MILBOU MEDIA: 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.
MILBOU MEDIA
Largest movements
- Receivables within one year +€35,181
up €35,181 (+121.2%), from €29,019 to €64,200
of which Other amounts receivable: +€31,059
- Tangible fixed assets -€11,784
down €11,784 (-25.3%), from €46,488 to €34,704
of which Furniture and vehicles: -€11,446
- Cash +€11,481
up €11,481 (+3225.4%), from €356 to €11,837
mainly Net result for the year (+€30,898) and Trade debts (+€13,968)
- Deferred charges and accrued income +€1,347
up €1,347 (+201.1%), from €670 to €2,017
- Reserves +€30,898
up €30,898 (+323.2%), from €9,560 to €40,457
- Trade debts +€13,968
up €13,968 (+1608.3%), from €869 to €14,837
- Debts after one year -€11,978
down €11,978 (-30.1%), from €39,834 to €27,856
- Tax, wage and social debts +€2,885
up €2,885 (+22.1%), from €13,036 to €15,921
- Gross operating margin +€21,249
up €21,249 (+65.3%), from €32,537 to €53,786
- Taxes +€5,599
up €5,599 (+119.9%), from €4,669 to €10,267
- Other operating charges -€2,977
down €2,977 (-83.5%), from €3,565 to €588
- Financial income +€1,347
up €1,347 (+201.1%), from €670 to €2,017
- Depreciation -€1,136
down €1,136 (-8.8%), from €12,920 to €11,784
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 | €76,533 | €112,757 | +€36,225 | +47.3% |
| Fixed assets | 21/28 | €46,488 | €34,704 | -€11,784 | -25.3% |
| Tangible fixed assets | 22/27 | €46,488 | €34,704 | -€11,784 | -25.3% |
| Plant, machinery and equipment | 23 | €674 | €335 | -€339 | -50.2% |
| Furniture and vehicles | 24 | €45,814 | €34,368 | -€11,446 | -25.0% |
| Current assets | 29/58 | €30,045 | €78,054 | +€48,009 | +159.8% |
| Amounts receivable within one year | 40/41 | €29,019 | €64,200 | +€35,181 | +121.2% |
| Trade receivables | 40 | €7,587 | €11,709 | +€4,122 | +54.3% |
| Other amounts receivable | 41 | €21,432 | €52,491 | +€31,059 | +144.9% |
| Cash at bank and in hand | 54/58 | €356 | €11,837 | +€11,481 | +3225.4% |
| Deferred charges and accrued income | 490/1 | €670 | €2,017 | +€1,347 | +201.1% |
| Total equity and liabilities | 10/49 | €76,533 | €112,757 | +€36,225 | +47.3% |
| Equity | 10/15 | €10,560 | €41,457 | +€30,898 | +292.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €9,560 | €40,457 | +€30,898 | +323.2% |
| Distributable reserves | 133 | €9,560 | €40,457 | +€30,898 | +323.2% |
| Amounts payable | 17/49 | €65,973 | €71,300 | +€5,327 | +8.1% |
| Amounts payable after more than one year | 17 | €39,834 | €27,856 | -€11,978 | -30.1% |
| Financial debts | 170/4 | €39,834 | €27,856 | -€11,978 | -30.1% |
| Amounts payable within one year | 42/48 | €26,139 | €43,445 | +€17,305 | +66.2% |
| Current portion of amounts payable after more than one year | 42 | €12,235 | €12,215 | -€21 | -0.2% |
| Trade debts | 44 | €869 | €14,837 | +€13,968 | +1608.3% |
| Suppliers | 440/4 | €869 | €14,837 | +€13,968 | +1608.3% |
| Taxes, remuneration and social security | 45 | €13,036 | €15,921 | +€2,885 | +22.1% |
| Taxes | 450/3 | €13,036 | €15,921 | +€2,885 | +22.1% |
| Other amounts payable | 47/48 | - | €472 | +€472 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,920 | €11,784 | -€1,136 | -8.8% |
| Other operating charges | 640/8 | €3,565 | €588 | -€2,977 | -83.5% |
| Gross operating margin | 9900 | €32,537 | €53,786 | +€21,249 | +65.3% |
| Operating profit (loss) | 9901 | €16,053 | €41,415 | +€25,362 | +158.0% |
| Financial income | 75/76B | €670 | €2,017 | +€1,347 | +201.1% |
| Recurring financial income | 75 | €670 | €2,017 | +€1,347 | +201.1% |
| Financial charges | 65/66B | €2,494 | €2,266 | -€228 | -9.1% |
| Recurring financial charges | 65 | €2,494 | €2,266 | -€228 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €14,228 | €41,165 | +€26,937 | +189.3% |
| Income taxes | 67/77 | €4,669 | €10,267 | +€5,599 | +119.9% |
| Profit (loss) for the period | 9904 | €9,560 | €30,898 | +€21,338 | +223.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,560 | €30,898 | +€21,338 | +223.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.