MANITUDE CONSULTING: what changed
MANITUDE CONSULTING
Largest movements
- Current investments +€135,000
new in 2025: €135,000
- Cash -€38,670
down €38,670 (-34.5%), from €111,969 to €73,299
mainly Current investments (-€135,000) and Receivables within one year (-€4,840)
- Receivables within one year +€4,840
up €4,840 (+11.1%), from €43,560 to €48,400
- Tangible fixed assets -€2,892
down €2,892 (-41.0%), from €7,049 to €4,157
of which Other tangible fixed assets: -€2,239
- Reserves +€58,741
up €58,741 (+52.2%), from €112,559 to €171,300
of which Distributable reserves: +€58,741
- Tax, wage and social debts +€38,898
up €38,898 (+162%), from €24,084 to €62,982
- Other debts +€4,347
up €4,347 (+325%), from €1,336 to €5,683
- Trade debts -€3,032
down €3,032 (-33.9%), from €8,945 to €5,913
- Gross operating margin -€16,196
down €16,196 (-15.5%), from €104,308 to €88,112
- Taxes -€1,387
down €1,387 (-5.5%), from €25,062 to €23,675
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 | €162,578 | €261,532 | +€98,954 | +60.9% |
| Fixed assets | 21/28 | €7,049 | €4,157 | -€2,892 | -41.0% |
| Tangible fixed assets | 22/27 | €7,049 | €4,157 | -€2,892 | -41.0% |
| Furniture and vehicles | 24 | €1,829 | €1,176 | -€653 | -35.7% |
| Other tangible fixed assets | 26 | €5,220 | €2,981 | -€2,239 | -42.9% |
| Current assets | 29/58 | €155,529 | €257,375 | +€101,846 | +65.5% |
| Amounts receivable within one year | 40/41 | €43,560 | €48,400 | +€4,840 | +11.1% |
| Trade receivables | 40 | €43,560 | €48,400 | +€4,840 | +11.1% |
| Current investments | 50/53 | - | €135,000 | +€135,000 | |
| Cash at bank and in hand | 54/58 | €111,969 | €73,299 | -€38,670 | -34.5% |
| Deferred charges and accrued income | 490/1 | - | €676 | +€676 | |
| Total equity and liabilities | 10/49 | €162,578 | €261,532 | +€98,954 | +60.9% |
| Equity | 10/15 | €125,059 | €183,800 | +€58,741 | +47.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €112,559 | €171,300 | +€58,741 | +52.2% |
| Non-distributable reserves | 130/1 | €189 | €189 | = | 0.0% |
| Reserves not available under the articles | 1311 | €189 | €189 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,329 | €18,329 | = | 0.0% |
| Distributable reserves | 133 | €94,041 | €152,782 | +€58,741 | +62.5% |
| Amounts payable | 17/49 | €37,519 | €77,732 | +€40,213 | +107% |
| Amounts payable within one year | 42/48 | €34,365 | €74,578 | +€40,213 | +117% |
| Trade debts | 44 | €8,945 | €5,913 | -€3,032 | -33.9% |
| Suppliers | 440/4 | €8,945 | €5,913 | -€3,032 | -33.9% |
| Taxes, remuneration and social security | 45 | €24,084 | €62,982 | +€38,898 | +162% |
| Taxes | 450/3 | €24,084 | €62,982 | +€38,898 | +162% |
| Other amounts payable | 47/48 | €1,336 | €5,683 | +€4,347 | +325% |
| Accrued charges and deferred income | 492/3 | €3,154 | €3,154 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,630 | €2,892 | +€262 | +10.0% |
| Other operating charges | 640/8 | €1,009 | €412 | -€597 | -59.2% |
| Gross operating margin | 9900 | €104,308 | €88,112 | -€16,196 | -15.5% |
| Operating profit (loss) | 9901 | €100,669 | €84,808 | -€15,861 | -15.8% |
| Financial charges | 65/66B | €1,976 | €2,391 | +€415 | +21.0% |
| Recurring financial charges | 65 | €1,976 | €2,391 | +€415 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €98,693 | €82,417 | -€16,276 | -16.5% |
| Income taxes | 67/77 | €25,062 | €23,675 | -€1,387 | -5.5% |
| Profit (loss) for the period | 9904 | €73,631 | €58,742 | -€14,889 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,631 | €58,742 | -€14,889 | -20.2% |
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 5 November 2026 via checked.be.