MANO TRADING: what changed
MANO TRADING
Largest movements
- Receivables within one year -€11,059
down €11,059 (-57.8%), from €19,148 to €8,089
of which Trade receivables: -€12,000
- Cash -€5,829
down €5,829 (-69.5%), from €8,392 to €2,563
mainly Net result for the year (-€13,657) and Accrued charges and deferred income (-€3,321)
- Profit (loss) carried forward -€13,657
new in 2025: -€13,657
- Accrued charges and deferred income -€3,321
no longer reported in 2025 (was €3,321)
- Tax, wage and social debts -€1,775
down €1,775 (-24.0%), from €7,393 to €5,618
of which Taxes: -€1,165
- Gross operating margin -€16,410
down €16,410 (-50.0%), from €32,850 to €16,440
- Staff costs +€1,912
up €1,912 (+6.6%), from €29,115 to €31,027
- Taxes -€1,488
no longer reported in 2025 (was €1,488)
- Financial income +€585
up €585 (+54.4%), from €1,075 to €1,660
- Depreciation -€409
no longer reported in 2025 (was €409)
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 | €130,138 | €111,078 | -€19,060 | -14.6% |
| Fixed assets | 21/28 | €174 | €174 | = | 0.0% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €129,963 | €110,903 | -€19,060 | -14.7% |
| Amounts receivable within one year | 40/41 | €19,148 | €8,089 | -€11,059 | -57.8% |
| Trade receivables | 40 | €18,000 | €6,000 | -€12,000 | -66.7% |
| Other amounts receivable | 41 | €1,148 | €2,089 | +€941 | +82.0% |
| Current investments | 50/53 | €101,000 | €100,000 | -€1,000 | -1.0% |
| Cash at bank and in hand | 54/58 | €8,392 | €2,563 | -€5,829 | -69.5% |
| Deferred charges and accrued income | 490/1 | €1,424 | €252 | -€1,172 | -82.3% |
| Total equity and liabilities | 10/49 | €130,138 | €111,078 | -€19,060 | -14.6% |
| Equity | 10/15 | €114,252 | €100,595 | -€13,657 | -12.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €94,252 | €94,252 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €92,252 | €92,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€13,657 | -€13,657 | |
| Amounts payable | 17/49 | €15,885 | €10,483 | -€5,403 | -34.0% |
| Amounts payable within one year | 42/48 | €12,565 | €10,483 | -€2,082 | -16.6% |
| Trade debts | 44 | €4,952 | €4,551 | -€401 | -8.1% |
| Suppliers | 440/4 | €4,952 | €4,551 | -€401 | -8.1% |
| Taxes, remuneration and social security | 45 | €7,393 | €5,618 | -€1,775 | -24.0% |
| Taxes | 450/3 | €1,203 | €37 | -€1,165 | -96.9% |
| Remuneration and social security | 454/9 | €6,190 | €5,581 | -€610 | -9.8% |
| Other amounts payable | 47/48 | €220 | €314 | +€94 | +42.7% |
| Accrued charges and deferred income | 492/3 | €3,321 | - | -€3,321 | |
| Remuneration, social security and pensions | 62 | €29,115 | €31,027 | +€1,912 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €409 | - | -€409 | |
| Other operating charges | 640/8 | €579 | €593 | +€14 | +2.5% |
| Gross operating margin | 9900 | €32,850 | €16,440 | -€16,410 | -50.0% |
| Operating profit (loss) | 9901 | €2,748 | -€15,179 | -€17,927 | |
| Financial income | 75/76B | €1,075 | €1,660 | +€585 | +54.4% |
| Recurring financial income | 75 | €1,075 | €1,660 | +€585 | +54.4% |
| Financial charges | 65/66B | €138 | €138 | = | 0.0% |
| Recurring financial charges | 65 | €138 | €138 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,685 | -€13,657 | -€17,342 | |
| Income taxes | 67/77 | €1,488 | - | -€1,488 | |
| Profit (loss) for the period | 9904 | €2,197 | -€13,657 | -€15,854 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,197 | -€13,657 | -€15,854 |
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 2 November 2026 via checked.be.