MINNE & C°: 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.
MINNE & C°
Largest movements
- Receivables within one year +€30,099
up €30,099 (+430%), from €7,004 to €37,103
- Tangible fixed assets -€8,051
down €8,051 (-10.1%), from €80,075 to €72,024
of which Land and buildings: -€7,673
- Profit (loss) carried forward +€17,652
up €17,652 (+30.7%), from €57,557 to €75,209
- Tax, wage and social debts +€7,483
up €7,483, from €0 to €7,483
- Gross operating margin +€15,109
up €15,109 (+74.2%), from €20,374 to €35,483
- Depreciation +€7,652
up €7,652 (+1,915%), from €400 to €8,051
- Taxes +€3,087
up €3,087 (+70.2%), from €4,396 to €7,483
- Other operating charges -€2,192
down €2,192 (-21.6%), from €10,143 to €7,951
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 | €372,760 | €396,060 | +€23,300 | +6.3% |
| Fixed assets | 21/28 | €80,075 | €72,024 | -€8,051 | -10.1% |
| Tangible fixed assets | 22/27 | €80,075 | €72,024 | -€8,051 | -10.1% |
| Land and buildings | 22 | €79,223 | €71,550 | -€7,673 | -9.7% |
| Furniture and vehicles | 24 | €852 | €473 | -€379 | -44.4% |
| Current assets | 29/58 | €292,685 | €324,036 | +€31,351 | +10.7% |
| Amounts receivable after more than one year | 29 | €275,000 | €275,000 | = | 0.0% |
| Other amounts receivable | 291 | €275,000 | €275,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,004 | €37,103 | +€30,099 | +430% |
| Other amounts receivable | 41 | €7,004 | €37,103 | +€30,099 | +430% |
| Cash at bank and in hand | 54/58 | €6,798 | €9,443 | +€2,645 | +38.9% |
| Deferred charges and accrued income | 490/1 | €3,883 | €2,491 | -€1,392 | -35.9% |
| Total equity and liabilities | 10/49 | €372,760 | €396,060 | +€23,300 | +6.3% |
| Equity | 10/15 | €318,599 | €336,250 | +€17,652 | +5.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €242,449 | €242,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €17,203 | €17,203 | = | 0.0% |
| Distributable reserves | 133 | €225,246 | €225,246 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,557 | €75,209 | +€17,652 | +30.7% |
| Amounts payable | 17/49 | €54,161 | €59,809 | +€5,648 | +10.4% |
| Amounts payable within one year | 42/48 | €54,161 | €59,809 | +€5,648 | +10.4% |
| Trade debts | 44 | €4,456 | €2,425 | -€2,031 | -45.6% |
| Suppliers | 440/4 | €4,456 | €2,425 | -€2,031 | -45.6% |
| Taxes, remuneration and social security | 45 | €0 | €7,483 | +€7,483 | |
| Taxes | 450/3 | €0 | €7,483 | +€7,483 | |
| Other amounts payable | 47/48 | €49,705 | €49,902 | +€197 | +0.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €8,051 | +€7,652 | +1,915% |
| Other operating charges | 640/8 | €10,143 | €7,951 | -€2,192 | -21.6% |
| Gross operating margin | 9900 | €20,374 | €35,483 | +€15,109 | +74.2% |
| Operating profit (loss) | 9901 | €9,831 | €19,481 | +€9,650 | +98.2% |
| Financial income | 75/76B | €5,699 | €5,700 | +€1 | 0.0% |
| Recurring financial income | 75 | €5,699 | €5,700 | +€1 | 0.0% |
| Financial charges | 65/66B | €38 | €47 | +€8 | +20.8% |
| Recurring financial charges | 65 | €38 | €47 | +€8 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €15,492 | €25,134 | +€9,643 | +62.2% |
| Income taxes | 67/77 | €4,396 | €7,483 | +€3,087 | +70.2% |
| Profit (loss) for the period | 9904 | €11,096 | €17,652 | +€6,556 | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,096 | €17,652 | +€6,556 | +59.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.