Minds and Management: 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.
Minds and Management
Largest movements
- Intangible fixed assets -€38,778
down €38,778 (-100%), from €38,778 to €0
- Profit (loss) carried forward -€39,624
down €39,624, from €16,187 to -€23,437
- Trade debts +€723
up €723 (+1,101%), from €66 to €789
- Depreciation -€1,109
down €1,109 (-100%), from €1,109 to €0
- Gross operating margin +€264
up €264 (+25.1%), from -€1,053 to -€789
- Financial charges +€23
up €23 (+68.9%), from €34 to €57
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.
Derived cash bridge
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 | €38,827 | €0 | -€38,827 | -100% |
| Fixed assets | 21/28 | €38,778 | €0 | -€38,778 | -100% |
| Intangible fixed assets | 21 | €38,778 | €0 | -€38,778 | -100% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Current assets | 29/58 | €49 | €0 | -€49 | -100% |
| Cash at bank and in hand | 54/58 | €49 | - | -€49 | |
| Total equity and liabilities | 10/49 | €38,827 | €0 | -€38,827 | -100% |
| Equity | 10/15 | €24,247 | -€15,377 | -€39,624 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €16,187 | -€23,437 | -€39,624 | |
| Amounts payable | 17/49 | €14,580 | €15,377 | +€797 | +5.5% |
| Amounts payable within one year | 42/48 | €14,580 | €15,377 | +€797 | +5.5% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €66 | €789 | +€723 | +1,101% |
| Suppliers | 440/4 | €66 | €789 | +€723 | +1,101% |
| Other amounts payable | 47/48 | €14,514 | €14,580 | +€66 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,109 | €0 | -€1,109 | -100% |
| Non-recurring operating charges | 66A | - | €38,778 | +€38,778 | |
| Gross operating margin | 9900 | -€1,053 | -€789 | +€264 | +25.1% |
| Operating profit (loss) | 9901 | -€2,162 | -€39,568 | -€37,405 | -1,730% |
| Financial charges | 65/66B | €34 | €57 | +€23 | +68.9% |
| Recurring financial charges | 65 | €34 | €57 | +€23 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,196 | -€39,624 | -€37,428 | -1,704% |
| Profit (loss) for the period | 9904 | -€2,196 | -€39,624 | -€37,428 | -1,704% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,196 | -€39,624 | -€37,428 | -1,704% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.