MINERA: 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
MINERA
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€122,713
2024 · €163,125-€40,411
Equity
€3.0m
2024 · €3.0m-€27,287
Cash
€13,243
2024 · €110,539-€97,296
Balance sheet total
€10.2m
2024 · €12.0m-€1.8m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-15.9%), from €7.9m to €6.7m
of which Trade receivables: -€1.2m
- Tangible fixed assets -€263,391
down €263,391 (-12.1%), from €2.2m to €1.9m
of which Furniture and vehicles: -€188,246
- Stocks and contracts -€136,139
down €136,139 (-7.9%), from €1.7m to €1.6m
Equity and liabilities
- Trade debts -€1.6m
down €1.6m (-27.9%), from €5.7m to €4.1m
Income statement
- Goods and materials +€3.4m
up €3.4m (+11.0%), from €31.1m to €34.5m
of which Purchases: +€3.4m
- Turnover +€3.2m
up €3.2m (+9.1%), from €35.7m to €38.9m
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.
Result 2024
€163,125
Turnover
+€3.2m
Other operating income
+€5,926
Goods and materials
-€3.4m
Services and other goods
+€52,140
Staff costs
-€44,744
Depreciation
+€108,538
Write-downs
+€33,676
Provisions
-€52,714
Other operating charges
+€27,890
Financial income
+€567
Financial charges
+€3,123
Taxes
+€25,298
Deferred taxes and other
-€2,209
Result 2025
€122,713
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.
From operations
+€265,407
Investment
-€162,726
Financing
-€199,977
Cash 2024
€110,539
From operations (derived)
+€265,407
Net result for the year
+€122,713
Depreciation
+€426,117
Stocks and contracts
+€136,139
Receivables within one year
+€1.3m
Deferred charges and accrued income
-€7,804
Provisions
-€65,680
Trade debts
-€1.6m
Tax, wage and social debts
-€12,385
Other debts
-€50,000
Accrued charges and deferred income
+€50,875
Investment (derived)
-€162,726
Investment in fixed assets (net)
-€162,726
Financing
-€199,977
Current portion of long-term debt
-€49,977
Contributions, distributions and other
-€150,000
Cash 2025
€13,243
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,991,326 | €10,237,729 | -€1.8m | -14.6% |
| Fixed assets | 21/28 | €2,182,811 | €1,919,420 | -€263,391 | -12.1% |
| Tangible fixed assets | 22/27 | €2,179,732 | €1,916,341 | -€263,391 | -12.1% |
| Land and buildings | 22 | €906,951 | €913,167 | +€6,216 | +0.7% |
| Plant, machinery and equipment | 23 | €536,291 | €516,766 | -€19,525 | -3.6% |
| Furniture and vehicles | 24 | €650,405 | €462,159 | -€188,246 | -28.9% |
| Leasing and similar rights | 25 | €86,086 | €24,249 | -€61,836 | -71.8% |
| Financial fixed assets | 28 | €3,079 | €3,079 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,079 | €3,079 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,079 | €3,079 | = | 0.0% |
| Current assets | 29/58 | €9,808,515 | €8,318,309 | -€1.5m | -15.2% |
| Stocks and contracts in progress | 3 | €1,713,027 | €1,576,888 | -€136,139 | -7.9% |
| Stocks | 30/36 | €1,713,027 | €1,576,888 | -€136,139 | -7.9% |
| Goods purchased for resale | 34 | €1,713,027 | €1,576,888 | -€136,139 | -7.9% |
| Amounts receivable within one year | 40/41 | €7,938,052 | €6,673,477 | -€1.3m | -15.9% |
| Trade receivables | 40 | €7,867,903 | €6,623,095 | -€1.2m | -15.8% |
| Other amounts receivable | 41 | €70,149 | €50,382 | -€19,767 | -28.2% |
| Cash at bank and in hand | 54/58 | €110,539 | €13,243 | -€97,296 | -88.0% |
| Deferred charges and accrued income | 490/1 | €46,897 | €54,701 | +€7,804 | +16.6% |
| Total equity and liabilities | 10/49 | €11,991,326 | €10,237,729 | -€1.8m | -14.6% |
| Equity | 10/15 | €3,011,364 | €2,984,078 | -€27,287 | -0.9% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €119,902 | €83,109 | -€36,794 | -30.7% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €94,902 | €58,109 | -€36,794 | -38.8% |
| Profit (loss) carried forward | 14 | €2,641,462 | €2,650,969 | +€9,507 | +0.4% |
| Provisions and deferred taxes | 16 | €358,238 | €292,558 | -€65,680 | -18.3% |
| Provisions for liabilities and charges | 160/5 | €334,517 | €278,036 | -€56,482 | -16.9% |
| Pensions and similar obligations | 160 | €22,801 | €16,254 | -€6,547 | -28.7% |
| Major repairs and maintenance | 162 | €278,081 | €247,418 | -€30,662 | -11.0% |
| Environmental obligations | 163 | €14,363 | €14,363 | = | 0.0% |
| Other liabilities and charges | 164/5 | €19,273 | - | -€19,273 | |
| Deferred taxes | 168 | €23,721 | €14,522 | -€9,198 | -38.8% |
| Amounts payable | 17/49 | €8,621,724 | €6,961,093 | -€1.7m | -19.3% |
| Amounts payable after more than one year | 17 | €1,791,574 | €1,791,574 | = | 0.0% |
| Financial debts | 170/4 | €1,791,574 | €1,791,574 | = | 0.0% |
| Other loans | 174 | €1,791,574 | €1,791,574 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,383,745 | €4,672,239 | -€1.7m | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €49,977 | - | -€49,977 | |
| Trade debts | 44 | €5,734,227 | €4,135,084 | -€1.6m | -27.9% |
| Suppliers | 440/4 | €5,734,227 | €4,135,084 | -€1.6m | -27.9% |
| Taxes, remuneration and social security | 45 | €399,540 | €387,155 | -€12,385 | -3.1% |
| Taxes | 450/3 | €329,815 | €347,211 | +€17,396 | +5.3% |
| Remuneration and social security | 454/9 | €69,725 | €39,944 | -€29,781 | -42.7% |
| Other amounts payable | 47/48 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Accrued charges and deferred income | 492/3 | €446,405 | €497,280 | +€50,875 | +11.4% |
| Operating income | 70/76A | €35,828,967 | €39,072,041 | +€3.2m | +9.1% |
| Turnover | 70 | €35,681,456 | €38,918,604 | +€3.2m | +9.1% |
| Other operating income | 74 | €147,511 | €153,437 | +€5,926 | +4.0% |
| Operating charges | 60/66A | €35,434,001 | €38,744,266 | +€3.3m | +9.3% |
| Goods for resale, raw materials and consumables | 60 | €31,105,990 | €34,541,040 | +€3.4m | +11.0% |
| Purchases | 600/8 | €30,965,826 | €34,404,901 | +€3.4m | +11.1% |
| Change in stocks: decrease (increase) | 609 | €140,164 | €136,139 | -€4,025 | -2.9% |
| Services and other goods | 61 | €3,034,199 | €2,982,059 | -€52,140 | -1.7% |
| Remuneration, social security and pensions | 62 | €781,806 | €826,550 | +€44,744 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534,655 | €426,117 | -€108,538 | -20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,066 | -€19,610 | -€33,676 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€109,196 | -€56,482 | +€52,714 | +48.3% |
| Other operating charges | 640/8 | €72,482 | €44,592 | -€27,890 | -38.5% |
| Operating profit (loss) | 9901 | €394,965 | €327,776 | -€67,190 | -17.0% |
| Financial income | 75/76B | €76,749 | €77,316 | +€567 | +0.7% |
| Recurring financial income | 75 | €76,749 | €77,316 | +€567 | +0.7% |
| Other financial income | 752/9 | €76,749 | €77,316 | +€567 | +0.7% |
| Financial charges | 65/66B | €252,878 | €249,755 | -€3,123 | -1.2% |
| Recurring financial charges | 65 | €252,878 | €249,755 | -€3,123 | -1.2% |
| Debt charges | 650 | €152,065 | €130,033 | -€22,032 | -14.5% |
| Other financial charges | 652/9 | €100,813 | €119,722 | +€18,909 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €218,837 | €155,336 | -€63,500 | -29.0% |
| Transfer from deferred taxes | 780 | €11,407 | €9,198 | -€2,209 | -19.4% |
| Income taxes | 67/77 | €67,119 | €41,821 | -€25,298 | -37.7% |
| Taxes | 670/3 | €67,119 | €41,821 | -€25,298 | -37.7% |
| Profit (loss) for the period | 9904 | €163,125 | €122,713 | -€40,411 | -24.8% |
| Transfer from tax-exempt reserves | 789 | €45,629 | €36,794 | -€8,835 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €208,754 | €159,507 | -€49,246 | -23.6% |
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 3 October 2026 via checked.be.