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.
MINT
Largest movements
- Tangible fixed assets +€348,009
up €348,009 (+5,235%), from €6,648 to €354,657
of which Land and buildings: +€339,346
- Receivables within one year +€122,684
up €122,684 (+3,906%), from €3,141 to €125,825
of which Trade receivables: +€125,825
- Stocks and contracts -€82,367
down €82,367 (-14.7%), from €562,000 to €479,633
- Cash +€71,487
up €71,487 (+2,431%), from €2,941 to €74,428
mainly Debts after one year (+€286,708) and Stocks and contracts (+€82,367)
- Current investments -€58,030
down €58,030 (-100.0%), from €58,033 to €4
- Debts after one year +€286,708
up €286,708 (+86.9%), from €329,756 to €616,464
- Other debts +€62,267
up €62,267 (+24.8%), from €251,066 to €313,333
- Reserves +€15,000
up €15,000 (+75.0%), from €20,000 to €35,000
- Tax, wage and social debts +€14,576
new in 2025: €14,576
- Current portion of long-term debt +€14,004
new in 2025: €14,004
- Gross operating margin +€68,901
up €68,901 (+5,532%), from €1,245 to €70,147
- Depreciation +€26,821
up €26,821 (+776%), from €3,458 to €30,279
- Financial charges +€13,702
up €13,702 (+169%), from €8,128 to €21,830
of which Financial charges: +€12,452
- Taxes +€1,562
new in 2025: €1,562
- Financial income +€1,141
up €1,141 (+690%), from €165 to €1,306
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 | €632,763 | €1,034,546 | +€401,783 | +63.5% |
| Fixed assets | 21/28 | €6,648 | €354,657 | +€348,009 | +5,235% |
| Tangible fixed assets | 22/27 | €6,648 | €354,657 | +€348,009 | +5,235% |
| Land and buildings | 22 | - | €339,346 | +€339,346 | |
| Plant, machinery and equipment | 23 | €508 | €11,948 | +€11,440 | +2,252% |
| Furniture and vehicles | 24 | €2,735 | €1,099 | -€1,636 | -59.8% |
| Other tangible fixed assets | 26 | €3,405 | €2,264 | -€1,141 | -33.5% |
| Current assets | 29/58 | €626,115 | €679,890 | +€53,775 | +8.6% |
| Stocks and contracts in progress | 3 | €562,000 | €479,633 | -€82,367 | -14.7% |
| Stocks | 30/36 | €562,000 | €479,633 | -€82,367 | -14.7% |
| Amounts receivable within one year | 40/41 | €3,141 | €125,825 | +€122,684 | +3,906% |
| Trade receivables | 40 | - | €125,825 | +€125,825 | |
| Other amounts receivable | 41 | €3,141 | - | -€3,141 | |
| Current investments | 50/53 | €58,033 | €4 | -€58,030 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,941 | €74,428 | +€71,487 | +2,431% |
| Total equity and liabilities | 10/49 | €632,763 | €1,034,546 | +€401,783 | +63.5% |
| Equity | 10/15 | €38,999 | €54,898 | +€15,899 | +40.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Distributable reserves | 133 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Profit (loss) carried forward | 14 | €399 | €1,298 | +€899 | +225% |
| Amounts payable | 17/49 | €593,764 | €979,649 | +€385,884 | +65.0% |
| Amounts payable after more than one year | 17 | €329,756 | €616,464 | +€286,708 | +86.9% |
| Financial debts | 170/4 | €329,756 | €616,464 | +€286,708 | +86.9% |
| Amounts payable within one year | 42/48 | €263,087 | €358,363 | +€95,276 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | - | €14,004 | +€14,004 | |
| Trade debts | 44 | €12,021 | €16,450 | +€4,429 | +36.8% |
| Suppliers | 440/4 | €12,021 | €16,450 | +€4,429 | +36.8% |
| Taxes, remuneration and social security | 45 | - | €14,576 | +€14,576 | |
| Taxes | 450/3 | - | €14,576 | +€14,576 | |
| Other amounts payable | 47/48 | €251,066 | €313,333 | +€62,267 | +24.8% |
| Accrued charges and deferred income | 492/3 | €921 | €4,822 | +€3,901 | +424% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,458 | €30,279 | +€26,821 | +776% |
| Other operating charges | 640/8 | €1,479 | €1,883 | +€403 | +27.3% |
| Gross operating margin | 9900 | €1,245 | €70,147 | +€68,901 | +5,532% |
| Operating profit (loss) | 9901 | -€3,692 | €37,985 | +€41,677 | |
| Financial income | 75/76B | €165 | €1,306 | +€1,141 | +690% |
| Recurring financial income | 75 | €165 | €1,306 | +€1,141 | +690% |
| Financial charges | 65/66B | €8,128 | €21,830 | +€13,702 | +169% |
| Recurring financial charges | 65 | €8,128 | €20,580 | +€12,452 | +153% |
| Non-recurring financial charges | 66B | - | €1,250 | +€1,250 | |
| Profit (loss) for the period before taxes | 9903 | -€11,655 | €17,461 | +€29,116 | |
| Income taxes | 67/77 | - | €1,562 | +€1,562 | |
| Profit (loss) for the period | 9904 | -€11,655 | €15,899 | +€27,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,655 | €15,899 | +€27,554 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.