MMinerals: 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.
MMinerals
Largest movements
- Cash +€9,396
up €9,396 (+51.8%), from €18,144 to €27,540
mainly Net result for the year (+€15,436) and Other debts (+€1,555)
- Receivables within one year +€6,985
up €6,985 (+1999.3%), from €349 to €7,335
of which Trade receivables: +€7,217
- Tangible fixed assets -€879
down €879 (-59.8%), from €1,468 to €590
- Profit (loss) carried forward +€15,436
up €15,436 (+149.7%), from €10,313 to €25,750
- Tax, wage and social debts -€1,587
down €1,587 (-45.8%), from €3,466 to €1,879
- Other debts +€1,555
up €1,555 (+48.9%), from €3,182 to €4,736
- Gross operating margin +€7,198
up €7,198 (+49.5%), from €14,549 to €21,747
- Taxes +€1,943
up €1,943 (+56.0%), from €3,466 to €5,409
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.
Cash bridge derived
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 | €19,961 | €35,465 | +€15,503 | +77.7% |
| Fixed assets | 21/28 | €1,468 | €590 | -€879 | -59.8% |
| Tangible fixed assets | 22/27 | €1,468 | €590 | -€879 | -59.8% |
| Furniture and vehicles | 24 | €1,468 | €590 | -€879 | -59.8% |
| Current assets | 29/58 | €18,493 | €34,875 | +€16,382 | +88.6% |
| Amounts receivable within one year | 40/41 | €349 | €7,335 | +€6,985 | +1999.3% |
| Trade receivables | 40 | - | €7,217 | +€7,217 | |
| Other amounts receivable | 41 | €349 | €118 | -€232 | -66.3% |
| Cash at bank and in hand | 54/58 | €18,144 | €27,540 | +€9,396 | +51.8% |
| Total equity and liabilities | 10/49 | €19,961 | €35,465 | +€15,503 | +77.7% |
| Equity | 10/15 | €13,313 | €28,750 | +€15,436 | +115.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,313 | €25,750 | +€15,436 | +149.7% |
| Amounts payable | 17/49 | €6,648 | €6,715 | +€67 | +1.0% |
| Amounts payable within one year | 42/48 | €6,648 | €6,715 | +€67 | +1.0% |
| Trade debts | 44 | - | €99 | +€99 | |
| Suppliers | 440/4 | - | €99 | +€99 | |
| Taxes, remuneration and social security | 45 | €3,466 | €1,879 | -€1,587 | -45.8% |
| Taxes | 450/3 | €3,466 | €1,879 | -€1,587 | -45.8% |
| Other amounts payable | 47/48 | €3,182 | €4,736 | +€1,555 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €690 | €879 | +€189 | +27.4% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | €14,549 | €21,747 | +€7,198 | +49.5% |
| Operating profit (loss) | 9901 | €13,860 | €20,806 | +€6,947 | +50.1% |
| Financial income | 75/76B | - | €98 | +€98 | |
| Recurring financial income | 75 | - | €98 | +€98 | |
| Financial charges | 65/66B | €80 | €60 | -€20 | -25.5% |
| Recurring financial charges | 65 | €80 | €60 | -€20 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €13,780 | €20,845 | +€7,066 | +51.3% |
| Income taxes | 67/77 | €3,466 | €5,409 | +€1,943 | +56.0% |
| Profit (loss) for the period | 9904 | €10,313 | €15,436 | +€5,123 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,313 | €15,436 | +€5,123 | +49.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.