MANUGRYSON ARCHITECTEN: what changed
MANUGRYSON ARCHITECTEN
Largest movements
- Receivables within one year -€25,716
down €25,716 (-24.9%), from €103,373 to €77,657
of which Trade receivables: -€25,316
- Tangible fixed assets -€20,840
down €20,840 (-3.5%), from €590,623 to €569,784
of which Land and buildings: -€24,390
- Cash +€7,695
up €7,695 (+25.7%), from €29,958 to €37,653
mainly Depreciation (+€27,359) and Receivables within one year (+€25,716)
- Debts after one year -€28,255
down €28,255 (-5.9%), from €482,356 to €454,101
- Profit (loss) carried forward -€8,972
new in 2025: -€8,972
- Other operating charges +€17,262
up €17,262 (+2,050%), from €842 to €18,104
- Gross operating margin -€4,446
down €4,446 (-7.4%), from €59,817 to €55,372
- Depreciation -€2,034
down €2,034 (-6.9%), from €29,393 to €27,359
- Financial charges -€1,083
down €1,083 (-5.4%), from €20,000 to €18,917
- Taxes -€1,050
down €1,050 (-88.8%), from €1,182 to €132
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 | €727,588 | €691,326 | -€36,262 | -5.0% |
| Fixed assets | 21/28 | €590,623 | €569,784 | -€20,840 | -3.5% |
| Tangible fixed assets | 22/27 | €590,623 | €569,784 | -€20,840 | -3.5% |
| Land and buildings | 22 | €588,722 | €564,332 | -€24,390 | -4.1% |
| Plant, machinery and equipment | 23 | €240 | €1,932 | +€1,692 | +705% |
| Furniture and vehicles | 24 | €783 | €3,520 | +€2,737 | +350% |
| Other tangible fixed assets | 26 | €879 | - | -€879 | |
| Current assets | 29/58 | €136,965 | €121,542 | -€15,422 | -11.3% |
| Amounts receivable within one year | 40/41 | €103,373 | €77,657 | -€25,716 | -24.9% |
| Trade receivables | 40 | €99,555 | €74,239 | -€25,316 | -25.4% |
| Other amounts receivable | 41 | €3,818 | €3,418 | -€400 | -10.5% |
| Cash at bank and in hand | 54/58 | €29,958 | €37,653 | +€7,695 | +25.7% |
| Deferred charges and accrued income | 490/1 | €3,634 | €6,232 | +€2,599 | +71.5% |
| Total equity and liabilities | 10/49 | €727,588 | €691,326 | -€36,262 | -5.0% |
| Equity | 10/15 | €162,820 | €153,848 | -€8,972 | -5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €150,420 | €150,420 | = | 0.0% |
| Distributable reserves | 133 | €150,420 | €150,420 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,972 | -€8,972 | |
| Amounts payable | 17/49 | €564,768 | €537,478 | -€27,290 | -4.8% |
| Amounts payable after more than one year | 17 | €482,356 | €454,101 | -€28,255 | -5.9% |
| Financial debts | 170/4 | €482,356 | €454,101 | -€28,255 | -5.9% |
| Amounts payable within one year | 42/48 | €82,412 | €83,377 | +€965 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €27,224 | €28,255 | +€1,030 | +3.8% |
| Trade debts | 44 | €1,986 | €6,291 | +€4,305 | +217% |
| Suppliers | 440/4 | €1,986 | €6,291 | +€4,305 | +217% |
| Taxes, remuneration and social security | 45 | €18,558 | €17,555 | -€1,003 | -5.4% |
| Taxes | 450/3 | €18,558 | €17,555 | -€1,003 | -5.4% |
| Other amounts payable | 47/48 | €34,644 | €31,276 | -€3,367 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,393 | €27,359 | -€2,034 | -6.9% |
| Other operating charges | 640/8 | €842 | €18,104 | +€17,262 | +2,050% |
| Gross operating margin | 9900 | €59,817 | €55,372 | -€4,446 | -7.4% |
| Operating profit (loss) | 9901 | €29,583 | €9,909 | -€19,674 | -66.5% |
| Financial income | 75/76B | €1 | €167 | +€166 | +18,490% |
| Recurring financial income | 75 | €1 | €167 | +€166 | +18,490% |
| Financial charges | 65/66B | €20,000 | €18,917 | -€1,083 | -5.4% |
| Recurring financial charges | 65 | €20,000 | €18,917 | -€1,083 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €9,584 | -€8,840 | -€18,424 | |
| Income taxes | 67/77 | €1,182 | €132 | -€1,050 | -88.8% |
| Profit (loss) for the period | 9904 | €8,402 | -€8,972 | -€17,374 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,402 | -€8,972 | -€17,374 |
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 3 November 2026 via checked.be.