MANU - FACT: 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.
MANU - FACT
Largest movements
- Cash +€25,245
up €25,245 (+123%), from €20,602 to €45,847
mainly Net result for the year (+€27,200) and Depreciation (+€21,196)
- Receivables within one year +€23,514
up €23,514 (+208%), from €11,293 to €34,807
of which Other amounts receivable: +€29,440
- Tangible fixed assets -€21,196
down €21,196 (-5.1%), from €415,757 to €394,561
of which Land and buildings: -€14,600
- Profit (loss) carried forward +€27,200
up €27,200 (+97.8%), from -€27,809 to -€609
- Other debts -€5,610
down €5,610 (-99.8%), from €5,624 to €14
- Gross operating margin +€31,958
up €31,958 (+163%), from €19,630 to €51,588
- Purchases and services +€23,114
new in 2025: €23,114
- Financial income +€1,024
up €1,024 (+2,844%), from €36 to €1,060
of which Financial income: +€677
- Depreciation -€740
down €740 (-3.4%), from €21,936 to €21,196
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 | €455,332 | €483,059 | +€27,727 | +6.1% |
| Fixed assets | 21/28 | €415,833 | €394,637 | -€21,196 | -5.1% |
| Tangible fixed assets | 22/27 | €415,757 | €394,561 | -€21,196 | -5.1% |
| Land and buildings | 22 | €380,587 | €365,987 | -€14,600 | -3.8% |
| Plant, machinery and equipment | 23 | €31,781 | €26,650 | -€5,131 | -16.1% |
| Furniture and vehicles | 24 | €3,389 | €1,924 | -€1,465 | -43.2% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €39,499 | €88,422 | +€48,923 | +124% |
| Stocks and contracts in progress | 3 | €6,530 | €6,530 | = | 0.0% |
| Stocks | 30/36 | €6,530 | €6,530 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,293 | €34,807 | +€23,514 | +208% |
| Trade receivables | 40 | €11,293 | €5,367 | -€5,926 | -52.5% |
| Other amounts receivable | 41 | - | €29,440 | +€29,440 | |
| Cash at bank and in hand | 54/58 | €20,602 | €45,847 | +€25,245 | +123% |
| Deferred charges and accrued income | 490/1 | €1,074 | €1,238 | +€164 | +15.3% |
| Total equity and liabilities | 10/49 | €455,332 | €483,059 | +€27,727 | +6.1% |
| Equity | 10/15 | €447,412 | €474,612 | +€27,200 | +6.1% |
| Contributions | 10/11 | €303,800 | €303,800 | = | 0.0% |
| Reserves | 13 | €171,421 | €171,421 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,600 | €8,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,600 | €8,600 | = | 0.0% |
| Distributable reserves | 133 | €162,821 | €162,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,809 | -€609 | +€27,200 | +97.8% |
| Amounts payable | 17/49 | €7,920 | €8,447 | +€527 | +6.7% |
| Amounts payable within one year | 42/48 | €7,920 | €8,447 | +€527 | +6.7% |
| Trade debts | 44 | €1,969 | €3,456 | +€1,487 | +75.5% |
| Suppliers | 440/4 | €1,969 | €3,456 | +€1,487 | +75.5% |
| Taxes, remuneration and social security | 45 | €327 | €4,977 | +€4,650 | +1,422% |
| Taxes | 450/3 | €327 | €4,977 | +€4,650 | +1,422% |
| Other amounts payable | 47/48 | €5,624 | €14 | -€5,610 | -99.8% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €23,114 | +€23,114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,936 | €21,196 | -€740 | -3.4% |
| Other operating charges | 640/8 | €3,671 | €3,780 | +€109 | +3.0% |
| Gross operating margin | 9900 | €19,630 | €51,588 | +€31,958 | +163% |
| Operating profit (loss) | 9901 | -€5,977 | €26,612 | +€32,589 | |
| Financial income | 75/76B | €36 | €1,060 | +€1,024 | +2,844% |
| Recurring financial income | 75 | €36 | €713 | +€677 | +1,881% |
| Non-recurring financial income | 76B | - | €347 | +€347 | |
| Financial charges | 65/66B | - | €183 | +€183 | |
| Recurring financial charges | 65 | - | €183 | +€183 | |
| Profit (loss) for the period before taxes | 9903 | -€5,941 | €27,489 | +€33,430 | |
| Income taxes | 67/77 | - | €289 | +€289 | |
| Profit (loss) for the period | 9904 | -€5,941 | €27,200 | +€33,141 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,941 | €27,200 | +€33,141 |
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 29 October 2026 via checked.be.