Mint Condition: what changed
Two fiscal 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 Condition
Largest movements
- Receivables within one year -€5,885
down €5,885 (-7.4%), from €79,885 to €74,000
of which Trade receivables: -€14,885
- Cash +€2,133
up €2,133 (+71.7%), from €2,975 to €5,107
mainly Receivables within one year (+€5,885) and Net result for the year (+€1,280)
- Deferred charges and accrued income -€1,100
no longer reported in 2024 (was €1,100)
- Tangible fixed assets -€978
down €978 (-31.5%), from €3,104 to €2,125
- Other debts -€3,490
down €3,490 (-14.3%), from €24,431 to €20,941
- Debts after one year -€3,304
down €3,304 (-63.2%), from €5,227 to €1,923
- Reserves +€1,280
up €1,280 (+3.2%), from €39,414 to €40,694
- Financial charges -€1,169
down €1,169 (-69.3%), from €1,687 to €518
- Gross operating margin -€1,006
down €1,006 (-19.5%), from €5,156 to €4,150
- Taxes -€321
down €321 (-28.0%), from €1,149 to €827
- Depreciation +€187
up €187 (+23.6%), from €791 to €978
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,063 | €81,232 | -€5,831 | -6.7% |
| Fixed assets | 21/28 | €3,104 | €2,125 | -€978 | -31.5% |
| Tangible fixed assets | 22/27 | €3,104 | €2,125 | -€978 | -31.5% |
| Plant, machinery and equipment | 23 | €3,104 | €2,125 | -€978 | -31.5% |
| Current assets | 29/58 | €83,959 | €79,107 | -€4,852 | -5.8% |
| Amounts receivable within one year | 40/41 | €79,885 | €74,000 | -€5,885 | -7.4% |
| Trade receivables | 40 | €79,885 | €65,000 | -€14,885 | -18.6% |
| Other amounts receivable | 41 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €2,975 | €5,107 | +€2,133 | +71.7% |
| Deferred charges and accrued income | 490/1 | €1,100 | - | -€1,100 | |
| Total equity and liabilities | 10/49 | €87,063 | €81,232 | -€5,831 | -6.7% |
| Equity | 10/15 | €51,814 | €53,094 | +€1,280 | +2.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €39,414 | €40,694 | +€1,280 | +3.2% |
| Distributable reserves | 133 | €39,414 | €40,694 | +€1,280 | +3.2% |
| Amounts payable | 17/49 | €35,249 | €28,139 | -€7,111 | -20.2% |
| Amounts payable after more than one year | 17 | €5,227 | €1,923 | -€3,304 | -63.2% |
| Financial debts | 170/4 | €5,227 | €1,923 | -€3,304 | -63.2% |
| Amounts payable within one year | 42/48 | €30,023 | €26,216 | -€3,807 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €3,293 | €3,304 | +€11 | +0.3% |
| Trade debts | 44 | €605 | - | -€605 | |
| Suppliers | 440/4 | €605 | - | -€605 | |
| Taxes, remuneration and social security | 45 | €1,695 | €1,971 | +€276 | +16.3% |
| Taxes | 450/3 | €1,144 | €1,971 | +€827 | +72.3% |
| Remuneration and social security | 454/9 | €551 | - | -€551 | |
| Other amounts payable | 47/48 | €24,431 | €20,941 | -€3,490 | -14.3% |
| Non-recurring operating income | 76A | €144 | - | -€144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €791 | €978 | +€187 | +23.6% |
| Other operating charges | 640/8 | €522 | €546 | +€24 | +4.6% |
| Gross operating margin | 9900 | €5,156 | €4,150 | -€1,006 | -19.5% |
| Operating profit (loss) | 9901 | €3,842 | €2,625 | -€1,217 | -31.7% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €1,687 | €518 | -€1,169 | -69.3% |
| Recurring financial charges | 65 | €1,687 | €518 | -€1,169 | -69.3% |
| Profit (loss) for the period before taxes | 9903 | €2,165 | €2,108 | -€57 | -2.6% |
| Income taxes | 67/77 | €1,149 | €827 | -€321 | -28.0% |
| Profit (loss) for the period | 9904 | €1,016 | €1,280 | +€264 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,016 | €1,280 | +€264 | +26.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.