Mille Paste: 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.
Mille Paste
Largest movements
- Tangible fixed assets -€29,818
down €29,818 (-21.5%), from €138,681 to €108,863
of which Other tangible fixed assets: -€97,198
- Receivables within one year -€18,318
down €18,318 (-38.2%), from €47,987 to €29,670
of which Other amounts receivable: -€10,066
- Tax, wage and social debts -€44,789
down €44,789 (-96.6%), from €46,359 to €1,570
of which Remuneration and social security: -€42,054
- Reserves +€9,693
up €9,693 (+733%), from €1,322 to €11,014
- Debts after one year -€9,499
down €9,499 (-17.5%), from €54,377 to €44,877
- Current portion of long-term debt -€4,435
down €4,435 (-19.7%), from €22,522 to €18,087
- Other debts +€4,110
up €4,110 (+9.3%), from €44,359 to €48,468
- Other operating charges -€15,362
down €15,362 (-92.9%), from €16,529 to €1,167
- Gross operating margin +€8,044
up €8,044 (+21.6%), from €37,208 to €45,252
- Financial charges +€2,453
up €2,453 (+46.1%), from €5,321 to €7,774
- Staff costs -€936
down €936 (-23.8%), from €3,928 to €2,992
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 | €200,410 | €152,174 | -€48,236 | -24.1% |
| Fixed assets | 21/28 | €139,081 | €109,263 | -€29,818 | -21.4% |
| Tangible fixed assets | 22/27 | €138,681 | €108,863 | -€29,818 | -21.5% |
| Land and buildings | 22 | - | €67,830 | +€67,830 | |
| Plant, machinery and equipment | 23 | €4,351 | €16,533 | +€12,181 | +280% |
| Furniture and vehicles | 24 | €3,237 | €713 | -€2,524 | -78.0% |
| Leasing and similar rights | 25 | €33,895 | €23,787 | -€10,107 | -29.8% |
| Other tangible fixed assets | 26 | €97,198 | - | -€97,198 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €61,329 | €42,911 | -€18,418 | -30.0% |
| Stocks and contracts in progress | 3 | €8,075 | €8,075 | = | 0.0% |
| Stocks | 30/36 | €8,075 | €8,075 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,987 | €29,670 | -€18,318 | -38.2% |
| Trade receivables | 40 | €19,426 | €11,174 | -€8,252 | -42.5% |
| Other amounts receivable | 41 | €28,562 | €18,496 | -€10,066 | -35.2% |
| Cash at bank and in hand | 54/58 | €5,095 | €5,166 | +€70 | +1.4% |
| Deferred charges and accrued income | 490/1 | €170 | €0 | -€170 | -100% |
| Total equity and liabilities | 10/49 | €200,410 | €152,174 | -€48,236 | -24.1% |
| Equity | 10/15 | €8,322 | €18,014 | +€9,693 | +116% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €1,322 | €11,014 | +€9,693 | +733% |
| Distributable reserves | 133 | €1,322 | €11,014 | +€9,693 | +733% |
| Amounts payable | 17/49 | €192,088 | €134,160 | -€57,928 | -30.2% |
| Amounts payable after more than one year | 17 | €54,377 | €44,877 | -€9,499 | -17.5% |
| Financial debts | 170/4 | €54,377 | €44,877 | -€9,499 | -17.5% |
| Amounts payable within one year | 42/48 | €137,711 | €89,282 | -€48,429 | -35.2% |
| Current portion of amounts payable after more than one year | 42 | €22,522 | €18,087 | -€4,435 | -19.7% |
| Trade debts | 44 | €24,472 | €21,157 | -€3,315 | -13.5% |
| Suppliers | 440/4 | €24,472 | €21,157 | -€3,315 | -13.5% |
| Taxes, remuneration and social security | 45 | €46,359 | €1,570 | -€44,789 | -96.6% |
| Taxes | 450/3 | €4,305 | €1,570 | -€2,735 | -63.5% |
| Remuneration and social security | 454/9 | €42,054 | €0 | -€42,054 | -100% |
| Other amounts payable | 47/48 | €44,359 | €48,468 | +€4,110 | +9.3% |
| Non-recurring operating income | 76A | €650 | €33,440 | +€32,790 | +5,045% |
| Remuneration, social security and pensions | 62 | €3,928 | €2,992 | -€936 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,185 | €23,627 | +€442 | +1.9% |
| Other operating charges | 640/8 | €16,529 | €1,167 | -€15,362 | -92.9% |
| Gross operating margin | 9900 | €37,208 | €45,252 | +€8,044 | +21.6% |
| Operating profit (loss) | 9901 | -€6,434 | €17,466 | +€23,900 | |
| Financial income | 75/76B | €18 | €0 | -€18 | -100% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100% |
| Financial charges | 65/66B | €5,321 | €7,774 | +€2,453 | +46.1% |
| Recurring financial charges | 65 | €5,321 | €7,774 | +€2,453 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,737 | €9,693 | +€21,429 | |
| Profit (loss) for the period | 9904 | -€11,737 | €9,693 | +€21,429 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,737 | €9,693 | +€21,429 |
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 23 October 2026 via checked.be.