Milan Trans: 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 Trans
Largest movements
- Tangible fixed assets +€27,149
new in 2024: €27,149
- Receivables within one year +€21,513
up €21,513 (+91.8%), from €23,446 to €44,959
of which Other amounts receivable: +€18,358
- Cash +€797
up €797 (+377%), from €212 to €1,009
mainly Debts after one year (+€26,258) and Net result for the year (+€18,994)
- Debts after one year +€26,258
new in 2024: €26,258
- Profit (loss) carried forward +€9,994
up €9,994, from -€9,465 to €529
- Other debts +€8,000
new in 2024: €8,000
- Current portion of long-term debt +€5,971
new in 2024: €5,971
- Trade debts -€2,463
down €2,463 (-10.7%), from €23,122 to €20,659
- Gross operating margin +€17,512
up €17,512 (+146%), from €11,959 to €29,472
- Depreciation +€4,635
new in 2024: €4,635
- Financial charges +€2,418
up €2,418 (+256%), from €945 to €3,363
- Other operating charges +€963
up €963 (+89.8%), from €1,072 to €2,035
- Financial income -€683
no longer reported in 2024 (was €683)
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.
Derived cash bridge
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 | €23,657 | €73,117 | +€49,460 | +209% |
| Fixed assets | 21/28 | - | €27,149 | +€27,149 | |
| Tangible fixed assets | 22/27 | - | €27,149 | +€27,149 | |
| Furniture and vehicles | 24 | - | €27,149 | +€27,149 | |
| Current assets | 29/58 | €23,657 | €45,968 | +€22,311 | +94.3% |
| Amounts receivable within one year | 40/41 | €23,446 | €44,959 | +€21,513 | +91.8% |
| Trade receivables | 40 | €13,739 | €16,894 | +€3,155 | +23.0% |
| Other amounts receivable | 41 | €9,707 | €28,065 | +€18,358 | +189% |
| Cash at bank and in hand | 54/58 | €212 | €1,009 | +€797 | +377% |
| Total equity and liabilities | 10/49 | €23,657 | €73,117 | +€49,460 | +209% |
| Equity | 10/15 | €535 | €11,529 | +€10,994 | +2,056% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Reserves | 13 | - | €1,000 | +€1,000 | |
| Non-distributable reserves | 130/1 | - | €1,000 | +€1,000 | |
| Reserves not available under the articles | 1311 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | -€9,465 | €529 | +€9,994 | |
| Amounts payable | 17/49 | €23,122 | €61,587 | +€38,465 | +166% |
| Amounts payable after more than one year | 17 | - | €26,258 | +€26,258 | |
| Financial debts | 170/4 | - | €26,258 | +€26,258 | |
| Amounts payable within one year | 42/48 | €23,122 | €35,329 | +€12,207 | +52.8% |
| Current portion of amounts payable after more than one year | 42 | - | €5,971 | +€5,971 | |
| Trade debts | 44 | €23,122 | €20,659 | -€2,463 | -10.7% |
| Suppliers | 440/4 | €23,122 | €20,659 | -€2,463 | -10.7% |
| Taxes, remuneration and social security | 45 | - | €698 | +€698 | |
| Taxes | 450/3 | - | €698 | +€698 | |
| Other amounts payable | 47/48 | - | €8,000 | +€8,000 | |
| Remuneration, social security and pensions | 62 | €299 | - | -€299 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,635 | +€4,635 | |
| Other operating charges | 640/8 | €1,072 | €2,035 | +€963 | +89.8% |
| Gross operating margin | 9900 | €11,959 | €29,472 | +€17,512 | +146% |
| Operating profit (loss) | 9901 | €10,588 | €22,801 | +€12,213 | +115% |
| Financial income | 75/76B | €683 | - | -€683 | |
| Recurring financial income | 75 | €683 | - | -€683 | |
| Financial charges | 65/66B | €945 | €3,363 | +€2,418 | +256% |
| Recurring financial charges | 65 | €945 | €3,363 | +€2,418 | +256% |
| Profit (loss) for the period before taxes | 9903 | €10,326 | €19,439 | +€9,113 | +88.3% |
| Income taxes | 67/77 | - | €444 | +€444 | |
| Profit (loss) for the period | 9904 | €10,326 | €18,994 | +€8,669 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,326 | €18,994 | +€8,669 | +84.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.