Mil Consult: 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.
Mil Consult
Largest movements
- Tangible fixed assets +€35,212
up €35,212 (+188.3%), from €18,702 to €53,914
of which Furniture and vehicles: +€34,936
- Deferred charges and accrued income -€12,900
down €12,900 (-85.1%), from €15,151 to €2,251
- Receivables within one year -€5,584
down €5,584 (-18.7%), from €29,798 to €24,214
of which Other amounts receivable: -€15,252
- Cash +€1,447
up €1,447 (+22.4%), from €6,472 to €7,919
mainly Debts after one year (+€25,664) and Deferred charges and accrued income (+€12,900)
- Debts after one year +€25,664
new in 2025: €25,664
- Reserves -€14,455
down €14,455 (-34.5%), from €41,885 to €27,429
- Current portion of long-term debt +€6,895
new in 2025: €6,895
- Trade debts +€3,810
up €3,810 (+169.4%), from €2,249 to €6,060
- Short-term financial debts -€3,261
down €3,261 (-100.0%), from €3,261 to €0
- Gross operating margin +€15,068
up €15,068 (+108.1%), from €13,944 to €29,012
- Depreciation +€6,770
up €6,770 (+180.5%), from €3,750 to €10,520
- Other operating charges -€3,976
down €3,976 (-59.4%), from €6,697 to €2,720
- Write-downs +€2,493
new in 2025: €2,493
- Taxes +€2,415
up €2,415 (+63.9%), from €3,779 to €6,194
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.
Cash bridge derived
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 | €70,774 | €88,948 | +€18,174 | +25.7% |
| Fixed assets | 21/28 | €19,352 | €54,564 | +€35,212 | +181.9% |
| Tangible fixed assets | 22/27 | €18,702 | €53,914 | +€35,212 | +188.3% |
| Plant, machinery and equipment | 23 | €2,194 | €3,347 | +€1,153 | +52.5% |
| Furniture and vehicles | 24 | €2,308 | €37,244 | +€34,936 | +1513.6% |
| Other tangible fixed assets | 26 | €13,708 | €12,831 | -€877 | -6.4% |
| Assets under construction and advance payments | 27 | €492 | €492 | = | 0.0% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €51,421 | €34,384 | -€17,037 | -33.1% |
| Amounts receivable within one year | 40/41 | €29,798 | €24,214 | -€5,584 | -18.7% |
| Trade receivables | 40 | €6,214 | €15,881 | +€9,668 | +155.6% |
| Other amounts receivable | 41 | €23,585 | €8,333 | -€15,252 | -64.7% |
| Cash at bank and in hand | 54/58 | €6,472 | €7,919 | +€1,447 | +22.4% |
| Deferred charges and accrued income | 490/1 | €15,151 | €2,251 | -€12,900 | -85.1% |
| Total equity and liabilities | 10/49 | €70,774 | €88,948 | +€18,174 | +25.7% |
| Equity | 10/15 | €43,385 | €28,929 | -€14,455 | -33.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €41,885 | €27,429 | -€14,455 | -34.5% |
| Distributable reserves | 133 | €41,885 | €27,429 | -€14,455 | -34.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €27,389 | €60,019 | +€32,630 | +119.1% |
| Amounts payable after more than one year | 17 | - | €25,664 | +€25,664 | |
| Financial debts | 170/4 | - | €25,664 | +€25,664 | |
| Amounts payable within one year | 42/48 | €23,327 | €32,738 | +€9,411 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,895 | +€6,895 | |
| Financial debts | 43 | €3,261 | €0 | -€3,261 | -100.0% |
| Credit institutions | 430/8 | €3,261 | €0 | -€3,261 | -100.0% |
| Trade debts | 44 | €2,249 | €6,060 | +€3,810 | +169.4% |
| Suppliers | 440/4 | €2,249 | €6,060 | +€3,810 | +169.4% |
| Taxes, remuneration and social security | 45 | €17,816 | €19,783 | +€1,966 | +11.0% |
| Taxes | 450/3 | €17,816 | €19,783 | +€1,966 | +11.0% |
| Accrued charges and deferred income | 492/3 | €4,062 | €1,617 | -€2,445 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,750 | €10,520 | +€6,770 | +180.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,493 | +€2,493 | |
| Other operating charges | 640/8 | €6,697 | €2,720 | -€3,976 | -59.4% |
| Gross operating margin | 9900 | €13,944 | €29,012 | +€15,068 | +108.1% |
| Operating profit (loss) | 9901 | €3,498 | €13,279 | +€9,781 | +279.6% |
| Financial income | 75/76B | €483 | €735 | +€252 | +52.3% |
| Recurring financial income | 75 | €483 | €735 | +€252 | +52.3% |
| Financial charges | 65/66B | €168 | €2,275 | +€2,107 | +1251.9% |
| Recurring financial charges | 65 | €168 | €2,275 | +€2,107 | +1251.9% |
| Profit (loss) for the period before taxes | 9903 | €3,812 | €11,738 | +€7,926 | +207.9% |
| Income taxes | 67/77 | €3,779 | €6,194 | +€2,415 | +63.9% |
| Profit (loss) for the period | 9904 | €33 | €5,545 | +€5,511 | +16535.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33 | €5,545 | +€5,511 | +16535.2% |
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 9 October 2026 via checked.be.