MANTA: what changed
Two fiscal 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.
MANTA
Largest movements
- Tangible fixed assets -€6,965
down €6,965 (-50.0%), from €13,929 to €6,965
- Cash +€1,598
up €1,598 (+782.7%), from €204 to €1,802
mainly Depreciation (+€6,965) and Net result for the year (+€1,935)
- Receivables within one year +€1,059
up €1,059 (+4.1%), from €25,650 to €26,708
- Debts after one year -€6,350
no longer reported in 2025 (was €6,350)
- Profit (loss) carried forward +€1,935
up €1,935 (+14.1%), from €13,687 to €15,622
- Trade debts +€966
up €966 (+42.8%), from €2,257 to €3,223
- Current portion of long-term debt -€859
down €859 (-8.4%), from €10,260 to €9,401
- Gross operating margin +€5,076
up €5,076 (+134.2%), from €3,782 to €8,858
- Other operating charges +€590
up €590 (+92.4%), from €638 to €1,229
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.
Cash bridge derived
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 | €39,783 | €35,475 | -€4,308 | -10.8% |
| Fixed assets | 21/28 | €13,929 | €6,965 | -€6,965 | -50.0% |
| Tangible fixed assets | 22/27 | €13,929 | €6,965 | -€6,965 | -50.0% |
| Furniture and vehicles | 24 | €13,929 | €6,965 | -€6,965 | -50.0% |
| Current assets | 29/58 | €25,854 | €28,511 | +€2,657 | +10.3% |
| Amounts receivable within one year | 40/41 | €25,650 | €26,708 | +€1,059 | +4.1% |
| Other amounts receivable | 41 | €25,650 | €26,708 | +€1,059 | +4.1% |
| Cash at bank and in hand | 54/58 | €204 | €1,802 | +€1,598 | +782.7% |
| Total equity and liabilities | 10/49 | €39,783 | €35,475 | -€4,308 | -10.8% |
| Equity | 10/15 | €20,279 | €22,215 | +€1,935 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €393 | €393 | = | 0.0% |
| Non-distributable reserves | 130/1 | €393 | €393 | = | 0.0% |
| Reserves not available under the articles | 1311 | €393 | €393 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,687 | €15,622 | +€1,935 | +14.1% |
| Amounts payable | 17/49 | €19,504 | €13,260 | -€6,243 | -32.0% |
| Amounts payable after more than one year | 17 | €6,350 | - | -€6,350 | |
| Financial debts | 170/4 | €6,350 | - | -€6,350 | |
| Amounts payable within one year | 42/48 | €13,154 | €13,260 | +€107 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €10,260 | €9,401 | -€859 | -8.4% |
| Trade debts | 44 | €2,257 | €3,223 | +€966 | +42.8% |
| Suppliers | 440/4 | €2,257 | €3,223 | +€966 | +42.8% |
| Taxes, remuneration and social security | 45 | €636 | €636 | = | 0.0% |
| Taxes | 450/3 | €636 | €636 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,965 | €6,965 | = | 0.0% |
| Other operating charges | 640/8 | €638 | €1,229 | +€590 | +92.4% |
| Gross operating margin | 9900 | €3,782 | €8,858 | +€5,076 | +134.2% |
| Operating profit (loss) | 9901 | -€3,821 | €665 | +€4,486 | |
| Financial income | 75/76B | €1,422 | €1,352 | -€71 | -5.0% |
| Recurring financial income | 75 | €1,422 | €1,352 | -€71 | -5.0% |
| Financial charges | 65/66B | €67 | €81 | +€14 | +21.6% |
| Recurring financial charges | 65 | €67 | €81 | +€14 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,465 | €1,935 | +€4,401 | |
| Profit (loss) for the period | 9904 | -€2,465 | €1,935 | +€4,401 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,465 | €1,935 | +€4,401 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.