MILLENIUM 375: 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.
MILLENIUM 375
Largest movements
- Tangible fixed assets -€36,589
down €36,589 (-3.4%), from €1.1m to €1.0m
of which Land and buildings: -€34,797
- Cash -€28,446
down €28,446 (-30.8%), from €92,330 to €63,885
mainly Other debts (-€49,408) and Investment in fixed assets (net) (-€41,224)
- Other debts -€49,408
down €49,408 (-15.9%), from €311,551 to €262,144
- Profit (loss) carried forward -€17,133
down €17,133 (-2.3%), from -€743,914 to -€761,048
- Gross operating margin +€2,170
up €2,170 (+3.1%), from €69,297 to €71,467
- Depreciation +€1,513
up €1,513 (+2.0%), from €76,300 to €77,813
- Other operating charges -€1,247
down €1,247 (-10.6%), from €11,777 to €10,530
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 | €1,172,072 | €1,105,797 | -€66,275 | -5.7% |
| Fixed assets | 21/28 | €1,078,493 | €1,041,903 | -€36,589 | -3.4% |
| Tangible fixed assets | 22/27 | €1,078,493 | €1,041,903 | -€36,589 | -3.4% |
| Land and buildings | 22 | €693,243 | €658,446 | -€34,797 | -5.0% |
| Plant, machinery and equipment | 23 | €1,154 | €548 | -€607 | -52.5% |
| Furniture and vehicles | 24 | €608 | €1,857 | +€1,249 | +205.5% |
| Other tangible fixed assets | 26 | €383,488 | €381,054 | -€2,435 | -0.6% |
| Current assets | 29/58 | €93,579 | €63,894 | -€29,685 | -31.7% |
| Amounts receivable within one year | 40/41 | €1,249 | €9 | -€1,240 | -99.3% |
| Trade receivables | 40 | €1,240 | €0 | -€1,240 | -100.0% |
| Other amounts receivable | 41 | €9 | €9 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €92,330 | €63,885 | -€28,446 | -30.8% |
| Total equity and liabilities | 10/49 | €1,172,072 | €1,105,797 | -€66,275 | -5.7% |
| Equity | 10/15 | €860,520 | €843,387 | -€17,133 | -2.0% |
| Contributions | 10/11 | €1,604,000 | €1,604,000 | = | 0.0% |
| Capital | 10 | €1,604,000 | €1,604,000 | = | 0.0% |
| Issued capital | 100 | €1,604,000 | €1,604,000 | = | 0.0% |
| Reserves | 13 | €435 | €435 | = | 0.0% |
| Non-distributable reserves | 130/1 | €435 | €435 | = | 0.0% |
| Legal reserve | 130 | €435 | €435 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€743,914 | -€761,048 | -€17,133 | -2.3% |
| Amounts payable | 17/49 | €311,551 | €262,410 | -€49,141 | -15.8% |
| Amounts payable within one year | 42/48 | €311,551 | €262,410 | -€49,141 | -15.8% |
| Trade debts | 44 | - | €267 | +€267 | |
| Suppliers | 440/4 | - | €267 | +€267 | |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €311,551 | €262,144 | -€49,408 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,300 | €77,813 | +€1,513 | +2.0% |
| Other operating charges | 640/8 | €11,777 | €10,530 | -€1,247 | -10.6% |
| Gross operating margin | 9900 | €69,297 | €71,467 | +€2,170 | +3.1% |
| Operating profit (loss) | 9901 | -€18,780 | -€16,876 | +€1,904 | +10.1% |
| Financial charges | 65/66B | €253 | €257 | +€4 | +1.6% |
| Recurring financial charges | 65 | €253 | €257 | +€4 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,033 | -€17,133 | +€1,900 | +10.0% |
| Profit (loss) for the period | 9904 | -€19,033 | -€17,133 | +€1,900 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,033 | -€17,133 | +€1,900 | +10.0% |
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.