Milalicious: 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.
Milalicious
Largest movements
- Receivables within one year +€16,825
up €16,825 (+130.0%), from €12,946 to €29,771
of which Trade receivables: +€15,793
- Tangible fixed assets -€15,045
down €15,045 (-20.9%), from €72,037 to €56,992
of which Furniture and vehicles: -€14,702
- Stocks and contracts +€4,049
up €4,049 (+6.1%), from €66,055 to €70,104
- Cash -€3,317
down €3,317 (-17.3%), from €19,204 to €15,886
mainly Debts after one year (-€17,157) and Receivables within one year (-€16,825)
- Debts after one year -€17,157
down €17,157 (-35.3%), from €48,618 to €31,460
- Advances received +€16,822
new in 2025: €16,822
- Reserves +€13,535
up €13,535 (+23.8%), from €56,830 to €70,365
- Trade debts -€12,066
down €12,066 (-78.8%), from €15,319 to €3,254
- Other debts +€2,935
up €2,935 (+22.2%), from €13,215 to €16,150
- Depreciation +€5,644
up €5,644 (+60.0%), from €9,401 to €15,045
- Taxes +€1,856
up €1,856 (+87.8%), from €2,113 to €3,969
- Gross operating margin -€1,822
down €1,822 (-4.8%), from €38,300 to €36,477
- Financial charges +€830
up €830 (+36.7%), from €2,260 to €3,090
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.
Cash bridge derived
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 | €170,242 | €172,753 | +€2,511 | +1.5% |
| Fixed assets | 21/28 | €72,037 | €56,992 | -€15,045 | -20.9% |
| Tangible fixed assets | 22/27 | €72,037 | €56,992 | -€15,045 | -20.9% |
| Land and buildings | 22 | €3,211 | €2,868 | -€343 | -10.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €68,826 | €54,124 | -€14,702 | -21.4% |
| Current assets | 29/58 | €98,205 | €115,761 | +€17,556 | +17.9% |
| Stocks and contracts in progress | 3 | €66,055 | €70,104 | +€4,049 | +6.1% |
| Stocks | 30/36 | €66,055 | €70,104 | +€4,049 | +6.1% |
| Amounts receivable within one year | 40/41 | €12,946 | €29,771 | +€16,825 | +130.0% |
| Trade receivables | 40 | €12,946 | €28,740 | +€15,793 | +122.0% |
| Other amounts receivable | 41 | - | €1,031 | +€1,031 | |
| Cash at bank and in hand | 54/58 | €19,204 | €15,886 | -€3,317 | -17.3% |
| Total equity and liabilities | 10/49 | €170,242 | €172,753 | +€2,511 | +1.5% |
| Equity | 10/15 | €58,830 | €72,365 | +€13,535 | +23.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €56,830 | €70,365 | +€13,535 | +23.8% |
| Distributable reserves | 133 | €56,830 | €70,365 | +€13,535 | +23.8% |
| Amounts payable | 17/49 | €111,412 | €100,388 | -€11,024 | -9.9% |
| Amounts payable after more than one year | 17 | €48,618 | €31,460 | -€17,157 | -35.3% |
| Financial debts | 170/4 | €48,618 | €31,460 | -€17,157 | -35.3% |
| Amounts payable within one year | 42/48 | €62,795 | €68,928 | +€6,133 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €16,904 | €17,157 | +€253 | +1.5% |
| Trade debts | 44 | €15,319 | €3,254 | -€12,066 | -78.8% |
| Suppliers | 440/4 | €15,319 | €3,254 | -€12,066 | -78.8% |
| Advances received on contracts in progress | 46 | - | €16,822 | +€16,822 | |
| Taxes, remuneration and social security | 45 | €17,356 | €15,545 | -€1,811 | -10.4% |
| Taxes | 450/3 | €17,356 | €15,545 | -€1,811 | -10.4% |
| Other amounts payable | 47/48 | €13,215 | €16,150 | +€2,935 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,401 | €15,045 | +€5,644 | +60.0% |
| Other operating charges | 640/8 | €813 | €1,084 | +€271 | +33.3% |
| Gross operating margin | 9900 | €38,300 | €36,477 | -€1,822 | -4.8% |
| Operating profit (loss) | 9901 | €28,085 | €20,349 | -€7,737 | -27.5% |
| Financial income | 75/76B | €96 | €245 | +€149 | +155.3% |
| Recurring financial income | 75 | €96 | €245 | +€149 | +155.3% |
| Financial charges | 65/66B | €2,260 | €3,090 | +€830 | +36.7% |
| Recurring financial charges | 65 | €2,260 | €3,090 | +€830 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | €25,921 | €17,504 | -€8,418 | -32.5% |
| Income taxes | 67/77 | €2,113 | €3,969 | +€1,856 | +87.8% |
| Profit (loss) for the period | 9904 | €23,809 | €13,535 | -€10,274 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,809 | €13,535 | -€10,274 | -43.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.