MIN ESTATE: 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 ESTATE
Largest movements
- Receivables within one year -€9,652
down €9,652 (-91.4%), from €10,559 to €908
of which Trade receivables: -€9,652
- Tangible fixed assets -€7,052
down €7,052 (-23.5%), from €30,009 to €22,956
of which Furniture and vehicles: -€6,945
- Cash +€2,786
up €2,786 (+140.6%), from €1,982 to €4,768
mainly Receivables within one year (+€9,652) and Depreciation (+€8,124)
- Other debts -€11,851
down €11,851 (-66.5%), from €17,808 to €5,958
- Current portion of long-term debt -€7,513
down €7,513 (-100.0%), from €7,513 to €0
- Profit (loss) carried forward +€5,082
up €5,082 (+145.2%), from €3,500 to €8,582
- Trade debts +€841
up €841 (+38.9%), from €2,159 to €2,999
- Tax, wage and social debts -€478
down €478 (-6.3%), from €7,570 to €7,092
- Gross operating margin +€7,464
up €7,464 (+67.4%), from €11,079 to €18,542
- Taxes +€2,139
up €2,139 (+248.1%), from €862 to €3,001
- Financial charges +€868
up €868 (+153.0%), from €567 to €1,435
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 | €42,550 | €28,631 | -€13,918 | -32.7% |
| Fixed assets | 21/28 | €30,009 | €22,956 | -€7,052 | -23.5% |
| Tangible fixed assets | 22/27 | €30,009 | €22,956 | -€7,052 | -23.5% |
| Plant, machinery and equipment | 23 | €363 | €255 | -€107 | -29.6% |
| Furniture and vehicles | 24 | €29,646 | €22,701 | -€6,945 | -23.4% |
| Current assets | 29/58 | €12,541 | €5,675 | -€6,866 | -54.7% |
| Amounts receivable within one year | 40/41 | €10,559 | €908 | -€9,652 | -91.4% |
| Trade receivables | 40 | €10,559 | €908 | -€9,652 | -91.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,982 | €4,768 | +€2,786 | +140.6% |
| Total equity and liabilities | 10/49 | €42,550 | €28,631 | -€13,918 | -32.7% |
| Equity | 10/15 | €7,500 | €12,582 | +€5,082 | +67.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,500 | €8,582 | +€5,082 | +145.2% |
| Amounts payable | 17/49 | €35,050 | €16,049 | -€19,001 | -54.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,050 | €16,049 | -€19,001 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €7,513 | €0 | -€7,513 | -100.0% |
| Trade debts | 44 | €2,159 | €2,999 | +€841 | +38.9% |
| Suppliers | 440/4 | €2,159 | €2,999 | +€841 | +38.9% |
| Taxes, remuneration and social security | 45 | €7,570 | €7,092 | -€478 | -6.3% |
| Taxes | 450/3 | €7,570 | €7,092 | -€478 | -6.3% |
| Other amounts payable | 47/48 | €17,808 | €5,958 | -€11,851 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,943 | €8,124 | +€181 | +2.3% |
| Other operating charges | 640/8 | €993 | €900 | -€93 | -9.4% |
| Gross operating margin | 9900 | €11,079 | €18,542 | +€7,464 | +67.4% |
| Operating profit (loss) | 9901 | €2,143 | €9,518 | +€7,375 | +344.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €567 | €1,435 | +€868 | +153.0% |
| Recurring financial charges | 65 | €567 | €1,435 | +€868 | +153.0% |
| Profit (loss) for the period before taxes | 9903 | €1,576 | €8,083 | +€6,508 | +413.0% |
| Income taxes | 67/77 | €862 | €3,001 | +€2,139 | +248.1% |
| Profit (loss) for the period | 9904 | €714 | €5,082 | +€4,369 | +612.2% |
| Profit (loss) for the period to be appropriated | 9905 | €714 | €5,082 | +€4,369 | +612.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.