Prepared 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.
Prepared Mind
Largest movements
- Receivables within one year -€46,580
down €46,580 (-20.5%), from €227,408 to €180,828
of which Other amounts receivable: -€45,214
- Current investments -€41,049
down €41,049 (-100.0%), from €41,049 to €0
- Cash -€33,675
down €33,675 (-9.4%), from €358,508 to €324,832
mainly Contributions, distributions and other (-€219,015) and Accrued charges and deferred income (-€53,967)
- Other debts +€60,678
up €60,678 (+51.7%), from €117,288 to €177,966
- Accrued charges and deferred income -€53,967
down €53,967 (-72.6%), from €74,335 to €20,368
- Trade debts -€50,813
down €50,813 (-21.4%), from €237,410 to €186,597
- Reserves -€41,049
down €41,049 (-65.0%), from €63,109 to €22,059
of which Non-distributable reserves: -€41,049
- Contributions -€41,040
down €41,040 (-28.9%), from €142,080 to €101,040
- Gross operating margin +€18,807
up €18,807 (+15.8%), from €118,740 to €137,547
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 | €636,246 | €509,891 | -€126,355 | -19.9% |
| Fixed assets | 21/28 | €2,965 | €2,965 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Financial fixed assets | 28 | €2,965 | €2,965 | = | 0.0% |
| Current assets | 29/58 | €633,281 | €506,926 | -€126,355 | -20.0% |
| Amounts receivable within one year | 40/41 | €227,408 | €180,828 | -€46,580 | -20.5% |
| Trade receivables | 40 | €182,111 | €180,745 | -€1,366 | -0.8% |
| Other amounts receivable | 41 | €45,297 | €83 | -€45,214 | -99.8% |
| Current investments | 50/53 | €41,049 | €0 | -€41,049 | -100.0% |
| Cash at bank and in hand | 54/58 | €358,508 | €324,832 | -€33,675 | -9.4% |
| Deferred charges and accrued income | 490/1 | €6,316 | €1,266 | -€5,050 | -80.0% |
| Total equity and liabilities | 10/49 | €636,246 | €509,891 | -€126,355 | -19.9% |
| Equity | 10/15 | €206,035 | €124,010 | -€82,026 | -39.8% |
| Contributions | 10/11 | €142,080 | €101,040 | -€41,040 | -28.9% |
| Reserves | 13 | €63,109 | €22,059 | -€41,049 | -65.0% |
| Non-distributable reserves | 130/1 | €41,049 | €0 | -€41,049 | -100.0% |
| Own shares acquired | 1312 | €41,049 | €0 | -€41,049 | -100.0% |
| Distributable reserves | 133 | €22,059 | €22,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | €847 | €910 | +€64 | +7.5% |
| Amounts payable | 17/49 | €430,211 | €385,882 | -€44,329 | -10.3% |
| Amounts payable within one year | 42/48 | €355,876 | €365,514 | +€9,638 | +2.7% |
| Financial debts | 43 | €600 | €696 | +€97 | +16.2% |
| Other loans | 439 | €600 | €696 | +€97 | +16.2% |
| Trade debts | 44 | €237,410 | €186,597 | -€50,813 | -21.4% |
| Suppliers | 440/4 | €237,410 | €186,597 | -€50,813 | -21.4% |
| Taxes, remuneration and social security | 45 | €579 | €255 | -€324 | -55.9% |
| Taxes | 450/3 | €579 | €255 | -€324 | -55.9% |
| Other amounts payable | 47/48 | €117,288 | €177,966 | +€60,678 | +51.7% |
| Accrued charges and deferred income | 492/3 | €74,335 | €20,368 | -€53,967 | -72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €0 | -€484 | -100.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €118,740 | €137,547 | +€18,807 | +15.8% |
| Operating profit (loss) | 9901 | €117,868 | €137,147 | +€19,279 | +16.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €588 | €158 | -€430 | -73.2% |
| Recurring financial charges | 65 | €588 | €158 | -€430 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €117,280 | €136,990 | +€19,710 | +16.8% |
| Profit (loss) for the period | 9904 | €117,280 | €136,990 | +€19,710 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €117,280 | €136,990 | +€19,710 | +16.8% |
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.