Milestone Process Management: 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 Process Management
Largest movements
- Cash +€10,899
up €10,899 (+78.1%), from €13,950 to €24,849
mainly Other debts (+€28,050) and Net result for the year (+€22,797)
- Tangible fixed assets +€2,160
up €2,160 (+11.5%), from €18,704 to €20,864
of which Other tangible fixed assets: +€5,324
- Receivables within one year -€1,796
down €1,796 (-6.3%), from €28,467 to €26,671
of which Trade receivables: -€1,143
- Other debts +€28,050
up €28,050 (+224%), from €12,517 to €40,566
- Reserves -€13,950
down €13,950 (-12.9%), from €107,908 to €93,957
- Gross operating margin -€17,073
down €17,073 (-30.8%), from €55,519 to €38,446
- Taxes -€4,559
down €4,559 (-30.4%), from €15,012 to €10,452
- Depreciation +€1,459
up €1,459 (+45.1%), from €3,239 to €4,698
- Financial income +€697
up €697 (+183%), from €382 to €1,078
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 | €140,575 | €152,520 | +€11,945 | +8.5% |
| Fixed assets | 21/28 | €18,704 | €20,864 | +€2,160 | +11.5% |
| Tangible fixed assets | 22/27 | €18,704 | €20,864 | +€2,160 | +11.5% |
| Land and buildings | 22 | €616 | €462 | -€154 | -25.0% |
| Plant, machinery and equipment | 23 | €2,761 | €2,006 | -€754 | -27.3% |
| Furniture and vehicles | 24 | €9,899 | €7,643 | -€2,256 | -22.8% |
| Other tangible fixed assets | 26 | €5,428 | €10,752 | +€5,324 | +98.1% |
| Current assets | 29/58 | €121,871 | €131,656 | +€9,786 | +8.0% |
| Amounts receivable within one year | 40/41 | €28,467 | €26,671 | -€1,796 | -6.3% |
| Trade receivables | 40 | €26,467 | €25,324 | -€1,143 | -4.3% |
| Other amounts receivable | 41 | €2,000 | €1,346 | -€654 | -32.7% |
| Current investments | 50/53 | €79,455 | €79,502 | +€48 | +0.1% |
| Cash at bank and in hand | 54/58 | €13,950 | €24,849 | +€10,899 | +78.1% |
| Deferred charges and accrued income | 490/1 | - | €635 | +€635 | |
| Total equity and liabilities | 10/49 | €140,575 | €152,520 | +€11,945 | +8.5% |
| Equity | 10/15 | €116,920 | €102,970 | -€13,950 | -11.9% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €107,908 | €93,957 | -€13,950 | -12.9% |
| Distributable reserves | 133 | €107,908 | €93,957 | -€13,950 | -12.9% |
| Profit (loss) carried forward | 14 | €7,152 | €7,152 | = | 0.0% |
| Amounts payable | 17/49 | €23,655 | €49,551 | +€25,896 | +109% |
| Amounts payable within one year | 42/48 | €23,655 | €49,551 | +€25,896 | +109% |
| Trade debts | 44 | €3,210 | €2,284 | -€926 | -28.8% |
| Suppliers | 440/4 | €3,210 | €2,284 | -€926 | -28.8% |
| Taxes, remuneration and social security | 45 | €7,928 | €6,700 | -€1,228 | -15.5% |
| Taxes | 450/3 | €7,928 | €6,700 | -€1,228 | -15.5% |
| Other amounts payable | 47/48 | €12,517 | €40,566 | +€28,050 | +224% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,239 | €4,698 | +€1,459 | +45.1% |
| Other operating charges | 640/8 | €696 | €820 | +€124 | +17.9% |
| Gross operating margin | 9900 | €55,519 | €38,446 | -€17,073 | -30.8% |
| Operating profit (loss) | 9901 | €51,585 | €32,928 | -€18,657 | -36.2% |
| Financial income | 75/76B | €382 | €1,078 | +€697 | +183% |
| Recurring financial income | 75 | €382 | €1,078 | +€697 | +183% |
| Financial charges | 65/66B | €1,047 | €756 | -€290 | -27.7% |
| Recurring financial charges | 65 | €1,047 | €756 | -€290 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €50,920 | €33,250 | -€17,670 | -34.7% |
| Income taxes | 67/77 | €15,012 | €10,452 | -€4,559 | -30.4% |
| Profit (loss) for the period | 9904 | €35,908 | €22,797 | -€13,110 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,908 | €22,797 | -€13,110 | -36.5% |
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 24 October 2026 via checked.be.