Mindblitz: 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.
Mindblitz
Largest movements
- Receivables within one year +€44,137
up €44,137 (+135%), from €32,807 to €76,944
of which Other amounts receivable: +€48,608
- Cash -€32,666
down €32,666 (-31.4%), from €104,036 to €71,370
mainly Receivables within one year (-€44,137) and Investment in fixed assets (net) (-€23,614)
- Tangible fixed assets +€17,493
up €17,493 (+187%), from €9,351 to €26,844
of which Plant, machinery and equipment: +€10,476
- Profit (loss) carried forward +€54,480
up €54,480 (+57.2%), from €95,231 to €149,712
- Tax, wage and social debts -€11,314
down €11,314 (-35.2%), from €32,149 to €20,835
of which Taxes: -€11,314
- Trade debts -€9,140
down €9,140 (-87.6%), from €10,428 to €1,289
- Other debts -€5,386
down €5,386 (-100%), from €5,386 to €0
- Taxes -€12,003
down €12,003 (-100%), from €12,003 to €0
- Depreciation +€3,390
up €3,390 (+124%), from €2,731 to €6,121
- Other operating charges +€1,239
up €1,239 (+508%), from €244 to €1,484
- Gross operating margin +€935
up €935 (+1.5%), from €62,475 to €63,410
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.
Derived cash bridge
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 | €146,194 | €175,157 | +€28,964 | +19.8% |
| Fixed assets | 21/28 | €9,351 | €26,844 | +€17,493 | +187% |
| Tangible fixed assets | 22/27 | €9,351 | €26,844 | +€17,493 | +187% |
| Plant, machinery and equipment | 23 | €6,663 | €17,139 | +€10,476 | +157% |
| Furniture and vehicles | 24 | €2,688 | €9,705 | +€7,017 | +261% |
| Current assets | 29/58 | €136,843 | €148,314 | +€11,471 | +8.4% |
| Amounts receivable within one year | 40/41 | €32,807 | €76,944 | +€44,137 | +135% |
| Trade receivables | 40 | €32,807 | €28,335 | -€4,472 | -13.6% |
| Other amounts receivable | 41 | - | €48,608 | +€48,608 | |
| Cash at bank and in hand | 54/58 | €104,036 | €71,370 | -€32,666 | -31.4% |
| Total equity and liabilities | 10/49 | €146,194 | €175,157 | +€28,964 | +19.8% |
| Equity | 10/15 | €98,231 | €152,712 | +€54,480 | +55.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,231 | €149,712 | +€54,480 | +57.2% |
| Amounts payable | 17/49 | €47,963 | €22,446 | -€25,517 | -53.2% |
| Amounts payable within one year | 42/48 | €47,963 | €22,446 | -€25,517 | -53.2% |
| Financial debts | 43 | - | €323 | +€323 | |
| Credit institutions | 430/8 | - | €323 | +€323 | |
| Trade debts | 44 | €10,428 | €1,289 | -€9,140 | -87.6% |
| Suppliers | 440/4 | €10,428 | €1,289 | -€9,140 | -87.6% |
| Taxes, remuneration and social security | 45 | €32,149 | €20,835 | -€11,314 | -35.2% |
| Taxes | 450/3 | €32,149 | €20,835 | -€11,314 | -35.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,386 | €0 | -€5,386 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,731 | €6,121 | +€3,390 | +124% |
| Other operating charges | 640/8 | €244 | €1,484 | +€1,239 | +508% |
| Gross operating margin | 9900 | €62,475 | €63,410 | +€935 | +1.5% |
| Operating profit (loss) | 9901 | €59,499 | €55,805 | -€3,694 | -6.2% |
| Financial income | 75/76B | €0 | €632 | +€632 | |
| Recurring financial income | 75 | €0 | €632 | +€632 | |
| Financial charges | 65/66B | €2,203 | €1,957 | -€246 | -11.2% |
| Recurring financial charges | 65 | €2,203 | €1,957 | -€246 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €57,296 | €54,480 | -€2,816 | -4.9% |
| Income taxes | 67/77 | €12,003 | €0 | -€12,003 | -100% |
| Profit (loss) for the period | 9904 | €45,293 | €54,480 | +€9,187 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,293 | €54,480 | +€9,187 | +20.3% |
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 16 October 2026 via checked.be.