Mingle: 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.
Mingle
Largest movements
- Cash -€120,771
down €120,771 (-74.6%), from €161,793 to €41,022
mainly Investment in fixed assets (net) (-€90,214) and Contributions, distributions and other (-€78,000)
- Tangible fixed assets +€68,554
up €68,554 (+103%), from €66,600 to €135,153
of which Other tangible fixed assets: +€83,434
- Receivables within one year +€16,199
up €16,199 (+130%), from €12,475 to €28,674
of which Trade receivables: +€16,842
- Reserves -€43,441
down €43,441 (-55.0%), from €79,045 to €35,604
- Other debts +€19,070
up €19,070 (+21.2%), from €90,045 to €109,115
- Debts after one year -€10,051
down €10,051 (-34.0%), from €29,562 to €19,511
- Gross operating margin +€14,947
up €14,947 (+25.0%), from €59,678 to €74,625
- Depreciation +€6,307
up €6,307 (+41.1%), from €15,353 to €21,661
- Taxes -€851
down €851 (-8.8%), from €9,626 to €8,775
- Financial charges -€770
down €770 (-28.2%), from €2,728 to €1,958
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 | €241,453 | €205,450 | -€36,003 | -14.9% |
| Fixed assets | 21/28 | €66,600 | €135,153 | +€68,554 | +103% |
| Tangible fixed assets | 22/27 | €66,600 | €135,153 | +€68,554 | +103% |
| Plant, machinery and equipment | 23 | €865 | €205 | -€661 | -76.4% |
| Furniture and vehicles | 24 | €53,109 | €38,890 | -€14,219 | -26.8% |
| Other tangible fixed assets | 26 | €12,625 | €96,058 | +€83,434 | +661% |
| Current assets | 29/58 | €174,853 | €70,296 | -€104,557 | -59.8% |
| Amounts receivable within one year | 40/41 | €12,475 | €28,674 | +€16,199 | +130% |
| Trade receivables | 40 | €11,825 | €28,667 | +€16,842 | +142% |
| Other amounts receivable | 41 | €650 | €7 | -€643 | -98.9% |
| Cash at bank and in hand | 54/58 | €161,793 | €41,022 | -€120,771 | -74.6% |
| Deferred charges and accrued income | 490/1 | €585 | €600 | +€16 | +2.7% |
| Total equity and liabilities | 10/49 | €241,453 | €205,450 | -€36,003 | -14.9% |
| Equity | 10/15 | €97,645 | €54,204 | -€43,441 | -44.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €79,045 | €35,604 | -€43,441 | -55.0% |
| Distributable reserves | 133 | €79,045 | €35,604 | -€43,441 | -55.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €143,808 | €151,246 | +€7,438 | +5.2% |
| Amounts payable after more than one year | 17 | €29,562 | €19,511 | -€10,051 | -34.0% |
| Financial debts | 170/4 | €29,562 | €19,511 | -€10,051 | -34.0% |
| Amounts payable within one year | 42/48 | €111,833 | €131,735 | +€19,902 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €9,655 | €10,051 | +€396 | +4.1% |
| Financial debts | 43 | €845 | €0 | -€845 | -100% |
| Credit institutions | 430/8 | €845 | €0 | -€845 | -100% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €1,078 | €2,762 | +€1,684 | +156% |
| Suppliers | 440/4 | €1,078 | €2,762 | +€1,684 | +156% |
| Taxes, remuneration and social security | 45 | €10,210 | €9,806 | -€403 | -4.0% |
| Taxes | 450/3 | €10,210 | €9,806 | -€403 | -4.0% |
| Other amounts payable | 47/48 | €90,045 | €109,115 | +€19,070 | +21.2% |
| Accrued charges and deferred income | 492/3 | €2,413 | €0 | -€2,413 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,353 | €21,661 | +€6,307 | +41.1% |
| Other operating charges | 640/8 | €1,284 | €1,139 | -€146 | -11.3% |
| Non-recurring operating charges | 66A | - | €6,535 | +€6,535 | |
| Gross operating margin | 9900 | €59,678 | €74,625 | +€14,947 | +25.0% |
| Operating profit (loss) | 9901 | €43,040 | €45,291 | +€2,251 | +5.2% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €2,728 | €1,958 | -€770 | -28.2% |
| Recurring financial charges | 65 | €2,728 | €1,958 | -€770 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €40,312 | €43,334 | +€3,022 | +7.5% |
| Income taxes | 67/77 | €9,626 | €8,775 | -€851 | -8.8% |
| Profit (loss) for the period | 9904 | €30,686 | €34,559 | +€3,873 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,686 | €34,559 | +€3,873 | +12.6% |
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 24 October 2026 via checked.be.