Mindspace: what changed
Mindspace
Largest movements
- Receivables within one year +€179,751
up €179,751 (+1,649%), from €10,899 to €190,651
of which Trade receivables: +€115,518
- Cash -€140,408
down €140,408 (-83.3%), from €168,596 to €28,189
mainly Short-term financial debts (-€269,317) and Receivables within one year (-€179,751)
- Tangible fixed assets -€22,499
down €22,499 (-2.8%), from €811,189 to €788,690
- Short-term financial debts -€269,317
down €269,317 (-100%), from €269,317 to €0
- Debts after one year +€257,267
new in 2025: €257,267
- Trade debts +€17,566
up €17,566 (+53.7%), from €32,704 to €50,271
- Gross operating margin +€43,282
up €43,282, from -€9,668 to €33,614
- Depreciation -€13,734
down €13,734 (-37.9%), from €36,233 to €22,499
- Other operating charges +€988
up €988 (+837%), from €118 to €1,106
- Financial charges -€841
down €841 (-5.5%), from €15,317 to €14,476
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €990,685 | €1,007,529 | +€16,844 | +1.7% |
| Fixed assets | 21/28 | €811,189 | €788,690 | -€22,499 | -2.8% |
| Tangible fixed assets | 22/27 | €811,189 | €788,690 | -€22,499 | -2.8% |
| Land and buildings | 22 | €811,189 | €788,690 | -€22,499 | -2.8% |
| Current assets | 29/58 | €179,496 | €218,839 | +€39,343 | +21.9% |
| Amounts receivable within one year | 40/41 | €10,899 | €190,651 | +€179,751 | +1,649% |
| Trade receivables | 40 | - | €115,518 | +€115,518 | |
| Other amounts receivable | 41 | €10,899 | €75,133 | +€64,233 | +589% |
| Cash at bank and in hand | 54/58 | €168,596 | €28,189 | -€140,408 | -83.3% |
| Total equity and liabilities | 10/49 | €990,685 | €1,007,529 | +€16,844 | +1.7% |
| Equity | 10/15 | €688,664 | €684,196 | -€4,467 | -0.6% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,336 | -€65,804 | -€4,467 | -7.3% |
| Amounts payable | 17/49 | €302,021 | €323,333 | +€21,312 | +7.1% |
| Amounts payable after more than one year | 17 | - | €257,267 | +€257,267 | |
| Financial debts | 170/4 | - | €257,267 | +€257,267 | |
| Amounts payable within one year | 42/48 | €302,021 | €63,580 | -€238,441 | -78.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,000 | +€9,000 | |
| Financial debts | 43 | €269,317 | €0 | -€269,317 | -100% |
| Credit institutions | 430/8 | €269,317 | €0 | -€269,317 | -100% |
| Trade debts | 44 | €32,704 | €50,271 | +€17,566 | +53.7% |
| Suppliers | 440/4 | €32,704 | €50,271 | +€17,566 | +53.7% |
| Taxes, remuneration and social security | 45 | - | €4,309 | +€4,309 | |
| Taxes | 450/3 | - | €4,309 | +€4,309 | |
| Accrued charges and deferred income | 492/3 | - | €2,486 | +€2,486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,233 | €22,499 | -€13,734 | -37.9% |
| Other operating charges | 640/8 | €118 | €1,106 | +€988 | +837% |
| Gross operating margin | 9900 | -€9,668 | €33,614 | +€43,282 | |
| Operating profit (loss) | 9901 | -€46,019 | €10,008 | +€56,027 | |
| Financial charges | 65/66B | €15,317 | €14,476 | -€841 | -5.5% |
| Recurring financial charges | 65 | €15,317 | €14,476 | -€841 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€61,336 | -€4,467 | +€56,869 | +92.7% |
| Profit (loss) for the period | 9904 | -€61,336 | -€4,467 | +€56,869 | +92.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,336 | -€4,467 | +€56,869 | +92.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.