Manirak Consulting: what changed
Manirak Consulting
Largest movements
- Cash +€44,163
up €44,163 (+57.0%), from €77,417 to €121,580
mainly Other debts (+€36,222) and Net result for the year (+€34,721)
- Receivables within one year -€29,991
down €29,991 (-71.6%), from €41,883 to €11,892
of which Trade receivables: -€38,604
- Other debts +€36,222
up €36,222 (+135%), from €26,744 to €62,966
- Profit (loss) carried forward -€22,829
no longer reported in 2025 (was €22,829)
- Tax, wage and social debts +€5,591
up €5,591 (+36.2%), from €15,463 to €21,054
- Trade debts -€5,306
down €5,306 (-98.5%), from €5,387 to €82
- Turnover -€138,024
no longer reported in 2025 (was €138,024)
- Purchases and services -€75,155
no longer reported in 2025 (was €75,155)
- Staff costs -€30,382
no longer reported in 2025 (was €30,382)
- Gross operating margin -€19,070
down €19,070 (-30.3%), from €62,919 to €43,849
- Taxes +€2,216
up €2,216 (+34.7%), from €6,385 to €8,601
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 | €120,078 | €133,756 | +€13,678 | +11.4% |
| Fixed assets | 21/28 | €778 | €284 | -€494 | -63.5% |
| Tangible fixed assets | 22/27 | €778 | €284 | -€494 | -63.5% |
| Furniture and vehicles | 24 | €778 | €284 | -€494 | -63.5% |
| Current assets | 29/58 | €119,300 | €133,472 | +€14,172 | +11.9% |
| Amounts receivable within one year | 40/41 | €41,883 | €11,892 | -€29,991 | -71.6% |
| Trade receivables | 40 | €41,740 | €3,136 | -€38,604 | -92.5% |
| Other amounts receivable | 41 | €143 | €8,756 | +€8,613 | +6,033% |
| Cash at bank and in hand | 54/58 | €77,417 | €121,580 | +€44,163 | +57.0% |
| Total equity and liabilities | 10/49 | €120,078 | €133,756 | +€13,678 | +11.4% |
| Equity | 10/15 | €72,484 | €49,655 | -€22,829 | -31.5% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Reserves | 13 | €48,355 | €48,355 | = | 0.0% |
| Distributable reserves | 133 | €48,355 | €48,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,829 | - | -€22,829 | |
| Amounts payable | 17/49 | €47,594 | €84,101 | +€36,507 | +76.7% |
| Amounts payable within one year | 42/48 | €47,594 | €84,101 | +€36,507 | +76.7% |
| Trade debts | 44 | €5,387 | €82 | -€5,306 | -98.5% |
| Suppliers | 440/4 | €5,387 | €82 | -€5,306 | -98.5% |
| Taxes, remuneration and social security | 45 | €15,463 | €21,054 | +€5,591 | +36.2% |
| Taxes | 450/3 | €15,463 | €21,054 | +€5,591 | +36.2% |
| Other amounts payable | 47/48 | €26,744 | €62,966 | +€36,222 | +135% |
| Turnover | 70 | €138,024 | - | -€138,024 | |
| Non-recurring operating income | 76A | €2 | €0 | -€2 | -97.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €75,155 | - | -€75,155 | |
| Remuneration, social security and pensions | 62 | €30,382 | - | -€30,382 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,170 | €494 | -€676 | -57.8% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Non-recurring operating charges | 66A | €15 | €1 | -€14 | -93.7% |
| Gross operating margin | 9900 | €62,919 | €43,849 | -€19,070 | -30.3% |
| Operating profit (loss) | 9901 | €30,580 | €42,954 | +€12,374 | +40.5% |
| Financial income | 75/76B | €476 | €857 | +€381 | +80.0% |
| Recurring financial income | 75 | €476 | €857 | +€381 | +80.0% |
| Financial charges | 65/66B | €1,850 | €489 | -€1,361 | -73.6% |
| Recurring financial charges | 65 | €1,850 | €489 | -€1,361 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €29,206 | €43,322 | +€14,116 | +48.3% |
| Income taxes | 67/77 | €6,385 | €8,601 | +€2,216 | +34.7% |
| Profit (loss) for the period | 9904 | €22,821 | €34,721 | +€11,900 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,821 | €34,721 | +€11,900 | +52.1% |
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 6 November 2026 via checked.be.