MILLENIUM TAPIS: 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 TAPIS
Largest movements
- Stocks and contracts +€21,225
up €21,225 (+5.6%), from €376,924 to €398,149
- Tangible fixed assets -€14,488
down €14,488 (-31.1%), from €46,609 to €32,120
- Cash -€11,657
down €11,657 (-67.6%), from €17,253 to €5,596
mainly Stocks and contracts (-€21,225) and Trade debts (-€7,019)
- Profit (loss) carried forward +€7,253
up €7,253 (+11.8%), from €61,705 to €68,958
- Trade debts -€7,019
down €7,019 (-88.6%), from €7,924 to €905
- Tax, wage and social debts -€6,818
down €6,818 (-36.3%), from €18,798 to €11,979
- Turnover +€206,504
new in 2025: €206,504
- Purchases and services +€175,749
new in 2025: €175,749
- Taxes +€4,761
new in 2025: €4,761
- Gross operating margin -€2,517
down €2,517 (-7.6%), from €33,272 to €30,755
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 | €453,809 | €447,278 | -€6,531 | -1.4% |
| Fixed assets | 21/28 | €46,745 | €32,257 | -€14,488 | -31.0% |
| Tangible fixed assets | 22/27 | €46,609 | €32,120 | -€14,488 | -31.1% |
| Plant, machinery and equipment | 23 | €12,576 | €9,432 | -€3,144 | -25.0% |
| Furniture and vehicles | 24 | €13,211 | €8,807 | -€4,404 | -33.3% |
| Leasing and similar rights | 25 | €20,821 | €13,881 | -€6,940 | -33.3% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €407,064 | €415,022 | +€7,958 | +2.0% |
| Stocks and contracts in progress | 3 | €376,924 | €398,149 | +€21,225 | +5.6% |
| Stocks | 30/36 | €376,924 | €398,149 | +€21,225 | +5.6% |
| Amounts receivable within one year | 40/41 | €12,887 | €11,277 | -€1,610 | -12.5% |
| Trade receivables | 40 | €12,887 | €11,277 | -€1,610 | -12.5% |
| Cash at bank and in hand | 54/58 | €17,253 | €5,596 | -€11,657 | -67.6% |
| Total equity and liabilities | 10/49 | €453,809 | €447,278 | -€6,531 | -1.4% |
| Equity | 10/15 | €82,917 | €90,170 | +€7,253 | +8.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Share premium | 1100/10 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,620 | €2,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,620 | €2,620 | = | 0.0% |
| Legal reserve | 130 | €2,620 | €2,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,705 | €68,958 | +€7,253 | +11.8% |
| Amounts payable | 17/49 | €370,892 | €357,108 | -€13,784 | -3.7% |
| Amounts payable after more than one year | 17 | €344,170 | €344,224 | +€54 | 0.0% |
| Financial debts | 170/4 | €344,170 | €344,224 | +€54 | 0.0% |
| Amounts payable within one year | 42/48 | €26,721 | €12,884 | -€13,837 | -51.8% |
| Trade debts | 44 | €7,924 | €905 | -€7,019 | -88.6% |
| Suppliers | 440/4 | €7,924 | €905 | -€7,019 | -88.6% |
| Taxes, remuneration and social security | 45 | €18,798 | €11,979 | -€6,818 | -36.3% |
| Taxes | 450/3 | €18,798 | €11,979 | -€6,818 | -36.3% |
| Turnover | 70 | - | €206,504 | +€206,504 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €175,749 | +€175,749 | |
| Remuneration, social security and pensions | 62 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,916 | €14,488 | +€1,572 | +12.2% |
| Other operating charges | 640/8 | €610 | €306 | -€304 | -49.8% |
| Gross operating margin | 9900 | €33,272 | €30,755 | -€2,517 | -7.6% |
| Operating profit (loss) | 9901 | €19,747 | €15,561 | -€4,185 | -21.2% |
| Financial income | 75/76B | €439 | €367 | -€72 | -16.5% |
| Recurring financial income | 75 | €439 | €367 | -€72 | -16.5% |
| Financial charges | 65/66B | €3,702 | €3,913 | +€211 | +5.7% |
| Recurring financial charges | 65 | €3,702 | €3,913 | +€211 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €16,483 | €12,014 | -€4,469 | -27.1% |
| Income taxes | 67/77 | - | €4,761 | +€4,761 | |
| Profit (loss) for the period | 9904 | €16,483 | €7,253 | -€9,230 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,483 | €7,253 | -€9,230 | -56.0% |
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 30 September 2026 via checked.be.