MANIMO: 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.
MANIMO
Largest movements
- Cash -€79,448
down €79,448 (-36.2%), from €219,676 to €140,228
mainly Other debts (-€115,234) and Debts after one year (-€51,258)
- Tangible fixed assets -€43,743
down €43,743 (-5.1%), from €864,554 to €820,811
of which Land and buildings: -€42,849
- Other debts -€115,234
down €115,234 (-52.1%), from €221,136 to €105,903
- Debts after one year -€51,258
down €51,258 (-36.3%), from €141,321 to €90,063
- Profit (loss) carried forward +€44,425
up €44,425 (+8.9%), from €500,801 to €545,226
- Staff costs +€7,500
up €7,500 (+38.6%), from €19,441 to €26,941
- Taxes -€2,602
down €2,602 (-14.6%), from €17,787 to €15,185
- Depreciation +€2,423
up €2,423 (+5.9%), from €41,319 to €43,743
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 | €1,105,859 | €986,555 | -€119,305 | -10.8% |
| Fixed assets | 21/28 | €864,616 | €820,873 | -€43,743 | -5.1% |
| Tangible fixed assets | 22/27 | €864,554 | €820,811 | -€43,743 | -5.1% |
| Land and buildings | 22 | €862,693 | €819,844 | -€42,849 | -5.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,861 | €967 | -€894 | -48.0% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €241,244 | €165,682 | -€75,562 | -31.3% |
| Amounts receivable within one year | 40/41 | €17,524 | €19,494 | +€1,970 | +11.2% |
| Trade receivables | 40 | €9,268 | €8,966 | -€302 | -3.3% |
| Other amounts receivable | 41 | €8,256 | €10,528 | +€2,271 | +27.5% |
| Cash at bank and in hand | 54/58 | €219,676 | €140,228 | -€79,448 | -36.2% |
| Deferred charges and accrued income | 490/1 | €4,044 | €5,960 | +€1,917 | +47.4% |
| Total equity and liabilities | 10/49 | €1,105,859 | €986,555 | -€119,305 | -10.8% |
| Equity | 10/15 | €708,040 | €752,465 | +€44,425 | +6.3% |
| Contributions | 10/11 | €188,399 | €188,399 | = | 0.0% |
| Capital | 10 | €188,399 | €188,399 | = | 0.0% |
| Issued capital | 100 | €188,399 | €188,399 | = | 0.0% |
| Reserves | 13 | €18,840 | €18,840 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,840 | €18,840 | = | 0.0% |
| Legal reserve | 130 | €18,840 | €18,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | €500,801 | €545,226 | +€44,425 | +8.9% |
| Amounts payable | 17/49 | €397,819 | €234,090 | -€163,729 | -41.2% |
| Amounts payable after more than one year | 17 | €141,321 | €90,063 | -€51,258 | -36.3% |
| Financial debts | 170/4 | €141,321 | €90,063 | -€51,258 | -36.3% |
| Amounts payable within one year | 42/48 | €255,198 | €142,027 | -€113,171 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €19,869 | €20,008 | +€139 | +0.7% |
| Trade debts | 44 | €9,372 | €9,649 | +€277 | +3.0% |
| Suppliers | 440/4 | €9,372 | €9,649 | +€277 | +3.0% |
| Taxes, remuneration and social security | 45 | €4,821 | €6,467 | +€1,646 | +34.1% |
| Taxes | 450/3 | €1,104 | €1,976 | +€872 | +79.0% |
| Remuneration and social security | 454/9 | €3,717 | €4,491 | +€774 | +20.8% |
| Other amounts payable | 47/48 | €221,136 | €105,903 | -€115,234 | -52.1% |
| Accrued charges and deferred income | 492/3 | €1,300 | €2,000 | +€700 | +53.8% |
| Non-recurring operating income | 76A | €13,341 | €13,759 | +€418 | +3.1% |
| Remuneration, social security and pensions | 62 | €19,441 | €26,941 | +€7,500 | +38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,319 | €43,743 | +€2,423 | +5.9% |
| Other operating charges | 640/8 | €25,949 | €25,842 | -€107 | -0.4% |
| Gross operating margin | 9900 | €158,640 | €157,196 | -€1,444 | -0.9% |
| Operating profit (loss) | 9901 | €71,931 | €60,671 | -€11,260 | -15.7% |
| Financial income | 75/76B | - | €97 | +€97 | |
| Recurring financial income | 75 | - | €97 | +€97 | |
| Financial charges | 65/66B | €1,282 | €1,158 | -€124 | -9.7% |
| Recurring financial charges | 65 | €1,282 | €1,158 | -€124 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €70,648 | €59,610 | -€11,038 | -15.6% |
| Income taxes | 67/77 | €17,787 | €15,185 | -€2,602 | -14.6% |
| Profit (loss) for the period | 9904 | €52,861 | €44,425 | -€8,437 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,861 | €44,425 | -€8,437 | -16.0% |
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 11 October 2026 via checked.be.