MINOS CONSULTING: 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.
MINOS CONSULTING
Largest movements
- Financial fixed assets +€108,000
up €108,000 (+216,000%), from €50 to €108,050
- Receivables after one year -€43,500
no longer reported in 2025 (was €43,500)
- Receivables within one year +€17,495
up €17,495 (+201%), from €8,683 to €26,179
of which Trade receivables: +€17,498
- Cash -€6,707
down €6,707 (-59.3%), from €11,317 to €4,610
mainly Investment in fixed assets (net) (-€110,154) and Contributions, distributions and other (-€29,042)
- Current investments +€6,000
up €6,000 (+33.1%), from €18,109 to €24,109
- Other debts +€68,167
new in 2025: €68,167
- Profit (loss) carried forward +€38,631
up €38,631 (+485%), from €7,967 to €46,598
- Reserves -€29,042
down €29,042 (-51.1%), from €56,800 to €27,758
- Tax, wage and social debts +€7,333
up €7,333 (+69.4%), from €10,558 to €17,891
of which Taxes: +€6,358
- Trade debts -€2,467
no longer reported in 2025 (was €2,467)
- Gross operating margin +€20,924
up €20,924 (+93.0%), from €22,503 to €43,427
- Taxes -€2,898
down €2,898 (-50.2%), from €5,771 to €2,873
- Other operating charges +€449
up €449 (+99.6%), from €451 to €900
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 | €82,792 | €165,414 | +€82,622 | +99.8% |
| Formation expenses | 20 | €297 | - | -€297 | |
| Fixed assets | 21/28 | €844 | €110,517 | +€109,673 | +13,001% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €793 | €2,466 | +€1,673 | +211% |
| Plant, machinery and equipment | 23 | - | €1,998 | +€1,998 | |
| Furniture and vehicles | 24 | €793 | €468 | -€325 | -41.0% |
| Financial fixed assets | 28 | €50 | €108,050 | +€108,000 | +216,000% |
| Current assets | 29/58 | €81,651 | €54,897 | -€26,754 | -32.8% |
| Amounts receivable after more than one year | 29 | €43,500 | - | -€43,500 | |
| Other amounts receivable | 291 | €43,500 | - | -€43,500 | |
| Amounts receivable within one year | 40/41 | €8,683 | €26,179 | +€17,495 | +201% |
| Trade receivables | 40 | €8,538 | €26,036 | +€17,498 | +205% |
| Other amounts receivable | 41 | €145 | €142 | -€3 | -2.1% |
| Current investments | 50/53 | €18,109 | €24,109 | +€6,000 | +33.1% |
| Cash at bank and in hand | 54/58 | €11,317 | €4,610 | -€6,707 | -59.3% |
| Deferred charges and accrued income | 490/1 | €42 | - | -€42 | |
| Total equity and liabilities | 10/49 | €82,792 | €165,414 | +€82,622 | +99.8% |
| Equity | 10/15 | €69,766 | €79,356 | +€9,589 | +13.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €56,800 | €27,758 | -€29,042 | -51.1% |
| Distributable reserves | 133 | €56,800 | €27,758 | -€29,042 | -51.1% |
| Profit (loss) carried forward | 14 | €7,967 | €46,598 | +€38,631 | +485% |
| Amounts payable | 17/49 | €13,025 | €86,058 | +€73,033 | +561% |
| Amounts payable within one year | 42/48 | €13,025 | €86,058 | +€73,033 | +561% |
| Trade debts | 44 | €2,467 | - | -€2,467 | |
| Suppliers | 440/4 | €2,467 | - | -€2,467 | |
| Taxes, remuneration and social security | 45 | €10,558 | €17,891 | +€7,333 | +69.4% |
| Taxes | 450/3 | €10,558 | €16,916 | +€6,358 | +60.2% |
| Remuneration and social security | 454/9 | - | €975 | +€975 | |
| Other amounts payable | 47/48 | - | €68,167 | +€68,167 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,042 | €777 | -€266 | -25.5% |
| Other operating charges | 640/8 | €451 | €900 | +€449 | +99.6% |
| Gross operating margin | 9900 | €22,503 | €43,427 | +€20,924 | +93.0% |
| Operating profit (loss) | 9901 | €21,009 | €41,750 | +€20,741 | +98.7% |
| Financial income | 75/76B | €42 | - | -€42 | |
| Recurring financial income | 75 | €42 | - | -€42 | |
| Financial charges | 65/66B | €136 | €245 | +€109 | +80.7% |
| Recurring financial charges | 65 | €136 | €245 | +€109 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | €20,916 | €41,505 | +€20,589 | +98.4% |
| Income taxes | 67/77 | €5,771 | €2,873 | -€2,898 | -50.2% |
| Profit (loss) for the period | 9904 | €15,145 | €38,631 | +€23,487 | +155% |
| Profit (loss) for the period to be appropriated | 9905 | €15,145 | €38,631 | +€23,487 | +155% |
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 16 October 2026 via checked.be.