MINGERS DESIGN: 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.
MINGERS DESIGN
Largest movements
- Receivables within one year +€17,535
up €17,535 (+152.2%), from €11,522 to €29,057
of which Other amounts receivable: +€10,449
- Deferred charges and accrued income +€1,509
up €1,509 (+246.0%), from €613 to €2,122
- Intangible fixed assets -€1,364
down €1,364 (-33.4%), from €4,088 to €2,724
- Tangible fixed assets -€627
down €627 (-8.8%), from €7,151 to €6,525
- Profit (loss) carried forward +€16,266
up €16,266, from -€1,262 to €15,004
- Other debts -€7,429
down €7,429 (-100.0%), from €7,429 to €0
- Tax, wage and social debts +€6,884
up €6,884 (+85.8%), from €8,026 to €14,910
- Trade debts +€2,055
up €2,055 (+59.9%), from €3,428 to €5,483
- Current portion of long-term debt -€741
down €741 (-100.0%), from €741 to €0
- Gross operating margin +€5,975
up €5,975 (+25.6%), from €23,368 to €29,343
- Depreciation -€924
down €924 (-15.1%), from €6,131 to €5,207
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 | €24,255 | €41,308 | +€17,053 | +70.3% |
| Fixed assets | 21/28 | €12,119 | €10,129 | -€1,991 | -16.4% |
| Intangible fixed assets | 21 | €4,088 | €2,724 | -€1,364 | -33.4% |
| Tangible fixed assets | 22/27 | €7,151 | €6,525 | -€627 | -8.8% |
| Furniture and vehicles | 24 | €7,151 | €6,525 | -€627 | -8.8% |
| Financial fixed assets | 28 | €880 | €880 | = | 0.0% |
| Current assets | 29/58 | €12,136 | €31,179 | +€19,044 | +156.9% |
| Amounts receivable within one year | 40/41 | €11,522 | €29,057 | +€17,535 | +152.2% |
| Trade receivables | 40 | €11,522 | €18,608 | +€7,086 | +61.5% |
| Other amounts receivable | 41 | €0 | €10,449 | +€10,449 | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €613 | €2,122 | +€1,509 | +246.0% |
| Total equity and liabilities | 10/49 | €24,255 | €41,308 | +€17,053 | +70.3% |
| Equity | 10/15 | €738 | €17,004 | +€16,266 | +2202.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,262 | €15,004 | +€16,266 | |
| Amounts payable | 17/49 | €23,517 | €24,304 | +€787 | +3.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,517 | €24,122 | +€605 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €741 | €0 | -€741 | -100.0% |
| Financial debts | 43 | €3,893 | €3,729 | -€164 | -4.2% |
| Credit institutions | 430/8 | €3,893 | €3,729 | -€164 | -4.2% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €3,428 | €5,483 | +€2,055 | +59.9% |
| Suppliers | 440/4 | €3,428 | €5,483 | +€2,055 | +59.9% |
| Taxes, remuneration and social security | 45 | €8,026 | €14,910 | +€6,884 | +85.8% |
| Taxes | 450/3 | €8,026 | €14,910 | +€6,884 | +85.8% |
| Other amounts payable | 47/48 | €7,429 | €0 | -€7,429 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €182 | +€182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,131 | €5,207 | -€924 | -15.1% |
| Other operating charges | 640/8 | €682 | €671 | -€11 | -1.7% |
| Non-recurring operating charges | 66A | - | €7 | +€7 | |
| Gross operating margin | 9900 | €23,368 | €29,343 | +€5,975 | +25.6% |
| Operating profit (loss) | 9901 | €16,555 | €23,459 | +€6,903 | +41.7% |
| Financial income | 75/76B | €118 | €283 | +€166 | +140.8% |
| Recurring financial income | 75 | €118 | €283 | +€166 | +140.8% |
| Financial charges | 65/66B | €158 | €375 | +€217 | +137.1% |
| Recurring financial charges | 65 | €158 | €375 | +€217 | +137.1% |
| Profit (loss) for the period before taxes | 9903 | €16,514 | €23,366 | +€6,852 | +41.5% |
| Income taxes | 67/77 | €7,353 | €7,101 | -€252 | -3.4% |
| Profit (loss) for the period | 9904 | €9,162 | €16,266 | +€7,104 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,162 | €16,266 | +€7,104 | +77.5% |
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 11 October 2026 via checked.be.