MANIKO: 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.
What changed
MANIKO
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,232
2024 · €54,031-€56,263
Equity
€599,401
2024 · €601,633-€2,232
Cash
€480,961
2024 · €465,716+€15,246
Balance sheet total
€609,422
2024 · €607,671+€1,752
Largest movements
Assets
- Cash +€15,246
up €15,246 (+3.3%), from €465,716 to €480,961
mainly Receivables within one year (+€6,871) and Depreciation (+€6,623)
- Receivables within one year -€6,871
down €6,871 (-76.9%), from €8,930 to €2,059
of which Trade receivables: -€7,000
- Tangible fixed assets -€6,623
down €6,623 (-89.2%), from €7,425 to €802
of which Furniture and vehicles: -€6,623
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€43,541
down €43,541 (-67.9%), from €64,133 to €20,592
of which Financial income: -€43,541
- Financial charges +€8,081
up €8,081 (+20350.5%), from €40 to €8,121
of which Financial charges: +€8,081
- Gross operating margin -€5,324
down €5,324 (-304.5%), from -€1,748 to -€7,072
- Other operating charges -€687
down €687 (-49.7%), from €1,381 to €695
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.
Result 2024
€54,031
Gross operating margin
-€5,324
Other operating charges
+€687
Financial income
-€43,541
Financial charges
-€8,081
Taxes
-€4
Result 2025
-€2,232
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.
From operations
+€15,246
Investment
€0
Financing
€0
Cash 2024
€465,716
From operations (derived)
+€15,246
Net result for the year
-€2,232
Depreciation
+€6,623
Receivables within one year
+€6,871
Trade debts
+€3,670
Tax, wage and social debts
+€313
Cash 2025
€480,961
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €607,671 | €609,422 | +€1,752 | +0.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,025 | €1,402 | -€6,623 | -82.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €7,425 | €802 | -€6,623 | -89.2% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €7,425 | €802 | -€6,623 | -89.2% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €599,646 | €608,021 | +€8,375 | +1.4% |
| Amounts receivable within one year | 40/41 | €8,930 | €2,059 | -€6,871 | -76.9% |
| Trade receivables | 40 | €7,058 | €58 | -€7,000 | -99.2% |
| Other amounts receivable | 41 | €1,872 | €2,001 | +€129 | +6.9% |
| Current investments | 50/53 | €125,000 | €125,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €465,716 | €480,961 | +€15,246 | +3.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €607,671 | €609,422 | +€1,752 | +0.3% |
| Equity | 10/15 | €601,633 | €599,401 | -€2,232 | -0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Own shares acquired | 1312 | €0 | €0 | = | |
| Financial assistance | 1313 | €0 | €0 | = | |
| Other | 1319 | €0 | €0 | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | €587,373 | €585,141 | -€2,232 | -0.4% |
| Investment grants | 15 | €0 | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Pensions and similar obligations | 160 | €0 | €0 | = | |
| Taxes | 161 | €0 | €0 | = | |
| Major repairs and maintenance | 162 | €0 | €0 | = | |
| Environmental obligations | 163 | €0 | €0 | = | |
| Other liabilities and charges | 164/5 | €0 | €0 | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,038 | €10,021 | +€3,983 | +66.0% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Trade debts | 175 | €0 | €0 | = | |
| Advances received on contracts in progress | 176 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €6,038 | €10,021 | +€3,983 | +66.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Other loans | 439 | €0 | €0 | = | |
| Trade debts | 44 | €5,682 | €9,352 | +€3,670 | +64.6% |
| Suppliers | 440/4 | €5,682 | €9,352 | +€3,670 | +64.6% |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €356 | €669 | +€313 | +87.8% |
| Taxes | 450/3 | €356 | €669 | +€313 | +87.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,623 | €6,623 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €0 | = | |
| Other operating charges | 640/8 | €1,381 | €695 | -€687 | -49.7% |
| Non-recurring operating charges | 66A | €0 | €0 | = | |
| Gross operating margin | 9900 | -€1,748 | -€7,072 | -€5,324 | -304.5% |
| Operating profit (loss) | 9901 | -€9,753 | -€14,390 | -€4,637 | -47.5% |
| Financial income | 75/76B | €64,133 | €20,592 | -€43,541 | -67.9% |
| Recurring financial income | 75 | €64,133 | €20,592 | -€43,541 | -67.9% |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €40 | €8,121 | +€8,081 | +20350.5% |
| Recurring financial charges | 65 | €40 | €8,121 | +€8,081 | +20350.5% |
| Non-recurring financial charges | 66B | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €54,340 | -€1,919 | -€56,259 | |
| Transfer from deferred taxes | 780 | €0 | €0 | = | |
| Transfer to deferred taxes | 680 | €0 | €0 | = | |
| Income taxes | 67/77 | €309 | €313 | +€4 | +1.2% |
| Profit (loss) for the period | 9904 | €54,031 | -€2,232 | -€56,263 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,031 | -€2,232 | -€56,263 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.