Miniem: 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.
Miniem
Largest movements
- Receivables within one year -€35,017
down €35,017 (-92.4%), from €37,904 to €2,887
- Cash +€19,825
up €19,825 (+3537.4%), from €560 to €20,385
mainly Receivables within one year (+€35,017) and Debts after one year (+€10,000)
- Tangible fixed assets +€10,361
up €10,361 (+1189.4%), from €871 to €11,232
of which Plant, machinery and equipment: +€9,914
- Intangible fixed assets -€3,326
down €3,326 (-79.9%), from €4,162 to €836
- Deferred charges and accrued income +€583
new in 2021: €583
- Equity -€25,110
down €25,110, from €20,775 to -€4,335
of which Profit (loss) carried forward: -€25,110
- Debts after one year +€10,000
new in 2021: €10,000
- Debts within one year +€7,536
up €7,536 (+33.2%), from €22,723 to €30,259
of which Tax, wage and social debts: +€11,551
- Staff costs +€35,956
new in 2021: €35,956
- Gross operating margin +€28,767
up €28,767 (+136.7%), from €21,045 to €49,812
- Other operating charges +€26,919
new in 2021: €26,919
- Write-downs +€8,475
new in 2021: €8,475
- Financial income +€1,760
new in 2021: €1,760
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,498 | €35,923 | -€7,574 | -17.4% |
| Fixed assets | 21/28 | €5,033 | €12,068 | +€7,035 | +139.8% |
| Intangible fixed assets | 21 | €4,162 | €836 | -€3,326 | -79.9% |
| Tangible fixed assets | 22/27 | €871 | €11,232 | +€10,361 | +1189.4% |
| Plant, machinery and equipment | 23 | - | €9,914 | +€9,914 | |
| Furniture and vehicles | 24 | - | €1,319 | +€1,319 | |
| Current assets | 29/58 | €38,464 | €23,855 | -€14,609 | -38.0% |
| Amounts receivable within one year | 40/41 | €37,904 | €2,887 | -€35,017 | -92.4% |
| Trade receivables | 40 | - | €845 | +€845 | |
| Other amounts receivable | 41 | - | €2,042 | +€2,042 | |
| Cash at bank and in hand | 54/58 | €560 | €20,385 | +€19,825 | +3537.4% |
| Deferred charges and accrued income | 490/1 | - | €583 | +€583 | |
| Total equity and liabilities | 10/49 | €43,498 | €35,923 | -€7,574 | -17.4% |
| Equity | 10/15 | €20,775 | -€4,335 | -€25,110 | |
| Contributions | 10/11 | - | €14,250 | +€14,250 | |
| Profit (loss) carried forward | 14 | €6,525 | -€18,585 | -€25,110 | |
| Amounts payable | 17/49 | €22,723 | €40,259 | +€17,536 | +77.2% |
| Amounts payable after more than one year | 17 | - | €10,000 | +€10,000 | |
| Financial debts | 170/4 | - | €10,000 | +€10,000 | |
| Amounts payable within one year | 42/48 | €22,723 | €30,259 | +€7,536 | +33.2% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €11,247 | €17,884 | +€6,637 | +59.0% |
| Suppliers | 440/4 | - | €17,884 | +€17,884 | |
| Taxes, remuneration and social security | 45 | - | €11,551 | +€11,551 | |
| Taxes | 450/3 | - | €10,096 | +€10,096 | |
| Remuneration and social security | 454/9 | - | €1,455 | +€1,455 | |
| Other amounts payable | 47/48 | - | €823 | +€823 | |
| Remuneration, social security and pensions | 62 | - | €35,956 | +€35,956 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,481 | €3,951 | -€531 | -11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,475 | +€8,475 | |
| Other operating charges | 640/8 | - | €26,919 | +€26,919 | |
| Gross operating margin | 9900 | €21,045 | €49,812 | +€28,767 | +136.7% |
| Operating profit (loss) | 9901 | €5,564 | -€25,490 | -€31,054 | |
| Financial income | 75/76B | - | €1,760 | +€1,760 | |
| Recurring financial income | 75 | €12 | €1,760 | +€1,748 | +14277.6% |
| Financial charges | 65/66B | - | €1,303 | +€1,303 | |
| Recurring financial charges | 65 | €406 | €1,303 | +€897 | +221.0% |
| Profit (loss) for the period before taxes | 9903 | €5,170 | -€25,033 | -€30,203 | |
| Income taxes | 67/77 | €1,149 | €78 | -€1,072 | -93.2% |
| Profit (loss) for the period | 9904 | €4,021 | -€25,110 | -€29,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,021 | -€25,110 | -€29,132 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.