Minding: 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.
Minding
Largest movements
- Cash +€41,230
up €41,230 (+48.8%), from €84,524 to €125,755
mainly Net result for the year (+€51,442) and Other debts (+€37,798)
- Receivables within one year +€7,921
up €7,921 (+49.4%), from €16,023 to €23,944
of which Trade receivables: +€4,594
- Other debts +€37,798
up €37,798 (+1038.0%), from €3,641 to €41,439
- Reserves +€5,536
up €5,536 (+8.1%), from €68,548 to €74,084
- Tax, wage and social debts +€2,066
up €2,066 (+16.1%), from €12,800 to €14,866
- Trade debts +€1,599
up €1,599 (+98.6%), from €1,621 to €3,220
- Gross operating margin -€26,804
down €26,804 (-25.9%), from €103,292 to €76,488
- Taxes -€6,883
down €6,883 (-26.8%), from €25,700 to €18,817
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 | €105,538 | €153,089 | +€47,551 | +45.1% |
| Formation expenses | 20 | €544 | €0 | -€544 | -100.0% |
| Fixed assets | 21/28 | €3,210 | €2,110 | -€1,100 | -34.3% |
| Tangible fixed assets | 22/27 | €3,210 | €2,110 | -€1,100 | -34.3% |
| Furniture and vehicles | 24 | €3,210 | €2,110 | -€1,100 | -34.3% |
| Current assets | 29/58 | €101,783 | €150,980 | +€49,196 | +48.3% |
| Amounts receivable within one year | 40/41 | €16,023 | €23,944 | +€7,921 | +49.4% |
| Trade receivables | 40 | €16,023 | €20,617 | +€4,594 | +28.7% |
| Other amounts receivable | 41 | €0 | €3,327 | +€3,327 | |
| Cash at bank and in hand | 54/58 | €84,524 | €125,755 | +€41,230 | +48.8% |
| Deferred charges and accrued income | 490/1 | €1,237 | €1,281 | +€44 | +3.6% |
| Total equity and liabilities | 10/49 | €105,538 | €153,089 | +€47,551 | +45.1% |
| Equity | 10/15 | €87,148 | €92,684 | +€5,536 | +6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,548 | €74,084 | +€5,536 | +8.1% |
| Distributable reserves | 133 | €68,548 | €74,084 | +€5,536 | +8.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,389 | €60,405 | +€42,015 | +228.5% |
| Amounts payable within one year | 42/48 | €18,062 | €59,525 | +€41,463 | +229.6% |
| Trade debts | 44 | €1,621 | €3,220 | +€1,599 | +98.6% |
| Suppliers | 440/4 | €1,621 | €3,220 | +€1,599 | +98.6% |
| Taxes, remuneration and social security | 45 | €12,800 | €14,866 | +€2,066 | +16.1% |
| Taxes | 450/3 | €12,800 | €14,866 | +€2,066 | +16.1% |
| Other amounts payable | 47/48 | €3,641 | €41,439 | +€37,798 | +1038.0% |
| Accrued charges and deferred income | 492/3 | €327 | €880 | +€553 | +168.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €1,645 | +€745 | +82.8% |
| Other operating charges | 640/8 | €680 | €691 | +€11 | +1.7% |
| Gross operating margin | 9900 | €103,292 | €76,488 | -€26,804 | -25.9% |
| Operating profit (loss) | 9901 | €101,712 | €74,152 | -€27,561 | -27.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,557 | €3,892 | +€335 | +9.4% |
| Recurring financial charges | 65 | €3,557 | €3,892 | +€335 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €98,155 | €70,259 | -€27,896 | -28.4% |
| Income taxes | 67/77 | €25,700 | €18,817 | -€6,883 | -26.8% |
| Profit (loss) for the period | 9904 | €72,455 | €51,442 | -€21,013 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,455 | €51,442 | -€21,013 | -29.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.