MILITZA: 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.
What changed
MILITZA
NACE 87.302, Residential care activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€94,901
2023 · €185,523-€90,622
Equity
€790,442
2023 · €695,542+€94,901
Cash
€661
2023 · €23,928-€23,268
Balance sheet total
€2.1m
2023 · €1.8m+€276,692
Largest movements
Assets
- Financial fixed assets +€850,312
up €850,312 (+254.7%), from €333,805 to €1.2m
of which Affiliated companies: +€1.2m
- Receivables within one year -€451,582
down €451,582 (-48.5%), from €931,928 to €480,347
of which Other amounts receivable: -€378,144
- Tangible fixed assets -€82,915
down €82,915 (-17.5%), from €474,314 to €391,399
of which Other tangible fixed assets: -€91,383
- Cash -€23,268
down €23,268 (-97.2%), from €23,928 to €661
mainly Investment in fixed assets (net) (-€897,572) and Other debts (-€24,870)
Equity and liabilities
- Trade debts +€131,410
up €131,410 (+47.0%), from €279,693 to €411,103
- Profit (loss) carried forward +€94,901
up €94,901 (+51.2%), from €185,523 to €280,424
- Tax, wage and social debts +€75,249
up €75,249 (+12.8%), from €588,728 to €663,977
of which Remuneration and social security: +€52,945
- Other debts -€24,870
down €24,870 (-99.5%), from €25,000 to €130
Income statement
- Services and other goods +€214,066
up €214,066 (+13.8%), from €1.6m to €1.8m
- Turnover +€192,469
up €192,469 (+5.0%), from €3.9m to €4.1m
- Staff costs +€135,392
up €135,392 (+6.6%), from €2.0m to €2.2m
- Other operating income +€96,086
up €96,086 (+39.5%), from €243,117 to €339,203
From the 2023 result to the 2024 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.
Result 2023
€185,523
Turnover
+€192,469
Other operating income
+€96,086
Goods and materials
-€3,612
Services and other goods
-€214,066
Staff costs
-€135,392
Depreciation
+€11,779
Other operating charges
-€13,810
Other operating items
-€35,426
Financial income
+€20,887
Financial charges
-€9,331
Taxes
-€206
Result 2024
€94,901
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€872,993
Investment
-€897,572
Financing
+€1,312
Cash 2023
€23,928
From operations (derived)
+€872,993
Net result for the year
+€94,901
Depreciation
+€130,176
Receivables within one year
+€451,582
Deferred charges and accrued income
+€15,855
Trade debts
+€131,410
Tax, wage and social debts
+€75,249
Advances received
+€5,944
Other debts
-€24,870
Accrued charges and deferred income
-€7,253
Investment (derived)
-€897,572
Investment in fixed assets (net)
-€897,572
Financing
+€1,312
Debts after one year
+€100
Short-term financial debts
+€1,212
Cash 2024
€661
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,848,020 | €2,124,712 | +€276,692 | +15.0% |
| Fixed assets | 21/28 | €808,119 | €1,575,515 | +€767,396 | +95.0% |
| Tangible fixed assets | 22/27 | €474,314 | €391,399 | -€82,915 | -17.5% |
| Plant, machinery and equipment | 23 | €51,830 | €44,595 | -€7,235 | -14.0% |
| Furniture and vehicles | 24 | €19,123 | €35,706 | +€16,582 | +86.7% |
| Leasing and similar rights | 25 | €3,839 | €2,959 | -€880 | -22.9% |
| Other tangible fixed assets | 26 | €399,521 | €308,139 | -€91,383 | -22.9% |
| Financial fixed assets | 28 | €333,805 | €1,184,117 | +€850,312 | +254.7% |
| Affiliated companies | 280/1 | - | €1,184,117 | +€1.2m | |
| Amounts receivable | 281 | - | €1,184,117 | +€1.2m | |
| Other financial fixed assets | 284/8 | €333,805 | €0 | -€333,805 | -100.0% |
| Amounts receivable and cash guarantees | 285/8 | €333,805 | €0 | -€333,805 | -100.0% |
| Current assets | 29/58 | €1,039,901 | €549,197 | -€490,704 | -47.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €931,928 | €480,347 | -€451,582 | -48.5% |
| Trade receivables | 40 | €335,027 | €261,589 | -€73,438 | -21.9% |
| Other amounts receivable | 41 | €596,901 | €218,758 | -€378,144 | -63.4% |
| Cash at bank and in hand | 54/58 | €23,928 | €661 | -€23,268 | -97.2% |
| Deferred charges and accrued income | 490/1 | €84,044 | €68,189 | -€15,855 | -18.9% |
| Total equity and liabilities | 10/49 | €1,848,020 | €2,124,712 | +€276,692 | +15.0% |
| Equity | 10/15 | €695,542 | €790,442 | +€94,901 | +13.6% |
| Contributions | 10/11 | €133,000 | €133,000 | = | 0.0% |
| Reserves | 13 | €377,019 | €377,019 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,300 | €13,300 | = | 0.0% |
| Other | 1319 | €13,300 | €13,300 | = | 0.0% |
| Distributable reserves | 133 | €363,719 | €363,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,523 | €280,424 | +€94,901 | +51.2% |
| Amounts payable | 17/49 | €1,152,479 | €1,334,270 | +€181,791 | +15.8% |
| Amounts payable after more than one year | 17 | - | €100 | +€100 | |
| Other amounts payable | 178/9 | - | €100 | +€100 | |
| Amounts payable within one year | 42/48 | €993,421 | €1,182,366 | +€188,944 | +19.0% |
| Financial debts | 43 | €100,000 | €101,212 | +€1,212 | +1.2% |
| Credit institutions | 430/8 | €100,000 | €101,212 | +€1,212 | +1.2% |
| Trade debts | 44 | €279,693 | €411,103 | +€131,410 | +47.0% |
| Suppliers | 440/4 | €279,693 | €411,103 | +€131,410 | +47.0% |
| Advances received on contracts in progress | 46 | - | €5,944 | +€5,944 | |
| Taxes, remuneration and social security | 45 | €588,728 | €663,977 | +€75,249 | +12.8% |
| Taxes | 450/3 | €106,139 | €128,443 | +€22,304 | +21.0% |
| Remuneration and social security | 454/9 | €482,589 | €535,534 | +€52,945 | +11.0% |
| Other amounts payable | 47/48 | €25,000 | €130 | -€24,870 | -99.5% |
| Accrued charges and deferred income | 492/3 | €159,057 | €151,804 | -€7,253 | -4.6% |
| Operating income | 70/76A | €4,228,091 | €4,492,834 | +€264,743 | +6.3% |
| Turnover | 70 | €3,871,601 | €4,064,070 | +€192,469 | +5.0% |
| Other operating income | 74 | €243,117 | €339,203 | +€96,086 | +39.5% |
| Non-recurring operating income | 76A | €113,373 | €89,562 | -€23,811 | -21.0% |
| Operating charges | 60/66A | €4,019,051 | €4,385,766 | +€366,715 | +9.1% |
| Goods for resale, raw materials and consumables | 60 | €252,807 | €256,419 | +€3,612 | +1.4% |
| Purchases | 600/8 | €252,807 | €256,419 | +€3,612 | +1.4% |
| Services and other goods | 61 | €1,550,994 | €1,765,060 | +€214,066 | +13.8% |
| Remuneration, social security and pensions | 62 | €2,040,140 | €2,175,532 | +€135,392 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,955 | €130,176 | -€11,779 | -8.3% |
| Other operating charges | 640/8 | €32,703 | €46,513 | +€13,810 | +42.2% |
| Non-recurring operating charges | 66A | €451 | €12,066 | +€11,615 | +2573.0% |
| Operating profit (loss) | 9901 | €209,040 | €107,069 | -€101,971 | -48.8% |
| Financial income | 75/76B | €7,281 | €28,168 | +€20,887 | +286.9% |
| Recurring financial income | 75 | €7,281 | €28,168 | +€20,887 | +286.9% |
| Income from financial fixed assets | 750 | - | €250 | +€250 | |
| Income from current assets | 751 | €7,270 | €27,918 | +€20,648 | +284.0% |
| Other financial income | 752/9 | €12 | €0 | -€11 | -98.5% |
| Financial charges | 65/66B | €13,298 | €22,630 | +€9,331 | +70.2% |
| Recurring financial charges | 65 | €13,298 | €22,630 | +€9,331 | +70.2% |
| Debt charges | 650 | €6,121 | €14,437 | +€8,316 | +135.9% |
| Other financial charges | 652/9 | €7,177 | €8,192 | +€1,015 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €203,023 | €112,607 | -€90,416 | -44.5% |
| Income taxes | 67/77 | €17,500 | €17,706 | +€206 | +1.2% |
| Taxes | 670/3 | €17,500 | €17,706 | +€206 | +1.2% |
| Profit (loss) for the period | 9904 | €185,523 | €94,901 | -€90,622 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €185,523 | €94,901 | -€90,622 | -48.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.