MANOFORM: 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.
MANOFORM
Largest movements
- Receivables after one year -€27,619
down €27,619 (-2.2%), from €1.2m to €1.2m
- Debts after one year -€29,450
down €29,450 (-65.8%), from €44,759 to €15,309
- Other operating charges +€1,983
new in 2025: €1,983
- Financial income +€132
up €132 (+1.1%), from €12,115 to €12,247
- Financial charges -€27
down €27 (-27.3%), from €98 to €71
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 | €1,255,491 | €1,233,872 | -€21,619 | -1.7% |
| Current assets | 29/58 | €1,255,491 | €1,233,872 | -€21,619 | -1.7% |
| Amounts receivable after more than one year | 29 | €1,238,076 | €1,210,457 | -€27,619 | -2.2% |
| Other amounts receivable | 291 | €1,238,076 | €1,210,457 | -€27,619 | -2.2% |
| Cash at bank and in hand | 54/58 | €5,034 | €11,168 | +€6,134 | +121.8% |
| Deferred charges and accrued income | 490/1 | €12,381 | €12,247 | -€134 | -1.1% |
| Total equity and liabilities | 10/49 | €1,255,491 | €1,233,872 | -€21,619 | -1.7% |
| Equity | 10/15 | €1,210,732 | €1,218,563 | +€7,831 | +0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,190,732 | €1,198,563 | +€7,831 | +0.7% |
| Amounts payable | 17/49 | €44,759 | €15,309 | -€29,450 | -65.8% |
| Amounts payable after more than one year | 17 | €44,759 | €15,309 | -€29,450 | -65.8% |
| Other amounts payable | 178/9 | €44,759 | €15,309 | -€29,450 | -65.8% |
| Other operating charges | 640/8 | - | €1,983 | +€1,983 | |
| Gross operating margin | 9900 | -€2,348 | -€2,362 | -€14 | -0.6% |
| Operating profit (loss) | 9901 | -€2,348 | -€4,345 | -€1,997 | -85.0% |
| Financial income | 75/76B | €12,115 | €12,247 | +€132 | +1.1% |
| Recurring financial income | 75 | €12,115 | €12,247 | +€132 | +1.1% |
| Financial charges | 65/66B | €98 | €71 | -€27 | -27.3% |
| Recurring financial charges | 65 | €98 | €71 | -€27 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €9,669 | €7,831 | -€1,838 | -19.0% |
| Profit (loss) for the period | 9904 | €9,669 | €7,831 | -€1,838 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,669 | €7,831 | -€1,838 | -19.0% |
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 28 September 2026 via checked.be.