MILA FINANCES: 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 FINANCES
Largest movements
- Receivables after one year -€428,025
no longer reported in 2025 (was €428,025)
- Cash +€350,249
up €350,249 (+979%), from €35,789 to €386,038
mainly Receivables after one year (+€428,025) and Net result for the year (+€301,386)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Intangible fixed assets -€45,575
down €45,575 (-18.5%), from €246,803 to €201,228
- Deferred charges and accrued income +€26,330
up €26,330 (+24.9%), from €105,618 to €131,948
- Reserves -€427,623
down €427,623 (-45.2%), from €946,246 to €518,623
of which Distributable reserves: -€425,236
- Other debts +€186,213
new in 2025: €186,213
- Trade debts +€30,760
up €30,760 (+396%), from €7,776 to €38,536
- Debts after one year -€30,093
down €30,093 (-10.7%), from €281,823 to €251,729
- Tax, wage and social debts +€16,086
up €16,086 (+18.8%), from €85,748 to €101,834
of which Taxes: +€20,326
- Gross operating margin +€82,560
up €82,560 (+11.6%), from €709,658 to €792,218
- Staff costs +€23,604
up €23,604 (+9.2%), from €256,076 to €279,680
- Depreciation +€13,988
up €13,988 (+16.1%), from €87,020 to €101,008
- Other operating charges -€11,267
down €11,267 (-86.0%), from €13,105 to €1,838
- Taxes -€8,733
down €8,733 (-7.9%), from €110,310 to €101,577
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 | €1,418,427 | €1,194,461 | -€223,966 | -15.8% |
| Fixed assets | 21/28 | €531,713 | €509,387 | -€22,326 | -4.2% |
| Intangible fixed assets | 21 | €246,803 | €201,228 | -€45,575 | -18.5% |
| Tangible fixed assets | 22/27 | €283,874 | €307,123 | +€23,249 | +8.2% |
| Furniture and vehicles | 24 | €29,936 | €57,615 | +€27,679 | +92.5% |
| Other tangible fixed assets | 26 | €253,938 | €249,509 | -€4,430 | -1.7% |
| Financial fixed assets | 28 | €1,036 | €1,036 | = | 0.0% |
| Current assets | 29/58 | €886,714 | €685,075 | -€201,640 | -22.7% |
| Amounts receivable after more than one year | 29 | €428,025 | - | -€428,025 | |
| Trade receivables | 290 | €428,025 | - | -€428,025 | |
| Amounts receivable within one year | 40/41 | €167,282 | €167,089 | -€194 | -0.1% |
| Other amounts receivable | 41 | €167,282 | €167,089 | -€194 | -0.1% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €35,789 | €386,038 | +€350,249 | +979% |
| Deferred charges and accrued income | 490/1 | €105,618 | €131,948 | +€26,330 | +24.9% |
| Total equity and liabilities | 10/49 | €1,418,427 | €1,194,461 | -€223,966 | -15.8% |
| Equity | 10/15 | €965,966 | €538,343 | -€427,623 | -44.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €946,246 | €518,623 | -€427,623 | -45.2% |
| Tax-exempt reserves | 132 | €16,707 | €14,320 | -€2,387 | -14.3% |
| Distributable reserves | 133 | €929,539 | €504,302 | -€425,236 | -45.7% |
| Profit (loss) carried forward | 14 | €1,120 | €1,120 | = | 0.0% |
| Provisions and deferred taxes | 16 | €4,177 | €3,580 | -€597 | -14.3% |
| Deferred taxes | 168 | €4,177 | €3,580 | -€597 | -14.3% |
| Amounts payable | 17/49 | €448,284 | €652,538 | +€204,254 | +45.6% |
| Amounts payable after more than one year | 17 | €281,823 | €251,729 | -€30,093 | -10.7% |
| Financial debts | 170/4 | €281,823 | €251,729 | -€30,093 | -10.7% |
| Amounts payable within one year | 42/48 | €153,462 | €399,991 | +€246,529 | +161% |
| Current portion of amounts payable after more than one year | 42 | €59,938 | €73,408 | +€13,470 | +22.5% |
| Trade debts | 44 | €7,776 | €38,536 | +€30,760 | +396% |
| Suppliers | 440/4 | €7,776 | €38,536 | +€30,760 | +396% |
| Taxes, remuneration and social security | 45 | €85,748 | €101,834 | +€16,086 | +18.8% |
| Taxes | 450/3 | €51,950 | €72,276 | +€20,326 | +39.1% |
| Remuneration and social security | 454/9 | €33,798 | €29,558 | -€4,240 | -12.5% |
| Other amounts payable | 47/48 | - | €186,213 | +€186,213 | |
| Accrued charges and deferred income | 492/3 | €13,000 | €818 | -€12,182 | -93.7% |
| Remuneration, social security and pensions | 62 | €256,076 | €279,680 | +€23,604 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,020 | €101,008 | +€13,988 | +16.1% |
| Other operating charges | 640/8 | €13,105 | €1,838 | -€11,267 | -86.0% |
| Gross operating margin | 9900 | €709,658 | €792,218 | +€82,560 | +11.6% |
| Operating profit (loss) | 9901 | €353,457 | €409,692 | +€56,234 | +15.9% |
| Financial income | 75/76B | €5,675 | €8,293 | +€2,617 | +46.1% |
| Recurring financial income | 75 | €5,675 | €8,293 | +€2,617 | +46.1% |
| Financial charges | 65/66B | €13,449 | €15,618 | +€2,169 | +16.1% |
| Recurring financial charges | 65 | €13,449 | €15,618 | +€2,169 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €345,683 | €402,366 | +€56,683 | +16.4% |
| Transfer from deferred taxes | 780 | €597 | €597 | = | 0.0% |
| Income taxes | 67/77 | €110,310 | €101,577 | -€8,733 | -7.9% |
| Profit (loss) for the period | 9904 | €235,970 | €301,386 | +€65,415 | +27.7% |
| Transfer from tax-exempt reserves | 789 | €2,387 | €2,387 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €238,357 | €303,772 | +€65,415 | +27.4% |
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 29 October 2026 via checked.be.