MANSIA: 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.
MANSIA
Largest movements
- Tangible fixed assets -€75,965
down €75,965 (-11.0%), from €693,008 to €617,043
of which Land and buildings: -€57,644
- Receivables after one year -€11,849
down €11,849 (-32.0%), from €36,989 to €25,139
- Receivables within one year +€11,550
up €11,550 (+13.1%), from €88,463 to €100,013
of which Other amounts receivable: +€34,660
- Debts after one year -€56,421
down €56,421 (-12.0%), from €471,213 to €414,792
- Other debts -€32,918
down €32,918 (-22.0%), from €149,747 to €116,829
- Profit (loss) carried forward +€22,795
up €22,795 (+75.2%), from €30,330 to €53,125
- Tax, wage and social debts -€11,425
down €11,425 (-53.6%), from €21,297 to €9,872
- Gross operating margin -€21,533
down €21,533 (-16.0%), from €134,604 to €113,071
- Depreciation -€13,110
down €13,110 (-17.1%), from €76,664 to €63,554
- Taxes -€7,935
down €7,935 (-49.9%), from €15,910 to €7,975
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 | €833,079 | €757,608 | -€75,471 | -9.1% |
| Fixed assets | 21/28 | €693,008 | €617,043 | -€75,965 | -11.0% |
| Tangible fixed assets | 22/27 | €693,008 | €617,043 | -€75,965 | -11.0% |
| Land and buildings | 22 | €672,669 | €615,025 | -€57,644 | -8.6% |
| Plant, machinery and equipment | 23 | €1,052 | €2,019 | +€967 | +91.9% |
| Furniture and vehicles | 24 | €19,287 | €0 | -€19,287 | -100% |
| Current assets | 29/58 | €140,071 | €140,564 | +€494 | +0.4% |
| Amounts receivable after more than one year | 29 | €36,989 | €25,139 | -€11,849 | -32.0% |
| Other amounts receivable | 291 | €36,989 | €25,139 | -€11,849 | -32.0% |
| Amounts receivable within one year | 40/41 | €88,463 | €100,013 | +€11,550 | +13.1% |
| Trade receivables | 40 | €65,334 | €42,224 | -€23,110 | -35.4% |
| Other amounts receivable | 41 | €23,129 | €57,789 | +€34,660 | +150% |
| Cash at bank and in hand | 54/58 | €12,856 | €11,142 | -€1,714 | -13.3% |
| Deferred charges and accrued income | 490/1 | €1,763 | €4,271 | +€2,508 | +142% |
| Total equity and liabilities | 10/49 | €833,079 | €757,608 | -€75,471 | -9.1% |
| Equity | 10/15 | €134,962 | €157,757 | +€22,795 | +16.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €84,632 | €84,632 | = | 0.0% |
| Distributable reserves | 133 | €84,632 | €84,632 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,330 | €53,125 | +€22,795 | +75.2% |
| Amounts payable | 17/49 | €698,116 | €599,851 | -€98,265 | -14.1% |
| Amounts payable after more than one year | 17 | €471,213 | €414,792 | -€56,421 | -12.0% |
| Financial debts | 170/4 | €471,213 | €414,792 | -€56,421 | -12.0% |
| Amounts payable within one year | 42/48 | €226,903 | €185,059 | -€41,844 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €55,703 | €56,421 | +€718 | +1.3% |
| Trade debts | 44 | €157 | €1,937 | +€1,780 | +1,137% |
| Suppliers | 440/4 | €157 | €1,937 | +€1,780 | +1,137% |
| Taxes, remuneration and social security | 45 | €21,297 | €9,872 | -€11,425 | -53.6% |
| Taxes | 450/3 | €21,297 | €9,872 | -€11,425 | -53.6% |
| Other amounts payable | 47/48 | €149,747 | €116,829 | -€32,918 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,664 | €63,554 | -€13,110 | -17.1% |
| Other operating charges | 640/8 | €4,599 | €5,331 | +€732 | +15.9% |
| Non-recurring operating charges | 66A | - | €9,700 | +€9,700 | |
| Gross operating margin | 9900 | €134,604 | €113,071 | -€21,533 | -16.0% |
| Operating profit (loss) | 9901 | €53,342 | €34,487 | -€18,855 | -35.3% |
| Financial income | 75/76B | €3,612 | €3,030 | -€582 | -16.1% |
| Recurring financial income | 75 | €3,612 | €3,030 | -€582 | -16.1% |
| Financial charges | 65/66B | €7,428 | €6,747 | -€682 | -9.2% |
| Recurring financial charges | 65 | €7,428 | €6,747 | -€682 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €49,525 | €30,769 | -€18,756 | -37.9% |
| Income taxes | 67/77 | €15,910 | €7,975 | -€7,935 | -49.9% |
| Profit (loss) for the period | 9904 | €33,615 | €22,795 | -€10,820 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,615 | €22,795 | -€10,820 | -32.2% |
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 15 October 2026 via checked.be.