Manon Cop: 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.
Manon Cop
Largest movements
- Tangible fixed assets -€6,997
down €6,997 (-68.1%), from €10,275 to €3,278
- Receivables within one year +€1,874
up €1,874 (+21.6%), from €8,657 to €10,531
of which Trade receivables: +€2,024
- Cash -€882
down €882 (-21.7%), from €4,065 to €3,183
mainly Other debts (-€4,391) and Receivables within one year (-€1,874)
- Other debts -€4,391
down €4,391 (-23.3%), from €18,851 to €14,460
- Profit (loss) carried forward -€1,741
down €1,741 (-28.6%), from -€6,093 to -€7,835
- Gross operating margin +€4,860
up €4,860 (+153.2%), from €3,172 to €8,032
- Taxes +€848
up €848 (+111.0%), from €764 to €1,612
- Other operating charges -€394
down €394 (-28.0%), from €1,409 to €1,014
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.
Cash bridge derived
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 | €23,356 | €17,343 | -€6,013 | -25.7% |
| Fixed assets | 21/28 | €10,275 | €3,278 | -€6,997 | -68.1% |
| Tangible fixed assets | 22/27 | €10,275 | €3,278 | -€6,997 | -68.1% |
| Furniture and vehicles | 24 | €10,275 | €3,278 | -€6,997 | -68.1% |
| Current assets | 29/58 | €13,081 | €14,065 | +€983 | +7.5% |
| Amounts receivable within one year | 40/41 | €8,657 | €10,531 | +€1,874 | +21.6% |
| Trade receivables | 40 | €8,507 | €10,531 | +€2,024 | +23.8% |
| Other amounts receivable | 41 | €150 | €0 | -€150 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,065 | €3,183 | -€882 | -21.7% |
| Deferred charges and accrued income | 490/1 | €360 | €351 | -€9 | -2.5% |
| Total equity and liabilities | 10/49 | €23,356 | €17,343 | -€6,013 | -25.7% |
| Equity | 10/15 | -€2,223 | -€3,964 | -€1,741 | -78.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €871 | €871 | = | 0.0% |
| Distributable reserves | 133 | €871 | €871 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,093 | -€7,835 | -€1,741 | -28.6% |
| Amounts payable | 17/49 | €25,579 | €21,307 | -€4,272 | -16.7% |
| Amounts payable within one year | 42/48 | €25,579 | €21,307 | -€4,272 | -16.7% |
| Trade debts | 44 | €60 | €0 | -€60 | -100.0% |
| Suppliers | 440/4 | €60 | €0 | -€60 | -100.0% |
| Taxes, remuneration and social security | 45 | €6,668 | €6,847 | +€179 | +2.7% |
| Taxes | 450/3 | €6,668 | €6,847 | +€179 | +2.7% |
| Other amounts payable | 47/48 | €18,851 | €14,460 | -€4,391 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,997 | €6,997 | = | 0.0% |
| Other operating charges | 640/8 | €1,409 | €1,014 | -€394 | -28.0% |
| Gross operating margin | 9900 | €3,172 | €8,032 | +€4,860 | +153.2% |
| Operating profit (loss) | 9901 | -€5,233 | €21 | +€5,254 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €96 | €150 | +€54 | +56.0% |
| Recurring financial charges | 65 | €96 | €150 | +€54 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,329 | -€129 | +€5,200 | +97.6% |
| Income taxes | 67/77 | €764 | €1,612 | +€848 | +111.0% |
| Profit (loss) for the period | 9904 | -€6,093 | -€1,741 | +€4,352 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,093 | -€1,741 | +€4,352 | +71.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.