MANOLO MADRID: 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.
MANOLO MADRID
Largest movements
- Receivables within one year +€32,159
up €32,159 (+26.0%), from €123,524 to €155,684
of which Other amounts receivable: +€36,203
- Cash -€7,326
down €7,326 (-36.4%), from €20,112 to €12,786
mainly Receivables within one year (-€32,159) and Accrued charges and deferred income (-€13,709)
- Financial fixed assets -€3,000
down €3,000 (-65.2%), from €4,600 to €1,600
- Tangible fixed assets -€2,088
down €2,088 (-19.9%), from €10,490 to €8,402
of which Plant, machinery and equipment: -€1,386
- Stocks and contracts -€1,945
down €1,945 (-31.6%), from €6,160 to €4,215
- Reserves +€15,815
up €15,815 (+16.7%), from €94,728 to €110,543
of which Distributable reserves: +€16,190
- Trade debts +€15,793
up €15,793 (+108%), from €14,661 to €30,454
- Accrued charges and deferred income -€13,709
down €13,709 (-87.2%), from €15,721 to €2,013
- Tax, wage and social debts -€6,316
down €6,316 (-23.2%), from €27,198 to €20,883
of which Remuneration and social security: -€7,006
- Other debts +€4,300
up €4,300, from €0 to €4,300
- Other operating charges -€15,593
down €15,593 (-84.8%), from €18,396 to €2,803
- Gross operating margin -€14,907
down €14,907 (-14.2%), from €104,720 to €89,812
- Staff costs -€9,874
down €9,874 (-14.6%), from €67,652 to €57,778
- Taxes +€3,459
up €3,459 (+124%), from €2,778 to €6,237
- Financial charges -€1,572
down €1,572 (-30.8%), from €5,104 to €3,532
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.
Derived cash bridge
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 | €170,908 | €186,793 | +€15,884 | +9.3% |
| Fixed assets | 21/28 | €15,090 | €10,002 | -€5,088 | -33.7% |
| Tangible fixed assets | 22/27 | €10,490 | €8,402 | -€2,088 | -19.9% |
| Plant, machinery and equipment | 23 | €2,710 | €1,324 | -€1,386 | -51.2% |
| Furniture and vehicles | 24 | €1,895 | €2,536 | +€641 | +33.8% |
| Other tangible fixed assets | 26 | €5,885 | €4,543 | -€1,343 | -22.8% |
| Financial fixed assets | 28 | €4,600 | €1,600 | -€3,000 | -65.2% |
| Current assets | 29/58 | €155,819 | €176,791 | +€20,972 | +13.5% |
| Stocks and contracts in progress | 3 | €6,160 | €4,215 | -€1,945 | -31.6% |
| Stocks | 30/36 | €6,160 | €4,215 | -€1,945 | -31.6% |
| Amounts receivable within one year | 40/41 | €123,524 | €155,684 | +€32,159 | +26.0% |
| Trade receivables | 40 | €16,480 | €12,436 | -€4,043 | -24.5% |
| Other amounts receivable | 41 | €107,045 | €143,247 | +€36,203 | +33.8% |
| Cash at bank and in hand | 54/58 | €20,112 | €12,786 | -€7,326 | -36.4% |
| Deferred charges and accrued income | 490/1 | €6,023 | €4,106 | -€1,917 | -31.8% |
| Total equity and liabilities | 10/49 | €170,908 | €186,793 | +€15,884 | +9.3% |
| Equity | 10/15 | €113,328 | €129,143 | +€15,815 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,728 | €110,543 | +€15,815 | +16.7% |
| Non-distributable reserves | 130/1 | €375 | €0 | -€375 | -100% |
| Reserves not available under the articles | 1311 | €375 | €0 | -€375 | -100% |
| Distributable reserves | 133 | €94,353 | €110,543 | +€16,190 | +17.2% |
| Amounts payable | 17/49 | €57,581 | €57,649 | +€69 | +0.1% |
| Amounts payable within one year | 42/48 | €41,859 | €55,637 | +€13,777 | +32.9% |
| Trade debts | 44 | €14,661 | €30,454 | +€15,793 | +108% |
| Suppliers | 440/4 | €14,661 | €30,454 | +€15,793 | +108% |
| Taxes, remuneration and social security | 45 | €27,198 | €20,883 | -€6,316 | -23.2% |
| Taxes | 450/3 | €13,819 | €14,510 | +€690 | +5.0% |
| Remuneration and social security | 454/9 | €13,379 | €6,373 | -€7,006 | -52.4% |
| Other amounts payable | 47/48 | €0 | €4,300 | +€4,300 | |
| Accrued charges and deferred income | 492/3 | €15,721 | €2,013 | -€13,709 | -87.2% |
| Remuneration, social security and pensions | 62 | €67,652 | €57,778 | -€9,874 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,314 | €3,648 | +€334 | +10.1% |
| Other operating charges | 640/8 | €18,396 | €2,803 | -€15,593 | -84.8% |
| Gross operating margin | 9900 | €104,720 | €89,812 | -€14,907 | -14.2% |
| Operating profit (loss) | 9901 | €15,359 | €25,584 | +€10,225 | +66.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,104 | €3,532 | -€1,572 | -30.8% |
| Recurring financial charges | 65 | €5,104 | €3,532 | -€1,572 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €10,254 | €22,052 | +€11,798 | +115% |
| Income taxes | 67/77 | €2,778 | €6,237 | +€3,459 | +124% |
| Profit (loss) for the period | 9904 | €7,476 | €15,815 | +€8,339 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €7,476 | €15,815 | +€8,339 | +112% |
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 17 October 2026 via checked.be.