MILAN EKMEN: 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.
MILAN EKMEN
Largest movements
- Cash -€5,680
down €5,680 (-77.3%), from €7,352 to €1,672
mainly Net result for the year (-€21,498)
- Receivables within one year -€1,089
no longer reported in 2025 (was €1,089)
- Profit (loss) carried forward -€21,498
down €21,498 (-167%), from -€12,840 to -€34,338
- Other debts +€8,253
up €8,253 (+308%), from €2,681 to €10,935
- Tax, wage and social debts +€4,836
new in 2025: €4,836
of which Remuneration and social security: +€3,741
- Trade debts +€1,639
new in 2025: €1,639
- Staff costs +€32,662
new in 2025: €32,662
- Gross operating margin +€20,031
up €20,031, from -€8,418 to €11,613
- Other operating charges +€387
new in 2025: €387
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 | €8,441 | €1,672 | -€6,769 | -80.2% |
| Current assets | 29/58 | €8,441 | €1,672 | -€6,769 | -80.2% |
| Amounts receivable within one year | 40/41 | €1,089 | - | -€1,089 | |
| Other amounts receivable | 41 | €1,089 | - | -€1,089 | |
| Cash at bank and in hand | 54/58 | €7,352 | €1,672 | -€5,680 | -77.3% |
| Total equity and liabilities | 10/49 | €8,441 | €1,672 | -€6,769 | -80.2% |
| Equity | 10/15 | €5,760 | -€15,738 | -€21,498 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,840 | -€34,338 | -€21,498 | -167% |
| Amounts payable | 17/49 | €2,681 | €17,410 | +€14,729 | +549% |
| Amounts payable within one year | 42/48 | €2,681 | €17,410 | +€14,729 | +549% |
| Trade debts | 44 | - | €1,639 | +€1,639 | |
| Suppliers | 440/4 | - | €1,639 | +€1,639 | |
| Taxes, remuneration and social security | 45 | - | €4,836 | +€4,836 | |
| Taxes | 450/3 | - | €1,094 | +€1,094 | |
| Remuneration and social security | 454/9 | - | €3,741 | +€3,741 | |
| Other amounts payable | 47/48 | €2,681 | €10,935 | +€8,253 | +308% |
| Remuneration, social security and pensions | 62 | - | €32,662 | +€32,662 | |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | -€8,418 | €11,613 | +€20,031 | |
| Operating profit (loss) | 9901 | -€8,418 | -€21,437 | -€13,019 | -155% |
| Financial charges | 65/66B | - | €61 | +€61 | |
| Recurring financial charges | 65 | - | €61 | +€61 | |
| Profit (loss) for the period before taxes | 9903 | -€8,418 | -€21,498 | -€13,080 | -155% |
| Profit (loss) for the period | 9904 | -€8,418 | -€21,498 | -€13,080 | -155% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,418 | -€21,498 | -€13,080 | -155% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.