Mastermind: 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.
Mastermind
Largest movements
- Receivables within one year +€3,082
up €3,082 (+171%), from €1,803 to €4,885
of which Trade receivables: +€4,270
- Cash -€2,140
down €2,140 (-18.8%), from €11,355 to €9,215
mainly Receivables within one year (-€3,082) and Tax, wage and social debts (-€3)
- Deferred charges and accrued income -€206
down €206 (-100%), from €206 to €0
- Profit (loss) carried forward +€615
up €615 (+2.9%), from -€21,478 to -€20,863
- Gross operating margin +€2,388
up €2,388, from -€1,361 to €1,028
- Other operating charges -€132
down €132 (-35.1%), from €376 to €244
- Financial charges -€34
down €34 (-47.2%), from €72 to €38
- Financial income -€17
down €17 (-100%), from €17 to €0
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 | €13,363 | €14,100 | +€736 | +5.5% |
| Current assets | 29/58 | €13,363 | €14,100 | +€736 | +5.5% |
| Amounts receivable within one year | 40/41 | €1,803 | €4,885 | +€3,082 | +171% |
| Trade receivables | 40 | €0 | €4,270 | +€4,270 | |
| Other amounts receivable | 41 | €1,803 | €615 | -€1,188 | -65.9% |
| Cash at bank and in hand | 54/58 | €11,355 | €9,215 | -€2,140 | -18.8% |
| Deferred charges and accrued income | 490/1 | €206 | €0 | -€206 | -100% |
| Total equity and liabilities | 10/49 | €13,363 | €14,100 | +€736 | +5.5% |
| Equity | 10/15 | €11,405 | €12,020 | +€615 | +5.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,483 | €20,483 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,400 | €1,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,400 | €1,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,583 | €2,583 | = | 0.0% |
| Distributable reserves | 133 | €16,500 | €16,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,478 | -€20,863 | +€615 | +2.9% |
| Amounts payable | 17/49 | €1,959 | €2,080 | +€121 | +6.2% |
| Amounts payable within one year | 42/48 | €459 | €580 | +€121 | +26.4% |
| Trade debts | 44 | €0 | €124 | +€124 | |
| Suppliers | 440/4 | €0 | €124 | +€124 | |
| Taxes, remuneration and social security | 45 | €140 | €137 | -€3 | -2.4% |
| Taxes | 450/3 | €140 | €137 | -€3 | -2.4% |
| Other amounts payable | 47/48 | €319 | €319 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €376 | €244 | -€132 | -35.1% |
| Gross operating margin | 9900 | -€1,361 | €1,028 | +€2,388 | |
| Operating profit (loss) | 9901 | -€1,737 | €784 | +€2,520 | |
| Financial income | 75/76B | €17 | €0 | -€17 | -100% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -100% |
| Financial charges | 65/66B | €72 | €38 | -€34 | -47.2% |
| Recurring financial charges | 65 | €72 | €38 | -€34 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,791 | €746 | +€2,537 | |
| Income taxes | 67/77 | €137 | €131 | -€6 | -4.4% |
| Profit (loss) for the period | 9904 | -€1,928 | €615 | +€2,543 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,928 | €615 | +€2,543 |
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 13 October 2026 via checked.be.