MILKBARN: 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.
MILKBARN
Largest movements
- Receivables within one year +€256,348
up €256,348 (+85.2%), from €300,839 to €557,188
of which Trade receivables: +€217,119
- Stocks and contracts +€26,070
up €26,070 (+7.2%), from €361,530 to €387,600
- Cash +€24,254
up €24,254 (+47.8%), from €50,757 to €75,011
mainly Other debts (+€961,134) and Net result for the year (+€343,052)
- Other debts +€961,134
up €961,134 (+6673.2%), from €14,403 to €975,537
- Reserves -€617,865
down €617,865 (-100.0%), from €617,865 to €0
- Trade debts -€24,132
down €24,132 (-54.6%), from €44,168 to €20,036
- Tax, wage and social debts -€12,463
down €12,463 (-74.7%), from €16,689 to €4,226
- Gross operating margin +€244,991
up €244,991 (+115.6%), from €211,919 to €456,910
- Taxes +€61,318
up €61,318 (+115.6%), from €53,033 to €114,351
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 | €713,126 | €1,019,799 | +€306,673 | +43.0% |
| Current assets | 29/58 | €713,126 | €1,019,799 | +€306,673 | +43.0% |
| Stocks and contracts in progress | 3 | €361,530 | €387,600 | +€26,070 | +7.2% |
| Stocks | 30/36 | €361,530 | €387,600 | +€26,070 | +7.2% |
| Amounts receivable within one year | 40/41 | €300,839 | €557,188 | +€256,348 | +85.2% |
| Trade receivables | 40 | €108,452 | €325,572 | +€217,119 | +200.2% |
| Other amounts receivable | 41 | €192,387 | €231,616 | +€39,229 | +20.4% |
| Cash at bank and in hand | 54/58 | €50,757 | €75,011 | +€24,254 | +47.8% |
| Total equity and liabilities | 10/49 | €713,126 | €1,019,799 | +€306,673 | +43.0% |
| Equity | 10/15 | €637,865 | €20,000 | -€617,865 | -96.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €617,865 | €0 | -€617,865 | -100.0% |
| Distributable reserves | 133 | €617,865 | €0 | -€617,865 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €75,261 | €999,799 | +€924,538 | +1228.4% |
| Amounts payable within one year | 42/48 | €75,261 | €999,799 | +€924,538 | +1228.4% |
| Trade debts | 44 | €44,168 | €20,036 | -€24,132 | -54.6% |
| Suppliers | 440/4 | €44,168 | €20,036 | -€24,132 | -54.6% |
| Taxes, remuneration and social security | 45 | €16,689 | €4,226 | -€12,463 | -74.7% |
| Taxes | 450/3 | €16,689 | €4,226 | -€12,463 | -74.7% |
| Other amounts payable | 47/48 | €14,403 | €975,537 | +€961,134 | +6673.2% |
| Other operating charges | 640/8 | €1,809 | €1,184 | -€625 | -34.6% |
| Gross operating margin | 9900 | €211,919 | €456,910 | +€244,991 | +115.6% |
| Operating profit (loss) | 9901 | €210,109 | €455,726 | +€245,617 | +116.9% |
| Financial income | 75/76B | €0 | €1,963 | +€1,963 | |
| Recurring financial income | 75 | €0 | €1,963 | +€1,963 | |
| Financial charges | 65/66B | €80 | €286 | +€207 | +260.0% |
| Recurring financial charges | 65 | €80 | €286 | +€207 | +260.0% |
| Profit (loss) for the period before taxes | 9903 | €210,030 | €457,403 | +€247,373 | +117.8% |
| Income taxes | 67/77 | €53,033 | €114,351 | +€61,318 | +115.6% |
| Profit (loss) for the period | 9904 | €156,997 | €343,052 | +€186,055 | +118.5% |
| Profit (loss) for the period to be appropriated | 9905 | €156,997 | €343,052 | +€186,055 | +118.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.