MIN: 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.
MIN
Largest movements
- Cash +€22,084
up €22,084 (+1775.3%), from €1,244 to €23,328
mainly Net result for the year (+€33,481) and Trade debts (+€17,049)
- Tangible fixed assets +€21,424
up €21,424 (+34.6%), from €61,959 to €83,383
of which Other tangible fixed assets: +€24,228
- Receivables within one year +€14,930
up €14,930 (+81.5%), from €18,317 to €33,247
of which Trade receivables: +€21,317
- Profit (loss) carried forward +€33,481
up €33,481 (+49.2%), from -€68,086 to -€34,605
- Trade debts +€17,049
up €17,049 (+61.1%), from €27,926 to €44,975
- Tax, wage and social debts +€6,239
up €6,239 (+4912.5%), from €127 to €6,366
of which Remuneration and social security: +€6,366
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Other debts -€4,530
down €4,530 (-3.9%), from €115,506 to €110,976
- Gross operating margin +€106,056
up €106,056, from -€10,649 to €95,407
- Staff costs +€45,036
new in 2024: €45,036
- Depreciation +€3,506
up €3,506 (+28.6%), from €12,269 to €15,775
- Other operating charges -€1,037
down €1,037 (-63.6%), from €1,630 to €593
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,873 | €146,312 | +€58,439 | +66.5% |
| Fixed assets | 21/28 | €64,659 | €86,083 | +€21,424 | +33.1% |
| Tangible fixed assets | 22/27 | €61,959 | €83,383 | +€21,424 | +34.6% |
| Plant, machinery and equipment | 23 | €16,586 | €12,891 | -€3,695 | -22.3% |
| Furniture and vehicles | 24 | €1,775 | €2,666 | +€891 | +50.2% |
| Other tangible fixed assets | 26 | €43,598 | €67,826 | +€24,228 | +55.6% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €23,214 | €60,229 | +€37,015 | +159.5% |
| Stocks and contracts in progress | 3 | €3,653 | €3,653 | +€0 | 0.0% |
| Stocks | 30/36 | €3,653 | €3,653 | +€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €18,317 | €33,247 | +€14,930 | +81.5% |
| Trade receivables | 40 | €7,229 | €28,546 | +€21,317 | +294.9% |
| Other amounts receivable | 41 | €11,088 | €4,702 | -€6,386 | -57.6% |
| Cash at bank and in hand | 54/58 | €1,244 | €23,328 | +€22,084 | +1775.3% |
| Total equity and liabilities | 10/49 | €87,873 | €146,312 | +€58,439 | +66.5% |
| Equity | 10/15 | -€55,686 | -€16,005 | +€39,681 | +71.3% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Profit (loss) carried forward | 14 | -€68,086 | -€34,605 | +€33,481 | +49.2% |
| Amounts payable | 17/49 | €143,559 | €162,317 | +€18,758 | +13.1% |
| Amounts payable within one year | 42/48 | €143,559 | €162,317 | +€18,758 | +13.1% |
| Trade debts | 44 | €27,926 | €44,975 | +€17,049 | +61.1% |
| Suppliers | 440/4 | €27,926 | €44,975 | +€17,049 | +61.1% |
| Taxes, remuneration and social security | 45 | €127 | €6,366 | +€6,239 | +4912.5% |
| Taxes | 450/3 | €127 | - | -€127 | |
| Remuneration and social security | 454/9 | - | €6,366 | +€6,366 | |
| Other amounts payable | 47/48 | €115,506 | €110,976 | -€4,530 | -3.9% |
| Remuneration, social security and pensions | 62 | - | €45,036 | +€45,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,269 | €15,775 | +€3,506 | +28.6% |
| Other operating charges | 640/8 | €1,630 | €593 | -€1,037 | -63.6% |
| Gross operating margin | 9900 | -€10,649 | €95,407 | +€106,056 | |
| Operating profit (loss) | 9901 | -€24,548 | €34,003 | +€58,551 | |
| Financial charges | 65/66B | €67 | €522 | +€455 | +678.7% |
| Recurring financial charges | 65 | €67 | €522 | +€455 | +678.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,615 | €33,481 | +€58,096 | |
| Profit (loss) for the period | 9904 | -€24,615 | €33,481 | +€58,096 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,615 | €33,481 | +€58,096 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.