Many & More: 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.
Many & More
Largest movements
- Cash +€19,664
up €19,664 (+34.0%), from €57,887 to €77,551
mainly Depreciation (+€11,914) and Receivables within one year (+€9,422)
- Tangible fixed assets -€9,700
down €9,700 (-30.8%), from €31,463 to €21,763
of which Furniture and vehicles: -€10,667
- Receivables within one year -€9,422
down €9,422 (-92.3%), from €10,204 to €783
of which Trade receivables: -€10,204
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€85,877
down €85,877 (-86.2%), from €99,584 to €13,707
- Taxes -€17,999
down €17,999 (-92.3%), from €19,491 to €1,492
- Depreciation +€8,800
up €8,800 (+282.6%), from €3,114 to €11,914
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 | €101,110 | €101,843 | +€732 | +0.7% |
| Fixed assets | 21/28 | €31,463 | €21,763 | -€9,700 | -30.8% |
| Tangible fixed assets | 22/27 | €31,463 | €21,763 | -€9,700 | -30.8% |
| Plant, machinery and equipment | 23 | €1,976 | €2,943 | +€966 | +48.9% |
| Furniture and vehicles | 24 | €29,487 | €18,820 | -€10,667 | -36.2% |
| Current assets | 29/58 | €69,647 | €80,080 | +€10,433 | +15.0% |
| Amounts receivable within one year | 40/41 | €10,204 | €783 | -€9,422 | -92.3% |
| Trade receivables | 40 | €10,204 | €0 | -€10,204 | -100.0% |
| Other amounts receivable | 41 | - | €783 | +€783 | |
| Cash at bank and in hand | 54/58 | €57,887 | €77,551 | +€19,664 | +34.0% |
| Deferred charges and accrued income | 490/1 | €1,556 | €1,747 | +€191 | +12.2% |
| Total equity and liabilities | 10/49 | €101,110 | €101,843 | +€732 | +0.7% |
| Equity | 10/15 | €79,018 | €78,864 | -€154 | -0.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €76,518 | €76,364 | -€154 | -0.2% |
| Distributable reserves | 133 | €76,518 | €76,364 | -€154 | -0.2% |
| Amounts payable | 17/49 | €22,092 | €22,979 | +€887 | +4.0% |
| Amounts payable within one year | 42/48 | €22,092 | €22,979 | +€887 | +4.0% |
| Trade debts | 44 | €927 | €1,118 | +€191 | +20.6% |
| Suppliers | 440/4 | €927 | €1,118 | +€191 | +20.6% |
| Taxes, remuneration and social security | 45 | €20,582 | €21,007 | +€425 | +2.1% |
| Taxes | 450/3 | €20,582 | €21,007 | +€425 | +2.1% |
| Other amounts payable | 47/48 | €583 | €853 | +€270 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,114 | €11,914 | +€8,800 | +282.6% |
| Other operating charges | 640/8 | €350 | €362 | +€13 | +3.6% |
| Gross operating margin | 9900 | €99,584 | €13,707 | -€85,877 | -86.2% |
| Operating profit (loss) | 9901 | €96,120 | €1,431 | -€94,689 | -98.5% |
| Financial income | 75/76B | €6 | €0 | -€6 | -98.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -98.8% |
| Financial charges | 65/66B | €117 | €93 | -€23 | -20.1% |
| Recurring financial charges | 65 | €117 | €93 | -€23 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €96,009 | €1,337 | -€94,672 | -98.6% |
| Income taxes | 67/77 | €19,491 | €1,492 | -€17,999 | -92.3% |
| Profit (loss) for the period | 9904 | €76,518 | -€154 | -€76,673 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,518 | -€154 | -€76,673 |
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 10 October 2026 via checked.be.