MANOTechnic: 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.
MANOTechnic
Largest movements
- Cash -€21,096
down €21,096 (-34.0%), from €62,096 to €41,001
mainly Investment in fixed assets (net) (-€42,909) and Trade debts (-€24,878)
- Tangible fixed assets +€12,973
up €12,973 (+33.3%), from €38,904 to €51,877
of which Plant, machinery and equipment: +€20,033
- Receivables within one year +€10,316
up €10,316 (+155.4%), from €6,638 to €16,954
of which Trade receivables: +€6,536
- Stocks and contracts +€5,150
up €5,150 (+25.9%), from €19,850 to €25,000
- Reserves +€46,534
up €46,534 (+61.1%), from €76,153 to €122,687
- Trade debts -€24,878
down €24,878 (-98.8%), from €25,174 to €297
- Current portion of long-term debt -€10,972
no longer reported in 2025 (was €10,972)
- Tax, wage and social debts -€7,754
down €7,754 (-71.9%), from €10,786 to €3,032
of which Taxes: -€7,707
- Short-term financial debts +€5,080
new in 2025: €5,080
- Gross operating margin +€29,685
up €29,685 (+46.7%), from €63,510 to €93,195
- Depreciation +€10,535
up €10,535 (+54.3%), from €19,402 to €29,937
- Taxes +€3,933
up €3,933 (+54.0%), from €7,287 to €11,220
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 | €130,490 | €136,838 | +€6,348 | +4.9% |
| Fixed assets | 21/28 | €38,905 | €51,877 | +€12,972 | +33.3% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -11.8% |
| Tangible fixed assets | 22/27 | €38,904 | €51,877 | +€12,973 | +33.3% |
| Plant, machinery and equipment | 23 | €8,528 | €28,561 | +€20,033 | +234.9% |
| Furniture and vehicles | 24 | €21,818 | €23,316 | +€1,498 | +6.9% |
| Leasing and similar rights | 25 | €8,559 | €0 | -€8,559 | -100.0% |
| Current assets | 29/58 | €91,585 | €84,961 | -€6,624 | -7.2% |
| Stocks and contracts in progress | 3 | €19,850 | €25,000 | +€5,150 | +25.9% |
| Stocks | 30/36 | €19,850 | €25,000 | +€5,150 | +25.9% |
| Amounts receivable within one year | 40/41 | €6,638 | €16,954 | +€10,316 | +155.4% |
| Trade receivables | 40 | €6,638 | €13,174 | +€6,536 | +98.5% |
| Other amounts receivable | 41 | - | €3,780 | +€3,780 | |
| Cash at bank and in hand | 54/58 | €62,096 | €41,001 | -€21,096 | -34.0% |
| Deferred charges and accrued income | 490/1 | €3,000 | €2,005 | -€995 | -33.2% |
| Total equity and liabilities | 10/49 | €130,490 | €136,838 | +€6,348 | +4.9% |
| Equity | 10/15 | €81,153 | €127,687 | +€46,534 | +57.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €76,153 | €122,687 | +€46,534 | +61.1% |
| Distributable reserves | 133 | €76,153 | €122,687 | +€46,534 | +61.1% |
| Amounts payable | 17/49 | €49,337 | €9,151 | -€40,186 | -81.5% |
| Amounts payable within one year | 42/48 | €46,950 | €9,151 | -€37,799 | -80.5% |
| Current portion of amounts payable after more than one year | 42 | €10,972 | - | -€10,972 | |
| Financial debts | 43 | - | €5,080 | +€5,080 | |
| Credit institutions | 430/8 | - | €5,080 | +€5,080 | |
| Trade debts | 44 | €25,174 | €297 | -€24,878 | -98.8% |
| Suppliers | 440/4 | €25,174 | €297 | -€24,878 | -98.8% |
| Taxes, remuneration and social security | 45 | €10,786 | €3,032 | -€7,754 | -71.9% |
| Taxes | 450/3 | €8,550 | €842 | -€7,707 | -90.1% |
| Remuneration and social security | 454/9 | €2,236 | €2,190 | -€46 | -2.1% |
| Other amounts payable | 47/48 | €17 | €742 | +€725 | +4215.1% |
| Accrued charges and deferred income | 492/3 | €2,387 | - | -€2,387 | |
| Non-recurring operating income | 76A | €2,866 | - | -€2,866 | |
| Remuneration, social security and pensions | 62 | €3,053 | €2,618 | -€435 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,402 | €29,937 | +€10,535 | +54.3% |
| Other operating charges | 640/8 | €1,623 | €2,207 | +€585 | +36.0% |
| Non-recurring operating charges | 66A | €2,509 | - | -€2,509 | |
| Gross operating margin | 9900 | €63,510 | €93,195 | +€29,685 | +46.7% |
| Operating profit (loss) | 9901 | €36,922 | €58,432 | +€21,511 | +58.3% |
| Financial income | 75/76B | €164 | €71 | -€92 | -56.4% |
| Recurring financial income | 75 | €164 | €71 | -€92 | -56.4% |
| Financial charges | 65/66B | €272 | €750 | +€479 | +176.2% |
| Recurring financial charges | 65 | €272 | €750 | +€479 | +176.2% |
| Profit (loss) for the period before taxes | 9903 | €36,814 | €57,753 | +€20,940 | +56.9% |
| Income taxes | 67/77 | €7,287 | €11,220 | +€3,933 | +54.0% |
| Profit (loss) for the period | 9904 | €29,526 | €46,534 | +€17,007 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,526 | €46,534 | +€17,007 | +57.6% |
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 1 October 2026 via checked.be.