Minkik: 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.
Minkik
Largest movements
- Cash -€57,522
down €57,522 (-92.4%), from €62,245 to €4,723
mainly Investment in fixed assets (net) (-€52,656) and Other debts (-€38,000)
- Tangible fixed assets +€48,088
up €48,088 (+3,049%), from €1,577 to €49,665
of which Other tangible fixed assets: +€47,775
- Receivables within one year +€18,425
up €18,425 (+75.8%), from €24,317 to €42,742
of which Trade receivables: +€17,783
- Deferred charges and accrued income -€1,415
down €1,415 (-27.6%), from €5,133 to €3,718
- Debts after one year +€42,524
new in 2025: €42,524
- Other debts -€38,000
no longer reported in 2025 (was €38,000)
- Profit (loss) carried forward -€6,057
down €6,057 (-15.3%), from €39,677 to €33,620
- Tax, wage and social debts +€5,141
up €5,141 (+16.7%), from €30,869 to €36,010
of which Remuneration and social security: +€6,525
- Current portion of long-term debt +€2,406
new in 2025: €2,406
- Gross operating margin -€6,216
down €6,216 (-9.5%), from €65,407 to €59,191
- Depreciation +€4,294
up €4,294 (+1,567%), from €274 to €4,568
- Staff costs +€3,386
up €3,386 (+6.4%), from €52,679 to €56,065
- Financial charges +€3,244
up €3,244 (+564%), from €575 to €3,819
- Taxes -€3,089
down €3,089 (-95.9%), from €3,221 to €132
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 | €112,672 | €120,248 | +€7,576 | +6.7% |
| Fixed assets | 21/28 | €1,577 | €49,665 | +€48,088 | +3,049% |
| Tangible fixed assets | 22/27 | €1,577 | €49,665 | +€48,088 | +3,049% |
| Furniture and vehicles | 24 | €798 | €1,111 | +€313 | +39.2% |
| Other tangible fixed assets | 26 | €779 | €48,554 | +€47,775 | +6,133% |
| Current assets | 29/58 | €111,095 | €70,583 | -€40,512 | -36.5% |
| Amounts receivable after more than one year | 29 | €19,400 | €19,400 | = | 0.0% |
| Other amounts receivable | 291 | €19,400 | €19,400 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,317 | €42,742 | +€18,425 | +75.8% |
| Trade receivables | 40 | €17,896 | €35,679 | +€17,783 | +99.4% |
| Other amounts receivable | 41 | €6,421 | €7,063 | +€642 | +10.0% |
| Cash at bank and in hand | 54/58 | €62,245 | €4,723 | -€57,522 | -92.4% |
| Deferred charges and accrued income | 490/1 | €5,133 | €3,718 | -€1,415 | -27.6% |
| Total equity and liabilities | 10/49 | €112,672 | €120,248 | +€7,576 | +6.7% |
| Equity | 10/15 | €39,678 | €33,621 | -€6,057 | -15.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,677 | €33,620 | -€6,057 | -15.3% |
| Amounts payable | 17/49 | €72,994 | €86,627 | +€13,633 | +18.7% |
| Amounts payable after more than one year | 17 | - | €42,524 | +€42,524 | |
| Financial debts | 170/4 | - | €42,524 | +€42,524 | |
| Amounts payable within one year | 42/48 | €72,994 | €44,103 | -€28,891 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | - | €2,406 | +€2,406 | |
| Trade debts | 44 | €4,125 | €5,687 | +€1,562 | +37.9% |
| Suppliers | 440/4 | €4,125 | €5,687 | +€1,562 | +37.9% |
| Taxes, remuneration and social security | 45 | €30,869 | €36,010 | +€5,141 | +16.7% |
| Taxes | 450/3 | €18,556 | €17,172 | -€1,384 | -7.5% |
| Remuneration and social security | 454/9 | €12,313 | €18,838 | +€6,525 | +53.0% |
| Other amounts payable | 47/48 | €38,000 | - | -€38,000 | |
| Non-recurring operating income | 76A | - | €1,373 | +€1,373 | |
| Remuneration, social security and pensions | 62 | €52,679 | €56,065 | +€3,386 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €274 | €4,568 | +€4,294 | +1,567% |
| Other operating charges | 640/8 | €1,711 | €1,030 | -€681 | -39.8% |
| Gross operating margin | 9900 | €65,407 | €59,191 | -€6,216 | -9.5% |
| Operating profit (loss) | 9901 | €10,743 | -€2,472 | -€13,215 | |
| Financial income | 75/76B | €335 | €366 | +€31 | +9.3% |
| Recurring financial income | 75 | €335 | €366 | +€31 | +9.3% |
| Financial charges | 65/66B | €575 | €3,819 | +€3,244 | +564% |
| Recurring financial charges | 65 | €575 | €3,819 | +€3,244 | +564% |
| Profit (loss) for the period before taxes | 9903 | €10,503 | -€5,925 | -€16,428 | |
| Income taxes | 67/77 | €3,221 | €132 | -€3,089 | -95.9% |
| Profit (loss) for the period | 9904 | €7,282 | -€6,057 | -€13,339 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,282 | -€6,057 | -€13,339 |
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 19 October 2026 via checked.be.