MILKO & Co: 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.
MILKO & Co
Largest movements
- Receivables within one year +€20,308
up €20,308 (+47.5%), from €42,788 to €63,096
- Tangible fixed assets +€8,198
up €8,198 (+5.5%), from €149,931 to €158,129
of which Furniture and vehicles: +€17,935
- Profit (loss) carried forward +€22,000
up €22,000 (+98.1%), from -€22,430 to -€430
- Debts after one year -€15,488
down €15,488 (-16.5%), from €94,078 to €78,590
of which Financial debts: -€13,808
- Short-term financial debts +€13,160
up €13,160 (+112%), from €11,721 to €24,881
- Trade debts +€9,187
up €9,187 (+188%), from €4,892 to €14,079
- Current portion of long-term debt +€4,489
up €4,489 (+14.6%), from €30,666 to €35,155
- Gross operating margin +€27,005
up €27,005 (+171%), from €15,801 to €42,806
- Financial charges -€1,116
down €1,116 (-11.8%), from €9,446 to €8,330
- Depreciation +€948
up €948 (+9.6%), from €9,844 to €10,792
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 | €202,065 | €234,187 | +€32,122 | +15.9% |
| Fixed assets | 21/28 | €149,981 | €158,179 | +€8,198 | +5.5% |
| Tangible fixed assets | 22/27 | €149,931 | €158,129 | +€8,198 | +5.5% |
| Land and buildings | 22 | €147,615 | €138,603 | -€9,012 | -6.1% |
| Furniture and vehicles | 24 | - | €17,935 | +€17,935 | |
| Other tangible fixed assets | 26 | €2,316 | €1,591 | -€725 | -31.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €52,084 | €76,008 | +€23,924 | +45.9% |
| Amounts receivable within one year | 40/41 | €42,788 | €63,096 | +€20,308 | +47.5% |
| Other amounts receivable | 41 | €42,788 | €63,096 | +€20,308 | +47.5% |
| Cash at bank and in hand | 54/58 | - | €1,928 | +€1,928 | |
| Deferred charges and accrued income | 490/1 | €9,296 | €10,984 | +€1,688 | +18.2% |
| Total equity and liabilities | 10/49 | €202,065 | €234,187 | +€32,122 | +15.9% |
| Equity | 10/15 | €57,320 | €79,320 | +€22,000 | +38.4% |
| Contributions | 10/11 | €78,600 | €78,600 | = | 0.0% |
| Capital | 10 | €78,600 | €78,600 | = | 0.0% |
| Issued capital | 100 | €78,600 | €78,600 | = | 0.0% |
| Reserves | 13 | €1,150 | €1,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,150 | €1,150 | = | 0.0% |
| Legal reserve | 130 | €1,150 | €1,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,430 | -€430 | +€22,000 | +98.1% |
| Amounts payable | 17/49 | €144,745 | €154,867 | +€10,122 | +7.0% |
| Amounts payable after more than one year | 17 | €94,078 | €78,590 | -€15,488 | -16.5% |
| Financial debts | 170/4 | €91,718 | €77,910 | -€13,808 | -15.1% |
| Other amounts payable | 178/9 | €2,360 | €680 | -€1,680 | -71.2% |
| Amounts payable within one year | 42/48 | €47,467 | €76,277 | +€28,810 | +60.7% |
| Current portion of amounts payable after more than one year | 42 | €30,666 | €35,155 | +€4,489 | +14.6% |
| Financial debts | 43 | €11,721 | €24,881 | +€13,160 | +112% |
| Credit institutions | 430/8 | €11,721 | €24,881 | +€13,160 | +112% |
| Trade debts | 44 | €4,892 | €14,079 | +€9,187 | +188% |
| Suppliers | 440/4 | €4,892 | €14,079 | +€9,187 | +188% |
| Taxes, remuneration and social security | 45 | €188 | €2,162 | +€1,974 | +1,050% |
| Taxes | 450/3 | €188 | €2,162 | +€1,974 | +1,050% |
| Accrued charges and deferred income | 492/3 | €3,200 | - | -€3,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,844 | €10,792 | +€948 | +9.6% |
| Other operating charges | 640/8 | €4,890 | €4,469 | -€421 | -8.6% |
| Gross operating margin | 9900 | €15,801 | €42,806 | +€27,005 | +171% |
| Operating profit (loss) | 9901 | €1,067 | €27,545 | +€26,478 | +2,482% |
| Financial income | 75/76B | €3,003 | €2,785 | -€218 | -7.3% |
| Recurring financial income | 75 | €3,003 | €2,785 | -€218 | -7.3% |
| Financial charges | 65/66B | €9,446 | €8,330 | -€1,116 | -11.8% |
| Recurring financial charges | 65 | €9,446 | €8,330 | -€1,116 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,376 | €22,000 | +€27,376 | |
| Profit (loss) for the period | 9904 | -€5,376 | €22,000 | +€27,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,376 | €22,000 | +€27,376 |
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.