OPEN MINDIT: 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.
OPEN MINDIT
Largest movements
- Tangible fixed assets -€46,720
down €46,720 (-5.4%), from €870,070 to €823,350
of which Other tangible fixed assets: -€26,993
- Receivables within one year -€20,608
down €20,608 (-9.9%), from €208,878 to €188,270
of which Other amounts receivable: -€35,509
- Cash -€20,152
down €20,152 (-60.4%), from €33,378 to €13,226
mainly Contributions, distributions and other (-€100,000) and Debts after one year (-€40,586)
- Reserves -€44,029
down €44,029 (-6.2%), from €705,246 to €661,217
- Debts after one year -€40,586
down €40,586 (-11.8%), from €344,301 to €303,716
- Gross operating margin -€34,013
down €34,013 (-19.9%), from €170,674 to €136,661
- Taxes -€12,108
down €12,108 (-35.0%), from €34,545 to €22,437
- Financial charges +€4,154
up €4,154 (+41.9%), from €9,918 to €14,072
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 | €1,123,078 | €1,034,502 | -€88,576 | -7.9% |
| Fixed assets | 21/28 | €870,070 | €823,350 | -€46,720 | -5.4% |
| Tangible fixed assets | 22/27 | €870,070 | €823,350 | -€46,720 | -5.4% |
| Land and buildings | 22 | €723,064 | €703,137 | -€19,927 | -2.8% |
| Furniture and vehicles | 24 | €3,903 | €4,103 | +€199 | +5.1% |
| Other tangible fixed assets | 26 | €143,103 | €116,110 | -€26,993 | -18.9% |
| Current assets | 29/58 | €253,007 | €211,152 | -€41,856 | -16.5% |
| Amounts receivable within one year | 40/41 | €208,878 | €188,270 | -€20,608 | -9.9% |
| Trade receivables | 40 | €46,778 | €61,679 | +€14,901 | +31.9% |
| Other amounts receivable | 41 | €162,100 | €126,591 | -€35,509 | -21.9% |
| Cash at bank and in hand | 54/58 | €33,378 | €13,226 | -€20,152 | -60.4% |
| Deferred charges and accrued income | 490/1 | €10,752 | €9,656 | -€1,096 | -10.2% |
| Total equity and liabilities | 10/49 | €1,123,078 | €1,034,502 | -€88,576 | -7.9% |
| Equity | 10/15 | €711,446 | €667,417 | -€44,029 | -6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €705,246 | €661,217 | -€44,029 | -6.2% |
| Distributable reserves | 133 | €705,246 | €661,217 | -€44,029 | -6.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €411,631 | €367,085 | -€44,547 | -10.8% |
| Amounts payable after more than one year | 17 | €344,301 | €303,716 | -€40,586 | -11.8% |
| Financial debts | 170/4 | €344,301 | €303,716 | -€40,586 | -11.8% |
| Amounts payable within one year | 42/48 | €66,014 | €62,458 | -€3,556 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €47,146 | €47,977 | +€831 | +1.8% |
| Financial debts | 43 | - | €849 | +€849 | |
| Credit institutions | 430/8 | - | €849 | +€849 | |
| Trade debts | 44 | €2,362 | €1,102 | -€1,260 | -53.4% |
| Suppliers | 440/4 | €2,362 | €1,102 | -€1,260 | -53.4% |
| Taxes, remuneration and social security | 45 | €16,506 | €12,530 | -€3,976 | -24.1% |
| Taxes | 450/3 | €16,506 | €12,530 | -€3,976 | -24.1% |
| Accrued charges and deferred income | 492/3 | €1,316 | €911 | -€405 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,016 | €48,306 | +€289 | +0.6% |
| Other operating charges | 640/8 | €3,165 | €3,334 | +€169 | +5.4% |
| Gross operating margin | 9900 | €170,674 | €136,661 | -€34,013 | -19.9% |
| Operating profit (loss) | 9901 | €119,492 | €85,021 | -€34,472 | -28.8% |
| Financial income | 75/76B | €8,963 | €7,459 | -€1,503 | -16.8% |
| Recurring financial income | 75 | €8,963 | €7,459 | -€1,503 | -16.8% |
| Financial charges | 65/66B | €9,918 | €14,072 | +€4,154 | +41.9% |
| Recurring financial charges | 65 | €9,918 | €14,072 | +€4,154 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €118,537 | €78,408 | -€40,129 | -33.9% |
| Income taxes | 67/77 | €34,545 | €22,437 | -€12,108 | -35.0% |
| Profit (loss) for the period | 9904 | €83,992 | €55,971 | -€28,021 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €83,992 | €55,971 | -€28,021 | -33.4% |
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 27 October 2026 via checked.be.