MINDO: 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.
MINDO
Largest movements
- Receivables within one year +€1,524
up €1,524 (+11.8%), from €12,928 to €14,452
of which Trade receivables: +€6,613
- Deferred charges and accrued income +€1,484
up €1,484 (+26.4%), from €5,620 to €7,103
- Cash -€892
down €892 (-46.6%), from €1,914 to €1,022
mainly Net result for the year (-€17,487) and Receivables within one year (-€1,524)
- Profit (loss) carried forward -€17,487
down €17,487, from €15,298 to -€2,190
- Other debts +€11,731
new in 2024: €11,731
- Trade debts +€7,897
up €7,897 (+474.4%), from €1,665 to €9,561
- Gross operating margin -€36,771
down €36,771, from €21,026 to -€15,745
- Taxes -€4,025
down €4,025, from €4,000 to -€25
- Depreciation -€1,877
no longer reported in 2024 (was €1,877)
- Other operating charges +€1,129
up €1,129 (+1035.8%), from €109 to €1,238
- Staff costs +€698
up €698 (+1096.1%), from €64 to €762
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,462 | €22,577 | +€2,115 | +10.3% |
| Current assets | 29/58 | €20,462 | €22,577 | +€2,115 | +10.3% |
| Amounts receivable within one year | 40/41 | €12,928 | €14,452 | +€1,524 | +11.8% |
| Trade receivables | 40 | - | €6,613 | +€6,613 | |
| Other amounts receivable | 41 | €12,928 | €7,840 | -€5,089 | -39.4% |
| Cash at bank and in hand | 54/58 | €1,914 | €1,022 | -€892 | -46.6% |
| Deferred charges and accrued income | 490/1 | €5,620 | €7,103 | +€1,484 | +26.4% |
| Total equity and liabilities | 10/49 | €20,462 | €22,577 | +€2,115 | +10.3% |
| Equity | 10/15 | €17,798 | €310 | -€17,487 | -98.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,298 | -€2,190 | -€17,487 | |
| Amounts payable | 17/49 | €2,665 | €22,267 | +€19,603 | +735.7% |
| Amounts payable within one year | 42/48 | €2,665 | €22,267 | +€19,603 | +735.7% |
| Trade debts | 44 | €1,665 | €9,561 | +€7,897 | +474.4% |
| Suppliers | 440/4 | €1,665 | €9,561 | +€7,897 | +474.4% |
| Taxes, remuneration and social security | 45 | €1,000 | €975 | -€25 | -2.5% |
| Taxes | 450/3 | €1,000 | €975 | -€25 | -2.5% |
| Other amounts payable | 47/48 | - | €11,731 | +€11,731 | |
| Remuneration, social security and pensions | 62 | €64 | €762 | +€698 | +1096.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,877 | - | -€1,877 | |
| Other operating charges | 640/8 | €109 | €1,238 | +€1,129 | +1035.8% |
| Gross operating margin | 9900 | €21,026 | -€15,745 | -€36,771 | |
| Operating profit (loss) | 9901 | €18,976 | -€17,745 | -€36,721 | |
| Financial income | 75/76B | €369 | €557 | +€189 | +51.2% |
| Recurring financial income | 75 | €369 | €557 | +€189 | +51.2% |
| Financial charges | 65/66B | €47 | €325 | +€278 | +586.7% |
| Recurring financial charges | 65 | €47 | €325 | +€278 | +586.7% |
| Profit (loss) for the period before taxes | 9903 | €19,298 | -€17,513 | -€36,810 | |
| Income taxes | 67/77 | €4,000 | -€25 | -€4,025 | |
| Profit (loss) for the period | 9904 | €15,298 | -€17,487 | -€32,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,298 | -€17,487 | -€32,785 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.