MIND4LIFE: 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.
MIND4LIFE
Largest movements
- Cash +€36,012
up €36,012 (+60.2%), from €59,868 to €95,880
mainly Advances received (+€37,905) and Net result for the year (+€35,424)
- Receivables within one year +€19,322
up €19,322 (+38.2%), from €50,551 to €69,873
of which Trade receivables: +€25,343
- Tangible fixed assets +€7,565
up €7,565 (+19.8%), from €38,246 to €45,811
of which Other tangible fixed assets: +€5,531
- Advances received +€37,905
up €37,905, from €0 to €37,905
- Tax, wage and social debts +€14,813
up €14,813 (+1894.1%), from €782 to €15,595
of which Taxes: +€11,113
- Trade debts +€8,076
up €8,076 (+195.7%), from €4,128 to €12,203
- Gross operating margin +€33,368
up €33,368 (+72.1%), from €46,264 to €79,632
- Depreciation +€6,038
up €6,038 (+56.4%), from €10,711 to €16,749
- Taxes +€5,130
up €5,130 (+61.1%), from €8,390 to €13,520
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 | €149,990 | €212,758 | +€62,768 | +41.8% |
| Fixed assets | 21/28 | €39,296 | €46,861 | +€7,565 | +19.3% |
| Tangible fixed assets | 22/27 | €38,246 | €45,811 | +€7,565 | +19.8% |
| Plant, machinery and equipment | 23 | €1,464 | €1,481 | +€17 | +1.2% |
| Furniture and vehicles | 24 | €31,054 | €33,070 | +€2,016 | +6.5% |
| Other tangible fixed assets | 26 | €5,729 | €11,260 | +€5,531 | +96.6% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €110,694 | €165,897 | +€55,203 | +49.9% |
| Amounts receivable within one year | 40/41 | €50,551 | €69,873 | +€19,322 | +38.2% |
| Trade receivables | 40 | €37,331 | €62,674 | +€25,343 | +67.9% |
| Other amounts receivable | 41 | €13,220 | €7,199 | -€6,020 | -45.5% |
| Cash at bank and in hand | 54/58 | €59,868 | €95,880 | +€36,012 | +60.2% |
| Deferred charges and accrued income | 490/1 | €276 | €144 | -€132 | -47.7% |
| Total equity and liabilities | 10/49 | €149,990 | €212,758 | +€62,768 | +41.8% |
| Equity | 10/15 | €144,835 | €145,998 | +€1,163 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,235 | €127,398 | +€1,163 | +0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €124,375 | €125,538 | +€1,163 | +0.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,155 | €66,760 | +€61,605 | +1195.1% |
| Amounts payable within one year | 42/48 | €4,910 | €65,702 | +€60,793 | +1238.3% |
| Trade debts | 44 | €4,128 | €12,203 | +€8,076 | +195.7% |
| Suppliers | 440/4 | €4,128 | €12,203 | +€8,076 | +195.7% |
| Advances received on contracts in progress | 46 | €0 | €37,905 | +€37,905 | |
| Taxes, remuneration and social security | 45 | €782 | €15,595 | +€14,813 | +1894.1% |
| Taxes | 450/3 | €782 | €11,895 | +€11,113 | +1421.0% |
| Remuneration and social security | 454/9 | - | €3,700 | +€3,700 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €245 | €1,058 | +€812 | +331.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,711 | €16,749 | +€6,038 | +56.4% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | - | €13,704 | +€13,704 | |
| Gross operating margin | 9900 | €46,264 | €79,632 | +€33,368 | +72.1% |
| Operating profit (loss) | 9901 | €35,047 | €48,659 | +€13,612 | +38.8% |
| Financial income | 75/76B | €1,308 | €582 | -€726 | -55.5% |
| Recurring financial income | 75 | €1,308 | €582 | -€726 | -55.5% |
| Financial charges | 65/66B | €116 | €297 | +€181 | +155.4% |
| Recurring financial charges | 65 | €116 | €297 | +€181 | +155.4% |
| Profit (loss) for the period before taxes | 9903 | €36,238 | €48,943 | +€12,705 | +35.1% |
| Income taxes | 67/77 | €8,390 | €13,520 | +€5,130 | +61.1% |
| Profit (loss) for the period | 9904 | €27,849 | €35,424 | +€7,575 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,849 | €35,424 | +€7,575 | +27.2% |
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 7 October 2026 via checked.be.