MILLAN: 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.
MILLAN
Largest movements
- Tangible fixed assets -€14,228
down €14,228 (-21.0%), from €67,838 to €53,610
of which Land and buildings: -€13,932
- Debts after one year -€13,400
down €13,400 (-5.0%), from €270,401 to €257,001
- Profit (loss) carried forward -€6,142
down €6,142 (-23.7%), from -€25,908 to -€32,051
- Gross operating margin -€9,502
down €9,502 (-31.6%), from €30,031 to €20,529
- Other operating charges +€456
up €456 (+17.4%), from €2,619 to €3,076
- Financial charges -€326
down €326 (-3.4%), from €9,700 to €9,374
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,741 | €307,221 | -€17,520 | -5.4% |
| Fixed assets | 21/28 | €314,913 | €300,685 | -€14,228 | -4.5% |
| Intangible fixed assets | 21 | €247,075 | €247,075 | = | 0.0% |
| Tangible fixed assets | 22/27 | €67,838 | €53,610 | -€14,228 | -21.0% |
| Land and buildings | 22 | €67,102 | €53,170 | -€13,932 | -20.8% |
| Furniture and vehicles | 24 | €736 | €441 | -€296 | -40.2% |
| Current assets | 29/58 | €9,828 | €6,535 | -€3,293 | -33.5% |
| Amounts receivable within one year | 40/41 | €2,914 | - | -€2,914 | |
| Trade receivables | 40 | €2,914 | - | -€2,914 | |
| Cash at bank and in hand | 54/58 | €6,484 | €6,091 | -€393 | -6.1% |
| Deferred charges and accrued income | 490/1 | €430 | €445 | +€14 | +3.3% |
| Total equity and liabilities | 10/49 | €324,741 | €307,221 | -€17,520 | -5.4% |
| Equity | 10/15 | €35,592 | €29,449 | -€6,142 | -17.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,908 | -€32,051 | -€6,142 | -23.7% |
| Amounts payable | 17/49 | €289,149 | €277,771 | -€11,378 | -3.9% |
| Amounts payable after more than one year | 17 | €270,401 | €257,001 | -€13,400 | -5.0% |
| Financial debts | 170/4 | €270,401 | €257,001 | -€13,400 | -5.0% |
| Amounts payable within one year | 42/48 | €18,748 | €20,770 | +€2,022 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €12,965 | €13,400 | +€435 | +3.4% |
| Trade debts | 44 | €983 | €170 | -€813 | -82.7% |
| Suppliers | 440/4 | €983 | €170 | -€813 | -82.7% |
| Other amounts payable | 47/48 | €4,800 | €7,200 | +€2,400 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,083 | €14,228 | +€145 | +1.0% |
| Other operating charges | 640/8 | €2,619 | €3,076 | +€456 | +17.4% |
| Gross operating margin | 9900 | €30,031 | €20,529 | -€9,502 | -31.6% |
| Operating profit (loss) | 9901 | €13,329 | €3,226 | -€10,104 | -75.8% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €9,700 | €9,374 | -€326 | -3.4% |
| Recurring financial charges | 65 | €9,700 | €9,374 | -€326 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €3,630 | -€6,142 | -€9,772 | |
| Profit (loss) for the period | 9904 | €3,630 | -€6,142 | -€9,772 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,630 | -€6,142 | -€9,772 |
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 1 October 2026 via checked.be.