MANNIDOC: 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.
MANNIDOC
Largest movements
- Cash +€245,638
up €245,638 (+127.6%), from €192,575 to €438,213
mainly Current investments (+€200,000) and Net result for the year (+€146,228)
- Current investments -€200,000
down €200,000 (-33.9%), from €589,665 to €389,665
- Deferred charges and accrued income +€39,159
up €39,159 (+2545.9%), from €1,538 to €40,697
- Receivables within one year -€11,121
down €11,121 (-76.9%), from €14,454 to €3,333
- Reserves +€145,395
up €145,395 (+30.3%), from €479,380 to €624,774
of which Distributable reserves: +€145,395
- Other debts -€70,898
down €70,898 (-24.1%), from €294,468 to €223,571
- Taxes -€3,879
down €3,879 (-6.4%), from €60,546 to €56,667
- Financial charges -€3,745
down €3,745 (-17.6%), from €21,232 to €17,487
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 | €800,433 | €873,673 | +€73,240 | +9.2% |
| Fixed assets | 21/28 | €2,201 | €1,765 | -€436 | -19.8% |
| Tangible fixed assets | 22/27 | €1,976 | €1,540 | -€436 | -22.1% |
| Furniture and vehicles | 24 | €1,976 | €1,540 | -€436 | -22.1% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €798,232 | €871,908 | +€73,676 | +9.2% |
| Amounts receivable within one year | 40/41 | €14,454 | €3,333 | -€11,121 | -76.9% |
| Other amounts receivable | 41 | €14,454 | €3,333 | -€11,121 | -76.9% |
| Current investments | 50/53 | €589,665 | €389,665 | -€200,000 | -33.9% |
| Cash at bank and in hand | 54/58 | €192,575 | €438,213 | +€245,638 | +127.6% |
| Deferred charges and accrued income | 490/1 | €1,538 | €40,697 | +€39,159 | +2545.9% |
| Total equity and liabilities | 10/49 | €800,433 | €873,673 | +€73,240 | +9.2% |
| Equity | 10/15 | €497,980 | €643,374 | +€145,395 | +29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €479,380 | €624,774 | +€145,395 | +30.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €477,520 | €622,914 | +€145,395 | +30.4% |
| Amounts payable | 17/49 | €302,454 | €230,299 | -€72,155 | -23.9% |
| Amounts payable within one year | 42/48 | €302,454 | €230,299 | -€72,155 | -23.9% |
| Financial debts | 43 | - | €50 | +€50 | |
| Credit institutions | 430/8 | - | €50 | +€50 | |
| Trade debts | 44 | €97 | €61 | -€36 | -37.3% |
| Suppliers | 440/4 | €97 | €61 | -€36 | -37.3% |
| Taxes, remuneration and social security | 45 | €7,888 | €6,617 | -€1,271 | -16.1% |
| Taxes | 450/3 | €7,888 | €6,617 | -€1,271 | -16.1% |
| Other amounts payable | 47/48 | €294,468 | €223,571 | -€70,898 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €986 | €805 | -€180 | -18.3% |
| Other operating charges | 640/8 | €579 | €1,079 | +€500 | +86.3% |
| Non-recurring operating charges | 66A | - | €230 | +€230 | |
| Gross operating margin | 9900 | €211,425 | €211,482 | +€57 | 0.0% |
| Operating profit (loss) | 9901 | €209,860 | €209,368 | -€492 | -0.2% |
| Financial income | 75/76B | €11,923 | €11,014 | -€909 | -7.6% |
| Recurring financial income | 75 | €11,923 | €11,014 | -€909 | -7.6% |
| Financial charges | 65/66B | €21,232 | €17,487 | -€3,745 | -17.6% |
| Recurring financial charges | 65 | €21,232 | €17,487 | -€3,745 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €200,551 | €202,895 | +€2,343 | +1.2% |
| Income taxes | 67/77 | €60,546 | €56,667 | -€3,879 | -6.4% |
| Profit (loss) for the period | 9904 | €140,006 | €146,228 | +€6,222 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €140,006 | €146,228 | +€6,222 | +4.4% |
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 2 October 2026 via checked.be.