MANOLITOFRIT: 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.
MANOLITOFRIT
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Cash -€20,507
down €20,507 (-61.1%), from €33,565 to €13,058
mainly Receivables after one year (-€30,000) and Trade debts (-€10,830)
- Receivables within one year +€10,728
up €10,728 (+44.8%), from €23,960 to €34,688
of which Trade receivables: +€16,796
- Tangible fixed assets -€7,392
down €7,392 (-44.4%), from €16,630 to €9,238
of which Furniture and vehicles: -€5,461
- Stocks and contracts +€2,025
up €2,025 (+57.4%), from €3,527 to €5,552
- Tax, wage and social debts +€18,046
up €18,046 (+101%), from €17,835 to €35,881
of which Taxes: +€18,142
- Trade debts -€10,830
no longer reported in 2025 (was €10,830)
- Reserves +€4,706
up €4,706 (+25.1%), from €18,767 to €23,473
of which Distributable reserves: +€4,706
- Other debts +€2,889
up €2,889 (+19.1%), from €15,111 to €18,000
- Other operating charges +€21,198
up €21,198 (+827%), from €2,563 to €23,761
- Gross operating margin +€19,631
up €19,631 (+64.8%), from €30,274 to €49,905
- Taxes +€6,469
up €6,469 (+129%), from €5,002 to €11,471
- Depreciation -€4,561
down €4,561 (-70.2%), from €6,493 to €1,932
- Financial charges +€3,858
up €3,858 (+118%), from €3,272 to €7,130
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 | €81,429 | €96,240 | +€14,811 | +18.2% |
| Fixed assets | 21/28 | €20,334 | €12,942 | -€7,392 | -36.4% |
| Tangible fixed assets | 22/27 | €16,630 | €9,238 | -€7,392 | -44.4% |
| Plant, machinery and equipment | 23 | €848 | - | -€848 | |
| Furniture and vehicles | 24 | €5,461 | - | -€5,461 | |
| Other tangible fixed assets | 26 | €10,321 | €9,238 | -€1,083 | -10.5% |
| Financial fixed assets | 28 | €3,704 | €3,704 | = | 0.0% |
| Current assets | 29/58 | €61,095 | €83,298 | +€22,203 | +36.3% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Trade receivables | 290 | - | €30,000 | +€30,000 | |
| Stocks and contracts in progress | 3 | €3,527 | €5,552 | +€2,025 | +57.4% |
| Stocks | 30/36 | €3,527 | €5,552 | +€2,025 | +57.4% |
| Amounts receivable within one year | 40/41 | €23,960 | €34,688 | +€10,728 | +44.8% |
| Trade receivables | 40 | - | €16,796 | +€16,796 | |
| Other amounts receivable | 41 | €23,960 | €17,892 | -€6,068 | -25.3% |
| Cash at bank and in hand | 54/58 | €33,565 | €13,058 | -€20,507 | -61.1% |
| Deferred charges and accrued income | 490/1 | €43 | - | -€43 | |
| Total equity and liabilities | 10/49 | €81,429 | €96,240 | +€14,811 | +18.2% |
| Equity | 10/15 | €37,653 | €42,359 | +€4,706 | +12.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €18,767 | €23,473 | +€4,706 | +25.1% |
| 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 | €16,907 | €21,613 | +€4,706 | +27.8% |
| Profit (loss) carried forward | 14 | €294 | €294 | = | 0.0% |
| Amounts payable | 17/49 | €43,776 | €53,881 | +€10,105 | +23.1% |
| Amounts payable within one year | 42/48 | €43,776 | €53,881 | +€10,105 | +23.1% |
| Trade debts | 44 | €10,830 | - | -€10,830 | |
| Suppliers | 440/4 | €10,830 | - | -€10,830 | |
| Taxes, remuneration and social security | 45 | €17,835 | €35,881 | +€18,046 | +101% |
| Taxes | 450/3 | €17,050 | €35,192 | +€18,142 | +106% |
| Remuneration and social security | 454/9 | €785 | €689 | -€96 | -12.2% |
| Other amounts payable | 47/48 | €15,111 | €18,000 | +€2,889 | +19.1% |
| Non-recurring operating income | 76A | - | €9,415 | +€9,415 | |
| Remuneration, social security and pensions | 62 | €1,192 | €824 | -€368 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,493 | €1,932 | -€4,561 | -70.2% |
| Other operating charges | 640/8 | €2,563 | €23,761 | +€21,198 | +827% |
| Non-recurring operating charges | 66A | - | €81 | +€81 | |
| Gross operating margin | 9900 | €30,274 | €49,905 | +€19,631 | +64.8% |
| Operating profit (loss) | 9901 | €20,026 | €23,307 | +€3,281 | +16.4% |
| Financial charges | 65/66B | €3,272 | €7,130 | +€3,858 | +118% |
| Recurring financial charges | 65 | €3,272 | €7,130 | +€3,858 | +118% |
| Profit (loss) for the period before taxes | 9903 | €16,754 | €16,177 | -€577 | -3.4% |
| Income taxes | 67/77 | €5,002 | €11,471 | +€6,469 | +129% |
| Profit (loss) for the period | 9904 | €11,752 | €4,706 | -€7,046 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,752 | €4,706 | -€7,046 | -60.0% |
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 17 October 2026 via checked.be.