MINA EXTER: 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.
MINA EXTER
Largest movements
- Tangible fixed assets -€7,753
down €7,753 (-30.2%), from €25,694 to €17,941
- Receivables within one year -€5,320
down €5,320 (-53.6%), from €9,928 to €4,608
of which Trade receivables: -€7,168
- Cash -€3,125
down €3,125 (-29.0%), from €10,761 to €7,636
mainly Tax, wage and social debts (-€7,502) and Net result for the year (-€3,785)
- Tax, wage and social debts -€7,502
down €7,502 (-81.2%), from €9,245 to €1,742
- Profit (loss) carried forward -€3,785
new in 2025: -€3,785
- Current portion of long-term debt -€3,315
down €3,315 (-64.0%), from €5,181 to €1,866
- Debts after one year -€1,866
no longer reported in 2025 (was €1,866)
- Gross operating margin -€6,648
down €6,648 (-56.3%), from €11,819 to €5,170
- Taxes -€1,008
down €1,008 (-88.4%), from €1,140 to €132
- Other operating charges +€444
up €444 (+112%), from €397 to €841
- Financial charges -€354
down €354 (-48.5%), from €729 to €375
- Depreciation +€227
up €227 (+3.0%), from €7,526 to €7,753
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 | €46,382 | €30,185 | -€16,198 | -34.9% |
| Fixed assets | 21/28 | €25,694 | €17,941 | -€7,753 | -30.2% |
| Tangible fixed assets | 22/27 | €25,694 | €17,941 | -€7,753 | -30.2% |
| Furniture and vehicles | 24 | €25,694 | €17,941 | -€7,753 | -30.2% |
| Current assets | 29/58 | €20,689 | €12,244 | -€8,445 | -40.8% |
| Amounts receivable within one year | 40/41 | €9,928 | €4,608 | -€5,320 | -53.6% |
| Trade receivables | 40 | €8,175 | €1,007 | -€7,168 | -87.7% |
| Other amounts receivable | 41 | €1,753 | €3,601 | +€1,847 | +105% |
| Cash at bank and in hand | 54/58 | €10,761 | €7,636 | -€3,125 | -29.0% |
| Total equity and liabilities | 10/49 | €46,382 | €30,185 | -€16,198 | -34.9% |
| Equity | 10/15 | €29,448 | €25,663 | -€3,785 | -12.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,448 | €26,448 | = | 0.0% |
| Distributable reserves | 133 | €26,448 | €26,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,785 | -€3,785 | |
| Amounts payable | 17/49 | €16,934 | €4,522 | -€12,412 | -73.3% |
| Amounts payable after more than one year | 17 | €1,866 | - | -€1,866 | |
| Financial debts | 170/4 | €1,866 | - | -€1,866 | |
| Amounts payable within one year | 42/48 | €15,068 | €4,522 | -€10,546 | -70.0% |
| Current portion of amounts payable after more than one year | 42 | €5,181 | €1,866 | -€3,315 | -64.0% |
| Trade debts | 44 | €643 | €914 | +€271 | +42.2% |
| Suppliers | 440/4 | €643 | €914 | +€271 | +42.2% |
| Taxes, remuneration and social security | 45 | €9,245 | €1,742 | -€7,502 | -81.2% |
| Taxes | 450/3 | €9,245 | €1,742 | -€7,502 | -81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,526 | €7,753 | +€227 | +3.0% |
| Other operating charges | 640/8 | €397 | €841 | +€444 | +112% |
| Gross operating margin | 9900 | €11,819 | €5,170 | -€6,648 | -56.3% |
| Operating profit (loss) | 9901 | €3,896 | -€3,423 | -€7,319 | |
| Financial income | 75/76B | - | €145 | +€145 | |
| Recurring financial income | 75 | - | €145 | +€145 | |
| Financial charges | 65/66B | €729 | €375 | -€354 | -48.5% |
| Recurring financial charges | 65 | €729 | €375 | -€354 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €3,167 | -€3,653 | -€6,821 | |
| Income taxes | 67/77 | €1,140 | €132 | -€1,008 | -88.4% |
| Profit (loss) for the period | 9904 | €2,027 | -€3,785 | -€5,813 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,027 | -€3,785 | -€5,813 |
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 29 October 2026 via checked.be.