MINIMY: 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.
MINIMY
Largest movements
- Cash -€13,190
down €13,190 (-57.9%), from €22,784 to €9,594
mainly Investment in fixed assets (net) (-€13,753) and Receivables within one year (-€4,100)
- Tangible fixed assets +€7,807
up €7,807 (+27.2%), from €28,753 to €36,561
of which Plant, machinery and equipment: +€9,719
- Receivables within one year +€4,100
up €4,100 (+2.5%), from €163,881 to €167,981
- Reserves +€5,024
up €5,024 (+2.6%), from €189,677 to €194,701
of which Distributable reserves: +€5,024
- Tax, wage and social debts -€3,600
no longer reported in 2025 (was €3,600)
- Depreciation +€1,983
up €1,983 (+50.1%), from €3,962 to €5,945
- Gross operating margin +€1,810
up €1,810 (+7.6%), from €23,745 to €25,555
- Taxes -€394
down €394 (-16.1%), from €2,442 to €2,048
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 | €217,317 | €218,013 | +€696 | +0.3% |
| Fixed assets | 21/28 | €28,784 | €36,592 | +€7,807 | +27.1% |
| Tangible fixed assets | 22/27 | €28,753 | €36,561 | +€7,807 | +27.2% |
| Land and buildings | 22 | €13,754 | €12,280 | -€1,474 | -10.7% |
| Plant, machinery and equipment | 23 | €13,927 | €23,646 | +€9,719 | +69.8% |
| Furniture and vehicles | 24 | €1,073 | €635 | -€438 | -40.9% |
| Financial fixed assets | 28 | €31 | €31 | = | 0.0% |
| Current assets | 29/58 | €188,533 | €181,422 | -€7,111 | -3.8% |
| Amounts receivable within one year | 40/41 | €163,881 | €167,981 | +€4,100 | +2.5% |
| Other amounts receivable | 41 | €163,881 | €167,981 | +€4,100 | +2.5% |
| Cash at bank and in hand | 54/58 | €22,784 | €9,594 | -€13,190 | -57.9% |
| Deferred charges and accrued income | 490/1 | €1,868 | €3,847 | +€1,978 | +105.9% |
| Total equity and liabilities | 10/49 | €217,317 | €218,013 | +€696 | +0.3% |
| Equity | 10/15 | €210,677 | €215,701 | +€5,024 | +2.4% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €189,677 | €194,701 | +€5,024 | +2.6% |
| Non-distributable reserves | 130/1 | €2,107 | €2,107 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,107 | €2,107 | = | 0.0% |
| Distributable reserves | 133 | €187,570 | €192,593 | +€5,024 | +2.7% |
| Amounts payable | 17/49 | €6,640 | €2,313 | -€4,327 | -65.2% |
| Amounts payable after more than one year | 17 | €1,637 | €1,637 | = | 0.0% |
| Other amounts payable | 178/9 | €1,637 | €1,637 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,825 | €426 | -€4,398 | -91.2% |
| Trade debts | 44 | €1,108 | €309 | -€799 | -72.1% |
| Suppliers | 440/4 | €1,108 | €309 | -€799 | -72.1% |
| Taxes, remuneration and social security | 45 | €3,600 | - | -€3,600 | |
| Taxes | 450/3 | €3,600 | - | -€3,600 | |
| Other amounts payable | 47/48 | €117 | €117 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €179 | €250 | +€71 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,962 | €5,945 | +€1,983 | +50.1% |
| Other operating charges | 640/8 | €12,269 | €12,482 | +€213 | +1.7% |
| Gross operating margin | 9900 | €23,745 | €25,555 | +€1,810 | +7.6% |
| Operating profit (loss) | 9901 | €7,514 | €7,128 | -€386 | -5.1% |
| Financial income | 75/76B | €95 | - | -€95 | |
| Recurring financial income | 75 | €95 | - | -€95 | |
| Financial charges | 65/66B | €53 | €56 | +€3 | +5.7% |
| Recurring financial charges | 65 | €53 | €56 | +€3 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €7,557 | €7,072 | -€485 | -6.4% |
| Income taxes | 67/77 | €2,442 | €2,048 | -€394 | -16.1% |
| Profit (loss) for the period | 9904 | €5,114 | €5,024 | -€91 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,114 | €5,024 | -€91 | -1.8% |
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.