Mantis Robotics: 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.
Mantis Robotics
Largest movements
- Deferred charges and accrued income +€106,649
up €106,649 (+5590.6%), from €1,908 to €108,557
- Receivables within one year +€103,432
up €103,432 (+1793.2%), from €5,768 to €109,200
of which Trade receivables: +€105,100
- Intangible fixed assets -€90,211
down €90,211 (-23.4%), from €385,306 to €295,094
- Cash -€47,727
down €47,727 (-36.5%), from €130,842 to €83,115
mainly Net result for the year (-€600,240) and Deferred charges and accrued income (-€106,649)
- Tangible fixed assets +€10,710
up €10,710 (+79.0%), from €13,563 to €24,272
of which Plant, machinery and equipment: +€8,078
- Other debts +€645,000
up €645,000 (+162.6%), from €396,721 to €1.0m
- Profit (loss) carried forward -€600,240
down €600,240 (-351.0%), from -€170,990 to -€771,230
- Tax, wage and social debts +€43,208
up €43,208 (+134.1%), from €32,220 to €75,428
of which Remuneration and social security: +€42,960
- Trade debts +€35,667
up €35,667 (+578.2%), from €6,169 to €41,836
- Investment grants -€29,850
down €29,850 (-25.0%), from €119,318 to €89,468
- Staff costs +€498,384
up €498,384 (+199.3%), from €250,088 to €748,472
- Depreciation +€44,436
up €44,436 (+91.4%), from €48,613 to €93,049
- Gross operating margin +€20,319
up €20,319 (+11.2%), from €181,155 to €201,474
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 | €540,186 | €623,038 | +€82,853 | +15.3% |
| Fixed assets | 21/28 | €401,668 | €322,167 | -€79,502 | -19.8% |
| Intangible fixed assets | 21 | €385,306 | €295,094 | -€90,211 | -23.4% |
| Tangible fixed assets | 22/27 | €13,563 | €24,272 | +€10,710 | +79.0% |
| Plant, machinery and equipment | 23 | - | €8,078 | +€8,078 | |
| Furniture and vehicles | 24 | €13,563 | €16,195 | +€2,632 | +19.4% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €138,518 | €300,872 | +€162,354 | +117.2% |
| Amounts receivable within one year | 40/41 | €5,768 | €109,200 | +€103,432 | +1793.2% |
| Trade receivables | 40 | - | €105,100 | +€105,100 | |
| Other amounts receivable | 41 | €5,768 | €4,100 | -€1,668 | -28.9% |
| Cash at bank and in hand | 54/58 | €130,842 | €83,115 | -€47,727 | -36.5% |
| Deferred charges and accrued income | 490/1 | €1,908 | €108,557 | +€106,649 | +5590.6% |
| Total equity and liabilities | 10/49 | €540,186 | €623,038 | +€82,853 | +15.3% |
| Equity | 10/15 | €63,328 | -€566,762 | -€630,090 | |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,990 | -€771,230 | -€600,240 | -351.0% |
| Investment grants | 15 | €119,318 | €89,468 | -€29,850 | -25.0% |
| Provisions and deferred taxes | 16 | €39,773 | €29,823 | -€9,950 | -25.0% |
| Deferred taxes | 168 | €39,773 | €29,823 | -€9,950 | -25.0% |
| Amounts payable | 17/49 | €437,085 | €1,159,977 | +€722,892 | +165.4% |
| Amounts payable within one year | 42/48 | €437,085 | €1,159,977 | +€722,892 | +165.4% |
| Financial debts | 43 | €1,976 | €993 | -€984 | -49.8% |
| Credit institutions | 430/8 | €1,976 | €993 | -€984 | -49.8% |
| Trade debts | 44 | €6,169 | €41,836 | +€35,667 | +578.2% |
| Suppliers | 440/4 | €6,169 | €41,836 | +€35,667 | +578.2% |
| Taxes, remuneration and social security | 45 | €32,220 | €75,428 | +€43,208 | +134.1% |
| Taxes | 450/3 | - | €249 | +€249 | |
| Remuneration and social security | 454/9 | €32,220 | €75,179 | +€42,960 | +133.3% |
| Other amounts payable | 47/48 | €396,721 | €1,041,721 | +€645,000 | +162.6% |
| Remuneration, social security and pensions | 62 | €250,088 | €748,472 | +€498,384 | +199.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,613 | €93,049 | +€44,436 | +91.4% |
| Gross operating margin | 9900 | €181,155 | €201,474 | +€20,319 | +11.2% |
| Operating profit (loss) | 9901 | -€117,546 | -€640,047 | -€522,501 | -444.5% |
| Financial income | 75/76B | €29,906 | €30,084 | +€179 | +0.6% |
| Recurring financial income | 75 | €29,906 | €29,856 | -€50 | -0.2% |
| Non-recurring financial income | 76B | - | €228 | +€228 | |
| Financial charges | 65/66B | €128 | -€22 | -€150 | |
| Recurring financial charges | 65 | €128 | -€22 | -€150 | |
| Profit (loss) for the period before taxes | 9903 | -€87,769 | -€609,941 | -€522,172 | -594.9% |
| Transfer from deferred taxes | 780 | €9,950 | €9,950 | = | 0.0% |
| Income taxes | 67/77 | - | €249 | +€249 | |
| Profit (loss) for the period | 9904 | -€77,819 | -€600,240 | -€522,421 | -671.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,819 | -€600,240 | -€522,421 | -671.3% |
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 9 October 2026 via checked.be.