MILITO: 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.
MILITO
Largest movements
- Receivables within one year -€6,210
down €6,210 (-63.6%), from €9,764 to €3,553
of which Trade receivables: -€6,006
- Cash -€831
down €831 (-14.5%), from €5,726 to €4,896
mainly Trade debts (-€8,410) and Other debts (-€558)
- Tangible fixed assets -€751
down €751 (-24.3%), from €3,098 to €2,347
- Trade debts -€8,410
down €8,410 (-85.7%), from €9,818 to €1,409
- Profit (loss) carried forward +€575
up €575 (+3.3%), from -€17,690 to -€17,115
- Other debts -€558
down €558 (-5.7%), from €9,843 to €9,285
- Tax, wage and social debts +€318
up €318 (+34.0%), from €937 to €1,255
- Gross operating margin -€5,384
down €5,384 (-66.7%), from €8,073 to €2,689
- Taxes -€618
down €618 (-66.0%), from €937 to €319
- Financial charges -€178
down €178 (-38.7%), from €460 to €282
- Other operating charges -€134
down €134 (-15.0%), from €896 to €762
- Depreciation +€92
up €92 (+14.0%), from €659 to €751
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 | €22,022 | €13,948 | -€8,075 | -36.7% |
| Fixed assets | 21/28 | €3,098 | €2,347 | -€751 | -24.3% |
| Tangible fixed assets | 22/27 | €3,098 | €2,347 | -€751 | -24.3% |
| Plant, machinery and equipment | 23 | €3,098 | €2,347 | -€751 | -24.3% |
| Current assets | 29/58 | €18,924 | €11,601 | -€7,323 | -38.7% |
| Stocks and contracts in progress | 3 | €3,214 | €3,152 | -€62 | -1.9% |
| Stocks | 30/36 | €3,214 | €3,152 | -€62 | -1.9% |
| Amounts receivable within one year | 40/41 | €9,764 | €3,553 | -€6,210 | -63.6% |
| Trade receivables | 40 | €9,173 | €3,167 | -€6,006 | -65.5% |
| Other amounts receivable | 41 | €591 | €387 | -€204 | -34.6% |
| Cash at bank and in hand | 54/58 | €5,726 | €4,896 | -€831 | -14.5% |
| Deferred charges and accrued income | 490/1 | €220 | €0 | -€220 | -100% |
| Total equity and liabilities | 10/49 | €22,022 | €13,948 | -€8,075 | -36.7% |
| Equity | 10/15 | €1,424 | €1,999 | +€575 | +40.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €522 | €522 | = | 0.0% |
| Non-distributable reserves | 130/1 | €522 | €522 | = | 0.0% |
| Reserves not available under the articles | 1311 | €522 | €522 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,690 | -€17,115 | +€575 | +3.3% |
| Amounts payable | 17/49 | €20,598 | €11,949 | -€8,650 | -42.0% |
| Amounts payable within one year | 42/48 | €20,598 | €11,949 | -€8,650 | -42.0% |
| Trade debts | 44 | €9,818 | €1,409 | -€8,410 | -85.7% |
| Suppliers | 440/4 | €9,818 | €1,409 | -€8,410 | -85.7% |
| Taxes, remuneration and social security | 45 | €937 | €1,255 | +€318 | +34.0% |
| Taxes | 450/3 | €937 | €1,255 | +€318 | +34.0% |
| Other amounts payable | 47/48 | €9,843 | €9,285 | -€558 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659 | €751 | +€92 | +14.0% |
| Other operating charges | 640/8 | €896 | €762 | -€134 | -15.0% |
| Non-recurring operating charges | 66A | €1,920 | €0 | -€1,920 | -100% |
| Gross operating margin | 9900 | €8,073 | €2,689 | -€5,384 | -66.7% |
| Operating profit (loss) | 9901 | €4,598 | €1,176 | -€3,422 | -74.4% |
| Financial income | 75/76B | €1 | €0 | -€0 | -84.2% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -84.2% |
| Financial charges | 65/66B | €460 | €282 | -€178 | -38.7% |
| Recurring financial charges | 65 | €460 | €282 | -€178 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €4,138 | €893 | -€3,245 | -78.4% |
| Income taxes | 67/77 | €937 | €319 | -€618 | -66.0% |
| Profit (loss) for the period | 9904 | €3,201 | €575 | -€2,626 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,201 | €575 | -€2,626 | -82.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.