MINIELEC: 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.
MINIELEC
Largest movements
- Cash +€18,176
up €18,176 (+94.8%), from €19,163 to €37,339
mainly Net result for the year (+€15,814) and Tax, wage and social debts (+€6,340)
- Tangible fixed assets -€5,231
down €5,231 (-45.8%), from €11,409 to €6,178
- Receivables within one year -€707
down €707 (-49.9%), from €1,419 to €712
- Reserves +€15,814
up €15,814 (+427.5%), from €3,699 to €19,513
- Other debts -€6,781
down €6,781 (-64.4%), from €10,534 to €3,753
- Tax, wage and social debts +€6,340
up €6,340 (+130.7%), from €4,850 to €11,190
- Debts after one year -€3,507
down €3,507 (-79.5%), from €4,412 to €905
- Gross operating margin +€17,851
up €17,851 (+177.4%), from €10,061 to €27,913
- Taxes +€5,150
up €5,150 (+458.4%), from €1,123 to €6,273
- Depreciation +€946
up €946 (+22.1%), from €4,285 to €5,231
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 | €31,991 | €44,229 | +€12,238 | +38.3% |
| Fixed assets | 21/28 | €11,409 | €6,178 | -€5,231 | -45.8% |
| Tangible fixed assets | 22/27 | €11,409 | €6,178 | -€5,231 | -45.8% |
| Furniture and vehicles | 24 | €11,409 | €6,178 | -€5,231 | -45.8% |
| Current assets | 29/58 | €20,582 | €38,051 | +€17,468 | +84.9% |
| Amounts receivable within one year | 40/41 | €1,419 | €712 | -€707 | -49.9% |
| Trade receivables | 40 | €1,419 | €712 | -€707 | -49.9% |
| Cash at bank and in hand | 54/58 | €19,163 | €37,339 | +€18,176 | +94.8% |
| Total equity and liabilities | 10/49 | €31,991 | €44,229 | +€12,238 | +38.3% |
| Equity | 10/15 | €8,699 | €24,513 | +€15,814 | +181.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,699 | €19,513 | +€15,814 | +427.5% |
| Distributable reserves | 133 | €3,699 | €19,513 | +€15,814 | +427.5% |
| Amounts payable | 17/49 | €23,292 | €19,716 | -€3,576 | -15.4% |
| Amounts payable after more than one year | 17 | €4,412 | €905 | -€3,507 | -79.5% |
| Financial debts | 170/4 | €4,412 | €905 | -€3,507 | -79.5% |
| Amounts payable within one year | 42/48 | €18,880 | €18,811 | -€69 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €3,333 | €3,507 | +€174 | +5.2% |
| Trade debts | 44 | €163 | €360 | +€198 | +121.3% |
| Suppliers | 440/4 | €163 | €360 | +€198 | +121.3% |
| Taxes, remuneration and social security | 45 | €4,850 | €11,190 | +€6,340 | +130.7% |
| Taxes | 450/3 | €4,850 | €11,190 | +€6,340 | +130.7% |
| Other amounts payable | 47/48 | €10,534 | €3,753 | -€6,781 | -64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,285 | €5,231 | +€946 | +22.1% |
| Other operating charges | 640/8 | €186 | €106 | -€80 | -43.0% |
| Gross operating margin | 9900 | €10,061 | €27,913 | +€17,851 | +177.4% |
| Operating profit (loss) | 9901 | €5,590 | €22,576 | +€16,985 | +303.9% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €767 | €493 | -€274 | -35.7% |
| Recurring financial charges | 65 | €767 | €493 | -€274 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €4,823 | €22,087 | +€17,264 | +358.0% |
| Income taxes | 67/77 | €1,123 | €6,273 | +€5,150 | +458.4% |
| Profit (loss) for the period | 9904 | €3,699 | €15,814 | +€12,114 | +327.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,699 | €15,814 | +€12,114 | +327.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.