MILIVI: 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.
MILIVI
Largest movements
- Tangible fixed assets -€9,947
down €9,947 (-8.2%), from €121,016 to €111,070
- Cash +€9,450
up €9,450 (+376%), from €2,516 to €11,966
mainly Depreciation (+€9,947) and Other debts (+€7,005)
- Profit (loss) carried forward -€11,462
down €11,462 (-15.7%), from -€73,062 to -€84,524
- Other debts +€7,005
up €7,005 (+3.5%), from €202,225 to €209,230
- Tax, wage and social debts +€2,965
new in 2025: €2,965
- Gross operating margin +€15,028
up €15,028, from -€4,209 to €10,819
- Staff costs +€11,549
new in 2025: €11,549
- Other operating charges -€208
down €208 (-21.8%), from €955 to €746
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 | €147,763 | €146,271 | -€1,492 | -1.0% |
| Fixed assets | 21/28 | €121,016 | €111,070 | -€9,947 | -8.2% |
| Tangible fixed assets | 22/27 | €121,016 | €111,070 | -€9,947 | -8.2% |
| Land and buildings | 22 | €121,016 | €111,070 | -€9,947 | -8.2% |
| Current assets | 29/58 | €26,747 | €35,201 | +€8,455 | +31.6% |
| Current investments | 50/53 | €23,236 | €23,236 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,516 | €11,966 | +€9,450 | +376% |
| Deferred charges and accrued income | 490/1 | €995 | - | -€995 | |
| Total equity and liabilities | 10/49 | €147,763 | €146,271 | -€1,492 | -1.0% |
| Equity | 10/15 | -€54,462 | -€65,924 | -€11,462 | -21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,062 | -€84,524 | -€11,462 | -15.7% |
| Amounts payable | 17/49 | €202,225 | €212,195 | +€9,970 | +4.9% |
| Amounts payable within one year | 42/48 | €202,225 | €212,195 | +€9,970 | +4.9% |
| Taxes, remuneration and social security | 45 | - | €2,965 | +€2,965 | |
| Remuneration and social security | 454/9 | - | €2,965 | +€2,965 | |
| Other amounts payable | 47/48 | €202,225 | €209,230 | +€7,005 | +3.5% |
| Remuneration, social security and pensions | 62 | - | €11,549 | +€11,549 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,947 | €9,947 | = | 0.0% |
| Other operating charges | 640/8 | €955 | €746 | -€208 | -21.8% |
| Gross operating margin | 9900 | -€4,209 | €10,819 | +€15,028 | |
| Operating profit (loss) | 9901 | -€15,110 | -€11,423 | +€3,687 | +24.4% |
| Financial charges | 65/66B | €38 | €39 | +€2 | +4.0% |
| Recurring financial charges | 65 | €38 | €39 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,147 | -€11,462 | +€3,685 | +24.3% |
| Profit (loss) for the period | 9904 | -€15,147 | -€11,462 | +€3,685 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,147 | -€11,462 | +€3,685 | +24.3% |
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 22 October 2026 via checked.be.