Mintjens Group: 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.
Mintjens Group
Largest movements
- Financial fixed assets +€6.1m
up €6.1m (+6.6%), from €92.3m to €98.3m
- Receivables after one year -€1.3m
down €1.3m (-38.2%), from €3.4m to €2.1m
- Debts after one year +€5.1m
up €5.1m (+28.0%), from €18.4m to €23.5m
of which Financial debts: +€5.1m
- Financial charges +€195,442
up €195,442 (+101%), from €193,851 to €389,293
of which Financial charges: +€167,837
- Gross operating margin -€85,956
down €85,956 (-691%), from -€12,438 to -€98,394
- Financial income +€28,038
up €28,038 (+27.4%), from €102,397 to €130,435
- Staff costs +€9,997
new in 2025: €9,997
- Taxes -€4,294
down €4,294, from €2,127 to -€2,167
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 | €95,918,690 | €101,074,857 | +€5.2m | +5.4% |
| Fixed assets | 21/28 | €92,281,846 | €98,334,023 | +€6.1m | +6.6% |
| Financial fixed assets | 28 | €92,281,846 | €98,334,023 | +€6.1m | +6.6% |
| Current assets | 29/58 | €3,636,844 | €2,740,834 | -€896,010 | -24.6% |
| Amounts receivable after more than one year | 29 | €3,350,250 | €2,069,009 | -€1.3m | -38.2% |
| Other amounts receivable | 291 | €3,350,250 | €2,069,009 | -€1.3m | -38.2% |
| Amounts receivable within one year | 40/41 | €193,263 | €90,473 | -€102,791 | -53.2% |
| Trade receivables | 40 | - | €150 | +€150 | |
| Other amounts receivable | 41 | €193,263 | €90,323 | -€102,941 | -53.3% |
| Cash at bank and in hand | 54/58 | €91,709 | €579,783 | +€488,074 | +532% |
| Deferred charges and accrued income | 490/1 | €1,622 | €1,569 | -€53 | -3.2% |
| Total equity and liabilities | 10/49 | €95,918,690 | €101,074,857 | +€5.2m | +5.4% |
| Equity | 10/15 | €77,279,447 | €76,914,157 | -€365,290 | -0.5% |
| Contributions | 10/11 | €83,711,081 | €83,711,081 | = | 0.0% |
| Capital | 10 | €83,711,081 | €83,711,081 | = | 0.0% |
| Issued capital | 100 | €83,711,081 | €83,711,081 | = | 0.0% |
| Reserves | 13 | €113,832 | €113,832 | = | 0.0% |
| Non-distributable reserves | 130/1 | €113,832 | €113,832 | = | 0.0% |
| Legal reserve | 130 | €113,832 | €113,832 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,545,465 | -€6,910,756 | -€365,290 | -5.6% |
| Amounts payable | 17/49 | €18,639,243 | €24,160,701 | +€5.5m | +29.6% |
| Amounts payable after more than one year | 17 | €18,362,057 | €23,507,368 | +€5.1m | +28.0% |
| Financial debts | 170/4 | €18,352,057 | €23,497,368 | +€5.1m | +28.0% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,020 | €18,237 | +€15,217 | +504% |
| Trade debts | 44 | €3,020 | €18,237 | +€15,217 | +504% |
| Suppliers | 440/4 | €3,020 | €18,237 | +€15,217 | +504% |
| Accrued charges and deferred income | 492/3 | €274,166 | €635,095 | +€360,929 | +132% |
| Remuneration, social security and pensions | 62 | - | €9,997 | +€9,997 | |
| Other operating charges | 640/8 | €1,171 | €208 | -€963 | -82.3% |
| Gross operating margin | 9900 | -€12,438 | -€98,394 | -€85,956 | -691% |
| Operating profit (loss) | 9901 | -€13,609 | -€108,599 | -€94,990 | -698% |
| Financial income | 75/76B | €102,397 | €130,435 | +€28,038 | +27.4% |
| Recurring financial income | 75 | €102,397 | €130,435 | +€28,038 | +27.4% |
| Financial charges | 65/66B | €193,851 | €389,293 | +€195,442 | +101% |
| Recurring financial charges | 65 | €193,851 | €361,688 | +€167,837 | +86.6% |
| Non-recurring financial charges | 66B | - | €27,605 | +€27,605 | |
| Profit (loss) for the period before taxes | 9903 | -€105,063 | -€367,457 | -€262,394 | -250% |
| Income taxes | 67/77 | €2,127 | -€2,167 | -€4,294 | |
| Profit (loss) for the period | 9904 | -€107,190 | -€365,290 | -€258,100 | -241% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,190 | -€365,290 | -€258,100 | -241% |
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 14 October 2026 via checked.be.