MANON: 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.
MANON
Largest movements
- Tangible fixed assets -€37,743
down €37,743 (-4.9%), from €775,815 to €738,072
of which Land and buildings: -€35,882
- Debts after one year -€25,893
down €25,893 (-6.7%), from €384,324 to €358,431
- Profit (loss) carried forward -€12,414
down €12,414 (-58.2%), from -€21,318 to -€33,732
- Other operating charges -€1,996
down €1,996 (-43.1%), from €4,626 to €2,630
- Gross operating margin -€833
down €833 (-2.1%), from €39,915 to €39,082
- Financial charges -€825
down €825 (-6.9%), from €11,948 to €11,123
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €817,555 | €780,223 | -€37,332 | -4.6% |
| Fixed assets | 21/28 | €775,815 | €738,072 | -€37,743 | -4.9% |
| Tangible fixed assets | 22/27 | €775,815 | €738,072 | -€37,743 | -4.9% |
| Land and buildings | 22 | €772,674 | €736,792 | -€35,882 | -4.6% |
| Other tangible fixed assets | 26 | €3,141 | €1,280 | -€1,861 | -59.2% |
| Current assets | 29/58 | €41,740 | €42,151 | +€411 | +1.0% |
| Amounts receivable within one year | 40/41 | - | €2,603 | +€2,603 | |
| Trade receivables | 40 | - | €2,603 | +€2,603 | |
| Cash at bank and in hand | 54/58 | €39,893 | €36,844 | -€3,049 | -7.6% |
| Deferred charges and accrued income | 490/1 | €1,847 | €2,704 | +€857 | +46.4% |
| Total equity and liabilities | 10/49 | €817,555 | €780,223 | -€37,332 | -4.6% |
| Equity | 10/15 | €330,682 | €318,268 | -€12,414 | -3.8% |
| Contributions | 10/11 | €352,000 | €352,000 | = | 0.0% |
| Capital | 10 | €352,000 | €352,000 | = | 0.0% |
| Issued capital | 100 | €352,000 | €352,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,318 | -€33,732 | -€12,414 | -58.2% |
| Amounts payable | 17/49 | €486,873 | €461,955 | -€24,918 | -5.1% |
| Amounts payable after more than one year | 17 | €384,324 | €358,431 | -€25,893 | -6.7% |
| Financial debts | 170/4 | €384,324 | €358,431 | -€25,893 | -6.7% |
| Amounts payable within one year | 42/48 | €98,707 | €98,477 | -€230 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €25,503 | €25,870 | +€367 | +1.4% |
| Trade debts | 44 | €7 | €1,092 | +€1,085 | +15500.0% |
| Suppliers | 440/4 | €7 | €1,092 | +€1,085 | +15500.0% |
| Taxes, remuneration and social security | 45 | €3,197 | €1,515 | -€1,682 | -52.6% |
| Taxes | 450/3 | €3,197 | €1,515 | -€1,682 | -52.6% |
| Other amounts payable | 47/48 | €70,000 | €70,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,842 | €5,047 | +€1,205 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,809 | €37,743 | -€66 | -0.2% |
| Other operating charges | 640/8 | €4,626 | €2,630 | -€1,996 | -43.1% |
| Gross operating margin | 9900 | €39,915 | €39,082 | -€833 | -2.1% |
| Operating profit (loss) | 9901 | -€2,520 | -€1,291 | +€1,229 | +48.8% |
| Financial charges | 65/66B | €11,948 | €11,123 | -€825 | -6.9% |
| Recurring financial charges | 65 | €11,948 | €11,123 | -€825 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,468 | -€12,414 | +€2,054 | +14.2% |
| Profit (loss) for the period | 9904 | -€14,468 | -€12,414 | +€2,054 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,468 | -€12,414 | +€2,054 | +14.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.