MANUPLAN: 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.
MANUPLAN
Largest movements
- Cash -€30,337
down €30,337 (-31.9%), from €94,954 to €64,617
mainly Contributions, distributions and other (-€113,105) and Tax, wage and social debts (-€9,543)
- Tangible fixed assets -€5,793
down €5,793 (-29.9%), from €19,346 to €13,554
- Receivables within one year +€1,280
up €1,280 (+10.6%), from €12,042 to €13,321
of which Trade receivables: +€758
- Reserves -€25,702
down €25,702 (-22.7%), from €113,105 to €87,403
- Tax, wage and social debts -€9,543
down €9,543 (-81.7%), from €11,676 to €2,133
- Gross operating margin +€1,680
up €1,680 (+1.4%), from €123,074 to €124,754
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 | €126,798 | €91,945 | -€34,853 | -27.5% |
| Fixed assets | 21/28 | €19,346 | €13,554 | -€5,793 | -29.9% |
| Tangible fixed assets | 22/27 | €19,346 | €13,554 | -€5,793 | -29.9% |
| Furniture and vehicles | 24 | €19,346 | €13,554 | -€5,793 | -29.9% |
| Current assets | 29/58 | €107,452 | €78,391 | -€29,061 | -27.0% |
| Amounts receivable within one year | 40/41 | €12,042 | €13,321 | +€1,280 | +10.6% |
| Trade receivables | 40 | €12,042 | €12,800 | +€758 | +6.3% |
| Other amounts receivable | 41 | - | €521 | +€521 | |
| Cash at bank and in hand | 54/58 | €94,954 | €64,617 | -€30,337 | -31.9% |
| Deferred charges and accrued income | 490/1 | €456 | €453 | -€3 | -0.8% |
| Total equity and liabilities | 10/49 | €126,798 | €91,945 | -€34,853 | -27.5% |
| Equity | 10/15 | €115,105 | €89,403 | -€25,702 | -22.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €113,105 | €87,403 | -€25,702 | -22.7% |
| Distributable reserves | 133 | €113,105 | €87,403 | -€25,702 | -22.7% |
| Amounts payable | 17/49 | €11,693 | €2,542 | -€9,152 | -78.3% |
| Amounts payable within one year | 42/48 | €11,693 | €2,542 | -€9,152 | -78.3% |
| Trade debts | 44 | - | €373 | +€373 | |
| Suppliers | 440/4 | - | €373 | +€373 | |
| Taxes, remuneration and social security | 45 | €11,676 | €2,133 | -€9,543 | -81.7% |
| Taxes | 450/3 | €11,676 | €2,133 | -€9,543 | -81.7% |
| Other amounts payable | 47/48 | €17 | €35 | +€18 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,793 | €5,793 | = | 0.0% |
| Other operating charges | 640/8 | €676 | €866 | +€190 | +28.1% |
| Gross operating margin | 9900 | €123,074 | €124,754 | +€1,680 | +1.4% |
| Operating profit (loss) | 9901 | €116,605 | €118,096 | +€1,490 | +1.3% |
| Financial charges | 65/66B | €707 | €559 | -€147 | -20.9% |
| Recurring financial charges | 65 | €707 | €559 | -€147 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €115,899 | €117,536 | +€1,638 | +1.4% |
| Income taxes | 67/77 | €29,643 | €30,133 | +€490 | +1.7% |
| Profit (loss) for the period | 9904 | €86,255 | €87,403 | +€1,148 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €86,255 | €87,403 | +€1,148 | +1.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.