MILLENNIO: 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.
MILLENNIO
Largest movements
- Cash -€15,606
down €15,606 (-93.4%), from €16,707 to €1,101
mainly Other debts (-€7,500) and Net result for the year (-€6,371)
- Receivables within one year +€5,030
up €5,030 (+8.5%), from €59,341 to €64,371
of which Other amounts receivable: +€10,668
- Tangible fixed assets -€4,317
down €4,317 (-45.5%), from €9,491 to €5,174
- Deferred charges and accrued income -€2,101
down €2,101 (-85.3%), from €2,463 to €362
- Other debts -€7,500
no longer reported in 2025 (was €7,500)
- Profit (loss) carried forward -€6,371
down €6,371 (-12.2%), from €52,328 to €45,957
- Tax, wage and social debts -€5,359
down €5,359 (-99.6%), from €5,381 to €21
- Trade debts +€2,236
up €2,236 (+14.1%), from €15,869 to €18,105
- Gross operating margin -€30,753
down €30,753 (-84.5%), from €36,386 to €5,633
- Other operating charges -€5,197
down €5,197 (-41.4%), from €12,556 to €7,360
- Taxes -€4,698
no longer reported in 2025 (was €4,698)
- Depreciation +€504
up €504 (+13.2%), from €3,814 to €4,317
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 | €89,238 | €72,243 | -€16,995 | -19.0% |
| Fixed assets | 21/28 | €10,726 | €6,409 | -€4,317 | -40.3% |
| Tangible fixed assets | 22/27 | €9,491 | €5,174 | -€4,317 | -45.5% |
| Furniture and vehicles | 24 | €9,491 | €5,174 | -€4,317 | -45.5% |
| Financial fixed assets | 28 | €1,235 | €1,235 | = | 0.0% |
| Current assets | 29/58 | €78,511 | €65,834 | -€12,677 | -16.1% |
| Amounts receivable within one year | 40/41 | €59,341 | €64,371 | +€5,030 | +8.5% |
| Trade receivables | 40 | €27,540 | €21,902 | -€5,638 | -20.5% |
| Other amounts receivable | 41 | €31,802 | €42,470 | +€10,668 | +33.5% |
| Cash at bank and in hand | 54/58 | €16,707 | €1,101 | -€15,606 | -93.4% |
| Deferred charges and accrued income | 490/1 | €2,463 | €362 | -€2,101 | -85.3% |
| Total equity and liabilities | 10/49 | €89,238 | €72,243 | -€16,995 | -19.0% |
| Equity | 10/15 | €60,488 | €54,117 | -€6,371 | -10.5% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,328 | €45,957 | -€6,371 | -12.2% |
| Amounts payable | 17/49 | €28,749 | €18,126 | -€10,623 | -37.0% |
| Amounts payable within one year | 42/48 | €28,749 | €18,126 | -€10,623 | -37.0% |
| Trade debts | 44 | €15,869 | €18,105 | +€2,236 | +14.1% |
| Suppliers | 440/4 | €15,869 | €18,105 | +€2,236 | +14.1% |
| Taxes, remuneration and social security | 45 | €5,381 | €21 | -€5,359 | -99.6% |
| Taxes | 450/3 | €5,381 | €21 | -€5,359 | -99.6% |
| Other amounts payable | 47/48 | €7,500 | - | -€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,814 | €4,317 | +€504 | +13.2% |
| Other operating charges | 640/8 | €12,556 | €7,360 | -€5,197 | -41.4% |
| Gross operating margin | 9900 | €36,386 | €5,633 | -€30,753 | -84.5% |
| Operating profit (loss) | 9901 | €20,016 | -€6,044 | -€26,060 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €410 | €327 | -€83 | -20.3% |
| Recurring financial charges | 65 | €410 | €327 | -€83 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €19,606 | -€6,371 | -€25,977 | |
| Income taxes | 67/77 | €4,698 | - | -€4,698 | |
| Profit (loss) for the period | 9904 | €14,908 | -€6,371 | -€21,280 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,908 | -€6,371 | -€21,280 |
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 11 October 2026 via checked.be.