MANIQUET OSTEO: what changed
MANIQUET OSTEO
Largest movements
- Current investments -€25,000
down €25,000 (-50.0%), from €50,000 to €25,000
- Cash +€12,619
up €12,619 (+43.2%), from €29,206 to €41,825
mainly Current investments (+€25,000) and Net result for the year (+€18,138)
- Tangible fixed assets -€9,370
down €9,370 (-95.7%), from €9,795 to €425
- Receivables within one year +€1,545
up €1,545 (+19.0%), from €8,135 to €9,680
- Reserves -€30,642
down €30,642 (-54.9%), from €55,780 to €25,137
- Other debts +€14,886
up €14,886 (+58.2%), from €25,573 to €40,459
- Current portion of long-term debt -€8,740
no longer reported in 2025 (was €8,740)
- Tax, wage and social debts +€5,251
up €5,251 (+149%), from €3,529 to €8,780
- Gross operating margin +€13,401
up €13,401 (+68.0%), from €19,709 to €33,111
- Taxes +€4,590
up €4,590 (+246%), from €1,865 to €6,455
- Depreciation -€2,180
down €2,180 (-18.9%), from €11,550 to €9,370
- Financial income +€1,085
new in 2025: €1,085
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,771 | €79,376 | -€19,394 | -19.6% |
| Fixed assets | 21/28 | €9,839 | €469 | -€9,370 | -95.2% |
| Tangible fixed assets | 22/27 | €9,795 | €425 | -€9,370 | -95.7% |
| Furniture and vehicles | 24 | €9,795 | €425 | -€9,370 | -95.7% |
| Financial fixed assets | 28 | €44 | €44 | = | 0.0% |
| Current assets | 29/58 | €88,931 | €78,907 | -€10,024 | -11.3% |
| Amounts receivable within one year | 40/41 | €8,135 | €9,680 | +€1,545 | +19.0% |
| Other amounts receivable | 41 | €8,135 | €9,680 | +€1,545 | +19.0% |
| Current investments | 50/53 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €29,206 | €41,825 | +€12,619 | +43.2% |
| Deferred charges and accrued income | 490/1 | €1,590 | €2,402 | +€812 | +51.1% |
| Total equity and liabilities | 10/49 | €98,771 | €79,376 | -€19,394 | -19.6% |
| Equity | 10/15 | €60,780 | €30,137 | -€30,642 | -50.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €55,780 | €25,137 | -€30,642 | -54.9% |
| Distributable reserves | 133 | €55,780 | €25,137 | -€30,642 | -54.9% |
| Amounts payable | 17/49 | €37,991 | €49,239 | +€11,248 | +29.6% |
| Amounts payable within one year | 42/48 | €37,991 | €49,239 | +€11,248 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €8,740 | - | -€8,740 | |
| Trade debts | 44 | €149 | - | -€149 | |
| Suppliers | 440/4 | €149 | - | -€149 | |
| Taxes, remuneration and social security | 45 | €3,529 | €8,780 | +€5,251 | +149% |
| Taxes | 450/3 | €3,529 | €8,780 | +€5,251 | +149% |
| Other amounts payable | 47/48 | €25,573 | €40,459 | +€14,886 | +58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,550 | €9,370 | -€2,180 | -18.9% |
| Gross operating margin | 9900 | €19,709 | €33,111 | +€13,401 | +68.0% |
| Operating profit (loss) | 9901 | €8,159 | €23,740 | +€15,581 | +191% |
| Financial income | 75/76B | - | €1,085 | +€1,085 | |
| Recurring financial income | 75 | - | €1,085 | +€1,085 | |
| Financial charges | 65/66B | €562 | €232 | -€330 | -58.7% |
| Recurring financial charges | 65 | €562 | €232 | -€330 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €7,597 | €24,593 | +€16,996 | +224% |
| Income taxes | 67/77 | €1,865 | €6,455 | +€4,590 | +246% |
| Profit (loss) for the period | 9904 | €5,732 | €18,138 | +€12,406 | +216% |
| Profit (loss) for the period to be appropriated | 9905 | €5,732 | €18,138 | +€12,406 | +216% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.