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MobileMinds: 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.

What changed

MobileMinds

BE 0806.854.017
NACE 61.100, Wired, wireless and satellite telecommunications
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,350
2024 · €55,880-€38,530
Equity
€354,557
2024 · €474,251-€119,694
Cash
€128,564
2024 · €339,079-€210,516
Balance sheet total
€798,140
2024 · €491,059+€307,081

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€578,502

    up €578,502 (+1134.7%), from €50,985 to €629,486

    of which Land and buildings: +€592,125

  • Cash -€210,516

    down €210,516 (-62.1%), from €339,079 to €128,564

    mainly Investment in fixed assets (net) (-€595,127) and Contributions, distributions and other (-€137,044)

  • Receivables within one year -€49,508

    down €49,508 (-69.9%), from €70,853 to €21,345

    of which Trade receivables: -€32,143

  • Deferred charges and accrued income -€14,209

    down €14,209 (-50.4%), from €28,182 to €13,972

Equity and liabilities
  • Debts after one year +€425,000

    up €425,000, from €0 to €425,000

  • Reserves -€119,694

    down €119,694 (-26.3%), from €455,651 to €335,957

    of which Distributable reserves: -€119,694

  • Current portion of long-term debt -€11,040

    down €11,040 (-100.0%), from €11,040 to €0

  • Trade debts +€10,068

    up €10,068 (+945.6%), from €1,065 to €11,133

Income statement
  • Gross operating margin -€65,526

    down €65,526 (-57.4%), from €114,064 to €48,538

  • Taxes -€13,075

    down €13,075 (-53.3%), from €24,534 to €11,460

  • Depreciation +€2,240

    up €2,240 (+14.5%), from €15,458 to €17,698

  • Financial charges -€1,245

    down €1,245 (-73.1%), from €1,702 to €457

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €55,880
Gross operating margin -€65,526
Depreciation -€2,240
Other operating charges -€36
Other operating items +€14,973
Financial income -€20
Financial charges +€1,245
Taxes +€13,075
Result 2025 €17,350

Cash bridge derived

cash 2024 to 2025

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.

From operations +€107,695
Investment -€595,127
Financing +€276,916
Cash 2024 €339,079
Net result for the year +€17,350
Depreciation +€17,698
Stocks and contracts -€3,885
Receivables within one year +€49,508
Deferred charges and accrued income +€14,209
Trade debts +€10,068
Tax, wage and social debts +€5,198
Other debts -€2,451
Investment in fixed assets (net) -€595,127
Debts after one year +€425,000
Current portion of long-term debt -€11,040
Contributions, distributions and other -€137,044
Cash 2025 €128,564
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €491,059 €798,140 +€307,081 +62.5%
Fixed assets 21/28 €52,945 €630,373 +€577,429 +1090.6%
Tangible fixed assets 22/27 €50,985 €629,486 +€578,502 +1134.7%
Land and buildings 22 - €592,125 +€592,125
Plant, machinery and equipment 23 - €2,521 +€2,521
Furniture and vehicles 24 €50,985 €34,839 -€16,145 -31.7%
Financial fixed assets 28 €1,960 €887 -€1,073 -54.7%
Current assets 29/58 €438,114 €167,767 -€270,348 -61.7%
Stocks and contracts in progress 3 - €3,885 +€3,885
Stocks 30/36 - €3,885 +€3,885
Amounts receivable within one year 40/41 €70,853 €21,345 -€49,508 -69.9%
Trade receivables 40 €50,981 €18,838 -€32,143 -63.0%
Other amounts receivable 41 €19,872 €2,508 -€17,365 -87.4%
Cash at bank and in hand 54/58 €339,079 €128,564 -€210,516 -62.1%
Deferred charges and accrued income 490/1 €28,182 €13,972 -€14,209 -50.4%
Total equity and liabilities 10/49 €491,059 €798,140 +€307,081 +62.5%
Equity 10/15 €474,251 €354,557 -€119,694 -25.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €455,651 €335,957 -€119,694 -26.3%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €453,791 €334,097 -€119,694 -26.4%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €16,808 €443,583 +€426,776 +2539.1%
Amounts payable after more than one year 17 €0 €425,000 +€425,000
Financial debts 170/4 €0 €425,000 +€425,000
Amounts payable within one year 42/48 €16,808 €18,583 +€1,776 +10.6%
Current portion of amounts payable after more than one year 42 €11,040 €0 -€11,040 -100.0%
Trade debts 44 €1,065 €11,133 +€10,068 +945.6%
Suppliers 440/4 €1,065 €11,133 +€10,068 +945.6%
Taxes, remuneration and social security 45 €1,734 €6,932 +€5,198 +299.8%
Taxes 450/3 €1,734 €6,932 +€5,198 +299.8%
Other amounts payable 47/48 €2,969 €519 -€2,451 -82.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,458 €17,698 +€2,240 +14.5%
Other operating charges 640/8 €1,055 €1,092 +€36 +3.4%
Non-recurring operating charges 66A €15,457 €484 -€14,973 -96.9%
Gross operating margin 9900 €114,064 €48,538 -€65,526 -57.4%
Operating profit (loss) 9901 €82,095 €29,265 -€52,830 -64.4%
Financial income 75/76B €22 €2 -€20 -90.4%
Recurring financial income 75 €22 €2 -€20 -90.4%
Non-recurring financial income 76B €0 - =
Financial charges 65/66B €1,702 €457 -€1,245 -73.1%
Recurring financial charges 65 €1,702 €457 -€1,245 -73.1%
Profit (loss) for the period before taxes 9903 €80,414 €28,809 -€51,605 -64.2%
Income taxes 67/77 €24,534 €11,460 -€13,075 -53.3%
Profit (loss) for the period 9904 €55,880 €17,350 -€38,530 -69.0%
Profit (loss) for the period to be appropriated 9905 €55,880 €17,350 -€38,530 -69.0%

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 30 September 2026 via checked.be.