Mil'Impact: 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'Impact
Largest movements
- Receivables within one year +€34,097
up €34,097 (+152%), from €22,403 to €56,500
of which Trade receivables: +€24,947
- Cash +€32,592
up €32,592 (+84.3%), from €38,683 to €71,275
mainly Accrued charges and deferred income (+€40,000) and Net result for the year (+€31,063)
- Deferred charges and accrued income -€6,514
down €6,514 (-56.2%), from €11,599 to €5,085
- Tangible fixed assets -€2,765
down €2,765 (-29.1%), from €9,492 to €6,727
of which Furniture and vehicles: -€2,023
- Accrued charges and deferred income +€40,000
new in 2025: €40,000
- Profit (loss) carried forward +€31,063
up €31,063 (+400%), from €7,758 to €38,822
- Other debts -€11,152
down €11,152 (-67.4%), from €16,555 to €5,402
- Tax, wage and social debts -€1,411
down €1,411 (-37.6%), from €3,753 to €2,342
- Gross operating margin +€33,118
up €33,118 (+264%), from €12,557 to €45,675
- Taxes +€6,818
up €6,818 (+196%), from €3,483 to €10,301
- Other operating charges -€1,263
down €1,263 (-48.8%), from €2,589 to €1,326
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 | €82,178 | €139,587 | +€57,409 | +69.9% |
| Fixed assets | 21/28 | €9,492 | €6,727 | -€2,765 | -29.1% |
| Tangible fixed assets | 22/27 | €9,492 | €6,727 | -€2,765 | -29.1% |
| Furniture and vehicles | 24 | €3,677 | €1,654 | -€2,023 | -55.0% |
| Other tangible fixed assets | 26 | €5,815 | €5,073 | -€742 | -12.8% |
| Current assets | 29/58 | €72,685 | €132,860 | +€60,175 | +82.8% |
| Amounts receivable within one year | 40/41 | €22,403 | €56,500 | +€34,097 | +152% |
| Trade receivables | 40 | €22,403 | €47,350 | +€24,947 | +111% |
| Other amounts receivable | 41 | - | €9,150 | +€9,150 | |
| Cash at bank and in hand | 54/58 | €38,683 | €71,275 | +€32,592 | +84.3% |
| Deferred charges and accrued income | 490/1 | €11,599 | €5,085 | -€6,514 | -56.2% |
| Total equity and liabilities | 10/49 | €82,178 | €139,587 | +€57,409 | +69.9% |
| Equity | 10/15 | €55,258 | €86,322 | +€31,063 | +56.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,758 | €38,822 | +€31,063 | +400% |
| Amounts payable | 17/49 | €26,919 | €53,265 | +€26,346 | +97.9% |
| Amounts payable within one year | 42/48 | €26,919 | €13,265 | -€13,654 | -50.7% |
| Financial debts | 43 | €86 | €0 | -€86 | -100% |
| Credit institutions | 430/8 | €86 | €0 | -€86 | -100% |
| Trade debts | 44 | €6,526 | €5,521 | -€1,004 | -15.4% |
| Suppliers | 440/4 | €6,526 | €5,521 | -€1,004 | -15.4% |
| Taxes, remuneration and social security | 45 | €3,753 | €2,342 | -€1,411 | -37.6% |
| Taxes | 450/3 | €3,753 | €2,342 | -€1,411 | -37.6% |
| Other amounts payable | 47/48 | €16,555 | €5,402 | -€11,152 | -67.4% |
| Accrued charges and deferred income | 492/3 | - | €40,000 | +€40,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,901 | €2,765 | -€136 | -4.7% |
| Other operating charges | 640/8 | €2,589 | €1,326 | -€1,263 | -48.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €12,557 | €45,675 | +€33,118 | +264% |
| Operating profit (loss) | 9901 | €7,068 | €41,584 | +€34,516 | +488% |
| Financial income | 75/76B | €2 | €3 | +€1 | +60.4% |
| Recurring financial income | 75 | €2 | €3 | +€1 | +60.4% |
| Financial charges | 65/66B | €196 | €222 | +€27 | +13.7% |
| Recurring financial charges | 65 | €196 | €222 | +€27 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €6,874 | €41,365 | +€34,491 | +502% |
| Income taxes | 67/77 | €3,483 | €10,301 | +€6,818 | +196% |
| Profit (loss) for the period | 9904 | €3,391 | €31,063 | +€27,673 | +816% |
| Profit (loss) for the period to be appropriated | 9905 | €3,391 | €31,063 | +€27,673 | +816% |
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 16 October 2026 via checked.be.