Milestone FinTech Services: 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 FinTech Services
Largest movements
- Cash +€89,044
up €89,044 (+288%), from €30,961 to €120,004
mainly Net result for the year (+€91,582) and Tax, wage and social debts (+€20,814)
- Tangible fixed assets +€13,252
up €13,252 (+136%), from €9,749 to €23,001
of which Plant, machinery and equipment: +€12,694
- Reserves +€140,317
new in 2025: €140,317
- Profit (loss) carried forward -€48,735
down €48,735 (-100%), from €48,735 to €0
- Tax, wage and social debts +€20,814
up €20,814 (+151%), from €13,811 to €34,625
- Other debts -€7,935
down €7,935 (-68.8%), from €11,536 to €3,600
- Gross operating margin +€57,160
up €57,160 (+91.9%), from €62,227 to €119,387
- Taxes +€11,497
up €11,497 (+88.5%), from €12,988 to €24,485
- Depreciation +€2,491
up €2,491 (+519%), from €480 to €2,971
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 | €78,703 | €182,602 | +€103,899 | +132% |
| Fixed assets | 21/28 | €9,749 | €23,001 | +€13,252 | +136% |
| Tangible fixed assets | 22/27 | €9,749 | €23,001 | +€13,252 | +136% |
| Plant, machinery and equipment | 23 | €2,718 | €15,412 | +€12,694 | +467% |
| Furniture and vehicles | 24 | €7,031 | €7,589 | +€558 | +7.9% |
| Current assets | 29/58 | €68,955 | €159,602 | +€90,647 | +131% |
| Amounts receivable within one year | 40/41 | €37,994 | €39,597 | +€1,603 | +4.2% |
| Trade receivables | 40 | €37,994 | €39,597 | +€1,603 | +4.2% |
| Cash at bank and in hand | 54/58 | €30,961 | €120,004 | +€89,044 | +288% |
| Total equity and liabilities | 10/49 | €78,703 | €182,602 | +€103,899 | +132% |
| Equity | 10/15 | €52,235 | €143,817 | +€91,582 | +175% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | - | €140,317 | +€140,317 | |
| Distributable reserves | 133 | - | €140,317 | +€140,317 | |
| Profit (loss) carried forward | 14 | €48,735 | €0 | -€48,735 | -100% |
| Amounts payable | 17/49 | €26,468 | €38,785 | +€12,317 | +46.5% |
| Amounts payable within one year | 42/48 | €26,468 | €38,785 | +€12,317 | +46.5% |
| Trade debts | 44 | €1,121 | €560 | -€561 | -50.1% |
| Suppliers | 440/4 | €1,121 | €560 | -€561 | -50.1% |
| Taxes, remuneration and social security | 45 | €13,811 | €34,625 | +€20,814 | +151% |
| Taxes | 450/3 | €13,811 | €34,625 | +€20,814 | +151% |
| Other amounts payable | 47/48 | €11,536 | €3,600 | -€7,935 | -68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €480 | €2,971 | +€2,491 | +519% |
| Other operating charges | 640/8 | - | €289 | +€289 | |
| Gross operating margin | 9900 | €62,227 | €119,387 | +€57,160 | +91.9% |
| Operating profit (loss) | 9901 | €61,747 | €116,126 | +€54,380 | +88.1% |
| Financial charges | 65/66B | €24 | €60 | +€36 | +153% |
| Recurring financial charges | 65 | €24 | €60 | +€36 | +153% |
| Profit (loss) for the period before taxes | 9903 | €61,723 | €116,066 | +€54,343 | +88.0% |
| Income taxes | 67/77 | €12,988 | €24,485 | +€11,497 | +88.5% |
| Profit (loss) for the period | 9904 | €48,735 | €91,582 | +€42,846 | +87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,735 | €91,582 | +€42,846 | +87.9% |
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 23 October 2026 via checked.be.