Minos Maaseik: 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 Maaseik
Largest movements
- Cash -€40,395
down €40,395 (-87.8%), from €46,018 to €5,623
mainly Other debts (-€29,234) and Investment in fixed assets (net) (-€17,323)
- Tangible fixed assets +€17,010
up €17,010 (+2,514%), from €677 to €17,686
of which Plant, machinery and equipment: +€17,686
- Current investments -€10,000
down €10,000 (-100%), from €10,000 to €0
- Deferred charges and accrued income +€6,374
up €6,374 (+319%), from €2,000 to €8,374
- Receivables within one year +€4,171
up €4,171 (+1,283%), from €325 to €4,496
of which Other amounts receivable: +€4,171
- Other debts -€29,234
down €29,234 (-100%), from €29,234 to €0
- Advances received +€5,800
new in 2025: €5,800
- Tax, wage and social debts -€4,607
down €4,607 (-36.0%), from €12,797 to €8,190
of which Taxes: -€9,607
- Trade debts +€4,170
up €4,170, from €0 to €4,170
- Accrued charges and deferred income +€1,967
new in 2025: €1,967
- Gross operating margin +€9,150
up €9,150, from -€6,752 to €2,398
- Depreciation -€1,536
down €1,536 (-83.0%), from €1,850 to €314
- Other operating charges +€1,162
up €1,162 (+357%), from €325 to €1,487
- Financial income -€568
down €568 (-86.0%), from €660 to €92
- Financial charges +€156
up €156 (+171%), from €91 to €247
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 | €59,020 | €37,558 | -€21,462 | -36.4% |
| Fixed assets | 21/28 | €677 | €17,686 | +€17,010 | +2,514% |
| Tangible fixed assets | 22/27 | €677 | €17,686 | +€17,010 | +2,514% |
| Plant, machinery and equipment | 23 | - | €17,686 | +€17,686 | |
| Furniture and vehicles | 24 | €677 | €0 | -€677 | -100% |
| Current assets | 29/58 | €58,343 | €19,872 | -€38,471 | -65.9% |
| Stocks and contracts in progress | 3 | - | €1,378 | +€1,378 | |
| Stocks | 30/36 | - | €1,378 | +€1,378 | |
| Amounts receivable within one year | 40/41 | €325 | €4,496 | +€4,171 | +1,283% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €325 | €4,496 | +€4,171 | +1,283% |
| Current investments | 50/53 | €10,000 | €0 | -€10,000 | -100% |
| Cash at bank and in hand | 54/58 | €46,018 | €5,623 | -€40,395 | -87.8% |
| Deferred charges and accrued income | 490/1 | €2,000 | €8,374 | +€6,374 | +319% |
| Total equity and liabilities | 10/49 | €59,020 | €37,558 | -€21,462 | -36.4% |
| Equity | 10/15 | €16,988 | €17,431 | +€442 | +2.6% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €2,988 | €3,431 | +€442 | +14.8% |
| Distributable reserves | 133 | €2,988 | €3,431 | +€442 | +14.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,031 | €20,127 | -€21,904 | -52.1% |
| Amounts payable within one year | 42/48 | €42,031 | €18,161 | -€23,871 | -56.8% |
| Trade debts | 44 | €0 | €4,170 | +€4,170 | |
| Suppliers | 440/4 | €0 | €4,170 | +€4,170 | |
| Advances received on contracts in progress | 46 | - | €5,800 | +€5,800 | |
| Taxes, remuneration and social security | 45 | €12,797 | €8,190 | -€4,607 | -36.0% |
| Taxes | 450/3 | €12,797 | €3,190 | -€9,607 | -75.1% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €29,234 | €0 | -€29,234 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,967 | +€1,967 | |
| Non-recurring operating income | 76A | - | €323 | +€323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,850 | €314 | -€1,536 | -83.0% |
| Other operating charges | 640/8 | €325 | €1,487 | +€1,162 | +357% |
| Gross operating margin | 9900 | -€6,752 | €2,398 | +€9,150 | |
| Operating profit (loss) | 9901 | -€8,927 | €597 | +€9,524 | |
| Financial income | 75/76B | €660 | €92 | -€568 | -86.0% |
| Recurring financial income | 75 | €660 | €92 | -€568 | -86.0% |
| Financial charges | 65/66B | €91 | €247 | +€156 | +171% |
| Recurring financial charges | 65 | €91 | €247 | +€156 | +171% |
| Profit (loss) for the period before taxes | 9903 | -€8,359 | €442 | +€8,801 | |
| Profit (loss) for the period | 9904 | -€8,359 | €442 | +€8,801 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,359 | €442 | +€8,801 |
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 27 October 2026 via checked.be.