MILARKA: 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.
MILARKA
Largest movements
- Cash -€9,536
down €9,536 (-99.8%), from €9,557 to €22
mainly Tax, wage and social debts (-€16,507) and Investment in fixed assets (net) (-€5,740)
- Receivables within one year -€4,893
down €4,893 (-4.0%), from €123,150 to €118,257
of which Trade receivables: -€5,826
- Tangible fixed assets +€3,790
up €3,790 (+323%), from €1,173 to €4,963
- Tax, wage and social debts -€16,507
down €16,507 (-46.8%), from €35,235 to €18,728
of which Taxes: -€20,248
- Profit (loss) carried forward +€6,008
up €6,008 (+6.5%), from €92,590 to €98,598
- Staff costs +€45,921
up €45,921 (+211%), from €21,780 to €67,701
- Gross operating margin +€16,845
up €16,845 (+30.7%), from €54,904 to €71,749
- Taxes -€6,142
down €6,142 (-77.0%), from €7,978 to €1,836
- Financial income +€1,826
up €1,826 (+43.2%), from €4,225 to €6,051
- Depreciation +€969
up €969 (+98.8%), from €981 to €1,950
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 | €133,880 | €123,242 | -€10,638 | -7.9% |
| Fixed assets | 21/28 | €1,173 | €4,963 | +€3,790 | +323% |
| Tangible fixed assets | 22/27 | €1,173 | €4,963 | +€3,790 | +323% |
| Furniture and vehicles | 24 | €1,173 | €4,963 | +€3,790 | +323% |
| Current assets | 29/58 | €132,707 | €118,279 | -€14,428 | -10.9% |
| Amounts receivable within one year | 40/41 | €123,150 | €118,257 | -€4,893 | -4.0% |
| Trade receivables | 40 | €18,019 | €12,193 | -€5,826 | -32.3% |
| Other amounts receivable | 41 | €105,131 | €106,064 | +€933 | +0.9% |
| Cash at bank and in hand | 54/58 | €9,557 | €22 | -€9,536 | -99.8% |
| Total equity and liabilities | 10/49 | €133,880 | €123,242 | -€10,638 | -7.9% |
| Equity | 10/15 | €97,590 | €103,598 | +€6,008 | +6.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,590 | €98,598 | +€6,008 | +6.5% |
| Amounts payable | 17/49 | €36,290 | €19,644 | -€16,646 | -45.9% |
| Amounts payable within one year | 42/48 | €36,290 | €19,644 | -€16,646 | -45.9% |
| Trade debts | 44 | €1,055 | €915 | -€139 | -13.2% |
| Suppliers | 440/4 | €1,055 | €915 | -€139 | -13.2% |
| Taxes, remuneration and social security | 45 | €35,235 | €18,728 | -€16,507 | -46.8% |
| Taxes | 450/3 | €34,253 | €14,004 | -€20,248 | -59.1% |
| Remuneration and social security | 454/9 | €982 | €4,724 | +€3,742 | +381% |
| Remuneration, social security and pensions | 62 | €21,780 | €67,701 | +€45,921 | +211% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €981 | €1,950 | +€969 | +98.8% |
| Other operating charges | 640/8 | €671 | €300 | -€371 | -55.3% |
| Non-recurring operating charges | 66A | €365 | - | -€365 | |
| Gross operating margin | 9900 | €54,904 | €71,749 | +€16,845 | +30.7% |
| Operating profit (loss) | 9901 | €31,108 | €1,798 | -€29,309 | -94.2% |
| Financial income | 75/76B | €4,225 | €6,051 | +€1,826 | +43.2% |
| Recurring financial income | 75 | €4,225 | €6,051 | +€1,826 | +43.2% |
| Financial charges | 65/66B | €46 | €5 | -€40 | -88.2% |
| Recurring financial charges | 65 | €46 | €5 | -€40 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €35,287 | €7,844 | -€27,443 | -77.8% |
| Income taxes | 67/77 | €7,978 | €1,836 | -€6,142 | -77.0% |
| Profit (loss) for the period | 9904 | €27,308 | €6,008 | -€21,300 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,308 | €6,008 | -€21,300 | -78.0% |
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 20 October 2026 via checked.be.