NEW MIND: 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.
NEW MIND
Largest movements
- Financial fixed assets +€56,860
up €56,860 (+9.9%), from €575,000 to €631,860
- Cash +€27,949
up €27,949 (+129.9%), from €21,513 to €49,462
mainly Net result for the year (+€47,222) and Other debts (+€15,987)
- Receivables within one year -€14,163
down €14,163 (-22.7%), from €62,301 to €48,137
of which Trade receivables: -€18,572
- Reserves +€47,222
up €47,222 (+24.9%), from €189,859 to €237,081
- Other debts +€15,987
up €15,987 (+3.8%), from €424,162 to €440,149
- Gross operating margin -€20,459
down €20,459 (-48.0%), from €42,643 to €22,185
- Taxes -€7,373
down €7,373 (-46.8%), from €15,760 to €8,386
- Financial income -€4,500
down €4,500 (-10.0%), from €45,000 to €40,500
- Financial charges +€2,635
up €2,635 (+3334.2%), from €79 to €2,714
- Other operating charges +€1,933
up €1,933 (+332.1%), from €582 to €2,514
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 | €664,492 | €733,294 | +€68,802 | +10.4% |
| Fixed assets | 21/28 | €580,572 | €635,585 | +€55,012 | +9.5% |
| Tangible fixed assets | 22/27 | €5,572 | €3,725 | -€1,848 | -33.2% |
| Furniture and vehicles | 24 | €5,572 | €3,725 | -€1,848 | -33.2% |
| Financial fixed assets | 28 | €575,000 | €631,860 | +€56,860 | +9.9% |
| Current assets | 29/58 | €83,919 | €97,709 | +€13,789 | +16.4% |
| Amounts receivable within one year | 40/41 | €62,301 | €48,137 | -€14,163 | -22.7% |
| Trade receivables | 40 | €52,085 | €33,513 | -€18,572 | -35.7% |
| Other amounts receivable | 41 | €10,215 | €14,624 | +€4,409 | +43.2% |
| Cash at bank and in hand | 54/58 | €21,513 | €49,462 | +€27,949 | +129.9% |
| Deferred charges and accrued income | 490/1 | €106 | €110 | +€4 | +3.7% |
| Total equity and liabilities | 10/49 | €664,492 | €733,294 | +€68,802 | +10.4% |
| Equity | 10/15 | €208,491 | €255,713 | +€47,222 | +22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €189,859 | €237,081 | +€47,222 | +24.9% |
| Distributable reserves | 133 | €189,859 | €237,081 | +€47,222 | +24.9% |
| Profit (loss) carried forward | 14 | €32 | €32 | = | 0.0% |
| Amounts payable | 17/49 | €456,001 | €477,580 | +€21,579 | +4.7% |
| Amounts payable within one year | 42/48 | €456,001 | €477,580 | +€21,579 | +4.7% |
| Trade debts | 44 | €9,059 | €13,145 | +€4,086 | +45.1% |
| Suppliers | 440/4 | €9,059 | €13,145 | +€4,086 | +45.1% |
| Taxes, remuneration and social security | 45 | €22,779 | €24,286 | +€1,507 | +6.6% |
| Taxes | 450/3 | €20,063 | €24,286 | +€4,223 | +21.0% |
| Remuneration and social security | 454/9 | €2,716 | - | -€2,716 | |
| Other amounts payable | 47/48 | €424,162 | €440,149 | +€15,987 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,592 | €1,848 | +€256 | +16.1% |
| Other operating charges | 640/8 | €582 | €2,514 | +€1,933 | +332.1% |
| Gross operating margin | 9900 | €42,643 | €22,185 | -€20,459 | -48.0% |
| Operating profit (loss) | 9901 | €40,470 | €17,822 | -€22,647 | -56.0% |
| Financial income | 75/76B | €45,000 | €40,500 | -€4,500 | -10.0% |
| Recurring financial income | 75 | €45,000 | €40,500 | -€4,500 | -10.0% |
| Financial charges | 65/66B | €79 | €2,714 | +€2,635 | +3334.2% |
| Recurring financial charges | 65 | €79 | €2,714 | +€2,635 | +3334.2% |
| Profit (loss) for the period before taxes | 9903 | €85,391 | €55,609 | -€29,782 | -34.9% |
| Income taxes | 67/77 | €15,760 | €8,386 | -€7,373 | -46.8% |
| Profit (loss) for the period | 9904 | €69,631 | €47,222 | -€22,409 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,631 | €47,222 | -€22,409 | -32.2% |
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 5 October 2026 via checked.be.