SOUND MIND: 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.
SOUND MIND
Largest movements
- Receivables within one year -€91,139
down €91,139 (-78.0%), from €116,802 to €25,664
of which Other amounts receivable: -€90,206
- Profit (loss) carried forward -€94,530
down €94,530 (-89.2%), from €106,029 to €11,499
- Other debts +€5,068
new in 2025: €5,068
- Trade debts -€1,942
down €1,942 (-61.8%), from €3,142 to €1,200
- Gross operating margin +€14,750
up €14,750 (+48.0%), from €30,714 to €45,464
- Taxes +€3,975
up €3,975 (+43.5%), from €9,128 to €13,104
- Financial income +€666
up €666 (+16.4%), from €4,067 to €4,734
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 | €134,331 | €43,282 | -€91,049 | -67.8% |
| Fixed assets | 21/28 | €3,570 | €3,982 | +€411 | +11.5% |
| Tangible fixed assets | 22/27 | €3,570 | €3,982 | +€411 | +11.5% |
| Plant, machinery and equipment | 23 | €478 | €423 | -€55 | -11.6% |
| Furniture and vehicles | 24 | €3,092 | €3,559 | +€467 | +15.1% |
| Current assets | 29/58 | €130,761 | €39,301 | -€91,460 | -69.9% |
| Amounts receivable within one year | 40/41 | €116,802 | €25,664 | -€91,139 | -78.0% |
| Trade receivables | 40 | €24,247 | €23,314 | -€932 | -3.8% |
| Other amounts receivable | 41 | €92,556 | €2,349 | -€90,206 | -97.5% |
| Cash at bank and in hand | 54/58 | €11,950 | €11,603 | -€347 | -2.9% |
| Deferred charges and accrued income | 490/1 | €2,009 | €2,034 | +€25 | +1.3% |
| Total equity and liabilities | 10/49 | €134,331 | €43,282 | -€91,049 | -67.8% |
| Equity | 10/15 | €109,029 | €14,499 | -€94,530 | -86.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,029 | €11,499 | -€94,530 | -89.2% |
| Amounts payable | 17/49 | €25,302 | €28,783 | +€3,481 | +13.8% |
| Amounts payable within one year | 42/48 | €25,302 | €28,783 | +€3,481 | +13.8% |
| Trade debts | 44 | €3,142 | €1,200 | -€1,942 | -61.8% |
| Suppliers | 440/4 | €3,142 | €1,200 | -€1,942 | -61.8% |
| Taxes, remuneration and social security | 45 | €22,160 | €22,515 | +€355 | +1.6% |
| Taxes | 450/3 | €22,160 | €22,515 | +€355 | +1.6% |
| Other amounts payable | 47/48 | - | €5,068 | +€5,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €488 | €875 | +€387 | +79.4% |
| Other operating charges | 640/8 | €952 | €1,079 | +€127 | +13.3% |
| Gross operating margin | 9900 | €30,714 | €45,464 | +€14,750 | +48.0% |
| Operating profit (loss) | 9901 | €29,274 | €43,510 | +€14,236 | +48.6% |
| Financial income | 75/76B | €4,067 | €4,734 | +€666 | +16.4% |
| Recurring financial income | 75 | €4,067 | €4,734 | +€666 | +16.4% |
| Financial charges | 65/66B | €69 | €259 | +€190 | +275% |
| Recurring financial charges | 65 | €69 | €259 | +€190 | +275% |
| Profit (loss) for the period before taxes | 9903 | €33,272 | €47,985 | +€14,713 | +44.2% |
| Income taxes | 67/77 | €9,128 | €13,104 | +€3,975 | +43.5% |
| Profit (loss) for the period | 9904 | €24,144 | €34,882 | +€10,737 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,144 | €34,882 | +€10,737 | +44.5% |
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 24 October 2026 via checked.be.