Manome: 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.
Manome
Largest movements
- Current investments -€212,000
no longer reported in 2025 (was €212,000)
- Receivables within one year +€188,360
up €188,360 (+111%), from €169,269 to €357,628
of which Other amounts receivable: +€191,960
- Intangible fixed assets -€182,035
down €182,035 (-10.2%), from €1.8m to €1.6m
- Cash +€79,198
up €79,198 (+39.4%), from €201,202 to €280,400
mainly Depreciation (+€307,762) and Current investments (+€212,000)
- Tangible fixed assets -€72,764
down €72,764 (-2.9%), from €2.5m to €2.5m
of which Assets under construction and advance payments: -€697,813
- Debts after one year -€136,899
down €136,899 (-7.3%), from €1.9m to €1.7m
of which Financial debts: -€136,899
- Tax, wage and social debts -€66,774
down €66,774 (-96.4%), from €69,274 to €2,500
- Financial income -€204,454
down €204,454 (-98.4%), from €207,742 to €3,288
- Gross operating margin -€104,650
down €104,650 (-20.1%), from €521,849 to €417,199
- Taxes -€92,692
down €92,692 (-90.0%), from €102,978 to €10,286
- Depreciation +€53,385
up €53,385 (+21.0%), from €254,377 to €307,762
- Financial charges +€41,829
up €41,829 (+199%), from €21,025 to €62,854
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 | €5,023,089 | €4,823,253 | -€199,835 | -4.0% |
| Fixed assets | 21/28 | €4,332,421 | €4,077,622 | -€254,799 | -5.9% |
| Intangible fixed assets | 21 | €1,786,857 | €1,604,822 | -€182,035 | -10.2% |
| Tangible fixed assets | 22/27 | €2,545,564 | €2,472,800 | -€72,764 | -2.9% |
| Land and buildings | 22 | €1,724,938 | €2,367,415 | +€642,477 | +37.2% |
| Plant, machinery and equipment | 23 | €6,750 | €12,392 | +€5,642 | +83.6% |
| Furniture and vehicles | 24 | €116,062 | €92,993 | -€23,069 | -19.9% |
| Assets under construction and advance payments | 27 | €697,813 | - | -€697,813 | |
| Current assets | 29/58 | €690,668 | €745,632 | +€54,963 | +8.0% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €169,269 | €357,628 | +€188,360 | +111% |
| Trade receivables | 40 | €3,600 | - | -€3,600 | |
| Other amounts receivable | 41 | €165,669 | €357,628 | +€191,960 | +116% |
| Current investments | 50/53 | €212,000 | - | -€212,000 | |
| Cash at bank and in hand | 54/58 | €201,202 | €280,400 | +€79,198 | +39.4% |
| Deferred charges and accrued income | 490/1 | €3,197 | €2,604 | -€594 | -18.6% |
| Total equity and liabilities | 10/49 | €5,023,089 | €4,823,253 | -€199,835 | -4.0% |
| Equity | 10/15 | €2,118,620 | €2,143,235 | +€24,615 | +1.2% |
| Contributions | 10/11 | €1,117,200 | €1,117,200 | = | 0.0% |
| Reserves | 13 | €1,001,354 | €1,025,958 | +€24,604 | +2.5% |
| Distributable reserves | 133 | €1,001,354 | €1,025,958 | +€24,604 | +2.5% |
| Profit (loss) carried forward | 14 | €66 | €77 | +€11 | +16.0% |
| Amounts payable | 17/49 | €2,904,468 | €2,680,018 | -€224,450 | -7.7% |
| Amounts payable after more than one year | 17 | €1,878,518 | €1,741,619 | -€136,899 | -7.3% |
| Financial debts | 170/4 | €1,778,518 | €1,641,619 | -€136,899 | -7.7% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,024,983 | €937,401 | -€87,582 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €134,828 | €136,899 | +€2,071 | +1.5% |
| Trade debts | 44 | €8,983 | €10,078 | +€1,095 | +12.2% |
| Suppliers | 440/4 | €8,983 | €10,078 | +€1,095 | +12.2% |
| Taxes, remuneration and social security | 45 | €69,274 | €2,500 | -€66,774 | -96.4% |
| Taxes | 450/3 | €69,274 | €2,500 | -€66,774 | -96.4% |
| Other amounts payable | 47/48 | €811,897 | €787,924 | -€23,974 | -3.0% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Remuneration, social security and pensions | 62 | -€2,397 | - | +€2,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254,377 | €307,762 | +€53,385 | +21.0% |
| Other operating charges | 640/8 | €14,478 | €13,304 | -€1,174 | -8.1% |
| Gross operating margin | 9900 | €521,849 | €417,199 | -€104,650 | -20.1% |
| Operating profit (loss) | 9901 | €255,391 | €96,133 | -€159,258 | -62.4% |
| Financial income | 75/76B | €207,742 | €3,288 | -€204,454 | -98.4% |
| Recurring financial income | 75 | €207,742 | €3,288 | -€204,454 | -98.4% |
| Financial charges | 65/66B | €21,025 | €62,854 | +€41,829 | +199% |
| Recurring financial charges | 65 | €21,025 | €62,854 | +€41,829 | +199% |
| Profit (loss) for the period before taxes | 9903 | €442,108 | €36,567 | -€405,541 | -91.7% |
| Income taxes | 67/77 | €102,978 | €10,286 | -€92,692 | -90.0% |
| Profit (loss) for the period | 9904 | €339,130 | €26,281 | -€312,850 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €339,130 | €26,281 | -€312,850 | -92.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.