Minasolve Solutions: 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.
Minasolve Solutions
Largest movements
- Financial fixed assets +€1.2m
up €1.2m (+2,322,518%), from €50 to €1.2m
- Cash -€653,860
down €653,860 (-85.3%), from €766,595 to €112,735
mainly Investment in fixed assets (net) (-€1.2m) and Tax, wage and social debts (-€22,036)
- Tangible fixed assets -€69,031
down €69,031 (-22.8%), from €302,460 to €233,429
of which Plant, machinery and equipment: -€47,963
- Profit (loss) carried forward +€326,432
up €326,432 (+23.1%), from €1.4m to €1.7m
- Trade debts +€143,782
up €143,782 (+340%), from €42,232 to €186,014
of which Bills of exchange payable: +€95,953
- Tax, wage and social debts -€22,036
down €22,036 (-8.3%), from €264,190 to €242,154
of which Taxes: -€83,145
- Staff costs +€208,499
up €208,499 (+39.3%), from €530,740 to €739,239
- Gross operating margin -€190,168
down €190,168 (-13.2%), from €1.4m to €1.2m
- Taxes -€86,538
down €86,538 (-40.4%), from €214,385 to €127,847
- Financial income +€20,954
new in 2025: €20,954
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 | €1,738,793 | €2,186,971 | +€448,178 | +25.8% |
| Fixed assets | 21/28 | €308,220 | €1,399,483 | +€1.1m | +354% |
| Intangible fixed assets | 21 | €5,710 | €4,745 | -€965 | -16.9% |
| Tangible fixed assets | 22/27 | €302,460 | €233,429 | -€69,031 | -22.8% |
| Plant, machinery and equipment | 23 | €178,987 | €131,024 | -€47,963 | -26.8% |
| Furniture and vehicles | 24 | €1,475 | €745 | -€730 | -49.5% |
| Other tangible fixed assets | 26 | €121,998 | €101,660 | -€20,338 | -16.7% |
| Financial fixed assets | 28 | €50 | €1,161,309 | +€1.2m | +2,322,518% |
| Current assets | 29/58 | €1,430,573 | €787,488 | -€643,085 | -45.0% |
| Amounts receivable within one year | 40/41 | €662,101 | €671,778 | +€9,677 | +1.5% |
| Trade receivables | 40 | €659,285 | €658,585 | -€700 | -0.1% |
| Other amounts receivable | 41 | €2,816 | €13,193 | +€10,377 | +369% |
| Cash at bank and in hand | 54/58 | €766,595 | €112,735 | -€653,860 | -85.3% |
| Deferred charges and accrued income | 490/1 | €1,877 | €2,975 | +€1,098 | +58.5% |
| Total equity and liabilities | 10/49 | €1,738,793 | €2,186,971 | +€448,178 | +25.8% |
| Equity | 10/15 | €1,432,371 | €1,758,803 | +€326,432 | +22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,411,911 | €1,738,343 | +€326,432 | +23.1% |
| Amounts payable | 17/49 | €306,422 | €428,168 | +€121,746 | +39.7% |
| Amounts payable within one year | 42/48 | €306,422 | €428,168 | +€121,746 | +39.7% |
| Trade debts | 44 | €42,232 | €186,014 | +€143,782 | +340% |
| Suppliers | 440/4 | €42,232 | €90,061 | +€47,829 | +113% |
| Bills of exchange payable | 441 | - | €95,953 | +€95,953 | |
| Taxes, remuneration and social security | 45 | €264,190 | €242,154 | -€22,036 | -8.3% |
| Taxes | 450/3 | €213,686 | €130,541 | -€83,145 | -38.9% |
| Remuneration and social security | 454/9 | €50,504 | €111,613 | +€61,109 | +121% |
| Remuneration, social security and pensions | 62 | €530,740 | €739,239 | +€208,499 | +39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,202 | €69,996 | +€1,794 | +2.6% |
| Other operating charges | 640/8 | €1,536 | €3,242 | +€1,706 | +111% |
| Gross operating margin | 9900 | €1,438,929 | €1,248,761 | -€190,168 | -13.2% |
| Operating profit (loss) | 9901 | €838,451 | €436,284 | -€402,167 | -48.0% |
| Financial income | 75/76B | - | €20,954 | +€20,954 | |
| Recurring financial income | 75 | - | €20,954 | +€20,954 | |
| Financial charges | 65/66B | €1,539 | €2,959 | +€1,420 | +92.3% |
| Recurring financial charges | 65 | €1,539 | €2,959 | +€1,420 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | €836,912 | €454,279 | -€382,633 | -45.7% |
| Income taxes | 67/77 | €214,385 | €127,847 | -€86,538 | -40.4% |
| Profit (loss) for the period | 9904 | €622,527 | €326,432 | -€296,095 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €622,527 | €326,432 | -€296,095 | -47.6% |
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 14 October 2026 via checked.be.