MINI-MAAL: 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.
MINI-MAAL
Largest movements
- Cash -€25,231
down €25,231 (-75.4%), from €33,471 to €8,241
mainly Other debts (-€18,076) and Receivables within one year (-€8,982)
- Tangible fixed assets -€9,585
down €9,585 (-22.1%), from €43,456 to €33,871
of which Furniture and vehicles: -€5,503
- Receivables within one year +€8,982
up €8,982 (+989.6%), from €908 to €9,890
of which Trade receivables: +€5,936
- Deferred charges and accrued income +€2,072
up €2,072 (+10674.4%), from €19 to €2,091
- Other debts -€18,076
no longer reported in 2025 (was €18,076)
- Profit (loss) carried forward -€2,949
down €2,949 (-9.4%), from -€31,268 to -€34,217
- Tax, wage and social debts -€1,839
down €1,839 (-26.0%), from €7,073 to €5,234
- Trade debts -€972
down €972 (-98.1%), from €991 to €18
- Gross operating margin +€26,087
up €26,087, from -€15,978 to €10,109
- Staff costs -€12,409
no longer reported in 2025 (was €12,409)
- Financial income -€11,356
down €11,356 (-99.8%), from €11,376 to €20
of which Non-recurring financial income: -€11,366
- Other operating charges -€2,077
down €2,077 (-42.1%), from €4,931 to €2,854
- Depreciation +€1,257
up €1,257 (+15.1%), from €8,328 to €9,585
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 | €81,646 | €57,885 | -€23,761 | -29.1% |
| Fixed assets | 21/28 | €43,979 | €34,394 | -€9,585 | -21.8% |
| Tangible fixed assets | 22/27 | €43,456 | €33,871 | -€9,585 | -22.1% |
| Plant, machinery and equipment | 23 | €21,429 | €17,468 | -€3,962 | -18.5% |
| Furniture and vehicles | 24 | €21,543 | €16,040 | -€5,503 | -25.5% |
| Other tangible fixed assets | 26 | €484 | €363 | -€121 | -25.0% |
| Financial fixed assets | 28 | €523 | €523 | = | 0.0% |
| Current assets | 29/58 | €37,668 | €23,491 | -€14,177 | -37.6% |
| Stocks and contracts in progress | 3 | €3,269 | €3,269 | = | 0.0% |
| Stocks | 30/36 | €3,269 | €3,269 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €908 | €9,890 | +€8,982 | +989.6% |
| Trade receivables | 40 | €908 | €6,844 | +€5,936 | +654.0% |
| Other amounts receivable | 41 | - | €3,046 | +€3,046 | |
| Cash at bank and in hand | 54/58 | €33,471 | €8,241 | -€25,231 | -75.4% |
| Deferred charges and accrued income | 490/1 | €19 | €2,091 | +€2,072 | +10674.4% |
| Total equity and liabilities | 10/49 | €81,646 | €57,885 | -€23,761 | -29.1% |
| Equity | 10/15 | €55,506 | €52,557 | -€2,949 | -5.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €46,774 | €46,774 | = | 0.0% |
| Distributable reserves | 133 | €46,774 | €46,774 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,268 | -€34,217 | -€2,949 | -9.4% |
| Amounts payable | 17/49 | €26,140 | €5,328 | -€20,812 | -79.6% |
| Amounts payable within one year | 42/48 | €26,140 | €5,252 | -€20,888 | -79.9% |
| Trade debts | 44 | €991 | €18 | -€972 | -98.1% |
| Suppliers | 440/4 | €991 | €18 | -€972 | -98.1% |
| Taxes, remuneration and social security | 45 | €7,073 | €5,234 | -€1,839 | -26.0% |
| Taxes | 450/3 | €7,073 | €5,234 | -€1,839 | -26.0% |
| Other amounts payable | 47/48 | €18,076 | - | -€18,076 | |
| Accrued charges and deferred income | 492/3 | - | €75 | +€75 | |
| Remuneration, social security and pensions | 62 | €12,409 | - | -€12,409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,328 | €9,585 | +€1,257 | +15.1% |
| Other operating charges | 640/8 | €4,931 | €2,854 | -€2,077 | -42.1% |
| Gross operating margin | 9900 | -€15,978 | €10,109 | +€26,087 | |
| Operating profit (loss) | 9901 | -€41,646 | -€2,330 | +€39,316 | +94.4% |
| Financial income | 75/76B | €11,376 | €20 | -€11,356 | -99.8% |
| Recurring financial income | 75 | €10 | €20 | +€10 | +95.8% |
| Non-recurring financial income | 76B | €11,366 | - | -€11,366 | |
| Financial charges | 65/66B | €834 | €639 | -€195 | -23.4% |
| Recurring financial charges | 65 | €834 | €639 | -€195 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | -€31,104 | -€2,949 | +€28,155 | +90.5% |
| Income taxes | 67/77 | €164 | - | -€164 | |
| Profit (loss) for the period | 9904 | -€31,268 | -€2,949 | +€28,319 | +90.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,268 | -€2,949 | +€28,319 | +90.6% |
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 11 October 2026 via checked.be.