MANIKI: 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.
MANIKI
Largest movements
- Cash -€10,645
down €10,645 (-85.9%), from €12,392 to €1,748
mainly Net result for the year (-€22,657) and Trade debts (-€564)
- Receivables within one year -€3,753
down €3,753 (-60.4%), from €6,211 to €2,458
of which Other amounts receivable: -€2,864
- Tangible fixed assets -€1,920
down €1,920 (-28.2%), from €6,805 to €4,885
of which Furniture and vehicles: -€1,360
- Deferred charges and accrued income -€971
down €971 (-21.0%), from €4,620 to €3,649
- Profit (loss) carried forward -€22,657
down €22,657 (-58.6%), from -€38,635 to -€61,292
- Other debts +€5,931
up €5,931 (+24.1%), from €24,563 to €30,494
- Trade debts -€564
down €564 (-74.8%), from €753 to €190
- Gross operating margin +€15,259
up €15,259 (+44.2%), from -€34,529 to -€19,270
- Staff costs -€1,920
down €1,920 (-100%), from €1,920 to €0
- Other operating charges +€417
up €417 (+89.1%), from €468 to €885
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 | €30,029 | €12,739 | -€17,289 | -57.6% |
| Fixed assets | 21/28 | €6,805 | €4,885 | -€1,920 | -28.2% |
| Tangible fixed assets | 22/27 | €6,805 | €4,885 | -€1,920 | -28.2% |
| Plant, machinery and equipment | 23 | €1,471 | €911 | -€560 | -38.1% |
| Furniture and vehicles | 24 | €5,334 | €3,974 | -€1,360 | -25.5% |
| Current assets | 29/58 | €23,224 | €7,854 | -€15,369 | -66.2% |
| Amounts receivable within one year | 40/41 | €6,211 | €2,458 | -€3,753 | -60.4% |
| Trade receivables | 40 | €1,089 | €200 | -€889 | -81.7% |
| Other amounts receivable | 41 | €5,122 | €2,258 | -€2,864 | -55.9% |
| Cash at bank and in hand | 54/58 | €12,392 | €1,748 | -€10,645 | -85.9% |
| Deferred charges and accrued income | 490/1 | €4,620 | €3,649 | -€971 | -21.0% |
| Total equity and liabilities | 10/49 | €30,029 | €12,739 | -€17,289 | -57.6% |
| Equity | 10/15 | €4,713 | -€17,944 | -€22,657 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,748 | €24,748 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,888 | €22,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,635 | -€61,292 | -€22,657 | -58.6% |
| Amounts payable | 17/49 | €25,316 | €30,683 | +€5,368 | +21.2% |
| Amounts payable within one year | 42/48 | €25,316 | €30,683 | +€5,368 | +21.2% |
| Trade debts | 44 | €753 | €190 | -€564 | -74.8% |
| Suppliers | 440/4 | €753 | €190 | -€564 | -74.8% |
| Other amounts payable | 47/48 | €24,563 | €30,494 | +€5,931 | +24.1% |
| Remuneration, social security and pensions | 62 | €1,920 | €0 | -€1,920 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,960 | €1,920 | -€40 | -2.0% |
| Other operating charges | 640/8 | €468 | €885 | +€417 | +89.1% |
| Gross operating margin | 9900 | -€34,529 | -€19,270 | +€15,259 | +44.2% |
| Operating profit (loss) | 9901 | -€38,877 | -€22,075 | +€16,802 | +43.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €311 | €290 | -€21 | -6.7% |
| Recurring financial charges | 65 | €311 | €290 | -€21 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,188 | -€22,365 | +€16,823 | +42.9% |
| Income taxes | 67/77 | €128 | €292 | +€164 | +128% |
| Profit (loss) for the period | 9904 | -€39,316 | -€22,657 | +€16,659 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,316 | -€22,657 | +€16,659 | +42.4% |
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 13 October 2026 via checked.be.