | 22/27 | €130,036 | €108,405 | -€21,631 | -16.6% |
| Plant, machinery and equipment | 23 | €250 | €0 | -€250 | -100.0% |
| Furniture and vehicles | 24 | €102,671 | €82,775 | -€19,896 | -19.4% |
| Other tangible fixed assets | 26 | €27,115 | €25,630 | -€1,485 | -5.5% |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €100,020 | €108,167 | +€8,147 | +8.1% |
| Amounts receivable within one year | 40/41 | €69,197 | €84,577 | +€15,380 | +22.2% |
| Trade receivables | 40 | €477 | €27,550 | +€27,073 | +5675.7% |
| Other amounts receivable | 41 | €68,720 | €57,027 | -€11,693 | -17.0% |
| Cash at bank and in hand | 54/58 | €30,617 | €23,472 | -€7,146 | -23.3% |
| Deferred charges and accrued income | 490/1 | €205 | €119 | -€86 | -42.1% |
| Total equity and liabilities | 10/49 | €236,305 | €222,822 | -€13,483 | -5.7% |
| Equity | 10/15 | €116,125 | €144,573 | +€28,448 | +24.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €109,533 | €132,173 | +€22,641 | +20.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €109,533 | €132,173 | +€22,641 | +20.7% |
| Profit (loss) carried forward | 14 | -€5,808 | €0 | +€5,808 | |
| Amounts payable | 17/49 | €120,180 | €78,249 | -€41,932 | -34.9% |
| Amounts payable after more than one year | 17 | €55,518 | €39,423 | -€16,095 | -29.0% |
| Financial debts | 170/4 | €55,518 | €39,423 | -€16,095 | -29.0% |
| Amounts payable within one year | 42/48 | €64,162 | €38,326 | -€25,836 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €19,758 | €16,095 | -€3,663 | -18.5% |
| Financial debts | 43 | €15,000 | €0 | -€15,000 | -100.0% |
| Credit institutions | 430/8 | €15,000 | €0 | -€15,000 | -100.0% |
| Trade debts | 44 | €4,388 | €1,121 | -€3,266 | -74.4% |
| Suppliers | 440/4 | €4,388 | €1,121 | -€3,266 | -74.4% |
| Taxes, remuneration and social security | 45 | €2,205 | €10,713 | +€8,508 | +385.8% |
| Taxes | 450/3 | €2,205 | €10,713 | +€8,508 | +385.8% |
| Other amounts payable | 47/48 | €22,811 | €10,396 | -€12,416 | -54.4% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,348 | €28,697 | +€349 | +1.2% |
| Other operating charges | 640/8 | €3,978 | €927 | -€3,051 | -76.7% |
| Gross operating margin | 9900 | €28,535 | €71,809 | +€43,274 | +151.6% |
| Operating profit (loss) | 9901 | -€3,791 | €42,185 | +€45,975 | |
| Financial income | 75/76B | €1,979 | €1,288 | -€691 | -34.9% |
| Recurring financial income | 75 | €1,979 | €1,288 | -€691 | -34.9% |
| Financial charges | 65/66B | €3,082 | €2,895 | -€187 | -6.1% |
| Recurring financial charges | 65 | €3,082 | €2,895 | -€187 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,894 | €40,578 | +€45,471 | |
| Income taxes | 67/77 | €914 | €12,129 | +€11,215 | +1227.3% |
| Profit (loss) for the period | 9904 | -€5,808 | €28,448 | +€34,256 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,808 | €28,448 | +€34,256 |
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 10 October 2026 via checked.be.