Het Millimeterke: 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.
Het Millimeterke
Largest movements
- Stocks and contracts +€21,856
up €21,856 (+1,910%), from €1,145 to €23,000
- Tangible fixed assets +€16,965
up €16,965 (+28.0%), from €60,629 to €77,595
of which Furniture and vehicles: +€31,987
- Cash +€16,362
new in 2025: €16,362
mainly Net result for the year (+€42,996) and Depreciation (+€20,142)
- Receivables within one year +€2,605
up €2,605 (+12.1%), from €21,469 to €24,074
of which Other amounts receivable: +€3,704
- Reserves +€41,330
up €41,330 (+275%), from €15,035 to €56,364
- Tax, wage and social debts +€7,964
up €7,964 (+178%), from €4,473 to €12,437
of which Taxes: +€6,388
- Other debts -€7,448
down €7,448 (-54.6%), from €13,638 to €6,189
- Short-term financial debts +€5,709
up €5,709 (+278%), from €2,051 to €7,760
- Debts after one year +€5,695
up €5,695 (+21.2%), from €26,864 to €32,559
- Gross operating margin +€46,868
up €46,868 (+133%), from €35,345 to €82,213
- Taxes +€10,547
up €10,547 (+505%), from €2,088 to €12,635
- Depreciation -€4,636
down €4,636 (-18.7%), from €24,779 to €20,142
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 | €89,852 | €148,314 | +€58,463 | +65.1% |
| Fixed assets | 21/28 | €64,259 | €81,225 | +€16,965 | +26.4% |
| Tangible fixed assets | 22/27 | €60,629 | €77,595 | +€16,965 | +28.0% |
| Plant, machinery and equipment | 23 | €31,976 | €21,301 | -€10,676 | -33.4% |
| Furniture and vehicles | 24 | €1,664 | €33,652 | +€31,987 | +1,922% |
| Other tangible fixed assets | 26 | €26,989 | €22,643 | -€4,346 | -16.1% |
| Financial fixed assets | 28 | €3,630 | €3,630 | = | 0.0% |
| Current assets | 29/58 | €25,592 | €67,089 | +€41,497 | +162% |
| Stocks and contracts in progress | 3 | €1,145 | €23,000 | +€21,856 | +1,910% |
| Stocks | 30/36 | €1,145 | €23,000 | +€21,856 | +1,910% |
| Amounts receivable within one year | 40/41 | €21,469 | €24,074 | +€2,605 | +12.1% |
| Trade receivables | 40 | €16,767 | €15,668 | -€1,099 | -6.6% |
| Other amounts receivable | 41 | €4,702 | €8,406 | +€3,704 | +78.8% |
| Cash at bank and in hand | 54/58 | - | €16,362 | +€16,362 | |
| Deferred charges and accrued income | 490/1 | €2,978 | €3,653 | +€675 | +22.7% |
| Total equity and liabilities | 10/49 | €89,852 | €148,314 | +€58,463 | +65.1% |
| Equity | 10/15 | €17,535 | €58,864 | +€41,330 | +236% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €15,035 | €56,364 | +€41,330 | +275% |
| Distributable reserves | 133 | €15,035 | €56,364 | +€41,330 | +275% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,317 | €89,450 | +€17,133 | +23.7% |
| Amounts payable after more than one year | 17 | €26,864 | €32,559 | +€5,695 | +21.2% |
| Financial debts | 170/4 | €26,864 | €32,559 | +€5,695 | +21.2% |
| Amounts payable within one year | 42/48 | €45,454 | €56,891 | +€11,438 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €13,659 | €18,535 | +€4,876 | +35.7% |
| Financial debts | 43 | €2,051 | €7,760 | +€5,709 | +278% |
| Credit institutions | 430/8 | €2,051 | €7,760 | +€5,709 | +278% |
| Trade debts | 44 | €11,633 | €11,970 | +€337 | +2.9% |
| Suppliers | 440/4 | €11,633 | €11,970 | +€337 | +2.9% |
| Taxes, remuneration and social security | 45 | €4,473 | €12,437 | +€7,964 | +178% |
| Taxes | 450/3 | €3,335 | €9,723 | +€6,388 | +192% |
| Remuneration and social security | 454/9 | €1,138 | €2,713 | +€1,575 | +138% |
| Other amounts payable | 47/48 | €13,638 | €6,189 | -€7,448 | -54.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €7,550 | +€7,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,779 | €20,142 | -€4,636 | -18.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,382 | €3,944 | -€437 | -10.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €35,345 | €82,213 | +€46,868 | +133% |
| Operating profit (loss) | 9901 | €6,185 | €58,127 | +€51,941 | +840% |
| Financial income | 75/76B | €46 | €216 | +€170 | +371% |
| Recurring financial income | 75 | €46 | €216 | +€170 | +371% |
| Financial charges | 65/66B | €3,043 | €2,712 | -€331 | -10.9% |
| Recurring financial charges | 65 | €3,043 | €2,712 | -€331 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €3,188 | €55,631 | +€52,442 | +1,645% |
| Income taxes | 67/77 | €2,088 | €12,635 | +€10,547 | +505% |
| Profit (loss) for the period | 9904 | €1,100 | €42,996 | +€41,895 | +3,808% |
| Profit (loss) for the period to be appropriated | 9905 | €1,100 | €42,996 | +€41,895 | +3,808% |
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 13 October 2026 via checked.be.