Algemene onderneming MND: 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.
Algemene onderneming MND
Largest movements
- Cash -€72,562
down €72,562 (-61.3%), from €118,316 to €45,754
mainly Trade debts (-€35,708) and Investment in fixed assets (net) (-€34,540)
- Stocks and contracts +€32,462
up €32,462 (+22.0%), from €147,389 to €179,851
of which Stocks: +€61,335
- Tangible fixed assets +€11,854
up €11,854 (+14.2%), from €83,725 to €95,579
of which Plant, machinery and equipment: +€18,764
- Receivables within one year -€9,331
down €9,331 (-51.4%), from €18,170 to €8,838
of which Other amounts receivable: -€10,379
- Trade debts -€35,708
down €35,708 (-81.4%), from €43,843 to €8,134
- Other debts -€11,735
down €11,735 (-5.0%), from €233,645 to €221,910
- Reserves +€9,174
up €9,174 (+10.9%), from €83,813 to €92,987
- Gross operating margin -€58,063
down €58,063 (-60.0%), from €96,821 to €38,757
- Taxes -€14,588
down €14,588 (-77.6%), from €18,794 to €4,206
- Write-downs +€2,080
new in 2025: €2,080
- Depreciation +€1,669
up €1,669 (+7.9%), from €21,017 to €22,686
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 | €369,485 | €331,216 | -€38,269 | -10.4% |
| Fixed assets | 21/28 | €83,725 | €95,579 | +€11,854 | +14.2% |
| Tangible fixed assets | 22/27 | €83,725 | €95,579 | +€11,854 | +14.2% |
| Plant, machinery and equipment | 23 | €33,700 | €52,464 | +€18,764 | +55.7% |
| Furniture and vehicles | 24 | €50,024 | €43,115 | -€6,910 | -13.8% |
| Current assets | 29/58 | €285,760 | €235,637 | -€50,123 | -17.5% |
| Stocks and contracts in progress | 3 | €147,389 | €179,851 | +€32,462 | +22.0% |
| Stocks | 30/36 | €118,515 | €179,851 | +€61,335 | +51.8% |
| Contracts in progress | 37 | €28,873 | - | -€28,873 | |
| Amounts receivable within one year | 40/41 | €18,170 | €8,838 | -€9,331 | -51.4% |
| Trade receivables | 40 | €828 | €1,876 | +€1,048 | +126.6% |
| Other amounts receivable | 41 | €17,342 | €6,963 | -€10,379 | -59.9% |
| Cash at bank and in hand | 54/58 | €118,316 | €45,754 | -€72,562 | -61.3% |
| Deferred charges and accrued income | 490/1 | €1,886 | €1,193 | -€692 | -36.7% |
| Total equity and liabilities | 10/49 | €369,485 | €331,216 | -€38,269 | -10.4% |
| Equity | 10/15 | €91,997 | €101,171 | +€9,174 | +10.0% |
| Contributions | 10/11 | €8,184 | €8,184 | = | 0.0% |
| Reserves | 13 | €83,813 | €92,987 | +€9,174 | +10.9% |
| Distributable reserves | 133 | €83,813 | €92,987 | +€9,174 | +10.9% |
| Amounts payable | 17/49 | €277,488 | €230,044 | -€47,443 | -17.1% |
| Amounts payable within one year | 42/48 | €277,488 | €230,044 | -€47,443 | -17.1% |
| Trade debts | 44 | €43,843 | €8,134 | -€35,708 | -81.4% |
| Suppliers | 440/4 | €43,843 | €8,134 | -€35,708 | -81.4% |
| Other amounts payable | 47/48 | €233,645 | €221,910 | -€11,735 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,017 | €22,686 | +€1,669 | +7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,080 | +€2,080 | |
| Other operating charges | 640/8 | €517 | €540 | +€23 | +4.4% |
| Gross operating margin | 9900 | €96,821 | €38,757 | -€58,063 | -60.0% |
| Operating profit (loss) | 9901 | €75,286 | €13,451 | -€61,835 | -82.1% |
| Financial income | 75/76B | €0 | €43 | +€43 | +8681.6% |
| Recurring financial income | 75 | €0 | €43 | +€43 | +8681.6% |
| Financial charges | 65/66B | €111 | €114 | +€3 | +2.6% |
| Recurring financial charges | 65 | €111 | €114 | +€3 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €75,176 | €13,380 | -€61,796 | -82.2% |
| Income taxes | 67/77 | €18,794 | €4,206 | -€14,588 | -77.6% |
| Profit (loss) for the period | 9904 | €56,382 | €9,174 | -€47,208 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,382 | €9,174 | -€47,208 | -83.7% |
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 4 October 2026 via checked.be.