Mindmade: 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.
Mindmade
Largest movements
- Cash +€12,145
up €12,145 (+35.0%), from €34,654 to €46,799
mainly Net result for the year (+€39,855) and Other debts (+€34,261)
- Tangible fixed assets -€5,722
down €5,722 (-28.9%), from €19,775 to €14,054
of which Other tangible fixed assets: -€4,327
- Other debts +€34,261
up €34,261 (+345.6%), from €9,915 to €44,176
- Contributions -€17,600
down €17,600 (-94.6%), from €18,600 to €1,000
- Reserves -€15,184
down €15,184 (-100.0%), from €15,184 to €0
- Debts after one year +€3,722
up €3,722 (+26.8%), from €13,878 to €17,600
- Tax, wage and social debts +€931
up €931 (+15.2%), from €6,139 to €7,070
- Gross operating margin +€36,902
up €36,902 (+172.2%), from €21,428 to €58,330
- Taxes +€7,829
up €7,829 (+201.0%), from €3,895 to €11,725
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 | €69,717 | €76,754 | +€7,037 | +10.1% |
| Fixed assets | 21/28 | €19,775 | €14,054 | -€5,722 | -28.9% |
| Tangible fixed assets | 22/27 | €19,775 | €14,054 | -€5,722 | -28.9% |
| Furniture and vehicles | 24 | €2,462 | €1,067 | -€1,395 | -56.7% |
| Other tangible fixed assets | 26 | €17,313 | €12,987 | -€4,327 | -25.0% |
| Current assets | 29/58 | €49,942 | €62,700 | +€12,758 | +25.5% |
| Amounts receivable within one year | 40/41 | €13,149 | €13,738 | +€589 | +4.5% |
| Trade receivables | 40 | €11,413 | €12,463 | +€1,050 | +9.2% |
| Other amounts receivable | 41 | €1,736 | €1,275 | -€460 | -26.5% |
| Cash at bank and in hand | 54/58 | €34,654 | €46,799 | +€12,145 | +35.0% |
| Deferred charges and accrued income | 490/1 | €2,138 | €2,162 | +€24 | +1.1% |
| Total equity and liabilities | 10/49 | €69,717 | €76,754 | +€7,037 | +10.1% |
| Equity | 10/15 | €33,784 | €1,000 | -€32,784 | -97.0% |
| Contributions | 10/11 | €18,600 | €1,000 | -€17,600 | -94.6% |
| Reserves | 13 | €15,184 | €0 | -€15,184 | -100.0% |
| Distributable reserves | 133 | €15,184 | €0 | -€15,184 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,933 | €75,754 | +€39,820 | +110.8% |
| Amounts payable after more than one year | 17 | €13,878 | €17,600 | +€3,722 | +26.8% |
| Other amounts payable | 178/9 | €13,878 | €17,600 | +€3,722 | +26.8% |
| Amounts payable within one year | 42/48 | €22,055 | €58,154 | +€36,099 | +163.7% |
| Trade debts | 44 | €6,002 | €6,908 | +€906 | +15.1% |
| Suppliers | 440/4 | €6,002 | €6,908 | +€906 | +15.1% |
| Taxes, remuneration and social security | 45 | €6,139 | €7,070 | +€931 | +15.2% |
| Taxes | 450/3 | €6,139 | €7,070 | +€931 | +15.2% |
| Other amounts payable | 47/48 | €9,915 | €44,176 | +€34,261 | +345.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,277 | €5,722 | -€556 | -8.9% |
| Other operating charges | 640/8 | €529 | €457 | -€73 | -13.7% |
| Gross operating margin | 9900 | €21,428 | €58,330 | +€36,902 | +172.2% |
| Operating profit (loss) | 9901 | €14,621 | €52,152 | +€37,531 | +256.7% |
| Financial income | 75/76B | €9 | €0 | -€9 | -99.9% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.9% |
| Financial charges | 65/66B | €820 | €572 | -€247 | -30.2% |
| Recurring financial charges | 65 | €820 | €572 | -€247 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €13,810 | €51,579 | +€37,769 | +273.5% |
| Income taxes | 67/77 | €3,895 | €11,725 | +€7,829 | +201.0% |
| Profit (loss) for the period | 9904 | €9,915 | €39,855 | +€29,940 | +302.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,915 | €39,855 | +€29,940 | +302.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.