MINDY: 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.
MINDY
Largest movements
- Receivables within one year +€17,861
up €17,861 (+1689.2%), from €1,057 to €18,918
of which Trade receivables: +€16,180
- Cash -€1,283
down €1,283 (-53.5%), from €2,397 to €1,115
mainly Receivables within one year (-€17,861) and Debts after one year (-€5,000)
- Tangible fixed assets -€473
down €473 (-59.3%), from €797 to €324
of which Furniture and vehicles: -€246
- Deferred charges and accrued income +€417
new in 2025: €417
- Profit (loss) carried forward +€13,422
up €13,422 (+47.3%), from -€28,395 to -€14,972
- Debts after one year -€5,000
down €5,000 (-20.0%), from €25,000 to €20,000
- Tax, wage and social debts +€4,818
up €4,818 (+580.9%), from €829 to €5,647
of which Taxes: +€3,318
- Other debts +€3,612
up €3,612 (+101.2%), from €3,569 to €7,181
- Trade debts -€1,005
down €1,005 (-80.5%), from €1,248 to €243
- Gross operating margin +€14,762
up €14,762 (+407.7%), from €3,621 to €18,383
- Taxes +€2,119
up €2,119 (+1190.2%), from €178 to €2,297
- Other operating charges +€373
up €373 (+60.3%), from €618 to €991
- Financial charges -€373
down €373 (-23.7%), from €1,575 to €1,202
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 | €4,251 | €20,774 | +€16,523 | +388.6% |
| Fixed assets | 21/28 | €797 | €324 | -€473 | -59.3% |
| Tangible fixed assets | 22/27 | €797 | €324 | -€473 | -59.3% |
| Plant, machinery and equipment | 23 | €477 | €251 | -€226 | -47.4% |
| Furniture and vehicles | 24 | €320 | €74 | -€246 | -77.0% |
| Current assets | 29/58 | €3,454 | €20,450 | +€16,995 | +492.0% |
| Amounts receivable within one year | 40/41 | €1,057 | €18,918 | +€17,861 | +1689.2% |
| Trade receivables | 40 | €73 | €16,252 | +€16,180 | +22239.9% |
| Other amounts receivable | 41 | €985 | €2,666 | +€1,681 | +170.7% |
| Cash at bank and in hand | 54/58 | €2,397 | €1,115 | -€1,283 | -53.5% |
| Deferred charges and accrued income | 490/1 | - | €417 | +€417 | |
| Total equity and liabilities | 10/49 | €4,251 | €20,774 | +€16,523 | +388.6% |
| Equity | 10/15 | -€26,395 | -€12,972 | +€13,422 | +50.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,395 | -€14,972 | +€13,422 | +47.3% |
| Amounts payable | 17/49 | €30,646 | €33,746 | +€3,100 | +10.1% |
| Amounts payable after more than one year | 17 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Other amounts payable | 178/9 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Amounts payable within one year | 42/48 | €5,646 | €13,746 | +€8,100 | +143.5% |
| Current portion of amounts payable after more than one year | 42 | - | €675 | +€675 | |
| Trade debts | 44 | €1,248 | €243 | -€1,005 | -80.5% |
| Suppliers | 440/4 | €1,248 | €243 | -€1,005 | -80.5% |
| Taxes, remuneration and social security | 45 | €829 | €5,647 | +€4,818 | +580.9% |
| Taxes | 450/3 | €829 | €4,147 | +€3,318 | +400.0% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €3,569 | €7,181 | +€3,612 | +101.2% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €448 | €473 | +€25 | +5.5% |
| Other operating charges | 640/8 | €618 | €991 | +€373 | +60.3% |
| Gross operating margin | 9900 | €3,621 | €18,383 | +€14,762 | +407.7% |
| Operating profit (loss) | 9901 | €2,555 | €16,919 | +€14,364 | +562.3% |
| Financial income | 75/76B | €0 | €2 | +€2 | +1125.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +1125.0% |
| Financial charges | 65/66B | €1,575 | €1,202 | -€373 | -23.7% |
| Recurring financial charges | 65 | €1,575 | €1,202 | -€373 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €980 | €15,719 | +€14,739 | +1503.7% |
| Income taxes | 67/77 | €178 | €2,297 | +€2,119 | +1190.2% |
| Profit (loss) for the period | 9904 | €802 | €13,422 | +€12,620 | +1573.3% |
| Profit (loss) for the period to be appropriated | 9905 | €802 | €13,422 | +€12,620 | +1573.3% |
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 7 October 2026 via checked.be.