Millecamps Construct: 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.
Millecamps Construct
Largest movements
- Tangible fixed assets -€43,382
down €43,382 (-16.2%), from €267,700 to €224,318
of which Plant, machinery and equipment: -€33,557
- Cash +€10,925
up €10,925 (+85.4%), from €12,794 to €23,719
mainly Depreciation (+€70,662) and Net result for the year (+€5,077)
- Receivables within one year +€10,572
up €10,572 (+10.5%), from €100,817 to €111,389
- Stocks and contracts +€10,000
new in 2025: €10,000
- Debts after one year -€23,143
down €23,143 (-28.9%), from €80,095 to €56,952
- Reserves +€5,077
up €5,077 (+9.0%), from €56,496 to €61,573
- Tax, wage and social debts +€4,622
up €4,622 (+53.2%), from €8,687 to €13,309
- Depreciation +€15,713
up €15,713 (+28.6%), from €54,949 to €70,662
- Gross operating margin +€4,839
up €4,839 (+6.5%), from €74,906 to €79,745
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 | €381,311 | €370,453 | -€10,857 | -2.8% |
| Fixed assets | 21/28 | €267,700 | €224,318 | -€43,382 | -16.2% |
| Tangible fixed assets | 22/27 | €267,700 | €224,318 | -€43,382 | -16.2% |
| Land and buildings | 22 | €7,081 | €6,114 | -€967 | -13.7% |
| Plant, machinery and equipment | 23 | €208,452 | €174,895 | -€33,557 | -16.1% |
| Furniture and vehicles | 24 | €52,167 | €43,309 | -€8,858 | -17.0% |
| Current assets | 29/58 | €113,610 | €146,135 | +€32,525 | +28.6% |
| Stocks and contracts in progress | 3 | - | €10,000 | +€10,000 | |
| Stocks | 30/36 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €100,817 | €111,389 | +€10,572 | +10.5% |
| Trade receivables | 40 | €100,817 | €111,389 | +€10,572 | +10.5% |
| Cash at bank and in hand | 54/58 | €12,794 | €23,719 | +€10,925 | +85.4% |
| Deferred charges and accrued income | 490/1 | €0 | €1,028 | +€1,028 | |
| Total equity and liabilities | 10/49 | €381,311 | €370,453 | -€10,857 | -2.8% |
| Equity | 10/15 | €56,596 | €61,673 | +€5,077 | +9.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €56,496 | €61,573 | +€5,077 | +9.0% |
| Distributable reserves | 133 | €56,496 | €61,573 | +€5,077 | +9.0% |
| Amounts payable | 17/49 | €324,714 | €308,780 | -€15,934 | -4.9% |
| Amounts payable after more than one year | 17 | €80,095 | €56,952 | -€23,143 | -28.9% |
| Financial debts | 170/4 | €80,095 | €56,952 | -€23,143 | -28.9% |
| Amounts payable within one year | 42/48 | €244,619 | €251,828 | +€7,209 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €23,143 | €23,143 | = | 0.0% |
| Trade debts | 44 | €70,266 | €73,112 | +€2,846 | +4.0% |
| Suppliers | 440/4 | €70,266 | €73,112 | +€2,846 | +4.0% |
| Taxes, remuneration and social security | 45 | €8,687 | €13,309 | +€4,622 | +53.2% |
| Taxes | 450/3 | €8,687 | €13,309 | +€4,622 | +53.2% |
| Other amounts payable | 47/48 | €142,523 | €142,265 | -€258 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,949 | €70,662 | +€15,713 | +28.6% |
| Other operating charges | 640/8 | €1,445 | €1,317 | -€128 | -8.8% |
| Non-recurring operating charges | 66A | €12,342 | €0 | -€12,342 | -100% |
| Gross operating margin | 9900 | €74,906 | €79,745 | +€4,839 | +6.5% |
| Operating profit (loss) | 9901 | €6,170 | €7,766 | +€1,596 | +25.9% |
| Financial income | 75/76B | €214 | €11 | -€203 | -94.9% |
| Recurring financial income | 75 | €214 | €11 | -€203 | -94.9% |
| Financial charges | 65/66B | €1,981 | €2,700 | +€720 | +36.3% |
| Recurring financial charges | 65 | €1,981 | €2,700 | +€720 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €4,403 | €5,077 | +€674 | +15.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €4,403 | €5,077 | +€674 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,403 | €5,077 | +€674 | +15.3% |
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 15 October 2026 via checked.be.