Milk Away: 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.
Milk Away
Largest movements
- Tangible fixed assets +€6,420
up €6,420 (+832%), from €771 to €7,192
of which Plant, machinery and equipment: +€7,045
- Receivables within one year -€6,254
down €6,254 (-69.7%), from €8,975 to €2,721
of which Trade receivables: -€6,715
- Stocks and contracts -€5,278
down €5,278 (-7.9%), from €66,744 to €61,466
- Cash +€3,243
up €3,243 (+110%), from €2,940 to €6,183
mainly Other debts (+€32,556) and Trade debts (+€15,573)
- Intangible fixed assets -€2,056
down €2,056 (-80.5%), from €2,555 to €499
- Profit (loss) carried forward -€51,098
down €51,098 (-73.7%), from -€69,297 to -€120,396
- Other debts +€32,556
up €32,556 (+27.6%), from €117,787 to €150,343
- Trade debts +€15,573
up €15,573 (+141%), from €11,034 to €26,607
- Tax, wage and social debts -€1,093
down €1,093 (-41.3%), from €2,643 to €1,550
- Gross operating margin -€69,412
down €69,412, from €26,856 to -€42,555
- Other operating charges +€2,422
up €2,422 (+3,809%), from €64 to €2,486
- Depreciation +€2,189
up €2,189 (+55.5%), from €3,946 to €6,136
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 | €82,166 | €78,104 | -€4,062 | -4.9% |
| Fixed assets | 21/28 | €3,326 | €7,691 | +€4,364 | +131% |
| Intangible fixed assets | 21 | €2,555 | €499 | -€2,056 | -80.5% |
| Tangible fixed assets | 22/27 | €771 | €7,192 | +€6,420 | +832% |
| Plant, machinery and equipment | 23 | €147 | €7,192 | +€7,045 | +4,788% |
| Furniture and vehicles | 24 | €624 | €0 | -€624 | -100% |
| Current assets | 29/58 | €78,840 | €70,414 | -€8,426 | -10.7% |
| Stocks and contracts in progress | 3 | €66,744 | €61,466 | -€5,278 | -7.9% |
| Stocks | 30/36 | €66,744 | €61,466 | -€5,278 | -7.9% |
| Amounts receivable within one year | 40/41 | €8,975 | €2,721 | -€6,254 | -69.7% |
| Trade receivables | 40 | €8,975 | €2,260 | -€6,715 | -74.8% |
| Other amounts receivable | 41 | €0 | €462 | +€462 | |
| Cash at bank and in hand | 54/58 | €2,940 | €6,183 | +€3,243 | +110% |
| Deferred charges and accrued income | 490/1 | €180 | €43 | -€137 | -76.3% |
| Total equity and liabilities | 10/49 | €82,166 | €78,104 | -€4,062 | -4.9% |
| Equity | 10/15 | -€49,297 | -€100,396 | -€51,098 | -104% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,297 | -€120,396 | -€51,098 | -73.7% |
| Amounts payable | 17/49 | €131,463 | €178,500 | +€47,037 | +35.8% |
| Amounts payable within one year | 42/48 | €131,463 | €178,500 | +€47,037 | +35.8% |
| Trade debts | 44 | €11,034 | €26,607 | +€15,573 | +141% |
| Suppliers | 440/4 | €11,034 | €26,607 | +€15,573 | +141% |
| Taxes, remuneration and social security | 45 | €2,643 | €1,550 | -€1,093 | -41.3% |
| Taxes | 450/3 | €2,643 | €1,550 | -€1,093 | -41.3% |
| Other amounts payable | 47/48 | €117,787 | €150,343 | +€32,556 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,946 | €6,136 | +€2,189 | +55.5% |
| Other operating charges | 640/8 | €64 | €2,486 | +€2,422 | +3,809% |
| Gross operating margin | 9900 | €26,856 | -€42,555 | -€69,412 | |
| Operating profit (loss) | 9901 | €22,847 | -€51,177 | -€74,024 | |
| Financial income | 75/76B | €9 | €104 | +€96 | +1,107% |
| Recurring financial income | 75 | €9 | €104 | +€96 | +1,107% |
| Financial charges | 65/66B | €28 | €26 | -€2 | -7.5% |
| Recurring financial charges | 65 | €28 | €26 | -€2 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €22,828 | -€51,098 | -€73,926 | |
| Profit (loss) for the period | 9904 | €22,828 | -€51,098 | -€73,926 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,828 | -€51,098 | -€73,926 |
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 16 October 2026 via checked.be.