MINNEBO TERRAE: 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.
MINNEBO TERRAE
Largest movements
- Receivables within one year -€2,416
down €2,416 (-1.5%), from €165,582 to €163,166
- Reserves -€2,164
down €2,164 (-17.4%), from €12,465 to €10,301
- Financial income -€8,512
down €8,512 (-99.0%), from €8,596 to €84
- Taxes -€1,829
no longer reported in 2025 (was €1,829)
- Gross operating margin -€187
down €187 (-14.1%), from -€1,332 to -€1,519
- Other operating charges +€133
up €133 (+214%), from €62 to €195
- Financial charges +€45
up €45 (+9.1%), from €490 to €534
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 | €166,050 | €164,316 | -€1,734 | -1.0% |
| Current assets | 29/58 | €166,050 | €164,316 | -€1,734 | -1.0% |
| Amounts receivable within one year | 40/41 | €165,582 | €163,166 | -€2,416 | -1.5% |
| Other amounts receivable | 41 | €165,582 | €163,166 | -€2,416 | -1.5% |
| Cash at bank and in hand | 54/58 | €469 | €1,150 | +€682 | +146% |
| Total equity and liabilities | 10/49 | €166,050 | €164,316 | -€1,734 | -1.0% |
| Equity | 10/15 | €14,465 | €12,301 | -€2,164 | -15.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,465 | €10,301 | -€2,164 | -17.4% |
| Distributable reserves | 133 | €12,465 | €10,301 | -€2,164 | -17.4% |
| Amounts payable | 17/49 | €151,585 | €152,015 | +€430 | +0.3% |
| Amounts payable within one year | 42/48 | €151,585 | €151,948 | +€363 | +0.2% |
| Trade debts | 44 | €149,589 | €149,952 | +€363 | +0.2% |
| Suppliers | 440/4 | €149,589 | €149,952 | +€363 | +0.2% |
| Taxes, remuneration and social security | 45 | €1,829 | €1,829 | = | 0.0% |
| Taxes | 450/3 | €1,829 | €1,829 | = | 0.0% |
| Other amounts payable | 47/48 | €167 | €167 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Other operating charges | 640/8 | €62 | €195 | +€133 | +214% |
| Gross operating margin | 9900 | -€1,332 | -€1,519 | -€187 | -14.1% |
| Operating profit (loss) | 9901 | -€1,394 | -€1,714 | -€320 | -22.9% |
| Financial income | 75/76B | €8,596 | €84 | -€8,512 | -99.0% |
| Recurring financial income | 75 | €8,596 | €84 | -€8,512 | -99.0% |
| Financial charges | 65/66B | €490 | €534 | +€45 | +9.1% |
| Recurring financial charges | 65 | €490 | €534 | +€45 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €6,713 | -€2,164 | -€8,877 | |
| Income taxes | 67/77 | €1,829 | - | -€1,829 | |
| Profit (loss) for the period | 9904 | €4,884 | -€2,164 | -€7,048 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,884 | -€2,164 | -€7,048 |
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 30 October 2026 via checked.be.