MANSOURCE BELGIUM: 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.
MANSOURCE BELGIUM
Largest movements
- Receivables within one year +€61,011
up €61,011 (+101%), from €60,275 to €121,285
of which Other amounts receivable: +€40,412
- Cash -€15,229
down €15,229 (-64.8%), from €23,510 to €8,281
mainly Receivables within one year (-€61,011) and Deferred charges and accrued income (-€422)
- Trade debts +€22,057
up €22,057 (+57.0%), from €38,664 to €60,721
- Reserves +€13,879
up €13,879 (+40.2%), from €34,548 to €48,427
- Tax, wage and social debts +€10,567
up €10,567 (+211%), from €5,016 to €15,583
of which Remuneration and social security: +€8,831
- Gross operating margin +€146,774
up €146,774 (+1,279%), from €11,474 to €158,248
- Staff costs +€124,254
up €124,254 (+730%), from €17,029 to €141,283
- Taxes +€1,736
new in 2025: €1,736
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 | €84,428 | €130,932 | +€46,504 | +55.1% |
| Fixed assets | 21/28 | - | €300 | +€300 | |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €84,428 | €130,632 | +€46,204 | +54.7% |
| Amounts receivable within one year | 40/41 | €60,275 | €121,285 | +€61,011 | +101% |
| Trade receivables | 40 | €57,395 | €77,994 | +€20,599 | +35.9% |
| Other amounts receivable | 41 | €2,880 | €43,292 | +€40,412 | +1,403% |
| Cash at bank and in hand | 54/58 | €23,510 | €8,281 | -€15,229 | -64.8% |
| Deferred charges and accrued income | 490/1 | €644 | €1,066 | +€422 | +65.6% |
| Total equity and liabilities | 10/49 | €84,428 | €130,932 | +€46,504 | +55.1% |
| Equity | 10/15 | €40,748 | €54,627 | +€13,879 | +34.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,548 | €48,427 | +€13,879 | +40.2% |
| Distributable reserves | 133 | €34,548 | €48,427 | +€13,879 | +40.2% |
| Amounts payable | 17/49 | €43,680 | €76,304 | +€32,624 | +74.7% |
| Amounts payable within one year | 42/48 | €43,680 | €76,304 | +€32,624 | +74.7% |
| Trade debts | 44 | €38,664 | €60,721 | +€22,057 | +57.0% |
| Suppliers | 440/4 | €38,664 | €60,721 | +€22,057 | +57.0% |
| Taxes, remuneration and social security | 45 | €5,016 | €15,583 | +€10,567 | +211% |
| Taxes | 450/3 | €0 | €1,736 | +€1,736 | |
| Remuneration and social security | 454/9 | €5,016 | €13,847 | +€8,831 | +176% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €17,029 | €141,283 | +€124,254 | +730% |
| Other operating charges | 640/8 | €1,294 | €754 | -€540 | -41.7% |
| Gross operating margin | 9900 | €11,474 | €158,248 | +€146,774 | +1,279% |
| Operating profit (loss) | 9901 | -€6,848 | €16,211 | +€23,060 | |
| Financial charges | 65/66B | €160 | €596 | +€437 | +274% |
| Recurring financial charges | 65 | €160 | €596 | +€437 | +274% |
| Profit (loss) for the period before taxes | 9903 | -€7,008 | €15,615 | +€22,623 | |
| Income taxes | 67/77 | - | €1,736 | +€1,736 | |
| Profit (loss) for the period | 9904 | -€7,008 | €13,879 | +€20,887 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,008 | €13,879 | +€20,887 |
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 14 October 2026 via checked.be.