Manish Mridul: 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.
Manish Mridul
Largest movements
- Cash +€122,547
up €122,547 (+7,271%), from €1,685 to €124,233
mainly Net result for the year (+€97,114) and Tax, wage and social debts (+€35,481)
- Receivables within one year +€7,021
up €7,021 (+80.1%), from €8,763 to €15,784
of which Trade receivables: +€7,984
- Reserves +€97,114
up €97,114 (+6,112%), from €1,589 to €98,703
- Tax, wage and social debts +€35,481
up €35,481 (+8,550%), from €415 to €35,896
- Trade debts -€1,475
down €1,475 (-68.6%), from €2,149 to €674
- Gross operating margin +€123,239
up €123,239 (+5,856%), from €2,105 to €125,344
- Taxes +€26,334
up €26,334 (+6,346%), from €415 to €26,749
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.
Derived cash bridge
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 | €10,954 | €141,392 | +€130,439 | +1,191% |
| Fixed assets | 21/28 | - | €901 | +€901 | |
| Tangible fixed assets | 22/27 | - | €901 | +€901 | |
| Furniture and vehicles | 24 | - | €901 | +€901 | |
| Current assets | 29/58 | €10,954 | €140,492 | +€129,538 | +1,183% |
| Amounts receivable within one year | 40/41 | €8,763 | €15,784 | +€7,021 | +80.1% |
| Trade receivables | 40 | €7,800 | €15,784 | +€7,984 | +102% |
| Other amounts receivable | 41 | €963 | €0 | -€963 | -100% |
| Cash at bank and in hand | 54/58 | €1,685 | €124,233 | +€122,547 | +7,271% |
| Deferred charges and accrued income | 490/1 | €506 | €475 | -€30 | -6.0% |
| Total equity and liabilities | 10/49 | €10,954 | €141,392 | +€130,439 | +1,191% |
| Equity | 10/15 | €5,589 | €102,703 | +€97,114 | +1,738% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €1,589 | €98,703 | +€97,114 | +6,112% |
| Distributable reserves | 133 | €1,589 | €98,703 | +€97,114 | +6,112% |
| Amounts payable | 17/49 | €5,365 | €38,689 | +€33,324 | +621% |
| Amounts payable within one year | 42/48 | €5,365 | €38,689 | +€33,324 | +621% |
| Trade debts | 44 | €2,149 | €674 | -€1,475 | -68.6% |
| Suppliers | 440/4 | €2,149 | €674 | -€1,475 | -68.6% |
| Taxes, remuneration and social security | 45 | €415 | €35,896 | +€35,481 | +8,550% |
| Taxes | 450/3 | €415 | €35,896 | +€35,481 | +8,550% |
| Other amounts payable | 47/48 | €2,801 | €2,119 | -€682 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €229 | +€229 | |
| Other operating charges | 640/8 | - | €175 | +€175 | |
| Gross operating margin | 9900 | €2,105 | €125,344 | +€123,239 | +5,856% |
| Operating profit (loss) | 9901 | €2,105 | €124,939 | +€122,835 | +5,836% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €101 | €1,081 | +€981 | +972% |
| Recurring financial charges | 65 | €101 | €1,081 | +€981 | +972% |
| Profit (loss) for the period before taxes | 9903 | €2,004 | €123,863 | +€121,860 | +6,081% |
| Income taxes | 67/77 | €415 | €26,749 | +€26,334 | +6,346% |
| Profit (loss) for the period | 9904 | €1,589 | €97,114 | +€95,525 | +6,012% |
| Profit (loss) for the period to be appropriated | 9905 | €1,589 | €97,114 | +€95,525 | +6,012% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.