MINEO INVEST CONSTRUCT: 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.
MINEO INVEST CONSTRUCT
Largest movements
- Receivables within one year +€30,783
up €30,783 (+28.4%), from €108,429 to €139,213
of which Trade receivables: +€21,107
- Cash -€10,604
down €10,604 (-100%), from €10,604 to €0
mainly Receivables within one year (-€30,783) and Trade debts (-€27,720)
- Short-term financial debts +€41,652
new in 2025: €41,652
- Trade debts -€27,720
down €27,720 (-51.9%), from €53,378 to €25,658
- Profit (loss) carried forward +€8,177
up €8,177 (+26.9%), from €30,432 to €38,610
- Tax, wage and social debts -€2,613
down €2,613 (-11.3%), from €23,193 to €20,579
of which Taxes: -€2,613
- Turnover -€219,869
down €219,869 (-49.9%), from €440,805 to €220,935
- Purchases and services -€193,620
down €193,620 (-48.5%), from €399,360 to €205,740
- Gross operating margin -€31,151
down €31,151 (-68.8%), from €45,264 to €14,113
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.
Derived cash bridge
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 | €122,003 | €141,499 | +€19,496 | +16.0% |
| Fixed assets | 21/28 | €2,756 | €1,776 | -€979 | -35.5% |
| Tangible fixed assets | 22/27 | €2,286 | €1,306 | -€979 | -42.8% |
| Plant, machinery and equipment | 23 | €1,720 | €998 | -€722 | -42.0% |
| Furniture and vehicles | 24 | €566 | €309 | -€258 | -45.5% |
| Financial fixed assets | 28 | €470 | €470 | = | 0.0% |
| Current assets | 29/58 | €119,247 | €139,723 | +€20,476 | +17.2% |
| Amounts receivable within one year | 40/41 | €108,429 | €139,213 | +€30,783 | +28.4% |
| Trade receivables | 40 | €93,319 | €114,426 | +€21,107 | +22.6% |
| Other amounts receivable | 41 | €15,111 | €24,787 | +€9,676 | +64.0% |
| Cash at bank and in hand | 54/58 | €10,604 | €0 | -€10,604 | -100% |
| Deferred charges and accrued income | 490/1 | €214 | €511 | +€296 | +138% |
| Total equity and liabilities | 10/49 | €122,003 | €141,499 | +€19,496 | +16.0% |
| Equity | 10/15 | €45,432 | €53,610 | +€8,177 | +18.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,432 | €38,610 | +€8,177 | +26.9% |
| Amounts payable | 17/49 | €76,571 | €87,890 | +€11,319 | +14.8% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €76,571 | €87,890 | +€11,319 | +14.8% |
| Financial debts | 43 | - | €41,652 | +€41,652 | |
| Credit institutions | 430/8 | - | €41,652 | +€41,652 | |
| Trade debts | 44 | €53,378 | €25,658 | -€27,720 | -51.9% |
| Suppliers | 440/4 | €53,378 | €25,658 | -€27,720 | -51.9% |
| Taxes, remuneration and social security | 45 | €23,193 | €20,579 | -€2,613 | -11.3% |
| Taxes | 450/3 | €19,497 | €16,884 | -€2,613 | -13.4% |
| Remuneration and social security | 454/9 | €3,695 | €3,695 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €440,805 | €220,935 | -€219,869 | -49.9% |
| Non-recurring operating income | 76A | - | €4,056 | +€4,056 | |
| Goods, raw materials, services and sundry goods | 60/61 | €399,360 | €205,740 | -€193,620 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,050 | €979 | -€1,070 | -52.2% |
| Other operating charges | 640/8 | €206 | - | -€206 | |
| Non-recurring operating charges | 66A | €30,550 | - | -€30,550 | |
| Gross operating margin | 9900 | €45,264 | €14,113 | -€31,151 | -68.8% |
| Operating profit (loss) | 9901 | €12,458 | €13,133 | +€675 | +5.4% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €260 | €1,906 | +€1,646 | +633% |
| Recurring financial charges | 65 | €260 | €1,851 | +€1,591 | +612% |
| Non-recurring financial charges | 66B | - | €55 | +€55 | |
| Profit (loss) for the period before taxes | 9903 | €12,198 | €11,227 | -€971 | -8.0% |
| Income taxes | 67/77 | €3,471 | €3,050 | -€421 | -12.1% |
| Profit (loss) for the period | 9904 | €8,728 | €8,177 | -€550 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,728 | €8,177 | -€550 | -6.3% |
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 31 October 2026 via checked.be.