MILANI: 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.
MILANI
Largest movements
- Cash +€5,967
up €5,967 (+271%), from €2,199 to €8,166
mainly Depreciation (+€3,526) and Receivables within one year (+€3,251)
- Tangible fixed assets -€3,526
no longer reported in 2024 (was €3,526)
- Receivables within one year -€3,251
down €3,251 (-31.3%), from €10,392 to €7,142
of which Trade receivables: -€4,176
- Profit (loss) carried forward -€1,012
down €1,012 (-24.6%), from €4,114 to €3,102
- Trade debts +€594
up €594 (+176%), from €337 to €931
- Tax, wage and social debts -€441
down €441 (-53.2%), from €830 to €389
- Gross operating margin +€2,030
up €2,030 (+336%), from €604 to €2,634
- Other operating charges -€300
no longer reported in 2024 (was €300)
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 | €16,341 | €15,482 | -€859 | -5.3% |
| Fixed assets | 21/28 | €3,700 | €174 | -€3,526 | -95.3% |
| Tangible fixed assets | 22/27 | €3,526 | - | -€3,526 | |
| Furniture and vehicles | 24 | €3,526 | - | -€3,526 | |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €12,641 | €15,308 | +€2,667 | +21.1% |
| Amounts receivable within one year | 40/41 | €10,392 | €7,142 | -€3,251 | -31.3% |
| Trade receivables | 40 | €6,256 | €2,080 | -€4,176 | -66.7% |
| Other amounts receivable | 41 | €4,136 | €5,061 | +€925 | +22.4% |
| Cash at bank and in hand | 54/58 | €2,199 | €8,166 | +€5,967 | +271% |
| Deferred charges and accrued income | 490/1 | €50 | - | -€50 | |
| Total equity and liabilities | 10/49 | €16,341 | €15,482 | -€859 | -5.3% |
| Equity | 10/15 | €15,174 | €14,162 | -€1,012 | -6.7% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Contributions outside capital | 11 | €9,200 | €9,200 | = | 0.0% |
| Other | 1109/19 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,114 | €3,102 | -€1,012 | -24.6% |
| Amounts payable | 17/49 | €1,167 | €1,320 | +€153 | +13.1% |
| Amounts payable within one year | 42/48 | €1,167 | €1,320 | +€153 | +13.1% |
| Trade debts | 44 | €337 | €931 | +€594 | +176% |
| Suppliers | 440/4 | €337 | €931 | +€594 | +176% |
| Taxes, remuneration and social security | 45 | €830 | €389 | -€441 | -53.2% |
| Taxes | 450/3 | €830 | €389 | -€441 | -53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,526 | €3,526 | -€0 | 0.0% |
| Other operating charges | 640/8 | €300 | - | -€300 | |
| Gross operating margin | 9900 | €604 | €2,634 | +€2,030 | +336% |
| Operating profit (loss) | 9901 | -€3,222 | -€892 | +€2,330 | +72.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €119 | €120 | +€1 | +0.7% |
| Recurring financial charges | 65 | €119 | €120 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,341 | -€1,012 | +€2,329 | +69.7% |
| Profit (loss) for the period | 9904 | -€3,341 | -€1,012 | +€2,329 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,341 | -€1,012 | +€2,329 | +69.7% |
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 19 October 2026 via checked.be.