Frères Mineurs: what changed
What changed
Frères Mineurs
NACE 94.910, Activities of religious organisations
filed annual accounts (NBB)
Net result for the year
-€239,534
2024 · -€222,077-€17,457
Equity
€9.7m
2024 · €8.9m+€769,692
Cash
€1.2m
2024 · €1.2m+€28,198
Balance sheet total
€10.0m
2024 · €9.2m+€746,406
Largest movements
Assets
- Tangible fixed assets +€943,833
up €943,833 (+20.9%), from €4.5m to €5.4m
of which Land and buildings: +€1.0m
- Current investments -€228,999
down €228,999 (-6.6%), from €3.5m to €3.2m
Equity and liabilities
- Revaluation surpluses +€1.0m
up €1.0m (+115%), from €870,000 to €1.9m
- Profit (loss) carried forward -€239,534
down €239,534 (-48.9%), from €490,275 to €250,741
Income statement
- Staff costs +€149,551
up €149,551 (+28.7%), from €521,364 to €670,915
- Financial income +€77,911
up €77,911 (+221%), from €35,193 to €113,105
- Depreciation -€57,791
down €57,791 (-45.4%), from €127,325 to €69,534
- Gross operating margin +€14,545
up €14,545 (+2.5%), from €586,028 to €600,574
- Financial charges +€12,047
up €12,047 (+393%), from €3,068 to €15,116
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€222,077
Gross operating margin
+€14,545
Staff costs
-€149,551
Depreciation
+€57,791
Other operating charges
-€4,077
Other operating items
-€2,030
Financial income
+€77,911
Financial charges
-€12,047
Result 2025
-€239,534
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€196,661
Investment
-€784,367
Financing
+€1.0m
Cash 2024
€1.2m
From operations (derived)
-€196,661
Net result for the year
-€239,534
Depreciation
+€69,534
Smaller working-capital items
+€447
Receivables within one year
+€8,001
Deferred charges and accrued income
-€12,074
Debts within one year
-€23,036
Investment (derived)
-€784,367
Investment in fixed assets (net)
-€1.0m
Current investments
+€228,999
Financing
+€1.0m
Contributions, distributions and other
+€1.0m
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,230,129 | €9,976,536 | +€746,406 | +8.1% |
| Fixed assets | 21/28 | €4,505,519 | €5,449,352 | +€943,833 | +20.9% |
| Tangible fixed assets | 22/27 | €4,505,519 | €5,449,352 | +€943,833 | +20.9% |
| Land and buildings | 22 | €4,090,000 | €5,090,000 | +€1.0m | +24.4% |
| Plant, machinery and equipment | 23 | €93,903 | €83,069 | -€10,833 | -11.5% |
| Furniture and vehicles | 24 | €142,110 | €134,780 | -€7,330 | -5.2% |
| Other tangible fixed assets | 26 | €179,507 | €141,503 | -€38,004 | -21.2% |
| Current assets | 29/58 | €4,724,610 | €4,527,184 | -€197,426 | -4.2% |
| Amounts receivable after more than one year | 29 | €697 | - | -€697 | |
| Other amounts receivable | 291 | €697 | - | -€697 | |
| Amounts receivable within one year | 40/41 | €55,062 | €47,061 | -€8,001 | -14.5% |
| Trade receivables | 40 | €2,276 | - | -€2,276 | |
| Other amounts receivable | 41 | €52,786 | €47,061 | -€5,725 | -10.8% |
| Current investments | 50/53 | €3,455,857 | €3,226,857 | -€228,999 | -6.6% |
| Cash at bank and in hand | 54/58 | €1,212,777 | €1,240,975 | +€28,198 | +2.3% |
| Deferred charges and accrued income | 490/1 | €217 | €12,291 | +€12,074 | +5,558% |
| Total equity and liabilities | 10/49 | €9,230,129 | €9,976,536 | +€746,406 | +8.1% |
| Equity | 10/15 | €8,935,275 | €9,704,967 | +€769,692 | +8.6% |
| Contributions | 10/11 | €7,000,000 | €7,009,226 | +€9,226 | +0.1% |
| Capital | 10 | €7,000,000 | €7,009,226 | +€9,226 | +0.1% |
| Revaluation surpluses | 12 | €870,000 | €1,870,000 | +€1.0m | +115% |
| Reserves | 13 | €575,000 | €575,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €490,275 | €250,741 | -€239,534 | -48.9% |
| Amounts payable | 17/49 | €294,855 | €271,569 | -€23,286 | -7.9% |
| Amounts payable within one year | 42/48 | €294,605 | €271,569 | -€23,036 | -7.8% |
| Trade debts | 44 | €63,177 | €62,519 | -€657 | -1.0% |
| Suppliers | 440/4 | €63,177 | €62,519 | -€657 | -1.0% |
| Taxes, remuneration and social security | 45 | €69,174 | €71,547 | +€2,373 | +3.4% |
| Taxes | 450/3 | €23,173 | €16,634 | -€6,539 | -28.2% |
| Remuneration and social security | 454/9 | €46,001 | €54,913 | +€8,912 | +19.4% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Non-recurring operating income | 76A | €8,611 | €3,506 | -€5,105 | -59.3% |
| Remuneration, social security and pensions | 62 | €521,364 | €670,915 | +€149,551 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,325 | €69,534 | -€57,791 | -45.4% |
| Other operating charges | 640/8 | €190,316 | €194,393 | +€4,077 | +2.1% |
| Non-recurring operating charges | 66A | €1,225 | €3,255 | +€2,030 | +166% |
| Gross operating margin | 9900 | €586,028 | €600,574 | +€14,545 | +2.5% |
| Operating profit (loss) | 9901 | -€254,202 | -€337,523 | -€83,321 | -32.8% |
| Financial income | 75/76B | €35,193 | €113,105 | +€77,911 | +221% |
| Recurring financial income | 75 | €35,193 | €113,105 | +€77,911 | +221% |
| Financial charges | 65/66B | €3,068 | €15,116 | +€12,047 | +393% |
| Recurring financial charges | 65 | €3,068 | €15,116 | +€12,047 | +393% |
| Profit (loss) for the period before taxes | 9903 | -€222,077 | -€239,534 | -€17,457 | -7.9% |
| Profit (loss) for the period | 9904 | -€222,077 | -€239,534 | -€17,457 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€222,077 | -€239,534 | -€17,457 | -7.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.