MINI'ON: 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'ON
Largest movements
- Stocks and contracts -€26,422
down €26,422 (-14.7%), from €179,311 to €152,890
- Tangible fixed assets -€22,552
down €22,552 (-48.9%), from €46,098 to €23,546
of which Other tangible fixed assets: -€20,566
- Receivables within one year -€5,300
no longer reported in 2024 (was €5,300)
- Cash -€2,842
down €2,842 (-55.0%), from €5,169 to €2,327
- Tax, wage and social debts -€69,481
down €69,481 (-85.4%), from €81,323 to €11,842
of which Taxes: -€66,346
- Profit (loss) carried forward +€25,212
up €25,212 (+34.1%), from €73,973 to €99,185
- Debts after one year -€23,789
down €23,789 (-71.0%), from €33,502 to €9,713
- Other debts +€11,890
new in 2024: €11,890
- Taxes +€3,262
up €3,262 (+989.2%), from €330 to €3,592
- Financial charges -€2,582
down €2,582 (-59.1%), from €4,365 to €1,784
- Other operating charges -€2,293
down €2,293 (-81.8%), from €2,803 to €510
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,878 | €178,763 | -€57,116 | -24.2% |
| Fixed assets | 21/28 | €46,098 | €23,546 | -€22,552 | -48.9% |
| Tangible fixed assets | 22/27 | €46,098 | €23,546 | -€22,552 | -48.9% |
| Furniture and vehicles | 24 | €3,195 | €1,209 | -€1,986 | -62.2% |
| Other tangible fixed assets | 26 | €42,903 | €22,337 | -€20,566 | -47.9% |
| Current assets | 29/58 | €189,780 | €155,217 | -€34,564 | -18.2% |
| Stocks and contracts in progress | 3 | €179,311 | €152,890 | -€26,422 | -14.7% |
| Stocks | 30/36 | €179,311 | €152,890 | -€26,422 | -14.7% |
| Amounts receivable within one year | 40/41 | €5,300 | - | -€5,300 | |
| Other amounts receivable | 41 | €5,300 | - | -€5,300 | |
| Cash at bank and in hand | 54/58 | €5,169 | €2,327 | -€2,842 | -55.0% |
| Total equity and liabilities | 10/49 | €235,878 | €178,763 | -€57,116 | -24.2% |
| Equity | 10/15 | €103,973 | €129,185 | +€25,212 | +24.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,973 | €99,185 | +€25,212 | +34.1% |
| Amounts payable | 17/49 | €131,905 | €49,577 | -€82,328 | -62.4% |
| Amounts payable after more than one year | 17 | €33,502 | €9,713 | -€23,789 | -71.0% |
| Financial debts | 170/4 | €33,502 | €9,713 | -€23,789 | -71.0% |
| Amounts payable within one year | 42/48 | €98,404 | €39,864 | -€58,539 | -59.5% |
| Current portion of amounts payable after more than one year | 42 | €11,885 | €11,891 | +€6 | 0.0% |
| Trade debts | 44 | €5,195 | €4,241 | -€954 | -18.4% |
| Suppliers | 440/4 | €5,195 | €4,241 | -€954 | -18.4% |
| Taxes, remuneration and social security | 45 | €81,323 | €11,842 | -€69,481 | -85.4% |
| Taxes | 450/3 | €75,977 | €9,631 | -€66,346 | -87.3% |
| Remuneration and social security | 454/9 | €5,346 | €2,212 | -€3,134 | -58.6% |
| Other amounts payable | 47/48 | - | €11,890 | +€11,890 | |
| Remuneration, social security and pensions | 62 | €42,307 | €43,010 | +€703 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,383 | €11,276 | -€107 | -0.9% |
| Other operating charges | 640/8 | €2,803 | €510 | -€2,293 | -81.8% |
| Non-recurring operating charges | 66A | €2,402 | - | -€2,402 | |
| Gross operating margin | 9900 | €71,016 | €70,956 | -€60 | -0.1% |
| Operating profit (loss) | 9901 | €12,121 | €16,160 | +€4,040 | +33.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,365 | €1,784 | -€2,582 | -59.1% |
| Recurring financial charges | 65 | €4,365 | €1,784 | -€2,582 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | €7,756 | €14,377 | +€6,621 | +85.4% |
| Income taxes | 67/77 | €330 | €3,592 | +€3,262 | +989.2% |
| Profit (loss) for the period | 9904 | €7,426 | €10,785 | +€3,359 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,426 | €10,785 | +€3,359 | +45.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2022 and 31 July 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.