MILLER CONSULTING: 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.
MILLER CONSULTING
Largest movements
- Stocks and contracts +€221,753
new in 2025: €221,753
- Cash -€27,185
down €27,185 (-51.6%), from €52,716 to €25,531
mainly Stocks and contracts (-€221,753) and Receivables within one year (-€6,331)
- Receivables within one year +€6,331
up €6,331 (+129%), from €4,910 to €11,240
of which Trade receivables: +€5,684
- Short-term financial debts +€160,000
new in 2025: €160,000
- Profit (loss) carried forward +€41,882
up €41,882 (+110%), from €38,028 to €79,910
- Gross operating margin +€7,540
up €7,540 (+15.8%), from €47,795 to €55,335
- Financial charges +€2,345
up €2,345 (+3,908,717%), from €0 to €2,345
- Taxes +€1,004
up €1,004 (+9.8%), from €10,235 to €11,239
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.
Derived cash bridge
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 | €57,626 | €259,170 | +€201,544 | +350% |
| Current assets | 29/58 | €57,626 | €259,170 | +€201,544 | +350% |
| Stocks and contracts in progress | 3 | - | €221,753 | +€221,753 | |
| Stocks | 30/36 | - | €221,753 | +€221,753 | |
| Amounts receivable within one year | 40/41 | €4,910 | €11,240 | +€6,331 | +129% |
| Trade receivables | 40 | €4,910 | €10,594 | +€5,684 | +116% |
| Other amounts receivable | 41 | - | €647 | +€647 | |
| Cash at bank and in hand | 54/58 | €52,716 | €25,531 | -€27,185 | -51.6% |
| Deferred charges and accrued income | 490/1 | - | €646 | +€646 | |
| Total equity and liabilities | 10/49 | €57,626 | €259,170 | +€201,544 | +350% |
| Equity | 10/15 | €41,028 | €82,910 | +€41,882 | +102% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,028 | €79,910 | +€41,882 | +110% |
| Amounts payable | 17/49 | €16,598 | €176,260 | +€159,662 | +962% |
| Amounts payable within one year | 42/48 | €16,598 | €176,260 | +€159,662 | +962% |
| Financial debts | 43 | - | €160,000 | +€160,000 | |
| Other loans | 439 | - | €160,000 | +€160,000 | |
| Trade debts | 44 | €1,922 | €487 | -€1,435 | -74.7% |
| Suppliers | 440/4 | €1,922 | €487 | -€1,435 | -74.7% |
| Taxes, remuneration and social security | 45 | €14,623 | €15,773 | +€1,150 | +7.9% |
| Taxes | 450/3 | €14,623 | €15,773 | +€1,150 | +7.9% |
| Other amounts payable | 47/48 | €53 | €0 | -€53 | -100% |
| Gross operating margin | 9900 | €47,795 | €55,335 | +€7,540 | +15.8% |
| Operating profit (loss) | 9901 | €47,795 | €55,335 | +€7,540 | +15.8% |
| Financial income | 75/76B | €468 | €132 | -€336 | -71.8% |
| Recurring financial income | 75 | €468 | €132 | -€336 | -71.8% |
| Financial charges | 65/66B | €0 | €2,345 | +€2,345 | +3,908,717% |
| Recurring financial charges | 65 | €0 | €2,345 | +€2,345 | +3,908,717% |
| Profit (loss) for the period before taxes | 9903 | €48,263 | €53,122 | +€4,859 | +10.1% |
| Income taxes | 67/77 | €10,235 | €11,239 | +€1,004 | +9.8% |
| Profit (loss) for the period | 9904 | €38,028 | €41,882 | +€3,854 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,028 | €41,882 | +€3,854 | +10.1% |
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 23 October 2026 via checked.be.