Mind-S: 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-S
Largest movements
- Cash +€28,061
up €28,061 (+765.3%), from €3,667 to €31,727
mainly Net result for the year (+€28,334) and Tax, wage and social debts (+€12,472)
- Tangible fixed assets +€10,389
new in 2025: €10,389
of which Other tangible fixed assets: +€8,887
- Deferred charges and accrued income +€3,757
new in 2025: €3,757
- Profit (loss) carried forward +€26,642
up €26,642 (+377.0%), from €7,067 to €33,709
- Tax, wage and social debts +€12,472
up €12,472 (+176.6%), from €7,063 to €19,535
- Trade debts +€1,481
new in 2025: €1,481
- Other debts +€963
new in 2025: €963
- Gross operating margin +€30,416
up €30,416 (+338.0%), from €9,000 to €39,416
- Taxes +€6,146
up €6,146 (+327.7%), from €1,876 to €8,022
- Financial charges +€2,296
up €2,296 (+30607.2%), from €8 to €2,303
- Depreciation +€644
new in 2025: €644
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 | €17,130 | €58,771 | +€41,641 | +243.1% |
| Fixed assets | 21/28 | - | €10,389 | +€10,389 | |
| Tangible fixed assets | 22/27 | - | €10,389 | +€10,389 | |
| Plant, machinery and equipment | 23 | - | €1,502 | +€1,502 | |
| Other tangible fixed assets | 26 | - | €8,887 | +€8,887 | |
| Current assets | 29/58 | €17,130 | €48,382 | +€31,252 | +182.4% |
| Amounts receivable within one year | 40/41 | €13,463 | €12,898 | -€565 | -4.2% |
| Trade receivables | 40 | €13,367 | €12,898 | -€469 | -3.5% |
| Other amounts receivable | 41 | €96 | €0 | -€96 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,667 | €31,727 | +€28,061 | +765.3% |
| Deferred charges and accrued income | 490/1 | - | €3,757 | +€3,757 | |
| Total equity and liabilities | 10/49 | €17,130 | €58,771 | +€41,641 | +243.1% |
| Equity | 10/15 | €10,067 | €36,709 | +€26,642 | +264.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,067 | €33,709 | +€26,642 | +377.0% |
| Amounts payable | 17/49 | €7,063 | €22,062 | +€14,999 | +212.4% |
| Amounts payable within one year | 42/48 | €7,063 | €21,980 | +€14,917 | +211.2% |
| Trade debts | 44 | - | €1,481 | +€1,481 | |
| Suppliers | 440/4 | - | €1,481 | +€1,481 | |
| Taxes, remuneration and social security | 45 | €7,063 | €19,535 | +€12,472 | +176.6% |
| Taxes | 450/3 | €7,063 | €19,535 | +€12,472 | +176.6% |
| Other amounts payable | 47/48 | - | €963 | +€963 | |
| Accrued charges and deferred income | 492/3 | - | €82 | +€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €644 | +€644 | |
| Other operating charges | 640/8 | €50 | €112 | +€62 | +124.0% |
| Gross operating margin | 9900 | €9,000 | €39,416 | +€30,416 | +338.0% |
| Operating profit (loss) | 9901 | €8,950 | €38,659 | +€29,709 | +332.0% |
| Financial charges | 65/66B | €8 | €2,303 | +€2,296 | +30607.2% |
| Recurring financial charges | 65 | €8 | €2,303 | +€2,296 | +30607.2% |
| Profit (loss) for the period before taxes | 9903 | €8,942 | €36,356 | +€27,414 | +306.6% |
| Income taxes | 67/77 | €1,876 | €8,022 | +€6,146 | +327.7% |
| Profit (loss) for the period | 9904 | €7,067 | €28,334 | +€21,267 | +301.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,067 | €28,334 | +€21,267 | +301.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.