MINGNEAU FABRICE: what changed
What changed
MINGNEAU FABRICE
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€4,416
2024 · €9,038-€4,622
Equity
€112,216
2024 · €107,800+€4,416
Cash
€53,845
2024 · €71,237-€17,392
Balance sheet total
€321,517
2024 · €331,130-€9,613
Largest movements
Assets
- Cash -€17,392
down €17,392 (-24.4%), from €71,237 to €53,845
mainly Receivables within one year (-€14,518) and Debts after one year (-€11,667)
- Tangible fixed assets -€16,630
down €16,630 (-7.6%), from €217,404 to €200,774
- Receivables within one year +€14,518
up €14,518 (+39.0%), from €37,251 to €51,769
of which Trade receivables: +€19,807
- Deferred charges and accrued income +€9,890
up €9,890 (+189%), from €5,238 to €15,128
Equity and liabilities
- Debts after one year -€11,667
down €11,667 (-8.3%), from €140,753 to €129,087
- Reserves +€4,416
up €4,416 (+4.9%), from €89,250 to €93,666
of which Distributable reserves: +€4,416
- Current portion of long-term debt -€3,779
down €3,779 (-24.5%), from €15,446 to €11,667
Income statement
- Gross operating margin -€4,351
down €4,351 (-10.4%), from €41,984 to €37,632
- Taxes -€1,745
down €1,745 (-41.3%), from €4,225 to €2,480
- Depreciation +€905
up €905 (+4.8%), from €19,019 to €19,924
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€9,038
Gross operating margin
-€4,351
Depreciation
-€905
Other operating charges
-€413
Financial income
-€388
Financial charges
-€310
Taxes
+€1,745
Result 2025
€4,416
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1,348
Investment
-€3,294
Financing
-€15,446
Cash 2024
€71,237
From operations (derived)
+€1,348
Net result for the year
+€4,416
Depreciation
+€19,924
Receivables within one year
-€14,518
Deferred charges and accrued income
-€9,890
Trade debts
-€292
Tax, wage and social debts
-€300
Other debts
+€1,711
Accrued charges and deferred income
+€298
Investment (derived)
-€3,294
Investment in fixed assets (net)
-€3,294
Financing
-€15,446
Debts after one year
-€11,667
Current portion of long-term debt
-€3,779
Cash 2025
€53,845
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,130 | €321,517 | -€9,613 | -2.9% |
| Fixed assets | 21/28 | €217,404 | €200,774 | -€16,630 | -7.6% |
| Tangible fixed assets | 22/27 | €217,404 | €200,774 | -€16,630 | -7.6% |
| Land and buildings | 22 | €189,074 | €182,812 | -€6,262 | -3.3% |
| Plant, machinery and equipment | 23 | €7,811 | €7,387 | -€424 | -5.4% |
| Furniture and vehicles | 24 | €8,717 | €6,150 | -€2,567 | -29.5% |
| Leasing and similar rights | 25 | €11,802 | €4,426 | -€7,376 | -62.5% |
| Current assets | 29/58 | €113,726 | €120,742 | +€7,017 | +6.2% |
| Amounts receivable within one year | 40/41 | €37,251 | €51,769 | +€14,518 | +39.0% |
| Trade receivables | 40 | €29,294 | €49,101 | +€19,807 | +67.6% |
| Other amounts receivable | 41 | €7,957 | €2,668 | -€5,289 | -66.5% |
| Cash at bank and in hand | 54/58 | €71,237 | €53,845 | -€17,392 | -24.4% |
| Deferred charges and accrued income | 490/1 | €5,238 | €15,128 | +€9,890 | +189% |
| Total equity and liabilities | 10/49 | €331,130 | €321,517 | -€9,613 | -2.9% |
| Equity | 10/15 | €107,800 | €112,216 | +€4,416 | +4.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €89,250 | €93,666 | +€4,416 | +4.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €87,395 | €91,811 | +€4,416 | +5.1% |
| Amounts payable | 17/49 | €223,330 | €209,301 | -€14,029 | -6.3% |
| Amounts payable after more than one year | 17 | €140,753 | €129,087 | -€11,667 | -8.3% |
| Financial debts | 170/4 | €140,753 | €129,087 | -€11,667 | -8.3% |
| Amounts payable within one year | 42/48 | €79,746 | €77,086 | -€2,660 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €15,446 | €11,667 | -€3,779 | -24.5% |
| Trade debts | 44 | €18,495 | €18,203 | -€292 | -1.6% |
| Suppliers | 440/4 | €18,495 | €18,203 | -€292 | -1.6% |
| Taxes, remuneration and social security | 45 | €2,475 | €2,175 | -€300 | -12.1% |
| Taxes | 450/3 | €2,475 | €2,175 | -€300 | -12.1% |
| Other amounts payable | 47/48 | €43,330 | €45,041 | +€1,711 | +3.9% |
| Accrued charges and deferred income | 492/3 | €2,830 | €3,128 | +€298 | +10.5% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,019 | €19,924 | +€905 | +4.8% |
| Other operating charges | 640/8 | €2,180 | €2,593 | +€413 | +18.9% |
| Gross operating margin | 9900 | €41,984 | €37,632 | -€4,351 | -10.4% |
| Operating profit (loss) | 9901 | €20,784 | €15,115 | -€5,669 | -27.3% |
| Financial income | 75/76B | €491 | €103 | -€388 | -79.0% |
| Recurring financial income | 75 | €491 | €103 | -€388 | -79.0% |
| Financial charges | 65/66B | €8,012 | €8,323 | +€310 | +3.9% |
| Recurring financial charges | 65 | €8,012 | €8,323 | +€310 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €13,263 | €6,896 | -€6,367 | -48.0% |
| Income taxes | 67/77 | €4,225 | €2,480 | -€1,745 | -41.3% |
| Profit (loss) for the period | 9904 | €9,038 | €4,416 | -€4,622 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,038 | €4,416 | -€4,622 | -51.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.