MINILABEL: 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.
MINILABEL
Largest movements
- Stocks and contracts +€3,026
up €3,026 (+14.4%), from €20,974 to €24,000
- Cash -€2,258
down €2,258 (-63.5%), from €3,555 to €1,298
mainly Stocks and contracts (-€3,026) and Net result for the year (-€880)
- Receivables within one year +€727
up €727 (+129.4%), from €562 to €1,289
of which Trade receivables: +€727
- Tangible fixed assets -€451
down €451 (-81.8%), from €552 to €100
- Trade debts +€1,362
up €1,362 (+2856.8%), from €48 to €1,410
- Profit (loss) carried forward -€880
down €880 (-88.4%), from €996 to €116
- Tax, wage and social debts +€562
up €562 (+93.8%), from €599 to €1,161
- Gross operating margin -€529
down €529 (-54.7%), from €967 to €438
- Financial charges -€66
down €66 (-27.1%), from €244 to €178
- Depreciation -€65
down €65 (-12.6%), from €516 to €451
- Other operating charges +€26
up €26 (+3.9%), from €663 to €689
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 | €25,643 | €26,687 | +€1,044 | +4.1% |
| Fixed assets | 21/28 | €552 | €100 | -€451 | -81.8% |
| Tangible fixed assets | 22/27 | €552 | €100 | -€451 | -81.8% |
| Plant, machinery and equipment | 23 | €552 | €100 | -€451 | -81.8% |
| Current assets | 29/58 | €25,091 | €26,586 | +€1,495 | +6.0% |
| Stocks and contracts in progress | 3 | €20,974 | €24,000 | +€3,026 | +14.4% |
| Stocks | 30/36 | €20,974 | €24,000 | +€3,026 | +14.4% |
| Amounts receivable within one year | 40/41 | €562 | €1,289 | +€727 | +129.4% |
| Trade receivables | 40 | €67 | €794 | +€727 | +1089.0% |
| Other amounts receivable | 41 | €495 | €495 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,555 | €1,298 | -€2,258 | -63.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €25,643 | €26,687 | +€1,044 | +4.1% |
| Equity | 10/15 | €20,996 | €20,116 | -€880 | -4.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €996 | €116 | -€880 | -88.4% |
| Amounts payable | 17/49 | €4,647 | €6,571 | +€1,924 | +41.4% |
| Amounts payable within one year | 42/48 | €4,647 | €6,571 | +€1,924 | +41.4% |
| Trade debts | 44 | €48 | €1,410 | +€1,362 | +2856.8% |
| Suppliers | 440/4 | €48 | €1,410 | +€1,362 | +2856.8% |
| Taxes, remuneration and social security | 45 | €599 | €1,161 | +€562 | +93.8% |
| Taxes | 450/3 | €599 | €1,161 | +€562 | +93.8% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €451 | -€65 | -12.6% |
| Other operating charges | 640/8 | €663 | €689 | +€26 | +3.9% |
| Gross operating margin | 9900 | €967 | €438 | -€529 | -54.7% |
| Operating profit (loss) | 9901 | -€212 | -€702 | -€490 | -230.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €244 | €178 | -€66 | -27.1% |
| Recurring financial charges | 65 | €244 | €178 | -€66 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€457 | -€880 | -€424 | -92.8% |
| Profit (loss) for the period | 9904 | -€457 | -€880 | -€424 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€457 | -€880 | -€424 | -92.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.