MIND-IT: 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-IT
Largest movements
- Tangible fixed assets -€10,890
down €10,890 (-2.9%), from €369,951 to €359,060
of which Land and buildings: -€8,763
- Cash -€5,350
down €5,350 (-21.3%), from €25,099 to €19,749
mainly Other debts (-€9,155) and Debts after one year (-€9,084)
- Receivables within one year +€4,633
up €4,633 (+19.0%), from €24,414 to €29,047
of which Other amounts receivable: +€5,005
- Reserves +€17,074
up €17,074 (+10.0%), from €170,540 to €187,614
of which Distributable reserves: +€17,074
- Other debts -€9,155
down €9,155 (-5.5%), from €166,517 to €157,362
- Debts after one year -€9,084
down €9,084 (-39.0%), from €23,263 to €14,179
- Trade debts -€6,375
down €6,375 (-49.3%), from €12,939 to €6,564
- Tax, wage and social debts -€4,658
down €4,658 (-32.7%), from €14,232 to €9,574
- Gross operating margin -€40,767
down €40,767 (-47.8%), from €85,243 to €44,476
- Financial charges -€10,710
down €10,710 (-82.6%), from €12,963 to €2,253
- Taxes -€7,048
down €7,048 (-41.1%), from €17,128 to €10,080
- Depreciation -€1,814
down €1,814 (-14.3%), from €12,705 to €10,890
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 | €422,476 | €410,577 | -€11,899 | -2.8% |
| Fixed assets | 21/28 | €369,951 | €359,060 | -€10,890 | -2.9% |
| Tangible fixed assets | 22/27 | €369,951 | €359,060 | -€10,890 | -2.9% |
| Land and buildings | 22 | €359,663 | €350,900 | -€8,763 | -2.4% |
| Plant, machinery and equipment | 23 | €882 | €50 | -€832 | -94.3% |
| Furniture and vehicles | 24 | €2,072 | €1,653 | -€418 | -20.2% |
| Other tangible fixed assets | 26 | €7,334 | €6,457 | -€876 | -12.0% |
| Current assets | 29/58 | €52,525 | €51,517 | -€1,008 | -1.9% |
| Amounts receivable within one year | 40/41 | €24,414 | €29,047 | +€4,633 | +19.0% |
| Trade receivables | 40 | €17,794 | €17,422 | -€372 | -2.1% |
| Other amounts receivable | 41 | €6,620 | €11,625 | +€5,005 | +75.6% |
| Cash at bank and in hand | 54/58 | €25,099 | €19,749 | -€5,350 | -21.3% |
| Deferred charges and accrued income | 490/1 | €3,012 | €2,721 | -€291 | -9.7% |
| Total equity and liabilities | 10/49 | €422,476 | €410,577 | -€11,899 | -2.8% |
| Equity | 10/15 | €176,740 | €193,814 | +€17,074 | +9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €170,540 | €187,614 | +€17,074 | +10.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €9,391 | €9,391 | = | 0.0% |
| Distributable reserves | 133 | €161,149 | €178,223 | +€17,074 | +10.6% |
| Amounts payable | 17/49 | €245,736 | €216,763 | -€28,973 | -11.8% |
| Amounts payable after more than one year | 17 | €23,263 | €14,179 | -€9,084 | -39.0% |
| Financial debts | 170/4 | €23,263 | €14,179 | -€9,084 | -39.0% |
| Amounts payable within one year | 42/48 | €222,473 | €202,584 | -€19,889 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €8,786 | €9,084 | +€299 | +3.4% |
| Financial debts | 43 | €20,000 | €20,000 | = | 0.0% |
| Credit institutions | 430/8 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €12,939 | €6,564 | -€6,375 | -49.3% |
| Suppliers | 440/4 | €12,939 | €6,564 | -€6,375 | -49.3% |
| Taxes, remuneration and social security | 45 | €14,232 | €9,574 | -€4,658 | -32.7% |
| Taxes | 450/3 | €14,232 | €9,574 | -€4,658 | -32.7% |
| Other amounts payable | 47/48 | €166,517 | €157,362 | -€9,155 | -5.5% |
| Non-recurring operating income | 76A | €908 | €0 | -€908 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,705 | €10,890 | -€1,814 | -14.3% |
| Other operating charges | 640/8 | €5,002 | €4,188 | -€814 | -16.3% |
| Gross operating margin | 9900 | €85,243 | €44,476 | -€40,767 | -47.8% |
| Operating profit (loss) | 9901 | €67,536 | €29,397 | -€38,139 | -56.5% |
| Financial income | 75/76B | €4 | €10 | +€6 | +127.7% |
| Recurring financial income | 75 | €4 | €10 | +€6 | +127.7% |
| Financial charges | 65/66B | €12,963 | €2,253 | -€10,710 | -82.6% |
| Recurring financial charges | 65 | €12,963 | €2,253 | -€10,710 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €54,578 | €27,154 | -€27,424 | -50.2% |
| Income taxes | 67/77 | €17,128 | €10,080 | -€7,048 | -41.1% |
| Profit (loss) for the period | 9904 | €37,450 | €17,074 | -€20,376 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,450 | €17,074 | -€20,376 | -54.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.