MANNAX-wood solutions: 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.
MANNAX-wood solutions
Largest movements
- Cash +€9,447
up €9,447 (+41.9%), from €22,574 to €32,021
mainly Receivables within one year (+€6,198) and Depreciation (+€4,807)
- Receivables within one year -€6,198
down €6,198 (-14.2%), from €43,781 to €37,583
of which Trade receivables: -€3,973
- Tangible fixed assets -€4,807
down €4,807 (-98.9%), from €4,858 to €52
of which Furniture and vehicles: -€3,180
- Profit (loss) carried forward -€5,725
down €5,725 (-31.8%), from €18,010 to €12,285
- Trade debts +€3,442
up €3,442 (+741%), from €465 to €3,906
- Other debts +€825
new in 2025: €825
- Gross operating margin +€4,664
up €4,664, from -€3,655 to €1,009
- Financial income -€1,482
down €1,482 (-73.4%), from €2,019 to €537
- Depreciation -€1,142
down €1,142 (-19.2%), from €5,949 to €4,807
- Other operating charges -€521
down €521 (-22.1%), from €2,360 to €1,839
- Financial charges -€201
down €201 (-75.8%), from €265 to €64
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 | €72,350 | €70,993 | -€1,356 | -1.9% |
| Fixed assets | 21/28 | €5,038 | €232 | -€4,807 | -95.4% |
| Tangible fixed assets | 22/27 | €4,858 | €52 | -€4,807 | -98.9% |
| Plant, machinery and equipment | 23 | €1,679 | €52 | -€1,627 | -96.9% |
| Furniture and vehicles | 24 | €3,180 | - | -€3,180 | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €67,311 | €70,762 | +€3,450 | +5.1% |
| Amounts receivable within one year | 40/41 | €43,781 | €37,583 | -€6,198 | -14.2% |
| Trade receivables | 40 | €12,538 | €8,566 | -€3,973 | -31.7% |
| Other amounts receivable | 41 | €31,242 | €29,017 | -€2,225 | -7.1% |
| Cash at bank and in hand | 54/58 | €22,574 | €32,021 | +€9,447 | +41.9% |
| Deferred charges and accrued income | 490/1 | €957 | €1,158 | +€201 | +21.0% |
| Total equity and liabilities | 10/49 | €72,350 | €70,993 | -€1,356 | -1.9% |
| Equity | 10/15 | €65,373 | €59,648 | -€5,725 | -8.8% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €34,363 | €34,363 | = | 0.0% |
| Distributable reserves | 133 | €34,363 | €34,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,010 | €12,285 | -€5,725 | -31.8% |
| Amounts payable | 17/49 | €6,977 | €11,346 | +€4,369 | +62.6% |
| Amounts payable within one year | 42/48 | €6,977 | €11,346 | +€4,369 | +62.6% |
| Trade debts | 44 | €465 | €3,906 | +€3,442 | +741% |
| Suppliers | 440/4 | €465 | €3,906 | +€3,442 | +741% |
| Taxes, remuneration and social security | 45 | €6,512 | €6,614 | +€102 | +1.6% |
| Taxes | 450/3 | €2,512 | €1,114 | -€1,398 | -55.7% |
| Remuneration and social security | 454/9 | €4,000 | €5,500 | +€1,500 | +37.5% |
| Other amounts payable | 47/48 | - | €825 | +€825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,949 | €4,807 | -€1,142 | -19.2% |
| Other operating charges | 640/8 | €2,360 | €1,839 | -€521 | -22.1% |
| Gross operating margin | 9900 | -€3,655 | €1,009 | +€4,664 | |
| Operating profit (loss) | 9901 | -€11,964 | -€5,636 | +€6,328 | +52.9% |
| Financial income | 75/76B | €2,019 | €537 | -€1,482 | -73.4% |
| Recurring financial income | 75 | €2,019 | €537 | -€1,482 | -73.4% |
| Financial charges | 65/66B | €265 | €64 | -€201 | -75.8% |
| Recurring financial charges | 65 | €265 | €64 | -€201 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,210 | -€5,163 | +€5,047 | +49.4% |
| Income taxes | 67/77 | €552 | €562 | +€10 | +1.8% |
| Profit (loss) for the period | 9904 | -€10,762 | -€5,725 | +€5,037 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,762 | -€5,725 | +€5,037 | +46.8% |
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 30 October 2026 via checked.be.