MINDVILLE: 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.
MINDVILLE
Largest movements
- Receivables within one year +€13,659
up €13,659 (+156.4%), from €8,735 to €22,394
- Cash -€13,340
down €13,340 (-49.7%), from €26,843 to €13,503
mainly Accrued charges and deferred income (-€25,000) and Contributions, distributions and other (-€14,169)
- Tangible fixed assets -€9,158
down €9,158 (-26.6%), from €34,462 to €25,304
of which Other tangible fixed assets: -€9,918
- Deferred charges and accrued income +€3,356
up €3,356 (+28.2%), from €11,921 to €15,277
- Accrued charges and deferred income -€25,000
no longer reported in 2025 (was €25,000)
- Tax, wage and social debts +€7,517
up €7,517 (+63.5%), from €11,834 to €19,351
- Reserves +€6,333
up €6,333 (+67.9%), from €9,322 to €15,655
- Trade debts +€5,955
up €5,955 (+448.4%), from €1,328 to €7,283
- Staff costs -€21,605
no longer reported in 2025 (was €21,605)
- Taxes +€6,733
up €6,733 (+126.5%), from €5,321 to €12,054
- Financial income -€3,705
down €3,705 (-90.7%), from €4,085 to €380
of which Non-recurring financial income: -€3,800
- Gross operating margin +€2,823
up €2,823 (+6.5%), from €43,389 to €46,212
- Other operating charges +€822
up €822 (+67.7%), from €1,214 to €2,036
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 | €81,961 | €76,478 | -€5,483 | -6.7% |
| Fixed assets | 21/28 | €34,462 | €25,304 | -€9,158 | -26.6% |
| Tangible fixed assets | 22/27 | €34,462 | €25,304 | -€9,158 | -26.6% |
| Land and buildings | 22 | €755 | €324 | -€431 | -57.1% |
| Plant, machinery and equipment | 23 | €2,294 | €774 | -€1,520 | -66.3% |
| Furniture and vehicles | 24 | €21,495 | €24,206 | +€2,711 | +12.6% |
| Other tangible fixed assets | 26 | €9,918 | - | -€9,918 | |
| Current assets | 29/58 | €47,499 | €51,174 | +€3,675 | +7.7% |
| Amounts receivable within one year | 40/41 | €8,735 | €22,394 | +€13,659 | +156.4% |
| Trade receivables | 40 | €8,735 | €22,394 | +€13,659 | +156.4% |
| Cash at bank and in hand | 54/58 | €26,843 | €13,503 | -€13,340 | -49.7% |
| Deferred charges and accrued income | 490/1 | €11,921 | €15,277 | +€3,356 | +28.2% |
| Total equity and liabilities | 10/49 | €81,961 | €76,478 | -€5,483 | -6.7% |
| Equity | 10/15 | €43,280 | €49,613 | +€6,333 | +14.6% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €9,322 | €15,655 | +€6,333 | +67.9% |
| Distributable reserves | 133 | €9,322 | €15,655 | +€6,333 | +67.9% |
| Profit (loss) carried forward | 14 | €32,358 | €32,358 | = | 0.0% |
| Amounts payable | 17/49 | €38,681 | €26,865 | -€11,816 | -30.5% |
| Amounts payable within one year | 42/48 | €13,681 | €26,865 | +€13,184 | +96.4% |
| Trade debts | 44 | €1,328 | €7,283 | +€5,955 | +448.4% |
| Suppliers | 440/4 | €1,328 | €7,283 | +€5,955 | +448.4% |
| Taxes, remuneration and social security | 45 | €11,834 | €19,351 | +€7,517 | +63.5% |
| Taxes | 450/3 | €11,834 | €19,351 | +€7,517 | +63.5% |
| Other amounts payable | 47/48 | €519 | €231 | -€288 | -55.5% |
| Accrued charges and deferred income | 492/3 | €25,000 | - | -€25,000 | |
| Remuneration, social security and pensions | 62 | €21,605 | - | -€21,605 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,545 | €11,158 | -€387 | -3.4% |
| Other operating charges | 640/8 | €1,214 | €2,036 | +€822 | +67.7% |
| Gross operating margin | 9900 | €43,389 | €46,212 | +€2,823 | +6.5% |
| Operating profit (loss) | 9901 | €9,025 | €33,018 | +€23,993 | +265.9% |
| Financial income | 75/76B | €4,085 | €380 | -€3,705 | -90.7% |
| Recurring financial income | 75 | €85 | €180 | +€95 | +111.8% |
| Non-recurring financial income | 76B | €4,000 | €200 | -€3,800 | -95.0% |
| Financial charges | 65/66B | €327 | €842 | +€515 | +157.5% |
| Recurring financial charges | 65 | €137 | €188 | +€51 | +37.2% |
| Non-recurring financial charges | 66B | €190 | €654 | +€464 | +244.2% |
| Profit (loss) for the period before taxes | 9903 | €12,783 | €32,556 | +€19,773 | +154.7% |
| Income taxes | 67/77 | €5,321 | €12,054 | +€6,733 | +126.5% |
| Profit (loss) for the period | 9904 | €7,462 | €20,502 | +€13,040 | +174.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,462 | €20,502 | +€13,040 | +174.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.