MILEGRAND: 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.
MILEGRAND
Largest movements
- Financial fixed assets +€20,000
new in 2025: €20,000
- Cash +€19,319
up €19,319 (+65.9%), from €29,299 to €48,617
mainly Net result for the year (+€44,732) and Tax, wage and social debts (+€12,108)
- Receivables within one year +€16,588
up €16,588 (+164%), from €10,094 to €26,682
of which Trade receivables: +€16,525
- Profit (loss) carried forward +€39,029
up €39,029 (+154%), from €25,421 to €64,450
- Tax, wage and social debts +€12,108
up €12,108 (+192%), from €6,308 to €18,416
of which Taxes: +€11,932
- Other debts +€4,250
new in 2025: €4,250
- Gross operating margin +€33,017
up €33,017 (+123%), from €26,941 to €59,959
- Taxes +€7,092
up €7,092 (+112%), from €6,308 to €13,400
- Other operating charges -€1,867
down €1,867 (-51.8%), from €3,604 to €1,737
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 | €39,392 | €95,299 | +€55,907 | +142% |
| Fixed assets | 21/28 | - | €20,000 | +€20,000 | |
| Financial fixed assets | 28 | - | €20,000 | +€20,000 | |
| Current assets | 29/58 | €39,392 | €75,299 | +€35,907 | +91.2% |
| Amounts receivable within one year | 40/41 | €10,094 | €26,682 | +€16,588 | +164% |
| Trade receivables | 40 | €9,825 | €26,350 | +€16,525 | +168% |
| Other amounts receivable | 41 | €269 | €332 | +€63 | +23.4% |
| Cash at bank and in hand | 54/58 | €29,299 | €48,617 | +€19,319 | +65.9% |
| Total equity and liabilities | 10/49 | €39,392 | €95,299 | +€55,907 | +142% |
| Equity | 10/15 | €32,778 | €72,510 | +€39,732 | +121% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,157 | €1,860 | +€703 | +60.8% |
| Non-distributable reserves | 130/1 | €1,157 | €1,860 | +€703 | +60.8% |
| Legal reserve | 130 | €1,157 | €1,860 | +€703 | +60.8% |
| Profit (loss) carried forward | 14 | €25,421 | €64,450 | +€39,029 | +154% |
| Amounts payable | 17/49 | €6,614 | €22,789 | +€16,175 | +245% |
| Amounts payable within one year | 42/48 | €6,614 | €22,789 | +€16,175 | +245% |
| Trade debts | 44 | €306 | €123 | -€183 | -59.8% |
| Suppliers | 440/4 | €306 | €123 | -€183 | -59.8% |
| Taxes, remuneration and social security | 45 | €6,308 | €18,416 | +€12,108 | +192% |
| Taxes | 450/3 | €6,308 | €18,239 | +€11,932 | +189% |
| Remuneration and social security | 454/9 | - | €177 | +€177 | |
| Other amounts payable | 47/48 | - | €4,250 | +€4,250 | |
| Other operating charges | 640/8 | €3,604 | €1,737 | -€1,867 | -51.8% |
| Gross operating margin | 9900 | €26,941 | €59,959 | +€33,017 | +123% |
| Operating profit (loss) | 9901 | €23,337 | €58,222 | +€34,884 | +149% |
| Financial income | 75/76B | €53 | - | -€53 | |
| Recurring financial income | 75 | €53 | - | -€53 | |
| Financial charges | 65/66B | €94 | €90 | -€4 | -4.1% |
| Recurring financial charges | 65 | €94 | €90 | -€4 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €23,296 | €58,131 | +€34,835 | +150% |
| Income taxes | 67/77 | €6,308 | €13,400 | +€7,092 | +112% |
| Profit (loss) for the period | 9904 | €16,989 | €44,732 | +€27,743 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €16,989 | €44,732 | +€27,743 | +163% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.