Milhen Esthetics: 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.
Milhen Esthetics
Largest movements
- Cash -€2,180
down €2,180 (-32.0%), from €6,815 to €4,634
mainly Net result for the year (-€2,579) and Other debts (-€2,203)
- Stocks and contracts -€566
down €566 (-20.6%), from €2,750 to €2,185
- Receivables within one year -€550
down €550 (-49.3%), from €1,114 to €565
- Tangible fixed assets -€405
down €405 (-16.8%), from €2,403 to €1,999
- Profit (loss) carried forward -€2,579
down €2,579 (-29.8%), from -€8,647 to -€11,225
- Other debts -€2,203
down €2,203 (-12.2%), from €18,018 to €15,815
- Tax, wage and social debts +€501
up €501 (+78.7%), from €636 to €1,137
- Accrued charges and deferred income +€500
new in 2025: €500
- Gross operating margin +€5,750
up €5,750 (+75.0%), from -€7,668 to -€1,917
- Depreciation -€265
down €265 (-39.6%), from €669 to €405
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 | €13,082 | €9,382 | -€3,700 | -28.3% |
| Fixed assets | 21/28 | €2,403 | €1,999 | -€405 | -16.8% |
| Tangible fixed assets | 22/27 | €2,403 | €1,999 | -€405 | -16.8% |
| Plant, machinery and equipment | 23 | €2,403 | €1,999 | -€405 | -16.8% |
| Current assets | 29/58 | €10,679 | €7,383 | -€3,296 | -30.9% |
| Stocks and contracts in progress | 3 | €2,750 | €2,185 | -€566 | -20.6% |
| Stocks | 30/36 | €2,750 | €2,185 | -€566 | -20.6% |
| Amounts receivable within one year | 40/41 | €1,114 | €565 | -€550 | -49.3% |
| Other amounts receivable | 41 | €1,114 | €565 | -€550 | -49.3% |
| Cash at bank and in hand | 54/58 | €6,815 | €4,634 | -€2,180 | -32.0% |
| Total equity and liabilities | 10/49 | €13,082 | €9,382 | -€3,700 | -28.3% |
| Equity | 10/15 | -€6,147 | -€8,725 | -€2,579 | -42.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,647 | -€11,225 | -€2,579 | -29.8% |
| Amounts payable | 17/49 | €19,229 | €18,108 | -€1,121 | -5.8% |
| Amounts payable within one year | 42/48 | €19,229 | €17,608 | -€1,621 | -8.4% |
| Trade debts | 44 | €575 | €656 | +€81 | +14.1% |
| Suppliers | 440/4 | €575 | €656 | +€81 | +14.1% |
| Taxes, remuneration and social security | 45 | €636 | €1,137 | +€501 | +78.7% |
| Taxes | 450/3 | €636 | €1,137 | +€501 | +78.7% |
| Other amounts payable | 47/48 | €18,018 | €15,815 | -€2,203 | -12.2% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €669 | €405 | -€265 | -39.6% |
| Other operating charges | 640/8 | €215 | €226 | +€11 | +5.1% |
| Gross operating margin | 9900 | -€7,668 | -€1,917 | +€5,750 | +75.0% |
| Operating profit (loss) | 9901 | -€8,552 | -€2,548 | +€6,004 | +70.2% |
| Financial income | 75/76B | - | €49 | +€49 | |
| Recurring financial income | 75 | - | €49 | +€49 | |
| Financial charges | 65/66B | €94 | €80 | -€15 | -15.4% |
| Recurring financial charges | 65 | €94 | €80 | -€15 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,647 | -€2,579 | +€6,068 | +70.2% |
| Profit (loss) for the period | 9904 | -€8,647 | -€2,579 | +€6,068 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,647 | -€2,579 | +€6,068 | +70.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.