MINIPUCES: 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.
MINIPUCES
Largest movements
- Receivables within one year -€11,028
down €11,028 (-35.8%), from €30,845 to €19,818
- Cash +€5,078
up €5,078 (+86.4%), from €5,875 to €10,953
mainly Receivables within one year (+€11,028) and Depreciation (+€6,388)
- Reserves -€5,367
down €5,367 (-2.1%), from €259,495 to €254,128
of which Distributable reserves: -€5,367
- Financial income -€283
down €283 (-19.6%), from €1,443 to €1,160
- Gross operating margin +€236
up €236 (+11.3%), from €2,095 to €2,331
- Depreciation +€114
up €114 (+1.8%), from €6,274 to €6,388
- Other operating charges +€69
up €69 (+3.1%), from €2,191 to €2,260
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.
Derived cash bridge
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 | €271,956 | €266,595 | -€5,361 | -2.0% |
| Fixed assets | 21/28 | €235,129 | €235,312 | +€184 | +0.1% |
| Tangible fixed assets | 22/27 | €235,129 | €235,312 | +€184 | +0.1% |
| Land and buildings | 22 | €235,129 | €235,312 | +€184 | +0.1% |
| Current assets | 29/58 | €36,827 | €31,283 | -€5,545 | -15.1% |
| Amounts receivable within one year | 40/41 | €30,845 | €19,818 | -€11,028 | -35.8% |
| Other amounts receivable | 41 | €30,845 | €19,818 | -€11,028 | -35.8% |
| Cash at bank and in hand | 54/58 | €5,875 | €10,953 | +€5,078 | +86.4% |
| Deferred charges and accrued income | 490/1 | €106 | €511 | +€405 | +380% |
| Total equity and liabilities | 10/49 | €271,956 | €266,595 | -€5,361 | -2.0% |
| Equity | 10/15 | €271,895 | €266,528 | -€5,367 | -2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €259,495 | €254,128 | -€5,367 | -2.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €257,636 | €252,269 | -€5,367 | -2.1% |
| Amounts payable | 17/49 | €60 | €67 | +€6 | +10.3% |
| Amounts payable within one year | 42/48 | - | €67 | +€67 | |
| Trade debts | 44 | - | €67 | +€67 | |
| Suppliers | 440/4 | - | €67 | +€67 | |
| Accrued charges and deferred income | 492/3 | €60 | - | -€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,274 | €6,388 | +€114 | +1.8% |
| Other operating charges | 640/8 | €2,191 | €2,260 | +€69 | +3.1% |
| Gross operating margin | 9900 | €2,095 | €2,331 | +€236 | +11.3% |
| Operating profit (loss) | 9901 | -€6,371 | -€6,317 | +€53 | +0.8% |
| Financial income | 75/76B | €1,443 | €1,160 | -€283 | -19.6% |
| Recurring financial income | 75 | €1,443 | €1,160 | -€283 | -19.6% |
| Financial charges | 65/66B | €201 | €209 | +€8 | +4.1% |
| Recurring financial charges | 65 | €201 | €209 | +€8 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,129 | -€5,367 | -€238 | -4.6% |
| Profit (loss) for the period | 9904 | -€5,129 | -€5,367 | -€238 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,129 | -€5,367 | -€238 | -4.6% |
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 1 November 2026 via checked.be.