Manjefiek: 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.
Manjefiek
Largest movements
- Receivables within one year -€16,999
down €16,999 (-76.6%), from €22,205 to €5,206
of which Trade receivables: -€15,730
- Tangible fixed assets +€6,506
up €6,506 (+3.3%), from €195,289 to €201,796
of which Furniture and vehicles: +€30,103
- Debts after one year -€25,855
down €25,855 (-26.6%), from €97,163 to €71,309
- Trade debts +€23,495
up €23,495 (+45.3%), from €51,810 to €75,305
- Profit (loss) carried forward -€19,036
down €19,036 (-267%), from -€7,121 to -€26,157
- Tax, wage and social debts +€10,507
up €10,507 (+19.4%), from €54,030 to €64,537
of which Remuneration and social security: +€8,322
- Gross operating margin -€59,307
down €59,307 (-20.2%), from €293,667 to €234,360
- Depreciation -€8,012
down €8,012 (-19.9%), from €40,271 to €32,260
- Staff costs +€3,735
up €3,735 (+1.8%), from €208,971 to €212,706
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 | €302,849 | €292,433 | -€10,416 | -3.4% |
| Fixed assets | 21/28 | €195,289 | €201,796 | +€6,506 | +3.3% |
| Tangible fixed assets | 22/27 | €195,289 | €201,796 | +€6,506 | +3.3% |
| Plant, machinery and equipment | 23 | €9,892 | €7,605 | -€2,288 | -23.1% |
| Furniture and vehicles | 24 | €8,986 | €39,089 | +€30,103 | +335% |
| Other tangible fixed assets | 26 | €176,411 | €155,102 | -€21,309 | -12.1% |
| Current assets | 29/58 | €107,559 | €90,637 | -€16,922 | -15.7% |
| Stocks and contracts in progress | 3 | €21,362 | €23,885 | +€2,523 | +11.8% |
| Stocks | 30/36 | €21,362 | €23,885 | +€2,523 | +11.8% |
| Amounts receivable within one year | 40/41 | €22,205 | €5,206 | -€16,999 | -76.6% |
| Trade receivables | 40 | €20,343 | €4,613 | -€15,730 | -77.3% |
| Other amounts receivable | 41 | €1,862 | €593 | -€1,269 | -68.2% |
| Cash at bank and in hand | 54/58 | €59,992 | €57,209 | -€2,783 | -4.6% |
| Deferred charges and accrued income | 490/1 | €4,000 | €4,337 | +€336 | +8.4% |
| Total equity and liabilities | 10/49 | €302,849 | €292,433 | -€10,416 | -3.4% |
| Equity | 10/15 | €56,572 | €37,536 | -€19,036 | -33.6% |
| Contributions | 10/11 | €12,450 | €12,450 | = | 0.0% |
| Reserves | 13 | €51,243 | €51,243 | = | 0.0% |
| Distributable reserves | 133 | €51,243 | €51,243 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,121 | -€26,157 | -€19,036 | -267% |
| Amounts payable | 17/49 | €246,277 | €254,897 | +€8,620 | +3.5% |
| Amounts payable after more than one year | 17 | €97,163 | €71,309 | -€25,855 | -26.6% |
| Financial debts | 170/4 | €97,163 | €71,309 | -€25,855 | -26.6% |
| Amounts payable within one year | 42/48 | €148,212 | €182,501 | +€34,288 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €26,239 | €25,855 | -€385 | -1.5% |
| Trade debts | 44 | €51,810 | €75,305 | +€23,495 | +45.3% |
| Suppliers | 440/4 | €51,810 | €75,305 | +€23,495 | +45.3% |
| Advances received on contracts in progress | 46 | €306 | €0 | -€306 | -100% |
| Taxes, remuneration and social security | 45 | €54,030 | €64,537 | +€10,507 | +19.4% |
| Taxes | 450/3 | €28,605 | €30,791 | +€2,186 | +7.6% |
| Remuneration and social security | 454/9 | €25,425 | €33,747 | +€8,322 | +32.7% |
| Other amounts payable | 47/48 | €15,827 | €16,804 | +€977 | +6.2% |
| Accrued charges and deferred income | 492/3 | €901 | €1,087 | +€186 | +20.7% |
| Remuneration, social security and pensions | 62 | €208,971 | €212,706 | +€3,735 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,271 | €32,260 | -€8,012 | -19.9% |
| Other operating charges | 640/8 | €4,560 | €4,882 | +€322 | +7.1% |
| Gross operating margin | 9900 | €293,667 | €234,360 | -€59,307 | -20.2% |
| Operating profit (loss) | 9901 | €39,865 | -€15,488 | -€55,353 | |
| Financial income | 75/76B | €10 | €359 | +€349 | +3,343% |
| Recurring financial income | 75 | €10 | €359 | +€349 | +3,343% |
| Financial charges | 65/66B | €3,639 | €3,443 | -€196 | -5.4% |
| Recurring financial charges | 65 | €3,639 | €3,443 | -€196 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €36,236 | -€18,571 | -€54,808 | |
| Income taxes | 67/77 | €2,692 | €465 | -€2,228 | -82.7% |
| Profit (loss) for the period | 9904 | €33,544 | -€19,036 | -€52,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,544 | -€19,036 | -€52,580 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.