MINI en MAXI: 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.
MINI en MAXI
Largest movements
- Cash +€34,675
up €34,675 (+72.7%), from €47,705 to €82,380
mainly Depreciation (+€35,540) and Tax, wage and social debts (+€15,142)
- Tangible fixed assets -€31,714
down €31,714 (-23.3%), from €135,820 to €104,106
of which Land and buildings: -€18,308
- Receivables within one year -€4,221
down €4,221 (-13.5%), from €31,219 to €26,998
of which Other amounts receivable: -€4,754
- Debts after one year -€18,258
down €18,258 (-35.9%), from €50,860 to €32,602
- Tax, wage and social debts +€15,142
up €15,142 (+76.8%), from €19,717 to €34,859
of which Remuneration and social security: +€12,938
- Current portion of long-term debt -€5,997
down €5,997 (-24.7%), from €24,255 to €18,258
- Other debts +€5,656
up €5,656 (+36.8%), from €15,388 to €21,044
- Trade debts +€2,701
up €2,701 (+31.8%), from €8,490 to €11,191
- Depreciation -€8,317
down €8,317 (-19.0%), from €43,857 to €35,540
- Taxes -€3,608
down €3,608 (-55.8%), from €6,464 to €2,856
- Staff costs +€3,001
up €3,001 (+1.6%), from €192,197 to €195,198
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 | €217,640 | €216,953 | -€686 | -0.3% |
| Fixed assets | 21/28 | €135,820 | €104,106 | -€31,714 | -23.3% |
| Tangible fixed assets | 22/27 | €135,820 | €104,106 | -€31,714 | -23.3% |
| Land and buildings | 22 | €105,106 | €86,797 | -€18,308 | -17.4% |
| Plant, machinery and equipment | 23 | €5,013 | €6,298 | +€1,285 | +25.6% |
| Furniture and vehicles | 24 | €25,701 | €11,011 | -€14,690 | -57.2% |
| Current assets | 29/58 | €81,820 | €112,847 | +€31,027 | +37.9% |
| Amounts receivable within one year | 40/41 | €31,219 | €26,998 | -€4,221 | -13.5% |
| Trade receivables | 40 | €24,919 | €25,452 | +€533 | +2.1% |
| Other amounts receivable | 41 | €6,300 | €1,547 | -€4,754 | -75.5% |
| Cash at bank and in hand | 54/58 | €47,705 | €82,380 | +€34,675 | +72.7% |
| Deferred charges and accrued income | 490/1 | €2,897 | €3,469 | +€573 | +19.8% |
| Total equity and liabilities | 10/49 | €217,640 | €216,953 | -€686 | -0.3% |
| Equity | 10/15 | €98,929 | €98,998 | +€69 | +0.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €67,532 | €67,532 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,898 | €19,898 | = | 0.0% |
| Distributable reserves | 133 | €47,634 | €47,634 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,848 | €12,917 | +€69 | +0.5% |
| Amounts payable | 17/49 | €118,710 | €117,955 | -€755 | -0.6% |
| Amounts payable after more than one year | 17 | €50,860 | €32,602 | -€18,258 | -35.9% |
| Financial debts | 170/4 | €50,860 | €32,602 | -€18,258 | -35.9% |
| Amounts payable within one year | 42/48 | €67,850 | €85,353 | +€17,502 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €24,255 | €18,258 | -€5,997 | -24.7% |
| Trade debts | 44 | €8,490 | €11,191 | +€2,701 | +31.8% |
| Suppliers | 440/4 | €8,490 | €11,191 | +€2,701 | +31.8% |
| Taxes, remuneration and social security | 45 | €19,717 | €34,859 | +€15,142 | +76.8% |
| Taxes | 450/3 | €652 | €2,856 | +€2,204 | +338.3% |
| Remuneration and social security | 454/9 | €19,065 | €32,003 | +€12,938 | +67.9% |
| Other amounts payable | 47/48 | €15,388 | €21,044 | +€5,656 | +36.8% |
| Remuneration, social security and pensions | 62 | €192,197 | €195,198 | +€3,001 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,857 | €35,540 | -€8,317 | -19.0% |
| Other operating charges | 640/8 | €2,106 | €2,112 | +€6 | +0.3% |
| Gross operating margin | 9900 | €240,516 | €239,427 | -€1,089 | -0.5% |
| Operating profit (loss) | 9901 | €2,356 | €6,577 | +€4,221 | +179.2% |
| Financial income | 75/76B | €107 | €42 | -€65 | -60.5% |
| Recurring financial income | 75 | €107 | €42 | -€65 | -60.5% |
| Financial charges | 65/66B | €4,896 | €3,695 | -€1,201 | -24.5% |
| Recurring financial charges | 65 | €4,896 | €3,695 | -€1,201 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,433 | €2,925 | +€5,358 | |
| Income taxes | 67/77 | €6,464 | €2,856 | -€3,608 | -55.8% |
| Profit (loss) for the period | 9904 | -€8,897 | €69 | +€8,966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,897 | €69 | +€8,966 |
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 4 October 2026 via checked.be.