Milenio: 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.
Milenio
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year +€4,494
up €4,494 (+1.7%), from €271,910 to €276,404
- Profit (loss) carried forward -€2,892
down €2,892 (-2.6%), from -€109,599 to -€112,491
- Other operating charges +€4,028
up €4,028 (+43.0%), from €9,376 to €13,404
- Gross operating margin +€2,560
up €2,560 (+31.1%), from €8,242 to €10,802
- Financial charges -€109
no longer reported in 2025 (was €109)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €210,866 | €211,583 | +€717 | +0.3% |
| Fixed assets | 21/28 | €209,347 | €210,781 | +€1,434 | +0.7% |
| Tangible fixed assets | 22/27 | €209,347 | €210,781 | +€1,434 | +0.7% |
| Land and buildings | 22 | €185,251 | €185,251 | = | 0.0% |
| Plant, machinery and equipment | 23 | €22,689 | €24,123 | +€1,434 | +6.3% |
| Furniture and vehicles | 24 | €1,407 | €1,407 | = | 0.0% |
| Current assets | 29/58 | €1,519 | €802 | -€717 | -47.2% |
| Deferred charges and accrued income | 490/1 | €1,519 | €802 | -€717 | -47.2% |
| Total equity and liabilities | 10/49 | €210,866 | €211,583 | +€717 | +0.3% |
| Equity | 10/15 | -€64,015 | -€66,907 | -€2,892 | -4.5% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €14,597 | €14,597 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,597 | €14,597 | = | 0.0% |
| Legal reserve | 130 | €14,597 | €14,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,599 | -€112,491 | -€2,892 | -2.6% |
| Amounts payable | 17/49 | €274,881 | €278,490 | +€3,609 | +1.3% |
| Amounts payable after more than one year | 17 | €271,910 | €276,404 | +€4,494 | +1.7% |
| Financial debts | 170/4 | €271,910 | €276,404 | +€4,494 | +1.7% |
| Amounts payable within one year | 42/48 | €2,971 | €2,086 | -€885 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €2,971 | €2,086 | -€885 | -29.8% |
| Other operating charges | 640/8 | €9,376 | €13,404 | +€4,028 | +43.0% |
| Non-recurring operating charges | 66A | - | €290 | +€290 | |
| Gross operating margin | 9900 | €8,242 | €10,802 | +€2,560 | +31.1% |
| Operating profit (loss) | 9901 | -€1,134 | -€2,892 | -€1,758 | -155% |
| Financial charges | 65/66B | €109 | - | -€109 | |
| Recurring financial charges | 65 | €109 | - | -€109 | |
| Profit (loss) for the period before taxes | 9903 | -€1,243 | -€2,892 | -€1,649 | -133% |
| Profit (loss) for the period | 9904 | -€1,243 | -€2,892 | -€1,649 | -133% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,243 | -€2,892 | -€1,649 | -133% |
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 15 October 2026 via checked.be.