Mili-Pelt: what changed
Mili-Pelt
Largest movements
- Cash +€16,652
up €16,652 (+1,179%), from €1,413 to €18,065
mainly Net result for the year (+€87,484) and Current portion of long-term debt (+€12,326)
- Reserves +€87,484
up €87,484 (+14.8%), from €590,811 to €678,295
- Debts after one year -€80,986
down €80,986 (-14.4%), from €563,064 to €482,079
- Gross operating margin +€47,864
up €47,864, from -€40,515 to €7,349
- Depreciation +€7,283
up €7,283 (+472%), from €1,545 to €8,828
- Financial charges +€6,998
up €6,998 (+319%), from €2,196 to €9,194
- Financial income -€3,000
down €3,000 (-2.9%), from €103,000 to €100,000
- Other operating charges +€765
up €765 (+70.8%), from €1,080 to €1,844
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,249,200 | €1,268,024 | +€18,824 | +1.5% |
| Fixed assets | 21/28 | €1,239,955 | €1,231,128 | -€8,828 | -0.7% |
| Tangible fixed assets | 22/27 | €263,455 | €254,628 | -€8,828 | -3.4% |
| Land and buildings | 22 | €263,455 | €254,628 | -€8,828 | -3.4% |
| Financial fixed assets | 28 | €976,500 | €976,500 | = | 0.0% |
| Current assets | 29/58 | €9,245 | €36,897 | +€27,652 | +299% |
| Amounts receivable within one year | 40/41 | €7,832 | €18,832 | +€11,000 | +140% |
| Other amounts receivable | 41 | €7,832 | €18,832 | +€11,000 | +140% |
| Cash at bank and in hand | 54/58 | €1,413 | €18,065 | +€16,652 | +1,179% |
| Total equity and liabilities | 10/49 | €1,249,200 | €1,268,024 | +€18,824 | +1.5% |
| Equity | 10/15 | €653,476 | €740,960 | +€87,484 | +13.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €590,811 | €678,295 | +€87,484 | +14.8% |
| Distributable reserves | 133 | €590,811 | €678,295 | +€87,484 | +14.8% |
| Profit (loss) carried forward | 14 | €57,665 | €57,665 | = | 0.0% |
| Amounts payable | 17/49 | €595,724 | €527,064 | -€68,660 | -11.5% |
| Amounts payable after more than one year | 17 | €563,064 | €482,079 | -€80,986 | -14.4% |
| Financial debts | 170/4 | €563,064 | €482,079 | -€80,986 | -14.4% |
| Amounts payable within one year | 42/48 | €32,660 | €44,986 | +€12,326 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €32,660 | €44,986 | +€12,326 | +37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,545 | €8,828 | +€7,283 | +472% |
| Other operating charges | 640/8 | €1,080 | €1,844 | +€765 | +70.8% |
| Gross operating margin | 9900 | -€40,515 | €7,349 | +€47,864 | |
| Operating profit (loss) | 9901 | -€43,139 | -€3,323 | +€39,816 | +92.3% |
| Financial income | 75/76B | €103,000 | €100,000 | -€3,000 | -2.9% |
| Recurring financial income | 75 | €103,000 | €100,000 | -€3,000 | -2.9% |
| Financial charges | 65/66B | €2,196 | €9,194 | +€6,998 | +319% |
| Recurring financial charges | 65 | €2,196 | €9,194 | +€6,998 | +319% |
| Profit (loss) for the period before taxes | 9903 | €57,665 | €87,484 | +€29,819 | +51.7% |
| Profit (loss) for the period | 9904 | €57,665 | €87,484 | +€29,819 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,665 | €87,484 | +€29,819 | +51.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.