MaNysCo: 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.
MaNysCo
Largest movements
- Receivables within one year +€11,666
new in 2025: €11,666
of which Trade receivables: +€11,559
- Cash -€2,853
down €2,853 (-2.8%), from €103,119 to €100,266
mainly Receivables within one year (-€11,666) and Tax, wage and social debts (-€6,675)
- Reserves +€15,135
up €15,135 (+17.4%), from €87,146 to €102,281
- Tax, wage and social debts -€6,675
down €6,675 (-64.4%), from €10,361 to €3,686
- Gross operating margin -€4,509
down €4,509 (-16.0%), from €28,147 to €23,638
- Taxes -€892
down €892 (-9.8%), from €9,103 to €8,211
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 | €103,429 | €112,044 | +€8,615 | +8.3% |
| Formation expenses | 20 | €309 | €111 | -€198 | -64.1% |
| Fixed assets | 21/28 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €103,119 | €111,932 | +€8,813 | +8.5% |
| Amounts receivable within one year | 40/41 | - | €11,666 | +€11,666 | |
| Trade receivables | 40 | - | €11,559 | +€11,559 | |
| Other amounts receivable | 41 | - | €107 | +€107 | |
| Cash at bank and in hand | 54/58 | €103,119 | €100,266 | -€2,853 | -2.8% |
| Total equity and liabilities | 10/49 | €103,429 | €112,044 | +€8,615 | +8.3% |
| Equity | 10/15 | €92,146 | €107,281 | +€15,135 | +16.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €87,146 | €102,281 | +€15,135 | +17.4% |
| Distributable reserves | 133 | €87,146 | €102,281 | +€15,135 | +17.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,283 | €4,763 | -€6,520 | -57.8% |
| Amounts payable within one year | 42/48 | €11,283 | €4,763 | -€6,520 | -57.8% |
| Trade debts | 44 | €28 | €237 | +€209 | +746.4% |
| Suppliers | 440/4 | €28 | €237 | +€209 | +746.4% |
| Taxes, remuneration and social security | 45 | €10,361 | €3,686 | -€6,675 | -64.4% |
| Taxes | 450/3 | €10,361 | €3,686 | -€6,675 | -64.4% |
| Other amounts payable | 47/48 | €894 | €840 | -€54 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €427 | €199 | -€228 | -53.4% |
| Other operating charges | 640/8 | €191 | €193 | +€2 | +1.0% |
| Non-recurring operating charges | 66A | €476 | - | -€476 | |
| Gross operating margin | 9900 | €28,147 | €23,638 | -€4,509 | -16.0% |
| Operating profit (loss) | 9901 | €27,053 | €23,246 | -€3,807 | -14.1% |
| Financial income | 75/76B | €716 | €987 | +€271 | +37.8% |
| Recurring financial income | 75 | €716 | €987 | +€271 | +37.8% |
| Financial charges | 65/66B | €166 | €47 | -€119 | -71.7% |
| Recurring financial charges | 65 | €47 | €47 | = | 0.0% |
| Non-recurring financial charges | 66B | €119 | - | -€119 | |
| Profit (loss) for the period before taxes | 9903 | €27,603 | €24,186 | -€3,417 | -12.4% |
| Income taxes | 67/77 | €9,103 | €8,211 | -€892 | -9.8% |
| Profit (loss) for the period | 9904 | €18,500 | €15,975 | -€2,525 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,500 | €15,975 | -€2,525 | -13.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.