Menapi Informatics: 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.
Menapi Informatics
Largest movements
- Receivables within one year +€16,752
up €16,752 (+31.6%), from €53,004 to €69,757
of which Other amounts receivable: +€17,469
- Cash -€16,438
down €16,438 (-62.4%), from €26,344 to €9,906
mainly Receivables within one year (-€16,752) and Tax, wage and social debts (-€7,455)
- Tangible fixed assets -€4,771
down €4,771 (-17.7%), from €26,941 to €22,170
- Intangible fixed assets +€3,131
new in 2025: €3,131
- Reserves +€10,646
up €10,646 (+4.2%), from €250,577 to €261,222
of which Distributable reserves: +€10,646
- Tax, wage and social debts -€7,455
down €7,455 (-49.5%), from €15,073 to €7,618
- Trade debts -€4,371
down €4,371 (-76.0%), from €5,751 to €1,380
- Gross operating margin +€12,307
up €12,307 (+131.8%), from €9,335 to €21,642
- Taxes +€3,036
up €3,036 (+201.7%), from €1,505 to €4,542
- Other operating charges +€922
up €922 (+69.8%), from €1,321 to €2,243
- Depreciation +€742
up €742 (+15.1%), from €4,899 to €5,640
- Financial charges -€318
down €318 (-12.2%), from €2,611 to €2,293
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 | €273,400 | €272,220 | -€1,180 | -0.4% |
| Fixed assets | 21/28 | €26,941 | €25,301 | -€1,640 | -6.1% |
| Intangible fixed assets | 21 | - | €3,131 | +€3,131 | |
| Tangible fixed assets | 22/27 | €26,941 | €22,170 | -€4,771 | -17.7% |
| Land and buildings | 22 | €6,443 | €5,754 | -€689 | -10.7% |
| Furniture and vehicles | 24 | €3,559 | €1,836 | -€1,723 | -48.4% |
| Other tangible fixed assets | 26 | €16,939 | €14,580 | -€2,359 | -13.9% |
| Current assets | 29/58 | €246,459 | €246,919 | +€460 | +0.2% |
| Amounts receivable after more than one year | 29 | €165,000 | €165,000 | = | 0.0% |
| Other amounts receivable | 291 | €165,000 | €165,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,004 | €69,757 | +€16,752 | +31.6% |
| Trade receivables | 40 | €22,688 | €21,971 | -€716 | -3.2% |
| Other amounts receivable | 41 | €30,317 | €47,786 | +€17,469 | +57.6% |
| Cash at bank and in hand | 54/58 | €26,344 | €9,906 | -€16,438 | -62.4% |
| Deferred charges and accrued income | 490/1 | €2,111 | €2,257 | +€146 | +6.9% |
| Total equity and liabilities | 10/49 | €273,400 | €272,220 | -€1,180 | -0.4% |
| Equity | 10/15 | €252,577 | €263,222 | +€10,646 | +4.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €250,577 | €261,222 | +€10,646 | +4.2% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €244,577 | €255,222 | +€10,646 | +4.4% |
| Amounts payable | 17/49 | €20,823 | €8,998 | -€11,826 | -56.8% |
| Amounts payable within one year | 42/48 | €20,823 | €8,998 | -€11,826 | -56.8% |
| Trade debts | 44 | €5,751 | €1,380 | -€4,371 | -76.0% |
| Suppliers | 440/4 | €5,751 | €1,380 | -€4,371 | -76.0% |
| Taxes, remuneration and social security | 45 | €15,073 | €7,618 | -€7,455 | -49.5% |
| Taxes | 450/3 | €15,073 | €7,618 | -€7,455 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,899 | €5,640 | +€742 | +15.1% |
| Other operating charges | 640/8 | €1,321 | €2,243 | +€922 | +69.8% |
| Gross operating margin | 9900 | €9,335 | €21,642 | +€12,307 | +131.8% |
| Operating profit (loss) | 9901 | €3,116 | €13,759 | +€10,644 | +341.6% |
| Financial income | 75/76B | €3,659 | €3,721 | +€62 | +1.7% |
| Recurring financial income | 75 | €3,659 | €3,721 | +€62 | +1.7% |
| Financial charges | 65/66B | €2,611 | €2,293 | -€318 | -12.2% |
| Recurring financial charges | 65 | €2,611 | €2,293 | -€318 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €4,164 | €15,187 | +€11,024 | +264.8% |
| Income taxes | 67/77 | €1,505 | €4,542 | +€3,036 | +201.7% |
| Profit (loss) for the period | 9904 | €2,658 | €10,646 | +€7,987 | +300.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,658 | €10,646 | +€7,987 | +300.4% |
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 9 October 2026 via checked.be.