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Manolyco: 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.

What changed

Manolyco

BE 0776.582.196
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1,902
2023 · €1,509-€3,411
Equity
€319,109
2023 · €321,011-€1,902
Cash
€43,305
2023 · €13,211+€30,094
Balance sheet total
€360,684
2023 · €369,984-€9,300

Largest movements

2023 to 2024
Assets
  • Cash +€30,094

    up €30,094 (+227.8%), from €13,211 to €43,305

    mainly Depreciation (+€25,143) and Receivables within one year (+€14,251)

  • Tangible fixed assets -€25,143

    down €25,143 (-7.7%), from €324,888 to €299,746

  • Receivables within one year -€14,251

    down €14,251 (-44.7%), from €31,885 to €17,634

Equity and liabilities
  • Debts after one year -€6,875

    down €6,875 (-16.5%), from €41,575 to €34,700

Income statement
  • Gross operating margin -€3,425

    down €3,425 (-11.0%), from €31,232 to €27,807

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €1,509
Gross operating margin -€3,425
Depreciation +€165
Other operating charges -€292
Financial charges +€140
Result 2024 -€1,902

Cash bridge derived

cash 2023 to 2024

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.

From operations +€36,826
Investment €0
Financing -€6,732
Cash 2023 €13,211
Net result for the year -€1,902
Depreciation +€25,143
Receivables within one year +€14,251
Trade debts -€666
Debts after one year -€6,875
Current portion of long-term debt +€143
Cash 2024 €43,305
Every line side by side 31 lines
Line Code 2023 2024 Change %
Total assets 20/58 €369,984 €360,684 -€9,300 -2.5%
Fixed assets 21/28 €324,888 €299,746 -€25,143 -7.7%
Tangible fixed assets 22/27 €324,888 €299,746 -€25,143 -7.7%
Land and buildings 22 €324,888 €299,746 -€25,143 -7.7%
Current assets 29/58 €45,096 €60,939 +€15,842 +35.1%
Amounts receivable within one year 40/41 €31,885 €17,634 -€14,251 -44.7%
Other amounts receivable 41 €31,885 €17,634 -€14,251 -44.7%
Cash at bank and in hand 54/58 €13,211 €43,305 +€30,094 +227.8%
Total equity and liabilities 10/49 €369,984 €360,684 -€9,300 -2.5%
Equity 10/15 €321,011 €319,109 -€1,902 -0.6%
Contributions 10/11 €48,113 €48,113 = 0.0%
Reserves 13 €272,898 €270,996 -€1,902 -0.7%
Non-distributable reserves 130/1 €4,651 €4,651 = 0.0%
Reserves not available under the articles 1311 €4,651 €4,651 = 0.0%
Distributable reserves 133 €268,247 €266,345 -€1,902 -0.7%
Amounts payable 17/49 €48,973 €41,575 -€7,398 -15.1%
Amounts payable after more than one year 17 €41,575 €34,700 -€6,875 -16.5%
Financial debts 170/4 €41,575 €34,700 -€6,875 -16.5%
Amounts payable within one year 42/48 €7,398 €6,875 -€523 -7.1%
Current portion of amounts payable after more than one year 42 €6,732 €6,875 +€143 +2.1%
Trade debts 44 €666 - -€666
Suppliers 440/4 €666 - -€666
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €25,308 €25,143 -€165 -0.7%
Other operating charges 640/8 €3,326 €3,617 +€292 +8.8%
Gross operating margin 9900 €31,232 €27,807 -€3,425 -11.0%
Operating profit (loss) 9901 €2,599 -€952 -€3,551
Financial charges 65/66B €1,090 €950 -€140 -12.8%
Recurring financial charges 65 €1,090 €950 -€140 -12.8%
Profit (loss) for the period before taxes 9903 €1,509 -€1,902 -€3,411
Profit (loss) for the period 9904 €1,509 -€1,902 -€3,411
Profit (loss) for the period to be appropriated 9905 €1,509 -€1,902 -€3,411

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.