MINALUX: 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.
MINALUX
Largest movements
- Receivables within one year +€26,686
up €26,686 (+98.7%), from €27,032 to €53,718
of which Trade receivables: +€26,518
- Tangible fixed assets -€2,083
down €2,083 (-50.0%), from €4,167 to €2,084
- Trade debts +€25,450
up €25,450 (+106%), from €23,924 to €49,374
- Other debts +€8,093
up €8,093 (+20.1%), from €40,284 to €48,377
- Profit (loss) carried forward -€7,009
down €7,009 (-12.7%), from -€55,239 to -€62,248
- Tax, wage and social debts -€2,408
down €2,408 (-47.0%), from €5,123 to €2,715
of which Remuneration and social security: -€2,408
- Gross operating margin -€19,407
down €19,407, from €15,288 to -€4,119
- Depreciation -€4,438
down €4,438 (-68.1%), from €6,521 to €2,083
- Other operating charges -€4,268
down €4,268 (-89.2%), from €4,787 to €519
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.
Derived cash bridge
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 | €32,992 | €57,117 | +€24,125 | +73.1% |
| Fixed assets | 21/28 | €4,167 | €2,084 | -€2,083 | -50.0% |
| Tangible fixed assets | 22/27 | €4,167 | €2,084 | -€2,083 | -50.0% |
| Furniture and vehicles | 24 | €4,167 | €2,084 | -€2,083 | -50.0% |
| Current assets | 29/58 | €28,825 | €55,034 | +€26,208 | +90.9% |
| Amounts receivable within one year | 40/41 | €27,032 | €53,718 | +€26,686 | +98.7% |
| Trade receivables | 40 | €22,306 | €48,824 | +€26,518 | +119% |
| Other amounts receivable | 41 | €4,726 | €4,894 | +€168 | +3.6% |
| Cash at bank and in hand | 54/58 | €1,793 | €1,315 | -€478 | -26.7% |
| Total equity and liabilities | 10/49 | €32,992 | €57,117 | +€24,125 | +73.1% |
| Equity | 10/15 | -€36,339 | -€43,348 | -€7,009 | -19.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Other | 1319 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,239 | -€62,248 | -€7,009 | -12.7% |
| Amounts payable | 17/49 | €69,331 | €100,465 | +€31,135 | +44.9% |
| Amounts payable within one year | 42/48 | €69,331 | €100,465 | +€31,135 | +44.9% |
| Trade debts | 44 | €23,924 | €49,374 | +€25,450 | +106% |
| Suppliers | 440/4 | €23,924 | €49,374 | +€25,450 | +106% |
| Taxes, remuneration and social security | 45 | €5,123 | €2,715 | -€2,408 | -47.0% |
| Taxes | 450/3 | €103 | €103 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,020 | €2,612 | -€2,408 | -48.0% |
| Other amounts payable | 47/48 | €40,284 | €48,377 | +€8,093 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,521 | €2,083 | -€4,438 | -68.1% |
| Other operating charges | 640/8 | €4,787 | €519 | -€4,268 | -89.2% |
| Non-recurring operating charges | 66A | €5,850 | - | -€5,850 | |
| Gross operating margin | 9900 | €15,288 | -€4,119 | -€19,407 | |
| Operating profit (loss) | 9901 | -€1,870 | -€6,721 | -€4,851 | -259% |
| Financial charges | 65/66B | €248 | €288 | +€40 | +16.2% |
| Recurring financial charges | 65 | €248 | €288 | +€40 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,118 | -€7,009 | -€4,891 | -231% |
| Profit (loss) for the period | 9904 | -€2,118 | -€7,009 | -€4,891 | -231% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,118 | -€7,009 | -€4,891 | -231% |
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 25 October 2026 via checked.be.