MILLENIUM CONSTRUCT: 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 CONSTRUCT
Largest movements
- Tangible fixed assets -€28,738
down €28,738 (-4.8%), from €594,123 to €565,385
of which Plant, machinery and equipment: -€15,232
- Debts after one year -€43,108
down €43,108 (-12.0%), from €359,247 to €316,139
of which Financial debts: -€43,108
- Profit (loss) carried forward +€13,396
up €13,396 (+5.9%), from -€225,732 to -€212,336
- Gross operating margin -€2,709
down €2,709 (-3.6%), from €75,943 to €73,233
- Financial charges -€2,222
down €2,222 (-9.8%), from €22,712 to €20,491
- Turnover -€2,156
down €2,156 (-2.6%), from €82,847 to €80,691
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 | €616,643 | €589,223 | -€27,420 | -4.4% |
| Fixed assets | 21/28 | €595,823 | €567,085 | -€28,738 | -4.8% |
| Tangible fixed assets | 22/27 | €594,123 | €565,385 | -€28,738 | -4.8% |
| Land and buildings | 22 | €340,173 | €326,667 | -€13,506 | -4.0% |
| Plant, machinery and equipment | 23 | €253,950 | €238,718 | -€15,232 | -6.0% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €20,820 | €22,138 | +€1,318 | +6.3% |
| Cash at bank and in hand | 54/58 | €20,820 | €22,138 | +€1,318 | +6.3% |
| Total equity and liabilities | 10/49 | €616,643 | €589,223 | -€27,420 | -4.4% |
| Equity | 10/15 | -€163,732 | -€150,336 | +€13,396 | +8.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€225,732 | -€212,336 | +€13,396 | +5.9% |
| Amounts payable | 17/49 | €780,375 | €739,559 | -€40,816 | -5.2% |
| Amounts payable after more than one year | 17 | €359,247 | €316,139 | -€43,108 | -12.0% |
| Financial debts | 170/4 | €355,847 | €312,739 | -€43,108 | -12.1% |
| Other amounts payable | 178/9 | €3,400 | €3,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €421,113 | €423,421 | +€2,307 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €40,880 | €43,108 | +€2,229 | +5.5% |
| Other amounts payable | 47/48 | €380,233 | €380,312 | +€79 | 0.0% |
| Accrued charges and deferred income | 492/3 | €15 | - | -€15 | |
| Turnover | 70 | €82,847 | €80,691 | -€2,156 | -2.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,904 | €7,458 | +€554 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,738 | €28,738 | = | 0.0% |
| Other operating charges | 640/8 | €9,823 | €10,609 | +€786 | +8.0% |
| Gross operating margin | 9900 | €75,943 | €73,233 | -€2,709 | -3.6% |
| Operating profit (loss) | 9901 | €37,381 | €33,886 | -€3,495 | -9.4% |
| Financial charges | 65/66B | €22,712 | €20,491 | -€2,222 | -9.8% |
| Recurring financial charges | 65 | €22,712 | €20,491 | -€2,222 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €14,669 | €13,396 | -€1,274 | -8.7% |
| Profit (loss) for the period | 9904 | €14,669 | €13,396 | -€1,274 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,669 | €13,396 | -€1,274 | -8.7% |
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 29 September 2026 via checked.be.