MIND CONCEPT: 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.
MIND CONCEPT
Largest movements
- Receivables within one year +€43,972
up €43,972 (+109%), from €40,427 to €84,399
of which Other amounts receivable: +€46,866
- Cash -€21,095
down €21,095 (-35.1%), from €60,133 to €39,038
mainly Receivables within one year (-€43,972) and Tax, wage and social debts (-€7,157)
- Intangible fixed assets -€6,065
no longer reported in 2024 (was €6,065)
- Tangible fixed assets -€5,798
down €5,798 (-41.7%), from €13,903 to €8,106
- Deferred charges and accrued income -€1,866
down €1,866 (-46.9%), from €3,978 to €2,112
- Profit (loss) carried forward +€14,975
up €14,975 (+28.7%), from €52,236 to €67,211
- Tax, wage and social debts -€7,157
down €7,157 (-21.1%), from €33,890 to €26,732
of which Taxes: -€4,114
- Staff costs +€38,322
up €38,322 (+33.9%), from €112,970 to €151,292
- Taxes -€13,342
down €13,342 (-90.6%), from €14,728 to €1,386
- Gross operating margin -€4,908
down €4,908 (-2.7%), from €178,574 to €173,666
- Depreciation -€4,819
down €4,819 (-58.2%), from €8,284 to €3,466
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 | €128,840 | €137,967 | +€9,127 | +7.1% |
| Fixed assets | 21/28 | €23,389 | €11,526 | -€11,863 | -50.7% |
| Intangible fixed assets | 21 | €6,065 | - | -€6,065 | |
| Tangible fixed assets | 22/27 | €13,903 | €8,106 | -€5,798 | -41.7% |
| Plant, machinery and equipment | 23 | €2,733 | €798 | -€1,935 | -70.8% |
| Furniture and vehicles | 24 | €2,113 | €646 | -€1,467 | -69.4% |
| Other tangible fixed assets | 26 | €9,058 | €6,662 | -€2,396 | -26.5% |
| Financial fixed assets | 28 | €3,420 | €3,420 | = | 0.0% |
| Current assets | 29/58 | €105,451 | €126,442 | +€20,990 | +19.9% |
| Stocks and contracts in progress | 3 | €913 | €894 | -€20 | -2.2% |
| Stocks | 30/36 | €913 | €894 | -€20 | -2.2% |
| Amounts receivable within one year | 40/41 | €40,427 | €84,399 | +€43,972 | +109% |
| Trade receivables | 40 | €18,418 | €15,523 | -€2,895 | -15.7% |
| Other amounts receivable | 41 | €22,009 | €68,876 | +€46,866 | +213% |
| Cash at bank and in hand | 54/58 | €60,133 | €39,038 | -€21,095 | -35.1% |
| Deferred charges and accrued income | 490/1 | €3,978 | €2,112 | -€1,866 | -46.9% |
| Total equity and liabilities | 10/49 | €128,840 | €137,967 | +€9,127 | +7.1% |
| Equity | 10/15 | €72,696 | €87,671 | +€14,975 | +20.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,236 | €67,211 | +€14,975 | +28.7% |
| Amounts payable | 17/49 | €56,144 | €50,297 | -€5,847 | -10.4% |
| Amounts payable within one year | 42/48 | €56,144 | €50,297 | -€5,847 | -10.4% |
| Trade debts | 44 | €22,254 | €23,564 | +€1,310 | +5.9% |
| Suppliers | 440/4 | €22,254 | €23,564 | +€1,310 | +5.9% |
| Taxes, remuneration and social security | 45 | €33,890 | €26,732 | -€7,157 | -21.1% |
| Taxes | 450/3 | €14,728 | €10,614 | -€4,114 | -27.9% |
| Remuneration and social security | 454/9 | €19,162 | €16,118 | -€3,043 | -15.9% |
| Remuneration, social security and pensions | 62 | €112,970 | €151,292 | +€38,322 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,284 | €3,466 | -€4,819 | -58.2% |
| Other operating charges | 640/8 | €2,343 | €3,573 | +€1,230 | +52.5% |
| Gross operating margin | 9900 | €178,574 | €173,666 | -€4,908 | -2.7% |
| Operating profit (loss) | 9901 | €54,977 | €15,335 | -€39,642 | -72.1% |
| Financial income | 75/76B | €315 | €1,206 | +€892 | +284% |
| Recurring financial income | 75 | €315 | €1,206 | +€892 | +284% |
| Financial charges | 65/66B | €584 | €180 | -€404 | -69.1% |
| Recurring financial charges | 65 | €584 | €180 | -€404 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €54,707 | €16,361 | -€38,346 | -70.1% |
| Income taxes | 67/77 | €14,728 | €1,386 | -€13,342 | -90.6% |
| Profit (loss) for the period | 9904 | €39,979 | €14,975 | -€25,005 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,979 | €14,975 | -€25,005 | -62.5% |
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 14 October 2026 via checked.be.