Mintjens Projects: 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 Projects
Largest movements
- Receivables within one year +€91,214
up €91,214 (+2,196%), from €4,154 to €95,368
of which Trade receivables: +€90,244
- Tangible fixed assets -€31,820
down €31,820 (-25.1%), from €126,616 to €94,797
of which Furniture and vehicles: -€27,957
- Cash +€7,426
up €7,426 (+43.2%), from €17,170 to €24,596
mainly Advances received (+€58,173) and Debts after one year (+€39,777)
- Advances received +€58,173
new in 2025: €58,173
- Debts after one year +€39,777
up €39,777 (+10.6%), from €374,690 to €414,467
- Profit (loss) carried forward -€16,666
down €16,666 (-12.6%), from -€132,379 to -€149,045
- Tax, wage and social debts -€7,554
down €7,554 (-94.4%), from €8,005 to €451
of which Remuneration and social security: -€7,758
- Trade debts -€6,906
no longer reported in 2025 (was €6,906)
- Gross operating margin +€46,792
up €46,792, from -€29,708 to €17,084
- Depreciation +€8,521
up €8,521 (+36.6%), from €23,299 to €31,820
- Other operating charges +€1,370
up €1,370 (+459%), from €298 to €1,668
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 | €529,625 | €596,450 | +€66,825 | +12.6% |
| Fixed assets | 21/28 | €126,616 | €94,797 | -€31,820 | -25.1% |
| Tangible fixed assets | 22/27 | €126,616 | €94,797 | -€31,820 | -25.1% |
| Plant, machinery and equipment | 23 | €3,863 | - | -€3,863 | |
| Furniture and vehicles | 24 | €122,753 | €94,797 | -€27,957 | -22.8% |
| Current assets | 29/58 | €403,009 | €501,653 | +€98,645 | +24.5% |
| Stocks and contracts in progress | 3 | €381,560 | €381,560 | = | 0.0% |
| Stocks | 30/36 | €381,560 | €381,560 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,154 | €95,368 | +€91,214 | +2,196% |
| Trade receivables | 40 | €2,692 | €92,936 | +€90,244 | +3,352% |
| Other amounts receivable | 41 | €1,462 | €2,432 | +€969 | +66.3% |
| Cash at bank and in hand | 54/58 | €17,170 | €24,596 | +€7,426 | +43.2% |
| Deferred charges and accrued income | 490/1 | €124 | €129 | +€5 | +4.3% |
| Total equity and liabilities | 10/49 | €529,625 | €596,450 | +€66,825 | +12.6% |
| Equity | 10/15 | -€127,379 | -€144,045 | -€16,666 | -13.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,379 | -€149,045 | -€16,666 | -12.6% |
| Amounts payable | 17/49 | €657,004 | €740,495 | +€83,491 | +12.7% |
| Amounts payable after more than one year | 17 | €374,690 | €414,467 | +€39,777 | +10.6% |
| Other amounts payable | 178/9 | €374,690 | €414,467 | +€39,777 | +10.6% |
| Amounts payable within one year | 42/48 | €282,314 | €326,028 | +€43,714 | +15.5% |
| Trade debts | 44 | €6,906 | - | -€6,906 | |
| Suppliers | 440/4 | €6,906 | - | -€6,906 | |
| Advances received on contracts in progress | 46 | - | €58,173 | +€58,173 | |
| Taxes, remuneration and social security | 45 | €8,005 | €451 | -€7,554 | -94.4% |
| Taxes | 450/3 | €246 | €451 | +€204 | +83.0% |
| Remuneration and social security | 454/9 | €7,758 | - | -€7,758 | |
| Other amounts payable | 47/48 | €267,404 | €267,404 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,299 | €31,820 | +€8,521 | +36.6% |
| Other operating charges | 640/8 | €298 | €1,668 | +€1,370 | +459% |
| Gross operating margin | 9900 | -€29,708 | €17,084 | +€46,792 | |
| Operating profit (loss) | 9901 | -€53,305 | -€16,404 | +€36,901 | +69.2% |
| Financial income | 75/76B | €69 | €259 | +€190 | +275% |
| Recurring financial income | 75 | €69 | €259 | +€190 | +275% |
| Financial charges | 65/66B | €154 | €70 | -€83 | -54.1% |
| Recurring financial charges | 65 | €154 | €70 | -€83 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | -€53,390 | -€16,215 | +€37,175 | +69.6% |
| Income taxes | 67/77 | €246 | €451 | +€204 | +83.0% |
| Profit (loss) for the period | 9904 | -€53,636 | -€16,666 | +€36,970 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,636 | -€16,666 | +€36,970 | +68.9% |
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 28 October 2026 via checked.be.