GMind analytics: 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.
GMind analytics
Largest movements
- Cash -€18,241
down €18,241 (-33.9%), from €53,793 to €35,552
mainly Contributions, distributions and other (-€37,400) and Tax, wage and social debts (-€13,265)
- Receivables within one year +€9,911
up €9,911 (+33.1%), from €29,952 to €39,863
of which Trade receivables: +€9,466
- Tangible fixed assets -€1,581
down €1,581 (-20.2%), from €7,810 to €6,230
of which Furniture and vehicles: -€2,053
- Tax, wage and social debts -€13,265
down €13,265 (-68.2%), from €19,446 to €6,181
of which Taxes: -€13,265
- Other debts +€7,400
up €7,400 (+24.6%), from €30,035 to €37,435
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Current portion of long-term debt -€1,565
no longer reported in 2025 (was €1,565)
- Depreciation -€8,214
down €8,214 (-74.0%), from €11,099 to €2,885
- Gross operating margin -€3,449
down €3,449 (-6.7%), from €51,637 to €48,188
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 | €92,075 | €82,527 | -€9,548 | -10.4% |
| Fixed assets | 21/28 | €7,810 | €6,230 | -€1,581 | -20.2% |
| Tangible fixed assets | 22/27 | €7,810 | €6,230 | -€1,581 | -20.2% |
| Land and buildings | 22 | €4,946 | €5,419 | +€473 | +9.6% |
| Furniture and vehicles | 24 | €2,864 | €811 | -€2,053 | -71.7% |
| Current assets | 29/58 | €84,264 | €76,297 | -€7,967 | -9.5% |
| Amounts receivable within one year | 40/41 | €29,952 | €39,863 | +€9,911 | +33.1% |
| Trade receivables | 40 | €29,952 | €39,419 | +€9,466 | +31.6% |
| Other amounts receivable | 41 | - | €444 | +€444 | |
| Cash at bank and in hand | 54/58 | €53,793 | €35,552 | -€18,241 | -33.9% |
| Deferred charges and accrued income | 490/1 | €519 | €882 | +€363 | +70.0% |
| Total equity and liabilities | 10/49 | €92,075 | €82,527 | -€9,548 | -10.4% |
| Equity | 10/15 | €21,327 | €18,669 | -€2,658 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €867 | €69 | -€798 | -92.1% |
| Amounts payable | 17/49 | €70,748 | €63,858 | -€6,890 | -9.7% |
| Amounts payable within one year | 42/48 | €70,721 | €63,858 | -€6,863 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €1,565 | - | -€1,565 | |
| Trade debts | 44 | €19,675 | €20,242 | +€567 | +2.9% |
| Suppliers | 440/4 | €19,675 | €20,242 | +€567 | +2.9% |
| Taxes, remuneration and social security | 45 | €19,446 | €6,181 | -€13,265 | -68.2% |
| Taxes | 450/3 | €16,946 | €3,681 | -€13,265 | -78.3% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €30,035 | €37,435 | +€7,400 | +24.6% |
| Accrued charges and deferred income | 492/3 | €27 | - | -€27 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,099 | €2,885 | -€8,214 | -74.0% |
| Other operating charges | 640/8 | €1,007 | €884 | -€123 | -12.2% |
| Gross operating margin | 9900 | €51,637 | €48,188 | -€3,449 | -6.7% |
| Operating profit (loss) | 9901 | €39,531 | €44,418 | +€4,887 | +12.4% |
| Financial charges | 65/66B | €190 | €118 | -€72 | -37.9% |
| Recurring financial charges | 65 | €190 | €118 | -€72 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €39,341 | €44,300 | +€4,959 | +12.6% |
| Income taxes | 67/77 | €9,289 | €9,559 | +€269 | +2.9% |
| Profit (loss) for the period | 9904 | €30,052 | €34,742 | +€4,690 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,052 | €34,742 | +€4,690 | +15.6% |
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 1 October 2026 via checked.be.