MINDMED SUSIN: what changed
MINDMED SUSIN
Largest movements
- Cash +€41,216
up €41,216 (+62.8%), from €65,674 to €106,890
mainly Net result for the year (+€37,764) and Depreciation (+€25,482)
- Tangible fixed assets -€24,273
down €24,273 (-30.3%), from €80,091 to €55,818
of which Furniture and vehicles: -€17,407
- Receivables within one year -€8,119
down €8,119 (-5.7%), from €142,815 to €134,696
of which Trade receivables: -€32,953
- Profit (loss) carried forward +€37,764
up €37,764 (+28.8%), from €131,180 to €168,944
- Debts after one year -€15,393
down €15,393 (-43.5%), from €35,354 to €19,961
- Tax, wage and social debts -€7,286
down €7,286 (-13.5%), from €54,147 to €46,861
- Trade debts -€6,512
down €6,512 (-85.6%), from €7,606 to €1,094
- Financial charges +€62,726
up €62,726 (+4,039%), from €1,553 to €64,279
- Gross operating margin -€37,956
down €37,956 (-21.4%), from €176,969 to €139,013
- Taxes -€25,792
down €25,792 (-71.0%), from €36,327 to €10,534
- Depreciation +€3,966
up €3,966 (+18.4%), from €21,516 to €25,482
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,186 | €298,253 | +€9,067 | +3.1% |
| Fixed assets | 21/28 | €80,091 | €55,818 | -€24,273 | -30.3% |
| Tangible fixed assets | 22/27 | €80,091 | €55,818 | -€24,273 | -30.3% |
| Furniture and vehicles | 24 | €56,739 | €39,332 | -€17,407 | -30.7% |
| Other tangible fixed assets | 26 | €23,352 | €16,486 | -€6,866 | -29.4% |
| Current assets | 29/58 | €209,095 | €242,434 | +€33,340 | +15.9% |
| Amounts receivable within one year | 40/41 | €142,815 | €134,696 | -€8,119 | -5.7% |
| Trade receivables | 40 | €35,321 | €2,367 | -€32,953 | -93.3% |
| Other amounts receivable | 41 | €107,495 | €132,329 | +€24,834 | +23.1% |
| Cash at bank and in hand | 54/58 | €65,674 | €106,890 | +€41,216 | +62.8% |
| Deferred charges and accrued income | 490/1 | €606 | €848 | +€243 | +40.1% |
| Total equity and liabilities | 10/49 | €289,186 | €298,253 | +€9,067 | +3.1% |
| Equity | 10/15 | €177,180 | €214,944 | +€37,764 | +21.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,180 | €168,944 | +€37,764 | +28.8% |
| Amounts payable | 17/49 | €112,005 | €83,309 | -€28,696 | -25.6% |
| Amounts payable after more than one year | 17 | €35,354 | €19,961 | -€15,393 | -43.5% |
| Financial debts | 170/4 | €35,354 | €19,961 | -€15,393 | -43.5% |
| Amounts payable within one year | 42/48 | €76,652 | €63,348 | -€13,304 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €14,898 | €15,393 | +€494 | +3.3% |
| Trade debts | 44 | €7,606 | €1,094 | -€6,512 | -85.6% |
| Suppliers | 440/4 | €7,606 | €1,094 | -€6,512 | -85.6% |
| Taxes, remuneration and social security | 45 | €54,147 | €46,861 | -€7,286 | -13.5% |
| Taxes | 450/3 | €54,147 | €46,861 | -€7,286 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,516 | €25,482 | +€3,966 | +18.4% |
| Other operating charges | 640/8 | €2,301 | €954 | -€1,346 | -58.5% |
| Gross operating margin | 9900 | €176,969 | €139,013 | -€37,956 | -21.4% |
| Operating profit (loss) | 9901 | €153,152 | €112,577 | -€40,576 | -26.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,553 | €64,279 | +€62,726 | +4,039% |
| Recurring financial charges | 65 | €1,553 | €64,279 | +€62,726 | +4,039% |
| Profit (loss) for the period before taxes | 9903 | €151,600 | €48,298 | -€103,302 | -68.1% |
| Income taxes | 67/77 | €36,327 | €10,534 | -€25,792 | -71.0% |
| Profit (loss) for the period | 9904 | €115,273 | €37,764 | -€77,509 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €115,273 | €37,764 | -€77,509 | -67.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.