manir: 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.
manir
Largest movements
- Current investments +€350,000
up €350,000 (+56.6%), from €618,528 to €968,528
- Cash -€333,289
down €333,289 (-71.5%), from €466,161 to €132,872
mainly Current investments (-€350,000) and Tax, wage and social debts (-€91,050)
- Reserves +€123,949
up €123,949 (+24.1%), from €514,068 to €638,016
of which Distributable reserves: +€123,949
- Tax, wage and social debts -€91,050
down €91,050 (-91.6%), from €99,409 to €8,360
- Taxes -€117,282
down €117,282, from €90,822 to -€26,460
- Gross operating margin -€9,591
down €9,591 (-9.3%), from €103,651 to €94,060
- Financial income +€9,497
up €9,497, from €0 to €9,497
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 | €1,085,093 | €1,111,724 | +€26,631 | +2.5% |
| Fixed assets | 21/28 | €25 | €924 | +€899 | +3597.8% |
| Tangible fixed assets | 22/27 | - | €899 | +€899 | |
| Furniture and vehicles | 24 | - | €899 | +€899 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €1,085,068 | €1,110,800 | +€25,731 | +2.4% |
| Amounts receivable within one year | 40/41 | €379 | €9,399 | +€9,021 | +2380.4% |
| Trade receivables | 40 | - | €3,165 | +€3,165 | |
| Other amounts receivable | 41 | €379 | €6,235 | +€5,856 | +1545.3% |
| Current investments | 50/53 | €618,528 | €968,528 | +€350,000 | +56.6% |
| Cash at bank and in hand | 54/58 | €466,161 | €132,872 | -€333,289 | -71.5% |
| Total equity and liabilities | 10/49 | €1,085,093 | €1,111,724 | +€26,631 | +2.5% |
| Equity | 10/15 | €966,466 | €1,090,415 | +€123,949 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €514,068 | €638,016 | +€123,949 | +24.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €512,208 | €636,156 | +€123,949 | +24.2% |
| Profit (loss) carried forward | 14 | €433,799 | €433,799 | = | 0.0% |
| Amounts payable | 17/49 | €118,627 | €21,309 | -€97,318 | -82.0% |
| Amounts payable within one year | 42/48 | €118,627 | €21,309 | -€97,318 | -82.0% |
| Trade debts | 44 | €9,133 | €3,494 | -€5,639 | -61.7% |
| Suppliers | 440/4 | €9,133 | €3,494 | -€5,639 | -61.7% |
| Taxes, remuneration and social security | 45 | €99,409 | €8,360 | -€91,050 | -91.6% |
| Taxes | 450/3 | €99,409 | €8,360 | -€91,050 | -91.6% |
| Other amounts payable | 47/48 | €10,085 | €9,456 | -€629 | -6.2% |
| Remuneration, social security and pensions | 62 | €1,994 | €2,058 | +€64 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €91 | +€91 | |
| Other operating charges | 640/8 | €1,133 | €1,149 | +€16 | +1.5% |
| Gross operating margin | 9900 | €103,651 | €94,060 | -€9,591 | -9.3% |
| Operating profit (loss) | 9901 | €100,524 | €90,761 | -€9,763 | -9.7% |
| Financial income | 75/76B | €0 | €9,497 | +€9,497 | |
| Recurring financial income | 75 | €0 | €9,497 | +€9,497 | |
| Financial charges | 65/66B | €909 | €350 | -€559 | -61.5% |
| Recurring financial charges | 65 | €909 | €350 | -€559 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | €99,615 | €99,907 | +€292 | +0.3% |
| Income taxes | 67/77 | €90,822 | -€26,460 | -€117,282 | |
| Profit (loss) for the period | 9904 | €8,793 | €126,367 | +€117,574 | +1337.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,793 | €126,367 | +€117,574 | +1337.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.