MINDMOVER: 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.
MINDMOVER
Largest movements
- Cash +€383,619
up €383,619 (+162.9%), from €235,558 to €619,177
mainly Receivables within one year (+€241,666) and Net result for the year (+€159,816)
- Receivables within one year -€241,666
down €241,666 (-15.7%), from €1.5m to €1.3m
of which Trade receivables: -€247,602
- Financial fixed assets +€83,950
up €83,950 (+6764.7%), from €1,241 to €85,191
- Tangible fixed assets -€62,319
down €62,319 (-36.9%), from €168,759 to €106,441
of which Plant, machinery and equipment: -€38,154
- Receivables after one year -€39,500
down €39,500 (-60.8%), from €65,000 to €25,500
- Reserves +€159,816
up €159,816 (+20.5%), from €778,242 to €938,058
of which Distributable reserves: +€159,816
- Accrued charges and deferred income -€85,132
down €85,132 (-64.4%), from €132,151 to €47,019
- Trade debts -€62,722
down €62,722 (-6.0%), from €1.1m to €989,656
- Short-term financial debts +€46,000
new in 2025: €46,000
- Tax, wage and social debts +€36,907
up €36,907 (+46.8%), from €78,872 to €115,779
of which Taxes: +€28,819
- Gross operating margin +€102,837
up €102,837 (+26.0%), from €395,030 to €497,866
- Staff costs +€55,182
up €55,182 (+65.6%), from €84,153 to €139,335
- Taxes +€28,615
up €28,615 (+41.7%), from €68,566 to €97,181
- Financial income +€16,041
up €16,041 (+506.5%), from €3,167 to €19,208
- Depreciation -€12,067
down €12,067 (-12.3%), from €98,075 to €86,008
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 | €2,065,138 | €2,160,246 | +€95,109 | +4.6% |
| Fixed assets | 21/28 | €170,000 | €191,632 | +€21,631 | +12.7% |
| Tangible fixed assets | 22/27 | €168,759 | €106,441 | -€62,319 | -36.9% |
| Plant, machinery and equipment | 23 | €70,454 | €32,300 | -€38,154 | -54.2% |
| Furniture and vehicles | 24 | €94,821 | €72,517 | -€22,304 | -23.5% |
| Other tangible fixed assets | 26 | €3,483 | €1,623 | -€1,860 | -53.4% |
| Financial fixed assets | 28 | €1,241 | €85,191 | +€83,950 | +6764.7% |
| Current assets | 29/58 | €1,895,138 | €1,968,615 | +€73,477 | +3.9% |
| Amounts receivable after more than one year | 29 | €65,000 | €25,500 | -€39,500 | -60.8% |
| Other amounts receivable | 291 | €65,000 | €25,500 | -€39,500 | -60.8% |
| Amounts receivable within one year | 40/41 | €1,538,308 | €1,296,642 | -€241,666 | -15.7% |
| Trade receivables | 40 | €1,075,207 | €827,605 | -€247,602 | -23.0% |
| Other amounts receivable | 41 | €463,101 | €469,036 | +€5,936 | +1.3% |
| Cash at bank and in hand | 54/58 | €235,558 | €619,177 | +€383,619 | +162.9% |
| Deferred charges and accrued income | 490/1 | €56,271 | €27,296 | -€28,975 | -51.5% |
| Total equity and liabilities | 10/49 | €2,065,138 | €2,160,246 | +€95,109 | +4.6% |
| Equity | 10/15 | €796,842 | €956,658 | +€159,816 | +20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €778,242 | €938,058 | +€159,816 | +20.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €776,382 | €936,198 | +€159,816 | +20.6% |
| Amounts payable | 17/49 | €1,268,296 | €1,203,589 | -€64,707 | -5.1% |
| Amounts payable within one year | 42/48 | €1,136,145 | €1,156,570 | +€20,425 | +1.8% |
| Financial debts | 43 | - | €46,000 | +€46,000 | |
| Credit institutions | 430/8 | - | €46,000 | +€46,000 | |
| Trade debts | 44 | €1,052,378 | €989,656 | -€62,722 | -6.0% |
| Suppliers | 440/4 | €1,052,378 | €989,656 | -€62,722 | -6.0% |
| Taxes, remuneration and social security | 45 | €78,872 | €115,779 | +€36,907 | +46.8% |
| Taxes | 450/3 | €68,566 | €97,385 | +€28,819 | +42.0% |
| Remuneration and social security | 454/9 | €10,306 | €18,394 | +€8,088 | +78.5% |
| Other amounts payable | 47/48 | €4,894 | €5,134 | +€240 | +4.9% |
| Accrued charges and deferred income | 492/3 | €132,151 | €47,019 | -€85,132 | -64.4% |
| Non-recurring operating income | 76A | - | €650 | +€650 | |
| Remuneration, social security and pensions | 62 | €84,153 | €139,335 | +€55,182 | +65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,075 | €86,008 | -€12,067 | -12.3% |
| Other operating charges | 640/8 | €10,319 | €5,058 | -€5,261 | -51.0% |
| Non-recurring operating charges | 66A | €3,059 | €16,789 | +€13,730 | +448.8% |
| Gross operating margin | 9900 | €395,030 | €497,866 | +€102,837 | +26.0% |
| Operating profit (loss) | 9901 | €199,423 | €250,677 | +€51,254 | +25.7% |
| Financial income | 75/76B | €3,167 | €19,208 | +€16,041 | +506.5% |
| Recurring financial income | 75 | €3,167 | €19,208 | +€16,041 | +506.5% |
| Financial charges | 65/66B | €19,594 | €12,888 | -€6,706 | -34.2% |
| Recurring financial charges | 65 | €19,512 | €12,888 | -€6,624 | -33.9% |
| Non-recurring financial charges | 66B | €83 | - | -€83 | |
| Profit (loss) for the period before taxes | 9903 | €182,996 | €256,996 | +€74,001 | +40.4% |
| Income taxes | 67/77 | €68,566 | €97,181 | +€28,615 | +41.7% |
| Profit (loss) for the period | 9904 | €114,430 | €159,816 | +€45,386 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €114,430 | €159,816 | +€45,386 | +39.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.