MANINI SOLUTIONS: 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.
MANINI SOLUTIONS
Largest movements
- Receivables after one year -€62,916
down €62,916 (-79.8%), from €78,846 to €15,929
- Receivables within one year +€21,116
up €21,116 (+70.7%), from €29,872 to €50,988
of which Other amounts receivable: +€25,495
- Cash -€11,350
down €11,350 (-8.2%), from €138,431 to €127,081
mainly Contributions, distributions and other (-€170,000) and Receivables within one year (-€21,116)
- Reserves -€98,500
down €98,500 (-77.7%), from €126,750 to €28,250
- Other debts +€66,000
up €66,000 (+63.5%), from €104,000 to €170,000
- Tax, wage and social debts -€13,150
down €13,150 (-61.1%), from €21,531 to €8,382
- Trade debts -€6,580
down €6,580 (-88.0%), from €7,481 to €900
- Gross operating margin -€15,438
down €15,438 (-14.5%), from €106,577 to €91,140
- Taxes -€7,463
down €7,463 (-33.2%), from €22,501 to €15,038
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 | €264,850 | €212,627 | -€52,223 | -19.7% |
| Fixed assets | 21/28 | €13,433 | €13,562 | +€129 | +1.0% |
| Tangible fixed assets | 22/27 | €13,070 | €13,199 | +€129 | +1.0% |
| Plant, machinery and equipment | 23 | €3,517 | €1,746 | -€1,772 | -50.4% |
| Furniture and vehicles | 24 | €709 | €1,675 | +€966 | +136.1% |
| Other tangible fixed assets | 26 | €8,843 | €9,778 | +€935 | +10.6% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €251,417 | €199,065 | -€52,352 | -20.8% |
| Amounts receivable after more than one year | 29 | €78,846 | €15,929 | -€62,916 | -79.8% |
| Other amounts receivable | 291 | €78,846 | €15,929 | -€62,916 | -79.8% |
| Amounts receivable within one year | 40/41 | €29,872 | €50,988 | +€21,116 | +70.7% |
| Trade receivables | 40 | €29,872 | €25,493 | -€4,379 | -14.7% |
| Other amounts receivable | 41 | - | €25,495 | +€25,495 | |
| Cash at bank and in hand | 54/58 | €138,431 | €127,081 | -€11,350 | -8.2% |
| Deferred charges and accrued income | 490/1 | €4,268 | €5,067 | +€798 | +18.7% |
| Total equity and liabilities | 10/49 | €264,850 | €212,627 | -€52,223 | -19.7% |
| Equity | 10/15 | €131,772 | €33,251 | -€98,522 | -74.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €126,750 | €28,250 | -€98,500 | -77.7% |
| Distributable reserves | 133 | €126,750 | €28,250 | -€98,500 | -77.7% |
| Profit (loss) carried forward | 14 | €22 | €1 | -€22 | -97.7% |
| Amounts payable | 17/49 | €133,078 | €179,377 | +€46,299 | +34.8% |
| Amounts payable within one year | 42/48 | €133,012 | €179,282 | +€46,270 | +34.8% |
| Trade debts | 44 | €7,481 | €900 | -€6,580 | -88.0% |
| Suppliers | 440/4 | €7,481 | €900 | -€6,580 | -88.0% |
| Taxes, remuneration and social security | 45 | €21,531 | €8,382 | -€13,150 | -61.1% |
| Taxes | 450/3 | €21,531 | €8,382 | -€13,150 | -61.1% |
| Other amounts payable | 47/48 | €104,000 | €170,000 | +€66,000 | +63.5% |
| Accrued charges and deferred income | 492/3 | €66 | €95 | +€29 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,942 | €3,897 | -€45 | -1.1% |
| Other operating charges | 640/8 | €891 | €597 | -€294 | -33.0% |
| Gross operating margin | 9900 | €106,577 | €91,140 | -€15,438 | -14.5% |
| Operating profit (loss) | 9901 | €101,744 | €86,645 | -€15,099 | -14.8% |
| Financial income | 75/76B | €1,610 | €1,786 | +€175 | +10.9% |
| Recurring financial income | 75 | €1,610 | €1,786 | +€175 | +10.9% |
| Financial charges | 65/66B | €1,688 | €1,915 | +€227 | +13.4% |
| Recurring financial charges | 65 | €1,688 | €1,915 | +€227 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €101,666 | €86,516 | -€15,150 | -14.9% |
| Income taxes | 67/77 | €22,501 | €15,038 | -€7,463 | -33.2% |
| Profit (loss) for the period | 9904 | €79,165 | €71,478 | -€7,687 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €79,165 | €71,478 | -€7,687 | -9.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.