MANSBORRE: 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.
MANSBORRE
Largest movements
- Tangible fixed assets -€18,115
down €18,115 (-2.9%), from €630,463 to €612,348
- Profit (loss) carried forward -€50,742
down €50,742 (-7.0%), from -€721,300 to -€772,042
- Other debts +€48,000
up €48,000 (+11.2%), from €428,680 to €476,680
- Debts after one year -€29,214
down €29,214 (-12.8%), from €228,706 to €199,492
- Accrued charges and deferred income +€11,321
up €11,321 (+19.8%), from €57,101 to €68,421
- Financial charges -€27,891
down €27,891 (-39.4%), from €70,858 to €42,967
- Gross operating margin +€5,850
up €5,850 (+84.5%), from €6,926 to €12,777
- Other operating charges -€3,627
down €3,627 (-59.8%), from €6,063 to €2,436
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 | €630,463 | €614,101 | -€16,362 | -2.6% |
| Fixed assets | 21/28 | €630,463 | €612,348 | -€18,115 | -2.9% |
| Tangible fixed assets | 22/27 | €630,463 | €612,348 | -€18,115 | -2.9% |
| Land and buildings | 22 | €630,463 | €612,348 | -€18,115 | -2.9% |
| Current assets | 29/58 | - | €1,753 | +€1,753 | |
| Cash at bank and in hand | 54/58 | - | €1,753 | +€1,753 | |
| Total equity and liabilities | 10/49 | €630,463 | €614,101 | -€16,362 | -2.6% |
| Equity | 10/15 | -€659,300 | -€710,042 | -€50,742 | -7.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€721,300 | -€772,042 | -€50,742 | -7.0% |
| Amounts payable | 17/49 | €1,289,763 | €1,324,142 | +€34,380 | +2.7% |
| Amounts payable after more than one year | 17 | €228,706 | €199,492 | -€29,214 | -12.8% |
| Financial debts | 170/4 | €228,706 | €199,492 | -€29,214 | -12.8% |
| Amounts payable within one year | 42/48 | €1,003,956 | €1,056,229 | +€52,273 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €25,825 | €28,226 | +€2,401 | +9.3% |
| Financial debts | 43 | €548,194 | €550,000 | +€1,806 | +0.3% |
| Credit institutions | 430/8 | €548,194 | €550,000 | +€1,806 | +0.3% |
| Trade debts | 44 | €1,257 | €1,323 | +€66 | +5.2% |
| Suppliers | 440/4 | €1,257 | €1,323 | +€66 | +5.2% |
| Other amounts payable | 47/48 | €428,680 | €476,680 | +€48,000 | +11.2% |
| Accrued charges and deferred income | 492/3 | €57,101 | €68,421 | +€11,321 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,115 | €18,115 | = | 0.0% |
| Other operating charges | 640/8 | €6,063 | €2,436 | -€3,627 | -59.8% |
| Gross operating margin | 9900 | €6,926 | €12,777 | +€5,850 | +84.5% |
| Operating profit (loss) | 9901 | -€17,252 | -€7,775 | +€9,477 | +54.9% |
| Financial charges | 65/66B | €70,858 | €42,967 | -€27,891 | -39.4% |
| Recurring financial charges | 65 | €70,858 | €42,967 | -€27,891 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | -€88,110 | -€50,742 | +€37,368 | +42.4% |
| Profit (loss) for the period | 9904 | -€88,110 | -€50,742 | +€37,368 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,110 | -€50,742 | +€37,368 | +42.4% |
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 21 October 2026 via checked.be.