MILLENIUM BUSINESS CONSULT: 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.
MILLENIUM BUSINESS CONSULT
Largest movements
- Tangible fixed assets -€17,726
down €17,726 (-25.9%), from €68,543 to €50,817
of which Land and buildings: -€17,124
- Receivables within one year +€7,426
up €7,426 (+10.5%), from €70,699 to €78,125
of which Other amounts receivable: +€7,542
- Debts after one year -€10,234
no longer reported in 2025 (was €10,234)
- Current portion of long-term debt -€6,749
down €6,749 (-39.7%), from €16,983 to €10,234
- Short-term financial debts +€6,671
new in 2025: €6,671
- Trade debts +€3,017
up €3,017 (+61.3%), from €4,923 to €7,940
- Other debts -€2,017
down €2,017 (-13.4%), from €15,012 to €12,995
- Gross operating margin -€20,443
down €20,443 (-53.4%), from €38,282 to €17,839
- Depreciation -€7,758
down €7,758 (-30.4%), from €25,483 to €17,726
- Other operating charges -€731
down €731 (-57.1%), from €1,279 to €548
- Financial income +€631
new in 2025: €631
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 | €155,919 | €145,782 | -€10,137 | -6.5% |
| Fixed assets | 21/28 | €69,343 | €51,617 | -€17,726 | -25.6% |
| Tangible fixed assets | 22/27 | €68,543 | €50,817 | -€17,726 | -25.9% |
| Land and buildings | 22 | €61,147 | €44,023 | -€17,124 | -28.0% |
| Plant, machinery and equipment | 23 | €6,625 | €6,215 | -€410 | -6.2% |
| Other tangible fixed assets | 26 | €771 | €578 | -€193 | -25.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €86,577 | €94,165 | +€7,589 | +8.8% |
| Stocks and contracts in progress | 3 | €1,994 | €1,994 | = | 0.0% |
| Stocks | 30/36 | €1,994 | €1,994 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,699 | €78,125 | +€7,426 | +10.5% |
| Trade receivables | 40 | €70,699 | €70,583 | -€116 | -0.2% |
| Other amounts receivable | 41 | - | €7,542 | +€7,542 | |
| Cash at bank and in hand | 54/58 | €13,683 | €14,046 | +€363 | +2.7% |
| Deferred charges and accrued income | 490/1 | €201 | - | -€201 | |
| Total equity and liabilities | 10/49 | €155,919 | €145,782 | -€10,137 | -6.5% |
| Equity | 10/15 | €108,311 | €107,768 | -€543 | -0.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,255 | €99,712 | -€543 | -0.5% |
| Amounts payable | 17/49 | €47,608 | €38,014 | -€9,594 | -20.2% |
| Amounts payable after more than one year | 17 | €10,234 | - | -€10,234 | |
| Financial debts | 170/4 | €10,234 | - | -€10,234 | |
| Amounts payable within one year | 42/48 | €37,374 | €38,014 | +€639 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €16,983 | €10,234 | -€6,749 | -39.7% |
| Financial debts | 43 | - | €6,671 | +€6,671 | |
| Credit institutions | 430/8 | - | €6,671 | +€6,671 | |
| Trade debts | 44 | €4,923 | €7,940 | +€3,017 | +61.3% |
| Suppliers | 440/4 | €4,923 | €7,940 | +€3,017 | +61.3% |
| Taxes, remuneration and social security | 45 | €457 | €175 | -€282 | -61.7% |
| Taxes | 450/3 | €457 | €175 | -€282 | -61.7% |
| Other amounts payable | 47/48 | €15,012 | €12,995 | -€2,017 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,483 | €17,726 | -€7,758 | -30.4% |
| Other operating charges | 640/8 | €1,279 | €548 | -€731 | -57.1% |
| Gross operating margin | 9900 | €38,282 | €17,839 | -€20,443 | -53.4% |
| Operating profit (loss) | 9901 | €11,520 | -€436 | -€11,955 | |
| Financial income | 75/76B | - | €631 | +€631 | |
| Recurring financial income | 75 | - | €631 | +€631 | |
| Financial charges | 65/66B | €848 | €738 | -€110 | -13.0% |
| Recurring financial charges | 65 | €848 | €738 | -€110 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €10,671 | -€543 | -€11,214 | |
| Income taxes | 67/77 | €149 | - | -€149 | |
| Profit (loss) for the period | 9904 | €10,523 | -€543 | -€11,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,523 | -€543 | -€11,066 |
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.