MINDCONNECT: 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.
MINDCONNECT
Largest movements
- Cash -€1,303
down €1,303 (-13.0%), from €10,044 to €8,740
mainly Net result for the year (-€2,982) and Trade debts (-€200)
- Receivables within one year -€128
down €128 (-7.6%), from €1,684 to €1,555
of which Trade receivables: -€242
- Profit (loss) carried forward -€2,982
down €2,982 (-28.2%), from -€10,573 to -€13,555
- Accrued charges and deferred income +€1,750
up €1,750 (+50.0%), from €3,500 to €5,250
- Trade debts -€200
no longer reported in 2024 (was €200)
- Gross operating margin +€1,112
up €1,112 (+28.7%), from -€3,876 to -€2,765
- Financial charges -€59
down €59 (-21.3%), from €276 to €217
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,727 | €10,295 | -€1,432 | -12.2% |
| Current assets | 29/58 | €11,727 | €10,295 | -€1,432 | -12.2% |
| Amounts receivable within one year | 40/41 | €1,684 | €1,555 | -€128 | -7.6% |
| Trade receivables | 40 | €242 | - | -€242 | |
| Other amounts receivable | 41 | €1,442 | €1,555 | +€114 | +7.9% |
| Cash at bank and in hand | 54/58 | €10,044 | €8,740 | -€1,303 | -13.0% |
| Total equity and liabilities | 10/49 | €11,727 | €10,295 | -€1,432 | -12.2% |
| Equity | 10/15 | €8,027 | €5,045 | -€2,982 | -37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,573 | -€13,555 | -€2,982 | -28.2% |
| Amounts payable | 17/49 | €3,700 | €5,250 | +€1,550 | +41.9% |
| Amounts payable within one year | 42/48 | €200 | - | -€200 | |
| Trade debts | 44 | €200 | - | -€200 | |
| Suppliers | 440/4 | €200 | - | -€200 | |
| Accrued charges and deferred income | 492/3 | €3,500 | €5,250 | +€1,750 | +50.0% |
| Gross operating margin | 9900 | -€3,876 | -€2,765 | +€1,112 | +28.7% |
| Operating profit (loss) | 9901 | -€3,876 | -€2,765 | +€1,112 | +28.7% |
| Financial charges | 65/66B | €276 | €217 | -€59 | -21.3% |
| Recurring financial charges | 65 | €276 | €217 | -€59 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,152 | -€2,982 | +€1,171 | +28.2% |
| Profit (loss) for the period | 9904 | -€4,152 | -€2,982 | +€1,171 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,152 | -€2,982 | +€1,171 | +28.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.