MANOSA: 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.
MANOSA
Largest movements
- Cash +€43,459
up €43,459 (+21.4%), from €202,629 to €246,088
mainly Other debts (+€197,432) and Net result for the year (+€64,309)
- Other debts +€197,432
up €197,432 (+1,891%), from €10,441 to €207,873
- Profit (loss) carried forward -€174,191
down €174,191 (-99.8%), from €174,615 to €424
- Tax, wage and social debts +€20,181
up €20,181 (+79.6%), from €25,348 to €45,529
- Taxes +€4,470
up €4,470 (+23.3%), from €19,206 to €23,676
- Gross operating margin -€2,451
down €2,451 (-2.7%), from €91,048 to €88,597
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 | €215,404 | €258,826 | +€43,422 | +20.2% |
| Current assets | 29/58 | €215,404 | €258,826 | +€43,422 | +20.2% |
| Amounts receivable within one year | 40/41 | €12,775 | €12,738 | -€37 | -0.3% |
| Trade receivables | 40 | €12,775 | €12,738 | -€37 | -0.3% |
| Cash at bank and in hand | 54/58 | €202,629 | €246,088 | +€43,459 | +21.4% |
| Total equity and liabilities | 10/49 | €215,404 | €258,826 | +€43,422 | +20.2% |
| Equity | 10/15 | €179,615 | €5,424 | -€174,191 | -97.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,615 | €424 | -€174,191 | -99.8% |
| Amounts payable | 17/49 | €35,789 | €253,402 | +€217,613 | +608% |
| Amounts payable within one year | 42/48 | €35,789 | €253,402 | +€217,613 | +608% |
| Taxes, remuneration and social security | 45 | €25,348 | €45,529 | +€20,181 | +79.6% |
| Taxes | 450/3 | €25,348 | €45,529 | +€20,181 | +79.6% |
| Other amounts payable | 47/48 | €10,441 | €207,873 | +€197,432 | +1,891% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €91,048 | €88,597 | -€2,451 | -2.7% |
| Operating profit (loss) | 9901 | €90,661 | €88,198 | -€2,463 | -2.7% |
| Financial charges | 65/66B | €311 | €212 | -€99 | -31.8% |
| Recurring financial charges | 65 | €311 | €212 | -€99 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €90,349 | €87,985 | -€2,364 | -2.6% |
| Income taxes | 67/77 | €19,206 | €23,676 | +€4,470 | +23.3% |
| Profit (loss) for the period | 9904 | €71,143 | €64,309 | -€6,834 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €71,143 | €64,309 | -€6,834 | -9.6% |
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 16 October 2026 via checked.be.