MILD md: 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.
MILD md
Largest movements
- Receivables within one year +€59,210
up €59,210 (+107.0%), from €55,315 to €114,526
of which Trade receivables: +€53,555
- Cash +€25,228
up €25,228 (+404.9%), from €6,231 to €31,460
mainly Trade debts (+€100,428) and Net result for the year (+€4,536)
- Tangible fixed assets +€13,823
up €13,823 (+411.3%), from €3,361 to €17,184
- Trade debts +€100,428
up €100,428 (+1055.2%), from €9,518 to €109,945
of which Suppliers: +€109,560
- Tax, wage and social debts -€6,702
down €6,702 (-32.1%), from €20,885 to €14,183
of which Taxes: -€3,580
- Profit (loss) carried forward +€4,536
up €4,536 (+14.4%), from €31,505 to €36,041
- Purchases and services -€23,203
down €23,203 (-9.7%), from €239,225 to €216,023
- Turnover -€21,039
down €21,039 (-8.0%), from €262,262 to €241,223
- Staff costs +€17,364
new in 2025: €17,364
- Taxes -€3,580
down €3,580 (-65.3%), from €5,485 to €1,906
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 | €64,908 | €163,169 | +€98,261 | +151.4% |
| Fixed assets | 21/28 | €3,361 | €17,184 | +€13,823 | +411.3% |
| Tangible fixed assets | 22/27 | €3,361 | €17,184 | +€13,823 | +411.3% |
| Furniture and vehicles | 24 | €3,361 | €17,184 | +€13,823 | +411.3% |
| Current assets | 29/58 | €61,547 | €145,985 | +€84,438 | +137.2% |
| Amounts receivable within one year | 40/41 | €55,315 | €114,526 | +€59,210 | +107.0% |
| Trade receivables | 40 | €54,512 | €108,066 | +€53,555 | +98.2% |
| Other amounts receivable | 41 | €804 | €6,459 | +€5,656 | +703.8% |
| Cash at bank and in hand | 54/58 | €6,231 | €31,460 | +€25,228 | +404.9% |
| Total equity and liabilities | 10/49 | €64,908 | €163,169 | +€98,261 | +151.4% |
| Equity | 10/15 | €34,505 | €39,041 | +€4,536 | +13.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,505 | €36,041 | +€4,536 | +14.4% |
| Amounts payable | 17/49 | €30,403 | €124,128 | +€93,725 | +308.3% |
| Amounts payable within one year | 42/48 | €30,403 | €124,128 | +€93,725 | +308.3% |
| Trade debts | 44 | €9,518 | €109,945 | +€100,428 | +1055.2% |
| Suppliers | 440/4 | €385 | €109,945 | +€109,560 | +28435.0% |
| Bills of exchange payable | 441 | €9,132 | - | -€9,132 | |
| Taxes, remuneration and social security | 45 | €20,885 | €14,183 | -€6,702 | -32.1% |
| Taxes | 450/3 | €5,485 | €1,906 | -€3,580 | -65.3% |
| Remuneration and social security | 454/9 | €15,400 | €12,277 | -€3,123 | -20.3% |
| Turnover | 70 | €262,262 | €241,223 | -€21,039 | -8.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €239,225 | €216,023 | -€23,203 | -9.7% |
| Remuneration, social security and pensions | 62 | - | €17,364 | +€17,364 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,069 | €2,835 | +€1,765 | +165.1% |
| Other operating charges | 640/8 | €341 | €210 | -€131 | -38.3% |
| Gross operating margin | 9900 | €24,992 | €27,362 | +€2,371 | +9.5% |
| Operating profit (loss) | 9901 | €23,581 | €6,953 | -€16,628 | -70.5% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €216 | €512 | +€296 | +137.2% |
| Recurring financial charges | 65 | €216 | €512 | +€296 | +137.2% |
| Profit (loss) for the period before taxes | 9903 | €23,376 | €6,441 | -€16,934 | -72.4% |
| Income taxes | 67/77 | €5,485 | €1,906 | -€3,580 | -65.3% |
| Profit (loss) for the period | 9904 | €17,891 | €4,536 | -€13,355 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,891 | €4,536 | -€13,355 | -74.6% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.