FinMind: 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.
FinMind
Largest movements
- Receivables within one year +€17,615
up €17,615 (+127.3%), from €13,838 to €31,453
of which Trade receivables: +€17,460
- Cash -€8,172
down €8,172 (-12.5%), from €65,224 to €57,052
mainly Contributions, distributions and other (-€30,000) and Receivables within one year (-€17,615)
- Tangible fixed assets -€1,818
down €1,818 (-20.9%), from €8,695 to €6,876
of which Plant, machinery and equipment: -€1,474
- Deferred charges and accrued income +€1,467
up €1,467 (+1125.5%), from €130 to €1,598
- Reserves +€20,000
new in 2026: €20,000
- Other debts -€15,000
down €15,000 (-33.3%), from €45,000 to €30,000
- Profit (loss) carried forward +€4,596
up €4,596 (+41.7%), from €11,028 to €15,623
- Turnover -€157,080
no longer reported in 2026 (was €157,080)
- Gross operating margin -€58,218
down €58,218 (-44.0%), from €132,241 to €74,023
- Staff costs -€57,808
no longer reported in 2026 (was €57,808)
- Purchases and services -€24,839
no longer reported in 2026 (was €24,839)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,887 | €96,978 | +€9,092 | +10.3% |
| Fixed assets | 21/28 | €8,695 | €6,876 | -€1,818 | -20.9% |
| Tangible fixed assets | 22/27 | €8,695 | €6,876 | -€1,818 | -20.9% |
| Plant, machinery and equipment | 23 | €6,260 | €4,786 | -€1,474 | -23.5% |
| Furniture and vehicles | 24 | €2,434 | €2,090 | -€345 | -14.2% |
| Current assets | 29/58 | €79,192 | €90,102 | +€10,910 | +13.8% |
| Amounts receivable within one year | 40/41 | €13,838 | €31,453 | +€17,615 | +127.3% |
| Trade receivables | 40 | €13,576 | €31,037 | +€17,460 | +128.6% |
| Other amounts receivable | 41 | €262 | €416 | +€154 | +58.9% |
| Cash at bank and in hand | 54/58 | €65,224 | €57,052 | -€8,172 | -12.5% |
| Deferred charges and accrued income | 490/1 | €130 | €1,598 | +€1,467 | +1125.5% |
| Total equity and liabilities | 10/49 | €87,887 | €96,978 | +€9,092 | +10.3% |
| Equity | 10/15 | €21,028 | €45,623 | +€24,596 | +117.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €11,028 | €15,623 | +€4,596 | +41.7% |
| Amounts payable | 17/49 | €66,859 | €51,355 | -€15,504 | -23.2% |
| Amounts payable within one year | 42/48 | €66,859 | €51,354 | -€15,505 | -23.2% |
| Trade debts | 44 | €1,862 | €1,617 | -€245 | -13.2% |
| Suppliers | 440/4 | €1,862 | €1,617 | -€245 | -13.2% |
| Taxes, remuneration and social security | 45 | €19,997 | €19,737 | -€259 | -1.3% |
| Taxes | 450/3 | €19,997 | €19,737 | -€259 | -1.3% |
| Other amounts payable | 47/48 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Turnover | 70 | €157,080 | - | -€157,080 | |
| Goods, raw materials, services and sundry goods | 60/61 | €24,839 | - | -€24,839 | |
| Remuneration, social security and pensions | 62 | €57,808 | - | -€57,808 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €786 | €2,017 | +€1,231 | +156.7% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | €132,241 | €74,023 | -€58,218 | -44.0% |
| Operating profit (loss) | 9901 | €73,648 | €71,694 | -€1,954 | -2.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,756 | €2,786 | +€30 | +1.1% |
| Recurring financial charges | 65 | €2,756 | €2,786 | +€30 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €70,892 | €68,908 | -€1,983 | -2.8% |
| Income taxes | 67/77 | €14,864 | €14,313 | -€551 | -3.7% |
| Profit (loss) for the period | 9904 | €56,028 | €54,596 | -€1,432 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,028 | €54,596 | -€1,432 | -2.6% |
Source: filed annual accounts (NBB), financial years ended 31 May 2025 and 31 May 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.