Mila & James.: 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 & James.
Largest movements
- Cash +€3,546
up €3,546 (+216%), from €1,643 to €5,189
mainly Net result for the year (+€17,129) and Depreciation (+€1,583)
- Tangible fixed assets -€1,583
down €1,583 (-69.9%), from €2,264 to €681
- Receivables within one year -€1,064
down €1,064 (-11.0%), from €9,650 to €8,586
of which Trade receivables: -€5,786
- Deferred charges and accrued income -€596
down €596 (-76.4%), from €780 to €184
- Profit (loss) carried forward +€17,129
up €17,129 (+9.7%), from -€176,447 to -€159,318
- Debts after one year -€9,733
down €9,733 (-30.4%), from €32,060 to €22,327
- Other debts -€4,924
down €4,924 (-6.0%), from €82,179 to €77,255
- Tax, wage and social debts -€2,601
down €2,601 (-61.4%), from €4,236 to €1,636
- Trade debts +€177
up €177 (+6.6%), from €2,691 to €2,868
- Gross operating margin -€37,372
down €37,372 (-65.1%), from €57,438 to €20,066
- Other operating charges -€1,289
down €1,289 (-71.4%), from €1,805 to €515
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 | €14,337 | €14,640 | +€303 | +2.1% |
| Fixed assets | 21/28 | €2,264 | €681 | -€1,583 | -69.9% |
| Tangible fixed assets | 22/27 | €2,264 | €681 | -€1,583 | -69.9% |
| Furniture and vehicles | 24 | €2,264 | €681 | -€1,583 | -69.9% |
| Current assets | 29/58 | €12,073 | €13,959 | +€1,886 | +15.6% |
| Amounts receivable within one year | 40/41 | €9,650 | €8,586 | -€1,064 | -11.0% |
| Trade receivables | 40 | €9,650 | €3,863 | -€5,786 | -60.0% |
| Other amounts receivable | 41 | - | €4,722 | +€4,722 | |
| Cash at bank and in hand | 54/58 | €1,643 | €5,189 | +€3,546 | +216% |
| Deferred charges and accrued income | 490/1 | €780 | €184 | -€596 | -76.4% |
| Total equity and liabilities | 10/49 | €14,337 | €14,640 | +€303 | +2.1% |
| Equity | 10/15 | -€116,447 | -€99,318 | +€17,129 | +14.7% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€176,447 | -€159,318 | +€17,129 | +9.7% |
| Amounts payable | 17/49 | €130,784 | €113,958 | -€16,826 | -12.9% |
| Amounts payable after more than one year | 17 | €32,060 | €22,327 | -€9,733 | -30.4% |
| Financial debts | 170/4 | €32,060 | €22,327 | -€9,733 | -30.4% |
| Amounts payable within one year | 42/48 | €98,724 | €91,492 | -€7,232 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €9,618 | €9,733 | +€115 | +1.2% |
| Trade debts | 44 | €2,691 | €2,868 | +€177 | +6.6% |
| Suppliers | 440/4 | €2,691 | €2,868 | +€177 | +6.6% |
| Taxes, remuneration and social security | 45 | €4,236 | €1,636 | -€2,601 | -61.4% |
| Taxes | 450/3 | €4,236 | €1,636 | -€2,601 | -61.4% |
| Other amounts payable | 47/48 | €82,179 | €77,255 | -€4,924 | -6.0% |
| Accrued charges and deferred income | 492/3 | - | €140 | +€140 | |
| Remuneration, social security and pensions | 62 | €438 | - | -€438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,583 | €1,583 | = | 0.0% |
| Other operating charges | 640/8 | €1,805 | €515 | -€1,289 | -71.4% |
| Gross operating margin | 9900 | €57,438 | €20,066 | -€37,372 | -65.1% |
| Operating profit (loss) | 9901 | €53,612 | €17,967 | -€35,645 | -66.5% |
| Financial income | 75/76B | €0 | €11 | +€11 | +3,790% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +3,790% |
| Financial charges | 65/66B | €1,046 | €850 | -€196 | -18.7% |
| Recurring financial charges | 65 | €1,046 | €850 | -€196 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €52,566 | €17,129 | -€35,437 | -67.4% |
| Profit (loss) for the period | 9904 | €52,566 | €17,129 | -€35,437 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,566 | €17,129 | -€35,437 | -67.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.