MINDSCAPE GRAPHICS: 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.
MINDSCAPE GRAPHICS
Largest movements
- Tangible fixed assets +€12,697
up €12,697 (+158.5%), from €8,012 to €20,709
- Receivables within one year -€10,807
down €10,807 (-22.2%), from €48,745 to €37,938
of which Other amounts receivable: -€13,923
- Cash +€7,395
up €7,395 (+49.6%), from €14,916 to €22,311
mainly Net result for the year (+€36,299) and Other debts (+€23,931)
- Other debts +€23,931
up €23,931 (+145.0%), from €16,500 to €40,431
- Reserves -€23,701
down €23,701 (-58.4%), from €40,570 to €16,870
- Tax, wage and social debts +€8,356
up €8,356 (+65.0%), from €12,845 to €21,201
of which Taxes: +€10,853
- Staff costs -€12,655
down €12,655 (-55.6%), from €22,756 to €10,101
- Gross operating margin +€5,830
up €5,830 (+10.4%), from €56,305 to €62,135
- Taxes +€3,263
up €3,263 (+47.6%), from €6,855 to €10,117
- Depreciation +€1,185
up €1,185 (+38.0%), from €3,123 to €4,308
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 | €73,075 | €82,043 | +€8,968 | +12.3% |
| Fixed assets | 21/28 | €8,375 | €20,709 | +€12,334 | +147.3% |
| Tangible fixed assets | 22/27 | €8,012 | €20,709 | +€12,697 | +158.5% |
| Furniture and vehicles | 24 | €8,012 | €20,709 | +€12,697 | +158.5% |
| Financial fixed assets | 28 | €363 | - | -€363 | |
| Current assets | 29/58 | €64,700 | €61,334 | -€3,366 | -5.2% |
| Amounts receivable within one year | 40/41 | €48,745 | €37,938 | -€10,807 | -22.2% |
| Trade receivables | 40 | €25,040 | €28,155 | +€3,116 | +12.4% |
| Other amounts receivable | 41 | €23,706 | €9,783 | -€13,923 | -58.7% |
| Cash at bank and in hand | 54/58 | €14,916 | €22,311 | +€7,395 | +49.6% |
| Deferred charges and accrued income | 490/1 | €1,038 | €1,085 | +€47 | +4.5% |
| Total equity and liabilities | 10/49 | €73,075 | €82,043 | +€8,968 | +12.3% |
| Equity | 10/15 | €43,070 | €19,370 | -€23,701 | -55.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,570 | €16,870 | -€23,701 | -58.4% |
| Distributable reserves | 133 | €40,570 | €16,870 | -€23,701 | -58.4% |
| Amounts payable | 17/49 | €30,005 | €62,673 | +€32,668 | +108.9% |
| Amounts payable within one year | 42/48 | €30,005 | €62,673 | +€32,668 | +108.9% |
| Trade debts | 44 | €660 | €1,041 | +€381 | +57.8% |
| Suppliers | 440/4 | €660 | €1,041 | +€381 | +57.8% |
| Taxes, remuneration and social security | 45 | €12,845 | €21,201 | +€8,356 | +65.0% |
| Taxes | 450/3 | €10,348 | €21,201 | +€10,853 | +104.9% |
| Remuneration and social security | 454/9 | €2,497 | - | -€2,497 | |
| Other amounts payable | 47/48 | €16,500 | €40,431 | +€23,931 | +145.0% |
| Remuneration, social security and pensions | 62 | €22,756 | €10,101 | -€12,655 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,123 | €4,308 | +€1,185 | +38.0% |
| Other operating charges | 640/8 | €805 | €704 | -€101 | -12.6% |
| Gross operating margin | 9900 | €56,305 | €62,135 | +€5,830 | +10.4% |
| Operating profit (loss) | 9901 | €29,621 | €47,022 | +€17,401 | +58.7% |
| Financial charges | 65/66B | €807 | €605 | -€202 | -25.0% |
| Recurring financial charges | 65 | €807 | €605 | -€202 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €28,814 | €46,417 | +€17,603 | +61.1% |
| Income taxes | 67/77 | €6,855 | €10,117 | +€3,263 | +47.6% |
| Profit (loss) for the period | 9904 | €21,959 | €36,299 | +€14,340 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,959 | €36,299 | +€14,340 | +65.3% |
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 9 October 2026 via checked.be.