MANTARAY: 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.
MANTARAY
Largest movements
- Receivables within one year -€176
no longer reported in 2026 (was €176)
- Profit (loss) carried forward -€1,117
down €1,117 (-5.3%), from -€21,260 to -€22,377
- Other debts +€936
new in 2026: €936
- Financial charges -€438
down €438 (-98.9%), from €443 to €5
- Gross operating margin -€410
down €410 (-58.4%), from -€702 to -€1,112
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,548 | €1,367 | -€181 | -11.7% |
| Current assets | 29/58 | €1,548 | €1,367 | -€181 | -11.7% |
| Amounts receivable within one year | 40/41 | €176 | - | -€176 | |
| Other amounts receivable | 41 | €176 | - | -€176 | |
| Cash at bank and in hand | 54/58 | €1,372 | €1,367 | -€5 | -0.4% |
| Total equity and liabilities | 10/49 | €1,548 | €1,367 | -€181 | -11.7% |
| Equity | 10/15 | €1,548 | €431 | -€1,117 | -72.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,609 | €16,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,749 | €14,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,260 | -€22,377 | -€1,117 | -5.3% |
| Amounts payable | 17/49 | - | €936 | +€936 | |
| Amounts payable within one year | 42/48 | - | €936 | +€936 | |
| Other amounts payable | 47/48 | - | €936 | +€936 | |
| Gross operating margin | 9900 | -€702 | -€1,112 | -€410 | -58.4% |
| Operating profit (loss) | 9901 | -€702 | -€1,112 | -€410 | -58.4% |
| Financial charges | 65/66B | €443 | €5 | -€438 | -98.9% |
| Recurring financial charges | 65 | €443 | €5 | -€438 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,145 | -€1,117 | +€28 | +2.4% |
| Profit (loss) for the period | 9904 | -€1,145 | -€1,117 | +€28 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,145 | -€1,117 | +€28 | +2.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.