MANUEL SANTOS IT SOLUTIONS: what changed
MANUEL SANTOS IT SOLUTIONS
Largest movements
- Cash +€46,496
up €46,496 (+14.3%), from €324,025 to €370,521
mainly Net result for the year (+€53,040) and Tax, wage and social debts (+€8,632)
- Receivables within one year +€15,176
up €15,176 (+34.9%), from €43,471 to €58,647
of which Trade receivables: +€16,176
- Reserves +€53,040
up €53,040 (+54.1%), from €98,063 to €151,103
of which Distributable reserves: +€53,040
- Tax, wage and social debts +€8,632
up €8,632 (+12.4%), from €69,795 to €78,427
- Turnover +€35,182
up €35,182 (+24.4%), from €144,300 to €179,482
- Gross operating margin +€29,835
up €29,835 (+60.2%), from €49,562 to €79,396
- Taxes +€10,835
up €10,835 (+76.5%), from €14,156 to €24,991
- Purchases and services +€5,348
up €5,348 (+5.6%), from €94,738 to €100,086
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €367,496 | €429,168 | +€61,672 | +16.8% |
| Current assets | 29/58 | €367,496 | €429,168 | +€61,672 | +16.8% |
| Amounts receivable within one year | 40/41 | €43,471 | €58,647 | +€15,176 | +34.9% |
| Trade receivables | 40 | €42,471 | €58,647 | +€16,176 | +38.1% |
| Other amounts receivable | 41 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €324,025 | €370,521 | +€46,496 | +14.3% |
| Total equity and liabilities | 10/49 | €367,496 | €429,168 | +€61,672 | +16.8% |
| Equity | 10/15 | €297,702 | €350,742 | +€53,040 | +17.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €98,063 | €151,103 | +€53,040 | +54.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €96,203 | €149,243 | +€53,040 | +55.1% |
| Profit (loss) carried forward | 14 | €187,238 | €187,238 | = | 0.0% |
| Amounts payable | 17/49 | €69,795 | €78,427 | +€8,632 | +12.4% |
| Amounts payable within one year | 42/48 | €69,795 | €78,427 | +€8,632 | +12.4% |
| Taxes, remuneration and social security | 45 | €69,795 | €78,427 | +€8,632 | +12.4% |
| Taxes | 450/3 | €69,795 | €78,427 | +€8,632 | +12.4% |
| Turnover | 70 | €144,300 | €179,482 | +€35,182 | +24.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €94,738 | €100,086 | +€5,348 | +5.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €100 | €719 | +€619 | +619% |
| Gross operating margin | 9900 | €49,562 | €79,396 | +€29,835 | +60.2% |
| Operating profit (loss) | 9901 | €49,074 | €78,278 | +€29,203 | +59.5% |
| Financial charges | 65/66B | €343 | €247 | -€96 | -28.0% |
| Recurring financial charges | 65 | €343 | €247 | -€96 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €48,732 | €78,031 | +€29,299 | +60.1% |
| Income taxes | 67/77 | €14,156 | €24,991 | +€10,835 | +76.5% |
| Profit (loss) for the period | 9904 | €34,575 | €53,040 | +€18,465 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,575 | €53,040 | +€18,465 | +53.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.