MILIS: what changed
Two fiscal 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.
MILIS
Largest movements
- Cash -€215,655
down €215,655 (-79.3%), from €272,110 to €56,455
mainly Investment in fixed assets (net) (-€190,129) and Current investments (-€131,158)
- Current investments +€131,158
up €131,158 (+30.9%), from €424,993 to €556,151
- Tangible fixed assets +€91,250
up €91,250 (+4.9%), from €1.9m to €1.9m
of which Furniture and vehicles: +€96,588
- Reserves +€55,795
up €55,795 (+6.5%), from €855,816 to €911,611
of which Distributable reserves: +€84,875
- Financial charges +€11,197
up €11,197 (+31.1%), from €36,018 to €47,215
- Other operating charges +€7,430
up €7,430 (+40.4%), from €18,402 to €25,832
- Depreciation +€6,001
up €6,001 (+6.5%), from €92,878 to €98,878
- Gross operating margin -€5,222
down €5,222 (-2.1%), from €245,426 to €240,204
- Financial income +€3,686
up €3,686 (+24.9%), from €14,784 to €18,470
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.
Cash bridge derived
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 | €2,560,316 | €2,563,839 | +€3,523 | +0.1% |
| Fixed assets | 21/28 | €1,855,582 | €1,946,832 | +€91,250 | +4.9% |
| Tangible fixed assets | 22/27 | €1,855,582 | €1,946,832 | +€91,250 | +4.9% |
| Land and buildings | 22 | €1,830,234 | €1,827,271 | -€2,963 | -0.2% |
| Plant, machinery and equipment | 23 | €15,344 | €12,970 | -€2,375 | -15.5% |
| Furniture and vehicles | 24 | €10,004 | €106,592 | +€96,588 | +965.5% |
| Current assets | 29/58 | €704,734 | €617,007 | -€87,727 | -12.4% |
| Amounts receivable within one year | 40/41 | €5,862 | €261 | -€5,601 | -95.5% |
| Trade receivables | 40 | €5,598 | €110 | -€5,488 | -98.0% |
| Other amounts receivable | 41 | €264 | €151 | -€113 | -42.9% |
| Current investments | 50/53 | €424,993 | €556,151 | +€131,158 | +30.9% |
| Cash at bank and in hand | 54/58 | €272,110 | €56,455 | -€215,655 | -79.3% |
| Deferred charges and accrued income | 490/1 | €1,769 | €4,141 | +€2,372 | +134.0% |
| Total equity and liabilities | 10/49 | €2,560,316 | €2,563,839 | +€3,523 | +0.1% |
| Equity | 10/15 | €1,585,066 | €1,640,860 | +€55,795 | +3.5% |
| Contributions | 10/11 | €729,250 | €729,250 | = | 0.0% |
| Capital | 10 | €729,250 | €729,250 | = | 0.0% |
| Issued capital | 100 | €729,250 | €729,250 | = | 0.0% |
| Reserves | 13 | €855,816 | €911,611 | +€55,795 | +6.5% |
| Non-distributable reserves | 130/1 | €47,596 | €52,063 | +€4,467 | +9.4% |
| Legal reserve | 130 | €47,596 | €52,063 | +€4,467 | +9.4% |
| Tax-exempt reserves | 132 | €520,364 | €486,817 | -€33,547 | -6.4% |
| Distributable reserves | 133 | €287,856 | €372,731 | +€84,875 | +29.5% |
| Provisions and deferred taxes | 16 | €171,613 | €160,430 | -€11,182 | -6.5% |
| Deferred taxes | 168 | €171,613 | €160,430 | -€11,182 | -6.5% |
| Amounts payable | 17/49 | €803,638 | €762,549 | -€41,089 | -5.1% |
| Amounts payable after more than one year | 17 | €162,222 | €143,555 | -€18,667 | -11.5% |
| Financial debts | 170/4 | €162,222 | €143,555 | -€18,667 | -11.5% |
| Amounts payable within one year | 42/48 | €596,351 | €571,034 | -€25,317 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €18,667 | €18,667 | = | 0.0% |
| Trade debts | 44 | €2,585 | €16,335 | +€13,750 | +531.9% |
| Suppliers | 440/4 | €2,585 | €16,335 | +€13,750 | +531.9% |
| Advances received on contracts in progress | 46 | - | €753 | +€753 | |
| Taxes, remuneration and social security | 45 | €46,138 | €26,158 | -€19,981 | -43.3% |
| Taxes | 450/3 | €46,138 | €26,158 | -€19,981 | -43.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €528,961 | €509,121 | -€19,840 | -3.8% |
| Accrued charges and deferred income | 492/3 | €45,065 | €47,960 | +€2,895 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,878 | €98,878 | +€6,001 | +6.5% |
| Other operating charges | 640/8 | €18,402 | €25,832 | +€7,430 | +40.4% |
| Gross operating margin | 9900 | €245,426 | €240,204 | -€5,222 | -2.1% |
| Operating profit (loss) | 9901 | €134,147 | €115,494 | -€18,652 | -13.9% |
| Financial income | 75/76B | €14,784 | €18,470 | +€3,686 | +24.9% |
| Recurring financial income | 75 | €14,784 | €18,470 | +€3,686 | +24.9% |
| Financial charges | 65/66B | €36,018 | €47,215 | +€11,197 | +31.1% |
| Recurring financial charges | 65 | €36,018 | €47,215 | +€11,197 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €112,913 | €86,749 | -€26,164 | -23.2% |
| Transfer from deferred taxes | 780 | €11,182 | €11,182 | = | 0.0% |
| Income taxes | 67/77 | €40,764 | €42,137 | +€1,373 | +3.4% |
| Profit (loss) for the period | 9904 | €83,331 | €55,795 | -€27,537 | -33.0% |
| Transfer from tax-exempt reserves | 789 | €33,547 | €33,547 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €116,878 | €89,342 | -€27,537 | -23.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.