MANSSENS: 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.
MANSSENS
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Cash +€97,622
up €97,622 (+65.0%), from €150,200 to €247,821
mainly Current investments (+€100,000) and Receivables within one year (+€24,864)
- Receivables within one year -€24,864
down €24,864 (-57.5%), from €43,237 to €18,373
of which Other amounts receivable: -€24,489
- Trade debts -€22,732
down €22,732 (-82.3%), from €27,635 to €4,903
- Reserves -€18,673
down €18,673 (-7.2%), from €259,105 to €240,432
of which Tax-exempt reserves: -€49,250
- Tax, wage and social debts +€14,573
up €14,573 (+6,168%), from €236 to €14,809
- Taxes +€14,420
up €14,420 (+5,144%), from €280 to €14,700
- Gross operating margin -€3,496
down €3,496 (-98.6%), from -€3,545 to -€7,042
- Financial income +€2,843
up €2,843 (+304%), from €934 to €3,777
- Other operating charges -€516
down €516 (-40.4%), from €1,275 to €760
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 | €305,936 | €278,695 | -€27,242 | -8.9% |
| Current assets | 29/58 | €305,936 | €278,695 | -€27,242 | -8.9% |
| Amounts receivable after more than one year | 29 | €12,500 | €12,500 | = | 0.0% |
| Other amounts receivable | 291 | €12,500 | €12,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,237 | €18,373 | -€24,864 | -57.5% |
| Trade receivables | 40 | €3,237 | €2,862 | -€375 | -11.6% |
| Other amounts receivable | 41 | €40,000 | €15,512 | -€24,489 | -61.2% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €150,200 | €247,821 | +€97,622 | +65.0% |
| Total equity and liabilities | 10/49 | €305,936 | €278,695 | -€27,242 | -8.9% |
| Equity | 10/15 | €277,769 | €258,982 | -€18,787 | -6.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €259,105 | €240,432 | -€18,673 | -7.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,250 | €0 | -€49,250 | -100% |
| Distributable reserves | 133 | €208,000 | €238,577 | +€30,577 | +14.7% |
| Profit (loss) carried forward | 14 | €114 | €0 | -€114 | -100% |
| Amounts payable | 17/49 | €28,167 | €19,712 | -€8,455 | -30.0% |
| Amounts payable within one year | 42/48 | €28,167 | €19,712 | -€8,455 | -30.0% |
| Trade debts | 44 | €27,635 | €4,903 | -€22,732 | -82.3% |
| Suppliers | 440/4 | €27,635 | €4,903 | -€22,732 | -82.3% |
| Taxes, remuneration and social security | 45 | €236 | €14,809 | +€14,573 | +6,168% |
| Taxes | 450/3 | €236 | €14,809 | +€14,573 | +6,168% |
| Other amounts payable | 47/48 | €296 | €0 | -€296 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €1,275 | €760 | -€516 | -40.4% |
| Gross operating margin | 9900 | -€3,545 | -€7,042 | -€3,496 | -98.6% |
| Operating profit (loss) | 9901 | -€4,820 | -€7,801 | -€2,981 | -61.8% |
| Financial income | 75/76B | €934 | €3,777 | +€2,843 | +304% |
| Recurring financial income | 75 | €934 | €3,777 | +€2,843 | +304% |
| Financial charges | 65/66B | €49 | €63 | +€15 | +30.6% |
| Recurring financial charges | 65 | €49 | €63 | +€15 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,934 | -€4,087 | -€153 | -3.9% |
| Income taxes | 67/77 | €280 | €14,700 | +€14,420 | +5,144% |
| Profit (loss) for the period | 9904 | -€4,215 | -€18,787 | -€14,572 | -346% |
| Transfer from tax-exempt reserves | 789 | - | €49,250 | +€49,250 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,215 | €30,463 | +€34,678 |
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 13 October 2026 via checked.be.