MILENA 2013: what changed
MILENA 2013
Largest movements
- Receivables within one year +€38,079
up €38,079 (+428%), from €8,889 to €46,968
- Stocks and contracts +€10,535
up €10,535 (+948%), from €1,112 to €11,646
- Cash +€4,331
up €4,331 (+3,343%), from €130 to €4,461
mainly Other debts (+€70,896) and Tax, wage and social debts (+€19,495)
- Other debts +€70,896
up €70,896 (+88.3%), from €80,291 to €151,188
- Trade debts -€55,737
down €55,737 (-54.4%), from €102,522 to €46,785
- Tax, wage and social debts +€19,495
up €19,495 (+46.3%), from €42,107 to €61,602
of which Remuneration and social security: +€20,803
- Profit (loss) carried forward +€17,894
up €17,894 (+7.7%), from -€232,994 to -€215,100
- Gross operating margin +€144,469
up €144,469, from -€82,899 to €61,569
- Staff costs +€10,443
up €10,443 (+33.2%), from €31,446 to €41,888
- Other operating charges -€1,220
down €1,220 (-46.5%), from €2,624 to €1,404
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,526 | €63,075 | +€52,549 | +499% |
| Current assets | 29/58 | €10,526 | €63,075 | +€52,549 | +499% |
| Stocks and contracts in progress | 3 | €1,112 | €11,646 | +€10,535 | +948% |
| Stocks | 30/36 | €1,112 | €11,646 | +€10,535 | +948% |
| Amounts receivable within one year | 40/41 | €8,889 | €46,968 | +€38,079 | +428% |
| Trade receivables | 40 | €8,889 | €46,968 | +€38,079 | +428% |
| Cash at bank and in hand | 54/58 | €130 | €4,461 | +€4,331 | +3,343% |
| Deferred charges and accrued income | 490/1 | €396 | €0 | -€396 | -100% |
| Total equity and liabilities | 10/49 | €10,526 | €63,075 | +€52,549 | +499% |
| Equity | 10/15 | -€214,394 | -€196,500 | +€17,894 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€232,994 | -€215,100 | +€17,894 | +7.7% |
| Amounts payable | 17/49 | €224,920 | €259,575 | +€34,655 | +15.4% |
| Amounts payable within one year | 42/48 | €224,920 | €259,575 | +€34,655 | +15.4% |
| Trade debts | 44 | €102,522 | €46,785 | -€55,737 | -54.4% |
| Suppliers | 440/4 | €102,522 | €46,785 | -€55,737 | -54.4% |
| Taxes, remuneration and social security | 45 | €42,107 | €61,602 | +€19,495 | +46.3% |
| Taxes | 450/3 | €1,308 | €0 | -€1,308 | -100% |
| Remuneration and social security | 454/9 | €40,799 | €61,602 | +€20,803 | +51.0% |
| Other amounts payable | 47/48 | €80,291 | €151,188 | +€70,896 | +88.3% |
| Non-recurring operating income | 76A | €4,158 | €5,528 | +€1,370 | +32.9% |
| Remuneration, social security and pensions | 62 | €31,446 | €41,888 | +€10,443 | +33.2% |
| Other operating charges | 640/8 | €2,624 | €1,404 | -€1,220 | -46.5% |
| Non-recurring operating charges | 66A | - | €43 | +€43 | |
| Gross operating margin | 9900 | -€82,899 | €61,569 | +€144,469 | |
| Operating profit (loss) | 9901 | -€116,969 | €18,233 | +€135,202 | |
| Financial income | 75/76B | €404 | €334 | -€70 | -17.3% |
| Recurring financial income | 75 | €404 | €334 | -€70 | -17.3% |
| Financial charges | 65/66B | €1,412 | €673 | -€739 | -52.4% |
| Recurring financial charges | 65 | €1,412 | €673 | -€739 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | -€117,978 | €17,894 | +€135,872 | |
| Profit (loss) for the period | 9904 | -€117,978 | €17,894 | +€135,872 | |
| Profit (loss) for the period to be appropriated | 9905 | -€117,978 | €17,894 | +€135,872 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.