D-MIND: 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.
D-MIND
Largest movements
- Receivables within one year +€248,395
up €248,395 (+968.7%), from €25,643 to €274,038
of which Other amounts receivable: +€274,038
- Tangible fixed assets +€95,667
up €95,667 (+343.3%), from €27,865 to €123,532
of which Furniture and vehicles: +€96,212
- Receivables after one year -€51,924
down €51,924 (-10.4%), from €500,000 to €448,076
- Reserves +€320,047
up €320,047 (+55.2%), from €579,589 to €899,636
- Debts after one year -€43,394
down €43,394 (-100.0%), from €43,394 to €0
- Financial income +€173,566
up €173,566, from €0 to €173,566
of which Non-recurring financial income: +€168,268
- Financial charges -€25,019
down €25,019 (-98.4%), from €25,424 to €405
of which Non-recurring financial charges: -€25,000
- Taxes +€19,799
up €19,799 (+29.7%), from €66,634 to €86,434
- Depreciation +€4,916
up €4,916 (+34.9%), from €14,079 to €18,995
- Gross operating margin +€4,044
up €4,044 (+1.6%), from €249,971 to €254,016
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 | €670,494 | €964,377 | +€293,884 | +43.8% |
| Fixed assets | 21/28 | €27,865 | €123,532 | +€95,667 | +343.3% |
| Tangible fixed assets | 22/27 | €27,865 | €123,532 | +€95,667 | +343.3% |
| Plant, machinery and equipment | 23 | €1,639 | €1,094 | -€545 | -33.2% |
| Furniture and vehicles | 24 | €26,226 | €122,438 | +€96,212 | +366.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €642,629 | €840,845 | +€198,216 | +30.8% |
| Amounts receivable after more than one year | 29 | €500,000 | €448,076 | -€51,924 | -10.4% |
| Other amounts receivable | 291 | €500,000 | €448,076 | -€51,924 | -10.4% |
| Amounts receivable within one year | 40/41 | €25,643 | €274,038 | +€248,395 | +968.7% |
| Trade receivables | 40 | €25,643 | €0 | -€25,643 | -100.0% |
| Other amounts receivable | 41 | - | €274,038 | +€274,038 | |
| Cash at bank and in hand | 54/58 | €116,986 | €117,750 | +€764 | +0.7% |
| Deferred charges and accrued income | 490/1 | - | €981 | +€981 | |
| Total equity and liabilities | 10/49 | €670,494 | €964,377 | +€293,884 | +43.8% |
| Equity | 10/15 | €584,589 | €904,636 | +€320,047 | +54.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €579,589 | €899,636 | +€320,047 | +55.2% |
| Distributable reserves | 133 | €579,589 | €899,636 | +€320,047 | +55.2% |
| Amounts payable | 17/49 | €85,904 | €59,741 | -€26,163 | -30.5% |
| Amounts payable after more than one year | 17 | €43,394 | €0 | -€43,394 | -100.0% |
| Other amounts payable | 178/9 | €43,394 | €0 | -€43,394 | -100.0% |
| Amounts payable within one year | 42/48 | €39,916 | €56,346 | +€16,430 | +41.2% |
| Trade debts | 44 | €752 | €5,873 | +€5,121 | +681.3% |
| Suppliers | 440/4 | €752 | €5,873 | +€5,121 | +681.3% |
| Taxes, remuneration and social security | 45 | €39,164 | €43,120 | +€3,956 | +10.1% |
| Taxes | 450/3 | €39,164 | €43,120 | +€3,956 | +10.1% |
| Other amounts payable | 47/48 | - | €7,353 | +€7,353 | |
| Accrued charges and deferred income | 492/3 | €2,595 | €3,395 | +€800 | +30.8% |
| Non-recurring operating income | 76A | - | €20,055 | +€20,055 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,079 | €18,995 | +€4,916 | +34.9% |
| Other operating charges | 640/8 | €2,295 | €1,701 | -€595 | -25.9% |
| Gross operating margin | 9900 | €249,971 | €254,016 | +€4,044 | +1.6% |
| Operating profit (loss) | 9901 | €233,597 | €233,320 | -€277 | -0.1% |
| Financial income | 75/76B | €0 | €173,566 | +€173,566 | |
| Recurring financial income | 75 | €0 | €5,298 | +€5,298 | |
| Non-recurring financial income | 76B | €0 | €168,268 | +€168,268 | |
| Financial charges | 65/66B | €25,424 | €405 | -€25,019 | -98.4% |
| Recurring financial charges | 65 | €424 | €405 | -€19 | -4.5% |
| Non-recurring financial charges | 66B | €25,000 | €0 | -€25,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €208,173 | €406,480 | +€198,308 | +95.3% |
| Income taxes | 67/77 | €66,634 | €86,434 | +€19,799 | +29.7% |
| Profit (loss) for the period | 9904 | €141,538 | €320,047 | +€178,508 | +126.1% |
| Profit (loss) for the period to be appropriated | 9905 | €141,538 | €320,047 | +€178,508 | +126.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.