Financial statements Mind Progress

Balance sheet of Mind Progress

Company age:

Age:

13 y. 7 m. 6 d.

Share capital:

5 000 PLN

Year	2023	2024
Total assets	164 010,41	165 271,20
A. Fixed assets	4 629,23	4 629,23
B. Current assets	159 381,18	160 641,97
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	164 010,41	165 271,20
A. Equity	-2 404 877,91	-2 380 230,45
B. Liabilities and provisions for liabilities	2 568 888,32	2 545 501,65
I. Long-term liabilities	1 693 832,95	1 659 233,28
II. Short-term liabilities	875 055,37	886 268,37

Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.

Fixed Assets - Assets held for a longer period, typically longer than a year, such as real estate or machinery.
Current Assets - Assets intended to be used or sold within a year, such as inventory, receivables, and cash.
Equity - The net value of a company's assets, representing the difference between its assets and liabilities.
Long-Term Liabilities - Financial obligations to be repaid over a period longer than a year, such as loans or bonds.
Short-Term Liabilities - Financial obligations to be repaid within a year, such as payables to suppliers or short-term loans.
Reserve Capital - A portion of equity set aside for specific purposes, such as covering losses or business development.