Manipuro: 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.
Manipuro
Largest movements
- Cash +€56,982
up €56,982 (+270.7%), from €21,047 to €78,030
mainly Net result for the year (+€63,395) and Other debts (+€48,010)
- Tangible fixed assets -€18,936
down €18,936 (-14.7%), from €128,502 to €109,566
of which Plant, machinery and equipment: -€12,678
- Other debts +€48,010
up €48,010 (+74.6%), from €64,358 to €112,369
- Profit (loss) carried forward -€11,605
down €11,605 (-78.4%), from €14,811 to €3,206
- Tax, wage and social debts +€3,405
up €3,405 (+36.3%), from €9,384 to €12,789
of which Taxes: +€3,405
- Gross operating margin +€10,551
up €10,551 (+11.8%), from €89,691 to €100,242
- Depreciation +€4,484
up €4,484 (+31.0%), from €14,453 to €18,936
- Taxes +€1,825
up €1,825 (+12.2%), from €14,990 to €16,814
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 | €240,041 | €278,291 | +€38,250 | +15.9% |
| Fixed assets | 21/28 | €128,502 | €109,566 | -€18,936 | -14.7% |
| Tangible fixed assets | 22/27 | €128,502 | €109,566 | -€18,936 | -14.7% |
| Plant, machinery and equipment | 23 | €104,088 | €91,409 | -€12,678 | -12.2% |
| Furniture and vehicles | 24 | €24,414 | €18,157 | -€6,258 | -25.6% |
| Current assets | 29/58 | €111,539 | €168,726 | +€57,187 | +51.3% |
| Amounts receivable within one year | 40/41 | €13,405 | €13,395 | -€10 | -0.1% |
| Trade receivables | 40 | €13,395 | €13,395 | = | 0.0% |
| Other amounts receivable | 41 | €10 | - | -€10 | |
| Current investments | 50/53 | €76,094 | €76,094 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,047 | €78,030 | +€56,982 | +270.7% |
| Deferred charges and accrued income | 490/1 | €993 | €1,207 | +€215 | +21.6% |
| Total equity and liabilities | 10/49 | €240,041 | €278,291 | +€38,250 | +15.9% |
| Equity | 10/15 | €163,811 | €152,206 | -€11,605 | -7.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €145,000 | €145,000 | = | 0.0% |
| Distributable reserves | 133 | €145,000 | €145,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,811 | €3,206 | -€11,605 | -78.4% |
| Amounts payable | 17/49 | €76,230 | €126,085 | +€49,855 | +65.4% |
| Amounts payable within one year | 42/48 | €75,980 | €125,835 | +€49,855 | +65.6% |
| Trade debts | 44 | €2,237 | €678 | -€1,560 | -69.7% |
| Suppliers | 440/4 | €2,237 | €678 | -€1,560 | -69.7% |
| Taxes, remuneration and social security | 45 | €9,384 | €12,789 | +€3,405 | +36.3% |
| Taxes | 450/3 | €7,384 | €10,789 | +€3,405 | +46.1% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €64,358 | €112,369 | +€48,010 | +74.6% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €404 | €204 | -€200 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,453 | €18,936 | +€4,484 | +31.0% |
| Other operating charges | 640/8 | €679 | €843 | +€164 | +24.1% |
| Gross operating margin | 9900 | €89,691 | €100,242 | +€10,551 | +11.8% |
| Operating profit (loss) | 9901 | €74,156 | €80,259 | +€6,103 | +8.2% |
| Financial income | 75/76B | €1 | €20 | +€19 | +1644.8% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +1644.8% |
| Financial charges | 65/66B | €142 | €70 | -€71 | -50.3% |
| Recurring financial charges | 65 | €142 | €70 | -€71 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €74,016 | €80,209 | +€6,194 | +8.4% |
| Income taxes | 67/77 | €14,990 | €16,814 | +€1,825 | +12.2% |
| Profit (loss) for the period | 9904 | €59,026 | €63,395 | +€4,369 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,026 | €63,395 | +€4,369 | +7.4% |
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 2 October 2026 via checked.be.