MANUPRINT: 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.
MANUPRINT
Largest movements
- Cash +€231,144
up €231,144 (+621.4%), from €37,199 to €268,343
mainly Net result for the year (+€230,875) and Investment in fixed assets (net) (+€43,029)
- Receivables within one year +€50,880
up €50,880 (+152.3%), from €33,397 to €84,277
- Tangible fixed assets -€41,625
no longer reported in 2026 (was €41,625)
of which Land and buildings: -€37,288
- Reserves +€230,875
up €230,875 (+3723.8%), from €6,200 to €237,075
of which Distributable reserves: +€230,875
- Tax, wage and social debts +€8,308
new in 2026: €8,308
- Gross operating margin +€338,630
up €338,630 (+1072293.4%), from €32 to €338,662
- Taxes +€103,366
new in 2026: €103,366
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,626 | €352,675 | +€239,049 | +210.4% |
| Fixed assets | 21/28 | €43,029 | - | -€43,029 | |
| Tangible fixed assets | 22/27 | €41,625 | - | -€41,625 | |
| Land and buildings | 22 | €37,288 | - | -€37,288 | |
| Plant, machinery and equipment | 23 | €4,336 | - | -€4,336 | |
| Financial fixed assets | 28 | €1,405 | - | -€1,405 | |
| Current assets | 29/58 | €70,596 | €352,675 | +€282,079 | +399.6% |
| Amounts receivable within one year | 40/41 | €33,397 | €84,277 | +€50,880 | +152.3% |
| Other amounts receivable | 41 | €33,397 | €84,277 | +€50,880 | +152.3% |
| Cash at bank and in hand | 54/58 | €37,199 | €268,343 | +€231,144 | +621.4% |
| Deferred charges and accrued income | 490/1 | - | €54 | +€54 | |
| Total equity and liabilities | 10/49 | €113,626 | €352,675 | +€239,049 | +210.4% |
| Equity | 10/15 | €113,488 | €344,363 | +€230,875 | +203.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €237,075 | +€230,875 | +3723.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €230,875 | +€230,875 | |
| Profit (loss) carried forward | 14 | €45,288 | €45,288 | = | 0.0% |
| Amounts payable | 17/49 | €138 | €8,312 | +€8,174 | +5927.8% |
| Amounts payable within one year | 42/48 | €138 | €8,312 | +€8,174 | +5927.8% |
| Taxes, remuneration and social security | 45 | - | €8,308 | +€8,308 | |
| Taxes | 450/3 | - | €8,308 | +€8,308 | |
| Other amounts payable | 47/48 | €138 | €5 | -€133 | -96.7% |
| Non-recurring operating income | 76A | - | €352,375 | +€352,375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,977 | - | -€1,977 | |
| Other operating charges | 640/8 | €2,870 | €4,511 | +€1,640 | +57.2% |
| Gross operating margin | 9900 | €32 | €338,662 | +€338,630 | +1072293.4% |
| Operating profit (loss) | 9901 | -€4,815 | €334,151 | +€338,966 | |
| Financial income | 75/76B | €747 | €762 | +€16 | +2.1% |
| Recurring financial income | 75 | €747 | €762 | +€16 | +2.1% |
| Financial charges | 65/66B | €589 | €672 | +€83 | +14.1% |
| Recurring financial charges | 65 | €589 | €672 | +€83 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,658 | €334,241 | +€338,899 | |
| Income taxes | 67/77 | - | €103,366 | +€103,366 | |
| Profit (loss) for the period | 9904 | -€4,658 | €230,875 | +€235,533 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,658 | €230,875 | +€235,533 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.