MANKAMANA: what changed
Two fiscal 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.
MANKAMANA
Largest movements
- Tangible fixed assets +€6,303
new in 2025: €6,303
of which Furniture and vehicles: +€5,550
- Cash -€5,166
down €5,166 (-23.9%), from €21,586 to €16,420
mainly Trade debts (-€11,179) and Investment in fixed assets (net) (-€7,330)
- Receivables within one year +€1,837
up €1,837 (+123.2%), from €1,492 to €3,329
- Intangible fixed assets -€1,000
down €1,000 (-20.0%), from €5,000 to €4,000
- Trade debts -€11,179
down €11,179 (-47.4%), from €23,586 to €12,407
- Tax, wage and social debts +€7,650
up €7,650 (+167.6%), from €4,564 to €12,214
of which Remuneration and social security: +€9,577
- Profit (loss) carried forward +€5,503
up €5,503 (+255.4%), from €2,154 to €7,657
- Staff costs -€27,742
down €27,742 (-18.7%), from €148,666 to €120,923
- Gross operating margin -€23,238
down €23,238 (-15.1%), from €154,135 to €130,896
- Depreciation +€2,027
new in 2025: €2,027
- Financial charges -€1,557
down €1,557 (-69.1%), from €2,251 to €695
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 | €35,305 | €37,278 | +€1,974 | +5.6% |
| Fixed assets | 21/28 | €5,000 | €10,303 | +€5,303 | +106.1% |
| Intangible fixed assets | 21 | €5,000 | €4,000 | -€1,000 | -20.0% |
| Tangible fixed assets | 22/27 | - | €6,303 | +€6,303 | |
| Plant, machinery and equipment | 23 | - | €752 | +€752 | |
| Furniture and vehicles | 24 | - | €5,550 | +€5,550 | |
| Current assets | 29/58 | €30,305 | €26,976 | -€3,329 | -11.0% |
| Stocks and contracts in progress | 3 | €7,227 | €7,227 | = | 0.0% |
| Stocks | 30/36 | €7,227 | €7,227 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,492 | €3,329 | +€1,837 | +123.2% |
| Other amounts receivable | 41 | €1,492 | €3,329 | +€1,837 | +123.2% |
| Cash at bank and in hand | 54/58 | €21,586 | €16,420 | -€5,166 | -23.9% |
| Total equity and liabilities | 10/49 | €35,305 | €37,278 | +€1,974 | +5.6% |
| Equity | 10/15 | €7,154 | €12,657 | +€5,503 | +76.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,154 | €7,657 | +€5,503 | +255.4% |
| Amounts payable | 17/49 | €28,150 | €24,621 | -€3,529 | -12.5% |
| Amounts payable within one year | 42/48 | €28,150 | €24,621 | -€3,529 | -12.5% |
| Trade debts | 44 | €23,586 | €12,407 | -€11,179 | -47.4% |
| Suppliers | 440/4 | €23,586 | €12,407 | -€11,179 | -47.4% |
| Taxes, remuneration and social security | 45 | €4,564 | €12,214 | +€7,650 | +167.6% |
| Taxes | 450/3 | €4,564 | €2,637 | -€1,927 | -42.2% |
| Remuneration and social security | 454/9 | - | €9,577 | +€9,577 | |
| Remuneration, social security and pensions | 62 | €148,666 | €120,923 | -€27,742 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,027 | +€2,027 | |
| Other operating charges | 640/8 | - | €176 | +€176 | |
| Gross operating margin | 9900 | €154,135 | €130,896 | -€23,238 | -15.1% |
| Operating profit (loss) | 9901 | €5,469 | €7,770 | +€2,301 | +42.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Financial charges | 65/66B | €2,251 | €695 | -€1,557 | -69.1% |
| Recurring financial charges | 65 | €2,251 | €695 | -€1,557 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €3,219 | €7,075 | +€3,856 | +119.8% |
| Income taxes | 67/77 | €1,065 | €1,573 | +€508 | +47.7% |
| Profit (loss) for the period | 9904 | €2,154 | €5,503 | +€3,348 | +155.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,154 | €5,503 | +€3,348 | +155.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.