MANOIR: 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.
MANOIR
Largest movements
- Stocks and contracts +€14,622
up €14,622 (+15.2%), from €96,285 to €110,908
- Cash +€6,912
up €6,912 (+4.2%), from €165,343 to €172,256
mainly Other debts (+€13,326) and Net result for the year (+€12,013)
- Other debts +€13,326
up €13,326 (+10.7%), from €124,847 to €138,173
- Reserves +€12,013
up €12,013 (+11.3%), from €105,888 to €117,901
of which Distributable reserves: +€12,013
- Tax, wage and social debts -€4,971
down €4,971 (-46.7%), from €10,637 to €5,666
- Gross operating margin -€5,441
down €5,441 (-23.7%), from €22,945 to €17,504
- Taxes -€1,187
down €1,187 (-20.9%), from €5,687 to €4,500
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,694 | €283,163 | +€19,470 | +7.4% |
| Fixed assets | 21/28 | €306 | - | -€306 | |
| Tangible fixed assets | 22/27 | €306 | - | -€306 | |
| Furniture and vehicles | 24 | €306 | - | -€306 | |
| Current assets | 29/58 | €263,388 | €283,163 | +€19,776 | +7.5% |
| Stocks and contracts in progress | 3 | €96,285 | €110,908 | +€14,622 | +15.2% |
| Stocks | 30/36 | €96,285 | €110,908 | +€14,622 | +15.2% |
| Cash at bank and in hand | 54/58 | €165,343 | €172,256 | +€6,912 | +4.2% |
| Deferred charges and accrued income | 490/1 | €1,759 | - | -€1,759 | |
| Total equity and liabilities | 10/49 | €263,694 | €283,163 | +€19,470 | +7.4% |
| Equity | 10/15 | €124,480 | €136,493 | +€12,013 | +9.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €105,888 | €117,901 | +€12,013 | +11.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,871 | €9,871 | = | 0.0% |
| Distributable reserves | 133 | €94,158 | €106,171 | +€12,013 | +12.8% |
| Amounts payable | 17/49 | €139,214 | €146,671 | +€7,457 | +5.4% |
| Amounts payable within one year | 42/48 | €139,214 | €146,671 | +€7,457 | +5.4% |
| Trade debts | 44 | €2,330 | €1,832 | -€498 | -21.4% |
| Suppliers | 440/4 | €2,330 | €1,832 | -€498 | -21.4% |
| Advances received on contracts in progress | 46 | €1,400 | €1,000 | -€400 | -28.6% |
| Taxes, remuneration and social security | 45 | €10,637 | €5,666 | -€4,971 | -46.7% |
| Taxes | 450/3 | €10,637 | €5,666 | -€4,971 | -46.7% |
| Other amounts payable | 47/48 | €124,847 | €138,173 | +€13,326 | +10.7% |
| Non-recurring operating income | 76A | €224 | - | -€224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307 | €306 | -€1 | -0.3% |
| Other operating charges | 640/8 | €664 | €686 | +€21 | +3.2% |
| Gross operating margin | 9900 | €22,945 | €17,504 | -€5,441 | -23.7% |
| Operating profit (loss) | 9901 | €21,974 | €16,512 | -€5,462 | -24.9% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €22,024 | €16,512 | -€5,512 | -25.0% |
| Income taxes | 67/77 | €5,687 | €4,500 | -€1,187 | -20.9% |
| Profit (loss) for the period | 9904 | €16,337 | €12,013 | -€4,325 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,337 | €12,013 | -€4,325 | -26.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.