Mildacus: 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.
Mildacus
Largest movements
- Current investments -€55,000
down €55,000 (-100%), from €55,000 to €0
- Receivables within one year -€17,838
down €17,838 (-93.5%), from €19,072 to €1,234
of which Other amounts receivable: -€12,614
- Tangible fixed assets +€2,048
up €2,048 (+170%), from €1,206 to €3,254
- Reserves -€93,420
down €93,420 (-100%), from €93,420 to €0
- Other debts +€34,817
up €34,817, from €0 to €34,817
- Tax, wage and social debts -€10,597
down €10,597 (-57.4%), from €18,465 to €7,867
- Gross operating margin -€8,928
down €8,928 (-16.8%), from €53,081 to €44,152
- Financial income +€1,353
up €1,353 (+341%), from €397 to €1,749
- Taxes -€1,237
down €1,237 (-11.5%), from €10,774 to €9,537
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 | €115,057 | €44,809 | -€70,248 | -61.1% |
| Fixed assets | 21/28 | €1,206 | €3,254 | +€2,048 | +170% |
| Tangible fixed assets | 22/27 | €1,206 | €3,254 | +€2,048 | +170% |
| Furniture and vehicles | 24 | €1,206 | €3,254 | +€2,048 | +170% |
| Current assets | 29/58 | €113,851 | €41,555 | -€72,297 | -63.5% |
| Amounts receivable within one year | 40/41 | €19,072 | €1,234 | -€17,838 | -93.5% |
| Trade receivables | 40 | €5,982 | €757 | -€5,224 | -87.3% |
| Other amounts receivable | 41 | €13,090 | €477 | -€12,614 | -96.4% |
| Current investments | 50/53 | €55,000 | €0 | -€55,000 | -100% |
| Cash at bank and in hand | 54/58 | €39,736 | €40,321 | +€585 | +1.5% |
| Deferred charges and accrued income | 490/1 | €43 | €0 | -€43 | -100% |
| Total equity and liabilities | 10/49 | €115,057 | €44,809 | -€70,248 | -61.1% |
| Equity | 10/15 | €95,400 | €1,980 | -€93,420 | -97.9% |
| Contributions | 10/11 | €1,980 | €1,980 | = | 0.0% |
| Reserves | 13 | €93,420 | €0 | -€93,420 | -100% |
| Distributable reserves | 133 | €93,420 | €0 | -€93,420 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,657 | €42,829 | +€23,172 | +118% |
| Amounts payable within one year | 42/48 | €19,657 | €42,829 | +€23,172 | +118% |
| Trade debts | 44 | €1,192 | €145 | -€1,047 | -87.9% |
| Suppliers | 440/4 | €1,192 | €145 | -€1,047 | -87.9% |
| Taxes, remuneration and social security | 45 | €18,465 | €7,867 | -€10,597 | -57.4% |
| Taxes | 450/3 | €18,465 | €7,867 | -€10,597 | -57.4% |
| Other amounts payable | 47/48 | €0 | €34,817 | +€34,817 | |
| Remuneration, social security and pensions | 62 | €472 | €956 | +€484 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,612 | €1,275 | -€337 | -20.9% |
| Other operating charges | 640/8 | €492 | €550 | +€58 | +11.7% |
| Gross operating margin | 9900 | €53,081 | €44,152 | -€8,928 | -16.8% |
| Operating profit (loss) | 9901 | €50,504 | €41,371 | -€9,133 | -18.1% |
| Financial income | 75/76B | €397 | €1,749 | +€1,353 | +341% |
| Recurring financial income | 75 | €397 | €1,749 | +€1,353 | +341% |
| Financial charges | 65/66B | €310 | €70 | -€240 | -77.3% |
| Recurring financial charges | 65 | €310 | €70 | -€240 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | €50,591 | €43,050 | -€7,541 | -14.9% |
| Income taxes | 67/77 | €10,774 | €9,537 | -€1,237 | -11.5% |
| Profit (loss) for the period | 9904 | €39,817 | €33,513 | -€6,304 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,817 | €33,513 | -€6,304 | -15.8% |
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 16 October 2026 via checked.be.