MANUARTIST: 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.
MANUARTIST
Largest movements
- Receivables within one year +€30,099
up €30,099 (+63.4%), from €47,446 to €77,545
of which Trade receivables: +€30,000
- Tangible fixed assets -€25,885
down €25,885 (-33.3%), from €77,718 to €51,833
of which Furniture and vehicles: -€25,658
- Debts after one year +€6,851
up €6,851 (+5.8%), from €117,308 to €124,159
- Gross operating margin +€2,629
up €2,629 (+10.1%), from €26,077 to €28,707
- Financial charges +€1,377
up €1,377 (+436.7%), from €315 to €1,693
- Depreciation +€668
up €668 (+2.6%), from €25,217 to €25,885
- Other operating charges +€310
new in 2024: €310
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,256 | €152,830 | +€5,574 | +3.8% |
| Fixed assets | 21/28 | €77,718 | €51,833 | -€25,885 | -33.3% |
| Tangible fixed assets | 22/27 | €77,718 | €51,833 | -€25,885 | -33.3% |
| Plant, machinery and equipment | 23 | €565 | €338 | -€226 | -40.1% |
| Furniture and vehicles | 24 | €77,153 | €51,495 | -€25,658 | -33.3% |
| Current assets | 29/58 | €69,538 | €100,997 | +€31,459 | +45.2% |
| Stocks and contracts in progress | 3 | €22,040 | €22,040 | = | 0.0% |
| Stocks | 30/36 | €22,040 | €22,040 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,446 | €77,545 | +€30,099 | +63.4% |
| Trade receivables | 40 | €44,000 | €74,000 | +€30,000 | +68.2% |
| Other amounts receivable | 41 | €3,446 | €3,545 | +€99 | +2.9% |
| Cash at bank and in hand | 54/58 | €52 | €1,411 | +€1,360 | +2626.7% |
| Total equity and liabilities | 10/49 | €147,256 | €152,830 | +€5,574 | +3.8% |
| Equity | 10/15 | €27,706 | €28,242 | +€535 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,106 | €9,642 | +€535 | +5.9% |
| Non-distributable reserves | 130/1 | €1,519 | €1,519 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,519 | €1,519 | = | 0.0% |
| Distributable reserves | 133 | €7,587 | €8,123 | +€535 | +7.1% |
| Amounts payable | 17/49 | €119,549 | €124,588 | +€5,039 | +4.2% |
| Amounts payable after more than one year | 17 | €117,308 | €124,159 | +€6,851 | +5.8% |
| Financial debts | 170/4 | €117,308 | €124,159 | +€6,851 | +5.8% |
| Amounts payable within one year | 42/48 | €2,242 | €429 | -€1,812 | -80.9% |
| Financial debts | 43 | €77 | - | -€77 | |
| Credit institutions | 430/8 | €77 | - | -€77 | |
| Trade debts | 44 | €1,043 | - | -€1,043 | |
| Suppliers | 440/4 | €1,043 | - | -€1,043 | |
| Taxes, remuneration and social security | 45 | €1,122 | €429 | -€693 | -61.8% |
| Taxes | 450/3 | €1,122 | €429 | -€693 | -61.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,217 | €25,885 | +€668 | +2.6% |
| Other operating charges | 640/8 | - | €310 | +€310 | |
| Gross operating margin | 9900 | €26,077 | €28,707 | +€2,629 | +10.1% |
| Operating profit (loss) | 9901 | €860 | €2,512 | +€1,652 | +192.0% |
| Financial charges | 65/66B | €315 | €1,693 | +€1,377 | +436.7% |
| Recurring financial charges | 65 | €315 | €1,693 | +€1,377 | +436.7% |
| Profit (loss) for the period before taxes | 9903 | €545 | €819 | +€274 | +50.3% |
| Income taxes | 67/77 | €145 | €284 | +€138 | +95.1% |
| Profit (loss) for the period | 9904 | €399 | €535 | +€136 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €399 | €535 | +€136 | +34.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.