MANOR GATE: 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.
MANOR GATE
Largest movements
- Receivables within one year +€25,751
up €25,751 (+138.9%), from €18,535 to €44,285
of which Trade receivables: +€31,751
- Tangible fixed assets +€7,932
new in 2025: €7,932
- Cash -€6,089
down €6,089 (-53.0%), from €11,497 to €5,409
mainly Receivables within one year (-€25,751) and Investment in fixed assets (net) (-€10,226)
- Deferred charges and accrued income -€2,351
down €2,351 (-94.0%), from €2,500 to €149
- Formation expenses -€1,048
no longer reported in 2025 (was €1,048)
- Profit (loss) carried forward +€14,309
up €14,309 (+60.4%), from €23,671 to €37,980
- Other debts +€8,028
up €8,028 (+32113.1%), from €25 to €8,053
- Trade debts +€1,137
up €1,137 (+117.2%), from €970 to €2,107
- Tax, wage and social debts +€720
up €720 (+4.7%), from €15,335 to €16,055
of which Remuneration and social security: +€1,500
- Gross operating margin -€5,080
down €5,080 (-16.2%), from €31,422 to €26,341
- Depreciation +€2,166
up €2,166 (+184.1%), from €1,177 to €3,343
- Financial charges +€1,702
up €1,702 (+4980.3%), from €34 to €1,736
- Other operating charges +€1,453
up €1,453 (+375.2%), from €387 to €1,841
- Taxes -€1,046
down €1,046 (-17.0%), from €6,159 to €5,113
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 | €40,001 | €64,195 | +€24,194 | +60.5% |
| Formation expenses | 20 | €1,048 | - | -€1,048 | |
| Fixed assets | 21/28 | €5,000 | €12,932 | +€7,932 | +158.6% |
| Tangible fixed assets | 22/27 | - | €7,932 | +€7,932 | |
| Furniture and vehicles | 24 | - | €7,932 | +€7,932 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €33,952 | €51,263 | +€17,311 | +51.0% |
| Stocks and contracts in progress | 3 | €1,420 | €1,420 | = | 0.0% |
| Stocks | 30/36 | €1,420 | €1,420 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,535 | €44,285 | +€25,751 | +138.9% |
| Trade receivables | 40 | €12,535 | €44,285 | +€31,751 | +253.3% |
| Other amounts receivable | 41 | €6,000 | - | -€6,000 | |
| Cash at bank and in hand | 54/58 | €11,497 | €5,409 | -€6,089 | -53.0% |
| Deferred charges and accrued income | 490/1 | €2,500 | €149 | -€2,351 | -94.0% |
| Total equity and liabilities | 10/49 | €40,001 | €64,195 | +€24,194 | +60.5% |
| Equity | 10/15 | €23,671 | €37,980 | +€14,309 | +60.4% |
| Profit (loss) carried forward | 14 | €23,671 | €37,980 | +€14,309 | +60.4% |
| Amounts payable | 17/49 | €16,330 | €26,215 | +€9,885 | +60.5% |
| Amounts payable within one year | 42/48 | €16,330 | €26,215 | +€9,885 | +60.5% |
| Trade debts | 44 | €970 | €2,107 | +€1,137 | +117.2% |
| Suppliers | 440/4 | €970 | €2,107 | +€1,137 | +117.2% |
| Taxes, remuneration and social security | 45 | €15,335 | €16,055 | +€720 | +4.7% |
| Taxes | 450/3 | €15,335 | €14,555 | -€780 | -5.1% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €25 | €8,053 | +€8,028 | +32113.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,177 | €3,343 | +€2,166 | +184.1% |
| Other operating charges | 640/8 | €387 | €1,841 | +€1,453 | +375.2% |
| Gross operating margin | 9900 | €31,422 | €26,341 | -€5,080 | -16.2% |
| Operating profit (loss) | 9901 | €29,858 | €21,158 | -€8,700 | -29.1% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €34 | €1,736 | +€1,702 | +4980.3% |
| Recurring financial charges | 65 | €34 | €1,736 | +€1,702 | +4980.3% |
| Profit (loss) for the period before taxes | 9903 | €29,829 | €19,422 | -€10,408 | -34.9% |
| Income taxes | 67/77 | €6,159 | €5,113 | -€1,046 | -17.0% |
| Profit (loss) for the period | 9904 | €23,671 | €14,309 | -€9,362 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,671 | €14,309 | -€9,362 | -39.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.