MIND IN ACTION: 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.
MIND IN ACTION
Largest movements
- Receivables within one year -€59,242
down €59,242 (-99.9%), from €59,326 to €84
- Tangible fixed assets +€46,000
up €46,000 (+41.9%), from €109,824 to €155,824
- Cash +€4,998
up €4,998 (+805.6%), from €621 to €5,619
mainly Receivables within one year (+€59,242) and Trade debts (+€17,385)
- Profit (loss) carried forward -€19,597
down €19,597 (-19.6%), from €100,240 to €80,643
- Trade debts +€17,385
new in 2025: €17,385
- Debts after one year -€4,982
down €4,982 (-11.6%), from €43,047 to €38,066
- Gross operating margin -€16,653
down €16,653, from €3,440 to -€13,213
- Financial charges -€1,378
no longer reported in 2025 (was €1,378)
- Taxes +€1,269
up €1,269 (+12687700.0%), from €0 to €1,269
- Other operating charges +€179
up €179 (+11.0%), from €1,634 to €1,813
- Depreciation +€134
up €134 (+4.2%), from €3,168 to €3,302
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 | €169,770 | €161,526 | -€8,244 | -4.9% |
| Fixed assets | 21/28 | €109,824 | €155,824 | +€46,000 | +41.9% |
| Tangible fixed assets | 22/27 | €109,824 | €155,824 | +€46,000 | +41.9% |
| Land and buildings | 22 | €109,824 | €155,824 | +€46,000 | +41.9% |
| Current assets | 29/58 | €59,946 | €5,703 | -€54,244 | -90.5% |
| Amounts receivable within one year | 40/41 | €59,326 | €84 | -€59,242 | -99.9% |
| Other amounts receivable | 41 | €59,326 | €84 | -€59,242 | -99.9% |
| Cash at bank and in hand | 54/58 | €621 | €5,619 | +€4,998 | +805.6% |
| Total equity and liabilities | 10/49 | €169,770 | €161,526 | -€8,244 | -4.9% |
| Equity | 10/15 | €120,691 | €101,094 | -€19,597 | -16.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,240 | €80,643 | -€19,597 | -19.6% |
| Amounts payable | 17/49 | €49,079 | €60,432 | +€11,353 | +23.1% |
| Amounts payable after more than one year | 17 | €43,047 | €38,066 | -€4,982 | -11.6% |
| Financial debts | 170/4 | €43,047 | €38,066 | -€4,982 | -11.6% |
| Amounts payable within one year | 42/48 | €5,072 | €22,366 | +€17,295 | +341.0% |
| Current portion of amounts payable after more than one year | 42 | €4,859 | €4,982 | +€122 | +2.5% |
| Trade debts | 44 | - | €17,385 | +€17,385 | |
| Suppliers | 440/4 | - | €17,385 | +€17,385 | |
| Taxes, remuneration and social security | 45 | €212 | - | -€212 | |
| Taxes | 450/3 | €212 | - | -€212 | |
| Accrued charges and deferred income | 492/3 | €960 | - | -€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,168 | €3,302 | +€134 | +4.2% |
| Other operating charges | 640/8 | €1,634 | €1,813 | +€179 | +11.0% |
| Gross operating margin | 9900 | €3,440 | -€13,213 | -€16,653 | |
| Operating profit (loss) | 9901 | -€1,362 | -€18,328 | -€16,966 | -1245.7% |
| Financial charges | 65/66B | €1,378 | - | -€1,378 | |
| Recurring financial charges | 65 | €1,378 | - | -€1,378 | |
| Profit (loss) for the period before taxes | 9903 | -€2,740 | -€18,328 | -€15,588 | -568.9% |
| Income taxes | 67/77 | €0 | €1,269 | +€1,269 | +12687700.0% |
| Profit (loss) for the period | 9904 | -€2,740 | -€19,597 | -€16,857 | -615.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,740 | -€19,597 | -€16,857 | -615.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.