MANUFACTUUR: what changed
What changed
MANUFACTUUR
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
filed annual accounts (NBB)
Net result for the year
-€8,337
2024 · -€4,018-€4,320
Equity
-€30,594
2024 · -€22,257-€8,337
Cash
€4,478
2024 · €2,353+€2,125
Balance sheet total
€648,088
2024 · €601,823+€46,265
Largest movements
Assets
- Stocks and contracts +€21,140
up €21,140 (+6.3%), from €337,670 to €358,810
- Tangible fixed assets +€19,282
up €19,282 (+7.9%), from €243,656 to €262,938
of which Furniture and vehicles: +€32,798
Equity and liabilities
- Other debts +€41,502
up €41,502 (+12.5%), from €331,570 to €373,071
- Debts after one year +€22,204
up €22,204 (+22.2%), from €100,221 to €122,426
- Trade debts -€11,240
down €11,240 (-12.7%), from €88,602 to €77,362
- Profit (loss) carried forward -€8,337
down €8,337 (-20.4%), from -€40,857 to -€49,194
Income statement
- Gross operating margin -€15,074
down €15,074 (-15.6%), from €96,501 to €81,427
- Depreciation -€11,673
down €11,673 (-33.1%), from €35,289 to €23,616
- Financial charges +€1,994
up €1,994 (+16.1%), from €12,372 to €14,366
- Other operating charges -€1,103
down €1,103 (-18.2%), from €6,044 to €4,941
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.
Result 2024
-€4,018
Gross operating margin
-€15,074
Staff costs
+€293
Depreciation
+€11,673
Other operating charges
+€1,103
Financial income
+€348
Financial charges
-€1,994
Taxes
-€669
Result 2025
-€8,337
raises the resultlowers the result
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.
From operations
+€18,530
Investment
-€42,898
Financing
+€26,492
Cash 2024
€2,353
From operations (derived)
+€18,530
Net result for the year
-€8,337
Depreciation
+€23,616
Stocks and contracts
-€21,140
Receivables within one year
-€3,718
Trade debts
-€11,240
Tax, wage and social debts
-€2,152
Other debts
+€41,502
Investment (derived)
-€42,898
Investment in fixed assets (net)
-€42,898
Financing
+€26,492
Debts after one year
+€22,204
Current portion of long-term debt
+€4,288
Cash 2025
€4,478
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €601,823 | €648,088 | +€46,265 | +7.7% |
| Fixed assets | 21/28 | €244,056 | €263,338 | +€19,282 | +7.9% |
| Tangible fixed assets | 22/27 | €243,656 | €262,938 | +€19,282 | +7.9% |
| Land and buildings | 22 | €199,479 | €184,076 | -€15,403 | -7.7% |
| Plant, machinery and equipment | 23 | - | €1,887 | +€1,887 | |
| Furniture and vehicles | 24 | €44,177 | €76,975 | +€32,798 | +74.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €357,767 | €384,750 | +€26,983 | +7.5% |
| Stocks and contracts in progress | 3 | €337,670 | €358,810 | +€21,140 | +6.3% |
| Stocks | 30/36 | €337,670 | €358,810 | +€21,140 | +6.3% |
| Amounts receivable within one year | 40/41 | €9,155 | €12,872 | +€3,718 | +40.6% |
| Trade receivables | 40 | €340 | €3,405 | +€3,065 | +901% |
| Other amounts receivable | 41 | €8,815 | €9,468 | +€653 | +7.4% |
| Cash at bank and in hand | 54/58 | €2,353 | €4,478 | +€2,125 | +90.3% |
| Deferred charges and accrued income | 490/1 | €8,589 | €8,589 | = | 0.0% |
| Total equity and liabilities | 10/49 | €601,823 | €648,088 | +€46,265 | +7.7% |
| Equity | 10/15 | -€22,257 | -€30,594 | -€8,337 | -37.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,857 | -€49,194 | -€8,337 | -20.4% |
| Amounts payable | 17/49 | €624,080 | €678,682 | +€54,602 | +8.7% |
| Amounts payable after more than one year | 17 | €100,221 | €122,426 | +€22,204 | +22.2% |
| Financial debts | 170/4 | €100,221 | €122,426 | +€22,204 | +22.2% |
| Amounts payable within one year | 42/48 | €523,859 | €556,256 | +€32,397 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €32,841 | €37,129 | +€4,288 | +13.1% |
| Financial debts | 43 | €35,000 | €35,000 | = | 0.0% |
| Credit institutions | 430/8 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €88,602 | €77,362 | -€11,240 | -12.7% |
| Suppliers | 440/4 | €88,602 | €77,362 | -€11,240 | -12.7% |
| Taxes, remuneration and social security | 45 | €35,846 | €33,694 | -€2,152 | -6.0% |
| Taxes | 450/3 | €26,245 | €23,787 | -€2,458 | -9.4% |
| Remuneration and social security | 454/9 | €9,601 | €9,907 | +€305 | +3.2% |
| Other amounts payable | 47/48 | €331,570 | €373,071 | +€41,502 | +12.5% |
| Remuneration, social security and pensions | 62 | €47,720 | €47,427 | -€293 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,289 | €23,616 | -€11,673 | -33.1% |
| Other operating charges | 640/8 | €6,044 | €4,941 | -€1,103 | -18.2% |
| Gross operating margin | 9900 | €96,501 | €81,427 | -€15,074 | -15.6% |
| Operating profit (loss) | 9901 | €7,447 | €5,442 | -€2,005 | -26.9% |
| Financial income | 75/76B | €907 | €1,255 | +€348 | +38.3% |
| Recurring financial income | 75 | €907 | €1,255 | +€348 | +38.3% |
| Financial charges | 65/66B | €12,372 | €14,366 | +€1,994 | +16.1% |
| Recurring financial charges | 65 | €12,372 | €14,366 | +€1,994 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,018 | -€7,668 | -€3,651 | -90.9% |
| Income taxes | 67/77 | €0 | €669 | +€669 | |
| Profit (loss) for the period | 9904 | -€4,018 | -€8,337 | -€4,320 | -108% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,018 | -€8,337 | -€4,320 | -108% |
Next steps
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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.