MINCHQUICK: 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.
MINCHQUICK
Largest movements
- Receivables within one year -€36,089
down €36,089 (-82.9%), from €43,509 to €7,420
of which Trade receivables: -€36,095
- Deferred charges and accrued income -€14,271
no longer reported in 2025 (was €14,271)
- Cash +€1,339
up €1,339 (+350.9%), from €382 to €1,721
mainly Trade debts (+€59,322) and Receivables within one year (+€36,089)
- Profit (loss) carried forward -€115,307
down €115,307 (-6.9%), from -€1.7m to -€1.8m
- Trade debts +€59,322
up €59,322 (+228.3%), from €25,982 to €85,304
of which Bills of exchange payable: +€53,971
- Tax, wage and social debts -€17,553
down €17,553 (-63.4%), from €27,686 to €10,133
- Other debts +€13,490
up €13,490 (+126.7%), from €10,644 to €24,134
- Short-term financial debts +€8,354
new in 2025: €8,354
- Gross operating margin -€144,888
down €144,888, from €32,029 to -€112,859
- Other operating charges -€4,084
down €4,084 (-76.0%), from €5,372 to €1,288
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.
Cash bridge derived
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 | €60,101 | €10,761 | -€49,340 | -82.1% |
| Fixed assets | 21/28 | €1,939 | €1,620 | -€319 | -16.5% |
| Tangible fixed assets | 22/27 | €319 | - | -€319 | |
| Furniture and vehicles | 24 | €319 | - | -€319 | |
| Financial fixed assets | 28 | €1,620 | €1,620 | = | 0.0% |
| Current assets | 29/58 | €58,161 | €9,141 | -€49,020 | -84.3% |
| Amounts receivable within one year | 40/41 | €43,509 | €7,420 | -€36,089 | -82.9% |
| Trade receivables | 40 | €43,509 | €7,414 | -€36,095 | -83.0% |
| Other amounts receivable | 41 | - | €6 | +€6 | |
| Cash at bank and in hand | 54/58 | €382 | €1,721 | +€1,339 | +350.9% |
| Deferred charges and accrued income | 490/1 | €14,271 | - | -€14,271 | |
| Total equity and liabilities | 10/49 | €60,101 | €10,761 | -€49,340 | -82.1% |
| Equity | 10/15 | -€1,593,683 | -€1,708,990 | -€115,307 | -7.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,661,883 | -€1,777,190 | -€115,307 | -6.9% |
| Amounts payable | 17/49 | €1,653,784 | €1,719,751 | +€65,967 | +4.0% |
| Amounts payable after more than one year | 17 | €1,581,150 | €1,581,150 | = | 0.0% |
| Financial debts | 170/4 | €1,581,150 | €1,581,150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,134 | €127,925 | +€62,791 | +96.4% |
| Current portion of amounts payable after more than one year | 42 | €821 | - | -€821 | |
| Financial debts | 43 | - | €8,354 | +€8,354 | |
| Other loans | 439 | - | €8,354 | +€8,354 | |
| Trade debts | 44 | €25,982 | €85,304 | +€59,322 | +228.3% |
| Suppliers | 440/4 | €25,982 | €31,333 | +€5,351 | +20.6% |
| Bills of exchange payable | 441 | - | €53,971 | +€53,971 | |
| Taxes, remuneration and social security | 45 | €27,686 | €10,133 | -€17,553 | -63.4% |
| Taxes | 450/3 | €27,686 | €10,133 | -€17,553 | -63.4% |
| Other amounts payable | 47/48 | €10,644 | €24,134 | +€13,490 | +126.7% |
| Accrued charges and deferred income | 492/3 | €7,500 | €10,676 | +€3,176 | +42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €503 | €319 | -€184 | -36.6% |
| Other operating charges | 640/8 | €5,372 | €1,288 | -€4,084 | -76.0% |
| Non-recurring operating charges | 66A | - | €137 | +€137 | |
| Gross operating margin | 9900 | €32,029 | -€112,859 | -€144,888 | |
| Operating profit (loss) | 9901 | €26,153 | -€114,603 | -€140,756 | |
| Financial income | 75/76B | €147 | - | -€147 | |
| Recurring financial income | 75 | €147 | - | -€147 | |
| Financial charges | 65/66B | €1,351 | €704 | -€647 | -47.9% |
| Recurring financial charges | 65 | €1,351 | €704 | -€647 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €24,949 | -€115,307 | -€140,256 | |
| Profit (loss) for the period | 9904 | €24,949 | -€115,307 | -€140,256 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,949 | -€115,307 | -€140,256 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.