Manit: 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.
Manit
Largest movements
- Tangible fixed assets -€55,238
down €55,238 (-9.9%), from €558,018 to €502,780
of which Land and buildings: -€37,070
- Current investments -€6,900
down €6,900 (-100%), from €6,900 to €0
- Debts after one year -€52,826
down €52,826 (-51.9%), from €101,712 to €48,886
- Profit (loss) carried forward -€35,818
down €35,818 (-44.0%), from -€81,375 to -€117,192
- Other debts +€27,434
up €27,434 (+12.6%), from €218,084 to €245,518
- Financial income +€14,070
up €14,070 (+1,340%), from €1,050 to €15,120
of which Non-recurring financial income: +€15,120
- Financial charges +€12,986
up €12,986 (+412%), from €3,149 to €16,135
- Gross operating margin +€12,985
up €12,985 (+97.3%), from €13,348 to €26,334
- Other operating charges -€1,233
down €1,233 (-17.3%), from €7,131 to €5,898
- Depreciation -€562
down €562 (-1.0%), from €55,800 to €55,238
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 | €592,032 | €531,708 | -€60,324 | -10.2% |
| Fixed assets | 21/28 | €558,018 | €502,780 | -€55,238 | -9.9% |
| Tangible fixed assets | 22/27 | €558,018 | €502,780 | -€55,238 | -9.9% |
| Land and buildings | 22 | €499,687 | €462,617 | -€37,070 | -7.4% |
| Plant, machinery and equipment | 23 | €2,922 | €1,764 | -€1,158 | -39.6% |
| Furniture and vehicles | 24 | €55,409 | €38,399 | -€17,010 | -30.7% |
| Current assets | 29/58 | €34,014 | €28,928 | -€5,086 | -15.0% |
| Amounts receivable within one year | 40/41 | €3,176 | €77 | -€3,098 | -97.6% |
| Trade receivables | 40 | €3,000 | €77 | -€2,923 | -97.4% |
| Other amounts receivable | 41 | €176 | €0 | -€176 | -100% |
| Current investments | 50/53 | €6,900 | €0 | -€6,900 | -100% |
| Cash at bank and in hand | 54/58 | €23,745 | €25,644 | +€1,899 | +8.0% |
| Deferred charges and accrued income | 490/1 | €192 | €3,206 | +€3,014 | +1,566% |
| Total equity and liabilities | 10/49 | €592,032 | €531,708 | -€60,324 | -10.2% |
| Equity | 10/15 | €220,218 | €184,400 | -€35,818 | -16.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €282,992 | €282,992 | = | 0.0% |
| Distributable reserves | 133 | €282,992 | €282,992 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,375 | -€117,192 | -€35,818 | -44.0% |
| Amounts payable | 17/49 | €371,814 | €347,308 | -€24,506 | -6.6% |
| Amounts payable after more than one year | 17 | €101,712 | €48,886 | -€52,826 | -51.9% |
| Financial debts | 170/4 | €101,712 | €48,886 | -€52,826 | -51.9% |
| Amounts payable within one year | 42/48 | €270,102 | €298,422 | +€28,320 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €52,018 | €52,826 | +€808 | +1.6% |
| Trade debts | 44 | - | €77 | +€77 | |
| Suppliers | 440/4 | - | €77 | +€77 | |
| Other amounts payable | 47/48 | €218,084 | €245,518 | +€27,434 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,800 | €55,238 | -€562 | -1.0% |
| Other operating charges | 640/8 | €7,131 | €5,898 | -€1,233 | -17.3% |
| Gross operating margin | 9900 | €13,348 | €26,334 | +€12,985 | +97.3% |
| Operating profit (loss) | 9901 | -€49,583 | -€34,803 | +€14,780 | +29.8% |
| Financial income | 75/76B | €1,050 | €15,120 | +€14,070 | +1,340% |
| Recurring financial income | 75 | €1,050 | €0 | -€1,050 | -100% |
| Non-recurring financial income | 76B | - | €15,120 | +€15,120 | |
| Financial charges | 65/66B | €3,149 | €16,135 | +€12,986 | +412% |
| Recurring financial charges | 65 | €3,149 | €16,135 | +€12,986 | +412% |
| Profit (loss) for the period before taxes | 9903 | -€51,682 | -€35,818 | +€15,864 | +30.7% |
| Profit (loss) for the period | 9904 | -€51,682 | -€35,818 | +€15,864 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,682 | -€35,818 | +€15,864 | +30.7% |
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 15 October 2026 via checked.be.