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MINT: 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.

What changed

MINT

BE 0433.762.224
NACE 74.201, Photography, excluding press photography
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€11,502
2024 · -€8,430-€3,071
Equity
€839
2024 · €12,340-€11,502
Cash
€5,786
2024 · €0+€5,786
Balance sheet total
€35,175
2024 · €26,754+€8,421

Largest movements

2024 to 2025
Assets
  • Cash +€5,786

    up €5,786, from €0 to €5,786

    mainly Other debts (+€29,567) and Depreciation (+€1,584)

  • Tangible fixed assets +€2,820

    up €2,820 (+86.0%), from €3,280 to €6,100

    of which Furniture and vehicles: +€3,117

  • Stocks and contracts -€897

    down €897 (-5.0%), from €17,935 to €17,038

  • Receivables within one year +€711

    up €711 (+13.2%), from €5,401 to €6,112

Equity and liabilities
  • Other debts +€29,567

    up €29,567 (+1416.0%), from €2,088 to €31,655

  • Profit (loss) carried forward -€11,502

    down €11,502 (-136.4%), from -€8,430 to -€19,932

  • Short-term financial debts -€9,579

    no longer reported in 2025 (was €9,579)

  • Current portion of long-term debt -€1,773

    no longer reported in 2025 (was €1,773)

  • Tax, wage and social debts +€1,347

    up €1,347 (+824.2%), from €163 to €1,510

Income statement
  • Gross operating margin -€3,144

    down €3,144 (-68.6%), from -€4,585 to -€7,729

  • Financial income +€583

    up €583 (+860.3%), from €68 to €651

  • Financial charges +€524

    up €524 (+48.3%), from €1,084 to €1,608

  • Taxes -€110

    down €110 (-51.8%), from €213 to €102

  • Depreciation +€100

    up €100 (+6.7%), from €1,484 to €1,584

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€8,430
Gross operating margin -€3,144
Depreciation -€100
Other operating charges +€3
Financial income +€583
Financial charges -€524
Taxes +€110
Result 2025 -€11,502

Cash bridge derived

cash 2024 to 2025

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.

From operations +€21,543
Investment -€4,404
Financing -€11,352
Cash 2024 €0
Net result for the year -€11,502
Depreciation +€1,584
Stocks and contracts +€897
Receivables within one year -€711
Trade debts +€361
Tax, wage and social debts +€1,347
Other debts +€29,567
Investment in fixed assets (net) -€4,404
Current portion of long-term debt -€1,773
Short-term financial debts -€9,579
Cash 2025 €5,786
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €26,754 €35,175 +€8,421 +31.5%
Fixed assets 21/28 €3,345 €6,164 +€2,820 +84.3%
Tangible fixed assets 22/27 €3,280 €6,100 +€2,820 +86.0%
Land and buildings 22 €0 €0 =
Plant, machinery and equipment 23 €1,171 €873 -€298 -25.4%
Furniture and vehicles 24 €2,110 €5,227 +€3,117 +147.8%
Financial fixed assets 28 €65 €65 = 0.0%
Current assets 29/58 €23,410 €29,011 +€5,601 +23.9%
Stocks and contracts in progress 3 €17,935 €17,038 -€897 -5.0%
Stocks 30/36 €17,935 €17,038 -€897 -5.0%
Amounts receivable within one year 40/41 €5,401 €6,112 +€711 +13.2%
Trade receivables 40 €5,401 €6,112 +€711 +13.2%
Current investments 50/53 €74 €74 = 0.0%
Cash at bank and in hand 54/58 €0 €5,786 +€5,786
Total equity and liabilities 10/49 €26,754 €35,175 +€8,421 +31.5%
Equity 10/15 €12,340 €839 -€11,502 -93.2%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €2,178 €2,178 = 0.0%
Distributable reserves 133 €2,178 €2,178 = 0.0%
Profit (loss) carried forward 14 -€8,430 -€19,932 -€11,502 -136.4%
Amounts payable 17/49 €14,414 €34,337 +€19,922 +138.2%
Amounts payable within one year 42/48 €14,414 €34,337 +€19,922 +138.2%
Current portion of amounts payable after more than one year 42 €1,773 - -€1,773
Financial debts 43 €9,579 - -€9,579
Credit institutions 430/8 €9,579 - -€9,579
Trade debts 44 €810 €1,171 +€361 +44.5%
Suppliers 440/4 €810 €1,171 +€361 +44.5%
Taxes, remuneration and social security 45 €163 €1,510 +€1,347 +824.2%
Taxes 450/3 €163 €1,510 +€1,347 +824.2%
Other amounts payable 47/48 €2,088 €31,655 +€29,567 +1416.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,484 €1,584 +€100 +6.7%
Other operating charges 640/8 €1,132 €1,129 -€3 -0.3%
Gross operating margin 9900 -€4,585 -€7,729 -€3,144 -68.6%
Operating profit (loss) 9901 -€7,201 -€10,442 -€3,241 -45.0%
Financial income 75/76B €68 €651 +€583 +860.3%
Recurring financial income 75 €68 €651 +€583 +860.3%
Financial charges 65/66B €1,084 €1,608 +€524 +48.3%
Recurring financial charges 65 €1,084 €1,608 +€524 +48.3%
Profit (loss) for the period before taxes 9903 -€8,217 -€11,399 -€3,182 -38.7%
Income taxes 67/77 €213 €102 -€110 -51.8%
Profit (loss) for the period 9904 -€8,430 -€11,502 -€3,071 -36.4%
Profit (loss) for the period to be appropriated 9905 -€8,430 -€11,502 -€3,071 -36.4%

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 9 October 2026 via checked.be.