Human Minds: 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.
Human Minds
Largest movements
- Cash +€35,256
up €35,256 (+121%), from €29,093 to €64,349
mainly Trade debts (+€49,207) and Tax, wage and social debts (+€28,472)
- Receivables within one year +€28,402
up €28,402 (+12.2%), from €233,423 to €261,825
- Intangible fixed assets +€20,328
up €20,328 (+178%), from €11,388 to €31,716
- Trade debts +€49,207
up €49,207 (+49.1%), from €100,242 to €149,449
- Tax, wage and social debts +€28,472
up €28,472 (+83.5%), from €34,108 to €62,580
of which Taxes: +€32,479
- Profit (loss) carried forward +€23,893
up €23,893 (+5.4%), from -€439,617 to -€415,724
- Other debts -€23,535
down €23,535 (-7.0%), from €335,404 to €311,869
- Staff costs -€117,631
down €117,631 (-28.4%), from €414,459 to €296,828
- Gross operating margin +€8,726
up €8,726 (+2.6%), from €341,351 to €350,077
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.
Derived cash bridge
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 | €280,137 | €363,024 | +€82,887 | +29.6% |
| Formation expenses | 20 | €1,081 | €705 | -€376 | -34.8% |
| Fixed assets | 21/28 | €13,479 | €33,666 | +€20,186 | +150% |
| Intangible fixed assets | 21 | €11,388 | €31,716 | +€20,328 | +178% |
| Tangible fixed assets | 22/27 | €2,091 | €1,950 | -€141 | -6.8% |
| Plant, machinery and equipment | 23 | €2,091 | €1,950 | -€141 | -6.8% |
| Current assets | 29/58 | €265,576 | €328,653 | +€63,077 | +23.8% |
| Amounts receivable within one year | 40/41 | €233,423 | €261,825 | +€28,402 | +12.2% |
| Trade receivables | 40 | €233,423 | €261,825 | +€28,402 | +12.2% |
| Cash at bank and in hand | 54/58 | €29,093 | €64,349 | +€35,256 | +121% |
| Deferred charges and accrued income | 490/1 | €3,061 | €2,479 | -€582 | -19.0% |
| Total equity and liabilities | 10/49 | €280,137 | €363,024 | +€82,887 | +29.6% |
| Equity | 10/15 | -€189,617 | -€165,724 | +€23,893 | +12.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€439,617 | -€415,724 | +€23,893 | +5.4% |
| Amounts payable | 17/49 | €469,754 | €528,748 | +€58,994 | +12.6% |
| Amounts payable within one year | 42/48 | €469,754 | €527,473 | +€57,719 | +12.3% |
| Financial debts | 43 | - | €3,575 | +€3,575 | |
| Credit institutions | 430/8 | - | €3,575 | +€3,575 | |
| Trade debts | 44 | €100,242 | €149,449 | +€49,207 | +49.1% |
| Suppliers | 440/4 | €100,242 | €149,449 | +€49,207 | +49.1% |
| Taxes, remuneration and social security | 45 | €34,108 | €62,580 | +€28,472 | +83.5% |
| Taxes | 450/3 | €3,367 | €35,846 | +€32,479 | +965% |
| Remuneration and social security | 454/9 | €30,741 | €26,733 | -€4,008 | -13.0% |
| Other amounts payable | 47/48 | €335,404 | €311,869 | -€23,535 | -7.0% |
| Accrued charges and deferred income | 492/3 | - | €1,275 | +€1,275 | |
| Remuneration, social security and pensions | 62 | €414,459 | €296,828 | -€117,631 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,920 | €7,788 | +€2,868 | +58.3% |
| Other operating charges | 640/8 | €2,870 | €1,721 | -€1,149 | -40.0% |
| Non-recurring operating charges | 66A | - | €6,676 | +€6,676 | |
| Gross operating margin | 9900 | €341,351 | €350,077 | +€8,726 | +2.6% |
| Operating profit (loss) | 9901 | -€80,897 | €37,064 | +€117,961 | |
| Financial charges | 65/66B | €15,564 | €12,099 | -€3,465 | -22.3% |
| Recurring financial charges | 65 | €15,564 | €12,099 | -€3,465 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€96,461 | €24,965 | +€121,426 | |
| Income taxes | 67/77 | €1,227 | €1,073 | -€155 | -12.6% |
| Profit (loss) for the period | 9904 | -€97,688 | €23,893 | +€121,581 | |
| Profit (loss) for the period to be appropriated | 9905 | -€97,688 | €23,893 | +€121,581 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.