Your Mind Our Work: 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.
Your Mind Our Work
Largest movements
- Receivables after one year +€116,070
new in 2025: €116,070
- Cash -€40,671
down €40,671 (-86.6%), from €46,976 to €6,305
mainly Receivables after one year (-€116,070) and Trade debts (-€17,049)
- Receivables within one year -€8,688
down €8,688 (-10.8%), from €80,801 to €72,113
of which Trade receivables: -€8,710
- Deferred charges and accrued income -€6,501
down €6,501 (-84.0%), from €7,742 to €1,241
- Tax, wage and social debts +€44,357
up €44,357 (+388%), from €11,426 to €55,783
of which Taxes: +€37,629
- Reserves +€35,610
up €35,610 (+36.0%), from €99,027 to €134,637
- Trade debts -€17,049
down €17,049 (-44.9%), from €37,980 to €20,931
- Gross operating margin +€28,652
up €28,652 (+25.2%), from €113,526 to €142,178
- Taxes +€15,279
up €15,279 (+393%), from €3,883 to €19,162
- Staff costs -€13,528
down €13,528 (-13.4%), from €100,643 to €87,115
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 | €179,767 | €242,210 | +€62,442 | +34.7% |
| Fixed assets | 21/28 | €44,248 | €46,481 | +€2,233 | +5.0% |
| Tangible fixed assets | 22/27 | €715 | €2,948 | +€2,233 | +312% |
| Furniture and vehicles | 24 | €715 | €2,948 | +€2,233 | +312% |
| Financial fixed assets | 28 | €43,533 | €43,533 | = | 0.0% |
| Current assets | 29/58 | €135,519 | €195,729 | +€60,210 | +44.4% |
| Amounts receivable after more than one year | 29 | - | €116,070 | +€116,070 | |
| Other amounts receivable | 291 | - | €116,070 | +€116,070 | |
| Amounts receivable within one year | 40/41 | €80,801 | €72,113 | -€8,688 | -10.8% |
| Trade receivables | 40 | €79,812 | €71,102 | -€8,710 | -10.9% |
| Other amounts receivable | 41 | €989 | €1,011 | +€22 | +2.3% |
| Cash at bank and in hand | 54/58 | €46,976 | €6,305 | -€40,671 | -86.6% |
| Deferred charges and accrued income | 490/1 | €7,742 | €1,241 | -€6,501 | -84.0% |
| Total equity and liabilities | 10/49 | €179,767 | €242,210 | +€62,442 | +34.7% |
| Equity | 10/15 | €129,277 | €164,887 | +€35,610 | +27.5% |
| Contributions | 10/11 | €30,250 | €30,250 | = | 0.0% |
| Reserves | 13 | €99,027 | €134,637 | +€35,610 | +36.0% |
| Distributable reserves | 133 | €99,027 | €134,637 | +€35,610 | +36.0% |
| Amounts payable | 17/49 | €50,490 | €77,323 | +€26,832 | +53.1% |
| Amounts payable within one year | 42/48 | €50,490 | €77,323 | +€26,832 | +53.1% |
| Financial debts | 43 | €464 | €609 | +€145 | +31.3% |
| Credit institutions | 430/8 | €464 | €609 | +€145 | +31.3% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €37,980 | €20,931 | -€17,049 | -44.9% |
| Suppliers | 440/4 | €37,980 | €20,931 | -€17,049 | -44.9% |
| Taxes, remuneration and social security | 45 | €11,426 | €55,783 | +€44,357 | +388% |
| Taxes | 450/3 | €982 | €38,611 | +€37,629 | +3,833% |
| Remuneration and social security | 454/9 | €10,444 | €17,172 | +€6,728 | +64.4% |
| Other amounts payable | 47/48 | €621 | €0 | -€621 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | +€0 | |
| Non-recurring operating income | 76A | €221 | €0 | -€221 | -100% |
| Remuneration, social security and pensions | 62 | €100,643 | €87,115 | -€13,528 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €761 | €52 | -€709 | -93.2% |
| Other operating charges | 640/8 | €1,434 | €400 | -€1,035 | -72.1% |
| Non-recurring operating charges | 66A | €472 | €1,003 | +€531 | +112% |
| Gross operating margin | 9900 | €113,526 | €142,178 | +€28,652 | +25.2% |
| Operating profit (loss) | 9901 | €10,215 | €53,608 | +€43,393 | +425% |
| Financial income | 75/76B | €2,024 | €1,931 | -€93 | -4.6% |
| Recurring financial income | 75 | €2,024 | €1,931 | -€93 | -4.6% |
| Financial charges | 65/66B | €989 | €767 | -€222 | -22.4% |
| Recurring financial charges | 65 | €989 | €767 | -€222 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €11,251 | €54,772 | +€43,522 | +387% |
| Income taxes | 67/77 | €3,883 | €19,162 | +€15,279 | +393% |
| Profit (loss) for the period | 9904 | €7,368 | €35,610 | +€28,243 | +383% |
| Profit (loss) for the period to be appropriated | 9905 | €7,368 | €35,610 | +€28,243 | +383% |
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 19 October 2026 via checked.be.