MiLADY: what changed
Two fiscal 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.
MiLADY
Largest movements
- Receivables within one year -€34,516
down €34,516 (-43.5%), from €79,378 to €44,862
of which Trade receivables: -€34,598
- Intangible fixed assets -€7,143
down €7,143 (-44.4%), from €16,071 to €8,929
- Stocks and contracts -€4,590
no longer reported in 2024 (was €4,590)
- Tangible fixed assets -€4,494
down €4,494 (-45.4%), from €9,893 to €5,399
- Accrued charges and deferred income -€52,460
down €52,460 (-86.9%), from €60,338 to €7,878
- Tax, wage and social debts -€28,762
down €28,762 (-37.9%), from €75,886 to €47,124
of which Remuneration and social security: -€28,048
- Trade debts +€28,095
new in 2024: €28,095
- Profit (loss) carried forward +€23,831
up €23,831 (+42.3%), from -€56,342 to -€32,511
- Other debts -€13,279
no longer reported in 2024 (was €13,279)
- Gross operating margin +€61,262
up €61,262 (+267.7%), from €22,885 to €84,147
- Staff costs +€5,467
up €5,467 (+14.1%), from €38,893 to €44,360
- Depreciation -€1,628
down €1,628 (-12.3%), from €13,265 to €11,637
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,870 | €80,037 | -€51,832 | -39.3% |
| Fixed assets | 21/28 | €25,965 | €14,328 | -€11,637 | -44.8% |
| Intangible fixed assets | 21 | €16,071 | €8,929 | -€7,143 | -44.4% |
| Tangible fixed assets | 22/27 | €9,893 | €5,399 | -€4,494 | -45.4% |
| Plant, machinery and equipment | 23 | €9,893 | €5,399 | -€4,494 | -45.4% |
| Current assets | 29/58 | €105,905 | €65,709 | -€40,196 | -38.0% |
| Stocks and contracts in progress | 3 | €4,590 | - | -€4,590 | |
| Stocks | 30/36 | €4,590 | - | -€4,590 | |
| Amounts receivable within one year | 40/41 | €79,378 | €44,862 | -€34,516 | -43.5% |
| Trade receivables | 40 | €78,452 | €43,853 | -€34,598 | -44.1% |
| Other amounts receivable | 41 | €926 | €1,008 | +€82 | +8.9% |
| Cash at bank and in hand | 54/58 | €18,877 | €17,788 | -€1,089 | -5.8% |
| Deferred charges and accrued income | 490/1 | €3,060 | €3,060 | = | 0.0% |
| Total equity and liabilities | 10/49 | €131,870 | €80,037 | -€51,832 | -39.3% |
| Equity | 10/15 | -€37,742 | -€13,911 | +€23,831 | +63.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,342 | -€32,511 | +€23,831 | +42.3% |
| Amounts payable | 17/49 | €169,612 | €93,948 | -€75,664 | -44.6% |
| Amounts payable after more than one year | 17 | €10,609 | €10,709 | +€99 | +0.9% |
| Financial debts | 170/4 | €10,609 | €10,709 | +€99 | +0.9% |
| Amounts payable within one year | 42/48 | €98,665 | €75,361 | -€23,303 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €9,500 | €143 | -€9,357 | -98.5% |
| Trade debts | 44 | - | €28,095 | +€28,095 | |
| Suppliers | 440/4 | - | €28,095 | +€28,095 | |
| Taxes, remuneration and social security | 45 | €75,886 | €47,124 | -€28,762 | -37.9% |
| Taxes | 450/3 | €14,184 | €13,470 | -€714 | -5.0% |
| Remuneration and social security | 454/9 | €61,702 | €33,654 | -€28,048 | -45.5% |
| Other amounts payable | 47/48 | €13,279 | - | -€13,279 | |
| Accrued charges and deferred income | 492/3 | €60,338 | €7,878 | -€52,460 | -86.9% |
| Remuneration, social security and pensions | 62 | €38,893 | €44,360 | +€5,467 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,265 | €11,637 | -€1,628 | -12.3% |
| Other operating charges | 640/8 | €2,838 | €3,333 | +€494 | +17.4% |
| Gross operating margin | 9900 | €22,885 | €84,147 | +€61,262 | +267.7% |
| Operating profit (loss) | 9901 | -€32,112 | €24,817 | +€56,929 | |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €870 | €1,046 | +€176 | +20.3% |
| Recurring financial charges | 65 | €870 | €1,046 | +€176 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,982 | €23,831 | +€56,813 | |
| Profit (loss) for the period | 9904 | -€32,982 | €23,831 | +€56,813 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,982 | €23,831 | +€56,813 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.