MINCA: what changed
Two fiscal 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.
MINCA
Largest movements
- Receivables within one year -€27,789
down €27,789 (-29.1%), from €95,632 to €67,843
of which Trade receivables: -€51,763
- Cash +€1,708
up €1,708 (+164.7%), from €1,037 to €2,745
mainly Net result for the year (+€47,388) and Other debts (+€30,000)
- Tangible fixed assets -€1,573
down €1,573 (-44.1%), from €3,566 to €1,993
of which Furniture and vehicles: -€2,011
- Trade debts -€76,059
down €76,059 (-99.2%), from €76,661 to €602
- Other debts +€30,000
new in 2023: €30,000
- Reserves +€17,385
up €17,385 (+934.7%), from €1,860 to €19,245
of which Distributable reserves: +€19,245
- Turnover +€210,719
new in 2023: €210,719
- Purchases and services +€162,803
new in 2023: €162,803
- Gross operating margin +€95,501
up €95,501, from -€43,666 to €51,835
- Taxes -€6,532
down €6,532 (-59.9%), from €10,900 to €4,368
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,235 | €77,581 | -€27,654 | -26.3% |
| Fixed assets | 21/28 | €3,566 | €1,993 | -€1,573 | -44.1% |
| Tangible fixed assets | 22/27 | €3,566 | €1,993 | -€1,573 | -44.1% |
| Plant, machinery and equipment | 23 | €1,144 | €1,582 | +€438 | +38.3% |
| Furniture and vehicles | 24 | €2,422 | €411 | -€2,011 | -83.0% |
| Current assets | 29/58 | €101,669 | €75,588 | -€26,081 | -25.7% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €95,632 | €67,843 | -€27,789 | -29.1% |
| Trade receivables | 40 | €70,501 | €18,738 | -€51,763 | -73.4% |
| Other amounts receivable | 41 | €25,131 | €49,105 | +€23,974 | +95.4% |
| Cash at bank and in hand | 54/58 | €1,037 | €2,745 | +€1,708 | +164.7% |
| Total equity and liabilities | 10/49 | €105,235 | €77,581 | -€27,654 | -26.3% |
| Equity | 10/15 | €23,217 | €40,605 | +€17,388 | +74.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €19,245 | +€17,385 | +934.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €19,245 | +€19,245 | |
| Profit (loss) carried forward | 14 | €15,157 | €15,160 | +€3 | 0.0% |
| Amounts payable | 17/49 | €82,018 | €36,976 | -€45,042 | -54.9% |
| Amounts payable within one year | 42/48 | €82,018 | €36,976 | -€45,042 | -54.9% |
| Trade debts | 44 | €76,661 | €602 | -€76,059 | -99.2% |
| Suppliers | 440/4 | €76,661 | €602 | -€76,059 | -99.2% |
| Taxes, remuneration and social security | 45 | €5,357 | €6,374 | +€1,017 | +19.0% |
| Taxes | 450/3 | €5,357 | €6,374 | +€1,017 | +19.0% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Turnover | 70 | - | €210,719 | +€210,719 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €162,803 | +€162,803 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,646 | €1,573 | -€73 | -4.4% |
| Other operating charges | 640/8 | - | €549 | +€549 | |
| Gross operating margin | 9900 | -€43,666 | €51,835 | +€95,501 | |
| Operating profit (loss) | 9901 | -€45,312 | €49,713 | +€95,025 | |
| Financial income | 75/76B | €1,638 | €3,538 | +€1,900 | +116.0% |
| Recurring financial income | 75 | €1,638 | €3,538 | +€1,900 | +116.0% |
| Financial charges | 65/66B | €1,949 | €1,495 | -€454 | -23.3% |
| Recurring financial charges | 65 | €1,949 | €1,495 | -€454 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€45,623 | €51,756 | +€97,379 | |
| Income taxes | 67/77 | €10,900 | €4,368 | -€6,532 | -59.9% |
| Profit (loss) for the period | 9904 | -€56,523 | €47,388 | +€103,911 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,523 | €47,388 | +€103,911 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.