MinP: 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.
MinP
Largest movements
- Current investments +€15,000
new in 2025: €15,000
- Cash +€11,212
up €11,212 (+67.5%), from €16,603 to €27,815
mainly Net result for the year (+€31,747) and Trade debts (+€2,709)
- Tangible fixed assets -€1,151
no longer reported in 2025 (was €1,151)
- Profit (loss) carried forward +€10,471
no longer reported in 2025 (was -€10,471)
- Reserves +€8,276
up €8,276 (+20.8%), from €39,773 to €48,049
- Trade debts +€2,709
up €2,709 (+78.0%), from €3,471 to €6,181
- Tax, wage and social debts +€2,588
up €2,588 (+87.6%), from €2,953 to €5,541
- Other debts +€1,100
up €1,100 (+9.8%), from €11,250 to €12,350
- Taxes +€9,111
up €9,111 (+171.5%), from €5,311 to €14,422
- Depreciation -€6,061
down €6,061 (-84.0%), from €7,212 to €1,151
- Gross operating margin +€5,315
up €5,315 (+12.3%), from €43,309 to €48,624
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 | €46,976 | €72,121 | +€25,144 | +53.5% |
| Fixed assets | 21/28 | €1,151 | - | -€1,151 | |
| Tangible fixed assets | 22/27 | €1,151 | - | -€1,151 | |
| Other tangible fixed assets | 26 | €1,151 | - | -€1,151 | |
| Current assets | 29/58 | €45,826 | €72,121 | +€26,295 | +57.4% |
| Stocks and contracts in progress | 3 | €6,080 | €6,080 | = | 0.0% |
| Stocks | 30/36 | €6,080 | €6,080 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,058 | €19,058 | = | 0.0% |
| Trade receivables | 40 | €19,058 | €19,058 | = | 0.0% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €16,603 | €27,815 | +€11,212 | +67.5% |
| Deferred charges and accrued income | 490/1 | €4,085 | €4,168 | +€83 | +2.0% |
| Total equity and liabilities | 10/49 | €46,976 | €72,121 | +€25,144 | +53.5% |
| Equity | 10/15 | €29,302 | €48,049 | +€18,747 | +64.0% |
| Reserves | 13 | €39,773 | €48,049 | +€8,276 | +20.8% |
| Distributable reserves | 133 | €39,773 | €48,049 | +€8,276 | +20.8% |
| Profit (loss) carried forward | 14 | -€10,471 | - | +€10,471 | |
| Amounts payable | 17/49 | €17,674 | €24,072 | +€6,397 | +36.2% |
| Amounts payable within one year | 42/48 | €17,674 | €24,072 | +€6,397 | +36.2% |
| Trade debts | 44 | €3,471 | €6,181 | +€2,709 | +78.0% |
| Suppliers | 440/4 | €3,471 | €6,181 | +€2,709 | +78.0% |
| Taxes, remuneration and social security | 45 | €2,953 | €5,541 | +€2,588 | +87.6% |
| Taxes | 450/3 | €2,953 | €5,541 | +€2,588 | +87.6% |
| Other amounts payable | 47/48 | €11,250 | €12,350 | +€1,100 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,212 | €1,151 | -€6,061 | -84.0% |
| Other operating charges | 640/8 | €1,355 | €1,259 | -€96 | -7.1% |
| Gross operating margin | 9900 | €43,309 | €48,624 | +€5,315 | +12.3% |
| Operating profit (loss) | 9901 | €34,743 | €46,214 | +€11,471 | +33.0% |
| Financial charges | 65/66B | €91 | €45 | -€46 | -50.5% |
| Recurring financial charges | 65 | €91 | €45 | -€46 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €34,652 | €46,169 | +€11,517 | +33.2% |
| Income taxes | 67/77 | €5,311 | €14,422 | +€9,111 | +171.5% |
| Profit (loss) for the period | 9904 | €29,341 | €31,747 | +€2,406 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,341 | €31,747 | +€2,406 | +8.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.