MILA: 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.
MILA
Largest movements
- Cash +€944,072
up €944,072 (+85.2%), from €1.1m to €2.1m
mainly Current investments (+€750,000) and Net result for the year (+€447,531)
- Current investments -€750,000
no longer reported in 2025 (was €750,000)
- Receivables within one year +€151,071
up €151,071 (+8.0%), from €1.9m to €2.0m
of which Other amounts receivable: +€140,295
- Tangible fixed assets +€44,861
up €44,861 (+60.7%), from €73,947 to €118,809
of which Furniture and vehicles: +€27,080
- Reserves +€270,000
up €270,000 (+16.1%), from €1.7m to €1.9m
- Advances received -€204,382
no longer reported in 2025 (was €204,382)
- Other debts +€177,727
up €177,727 (+25.3%), from €702,090 to €879,817
- Trade debts +€65,824
up €65,824 (+10.8%), from €612,148 to €677,973
- Tax, wage and social debts -€56,879
down €56,879 (-55.9%), from €101,741 to €44,861
of which Taxes: -€75,567
- Gross operating margin -€331,447
down €331,447 (-30.4%), from €1.1m to €759,334
- Write-downs -€88,283
down €88,283, from €44,142 to -€44,142
- Taxes -€58,125
down €58,125 (-22.1%), from €263,482 to €205,357
- Staff costs +€49,467
up €49,467 (+36.5%), from €135,642 to €185,109
- Financial income +€41,433
up €41,433 (+42.7%), from €96,937 to €138,369
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 | €3,837,426 | €4,223,473 | +€386,047 | +10.1% |
| Fixed assets | 21/28 | €73,947 | €118,809 | +€44,861 | +60.7% |
| Tangible fixed assets | 22/27 | €73,947 | €118,809 | +€44,861 | +60.7% |
| Land and buildings | 22 | €24,072 | €20,122 | -€3,949 | -16.4% |
| Plant, machinery and equipment | 23 | €9,994 | €31,725 | +€21,731 | +217% |
| Furniture and vehicles | 24 | €39,882 | €66,961 | +€27,080 | +67.9% |
| Current assets | 29/58 | €3,763,478 | €4,104,664 | +€341,186 | +9.1% |
| Amounts receivable within one year | 40/41 | €1,892,775 | €2,043,846 | +€151,071 | +8.0% |
| Trade receivables | 40 | €1,597,616 | €1,608,391 | +€10,776 | +0.7% |
| Other amounts receivable | 41 | €295,160 | €435,455 | +€140,295 | +47.5% |
| Current investments | 50/53 | €750,000 | - | -€750,000 | |
| Cash at bank and in hand | 54/58 | €1,108,308 | €2,052,380 | +€944,072 | +85.2% |
| Deferred charges and accrued income | 490/1 | €12,395 | €8,438 | -€3,957 | -31.9% |
| Total equity and liabilities | 10/49 | €3,837,426 | €4,223,473 | +€386,047 | +10.1% |
| Equity | 10/15 | €2,212,997 | €2,510,528 | +€297,531 | +13.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,673,360 | €1,943,360 | +€270,000 | +16.1% |
| Distributable reserves | 133 | €1,673,360 | €1,943,360 | +€270,000 | +16.1% |
| Profit (loss) carried forward | 14 | €521,045 | €548,576 | +€27,531 | +5.3% |
| Amounts payable | 17/49 | €1,624,428 | €1,712,945 | +€88,517 | +5.4% |
| Amounts payable after more than one year | 17 | - | €41,891 | +€41,891 | |
| Financial debts | 170/4 | - | €41,891 | +€41,891 | |
| Amounts payable within one year | 42/48 | €1,620,361 | €1,613,716 | -€6,645 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | - | €11,065 | +€11,065 | |
| Trade debts | 44 | €612,148 | €677,973 | +€65,824 | +10.8% |
| Suppliers | 440/4 | €612,148 | €677,973 | +€65,824 | +10.8% |
| Advances received on contracts in progress | 46 | €204,382 | - | -€204,382 | |
| Taxes, remuneration and social security | 45 | €101,741 | €44,861 | -€56,879 | -55.9% |
| Taxes | 450/3 | €94,569 | €19,002 | -€75,567 | -79.9% |
| Remuneration and social security | 454/9 | €7,171 | €25,860 | +€18,688 | +261% |
| Other amounts payable | 47/48 | €702,090 | €879,817 | +€177,727 | +25.3% |
| Accrued charges and deferred income | 492/3 | €4,067 | €57,338 | +€53,271 | +1,310% |
| Remuneration, social security and pensions | 62 | €135,642 | €185,109 | +€49,467 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,644 | €20,126 | -€2,518 | -11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €44,142 | -€44,142 | -€88,283 | |
| Other operating charges | 640/8 | €8,500 | €10,466 | +€1,966 | +23.1% |
| Gross operating margin | 9900 | €1,090,781 | €759,334 | -€331,447 | -30.4% |
| Operating profit (loss) | 9901 | €879,853 | €587,774 | -€292,079 | -33.2% |
| Financial income | 75/76B | €96,937 | €138,369 | +€41,433 | +42.7% |
| Recurring financial income | 75 | €96,937 | €138,369 | +€41,433 | +42.7% |
| Financial charges | 65/66B | €62,598 | €73,256 | +€10,657 | +17.0% |
| Recurring financial charges | 65 | €62,598 | €67,900 | +€5,302 | +8.5% |
| Non-recurring financial charges | 66B | - | €5,356 | +€5,356 | |
| Profit (loss) for the period before taxes | 9903 | €914,192 | €652,888 | -€261,304 | -28.6% |
| Income taxes | 67/77 | €263,482 | €205,357 | -€58,125 | -22.1% |
| Profit (loss) for the period | 9904 | €650,710 | €447,531 | -€203,179 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €650,710 | €447,531 | -€203,179 | -31.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.