MINTECH: 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.
MINTECH
Largest movements
- Receivables within one year +€301,700
up €301,700 (+344.9%), from €87,465 to €389,166
of which Trade receivables: +€300,812
- Cash +€4,936
up €4,936 (+21.5%), from €23,006 to €27,942
mainly Trade debts (+€289,839) and Net result for the year (+€19,606)
- Trade debts +€289,839
up €289,839 (+308.9%), from €93,835 to €383,674
of which Suppliers: +€343,843
- Profit (loss) carried forward +€14,936
up €14,936 (+167.4%), from €8,920 to €23,857
- Turnover +€464,192
up €464,192 (+175.3%), from €264,809 to €729,001
- Purchases and services +€457,387
up €457,387 (+181.5%), from €252,008 to €709,395
- Gross operating margin +€11,455
up €11,455 (+89.4%), from €12,820 to €24,275
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 | €110,471 | €417,107 | +€306,636 | +277.6% |
| Current assets | 29/58 | €110,471 | €417,107 | +€306,636 | +277.6% |
| Amounts receivable within one year | 40/41 | €87,465 | €389,166 | +€301,700 | +344.9% |
| Trade receivables | 40 | €86,948 | €387,760 | +€300,812 | +346.0% |
| Other amounts receivable | 41 | €517 | €1,406 | +€888 | +171.7% |
| Cash at bank and in hand | 54/58 | €23,006 | €27,942 | +€4,936 | +21.5% |
| Total equity and liabilities | 10/49 | €110,471 | €417,107 | +€306,636 | +277.6% |
| Equity | 10/15 | €9,420 | €24,357 | +€14,936 | +158.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,920 | €23,857 | +€14,936 | +167.4% |
| Amounts payable | 17/49 | €101,051 | €392,750 | +€291,700 | +288.7% |
| Amounts payable within one year | 42/48 | €101,051 | €392,750 | +€291,700 | +288.7% |
| Trade debts | 44 | €93,835 | €383,674 | +€289,839 | +308.9% |
| Suppliers | 440/4 | €39,831 | €383,674 | +€343,843 | +863.3% |
| Bills of exchange payable | 441 | €54,004 | - | -€54,004 | |
| Taxes, remuneration and social security | 45 | €3,380 | €7,475 | +€4,095 | +121.2% |
| Taxes | 450/3 | €3,380 | €7,475 | +€4,095 | +121.2% |
| Other amounts payable | 47/48 | €3,836 | €1,602 | -€2,234 | -58.2% |
| Turnover | 70 | €264,809 | €729,001 | +€464,192 | +175.3% |
| Non-recurring operating income | 76A | €18 | - | -€18 | |
| Goods, raw materials, services and sundry goods | 60/61 | €252,008 | €709,395 | +€457,387 | +181.5% |
| Other operating charges | 640/8 | €500 | €438 | -€62 | -12.5% |
| Gross operating margin | 9900 | €12,820 | €24,275 | +€11,455 | +89.4% |
| Operating profit (loss) | 9901 | €12,320 | €23,837 | +€11,517 | +93.5% |
| Financial charges | 65/66B | €20 | €137 | +€117 | +582.6% |
| Recurring financial charges | 65 | €20 | €137 | +€117 | +582.6% |
| Profit (loss) for the period before taxes | 9903 | €12,300 | €23,701 | +€11,401 | +92.7% |
| Income taxes | 67/77 | €3,380 | €4,095 | +€715 | +21.2% |
| Profit (loss) for the period | 9904 | €8,920 | €19,606 | +€10,685 | +119.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,920 | €19,606 | +€10,685 | +119.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.