MILIEN 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.
MILIEN MANAGEMENT
Largest movements
- Tangible fixed assets +€7,811
up €7,811 (+3.3%), from €237,907 to €245,719
of which Furniture and vehicles: +€22,781
- Cash -€4,533
down €4,533 (-70.0%), from €6,477 to €1,943
mainly Investment in fixed assets (net) (-€25,467) and Current portion of long-term debt (-€22,217)
- Receivables within one year +€3,144
up €3,144 (+10.5%), from €29,946 to €33,090
of which Other amounts receivable: +€1,739
- Deferred charges and accrued income +€3,036
up €3,036 (+168%), from €1,807 to €4,843
- Other debts +€41,744
up €41,744 (+99.0%), from €42,182 to €83,926
- Current portion of long-term debt -€22,217
no longer reported in 2025 (was €22,217)
- Profit (loss) carried forward -€8,168
down €8,168 (-71.6%), from -€11,406 to -€19,573
- Gross operating margin -€17,593
down €17,593 (-38.8%), from €45,329 to €27,736
- Financial charges -€1,200
down €1,200 (-7.5%), from €16,057 to €14,857
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 | €276,137 | €285,595 | +€9,458 | +3.4% |
| Fixed assets | 21/28 | €237,907 | €245,719 | +€7,811 | +3.3% |
| Tangible fixed assets | 22/27 | €237,907 | €245,719 | +€7,811 | +3.3% |
| Land and buildings | 22 | €7,545 | €5,232 | -€2,313 | -30.7% |
| Furniture and vehicles | 24 | €365 | €23,146 | +€22,781 | +6,241% |
| Leasing and similar rights | 25 | €226,365 | €214,307 | -€12,058 | -5.3% |
| Other tangible fixed assets | 26 | €3,632 | €3,033 | -€599 | -16.5% |
| Current assets | 29/58 | €38,230 | €39,877 | +€1,647 | +4.3% |
| Amounts receivable within one year | 40/41 | €29,946 | €33,090 | +€3,144 | +10.5% |
| Trade receivables | 40 | €29,946 | €31,351 | +€1,405 | +4.7% |
| Other amounts receivable | 41 | - | €1,739 | +€1,739 | |
| Cash at bank and in hand | 54/58 | €6,477 | €1,943 | -€4,533 | -70.0% |
| Deferred charges and accrued income | 490/1 | €1,807 | €4,843 | +€3,036 | +168% |
| Total equity and liabilities | 10/49 | €276,137 | €285,595 | +€9,458 | +3.4% |
| Equity | 10/15 | €8,245 | €77 | -€8,168 | -99.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,050 | €1,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,050 | €1,050 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,050 | €1,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,406 | -€19,573 | -€8,168 | -71.6% |
| Provisions and deferred taxes | 16 | €197,623 | €196,769 | -€854 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €197,623 | €196,769 | -€854 | -0.4% |
| Environmental obligations | 163 | €197,623 | €196,769 | -€854 | -0.4% |
| Amounts payable | 17/49 | €70,269 | €88,749 | +€18,480 | +26.3% |
| Amounts payable within one year | 42/48 | €70,269 | €88,749 | +€18,480 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €22,217 | - | -€22,217 | |
| Trade debts | 44 | €4,360 | €4,574 | +€214 | +4.9% |
| Suppliers | 440/4 | €4,360 | €4,574 | +€214 | +4.9% |
| Taxes, remuneration and social security | 45 | €1,510 | €250 | -€1,260 | -83.4% |
| Taxes | 450/3 | €1,510 | €250 | -€1,260 | -83.4% |
| Other amounts payable | 47/48 | €42,182 | €83,926 | +€41,744 | +99.0% |
| Non-recurring operating income | 76A | €712 | €854 | +€142 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,238 | €17,656 | +€418 | +2.4% |
| Other operating charges | 640/8 | €3,304 | €3,141 | -€163 | -4.9% |
| Gross operating margin | 9900 | €45,329 | €27,736 | -€17,593 | -38.8% |
| Operating profit (loss) | 9901 | €24,787 | €6,939 | -€17,848 | -72.0% |
| Financial charges | 65/66B | €16,057 | €14,857 | -€1,200 | -7.5% |
| Recurring financial charges | 65 | €16,057 | €14,857 | -€1,200 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €8,730 | -€7,918 | -€16,648 | |
| Income taxes | 67/77 | €264 | €250 | -€14 | -5.3% |
| Profit (loss) for the period | 9904 | €8,466 | -€8,168 | -€16,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,466 | -€8,168 | -€16,634 |
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 27 October 2026 via checked.be.