MANOS ARRIBA: 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.
MANOS ARRIBA
Largest movements
- Receivables within one year -€13,845
down €13,845 (-43.0%), from €32,235 to €18,390
of which Trade receivables: -€20,795
- Deferred charges and accrued income +€9,893
up €9,893 (+1,732%), from €571 to €10,465
- Cash +€9,024
up €9,024 (+5.7%), from €158,290 to €167,314
mainly Receivables within one year (+€13,845) and Trade debts (+€12,119)
- Tangible fixed assets -€5,428
down €5,428 (-45.9%), from €11,812 to €6,385
of which Furniture and vehicles: -€3,965
- Profit (loss) carried forward -€12,327
new in 2026: -€12,327
- Trade debts +€12,119
up €12,119 (+1,927%), from €629 to €12,748
- Other debts +€4,489
up €4,489 (+4,167%), from €108 to €4,596
- Tax, wage and social debts -€3,961
down €3,961 (-41.5%), from €9,552 to €5,591
- Gross operating margin -€54,034
down €54,034, from €48,547 to -€5,487
- Taxes -€11,767
down €11,767 (-97.4%), from €12,077 to €310
- Depreciation -€763
down €763 (-12.3%), from €6,191 to €5,428
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.
Derived cash bridge
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 | €202,908 | €202,553 | -€356 | -0.2% |
| Fixed assets | 21/28 | €11,812 | €6,385 | -€5,428 | -45.9% |
| Tangible fixed assets | 22/27 | €11,812 | €6,385 | -€5,428 | -45.9% |
| Plant, machinery and equipment | 23 | €2,317 | €1,296 | -€1,021 | -44.1% |
| Furniture and vehicles | 24 | €6,406 | €2,441 | -€3,965 | -61.9% |
| Leasing and similar rights | 25 | €3,089 | €2,648 | -€441 | -14.3% |
| Current assets | 29/58 | €191,096 | €196,168 | +€5,072 | +2.7% |
| Amounts receivable within one year | 40/41 | €32,235 | €18,390 | -€13,845 | -43.0% |
| Trade receivables | 40 | €32,235 | €11,440 | -€20,795 | -64.5% |
| Other amounts receivable | 41 | - | €6,950 | +€6,950 | |
| Cash at bank and in hand | 54/58 | €158,290 | €167,314 | +€9,024 | +5.7% |
| Deferred charges and accrued income | 490/1 | €571 | €10,465 | +€9,893 | +1,732% |
| Total equity and liabilities | 10/49 | €202,908 | €202,553 | -€356 | -0.2% |
| Equity | 10/15 | €191,944 | €179,617 | -€12,327 | -6.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €191,943 | €191,943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €190,083 | €190,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,327 | -€12,327 | |
| Amounts payable | 17/49 | €10,964 | €22,935 | +€11,971 | +109% |
| Amounts payable within one year | 42/48 | €10,964 | €22,935 | +€11,971 | +109% |
| Current portion of amounts payable after more than one year | 42 | €675 | - | -€675 | |
| Trade debts | 44 | €629 | €12,748 | +€12,119 | +1,927% |
| Suppliers | 440/4 | €629 | €12,748 | +€12,119 | +1,927% |
| Taxes, remuneration and social security | 45 | €9,552 | €5,591 | -€3,961 | -41.5% |
| Taxes | 450/3 | €9,552 | €5,591 | -€3,961 | -41.5% |
| Other amounts payable | 47/48 | €108 | €4,596 | +€4,489 | +4,167% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,191 | €5,428 | -€763 | -12.3% |
| Other operating charges | 640/8 | €541 | €774 | +€233 | +43.0% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €48,547 | -€5,487 | -€54,034 | |
| Operating profit (loss) | 9901 | €41,815 | -€11,689 | -€53,503 | |
| Financial income | 75/76B | €938 | €868 | -€70 | -7.5% |
| Recurring financial income | 75 | €938 | €868 | -€70 | -7.5% |
| Financial charges | 65/66B | €1,592 | €1,196 | -€396 | -24.9% |
| Recurring financial charges | 65 | €1,592 | €1,196 | -€396 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €41,161 | -€12,017 | -€53,178 | |
| Income taxes | 67/77 | €12,077 | €310 | -€11,767 | -97.4% |
| Profit (loss) for the period | 9904 | €29,084 | -€12,327 | -€41,411 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,084 | -€12,327 | -€41,411 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.