MILENTIS: what changed
Two fiscal 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.
MILENTIS
Largest movements
- Cash +€36,362
up €36,362 (+119.4%), from €30,463 to €66,825
mainly Debts after one year (+€30,000) and Net result for the year (+€22,965)
- Receivables within one year +€33,658
up €33,658 (+3478.1%), from €968 to €34,626
of which Trade receivables: +€27,121
- Deferred charges and accrued income -€18,821
down €18,821 (-94.0%), from €20,023 to €1,203
- Tangible fixed assets -€14,074
down €14,074 (-28.0%), from €50,286 to €36,212
of which Furniture and vehicles: -€14,393
- Debts after one year +€30,000
up €30,000 (+62.0%), from €48,387 to €78,387
- Other debts -€24,362
down €24,362 (-39.0%), from €62,475 to €38,113
- Profit (loss) carried forward +€22,965
up €22,965 (+97.4%), from -€23,570 to -€605
- Accrued charges and deferred income +€5,496
up €5,496 (+500.4%), from €1,098 to €6,594
- Trade debts +€3,025
up €3,025 (+240.5%), from €1,258 to €4,283
- Gross operating margin -€45,392
down €45,392 (-46.3%), from €97,963 to €52,570
- Taxes +€7,980
up €7,980 (+2328.2%), from €343 to €8,322
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,701 | €139,826 | +€37,125 | +36.1% |
| Fixed assets | 21/28 | €51,246 | €37,172 | -€14,074 | -27.5% |
| Tangible fixed assets | 22/27 | €50,286 | €36,212 | -€14,074 | -28.0% |
| Plant, machinery and equipment | 23 | €274 | €592 | +€318 | +116.2% |
| Furniture and vehicles | 24 | €50,012 | €35,620 | -€14,393 | -28.8% |
| Financial fixed assets | 28 | €960 | €960 | = | 0.0% |
| Current assets | 29/58 | €51,455 | €102,654 | +€51,199 | +99.5% |
| Amounts receivable within one year | 40/41 | €968 | €34,626 | +€33,658 | +3478.1% |
| Trade receivables | 40 | €405 | €27,526 | +€27,121 | +6698.5% |
| Other amounts receivable | 41 | €563 | €7,100 | +€6,537 | +1161.5% |
| Cash at bank and in hand | 54/58 | €30,463 | €66,825 | +€36,362 | +119.4% |
| Deferred charges and accrued income | 490/1 | €20,023 | €1,203 | -€18,821 | -94.0% |
| Total equity and liabilities | 10/49 | €102,701 | €139,826 | +€37,125 | +36.1% |
| Equity | 10/15 | -€10,517 | €12,448 | +€22,965 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €653 | €653 | = | 0.0% |
| Distributable reserves | 133 | €653 | €653 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,570 | -€605 | +€22,965 | +97.4% |
| Amounts payable | 17/49 | €113,218 | €127,377 | +€14,159 | +12.5% |
| Amounts payable after more than one year | 17 | €48,387 | €78,387 | +€30,000 | +62.0% |
| Other amounts payable | 178/9 | €48,387 | €78,387 | +€30,000 | +62.0% |
| Amounts payable within one year | 42/48 | €63,733 | €42,396 | -€21,336 | -33.5% |
| Trade debts | 44 | €1,258 | €4,283 | +€3,025 | +240.5% |
| Suppliers | 440/4 | €1,258 | €4,283 | +€3,025 | +240.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €62,475 | €38,113 | -€24,362 | -39.0% |
| Accrued charges and deferred income | 492/3 | €1,098 | €6,594 | +€5,496 | +500.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,855 | €14,852 | -€3 | 0.0% |
| Other operating charges | 640/8 | €5,806 | €6,009 | +€203 | +3.5% |
| Gross operating margin | 9900 | €97,963 | €52,570 | -€45,392 | -46.3% |
| Operating profit (loss) | 9901 | €77,302 | €31,710 | -€45,592 | -59.0% |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €354 | €432 | +€78 | +21.9% |
| Recurring financial charges | 65 | €354 | €432 | +€78 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €76,948 | €31,288 | -€45,660 | -59.3% |
| Income taxes | 67/77 | €343 | €8,322 | +€7,980 | +2328.2% |
| Profit (loss) for the period | 9904 | €76,605 | €22,965 | -€53,639 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,605 | €22,965 | -€53,639 | -70.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.