DRIES MILBOU: 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.
DRIES MILBOU
Largest movements
- Tangible fixed assets -€6,430
down €6,430 (-30.2%), from €21,287 to €14,856
- Receivables within one year +€4,398
up €4,398 (+28.2%), from €15,593 to €19,991
of which Other amounts receivable: +€2,916
- Reserves +€16,172
up €16,172 (+35.3%), from €45,867 to €62,039
- Tax, wage and social debts -€8,065
down €8,065 (-68.8%), from €11,730 to €3,666
of which Taxes: -€8,028
- Debts after one year -€3,821
down €3,821 (-49.0%), from €7,796 to €3,975
- Other debts -€3,422
down €3,422 (-95.1%), from €3,600 to €177
- Trade debts -€2,858
down €2,858 (-70.2%), from €4,075 to €1,216
- Gross operating margin -€9,813
down €9,813 (-26.4%), from €37,132 to €27,318
- Taxes -€1,993
down €1,993 (-29.8%), from €6,685 to €4,693
- Financial charges -€700
down €700 (-60.2%), from €1,161 to €462
- Depreciation -€500
down €500 (-9.2%), from €5,430 to €4,930
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 | €78,741 | €76,893 | -€1,847 | -2.3% |
| Fixed assets | 21/28 | €21,287 | €14,856 | -€6,430 | -30.2% |
| Tangible fixed assets | 22/27 | €21,287 | €14,856 | -€6,430 | -30.2% |
| Furniture and vehicles | 24 | €21,287 | €14,856 | -€6,430 | -30.2% |
| Current assets | 29/58 | €57,454 | €62,037 | +€4,583 | +8.0% |
| Amounts receivable within one year | 40/41 | €15,593 | €19,991 | +€4,398 | +28.2% |
| Trade receivables | 40 | €15,593 | €17,075 | +€1,481 | +9.5% |
| Other amounts receivable | 41 | €0 | €2,916 | +€2,916 | |
| Cash at bank and in hand | 54/58 | €41,860 | €42,046 | +€185 | +0.4% |
| Total equity and liabilities | 10/49 | €78,741 | €76,893 | -€1,847 | -2.3% |
| Equity | 10/15 | €47,867 | €64,039 | +€16,172 | +33.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €45,867 | €62,039 | +€16,172 | +35.3% |
| Distributable reserves | 133 | €45,867 | €62,039 | +€16,172 | +35.3% |
| Amounts payable | 17/49 | €30,873 | €12,854 | -€18,019 | -58.4% |
| Amounts payable after more than one year | 17 | €7,796 | €3,975 | -€3,821 | -49.0% |
| Financial debts | 170/4 | €7,796 | €3,975 | -€3,821 | -49.0% |
| Amounts payable within one year | 42/48 | €23,078 | €8,880 | -€14,198 | -61.5% |
| Current portion of amounts payable after more than one year | 42 | €3,673 | €3,821 | +€148 | +4.0% |
| Trade debts | 44 | €4,075 | €1,216 | -€2,858 | -70.2% |
| Suppliers | 440/4 | €4,075 | €1,216 | -€2,858 | -70.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,730 | €3,666 | -€8,065 | -68.8% |
| Taxes | 450/3 | €9,879 | €1,851 | -€8,028 | -81.3% |
| Remuneration and social security | 454/9 | €1,852 | €1,815 | -€37 | -2.0% |
| Other amounts payable | 47/48 | €3,600 | €177 | -€3,422 | -95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,430 | €4,930 | -€500 | -9.2% |
| Other operating charges | 640/8 | €721 | €1,062 | +€341 | +47.4% |
| Gross operating margin | 9900 | €37,132 | €27,318 | -€9,813 | -26.4% |
| Operating profit (loss) | 9901 | €30,981 | €21,326 | -€9,655 | -31.2% |
| Financial charges | 65/66B | €1,161 | €462 | -€700 | -60.2% |
| Recurring financial charges | 65 | €1,161 | €462 | -€700 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | €29,820 | €20,864 | -€8,955 | -30.0% |
| Income taxes | 67/77 | €6,685 | €4,693 | -€1,993 | -29.8% |
| Profit (loss) for the period | 9904 | €23,134 | €16,172 | -€6,963 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,134 | €16,172 | -€6,963 | -30.1% |
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 21 October 2026 via checked.be.