MINDBYTES: 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.
MINDBYTES
Largest movements
- Receivables within one year +€639,877
up €639,877 (+115.6%), from €553,712 to €1.2m
of which Other amounts receivable: +€344,210
- Intangible fixed assets +€156,491
up €156,491 (+228.6%), from €68,446 to €224,937
- Receivables after one year -€110,000
down €110,000 (-50.0%), from €220,000 to €110,000
- Deferred charges and accrued income -€16,749
down €16,749 (-79.2%), from €21,156 to €4,407
- Other debts +€345,622
up €345,622, from €0 to €345,622
- Trade debts +€269,511
up €269,511 (+4166.9%), from €6,468 to €275,979
- Reserves +€33,327
up €33,327 (+20.1%), from €165,504 to €198,831
of which Distributable reserves: +€33,327
- Tax, wage and social debts +€16,556
up €16,556 (+447.6%), from €3,699 to €20,255
- Gross operating margin -€104,564
down €104,564 (-47.1%), from €221,907 to €117,343
- Depreciation +€44,754
up €44,754 (+143.8%), from €31,124 to €75,878
- Taxes -€23,812
down €23,812 (-57.1%), from €41,721 to €17,909
- Financial charges +€6,013
up €6,013 (+318.8%), from €1,886 to €7,899
- Financial income +€2,684
up €2,684 (+17.2%), from €15,618 to €18,302
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 | €911,873 | €1,570,590 | +€658,717 | +72.2% |
| Fixed assets | 21/28 | €114,899 | €260,347 | +€145,449 | +126.6% |
| Intangible fixed assets | 21 | €68,446 | €224,937 | +€156,491 | +228.6% |
| Tangible fixed assets | 22/27 | €46,453 | €35,411 | -€11,042 | -23.8% |
| Plant, machinery and equipment | 23 | €2,924 | €1,921 | -€1,003 | -34.3% |
| Furniture and vehicles | 24 | €43,529 | €33,490 | -€10,039 | -23.1% |
| Current assets | 29/58 | €796,974 | €1,310,243 | +€513,268 | +64.4% |
| Amounts receivable after more than one year | 29 | €220,000 | €110,000 | -€110,000 | -50.0% |
| Other amounts receivable | 291 | €220,000 | €110,000 | -€110,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €553,712 | €1,193,588 | +€639,877 | +115.6% |
| Trade receivables | 40 | €27,493 | €323,160 | +€295,667 | +1075.4% |
| Other amounts receivable | 41 | €526,218 | €870,428 | +€344,210 | +65.4% |
| Cash at bank and in hand | 54/58 | €2,107 | €2,248 | +€141 | +6.7% |
| Deferred charges and accrued income | 490/1 | €21,156 | €4,407 | -€16,749 | -79.2% |
| Total equity and liabilities | 10/49 | €911,873 | €1,570,590 | +€658,717 | +72.2% |
| Equity | 10/15 | €856,311 | €889,638 | +€33,327 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €165,504 | €198,831 | +€33,327 | +20.1% |
| 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 | €163,644 | €196,971 | +€33,327 | +20.4% |
| Profit (loss) carried forward | 14 | €672,207 | €672,207 | = | 0.0% |
| Amounts payable | 17/49 | €55,563 | €680,953 | +€625,390 | +1125.6% |
| Amounts payable after more than one year | 17 | €33,510 | €21,575 | -€11,935 | -35.6% |
| Financial debts | 170/4 | €33,510 | €21,575 | -€11,935 | -35.6% |
| Amounts payable within one year | 42/48 | €21,787 | €652,715 | +€630,927 | +2895.8% |
| Current portion of amounts payable after more than one year | 42 | €11,621 | €10,859 | -€762 | -6.6% |
| Trade debts | 44 | €6,468 | €275,979 | +€269,511 | +4166.9% |
| Suppliers | 440/4 | €6,468 | €275,979 | +€269,511 | +4166.9% |
| Taxes, remuneration and social security | 45 | €3,699 | €20,255 | +€16,556 | +447.6% |
| Taxes | 450/3 | €3,699 | €20,255 | +€16,556 | +447.6% |
| Other amounts payable | 47/48 | €0 | €345,622 | +€345,622 | |
| Accrued charges and deferred income | 492/3 | €265 | €6,663 | +€6,398 | +2411.5% |
| Non-recurring operating income | 76A | €8,697 | €58,999 | +€50,303 | +578.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,124 | €75,878 | +€44,754 | +143.8% |
| Other operating charges | 640/8 | €589 | €632 | +€44 | +7.4% |
| Gross operating margin | 9900 | €221,907 | €117,343 | -€104,564 | -47.1% |
| Operating profit (loss) | 9901 | €190,194 | €40,833 | -€149,361 | -78.5% |
| Financial income | 75/76B | €15,618 | €18,302 | +€2,684 | +17.2% |
| Recurring financial income | 75 | €15,618 | €18,302 | +€2,684 | +17.2% |
| Financial charges | 65/66B | €1,886 | €7,899 | +€6,013 | +318.8% |
| Recurring financial charges | 65 | €1,886 | €7,899 | +€6,013 | +318.8% |
| Profit (loss) for the period before taxes | 9903 | €203,926 | €51,236 | -€152,691 | -74.9% |
| Income taxes | 67/77 | €41,721 | €17,909 | -€23,812 | -57.1% |
| Profit (loss) for the period | 9904 | €162,205 | €33,327 | -€128,878 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €162,205 | €33,327 | -€128,878 | -79.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.