Millenniumbridge: 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.
Millenniumbridge
Largest movements
- Cash +€16,019
up €16,019 (+202.8%), from €7,898 to €23,917
mainly Other debts (+€24,436) and Depreciation (+€4,752)
- Current investments -€4,361
down €4,361 (-12.5%), from €35,013 to €30,652
- Receivables within one year +€3,884
up €3,884 (+22.8%), from €17,009 to €20,893
of which Other amounts receivable: +€5,862
- Other debts +€24,436
up €24,436 (+88.8%), from €27,512 to €51,947
- Trade debts -€5,249
down €5,249 (-94.6%), from €5,547 to €298
- Current portion of long-term debt -€4,766
down €4,766 (-100.0%), from €4,766 to €0
- Tax, wage and social debts +€3,107
up €3,107 (+58.4%), from €5,323 to €8,430
of which Taxes: +€4,085
- Reserves -€1,996
down €1,996 (-2.0%), from €99,506 to €97,510
- Financial charges +€11,364
up €11,364 (+37.9%), from €29,991 to €41,355
- Gross operating margin -€6,406
down €6,406 (-12.1%), from €52,894 to €46,489
- Taxes -€5,999
down €5,999 (-78.1%), from €7,681 to €1,682
- Depreciation +€1,069
up €1,069 (+29.0%), from €3,683 to €4,752
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 | €163,214 | €179,387 | +€16,173 | +9.9% |
| Fixed assets | 21/28 | €101,595 | €102,290 | +€695 | +0.7% |
| Tangible fixed assets | 22/27 | €11,595 | €12,290 | +€695 | +6.0% |
| Plant, machinery and equipment | 23 | €1,127 | €713 | -€414 | -36.7% |
| Furniture and vehicles | 24 | €7,398 | €6,119 | -€1,279 | -17.3% |
| Other tangible fixed assets | 26 | €3,071 | €5,458 | +€2,387 | +77.7% |
| Financial fixed assets | 28 | €90,000 | €90,000 | = | 0.0% |
| Current assets | 29/58 | €61,619 | €77,097 | +€15,478 | +25.1% |
| Amounts receivable within one year | 40/41 | €17,009 | €20,893 | +€3,884 | +22.8% |
| Trade receivables | 40 | €16,999 | €15,020 | -€1,978 | -11.6% |
| Other amounts receivable | 41 | €11 | €5,873 | +€5,862 | +54176.0% |
| Current investments | 50/53 | €35,013 | €30,652 | -€4,361 | -12.5% |
| Cash at bank and in hand | 54/58 | €7,898 | €23,917 | +€16,019 | +202.8% |
| Deferred charges and accrued income | 490/1 | €1,698 | €1,635 | -€62 | -3.7% |
| Total equity and liabilities | 10/49 | €163,214 | €179,387 | +€16,173 | +9.9% |
| Equity | 10/15 | €118,098 | €116,102 | -€1,996 | -1.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €99,506 | €97,510 | -€1,996 | -2.0% |
| Distributable reserves | 133 | €99,506 | €97,510 | -€1,996 | -2.0% |
| Amounts payable | 17/49 | €45,116 | €63,285 | +€18,169 | +40.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €43,148 | €60,675 | +€17,527 | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €4,766 | €0 | -€4,766 | -100.0% |
| Trade debts | 44 | €5,547 | €298 | -€5,249 | -94.6% |
| Suppliers | 440/4 | €5,547 | €298 | -€5,249 | -94.6% |
| Taxes, remuneration and social security | 45 | €5,323 | €8,430 | +€3,107 | +58.4% |
| Taxes | 450/3 | €2,369 | €6,454 | +€4,085 | +172.5% |
| Remuneration and social security | 454/9 | €2,954 | €1,976 | -€978 | -33.1% |
| Other amounts payable | 47/48 | €27,512 | €51,947 | +€24,436 | +88.8% |
| Accrued charges and deferred income | 492/3 | €1,968 | €2,610 | +€642 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,683 | €4,752 | +€1,069 | +29.0% |
| Other operating charges | 640/8 | €756 | €895 | +€138 | +18.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €52,894 | €46,489 | -€6,406 | -12.1% |
| Operating profit (loss) | 9901 | €48,455 | €40,842 | -€7,613 | -15.7% |
| Financial income | 75/76B | €152 | €199 | +€47 | +30.7% |
| Recurring financial income | 75 | €152 | €199 | +€47 | +30.7% |
| Financial charges | 65/66B | €29,991 | €41,355 | +€11,364 | +37.9% |
| Recurring financial charges | 65 | €29,991 | €41,355 | +€11,364 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €18,616 | -€314 | -€18,931 | |
| Income taxes | 67/77 | €7,681 | €1,682 | -€5,999 | -78.1% |
| Profit (loss) for the period | 9904 | €10,935 | -€1,996 | -€12,932 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,935 | -€1,996 | -€12,932 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.