Happy Nest MiLo: 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.
Happy Nest MiLo
Largest movements
- Receivables within one year +€14,091
up €14,091 (+67.9%), from €20,748 to €34,839
- Cash +€3,902
up €3,902 (+175%), from €2,232 to €6,133
mainly Net result for the year (+€40,389) and Depreciation (+€1,431)
- Profit (loss) carried forward +€40,389
up €40,389 (+37.2%), from -€108,558 to -€68,169
- Other debts -€13,847
down €13,847 (-19.3%), from €71,815 to €57,968
- Tax, wage and social debts -€4,898
down €4,898 (-13.3%), from €36,771 to €31,873
of which Remuneration and social security: -€9,049
- Trade debts -€2,956
down €2,956 (-72.4%), from €4,081 to €1,125
- Accrued charges and deferred income -€939
no longer reported in 2025 (was €939)
- Staff costs -€11,289
down €11,289 (-93.3%), from €12,100 to €812
- Gross operating margin +€3,826
up €3,826 (+9.3%), from €41,204 to €45,030
- Other operating charges -€2,432
down €2,432 (-80.4%), from €3,024 to €592
- Taxes +€1,542
new in 2025: €1,542
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 | €25,048 | €42,797 | +€17,749 | +70.9% |
| Fixed assets | 21/28 | €2,068 | €1,735 | -€333 | -16.1% |
| Tangible fixed assets | 22/27 | €2,068 | €1,735 | -€333 | -16.1% |
| Plant, machinery and equipment | 23 | €233 | €10 | -€223 | -95.8% |
| Furniture and vehicles | 24 | €1,835 | €1,725 | -€110 | -6.0% |
| Current assets | 29/58 | €22,980 | €41,062 | +€18,082 | +78.7% |
| Amounts receivable within one year | 40/41 | €20,748 | €34,839 | +€14,091 | +67.9% |
| Other amounts receivable | 41 | €20,748 | €34,839 | +€14,091 | +67.9% |
| Cash at bank and in hand | 54/58 | €2,232 | €6,133 | +€3,902 | +175% |
| Deferred charges and accrued income | 490/1 | - | €89 | +€89 | |
| Total equity and liabilities | 10/49 | €25,048 | €42,797 | +€17,749 | +70.9% |
| Equity | 10/15 | -€88,558 | -€48,169 | +€40,389 | +45.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,558 | -€68,169 | +€40,389 | +37.2% |
| Amounts payable | 17/49 | €113,606 | €90,966 | -€22,640 | -19.9% |
| Amounts payable within one year | 42/48 | €112,667 | €90,966 | -€21,701 | -19.3% |
| Trade debts | 44 | €4,081 | €1,125 | -€2,956 | -72.4% |
| Suppliers | 440/4 | €4,081 | €1,125 | -€2,956 | -72.4% |
| Taxes, remuneration and social security | 45 | €36,771 | €31,873 | -€4,898 | -13.3% |
| Taxes | 450/3 | €55 | €4,206 | +€4,151 | +7,609% |
| Remuneration and social security | 454/9 | €36,716 | €27,667 | -€9,049 | -24.6% |
| Other amounts payable | 47/48 | €71,815 | €57,968 | -€13,847 | -19.3% |
| Accrued charges and deferred income | 492/3 | €939 | - | -€939 | |
| Non-recurring operating income | 76A | €23,196 | €11,693 | -€11,503 | -49.6% |
| Remuneration, social security and pensions | 62 | €12,100 | €812 | -€11,289 | -93.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,678 | €1,431 | -€246 | -14.7% |
| Other operating charges | 640/8 | €3,024 | €592 | -€2,432 | -80.4% |
| Gross operating margin | 9900 | €41,204 | €45,030 | +€3,826 | +9.3% |
| Operating profit (loss) | 9901 | €24,402 | €42,195 | +€17,794 | +72.9% |
| Financial income | 75/76B | €0 | €205 | +€204 | +47,542% |
| Recurring financial income | 75 | €0 | €205 | +€204 | +47,542% |
| Financial charges | 65/66B | €155 | €469 | +€314 | +203% |
| Recurring financial charges | 65 | €155 | €469 | +€314 | +203% |
| Profit (loss) for the period before taxes | 9903 | €24,247 | €41,931 | +€17,684 | +72.9% |
| Income taxes | 67/77 | - | €1,542 | +€1,542 | |
| Profit (loss) for the period | 9904 | €24,247 | €40,389 | +€16,142 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,247 | €40,389 | +€16,142 | +66.6% |
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 31 October 2026 via checked.be.