MANOU & CO: 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.
MANOU & CO
Largest movements
- Tangible fixed assets +€22,500
new in 2025: €22,500
- Stocks and contracts +€2,150
up €2,150 (+34.1%), from €6,302 to €8,452
- Cash -€1,638
down €1,638 (-55.9%), from €2,932 to €1,294
mainly Investment in fixed assets (net) (-€25,000) and Net result for the year (-€4,839)
- Other debts +€28,000
up €28,000 (+676%), from €4,140 to €32,140
- Profit (loss) carried forward -€4,839
down €4,839 (-37.4%), from -€12,923 to -€17,762
- Depreciation +€2,500
new in 2025: €2,500
- Financial income -€1,240
no longer reported in 2025 (was €1,240)
of which Financial income: -€1,240
- Other operating charges +€759
up €759 (+152%), from €500 to €1,259
- Staff costs +€685
new in 2025: €685
- Gross operating margin +€566
up €566, from -€473 to €93
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 | €12,334 | €35,476 | +€23,142 | +188% |
| Fixed assets | 21/28 | €3,100 | €25,600 | +€22,500 | +726% |
| Tangible fixed assets | 22/27 | - | €22,500 | +€22,500 | |
| Other tangible fixed assets | 26 | - | €22,500 | +€22,500 | |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €9,234 | €9,876 | +€642 | +7.0% |
| Stocks and contracts in progress | 3 | €6,302 | €8,452 | +€2,150 | +34.1% |
| Stocks | 30/36 | €6,302 | €8,452 | +€2,150 | +34.1% |
| Amounts receivable within one year | 40/41 | - | €130 | +€130 | |
| Trade receivables | 40 | - | €130 | +€130 | |
| Cash at bank and in hand | 54/58 | €2,932 | €1,294 | -€1,638 | -55.9% |
| Total equity and liabilities | 10/49 | €12,334 | €35,476 | +€23,142 | +188% |
| Equity | 10/15 | €5,677 | €838 | -€4,839 | -85.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,923 | -€17,762 | -€4,839 | -37.4% |
| Amounts payable | 17/49 | €6,657 | €34,638 | +€27,981 | +420% |
| Amounts payable within one year | 42/48 | €6,657 | €34,638 | +€27,981 | +420% |
| Trade debts | 44 | €1,332 | €1,308 | -€24 | -1.8% |
| Suppliers | 440/4 | €1,332 | €1,308 | -€24 | -1.8% |
| Taxes, remuneration and social security | 45 | €1,185 | €1,190 | +€5 | +0.4% |
| Taxes | 450/3 | €1,185 | €1,190 | +€5 | +0.4% |
| Other amounts payable | 47/48 | €4,140 | €32,140 | +€28,000 | +676% |
| Remuneration, social security and pensions | 62 | - | €685 | +€685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,500 | +€2,500 | |
| Other operating charges | 640/8 | €500 | €1,259 | +€759 | +152% |
| Gross operating margin | 9900 | -€473 | €93 | +€566 | |
| Operating profit (loss) | 9901 | -€973 | -€4,351 | -€3,378 | -347% |
| Financial income | 75/76B | €1,240 | - | -€1,240 | |
| Recurring financial income | 75 | €1,240 | - | -€1,240 | |
| Non-recurring financial income | 76B | €1,240 | - | -€1,240 | |
| Financial charges | 65/66B | €112 | €45 | -€67 | -59.8% |
| Recurring financial charges | 65 | €112 | €45 | -€67 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | €155 | -€4,396 | -€4,551 | |
| Income taxes | 67/77 | - | €443 | +€443 | |
| Profit (loss) for the period | 9904 | €155 | -€4,839 | -€4,994 | |
| Profit (loss) for the period to be appropriated | 9905 | €155 | -€4,839 | -€4,994 |
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 20 October 2026 via checked.be.