MIND DEVLOPMENT RETAIL: 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 DEVLOPMENT RETAIL
Largest movements
- Tangible fixed assets -€26,265
down €26,265 (-7.0%), from €375,344 to €349,079
- Cash +€23,766
up €23,766 (+14.1%), from €168,938 to €192,704
mainly Net result for the year (+€48,127) and Depreciation (+€26,265)
- Debts after one year -€36,717
down €36,717 (-55.0%), from €66,701 to €29,984
- Reserves +€25,777
up €25,777 (+13.1%), from €196,648 to €222,425
- Other debts +€21,248
up €21,248 (+10.5%), from €202,809 to €224,057
- Current portion of long-term debt -€15,713
down €15,713 (-30.0%), from €52,430 to €36,717
- Gross operating margin +€6,227
up €6,227 (+6.2%), from €100,213 to €106,440
- Financial charges -€2,555
down €2,555 (-37.7%), from €6,782 to €4,227
- Taxes +€2,464
up €2,464 (+12.3%), from €20,013 to €22,477
- Financial income -€1,649
down €1,649 (-100.0%), from €1,650 to €0
of which Non-recurring financial income: -€1,650
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 | €546,184 | €543,612 | -€2,573 | -0.5% |
| Fixed assets | 21/28 | €375,344 | €349,079 | -€26,265 | -7.0% |
| Tangible fixed assets | 22/27 | €375,344 | €349,079 | -€26,265 | -7.0% |
| Land and buildings | 22 | €375,344 | €349,079 | -€26,265 | -7.0% |
| Current assets | 29/58 | €170,840 | €194,532 | +€23,692 | +13.9% |
| Amounts receivable within one year | 40/41 | €1,150 | €1,150 | = | 0.0% |
| Trade receivables | 40 | €1,150 | €1,150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €168,938 | €192,704 | +€23,766 | +14.1% |
| Deferred charges and accrued income | 490/1 | €752 | €679 | -€73 | -9.7% |
| Total equity and liabilities | 10/49 | €546,184 | €543,612 | -€2,573 | -0.5% |
| Equity | 10/15 | €215,248 | €241,025 | +€25,777 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €196,648 | €222,425 | +€25,777 | +13.1% |
| Distributable reserves | 133 | €196,648 | €222,425 | +€25,777 | +13.1% |
| Amounts payable | 17/49 | €330,936 | €302,587 | -€28,350 | -8.6% |
| Amounts payable after more than one year | 17 | €66,701 | €29,984 | -€36,717 | -55.0% |
| Financial debts | 170/4 | €66,701 | €29,984 | -€36,717 | -55.0% |
| Amounts payable within one year | 42/48 | €255,399 | €263,453 | +€8,053 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €52,430 | €36,717 | -€15,713 | -30.0% |
| Trade debts | 44 | €147 | €202 | +€55 | +37.1% |
| Suppliers | 440/4 | €147 | €202 | +€55 | +37.1% |
| Taxes, remuneration and social security | 45 | €13 | €2,477 | +€2,464 | +18,942% |
| Taxes | 450/3 | €13 | €2,477 | +€2,464 | +18,942% |
| Other amounts payable | 47/48 | €202,809 | €224,057 | +€21,248 | +10.5% |
| Accrued charges and deferred income | 492/3 | €8,836 | €9,150 | +€314 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,786 | €26,265 | -€521 | -1.9% |
| Other operating charges | 640/8 | €5,495 | €5,344 | -€151 | -2.8% |
| Gross operating margin | 9900 | €100,213 | €106,440 | +€6,227 | +6.2% |
| Operating profit (loss) | 9901 | €67,931 | €74,831 | +€6,899 | +10.2% |
| Financial income | 75/76B | €1,650 | €0 | -€1,649 | -100.0% |
| Recurring financial income | 75 | €1,650 | €0 | -€1,649 | -100.0% |
| Non-recurring financial income | 76B | €1,650 | - | -€1,650 | |
| Financial charges | 65/66B | €6,782 | €4,227 | -€2,555 | -37.7% |
| Recurring financial charges | 65 | €6,782 | €4,227 | -€2,555 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €62,799 | €70,604 | +€7,805 | +12.4% |
| Income taxes | 67/77 | €20,013 | €22,477 | +€2,464 | +12.3% |
| Profit (loss) for the period | 9904 | €42,786 | €48,127 | +€5,341 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,786 | €48,127 | +€5,341 | +12.5% |
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.