Miller Logistics: what changed
Miller Logistics
Largest movements
- Cash -€1,940
down €1,940 (-100.0%), from €1,940 to €0
mainly Trade debts (-€1,061) and Receivables within one year (-€1,014)
- Receivables within one year +€1,014
up €1,014 (+23.6%), from €4,294 to €5,308
of which Other amounts receivable: +€1,329
- Tangible fixed assets +€716
new in 2025: €716
- Deferred charges and accrued income -€390
no longer reported in 2025 (was €390)
- Reserves +€1,167
up €1,167 (+469%), from €249 to €1,416
- Trade debts -€1,061
down €1,061 (-75.2%), from €1,411 to €350
- Tax, wage and social debts -€706
down €706 (-23.8%), from €2,964 to €2,259
- Gross operating margin +€1,278
up €1,278 (+93.5%), from €1,366 to €2,644
- Depreciation +€283
new in 2025: €283
- Financial charges +€197
up €197 (+131,553%), from €0 to €197
- Other operating charges +€192
up €192 (+383%), from €50 to €242
- Financial income +€160
up €160 (+176%), from €91 to €252
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,624 | €8,024 | -€600 | -7.0% |
| Fixed assets | 21/28 | €2,000 | €2,716 | +€716 | +35.8% |
| Tangible fixed assets | 22/27 | - | €716 | +€716 | |
| Furniture and vehicles | 24 | - | €716 | +€716 | |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €6,624 | €5,308 | -€1,316 | -19.9% |
| Amounts receivable within one year | 40/41 | €4,294 | €5,308 | +€1,014 | +23.6% |
| Trade receivables | 40 | €315 | - | -€315 | |
| Other amounts receivable | 41 | €3,979 | €5,308 | +€1,329 | +33.4% |
| Cash at bank and in hand | 54/58 | €1,940 | €0 | -€1,940 | -100.0% |
| Deferred charges and accrued income | 490/1 | €390 | - | -€390 | |
| Total equity and liabilities | 10/49 | €8,624 | €8,024 | -€600 | -7.0% |
| Equity | 10/15 | €4,249 | €5,416 | +€1,167 | +27.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €249 | €1,416 | +€1,167 | +469% |
| Distributable reserves | 133 | €249 | €1,416 | +€1,167 | +469% |
| Amounts payable | 17/49 | €4,375 | €2,609 | -€1,767 | -40.4% |
| Amounts payable within one year | 42/48 | €4,375 | €2,609 | -€1,767 | -40.4% |
| Trade debts | 44 | €1,411 | €350 | -€1,061 | -75.2% |
| Suppliers | 440/4 | €1,411 | €350 | -€1,061 | -75.2% |
| Taxes, remuneration and social security | 45 | €2,964 | €2,259 | -€706 | -23.8% |
| Taxes | 450/3 | €2,964 | €2,259 | -€706 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €283 | +€283 | |
| Other operating charges | 640/8 | €50 | €242 | +€192 | +383% |
| Gross operating margin | 9900 | €1,366 | €2,644 | +€1,278 | +93.5% |
| Operating profit (loss) | 9901 | €1,316 | €2,119 | +€803 | +61.0% |
| Financial income | 75/76B | €91 | €252 | +€160 | +176% |
| Recurring financial income | 75 | €91 | €252 | +€160 | +176% |
| Financial charges | 65/66B | €0 | €197 | +€197 | +131,553% |
| Recurring financial charges | 65 | €0 | €197 | +€197 | +131,553% |
| Profit (loss) for the period before taxes | 9903 | €1,407 | €2,173 | +€766 | +54.4% |
| Income taxes | 67/77 | €1,158 | €1,006 | -€152 | -13.1% |
| Profit (loss) for the period | 9904 | €249 | €1,167 | +€918 | +369% |
| Profit (loss) for the period to be appropriated | 9905 | €249 | €1,167 | +€918 | +369% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.