Mantexgent: 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.
Mantexgent
Largest movements
- Receivables within one year +€4,443
up €4,443 (+11.9%), from €37,452 to €41,895
of which Other amounts receivable: +€6,266
- Cash -€3,167
down €3,167 (-7.7%), from €41,249 to €38,082
mainly Contributions, distributions and other (-€9,000) and Receivables within one year (-€4,443)
- Stocks and contracts -€1,596
down €1,596 (-7.8%), from €20,541 to €18,945
- Other debts +€7,300
up €7,300 (+429%), from €1,700 to €9,000
- Reserves -€7,096
down €7,096 (-19.0%), from €37,291 to €30,195
of which Distributable reserves: -€7,096
- Trade debts -€3,604
down €3,604 (-64.8%), from €5,561 to €1,957
- Tax, wage and social debts +€2,106
up €2,106 (+288%), from €731 to €2,836
- Gross operating margin -€5,874
down €5,874 (-57.6%), from €10,194 to €4,320
- Taxes -€2,338
down €2,338 (-76.6%), from €3,052 to €714
- Depreciation +€394
up €394 (+187%), from €210 to €605
- Financial charges +€266
up €266 (+29.4%), from €904 to €1,171
- Financial income -€254
down €254 (-16.0%), from €1,587 to €1,333
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 | €106,782 | €105,489 | -€1,293 | -1.2% |
| Fixed assets | 21/28 | €5,835 | €5,230 | -€605 | -10.4% |
| Tangible fixed assets | 22/27 | €5,835 | €5,230 | -€605 | -10.4% |
| Land and buildings | 22 | €5,835 | €5,230 | -€605 | -10.4% |
| Current assets | 29/58 | €100,947 | €100,258 | -€689 | -0.7% |
| Stocks and contracts in progress | 3 | €20,541 | €18,945 | -€1,596 | -7.8% |
| Stocks | 30/36 | €20,541 | €18,945 | -€1,596 | -7.8% |
| Amounts receivable within one year | 40/41 | €37,452 | €41,895 | +€4,443 | +11.9% |
| Trade receivables | 40 | €23,585 | €21,763 | -€1,822 | -7.7% |
| Other amounts receivable | 41 | €13,867 | €20,132 | +€6,266 | +45.2% |
| Cash at bank and in hand | 54/58 | €41,249 | €38,082 | -€3,167 | -7.7% |
| Deferred charges and accrued income | 490/1 | €1,705 | €1,336 | -€369 | -21.6% |
| Total equity and liabilities | 10/49 | €106,782 | €105,489 | -€1,293 | -1.2% |
| Equity | 10/15 | €98,791 | €91,695 | -€7,096 | -7.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €37,291 | €30,195 | -€7,096 | -19.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €31,141 | €24,045 | -€7,096 | -22.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,992 | €13,794 | +€5,802 | +72.6% |
| Amounts payable within one year | 42/48 | €7,992 | €13,793 | +€5,801 | +72.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,561 | €1,957 | -€3,604 | -64.8% |
| Suppliers | 440/4 | €5,561 | €1,957 | -€3,604 | -64.8% |
| Taxes, remuneration and social security | 45 | €731 | €2,836 | +€2,106 | +288% |
| Taxes | 450/3 | €731 | €2,836 | +€2,106 | +288% |
| Other amounts payable | 47/48 | €1,700 | €9,000 | +€7,300 | +429% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €605 | +€394 | +187% |
| Other operating charges | 640/8 | €1,059 | €1,260 | +€201 | +19.0% |
| Gross operating margin | 9900 | €10,194 | €4,320 | -€5,874 | -57.6% |
| Operating profit (loss) | 9901 | €8,925 | €2,456 | -€6,469 | -72.5% |
| Financial income | 75/76B | €1,587 | €1,333 | -€254 | -16.0% |
| Recurring financial income | 75 | €1,587 | €1,333 | -€254 | -16.0% |
| Financial charges | 65/66B | €904 | €1,171 | +€266 | +29.4% |
| Recurring financial charges | 65 | €904 | €1,171 | +€266 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €9,607 | €2,618 | -€6,989 | -72.8% |
| Income taxes | 67/77 | €3,052 | €714 | -€2,338 | -76.6% |
| Profit (loss) for the period | 9904 | €6,555 | €1,904 | -€4,651 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,555 | €1,904 | -€4,651 | -70.9% |
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 14 October 2026 via checked.be.