MILESTONE.BE: 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.
MILESTONE.BE
Largest movements
- Cash +€63,161
up €63,161 (+10.0%), from €633,023 to €696,184
mainly Other debts (+€328,244) and Net result for the year (+€241,578)
- Tangible fixed assets +€51,624
up €51,624 (+233%), from €22,173 to €73,797
of which Furniture and vehicles: +€51,624
- Deferred charges and accrued income -€43,876
down €43,876 (-91.3%), from €48,083 to €4,207
- Receivables within one year -€18,233
down €18,233 (-81.4%), from €22,390 to €4,157
of which Other amounts receivable: -€10,000
- Other debts +€328,244
up €328,244 (+29,490%), from €1,113 to €329,357
- Accrued charges and deferred income -€209,602
down €209,602 (-97.8%), from €214,390 to €4,788
- Reserves -€130,324
down €130,324 (-31.0%), from €420,522 to €290,198
- Tax, wage and social debts +€24,392
up €24,392 (+277%), from €8,803 to €33,195
of which Taxes: +€24,392
- Debts after one year +€16,171
new in 2025: €16,171
- Turnover +€1.1m
up €1.1m (+246%), from €446,275 to €1.5m
- Purchases and services +€809,152
up €809,152 (+200%), from €403,955 to €1.2m
- Gross operating margin +€302,537
up €302,537 (+493%), from €61,423 to €363,960
- Taxes +€95,716
up €95,716 (+667%), from €14,355 to €110,071
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 | €725,668 | €778,345 | +€52,677 | +7.3% |
| Fixed assets | 21/28 | €22,173 | €73,797 | +€51,624 | +233% |
| Tangible fixed assets | 22/27 | €22,173 | €73,797 | +€51,624 | +233% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €22,173 | €73,797 | +€51,624 | +233% |
| Current assets | 29/58 | €703,495 | €704,549 | +€1,053 | +0.1% |
| Amounts receivable within one year | 40/41 | €22,390 | €4,157 | -€18,233 | -81.4% |
| Trade receivables | 40 | €12,390 | €4,157 | -€8,233 | -66.4% |
| Other amounts receivable | 41 | €10,000 | €0 | -€10,000 | -100% |
| Cash at bank and in hand | 54/58 | €633,023 | €696,184 | +€63,161 | +10.0% |
| Deferred charges and accrued income | 490/1 | €48,083 | €4,207 | -€43,876 | -91.3% |
| Total equity and liabilities | 10/49 | €725,668 | €778,345 | +€52,677 | +7.3% |
| Equity | 10/15 | €472,144 | €341,820 | -€130,324 | -27.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €420,522 | €290,198 | -€130,324 | -31.0% |
| Distributable reserves | 133 | €420,522 | €290,198 | -€130,324 | -31.0% |
| Profit (loss) carried forward | 14 | €39,222 | €39,222 | = | 0.0% |
| Amounts payable | 17/49 | €253,524 | €436,525 | +€183,001 | +72.2% |
| Amounts payable after more than one year | 17 | - | €16,171 | +€16,171 | |
| Financial debts | 170/4 | - | €16,171 | +€16,171 | |
| Amounts payable within one year | 42/48 | €39,134 | €415,567 | +€376,432 | +962% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,823 | +€9,823 | |
| Trade debts | 44 | €29,218 | €43,192 | +€13,974 | +47.8% |
| Suppliers | 440/4 | €29,218 | €43,192 | +€13,974 | +47.8% |
| Taxes, remuneration and social security | 45 | €8,803 | €33,195 | +€24,392 | +277% |
| Taxes | 450/3 | €6,803 | €31,195 | +€24,392 | +359% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,113 | €329,357 | +€328,244 | +29,490% |
| Accrued charges and deferred income | 492/3 | €214,390 | €4,788 | -€209,602 | -97.8% |
| Turnover | 70 | €446,275 | €1,544,653 | +€1.1m | +246% |
| Goods, raw materials, services and sundry goods | 60/61 | €403,955 | €1,213,108 | +€809,152 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,531 | €11,220 | -€3,311 | -22.8% |
| Other operating charges | 640/8 | €603 | €620 | +€18 | +2.9% |
| Gross operating margin | 9900 | €61,423 | €363,960 | +€302,537 | +493% |
| Operating profit (loss) | 9901 | €46,290 | €352,120 | +€305,830 | +661% |
| Financial income | 75/76B | €51 | €250 | +€199 | +386% |
| Recurring financial income | 75 | €51 | €250 | +€199 | +386% |
| Financial charges | 65/66B | €464 | €721 | +€257 | +55.5% |
| Recurring financial charges | 65 | €464 | €721 | +€257 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | €45,877 | €351,649 | +€305,772 | +666% |
| Income taxes | 67/77 | €14,355 | €110,071 | +€95,716 | +667% |
| Profit (loss) for the period | 9904 | €31,522 | €241,578 | +€210,056 | +666% |
| Profit (loss) for the period to be appropriated | 9905 | €31,522 | €241,578 | +€210,056 | +666% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.