MANUS: 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.
MANUS
Largest movements
- Cash +€14,123
up €14,123 (+208.9%), from €6,761 to €20,884
mainly Tax, wage and social debts (+€16,745) and Other debts (+€9,628)
- Deferred charges and accrued income +€4,506
up €4,506, from €0 to €4,506
- Tax, wage and social debts +€16,745
up €16,745 (+245.2%), from €6,828 to €23,573
of which Remuneration and social security: +€10,940
- Trade debts -€13,424
down €13,424 (-69.8%), from €19,246 to €5,822
- Other debts +€9,628
up €9,628 (+19.5%), from €49,457 to €59,084
- Profit (loss) carried forward +€7,580
up €7,580 (+63.3%), from €11,978 to €19,558
- Gross operating margin -€5,501
down €5,501 (-24.3%), from €22,628 to €17,127
- Depreciation -€973
down €973 (-15.4%), from €6,302 to €5,329
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.
Cash bridge derived
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 | €128,315 | €148,441 | +€20,127 | +15.7% |
| Fixed assets | 21/28 | €31,635 | €32,255 | +€620 | +2.0% |
| Tangible fixed assets | 22/27 | €31,635 | €32,255 | +€620 | +2.0% |
| Land and buildings | 22 | €1,955 | €1,574 | -€381 | -19.5% |
| Plant, machinery and equipment | 23 | €2,726 | €1,574 | -€1,152 | -42.3% |
| Furniture and vehicles | 24 | €9,453 | €11,607 | +€2,153 | +22.8% |
| Other tangible fixed assets | 26 | €17,500 | €17,500 | = | 0.0% |
| Current assets | 29/58 | €96,680 | €116,186 | +€19,506 | +20.2% |
| Amounts receivable after more than one year | 29 | €84,000 | €84,000 | = | 0.0% |
| Other amounts receivable | 291 | €84,000 | €84,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,919 | €6,796 | +€877 | +14.8% |
| Trade receivables | 40 | €4,901 | €5,071 | +€170 | +3.5% |
| Other amounts receivable | 41 | €1,018 | €1,726 | +€708 | +69.5% |
| Cash at bank and in hand | 54/58 | €6,761 | €20,884 | +€14,123 | +208.9% |
| Deferred charges and accrued income | 490/1 | €0 | €4,506 | +€4,506 | |
| Total equity and liabilities | 10/49 | €128,315 | €148,441 | +€20,127 | +15.7% |
| Equity | 10/15 | €52,201 | €59,781 | +€7,580 | +14.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €34,026 | €34,026 | = | 0.0% |
| Distributable reserves | 133 | €34,026 | €34,026 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,978 | €19,558 | +€7,580 | +63.3% |
| Amounts payable | 17/49 | €76,113 | €88,660 | +€12,547 | +16.5% |
| Amounts payable within one year | 42/48 | €75,763 | €88,660 | +€12,897 | +17.0% |
| Financial debts | 43 | €233 | €181 | -€52 | -22.3% |
| Credit institutions | 430/8 | €233 | €181 | -€52 | -22.3% |
| Trade debts | 44 | €19,246 | €5,822 | -€13,424 | -69.8% |
| Suppliers | 440/4 | €19,246 | €5,822 | -€13,424 | -69.8% |
| Taxes, remuneration and social security | 45 | €6,828 | €23,573 | +€16,745 | +245.2% |
| Taxes | 450/3 | €2,782 | €8,587 | +€5,805 | +208.6% |
| Remuneration and social security | 454/9 | €4,045 | €14,986 | +€10,940 | +270.4% |
| Other amounts payable | 47/48 | €49,457 | €59,084 | +€9,628 | +19.5% |
| Accrued charges and deferred income | 492/3 | €350 | €0 | -€350 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,302 | €5,329 | -€973 | -15.4% |
| Other operating charges | 640/8 | €579 | €528 | -€51 | -8.9% |
| Gross operating margin | 9900 | €22,628 | €17,127 | -€5,501 | -24.3% |
| Operating profit (loss) | 9901 | €15,747 | €11,271 | -€4,476 | -28.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €243 | €238 | -€6 | -2.4% |
| Recurring financial charges | 65 | €243 | €238 | -€6 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €15,504 | €11,033 | -€4,471 | -28.8% |
| Income taxes | 67/77 | €3,525 | €3,453 | -€72 | -2.0% |
| Profit (loss) for the period | 9904 | €11,978 | €7,580 | -€4,398 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,978 | €7,580 | -€4,398 | -36.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.