Mind your Energy: what changed
Mind your Energy
Largest movements
- Receivables within one year -€14,472
down €14,472 (-19.1%), from €75,644 to €61,172
of which Trade receivables: -€39,642
- Cash +€10,787
up €10,787 (+92.2%), from €11,700 to €22,487
mainly Other debts (+€43,765) and Receivables within one year (+€14,472)
- Deferred charges and accrued income +€3,419
up €3,419 (+467%), from €732 to €4,151
- Tangible fixed assets -€2,372
down €2,372 (-15.7%), from €15,089 to €12,717
of which Other tangible fixed assets: -€1,410
- Other debts +€43,765
up €43,765, from €0 to €43,765
- Reserves -€32,926
no longer reported in 2025 (was €32,926)
- Trade debts -€21,600
down €21,600 (-53.8%), from €40,170 to €18,569
- Short-term financial debts +€4,026
up €4,026 (+35.0%), from €11,489 to €15,515
- Tax, wage and social debts +€2,182
up €2,182 (+267%), from €816 to €2,998
- Gross operating margin +€40,074
up €40,074, from -€24,250 to €15,825
- Write-downs -€32,861
no longer reported in 2025 (was €32,861)
- Financial income +€1,978
up €1,978 (+340%), from €582 to €2,560
- Depreciation -€1,199
down €1,199 (-22.7%), from €5,275 to €4,076
- Other operating charges -€1,022
no longer reported in 2025 (was €1,022)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,000 | €100,527 | -€3,473 | -3.3% |
| Fixed assets | 21/28 | €15,923 | €12,717 | -€3,207 | -20.1% |
| Intangible fixed assets | 21 | €835 | - | -€835 | |
| Tangible fixed assets | 22/27 | €15,089 | €12,717 | -€2,372 | -15.7% |
| Furniture and vehicles | 24 | €4,409 | €3,447 | -€962 | -21.8% |
| Other tangible fixed assets | 26 | €10,679 | €9,269 | -€1,410 | -13.2% |
| Current assets | 29/58 | €88,076 | €87,810 | -€266 | -0.3% |
| Amounts receivable within one year | 40/41 | €75,644 | €61,172 | -€14,472 | -19.1% |
| Trade receivables | 40 | €61,445 | €21,802 | -€39,642 | -64.5% |
| Other amounts receivable | 41 | €14,199 | €39,370 | +€25,170 | +177% |
| Cash at bank and in hand | 54/58 | €11,700 | €22,487 | +€10,787 | +92.2% |
| Deferred charges and accrued income | 490/1 | €732 | €4,151 | +€3,419 | +467% |
| Total equity and liabilities | 10/49 | €104,000 | €100,527 | -€3,473 | -3.3% |
| Equity | 10/15 | €51,526 | €18,600 | -€32,926 | -63.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,926 | - | -€32,926 | |
| Distributable reserves | 133 | €32,926 | - | -€32,926 | |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €52,474 | €81,927 | +€29,453 | +56.1% |
| Amounts payable within one year | 42/48 | €52,474 | €80,847 | +€28,373 | +54.1% |
| Financial debts | 43 | €11,489 | €15,515 | +€4,026 | +35.0% |
| Credit institutions | 430/8 | €11,489 | €15,515 | +€4,026 | +35.0% |
| Trade debts | 44 | €40,170 | €18,569 | -€21,600 | -53.8% |
| Suppliers | 440/4 | €40,170 | €18,569 | -€21,600 | -53.8% |
| Taxes, remuneration and social security | 45 | €816 | €2,998 | +€2,182 | +267% |
| Taxes | 450/3 | €816 | €2,998 | +€2,182 | +267% |
| Other amounts payable | 47/48 | €0 | €43,765 | +€43,765 | |
| Accrued charges and deferred income | 492/3 | - | €1,080 | +€1,080 | |
| Non-recurring operating income | 76A | €1,087 | - | -€1,087 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,275 | €4,076 | -€1,199 | -22.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,861 | - | -€32,861 | |
| Other operating charges | 640/8 | €1,022 | - | -€1,022 | |
| Gross operating margin | 9900 | -€24,250 | €15,825 | +€40,074 | |
| Operating profit (loss) | 9901 | -€63,407 | €11,749 | +€75,156 | |
| Financial income | 75/76B | €582 | €2,560 | +€1,978 | +340% |
| Recurring financial income | 75 | €582 | €2,560 | +€1,978 | +340% |
| Financial charges | 65/66B | €2,614 | €3,329 | +€716 | +27.4% |
| Recurring financial charges | 65 | €2,614 | €3,329 | +€716 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€65,439 | €10,980 | +€76,419 | |
| Income taxes | 67/77 | €155 | €141 | -€14 | -8.8% |
| Profit (loss) for the period | 9904 | -€65,593 | €10,839 | +€76,432 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,593 | €10,839 | +€76,432 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.