Milenst: 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.
Milenst
Largest movements
- Receivables within one year +€32,449
up €32,449 (+6739.0%), from €482 to €32,931
of which Other amounts receivable: +€27,323
- Cash +€1,937
up €1,937 (+395.2%), from €490 to €2,428
mainly Tax, wage and social debts (+€23,521) and Net result for the year (+€12,568)
- Formation expenses -€718
down €718 (-40.0%), from €1,796 to €1,078
- Tax, wage and social debts +€23,521
new in 2025: €23,521
- Reserves +€11,578
new in 2025: €11,578
- Other debts -€3,760
down €3,760 (-100.0%), from €3,760 to €0
- Profit (loss) carried forward +€990
up €990, from -€990 to €0
- Short-term financial debts +€852
up €852 (+860.9%), from €99 to €951
- Gross operating margin +€20,023
up €20,023, from -€600 to €19,423
- Taxes +€4,603
new in 2025: €4,603
- Financial charges +€1,681
up €1,681 (+5156.6%), from €33 to €1,713
- Depreciation +€360
up €360 (+100.5%), from €358 to €718
- Financial income +€298
up €298 (+2983700.0%), from €0 to €298
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 | €3,869 | €37,322 | +€33,454 | +864.8% |
| Formation expenses | 20 | €1,796 | €1,078 | -€718 | -40.0% |
| Current assets | 29/58 | €2,073 | €36,244 | +€34,172 | +1648.8% |
| Amounts receivable within one year | 40/41 | €482 | €32,931 | +€32,449 | +6739.0% |
| Trade receivables | 40 | - | €5,126 | +€5,126 | |
| Other amounts receivable | 41 | €482 | €27,805 | +€27,323 | +5674.5% |
| Cash at bank and in hand | 54/58 | €490 | €2,428 | +€1,937 | +395.2% |
| Deferred charges and accrued income | 490/1 | €1,101 | €886 | -€215 | -19.5% |
| Total equity and liabilities | 10/49 | €3,869 | €37,322 | +€33,454 | +864.8% |
| Equity | 10/15 | €10 | €12,578 | +€12,568 | +127462.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €11,578 | +€11,578 | |
| Distributable reserves | 133 | - | €11,578 | +€11,578 | |
| Profit (loss) carried forward | 14 | -€990 | €0 | +€990 | |
| Amounts payable | 17/49 | €3,859 | €24,744 | +€20,886 | +541.3% |
| Amounts payable within one year | 42/48 | €3,859 | €24,709 | +€20,850 | +540.4% |
| Financial debts | 43 | €99 | €951 | +€852 | +860.9% |
| Credit institutions | 430/8 | €99 | €951 | +€852 | +860.9% |
| Trade debts | 44 | - | €236 | +€236 | |
| Suppliers | 440/4 | - | €236 | +€236 | |
| Taxes, remuneration and social security | 45 | - | €23,521 | +€23,521 | |
| Taxes | 450/3 | - | €23,521 | +€23,521 | |
| Other amounts payable | 47/48 | €3,760 | €0 | -€3,760 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €718 | +€360 | +100.5% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€600 | €19,423 | +€20,023 | |
| Operating profit (loss) | 9901 | -€958 | €18,585 | +€19,543 | |
| Financial income | 75/76B | €0 | €298 | +€298 | +2983700.0% |
| Recurring financial income | 75 | €0 | €298 | +€298 | +2983700.0% |
| Financial charges | 65/66B | €33 | €1,713 | +€1,681 | +5156.6% |
| Recurring financial charges | 65 | €33 | €1,713 | +€1,681 | +5156.6% |
| Profit (loss) for the period before taxes | 9903 | -€990 | €17,171 | +€18,161 | |
| Income taxes | 67/77 | - | €4,603 | +€4,603 | |
| Profit (loss) for the period | 9904 | -€990 | €12,568 | +€13,558 | |
| Profit (loss) for the period to be appropriated | 9905 | -€990 | €12,568 | +€13,558 |
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 12 October 2026 via checked.be.