MINICHI: 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.
MINICHI
Largest movements
- Tangible fixed assets -€1,315
down €1,315 (-4.6%), from €28,581 to €27,266
of which Plant, machinery and equipment: -€720
- Profit (loss) carried forward -€6,473
down €6,473 (-7.5%), from -€86,117 to -€92,591
- Other debts +€5,000
up €5,000 (+5.1%), from €97,091 to €102,091
- Gross operating margin -€4,377
down €4,377 (-1423.3%), from -€308 to -€4,684
- Staff costs -€830
no longer reported in 2025 (was €830)
- Other operating charges +€400
new in 2025: €400
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 | €29,574 | €28,101 | -€1,473 | -5.0% |
| Formation expenses | 20 | €806 | €731 | -€74 | -9.2% |
| Fixed assets | 21/28 | €28,581 | €27,266 | -€1,315 | -4.6% |
| Tangible fixed assets | 22/27 | €28,581 | €27,266 | -€1,315 | -4.6% |
| Land and buildings | 22 | €6,445 | €5,850 | -€595 | -9.2% |
| Plant, machinery and equipment | 23 | €22,135 | €21,415 | -€720 | -3.3% |
| Current assets | 29/58 | €188 | €104 | -€84 | -44.7% |
| Cash at bank and in hand | 54/58 | €188 | €104 | -€84 | -44.7% |
| Total equity and liabilities | 10/49 | €29,574 | €28,101 | -€1,473 | -5.0% |
| Equity | 10/15 | -€67,517 | -€73,991 | -€6,473 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,117 | -€92,591 | -€6,473 | -7.5% |
| Amounts payable | 17/49 | €97,091 | €102,091 | +€5,000 | +5.1% |
| Amounts payable within one year | 42/48 | €97,091 | €102,091 | +€5,000 | +5.1% |
| Other amounts payable | 47/48 | €97,091 | €102,091 | +€5,000 | +5.1% |
| Remuneration, social security and pensions | 62 | €830 | - | -€830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,389 | €1,389 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€308 | -€4,684 | -€4,377 | -1423.3% |
| Operating profit (loss) | 9901 | -€2,527 | -€6,473 | -€3,947 | -156.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,527 | -€6,473 | -€3,947 | -156.2% |
| Profit (loss) for the period | 9904 | -€2,527 | -€6,473 | -€3,947 | -156.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,527 | -€6,473 | -€3,947 | -156.2% |
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 5 October 2026 via checked.be.