MindCorp: 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.
MindCorp
Largest movements
- Cash +€18,466
up €18,466 (+61.6%), from €29,956 to €48,422
mainly Net result for the year (+€5,562) and Trade debts (+€4,293)
- Receivables within one year -€4,192
down €4,192 (-10.5%), from €39,918 to €35,726
of which Trade receivables: -€5,291
- Tangible fixed assets -€898
down €898 (-38.1%), from €2,358 to €1,460
- Profit (loss) carried forward +€5,562
up €5,562 (+9.8%), from €56,681 to €62,243
- Trade debts +€4,293
up €4,293 (+191.9%), from €2,237 to €6,529
- Tax, wage and social debts +€1,410
up €1,410 (+10.1%), from €13,942 to €15,351
of which Taxes: +€3,560
- Current portion of long-term debt +€980
new in 2025: €980
- Gross operating margin -€19,358
down €19,358 (-65.3%), from €29,646 to €10,288
- Taxes -€4,628
down €4,628 (-69.2%), from €6,690 to €2,062
- Other operating charges +€1,028
up €1,028 (+200.2%), from €513 to €1,541
- Depreciation +€562
up €562 (+167.1%), from €336 to €898
- Financial charges -€467
down €467 (-63.4%), from €737 to €270
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 | €74,859 | €87,103 | +€12,244 | +16.4% |
| Fixed assets | 21/28 | €2,358 | €1,460 | -€898 | -38.1% |
| Tangible fixed assets | 22/27 | €2,358 | €1,460 | -€898 | -38.1% |
| Furniture and vehicles | 24 | €2,358 | €1,460 | -€898 | -38.1% |
| Current assets | 29/58 | €72,501 | €85,643 | +€13,143 | +18.1% |
| Amounts receivable within one year | 40/41 | €39,918 | €35,726 | -€4,192 | -10.5% |
| Trade receivables | 40 | €23,636 | €18,345 | -€5,291 | -22.4% |
| Other amounts receivable | 41 | €16,282 | €17,381 | +€1,099 | +6.8% |
| Current investments | 50/53 | €1,733 | €960 | -€773 | -44.6% |
| Cash at bank and in hand | 54/58 | €29,956 | €48,422 | +€18,466 | +61.6% |
| Deferred charges and accrued income | 490/1 | €894 | €536 | -€358 | -40.1% |
| Total equity and liabilities | 10/49 | €74,859 | €87,103 | +€12,244 | +16.4% |
| Equity | 10/15 | €58,681 | €64,243 | +€5,562 | +9.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,681 | €62,243 | +€5,562 | +9.8% |
| Amounts payable | 17/49 | €16,178 | €22,861 | +€6,682 | +41.3% |
| Amounts payable within one year | 42/48 | €16,178 | €22,861 | +€6,682 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | - | €980 | +€980 | |
| Trade debts | 44 | €2,237 | €6,529 | +€4,293 | +191.9% |
| Suppliers | 440/4 | €2,237 | €6,529 | +€4,293 | +191.9% |
| Taxes, remuneration and social security | 45 | €13,942 | €15,351 | +€1,410 | +10.1% |
| Taxes | 450/3 | €10,717 | €14,276 | +€3,560 | +33.2% |
| Remuneration and social security | 454/9 | €3,225 | €1,075 | -€2,150 | -66.7% |
| Non-recurring operating income | 76A | €73 | - | -€73 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €898 | +€562 | +167.1% |
| Other operating charges | 640/8 | €513 | €1,541 | +€1,028 | +200.2% |
| Gross operating margin | 9900 | €29,646 | €10,288 | -€19,358 | -65.3% |
| Operating profit (loss) | 9901 | €28,796 | €7,849 | -€20,948 | -72.7% |
| Financial income | 75/76B | €65 | €45 | -€20 | -30.4% |
| Recurring financial income | 75 | €65 | €45 | -€20 | -30.4% |
| Financial charges | 65/66B | €737 | €270 | -€467 | -63.4% |
| Recurring financial charges | 65 | €737 | €270 | -€467 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €28,125 | €7,624 | -€20,501 | -72.9% |
| Income taxes | 67/77 | €6,690 | €2,062 | -€4,628 | -69.2% |
| Profit (loss) for the period | 9904 | €21,435 | €5,562 | -€15,873 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,435 | €5,562 | -€15,873 | -74.1% |
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 10 October 2026 via checked.be.