MANTA CONCEPT: 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.
MANTA CONCEPT
Largest movements
- Tangible fixed assets -€8,858
down €8,858 (-30.7%), from €28,832 to €19,974
- Cash -€4,641
down €4,641 (-50.4%), from €9,208 to €4,567
mainly Tax, wage and social debts (-€6,045) and Debts after one year (-€5,524)
- Receivables within one year -€3,056
down €3,056 (-54.2%), from €5,644 to €2,588
of which Trade receivables: -€2,526
- Tax, wage and social debts -€6,045
down €6,045 (-80.4%), from €7,514 to €1,470
- Debts after one year -€5,524
down €5,524 (-27.5%), from €20,078 to €14,554
- Other debts -€2,877
down €2,877 (-17.4%), from €16,523 to €13,646
- Trade debts -€1,747
down €1,747 (-45.1%), from €3,870 to €2,123
- Profit (loss) carried forward -€748
down €748 (-2.8%), from -€26,748 to -€27,496
- Gross operating margin +€25,845
up €25,845, from -€15,222 to €10,622
- Other operating charges +€517
up €517 (+181.2%), from €285 to €802
- Financial charges -€366
down €366 (-17.6%), from €2,075 to €1,709
- Taxes -€308
no longer reported in 2025 (was €308)
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 | €43,684 | €27,129 | -€16,556 | -37.9% |
| Fixed assets | 21/28 | €28,832 | €19,974 | -€8,858 | -30.7% |
| Tangible fixed assets | 22/27 | €28,832 | €19,974 | -€8,858 | -30.7% |
| Furniture and vehicles | 24 | €28,832 | €19,974 | -€8,858 | -30.7% |
| Current assets | 29/58 | €14,852 | €7,155 | -€7,697 | -51.8% |
| Amounts receivable within one year | 40/41 | €5,644 | €2,588 | -€3,056 | -54.2% |
| Trade receivables | 40 | €5,114 | €2,588 | -€2,526 | -49.4% |
| Other amounts receivable | 41 | €530 | - | -€530 | |
| Cash at bank and in hand | 54/58 | €9,208 | €4,567 | -€4,641 | -50.4% |
| Total equity and liabilities | 10/49 | €43,684 | €27,129 | -€16,556 | -37.9% |
| Equity | 10/15 | -€9,440 | -€10,188 | -€748 | -7.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €15,308 | €15,308 | = | 0.0% |
| Distributable reserves | 133 | €15,308 | €15,308 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,748 | -€27,496 | -€748 | -2.8% |
| Amounts payable | 17/49 | €53,125 | €37,317 | -€15,808 | -29.8% |
| Amounts payable after more than one year | 17 | €20,078 | €14,554 | -€5,524 | -27.5% |
| Financial debts | 170/4 | €20,078 | €14,554 | -€5,524 | -27.5% |
| Amounts payable within one year | 42/48 | €33,047 | €22,763 | -€10,283 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €5,140 | €5,524 | +€385 | +7.5% |
| Trade debts | 44 | €3,870 | €2,123 | -€1,747 | -45.1% |
| Suppliers | 440/4 | €3,870 | €2,123 | -€1,747 | -45.1% |
| Taxes, remuneration and social security | 45 | €7,514 | €1,470 | -€6,045 | -80.4% |
| Taxes | 450/3 | €7,514 | €1,470 | -€6,045 | -80.4% |
| Other amounts payable | 47/48 | €16,523 | €13,646 | -€2,877 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,858 | €8,858 | -€0 | 0.0% |
| Other operating charges | 640/8 | €285 | €802 | +€517 | +181.2% |
| Gross operating margin | 9900 | -€15,222 | €10,622 | +€25,845 | |
| Operating profit (loss) | 9901 | -€24,366 | €962 | +€25,327 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,075 | €1,709 | -€366 | -17.6% |
| Recurring financial charges | 65 | €2,075 | €1,709 | -€366 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | -€26,441 | -€748 | +€25,693 | +97.2% |
| Income taxes | 67/77 | €308 | - | -€308 | |
| Profit (loss) for the period | 9904 | -€26,748 | -€748 | +€26,001 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,748 | -€748 | +€26,001 | +97.2% |
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 12 October 2026 via checked.be.