MINDSPARK: 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.
MINDSPARK
Largest movements
- Cash -€108,867
down €108,867 (-54.3%), from €200,480 to €91,612
mainly Contributions, distributions and other (-€306,188) and Receivables within one year (-€13,471)
- Receivables after one year -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Receivables within one year +€13,471
up €13,471 (+32.3%), from €41,718 to €55,189
of which Trade receivables: +€21,375
- Tangible fixed assets -€11,629
down €11,629 (-64.5%), from €18,030 to €6,401
of which Furniture and vehicles: -€12,207
- Reserves -€218,909
down €218,909 (-100.0%), from €218,909 to €0
- Other debts +€87,279
up €87,279, from €0 to €87,279
- Trade debts +€15,732
up €15,732 (+440.7%), from €3,570 to €19,302
- Advances received -€10,346
down €10,346 (-100.0%), from €10,346 to €0
- Accrued charges and deferred income -€2,994
down €2,994 (-100.0%), from €2,994 to €0
- Gross operating margin +€3,880
up €3,880 (+3.5%), from €110,921 to €114,801
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 | €287,677 | €156,029 | -€131,649 | -45.8% |
| Fixed assets | 21/28 | €18,030 | €6,401 | -€11,629 | -64.5% |
| Tangible fixed assets | 22/27 | €18,030 | €6,401 | -€11,629 | -64.5% |
| Plant, machinery and equipment | 23 | €735 | €1,313 | +€578 | +78.6% |
| Furniture and vehicles | 24 | €17,295 | €5,088 | -€12,207 | -70.6% |
| Current assets | 29/58 | €269,647 | €149,628 | -€120,019 | -44.5% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100.0% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €41,718 | €55,189 | +€13,471 | +32.3% |
| Trade receivables | 40 | €25,560 | €46,935 | +€21,375 | +83.6% |
| Other amounts receivable | 41 | €16,159 | €8,254 | -€7,904 | -48.9% |
| Cash at bank and in hand | 54/58 | €200,480 | €91,612 | -€108,867 | -54.3% |
| Deferred charges and accrued income | 490/1 | €2,449 | €2,826 | +€377 | +15.4% |
| Total equity and liabilities | 10/49 | €287,677 | €156,029 | -€131,649 | -45.8% |
| Equity | 10/15 | €223,909 | €5,000 | -€218,909 | -97.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €218,909 | €0 | -€218,909 | -100.0% |
| Distributable reserves | 133 | €218,909 | €0 | -€218,909 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,769 | €151,029 | +€87,260 | +136.8% |
| Amounts payable after more than one year | 17 | €9,638 | €7,020 | -€2,617 | -27.2% |
| Financial debts | 170/4 | €9,638 | €7,020 | -€2,617 | -27.2% |
| Amounts payable within one year | 42/48 | €51,136 | €144,008 | +€92,872 | +181.6% |
| Current portion of amounts payable after more than one year | 42 | €2,515 | €2,617 | +€103 | +4.1% |
| Trade debts | 44 | €3,570 | €19,302 | +€15,732 | +440.7% |
| Suppliers | 440/4 | €3,570 | €19,302 | +€15,732 | +440.7% |
| Advances received on contracts in progress | 46 | €10,346 | €0 | -€10,346 | -100.0% |
| Taxes, remuneration and social security | 45 | €34,706 | €34,810 | +€104 | +0.3% |
| Taxes | 450/3 | €34,706 | €34,810 | +€104 | +0.3% |
| Other amounts payable | 47/48 | €0 | €87,279 | +€87,279 | |
| Accrued charges and deferred income | 492/3 | €2,994 | €0 | -€2,994 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,158 | €2,224 | -€934 | -29.6% |
| Other operating charges | 640/8 | €531 | €1,639 | +€1,108 | +208.9% |
| Gross operating margin | 9900 | €110,921 | €114,801 | +€3,880 | +3.5% |
| Operating profit (loss) | 9901 | €107,232 | €110,938 | +€3,706 | +3.5% |
| Financial income | 75/76B | €1,984 | €1,359 | -€624 | -31.5% |
| Recurring financial income | 75 | €1,984 | €1,359 | -€624 | -31.5% |
| Financial charges | 65/66B | €1,797 | €1,620 | -€177 | -9.9% |
| Recurring financial charges | 65 | €1,797 | €1,620 | -€177 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €107,419 | €110,678 | +€3,259 | +3.0% |
| Income taxes | 67/77 | €22,939 | €23,398 | +€459 | +2.0% |
| Profit (loss) for the period | 9904 | €84,479 | €87,279 | +€2,800 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,479 | €87,279 | +€2,800 | +3.3% |
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 8 October 2026 via checked.be.