MINÉGLIUS: 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.
MINÉGLIUS
Largest movements
- Cash +€20,088
up €20,088 (+676.7%), from €2,968 to €23,057
mainly Net result for the year (+€33,414) and Depreciation (+€3,727)
- Receivables within one year +€3,755
up €3,755 (+10.0%), from €37,577 to €41,333
of which Trade receivables: +€3,755
- Tangible fixed assets -€3,727
down €3,727 (-21.2%), from €17,556 to €13,829
- Reserves +€32,581
up €32,581 (+148.7%), from €21,905 to €54,486
- Other debts -€11,397
down €11,397 (-59.3%), from €19,210 to €7,814
- Tax, wage and social debts -€2,821
down €2,821 (-13.8%), from €20,490 to €17,669
of which Taxes: -€2,821
- Trade debts +€2,185
up €2,185 (+1638.6%), from €133 to €2,318
- Gross operating margin +€14,925
up €14,925 (+41.0%), from €36,373 to €51,299
- Taxes +€3,909
up €3,909 (+40.5%), from €9,654 to €13,562
- Depreciation +€2,646
up €2,646 (+244.7%), from €1,081 to €3,727
- Financial charges -€1,145
down €1,145 (-96.9%), from €1,182 to €36
- Other operating charges -€1,096
down €1,096 (-63.4%), from €1,729 to €632
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 | €63,239 | €83,787 | +€20,548 | +32.5% |
| Fixed assets | 21/28 | €17,556 | €13,829 | -€3,727 | -21.2% |
| Tangible fixed assets | 22/27 | €17,556 | €13,829 | -€3,727 | -21.2% |
| Furniture and vehicles | 24 | €17,556 | €13,829 | -€3,727 | -21.2% |
| Current assets | 29/58 | €45,683 | €69,958 | +€24,275 | +53.1% |
| Amounts receivable within one year | 40/41 | €37,577 | €41,333 | +€3,755 | +10.0% |
| Trade receivables | 40 | €37,577 | €41,333 | +€3,755 | +10.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,968 | €23,057 | +€20,088 | +676.7% |
| Deferred charges and accrued income | 490/1 | €5,137 | €5,569 | +€432 | +8.4% |
| Total equity and liabilities | 10/49 | €63,239 | €83,787 | +€20,548 | +32.5% |
| Equity | 10/15 | €23,405 | €55,986 | +€32,581 | +139.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €21,905 | €54,486 | +€32,581 | +148.7% |
| Distributable reserves | 133 | €21,905 | €54,486 | +€32,581 | +148.7% |
| Amounts payable | 17/49 | €39,834 | €27,801 | -€12,033 | -30.2% |
| Amounts payable within one year | 42/48 | €39,834 | €27,801 | -€12,033 | -30.2% |
| Trade debts | 44 | €133 | €2,318 | +€2,185 | +1638.6% |
| Suppliers | 440/4 | €133 | €2,318 | +€2,185 | +1638.6% |
| Taxes, remuneration and social security | 45 | €20,490 | €17,669 | -€2,821 | -13.8% |
| Taxes | 450/3 | €20,490 | €17,669 | -€2,821 | -13.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,210 | €7,814 | -€11,397 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,081 | €3,727 | +€2,646 | +244.7% |
| Other operating charges | 640/8 | €1,729 | €632 | -€1,096 | -63.4% |
| Gross operating margin | 9900 | €36,373 | €51,299 | +€14,925 | +41.0% |
| Operating profit (loss) | 9901 | €33,564 | €46,939 | +€13,375 | +39.9% |
| Financial income | 75/76B | €10 | €74 | +€64 | +631.8% |
| Recurring financial income | 75 | €10 | €74 | +€64 | +631.8% |
| Financial charges | 65/66B | €1,182 | €36 | -€1,145 | -96.9% |
| Recurring financial charges | 65 | €1,182 | €36 | -€1,145 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | €32,392 | €46,976 | +€14,584 | +45.0% |
| Income taxes | 67/77 | €9,654 | €13,562 | +€3,909 | +40.5% |
| Profit (loss) for the period | 9904 | €22,738 | €33,414 | +€10,675 | +46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,738 | €33,414 | +€10,675 | +46.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.