MILAR CONSULT: 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.
MILAR CONSULT
Largest movements
- Cash +€115,055
up €115,055 (+85.8%), from €134,121 to €249,176
mainly Net result for the year (+€129,481) and Other debts (+€90,923)
- Other debts +€90,923
up €90,923 (+491%), from €18,499 to €109,422
- Tax, wage and social debts +€26,247
up €26,247 (+1,149%), from €2,285 to €28,531
- Gross operating margin +€66,988
up €66,988 (+64.3%), from €104,196 to €171,184
- Taxes +€18,179
up €18,179 (+85.2%), from €21,334 to €39,512
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 | €136,021 | €253,045 | +€117,024 | +86.0% |
| Fixed assets | 21/28 | €1,900 | €3,869 | +€1,969 | +104% |
| Tangible fixed assets | 22/27 | €1,900 | €3,869 | +€1,969 | +104% |
| Furniture and vehicles | 24 | €1,900 | €3,869 | +€1,969 | +104% |
| Current assets | 29/58 | €134,121 | €249,176 | +€115,055 | +85.8% |
| Cash at bank and in hand | 54/58 | €134,121 | €249,176 | +€115,055 | +85.8% |
| Total equity and liabilities | 10/49 | €136,021 | €253,045 | +€117,024 | +86.0% |
| Equity | 10/15 | €114,610 | €115,091 | +€481 | +0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,610 | €110,091 | +€481 | +0.4% |
| Amounts payable | 17/49 | €21,411 | €137,953 | +€116,542 | +544% |
| Amounts payable within one year | 42/48 | €21,411 | €137,953 | +€116,542 | +544% |
| Trade debts | 44 | €628 | - | -€628 | |
| Suppliers | 440/4 | €628 | - | -€628 | |
| Taxes, remuneration and social security | 45 | €2,285 | €28,531 | +€26,247 | +1,149% |
| Taxes | 450/3 | €2,285 | €28,531 | +€26,247 | +1,149% |
| Other amounts payable | 47/48 | €18,499 | €109,422 | +€90,923 | +491% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,218 | €1,798 | +€580 | +47.6% |
| Other operating charges | 640/8 | €1,123 | €1,235 | +€112 | +10.0% |
| Gross operating margin | 9900 | €104,196 | €171,184 | +€66,988 | +64.3% |
| Operating profit (loss) | 9901 | €101,855 | €168,151 | +€66,296 | +65.1% |
| Financial income | 75/76B | €164 | €938 | +€774 | +473% |
| Recurring financial income | 75 | €164 | €938 | +€774 | +473% |
| Financial charges | 65/66B | €76 | €95 | +€19 | +24.9% |
| Recurring financial charges | 65 | €76 | €95 | +€19 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €101,943 | €168,994 | +€67,051 | +65.8% |
| Income taxes | 67/77 | €21,334 | €39,512 | +€18,179 | +85.2% |
| Profit (loss) for the period | 9904 | €80,609 | €129,481 | +€48,872 | +60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,609 | €129,481 | +€48,872 | +60.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.