MINOLEON: 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.
MINOLEON
Largest movements
- Cash -€27,615
down €27,615 (-58.0%), from €47,632 to €20,017
mainly Contributions, distributions and other (-€41,000) and Current portion of long-term debt (-€5,952)
- Tangible fixed assets -€5,572
down €5,572 (-30.8%), from €18,106 to €12,534
- Receivables within one year +€1,243
up €1,243 (+9.4%), from €13,204 to €14,447
of which Trade receivables: +€1,243
- Reserves -€25,007
down €25,007 (-50.7%), from €49,289 to €24,283
- Current portion of long-term debt -€5,952
down €5,952 (-74.1%), from €8,031 to €2,079
- Debts after one year -€2,079
down €2,079 (-100.0%), from €2,079 to €0
- Tax, wage and social debts +€851
up €851 (+9.9%), from €8,550 to €9,401
- Trade debts +€823
up €823 (+48.4%), from €1,699 to €2,522
- Gross operating margin -€1,030
down €1,030 (-3.5%), from €29,645 to €28,615
- Taxes +€874
up €874 (+18.1%), from €4,838 to €5,711
- Financial charges -€412
down €412 (-43.0%), from €957 to €545
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 | €79,517 | €47,599 | -€31,918 | -40.1% |
| Fixed assets | 21/28 | €18,106 | €12,534 | -€5,572 | -30.8% |
| Tangible fixed assets | 22/27 | €18,106 | €12,534 | -€5,572 | -30.8% |
| Furniture and vehicles | 24 | €18,106 | €12,534 | -€5,572 | -30.8% |
| Current assets | 29/58 | €61,411 | €35,065 | -€26,346 | -42.9% |
| Amounts receivable within one year | 40/41 | €13,204 | €14,447 | +€1,243 | +9.4% |
| Trade receivables | 40 | €12,042 | €13,285 | +€1,243 | +10.3% |
| Other amounts receivable | 41 | €1,162 | €1,162 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €47,632 | €20,017 | -€27,615 | -58.0% |
| Deferred charges and accrued income | 490/1 | €575 | €601 | +€26 | +4.4% |
| Total equity and liabilities | 10/49 | €79,517 | €47,599 | -€31,918 | -40.1% |
| Equity | 10/15 | €54,289 | €29,283 | -€25,007 | -46.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €49,289 | €24,283 | -€25,007 | -50.7% |
| Distributable reserves | 133 | €49,289 | €24,283 | -€25,007 | -50.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,227 | €18,316 | -€6,911 | -27.4% |
| Amounts payable after more than one year | 17 | €2,079 | €0 | -€2,079 | -100.0% |
| Financial debts | 170/4 | €2,079 | €0 | -€2,079 | -100.0% |
| Amounts payable within one year | 42/48 | €23,148 | €18,316 | -€4,832 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €8,031 | €2,079 | -€5,952 | -74.1% |
| Trade debts | 44 | €1,699 | €2,522 | +€823 | +48.4% |
| Suppliers | 440/4 | €1,699 | €2,522 | +€823 | +48.4% |
| Taxes, remuneration and social security | 45 | €8,550 | €9,401 | +€851 | +9.9% |
| Taxes | 450/3 | €8,550 | €9,401 | +€851 | +9.9% |
| Other amounts payable | 47/48 | €4,868 | €4,314 | -€553 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,419 | €5,572 | +€154 | +2.8% |
| Other operating charges | 640/8 | €959 | €794 | -€165 | -17.3% |
| Non-recurring operating charges | 66A | €5,313 | €0 | -€5,313 | -100.0% |
| Gross operating margin | 9900 | €29,645 | €28,615 | -€1,030 | -3.5% |
| Operating profit (loss) | 9901 | €17,955 | €22,249 | +€4,295 | +23.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €957 | €545 | -€412 | -43.0% |
| Recurring financial charges | 65 | €957 | €545 | -€412 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €16,999 | €21,705 | +€4,706 | +27.7% |
| Income taxes | 67/77 | €4,838 | €5,711 | +€874 | +18.1% |
| Profit (loss) for the period | 9904 | €12,161 | €15,993 | +€3,832 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,161 | €15,993 | +€3,832 | +31.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.