MANISOFT: 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.
MANISOFT
Largest movements
- Receivables within one year -€27,687
down €27,687 (-29.1%), from €95,115 to €67,428
of which Trade receivables: -€20,780
- Tangible fixed assets +€17,446
up €17,446 (+6.0%), from €289,900 to €307,346
of which Furniture and vehicles: +€24,044
- Cash -€10,962
down €10,962 (-5.1%), from €215,025 to €204,063
mainly Investment in fixed assets (net) (-€54,985) and Trade debts (-€25,214)
- Deferred charges and accrued income +€7,560
up €7,560 (+1180.9%), from €640 to €8,200
- Trade debts -€25,214
down €25,214 (-75.1%), from €33,585 to €8,371
- Reserves +€15,039
up €15,039 (+5.0%), from €298,495 to €313,534
of which Distributable reserves: +€15,039
- Other debts +€9,513
up €9,513 (+8.9%), from €106,636 to €116,149
- Debts after one year -€6,470
down €6,470 (-4.0%), from €161,385 to €154,915
- Gross operating margin -€17,199
down €17,199 (-18.0%), from €95,441 to €78,242
- Depreciation +€10,726
up €10,726 (+40.0%), from €26,813 to €37,539
- Taxes -€7,521
down €7,521 (-54.1%), from €13,902 to €6,381
- Other operating charges +€1,541
up €1,541 (+50.8%), from €3,032 to €4,573
- Financial income -€1,116
down €1,116 (-52.1%), from €2,143 to €1,028
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 | €620,740 | €612,147 | -€8,593 | -1.4% |
| Fixed assets | 21/28 | €289,900 | €307,346 | +€17,446 | +6.0% |
| Tangible fixed assets | 22/27 | €289,900 | €307,346 | +€17,446 | +6.0% |
| Land and buildings | 22 | €246,079 | €240,717 | -€5,362 | -2.2% |
| Plant, machinery and equipment | 23 | €13,571 | €12,335 | -€1,236 | -9.1% |
| Furniture and vehicles | 24 | €30,250 | €54,294 | +€24,044 | +79.5% |
| Current assets | 29/58 | €330,840 | €304,802 | -€26,039 | -7.9% |
| Stocks and contracts in progress | 3 | €20,060 | €25,111 | +€5,050 | +25.2% |
| Stocks | 30/36 | €20,060 | €25,111 | +€5,050 | +25.2% |
| Amounts receivable within one year | 40/41 | €95,115 | €67,428 | -€27,687 | -29.1% |
| Trade receivables | 40 | €55,494 | €34,714 | -€20,780 | -37.4% |
| Other amounts receivable | 41 | €39,621 | €32,714 | -€6,907 | -17.4% |
| Cash at bank and in hand | 54/58 | €215,025 | €204,063 | -€10,962 | -5.1% |
| Deferred charges and accrued income | 490/1 | €640 | €8,200 | +€7,560 | +1180.9% |
| Total equity and liabilities | 10/49 | €620,740 | €612,147 | -€8,593 | -1.4% |
| Equity | 10/15 | €300,995 | €316,034 | +€15,039 | +5.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €298,495 | €313,534 | +€15,039 | +5.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €298,495 | €313,534 | +€15,039 | +5.0% |
| Amounts payable | 17/49 | €319,745 | €296,113 | -€23,631 | -7.4% |
| Amounts payable after more than one year | 17 | €161,385 | €154,915 | -€6,470 | -4.0% |
| Financial debts | 170/4 | €161,385 | €154,915 | -€6,470 | -4.0% |
| Amounts payable within one year | 42/48 | €149,049 | €133,311 | -€15,738 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €6,218 | €6,470 | +€252 | +4.1% |
| Financial debts | 43 | €2,295 | €2,086 | -€210 | -9.1% |
| Other loans | 439 | €2,295 | €2,086 | -€210 | -9.1% |
| Trade debts | 44 | €33,585 | €8,371 | -€25,214 | -75.1% |
| Suppliers | 440/4 | €33,585 | €8,371 | -€25,214 | -75.1% |
| Taxes, remuneration and social security | 45 | €315 | €236 | -€79 | -25.2% |
| Taxes | 450/3 | €315 | €236 | -€79 | -25.2% |
| Other amounts payable | 47/48 | €106,636 | €116,149 | +€9,513 | +8.9% |
| Accrued charges and deferred income | 492/3 | €9,310 | €7,887 | -€1,423 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,813 | €37,539 | +€10,726 | +40.0% |
| Other operating charges | 640/8 | €3,032 | €4,573 | +€1,541 | +50.8% |
| Gross operating margin | 9900 | €95,441 | €78,242 | -€17,199 | -18.0% |
| Operating profit (loss) | 9901 | €65,597 | €36,130 | -€29,467 | -44.9% |
| Financial income | 75/76B | €2,143 | €1,028 | -€1,116 | -52.1% |
| Recurring financial income | 75 | €2,143 | €1,028 | -€1,116 | -52.1% |
| Financial charges | 65/66B | €16,485 | €15,738 | -€747 | -4.5% |
| Recurring financial charges | 65 | €16,485 | €15,738 | -€747 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €51,255 | €21,420 | -€29,835 | -58.2% |
| Income taxes | 67/77 | €13,902 | €6,381 | -€7,521 | -54.1% |
| Profit (loss) for the period | 9904 | €37,353 | €15,039 | -€22,314 | -59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,353 | €15,039 | -€22,314 | -59.7% |
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 10 October 2026 via checked.be.