Milazzo: what changed
Two fiscal 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.
Milazzo
Largest movements
- Cash +€101,671
up €101,671 (+7808.4%), from €1,302 to €102,973
mainly Net result for the year (+€109,145) and Tax, wage and social debts (+€14,485)
- Receivables within one year +€18,723
up €18,723 (+3901.1%), from €480 to €19,203
of which Trade receivables: +€19,203
- Deferred charges and accrued income +€3,053
up €3,053 (+167.1%), from €1,827 to €4,880
- Formation expenses -€1,778
down €1,778 (-100.0%), from €1,778 to €0
- Tangible fixed assets +€1,652
new in 2025: €1,652
- Reserves +€108,311
new in 2025: €108,311
- Tax, wage and social debts +€14,485
new in 2025: €14,485
- Other debts -€3,114
down €3,114 (-100.0%), from €3,114 to €0
- Trade debts +€2,805
up €2,805 (+2642.6%), from €106 to €2,911
- Gross operating margin +€160,869
new in 2025: €160,869
- Taxes +€47,402
new in 2025: €47,402
- Depreciation +€1,835
up €1,835 (+486.3%), from €377 to €2,212
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.
Cash bridge derived
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 | €5,386 | €128,707 | +€123,321 | +2289.5% |
| Formation expenses | 20 | €1,778 | €0 | -€1,778 | -100.0% |
| Fixed assets | 21/28 | - | €1,652 | +€1,652 | |
| Tangible fixed assets | 22/27 | - | €1,652 | +€1,652 | |
| Furniture and vehicles | 24 | - | €1,652 | +€1,652 | |
| Current assets | 29/58 | €3,609 | €127,055 | +€123,447 | +3420.9% |
| Amounts receivable within one year | 40/41 | €480 | €19,203 | +€18,723 | +3901.1% |
| Trade receivables | 40 | - | €19,203 | +€19,203 | |
| Other amounts receivable | 41 | €480 | €0 | -€480 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,302 | €102,973 | +€101,671 | +7808.4% |
| Deferred charges and accrued income | 490/1 | €1,827 | €4,880 | +€3,053 | +167.1% |
| Total equity and liabilities | 10/49 | €5,386 | €128,707 | +€123,321 | +2289.5% |
| Equity | 10/15 | €2,166 | €111,311 | +€109,145 | +5039.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €108,311 | +€108,311 | |
| Distributable reserves | 133 | - | €108,311 | +€108,311 | |
| Profit (loss) carried forward | 14 | -€834 | €0 | +€834 | |
| Amounts payable | 17/49 | €3,221 | €17,396 | +€14,175 | +440.2% |
| Amounts payable within one year | 42/48 | €3,221 | €17,396 | +€14,175 | +440.2% |
| Trade debts | 44 | €106 | €2,911 | +€2,805 | +2642.6% |
| Suppliers | 440/4 | €106 | €2,911 | +€2,805 | +2642.6% |
| Taxes, remuneration and social security | 45 | - | €14,485 | +€14,485 | |
| Taxes | 450/3 | - | €14,485 | +€14,485 | |
| Other amounts payable | 47/48 | €3,114 | €0 | -€3,114 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €2,212 | +€1,835 | +486.3% |
| Other operating charges | 640/8 | €322 | €387 | +€66 | +20.4% |
| Gross operating margin | 9900 | - | €160,869 | +€160,869 | |
| Operating profit (loss) | 9901 | -€699 | €158,269 | +€158,968 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €135 | €1,722 | +€1,587 | +1174.9% |
| Recurring financial charges | 65 | €135 | €1,722 | +€1,587 | +1174.9% |
| Profit (loss) for the period before taxes | 9903 | -€834 | €156,547 | +€157,382 | |
| Income taxes | 67/77 | - | €47,402 | +€47,402 | |
| Profit (loss) for the period | 9904 | -€834 | €109,145 | +€109,980 | |
| Profit (loss) for the period to be appropriated | 9905 | -€834 | €109,145 | +€109,980 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.