MINDBOX: 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.
MINDBOX
Largest movements
- Cash -€175,071
down €175,071 (-71.8%), from €243,686 to €68,615
mainly Net result for the year (-€116,642) and Tax, wage and social debts (-€106,287)
- Receivables within one year -€166,865
down €166,865 (-52.0%), from €321,161 to €154,296
of which Other amounts receivable: -€153,853
- Tangible fixed assets +€63,680
up €63,680 (+31.4%), from €202,761 to €266,441
of which Other tangible fixed assets: +€39,962
- Deferred charges and accrued income +€15,271
new in 2025: €15,271
- Profit (loss) carried forward -€116,642
down €116,642 (-34.8%), from €335,418 to €218,776
- Tax, wage and social debts -€106,287
down €106,287 (-96.3%), from €110,340 to €4,053
of which Taxes: -€84,615
- Debts after one year +€47,382
up €47,382 (+32.9%), from €143,801 to €191,183
- Current portion of long-term debt -€33,324
down €33,324 (-63.7%), from €52,346 to €19,022
- Trade debts -€29,114
down €29,114 (-36.6%), from €79,503 to €50,389
- Turnover -€216,757
down €216,757 (-33.3%), from €650,708 to €433,951
- Gross operating margin -€141,868
down €141,868 (-97.8%), from €145,125 to €3,257
- Purchases and services -€74,890
down €74,890 (-14.8%), from €505,583 to €430,693
- Other operating charges +€30,254
up €30,254 (+1468.6%), from €2,060 to €32,314
- Staff costs +€14,787
up €14,787 (+39.6%), from €37,383 to €52,170
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 | €767,608 | €504,623 | -€262,985 | -34.3% |
| Fixed assets | 21/28 | €202,761 | €266,441 | +€63,680 | +31.4% |
| Tangible fixed assets | 22/27 | €202,761 | €266,441 | +€63,680 | +31.4% |
| Land and buildings | 22 | €159,328 | €148,132 | -€11,196 | -7.0% |
| Furniture and vehicles | 24 | - | €34,913 | +€34,913 | |
| Other tangible fixed assets | 26 | €43,433 | €83,396 | +€39,962 | +92.0% |
| Current assets | 29/58 | €564,848 | €238,182 | -€326,666 | -57.8% |
| Amounts receivable within one year | 40/41 | €321,161 | €154,296 | -€166,865 | -52.0% |
| Trade receivables | 40 | €120,313 | €107,301 | -€13,012 | -10.8% |
| Other amounts receivable | 41 | €200,848 | €46,995 | -€153,853 | -76.6% |
| Cash at bank and in hand | 54/58 | €243,686 | €68,615 | -€175,071 | -71.8% |
| Deferred charges and accrued income | 490/1 | - | €15,271 | +€15,271 | |
| Total equity and liabilities | 10/49 | €767,608 | €504,623 | -€262,985 | -34.3% |
| Equity | 10/15 | €341,618 | €224,976 | -€116,642 | -34.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €335,418 | €218,776 | -€116,642 | -34.8% |
| Amounts payable | 17/49 | €425,990 | €279,647 | -€146,343 | -34.4% |
| Amounts payable after more than one year | 17 | €143,801 | €191,183 | +€47,382 | +32.9% |
| Financial debts | 170/4 | €143,801 | €191,183 | +€47,382 | +32.9% |
| Amounts payable within one year | 42/48 | €282,190 | €88,465 | -€193,725 | -68.7% |
| Current portion of amounts payable after more than one year | 42 | €52,346 | €19,022 | -€33,324 | -63.7% |
| Trade debts | 44 | €79,503 | €50,389 | -€29,114 | -36.6% |
| Suppliers | 440/4 | €79,503 | €50,389 | -€29,114 | -36.6% |
| Taxes, remuneration and social security | 45 | €110,340 | €4,053 | -€106,287 | -96.3% |
| Taxes | 450/3 | €84,615 | - | -€84,615 | |
| Remuneration and social security | 454/9 | €25,725 | €4,053 | -€21,672 | -84.2% |
| Other amounts payable | 47/48 | €40,000 | €15,000 | -€25,000 | -62.5% |
| Turnover | 70 | €650,708 | €433,951 | -€216,757 | -33.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €505,583 | €430,693 | -€74,890 | -14.8% |
| Remuneration, social security and pensions | 62 | €37,383 | €52,170 | +€14,787 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,021 | €23,492 | +€7,470 | +46.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €211 | €6,183 | +€5,972 | +2825.7% |
| Other operating charges | 640/8 | €2,060 | €32,314 | +€30,254 | +1468.6% |
| Gross operating margin | 9900 | €145,125 | €3,257 | -€141,868 | -97.8% |
| Operating profit (loss) | 9901 | €89,449 | -€110,902 | -€200,351 | |
| Financial income | 75/76B | €354 | - | -€354 | |
| Recurring financial income | 75 | €354 | - | -€354 | |
| Financial charges | 65/66B | €3,744 | €5,741 | +€1,997 | +53.3% |
| Recurring financial charges | 65 | €3,744 | €5,741 | +€1,997 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €86,059 | -€116,642 | -€202,701 | |
| Income taxes | 67/77 | €4,405 | - | -€4,405 | |
| Profit (loss) for the period | 9904 | €81,654 | -€116,642 | -€198,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,654 | -€116,642 | -€198,296 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.