Milaa: 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.
Milaa
Largest movements
- Cash -€155,055
down €155,055 (-31.3%), from €495,595 to €340,541
mainly Contributions, distributions and other (-€385,076) and Receivables within one year (-€120,554)
- Receivables within one year +€120,554
up €120,554 (+43.7%), from €275,797 to €396,351
of which Other amounts receivable: +€116,860
- Deferred charges and accrued income +€23,520
up €23,520 (+242%), from €9,731 to €33,251
- Tangible fixed assets +€12,840
up €12,840 (+258%), from €4,974 to €17,814
of which Other tangible fixed assets: +€11,001
- Profit (loss) carried forward -€143,703
down €143,703 (-25.4%), from €565,546 to €421,843
- Tax, wage and social debts +€126,187
up €126,187 (+71.9%), from €175,492 to €301,679
of which Taxes: +€91,896
- Trade debts +€18,253
up €18,253 (+43.2%), from €42,276 to €60,529
- Staff costs +€71,543
up €71,543 (+21.8%), from €328,004 to €399,547
- Gross operating margin +€31,328
up €31,328 (+4.5%), from €692,570 to €723,898
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 | €787,314 | €788,051 | +€737 | +0.1% |
| Fixed assets | 21/28 | €6,191 | €17,908 | +€11,717 | +189% |
| Intangible fixed assets | 21 | €1,217 | €94 | -€1,123 | -92.3% |
| Tangible fixed assets | 22/27 | €4,974 | €17,814 | +€12,840 | +258% |
| Plant, machinery and equipment | 23 | €1,534 | €365 | -€1,169 | -76.2% |
| Furniture and vehicles | 24 | - | €3,008 | +€3,008 | |
| Other tangible fixed assets | 26 | €3,440 | €14,441 | +€11,001 | +320% |
| Current assets | 29/58 | €781,123 | €770,143 | -€10,980 | -1.4% |
| Amounts receivable within one year | 40/41 | €275,797 | €396,351 | +€120,554 | +43.7% |
| Trade receivables | 40 | €1,141 | €4,835 | +€3,694 | +324% |
| Other amounts receivable | 41 | €274,656 | €391,516 | +€116,860 | +42.5% |
| Cash at bank and in hand | 54/58 | €495,595 | €340,541 | -€155,055 | -31.3% |
| Deferred charges and accrued income | 490/1 | €9,731 | €33,251 | +€23,520 | +242% |
| Total equity and liabilities | 10/49 | €787,314 | €788,051 | +€737 | +0.1% |
| Equity | 10/15 | €569,546 | €425,843 | -€143,703 | -25.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €565,546 | €421,843 | -€143,703 | -25.4% |
| Amounts payable | 17/49 | €217,768 | €362,208 | +€144,440 | +66.3% |
| Amounts payable within one year | 42/48 | €217,768 | €362,208 | +€144,440 | +66.3% |
| Trade debts | 44 | €42,276 | €60,529 | +€18,253 | +43.2% |
| Suppliers | 440/4 | €42,276 | €60,529 | +€18,253 | +43.2% |
| Taxes, remuneration and social security | 45 | €175,492 | €301,679 | +€126,187 | +71.9% |
| Taxes | 450/3 | €154,369 | €246,264 | +€91,896 | +59.5% |
| Remuneration and social security | 454/9 | €21,124 | €55,415 | +€34,292 | +162% |
| Remuneration, social security and pensions | 62 | €328,004 | €399,547 | +€71,543 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,431 | €4,007 | +€1,577 | +64.9% |
| Other operating charges | 640/8 | €2,320 | €1,358 | -€962 | -41.5% |
| Non-recurring operating charges | 66A | €917 | - | -€917 | |
| Gross operating margin | 9900 | €692,570 | €723,898 | +€31,328 | +4.5% |
| Operating profit (loss) | 9901 | €358,899 | €318,985 | -€39,914 | -11.1% |
| Financial income | 75/76B | €12,120 | €18,052 | +€5,932 | +48.9% |
| Recurring financial income | 75 | €12,120 | €18,052 | +€5,932 | +48.9% |
| Financial charges | 65/66B | €2,976 | €4,195 | +€1,219 | +41.0% |
| Recurring financial charges | 65 | €2,976 | €4,195 | +€1,219 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €368,043 | €332,842 | -€35,200 | -9.6% |
| Income taxes | 67/77 | €97,033 | €91,470 | -€5,564 | -5.7% |
| Profit (loss) for the period | 9904 | €271,010 | €241,373 | -€29,637 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €271,010 | €241,373 | -€29,637 | -10.9% |
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.