eMind: 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.
eMind
Largest movements
- Receivables within one year +€33,735
up €33,735 (+77.0%), from €43,798 to €77,533
of which Trade receivables: +€22,950
- Cash -€16,415
down €16,415 (-13.2%), from €124,770 to €108,355
mainly Contributions, distributions and other (-€116,019) and Receivables within one year (-€33,735)
- Tangible fixed assets -€4,346
down €4,346 (-36.0%), from €12,059 to €7,713
of which Furniture and vehicles: -€3,998
- Other debts +€91,019
up €91,019 (+364.1%), from €25,000 to €116,019
- Reserves -€81,772
down €81,772 (-63.9%), from €127,981 to €46,209
- Tax, wage and social debts +€3,771
up €3,771 (+20.0%), from €18,848 to €22,619
- Gross operating margin -€32,575
down €32,575 (-34.6%), from €94,213 to €61,639
- Taxes -€11,190
down €11,190 (-50.6%), from €22,117 to €10,927
- Staff costs +€5,181
up €5,181 (+462.7%), from €1,120 to €6,301
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 | €182,569 | €195,596 | +€13,027 | +7.1% |
| Fixed assets | 21/28 | €12,059 | €7,713 | -€4,346 | -36.0% |
| Tangible fixed assets | 22/27 | €12,059 | €7,713 | -€4,346 | -36.0% |
| Plant, machinery and equipment | 23 | €1,267 | €919 | -€347 | -27.4% |
| Furniture and vehicles | 24 | €10,792 | €6,794 | -€3,998 | -37.0% |
| Current assets | 29/58 | €170,510 | €187,883 | +€17,373 | +10.2% |
| Amounts receivable within one year | 40/41 | €43,798 | €77,533 | +€33,735 | +77.0% |
| Trade receivables | 40 | €28,055 | €51,005 | +€22,950 | +81.8% |
| Other amounts receivable | 41 | €15,742 | €26,527 | +€10,785 | +68.5% |
| Cash at bank and in hand | 54/58 | €124,770 | €108,355 | -€16,415 | -13.2% |
| Deferred charges and accrued income | 490/1 | €1,942 | €1,995 | +€53 | +2.7% |
| Total equity and liabilities | 10/49 | €182,569 | €195,596 | +€13,027 | +7.1% |
| Equity | 10/15 | €132,981 | €51,209 | -€81,772 | -61.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €127,981 | €46,209 | -€81,772 | -63.9% |
| Distributable reserves | 133 | €127,981 | €46,209 | -€81,772 | -63.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,588 | €144,387 | +€94,799 | +191.2% |
| Amounts payable within one year | 42/48 | €49,588 | €144,387 | +€94,799 | +191.2% |
| Trade debts | 44 | €5,741 | €5,750 | +€9 | +0.2% |
| Suppliers | 440/4 | €5,741 | €5,750 | +€9 | +0.2% |
| Taxes, remuneration and social security | 45 | €18,848 | €22,619 | +€3,771 | +20.0% |
| Taxes | 450/3 | €18,848 | €22,619 | +€3,771 | +20.0% |
| Other amounts payable | 47/48 | €25,000 | €116,019 | +€91,019 | +364.1% |
| Remuneration, social security and pensions | 62 | €1,120 | €6,301 | +€5,181 | +462.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,275 | €6,573 | +€298 | +4.8% |
| Other operating charges | 640/8 | €1,718 | €1,823 | +€105 | +6.1% |
| Gross operating margin | 9900 | €94,213 | €61,639 | -€32,575 | -34.6% |
| Operating profit (loss) | 9901 | €85,100 | €46,941 | -€38,159 | -44.8% |
| Financial income | 75/76B | €171 | €504 | +€333 | +195.4% |
| Recurring financial income | 75 | €171 | €504 | +€333 | +195.4% |
| Financial charges | 65/66B | €2,143 | €2,271 | +€129 | +6.0% |
| Recurring financial charges | 65 | €2,143 | €2,271 | +€129 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €83,128 | €45,174 | -€37,954 | -45.7% |
| Income taxes | 67/77 | €22,117 | €10,927 | -€11,190 | -50.6% |
| Profit (loss) for the period | 9904 | €61,011 | €34,247 | -€26,764 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,011 | €34,247 | -€26,764 | -43.9% |
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.