Mineral Texture: 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.
Mineral Texture
Largest movements
- Tangible fixed assets +€853,348
up €853,348 (+342%), from €249,555 to €1.1m
of which Land and buildings: +€667,774
- Receivables within one year +€52,186
up €52,186 (+65.3%), from €79,941 to €132,127
of which Trade receivables: +€29,626
- Cash -€32,460
down €32,460 (-79.0%), from €41,107 to €8,648
mainly Investment in fixed assets (net) (-€913,065) and Receivables within one year (-€52,186)
- Debts after one year +€625,897
up €625,897 (+3,431%), from €18,240 to €644,137
- Reserves +€107,253
up €107,253 (+92.6%), from €115,852 to €223,105
- Trade debts +€54,225
up €54,225 (+91.4%), from €59,338 to €113,563
- Current portion of long-term debt +€51,127
up €51,127 (+697%), from €7,336 to €58,462
- Other debts +€21,719
up €21,719 (+33.1%), from €65,623 to €87,342
- Gross operating margin +€185,879
up €185,879 (+133%), from €139,771 to €325,650
- Other operating charges +€82,315
up €82,315 (+1,280%), from €6,430 to €88,745
- Depreciation +€27,246
up €27,246 (+83.9%), from €32,471 to €59,717
- Taxes +€20,265
up €20,265 (+72.3%), from €28,031 to €48,296
- Financial charges +€13,929
up €13,929 (+181%), from €7,712 to €21,641
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 | €376,385 | €1,255,929 | +€879,544 | +234% |
| Fixed assets | 21/28 | €249,555 | €1,102,903 | +€853,348 | +342% |
| Tangible fixed assets | 22/27 | €249,555 | €1,102,903 | +€853,348 | +342% |
| Land and buildings | 22 | €2,423 | €670,197 | +€667,774 | +27,557% |
| Plant, machinery and equipment | 23 | €51,083 | €33,363 | -€17,720 | -34.7% |
| Furniture and vehicles | 24 | €196,048 | €399,342 | +€203,294 | +104% |
| Current assets | 29/58 | €126,830 | €153,026 | +€26,196 | +20.7% |
| Amounts receivable within one year | 40/41 | €79,941 | €132,127 | +€52,186 | +65.3% |
| Trade receivables | 40 | €61,138 | €90,764 | +€29,626 | +48.5% |
| Other amounts receivable | 41 | €18,802 | €41,363 | +€22,560 | +120% |
| Cash at bank and in hand | 54/58 | €41,107 | €8,648 | -€32,460 | -79.0% |
| Deferred charges and accrued income | 490/1 | €5,782 | €12,251 | +€6,469 | +112% |
| Total equity and liabilities | 10/49 | €376,385 | €1,255,929 | +€879,544 | +234% |
| Equity | 10/15 | €195,852 | €303,105 | +€107,253 | +54.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €115,852 | €223,105 | +€107,253 | +92.6% |
| Distributable reserves | 133 | €115,852 | €223,105 | +€107,253 | +92.6% |
| Amounts payable | 17/49 | €180,532 | €952,824 | +€772,291 | +428% |
| Amounts payable after more than one year | 17 | €18,240 | €644,137 | +€625,897 | +3,431% |
| Financial debts | 170/4 | €18,240 | €644,137 | +€625,897 | +3,431% |
| Amounts payable within one year | 42/48 | €160,328 | €307,664 | +€147,336 | +91.9% |
| Current portion of amounts payable after more than one year | 42 | €7,336 | €58,462 | +€51,127 | +697% |
| Trade debts | 44 | €59,338 | €113,563 | +€54,225 | +91.4% |
| Suppliers | 440/4 | €59,338 | €113,563 | +€54,225 | +91.4% |
| Taxes, remuneration and social security | 45 | €28,031 | €48,296 | +€20,265 | +72.3% |
| Taxes | 450/3 | €28,031 | €48,296 | +€20,265 | +72.3% |
| Other amounts payable | 47/48 | €65,623 | €87,342 | +€21,719 | +33.1% |
| Accrued charges and deferred income | 492/3 | €1,964 | €1,023 | -€941 | -47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,471 | €59,717 | +€27,246 | +83.9% |
| Other operating charges | 640/8 | €6,430 | €88,745 | +€82,315 | +1,280% |
| Gross operating margin | 9900 | €139,771 | €325,650 | +€185,879 | +133% |
| Operating profit (loss) | 9901 | €100,870 | €177,188 | +€76,318 | +75.7% |
| Financial income | 75/76B | €123 | €2 | -€121 | -98.2% |
| Recurring financial income | 75 | €123 | €2 | -€121 | -98.2% |
| Financial charges | 65/66B | €7,712 | €21,641 | +€13,929 | +181% |
| Recurring financial charges | 65 | €7,712 | €21,641 | +€13,929 | +181% |
| Profit (loss) for the period before taxes | 9903 | €93,280 | €155,549 | +€62,269 | +66.8% |
| Income taxes | 67/77 | €28,031 | €48,296 | +€20,265 | +72.3% |
| Profit (loss) for the period | 9904 | €65,249 | €107,253 | +€42,003 | +64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,249 | €107,253 | +€42,003 | +64.4% |
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 20 October 2026 via checked.be.