MINAS FAEN: 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.
MINAS FAEN
Largest movements
- Tangible fixed assets -€22,628
down €22,628 (-1.7%), from €1.3m to €1.3m
- Receivables within one year +€19,949
up €19,949 (+83.4%), from €23,909 to €43,858
No liability line moved by more than 1% of the balance sheet total.
- Financial charges +€19,774
up €19,774 (+376%), from €5,259 to €25,033
- Depreciation +€5,029
up €5,029 (+5.5%), from €91,861 to €96,890
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 | €1,368,616 | €1,367,568 | -€1,048 | -0.1% |
| Fixed assets | 21/28 | €1,333,319 | €1,310,691 | -€22,628 | -1.7% |
| Tangible fixed assets | 22/27 | €1,333,319 | €1,310,691 | -€22,628 | -1.7% |
| Land and buildings | 22 | €1,333,319 | €1,310,691 | -€22,628 | -1.7% |
| Current assets | 29/58 | €35,296 | €56,877 | +€21,580 | +61.1% |
| Amounts receivable within one year | 40/41 | €23,909 | €43,858 | +€19,949 | +83.4% |
| Trade receivables | 40 | €23,909 | €43,858 | +€19,949 | +83.4% |
| Cash at bank and in hand | 54/58 | €11,387 | €13,019 | +€1,632 | +14.3% |
| Total equity and liabilities | 10/49 | €1,368,616 | €1,367,568 | -€1,048 | -0.1% |
| Equity | 10/15 | €365,951 | €371,392 | +€5,441 | +1.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €363,951 | €369,392 | +€5,441 | +1.5% |
| Amounts payable | 17/49 | €1,002,665 | €996,176 | -€6,489 | -0.6% |
| Amounts payable after more than one year | 17 | €866,712 | €864,224 | -€2,488 | -0.3% |
| Financial debts | 170/4 | €866,712 | €864,224 | -€2,488 | -0.3% |
| Amounts payable within one year | 42/48 | €135,952 | €131,952 | -€4,000 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €42,438 | €45,240 | +€2,803 | +6.6% |
| Trade debts | 44 | €4,782 | €633 | -€4,149 | -86.8% |
| Suppliers | 440/4 | €4,782 | €633 | -€4,149 | -86.8% |
| Taxes, remuneration and social security | 45 | €6,683 | €7,687 | +€1,005 | +15.0% |
| Taxes | 450/3 | €6,683 | €7,687 | +€1,005 | +15.0% |
| Other amounts payable | 47/48 | €82,050 | €78,391 | -€3,659 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,861 | €96,890 | +€5,029 | +5.5% |
| Gross operating margin | 9900 | €127,295 | €128,174 | +€879 | +0.7% |
| Operating profit (loss) | 9901 | €35,435 | €31,284 | -€4,151 | -11.7% |
| Financial charges | 65/66B | €5,259 | €25,033 | +€19,774 | +376% |
| Recurring financial charges | 65 | €5,259 | €25,033 | +€19,774 | +376% |
| Profit (loss) for the period before taxes | 9903 | €30,176 | €6,251 | -€23,925 | -79.3% |
| Income taxes | 67/77 | - | €810 | +€810 | |
| Profit (loss) for the period | 9904 | €30,176 | €5,441 | -€24,735 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,176 | €5,441 | -€24,735 | -82.0% |
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 25 October 2026 via checked.be.