MANTES: 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.
MANTES
Largest movements
- Deferred charges and accrued income -€6,000
no longer reported in 2025 (was €6,000)
- Receivables within one year +€4,945
up €4,945 (+4.3%), from €115,786 to €120,731
of which Other amounts receivable: +€21,466
- Cash +€4,554
up €4,554 (+92.8%), from €4,909 to €9,463
mainly Deferred charges and accrued income (+€6,000) and Net result for the year (+€4,377)
- Reserves +€4,378
up €4,378 (+4.9%), from €89,319 to €93,697
of which Distributable reserves: +€4,378
- Other debts -€3,200
no longer reported in 2025 (was €3,200)
- Purchases and services -€15,128
down €15,128 (-22.8%), from €66,226 to €51,098
- Gross operating margin +€8,056
up €8,056 (+70.6%), from €11,418 to €19,474
- Financial charges +€7,224
up €7,224 (+725%), from €996 to €8,220
- Turnover -€7,072
down €7,072 (-9.1%), from €77,644 to €70,572
- Depreciation +€3,314
new in 2025: €3,314
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 | €129,239 | €132,194 | +€2,955 | +2.3% |
| Fixed assets | 21/28 | €2,544 | €2,000 | -€544 | -21.4% |
| Tangible fixed assets | 22/27 | €2,544 | €2,000 | -€544 | -21.4% |
| Plant, machinery and equipment | 23 | €2,000 | €2,000 | = | 0.0% |
| Furniture and vehicles | 24 | €544 | - | -€544 | |
| Current assets | 29/58 | €126,695 | €130,194 | +€3,499 | +2.8% |
| Amounts receivable within one year | 40/41 | €115,786 | €120,731 | +€4,945 | +4.3% |
| Trade receivables | 40 | €39,834 | €23,313 | -€16,521 | -41.5% |
| Other amounts receivable | 41 | €75,952 | €97,418 | +€21,466 | +28.3% |
| Cash at bank and in hand | 54/58 | €4,909 | €9,463 | +€4,554 | +92.8% |
| Deferred charges and accrued income | 490/1 | €6,000 | - | -€6,000 | |
| Total equity and liabilities | 10/49 | €129,239 | €132,194 | +€2,955 | +2.3% |
| Equity | 10/15 | €117,993 | €122,371 | +€4,378 | +3.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €89,319 | €93,697 | +€4,378 | +4.9% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €88,699 | €93,077 | +€4,378 | +4.9% |
| Profit (loss) carried forward | 14 | €22,477 | €22,477 | = | 0.0% |
| Amounts payable | 17/49 | €11,246 | €9,823 | -€1,423 | -12.7% |
| Amounts payable within one year | 42/48 | €8,091 | €6,608 | -€1,483 | -18.3% |
| Trade debts | 44 | - | €154 | +€154 | |
| Suppliers | 440/4 | - | €154 | +€154 | |
| Advances received on contracts in progress | 46 | €2,690 | €3,250 | +€560 | +20.8% |
| Taxes, remuneration and social security | 45 | €2,201 | €3,204 | +€1,003 | +45.6% |
| Taxes | 450/3 | €2,201 | €3,204 | +€1,003 | +45.6% |
| Other amounts payable | 47/48 | €3,200 | - | -€3,200 | |
| Accrued charges and deferred income | 492/3 | €3,155 | €3,215 | +€60 | +1.9% |
| Turnover | 70 | €77,644 | €70,572 | -€7,072 | -9.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,226 | €51,098 | -€15,128 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,314 | +€3,314 | |
| Other operating charges | 640/8 | €2,353 | €3,425 | +€1,072 | +45.6% |
| Gross operating margin | 9900 | €11,418 | €19,474 | +€8,056 | +70.6% |
| Operating profit (loss) | 9901 | €9,065 | €12,735 | +€3,670 | +40.5% |
| Financial income | 75/76B | €1,989 | €2,815 | +€826 | +41.5% |
| Recurring financial income | 75 | €1,989 | €2,815 | +€826 | +41.5% |
| Financial charges | 65/66B | €996 | €8,220 | +€7,224 | +725% |
| Recurring financial charges | 65 | €996 | €8,220 | +€7,224 | +725% |
| Profit (loss) for the period before taxes | 9903 | €10,058 | €7,330 | -€2,728 | -27.1% |
| Income taxes | 67/77 | €3,092 | €2,953 | -€139 | -4.5% |
| Profit (loss) for the period | 9904 | €6,966 | €4,377 | -€2,589 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,966 | €4,377 | -€2,589 | -37.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.