mindchange.gegc: 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.
mindchange.gegc
Largest movements
- Cash -€39,858
down €39,858 (-66.6%), from €59,840 to €19,982
mainly Contributions, distributions and other (-€44,000) and Investment in fixed assets (net) (-€824)
- Receivables within one year -€1,955
down €1,955 (-35.9%), from €5,445 to €3,490
of which Trade receivables: -€1,955
- Profit (loss) carried forward -€44,000
down €44,000 (-88.6%), from €49,634 to €5,634
- Reserves +€984
up €984 (+10.8%), from €9,101 to €10,085
- Gross operating margin +€4,844
up €4,844, from -€2,011 to €2,833
- Depreciation +€474
up €474 (+99.4%), from €477 to €950
- Taxes +€289
up €289, from €0 to €289
- Other operating charges +€32
up €32 (+8.4%), from €387 to €420
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 | €66,595 | €24,655 | -€41,940 | -63.0% |
| Fixed assets | 21/28 | €1,310 | €1,183 | -€126 | -9.7% |
| Tangible fixed assets | 22/27 | €1,310 | €1,183 | -€126 | -9.7% |
| Furniture and vehicles | 24 | €1,310 | €1,183 | -€126 | -9.7% |
| Current assets | 29/58 | €65,285 | €23,471 | -€41,814 | -64.0% |
| Amounts receivable within one year | 40/41 | €5,445 | €3,490 | -€1,955 | -35.9% |
| Trade receivables | 40 | €5,445 | €3,490 | -€1,955 | -35.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €59,840 | €19,982 | -€39,858 | -66.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €66,595 | €24,655 | -€41,940 | -63.0% |
| Equity | 10/15 | €63,734 | €20,718 | -€43,016 | -67.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,101 | €10,085 | +€984 | +10.8% |
| Distributable reserves | 133 | €9,101 | €10,085 | +€984 | +10.8% |
| Profit (loss) carried forward | 14 | €49,634 | €5,634 | -€44,000 | -88.6% |
| Amounts payable | 17/49 | €2,861 | €3,936 | +€1,076 | +37.6% |
| Amounts payable within one year | 42/48 | €2,861 | €3,936 | +€1,076 | +37.6% |
| Trade debts | 44 | €95 | €152 | +€57 | +59.9% |
| Suppliers | 440/4 | €95 | €152 | +€57 | +59.9% |
| Taxes, remuneration and social security | 45 | €43 | €487 | +€444 | +1,037% |
| Taxes | 450/3 | €43 | €487 | +€444 | +1,037% |
| Other amounts payable | 47/48 | €2,723 | €3,297 | +€575 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477 | €950 | +€474 | +99.4% |
| Other operating charges | 640/8 | €387 | €420 | +€32 | +8.4% |
| Gross operating margin | 9900 | -€2,011 | €2,833 | +€4,844 | |
| Operating profit (loss) | 9901 | -€2,875 | €1,463 | +€4,338 | |
| Financial charges | 65/66B | €174 | €190 | +€17 | +9.5% |
| Recurring financial charges | 65 | €174 | €190 | +€17 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,049 | €1,273 | +€4,321 | |
| Income taxes | 67/77 | €0 | €289 | +€289 | |
| Profit (loss) for the period | 9904 | -€3,049 | €984 | +€4,033 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,049 | €984 | +€4,033 |
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 21 October 2026 via checked.be.