Millennium Ventures: 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.
Millennium Ventures
Largest movements
- Financial fixed assets -€2.5m
down €2.5m (-100.0%), from €2.5m to €0
- Receivables within one year +€236,923
up €236,923 (+45650.0%), from €519 to €237,442
- Debts after one year -€2.6m
down €2.6m (-99.0%), from €2.7m to €26,233
- Profit (loss) carried forward +€510,522
up €510,522, from -€112,393 to €398,129
- Accrued charges and deferred income -€100,220
down €100,220 (-96.0%), from €104,396 to €4,176
- Financial income +€573,830
up €573,830 (+12585.4%), from €4,560 to €578,390
of which Non-recurring financial income: +€570,185
- Financial charges +€4,453
up €4,453 (+8.1%), from €55,064 to €59,518
- Gross operating margin -€359
down €359 (-4.7%), from -€7,605 to -€7,963
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 | €2,681,168 | €460,206 | -€2.2m | -82.8% |
| Fixed assets | 21/28 | €2,466,090 | €0 | -€2.5m | -100.0% |
| Financial fixed assets | 28 | €2,466,090 | €0 | -€2.5m | -100.0% |
| Current assets | 29/58 | €215,078 | €460,206 | +€245,128 | +114.0% |
| Amounts receivable within one year | 40/41 | €519 | €237,442 | +€236,923 | +45650.0% |
| Other amounts receivable | 41 | €519 | €237,442 | +€236,923 | +45650.0% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,000 | €10,000 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €4,559 | €12,764 | +€8,205 | +180.0% |
| Total equity and liabilities | 10/49 | €2,681,168 | €460,206 | -€2.2m | -82.8% |
| Equity | 10/15 | -€102,393 | €408,129 | +€510,522 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,393 | €398,129 | +€510,522 | |
| Amounts payable | 17/49 | €2,783,561 | €52,078 | -€2.7m | -98.1% |
| Amounts payable after more than one year | 17 | €2,666,609 | €26,233 | -€2.6m | -99.0% |
| Financial debts | 170/4 | €2,666,609 | €26,233 | -€2.6m | -99.0% |
| Amounts payable within one year | 42/48 | €12,555 | €21,669 | +€9,113 | +72.6% |
| Trade debts | 44 | - | €3,356 | +€3,356 | |
| Suppliers | 440/4 | - | €3,356 | +€3,356 | |
| Other amounts payable | 47/48 | €12,555 | €18,313 | +€5,757 | +45.9% |
| Accrued charges and deferred income | 492/3 | €104,396 | €4,176 | -€100,220 | -96.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€7,605 | -€7,963 | -€359 | -4.7% |
| Operating profit (loss) | 9901 | -€7,989 | -€8,351 | -€361 | -4.5% |
| Financial income | 75/76B | €4,560 | €578,390 | +€573,830 | +12585.4% |
| Recurring financial income | 75 | €4,560 | €8,205 | +€3,646 | +80.0% |
| Non-recurring financial income | 76B | - | €570,185 | +€570,185 | |
| Financial charges | 65/66B | €55,064 | €59,518 | +€4,453 | +8.1% |
| Recurring financial charges | 65 | €55,064 | €59,518 | +€4,453 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€58,494 | €510,522 | +€569,015 | |
| Profit (loss) for the period | 9904 | -€58,494 | €510,522 | +€569,015 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,494 | €510,522 | +€569,015 |
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 7 October 2026 via checked.be.