MINI-TEN: 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-TEN
Largest movements
- Tangible fixed assets +€44,730
up €44,730 (+140.0%), from €31,951 to €76,681
of which Furniture and vehicles: +€38,389
- Cash -€8,650
down €8,650 (-66.8%), from €12,942 to €4,293
mainly Investment in fixed assets (net) (-€52,085) and Receivables within one year (-€3,234)
- Receivables within one year +€3,234
up €3,234 (+35.7%), from €9,061 to €12,295
of which Trade receivables: +€2,134
- Deferred charges and accrued income +€3,000
new in 2026: €3,000
- Trade debts +€21,859
up €21,859 (+106.0%), from €20,624 to €42,482
- Reserves +€15,000
new in 2026: €15,000
- Tax, wage and social debts +€6,312
up €6,312 (+22.9%), from €27,508 to €33,820
of which Remuneration and social security: +€7,045
- Purchases and services -€127,827
no longer reported in 2026 (was €127,827)
- Staff costs -€12,157
down €12,157 (-37.2%), from €32,694 to €20,536
- Taxes +€9,717
up €9,717 (+545.1%), from €1,783 to €11,500
- Gross operating margin -€4,508
down €4,508 (-7.5%), from €60,412 to €55,904
- Depreciation +€2,951
up €2,951 (+67.0%), from €4,404 to €7,355
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,375 | €131,209 | +€42,834 | +48.5% |
| Fixed assets | 21/28 | €31,951 | €76,681 | +€44,730 | +140.0% |
| Tangible fixed assets | 22/27 | €31,951 | €76,681 | +€44,730 | +140.0% |
| Land and buildings | 22 | €31,951 | €38,293 | +€6,341 | +19.8% |
| Furniture and vehicles | 24 | - | €38,389 | +€38,389 | |
| Current assets | 29/58 | €56,424 | €54,528 | -€1,896 | -3.4% |
| Stocks and contracts in progress | 3 | €34,420 | €34,940 | +€520 | +1.5% |
| Stocks | 30/36 | €34,420 | €34,940 | +€520 | +1.5% |
| Amounts receivable within one year | 40/41 | €9,061 | €12,295 | +€3,234 | +35.7% |
| Trade receivables | 40 | €5 | €2,139 | +€2,134 | +40486.5% |
| Other amounts receivable | 41 | €9,056 | €10,156 | +€1,100 | +12.1% |
| Cash at bank and in hand | 54/58 | €12,942 | €4,293 | -€8,650 | -66.8% |
| Deferred charges and accrued income | 490/1 | - | €3,000 | +€3,000 | |
| Total equity and liabilities | 10/49 | €88,375 | €131,209 | +€42,834 | +48.5% |
| Equity | 10/15 | €28,587 | €44,302 | +€15,715 | +55.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €15,000 | +€15,000 | |
| Distributable reserves | 133 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | €9,987 | €10,702 | +€715 | +7.2% |
| Amounts payable | 17/49 | €59,788 | €86,908 | +€27,119 | +45.4% |
| Amounts payable within one year | 42/48 | €59,788 | €86,908 | +€27,119 | +45.4% |
| Trade debts | 44 | €20,624 | €42,482 | +€21,859 | +106.0% |
| Suppliers | 440/4 | €20,624 | €42,482 | +€21,859 | +106.0% |
| Taxes, remuneration and social security | 45 | €27,508 | €33,820 | +€6,312 | +22.9% |
| Taxes | 450/3 | €6,692 | €5,959 | -€734 | -11.0% |
| Remuneration and social security | 454/9 | €20,816 | €27,862 | +€7,045 | +33.8% |
| Other amounts payable | 47/48 | €11,656 | €10,605 | -€1,051 | -9.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €127,827 | - | -€127,827 | |
| Remuneration, social security and pensions | 62 | €32,694 | €20,536 | -€12,157 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,404 | €7,355 | +€2,951 | +67.0% |
| Other operating charges | 640/8 | €1,109 | €839 | -€270 | -24.4% |
| Gross operating margin | 9900 | €60,412 | €55,904 | -€4,508 | -7.5% |
| Operating profit (loss) | 9901 | €22,205 | €27,174 | +€4,968 | +22.4% |
| Financial income | 75/76B | €25 | €50 | +€25 | +100.8% |
| Recurring financial income | 75 | €25 | €50 | +€25 | +100.8% |
| Financial charges | 65/66B | €1 | €9 | +€9 | +1748.0% |
| Recurring financial charges | 65 | €1 | €9 | +€9 | +1748.0% |
| Profit (loss) for the period before taxes | 9903 | €22,230 | €27,215 | +€4,985 | +22.4% |
| Income taxes | 67/77 | €1,783 | €11,500 | +€9,717 | +545.1% |
| Profit (loss) for the period | 9904 | €20,447 | €15,715 | -€4,732 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,447 | €15,715 | -€4,732 | -23.1% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.