MINDSCAPE: 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.
MINDSCAPE
Largest movements
- Current investments -€34,635
down €34,635 (-34.6%), from €100,000 to €65,365
- Receivables within one year -€3,918
down €3,918 (-20.5%), from €19,110 to €15,192
of which Other amounts receivable: -€3,429
- Cash -€3,902
down €3,902 (-4.1%), from €94,519 to €90,616
mainly Contributions, distributions and other (-€31,355) and Other debts (-€28,033)
- Other debts -€28,033
down €28,033 (-38.2%), from €73,374 to €45,342
- Reserves -€17,850
down €17,850 (-15.1%), from €118,465 to €100,616
- Trade debts +€2,563
up €2,563 (+1926.8%), from €133 to €2,696
- Staff costs +€7,009
up €7,009 (+17.9%), from €39,081 to €46,090
- Gross operating margin +€6,606
up €6,606 (+10.8%), from €61,203 to €67,808
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 | €214,372 | €171,916 | -€42,456 | -19.8% |
| Current assets | 29/58 | €214,372 | €171,916 | -€42,456 | -19.8% |
| Amounts receivable within one year | 40/41 | €19,110 | €15,192 | -€3,918 | -20.5% |
| Trade receivables | 40 | €14,923 | €14,434 | -€489 | -3.3% |
| Other amounts receivable | 41 | €4,187 | €758 | -€3,429 | -81.9% |
| Current investments | 50/53 | €100,000 | €65,365 | -€34,635 | -34.6% |
| Cash at bank and in hand | 54/58 | €94,519 | €90,616 | -€3,902 | -4.1% |
| Deferred charges and accrued income | 490/1 | €742 | €742 | = | 0.0% |
| Total equity and liabilities | 10/49 | €214,372 | €171,916 | -€42,456 | -19.8% |
| Equity | 10/15 | €124,665 | €106,816 | -€17,850 | -14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,465 | €100,616 | -€17,850 | -15.1% |
| Distributable reserves | 133 | €118,465 | €100,616 | -€17,850 | -15.1% |
| Amounts payable | 17/49 | €89,706 | €65,100 | -€24,606 | -27.4% |
| Amounts payable within one year | 42/48 | €89,706 | €65,100 | -€24,606 | -27.4% |
| Trade debts | 44 | €133 | €2,696 | +€2,563 | +1926.8% |
| Suppliers | 440/4 | €133 | €2,696 | +€2,563 | +1926.8% |
| Taxes, remuneration and social security | 45 | €16,199 | €17,063 | +€864 | +5.3% |
| Taxes | 450/3 | €10,892 | €10,645 | -€247 | -2.3% |
| Remuneration and social security | 454/9 | €5,307 | €6,418 | +€1,111 | +20.9% |
| Other amounts payable | 47/48 | €73,374 | €45,342 | -€28,033 | -38.2% |
| Remuneration, social security and pensions | 62 | €39,081 | €46,090 | +€7,009 | +17.9% |
| Other operating charges | 640/8 | €805 | €834 | +€29 | +3.6% |
| Gross operating margin | 9900 | €61,203 | €67,808 | +€6,606 | +10.8% |
| Operating profit (loss) | 9901 | €21,316 | €20,885 | -€432 | -2.0% |
| Financial income | 75/76B | €425 | €522 | +€97 | +22.8% |
| Recurring financial income | 75 | €425 | €522 | +€97 | +22.8% |
| Financial charges | 65/66B | €125 | €152 | +€27 | +21.5% |
| Recurring financial charges | 65 | €125 | €152 | +€27 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €21,616 | €21,254 | -€362 | -1.7% |
| Income taxes | 67/77 | €7,365 | €7,749 | +€384 | +5.2% |
| Profit (loss) for the period | 9904 | €14,251 | €13,505 | -€745 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,251 | €13,505 | -€745 | -5.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.