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Mindsetgo: 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.

What changed

Mindsetgo

BE 0763.950.719
NACE 85.592, Vocational training
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€71
2024 · €2,327-€2,256
Equity
-€21,281
2024 · -€21,353+€71
Cash
€848
2024 · €1,043-€195
Balance sheet total
€1,742
2024 · €2,171-€430

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€459

    down €459 (-100.0%), from €459 to €0

  • Deferred charges and accrued income +€456

    up €456, from €0 to €456

  • Tangible fixed assets -€231

    down €231 (-34.6%), from €669 to €438

  • Cash -€195

    down €195 (-18.7%), from €1,043 to €848

    mainly Other debts (-€500) and Deferred charges and accrued income (-€456)

Equity and liabilities
  • Other debts -€500

    down €500 (-2.1%), from €23,500 to €23,000

  • Profit (loss) carried forward +€71

    up €71 (+0.2%), from -€36,353 to -€36,281

Income statement
  • Gross operating margin -€2,230

    down €2,230 (-66.0%), from €3,378 to €1,148

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,327
Gross operating margin -€2,230
Other operating charges -€32
Financial income +€5
Financial charges +€1
Result 2025 €71

Cash bridge derived

cash 2024 to 2025

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.

From operations -€195
Investment €0
Financing €0
Cash 2024 €1,043
Net result for the year +€71
Depreciation +€231
Receivables within one year +€459
Deferred charges and accrued income -€456
Trade debts -€1
Other debts -€500
Cash 2025 €848
Every line side by side 29 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,171 €1,742 -€430 -19.8%
Fixed assets 21/28 €669 €438 -€231 -34.6%
Tangible fixed assets 22/27 €669 €438 -€231 -34.6%
Plant, machinery and equipment 23 €669 €438 -€231 -34.6%
Current assets 29/58 €1,502 €1,304 -€198 -13.2%
Amounts receivable within one year 40/41 €459 €0 -€459 -100.0%
Trade receivables 40 €459 €0 -€459 -100.0%
Cash at bank and in hand 54/58 €1,043 €848 -€195 -18.7%
Deferred charges and accrued income 490/1 €0 €456 +€456
Total equity and liabilities 10/49 €2,171 €1,742 -€430 -19.8%
Equity 10/15 -€21,353 -€21,281 +€71 +0.3%
Contributions 10/11 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 -€36,353 -€36,281 +€71 +0.2%
Amounts payable 17/49 €23,524 €23,023 -€501 -2.1%
Amounts payable within one year 42/48 €23,524 €23,023 -€501 -2.1%
Trade debts 44 €24 €23 -€1 -4.2%
Suppliers 440/4 €24 €23 -€1 -4.2%
Other amounts payable 47/48 €23,500 €23,000 -€500 -2.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €231 €231 = 0.0%
Other operating charges 640/8 €736 €768 +€32 +4.4%
Gross operating margin 9900 €3,378 €1,148 -€2,230 -66.0%
Operating profit (loss) 9901 €2,411 €149 -€2,262 -93.8%
Financial income 75/76B €0 €5 +€5
Recurring financial income 75 €0 €5 +€5
Financial charges 65/66B €84 €83 -€1 -1.4%
Recurring financial charges 65 €84 €83 -€1 -1.4%
Profit (loss) for the period before taxes 9903 €2,327 €71 -€2,256 -96.9%
Profit (loss) for the period 9904 €2,327 €71 -€2,256 -96.9%
Profit (loss) for the period to be appropriated 9905 €2,327 €71 -€2,256 -96.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.