Mynd Studio: 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.
Mynd Studio
Largest movements
- Tangible fixed assets +€9,265
new in 2025: €9,265
- Receivables within one year -€2,128
down €2,128 (-26.8%), from €7,932 to €5,804
of which Trade receivables: -€2,186
- Cash -€734
down €734 (-1.8%), from €40,549 to €39,815
mainly Investment in fixed assets (net) (-€10,658) and Tax, wage and social debts (-€7,228)
- Reserves +€12,906
up €12,906 (+38.4%), from €33,575 to €46,481
- Tax, wage and social debts -€7,228
down €7,228 (-55.6%), from €13,009 to €5,781
- Other debts +€1,057
up €1,057 (+93.7%), from €1,128 to €2,185
- Gross operating margin -€26,967
down €26,967 (-61.7%), from €43,715 to €16,748
- Taxes -€4,577
down €4,577 (-53.5%), from €8,553 to €3,976
- Write-downs -€3,098
down €3,098, from €1,549 to -€1,549
- Depreciation +€1,336
new in 2025: €1,336
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 | €48,961 | €55,447 | +€6,487 | +13.2% |
| Fixed assets | 21/28 | - | €9,322 | +€9,322 | |
| Tangible fixed assets | 22/27 | - | €9,265 | +€9,265 | |
| Plant, machinery and equipment | 23 | - | €9,265 | +€9,265 | |
| Financial fixed assets | 28 | - | €57 | +€57 | |
| Current assets | 29/58 | €48,961 | €46,125 | -€2,835 | -5.8% |
| Amounts receivable within one year | 40/41 | €7,932 | €5,804 | -€2,128 | -26.8% |
| Trade receivables | 40 | €7,932 | €5,746 | -€2,186 | -27.6% |
| Other amounts receivable | 41 | - | €58 | +€58 | |
| Cash at bank and in hand | 54/58 | €40,549 | €39,815 | -€734 | -1.8% |
| Deferred charges and accrued income | 490/1 | €479 | €506 | +€27 | +5.6% |
| Total equity and liabilities | 10/49 | €48,961 | €55,447 | +€6,487 | +13.2% |
| Equity | 10/15 | €34,575 | €47,481 | +€12,906 | +37.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €33,575 | €46,481 | +€12,906 | +38.4% |
| Distributable reserves | 133 | €33,575 | €46,481 | +€12,906 | +38.4% |
| Amounts payable | 17/49 | €14,386 | €7,966 | -€6,419 | -44.6% |
| Amounts payable within one year | 42/48 | €14,386 | €7,966 | -€6,419 | -44.6% |
| Trade debts | 44 | €249 | - | -€249 | |
| Suppliers | 440/4 | €249 | - | -€249 | |
| Taxes, remuneration and social security | 45 | €13,009 | €5,781 | -€7,228 | -55.6% |
| Taxes | 450/3 | €13,009 | €5,781 | -€7,228 | -55.6% |
| Other amounts payable | 47/48 | €1,128 | €2,185 | +€1,057 | +93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,336 | +€1,336 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,549 | -€1,549 | -€3,098 | |
| Gross operating margin | 9900 | €43,715 | €16,748 | -€26,967 | -61.7% |
| Operating profit (loss) | 9901 | €42,166 | €16,961 | -€25,205 | -59.8% |
| Financial charges | 65/66B | €38 | €79 | +€41 | +109.3% |
| Recurring financial charges | 65 | €38 | €79 | +€41 | +109.3% |
| Profit (loss) for the period before taxes | 9903 | €42,128 | €16,882 | -€25,246 | -59.9% |
| Income taxes | 67/77 | €8,553 | €3,976 | -€4,577 | -53.5% |
| Profit (loss) for the period | 9904 | €33,575 | €12,906 | -€20,669 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,575 | €12,906 | -€20,669 | -61.6% |
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 2 October 2026 via checked.be.