MINO: 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.
MINO
Largest movements
- Cash -€53,743
down €53,743 (-44.9%), from €119,674 to €65,932
mainly Contributions, distributions and other (-€387,942) and Net result for the year (-€9,347)
- Tangible fixed assets -€18,513
down €18,513 (-3.4%), from €539,406 to €520,893
- Other debts +€316,400
up €316,400 (+38.0%), from €833,117 to €1.1m
- Contributions -€197,100
down €197,100 (-91.4%), from €215,700 to €18,600
- Reserves -€190,842
down €190,842 (-92.5%), from €206,235 to €15,393
- Gross operating margin -€11,090
down €11,090 (-48.0%), from €23,090 to €12,000
- Other operating charges +€977
up €977 (+57.5%), from €1,699 to €2,676
- Taxes -€909
no longer reported in 2025 (was €909)
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 | €1,255,961 | €1,183,705 | -€72,256 | -5.8% |
| Fixed assets | 21/28 | €540,906 | €522,393 | -€18,513 | -3.4% |
| Tangible fixed assets | 22/27 | €539,406 | €520,893 | -€18,513 | -3.4% |
| Land and buildings | 22 | €539,406 | €520,893 | -€18,513 | -3.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €715,055 | €661,312 | -€53,743 | -7.5% |
| Stocks and contracts in progress | 3 | €595,381 | €595,381 | = | 0.0% |
| Contracts in progress | 37 | €595,381 | €595,381 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €119,674 | €65,932 | -€53,743 | -44.9% |
| Total equity and liabilities | 10/49 | €1,255,961 | €1,183,705 | -€72,256 | -5.8% |
| Equity | 10/15 | €421,935 | €24,646 | -€397,289 | -94.2% |
| Contributions | 10/11 | €215,700 | €18,600 | -€197,100 | -91.4% |
| Reserves | 13 | €206,235 | €15,393 | -€190,842 | -92.5% |
| Distributable reserves | 133 | €206,235 | €15,393 | -€190,842 | -92.5% |
| Profit (loss) carried forward | 14 | - | -€9,347 | -€9,347 | |
| Amounts payable | 17/49 | €834,025 | €1,159,059 | +€325,034 | +39.0% |
| Amounts payable within one year | 42/48 | €834,025 | €1,159,059 | +€325,034 | +39.0% |
| Taxes, remuneration and social security | 45 | €909 | €9,542 | +€8,633 | +950.1% |
| Taxes | 450/3 | €909 | €9,542 | +€8,633 | +950.1% |
| Other amounts payable | 47/48 | €833,117 | €1,149,517 | +€316,400 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,513 | €18,513 | = | 0.0% |
| Other operating charges | 640/8 | €1,699 | €2,676 | +€977 | +57.5% |
| Gross operating margin | 9900 | €23,090 | €12,000 | -€11,090 | -48.0% |
| Operating profit (loss) | 9901 | €2,878 | -€9,189 | -€12,067 | |
| Financial charges | 65/66B | €153 | €158 | +€5 | +2.9% |
| Recurring financial charges | 65 | €153 | €158 | +€5 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €2,725 | -€9,347 | -€12,071 | |
| Income taxes | 67/77 | €909 | - | -€909 | |
| Profit (loss) for the period | 9904 | €1,816 | -€9,347 | -€11,163 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,816 | -€9,347 | -€11,163 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.