exMil2Civ: 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.
exMil2Civ
Largest movements
- Cash +€41,731
up €41,731 (+195%), from €21,382 to €63,113
mainly Net result for the year (+€44,917) and Tax, wage and social debts (+€15,786)
- Deferred charges and accrued income +€21,203
new in 2025: €21,203
- Receivables within one year -€7,884
down €7,884 (-32.5%), from €24,252 to €16,368
of which Trade receivables: -€8,363
- Intangible fixed assets -€3,751
down €3,751 (-71.9%), from €5,219 to €1,468
- Tangible fixed assets +€1,099
new in 2025: €1,099
- Reserves +€42,305
up €42,305 (+157%), from €26,935 to €69,240
- Tax, wage and social debts +€15,786
up €15,786 (+125%), from €12,625 to €28,411
- Trade debts -€5,871
down €5,871 (-93.3%), from €6,292 to €421
- Gross operating margin +€26,265
up €26,265 (+65.2%), from €40,264 to €66,529
- Taxes +€10,590
up €10,590 (+161%), from €6,567 to €17,157
- Depreciation -€2,144
down €2,144 (-35.6%), from €6,015 to €3,871
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 | €50,853 | €103,251 | +€52,398 | +103% |
| Fixed assets | 21/28 | €5,219 | €2,567 | -€2,652 | -50.8% |
| Intangible fixed assets | 21 | €5,219 | €1,468 | -€3,751 | -71.9% |
| Tangible fixed assets | 22/27 | - | €1,099 | +€1,099 | |
| Furniture and vehicles | 24 | - | €1,099 | +€1,099 | |
| Current assets | 29/58 | €45,634 | €100,684 | +€55,050 | +121% |
| Amounts receivable within one year | 40/41 | €24,252 | €16,368 | -€7,884 | -32.5% |
| Trade receivables | 40 | €24,252 | €15,889 | -€8,363 | -34.5% |
| Other amounts receivable | 41 | - | €479 | +€479 | |
| Cash at bank and in hand | 54/58 | €21,382 | €63,113 | +€41,731 | +195% |
| Deferred charges and accrued income | 490/1 | - | €21,203 | +€21,203 | |
| Total equity and liabilities | 10/49 | €50,853 | €103,251 | +€52,398 | +103% |
| Equity | 10/15 | €31,935 | €74,240 | +€42,305 | +132% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,935 | €69,240 | +€42,305 | +157% |
| Distributable reserves | 133 | €26,935 | €69,240 | +€42,305 | +157% |
| Amounts payable | 17/49 | €18,918 | €29,011 | +€10,094 | +53.4% |
| Amounts payable within one year | 42/48 | €18,918 | €29,011 | +€10,094 | +53.4% |
| Financial debts | 43 | - | €179 | +€179 | |
| Credit institutions | 430/8 | - | €179 | +€179 | |
| Trade debts | 44 | €6,292 | €421 | -€5,871 | -93.3% |
| Suppliers | 440/4 | €6,292 | €421 | -€5,871 | -93.3% |
| Taxes, remuneration and social security | 45 | €12,625 | €28,411 | +€15,786 | +125% |
| Taxes | 450/3 | €12,625 | €28,411 | +€15,786 | +125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,015 | €3,871 | -€2,144 | -35.6% |
| Other operating charges | 640/8 | €268 | €120 | -€148 | -55.2% |
| Gross operating margin | 9900 | €40,264 | €66,529 | +€26,265 | +65.2% |
| Operating profit (loss) | 9901 | €33,981 | €62,539 | +€28,557 | +84.0% |
| Financial income | 75/76B | €17 | €0 | -€17 | -99.9% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -99.9% |
| Financial charges | 65/66B | €496 | €465 | -€31 | -6.2% |
| Recurring financial charges | 65 | €496 | €465 | -€31 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €33,502 | €62,074 | +€28,571 | +85.3% |
| Income taxes | 67/77 | €6,567 | €17,157 | +€10,590 | +161% |
| Profit (loss) for the period | 9904 | €26,935 | €44,917 | +€17,982 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,935 | €44,917 | +€17,982 | +66.8% |
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 14 October 2026 via checked.be.