MILLES & CO: 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.
MILLES & CO
Largest movements
- Receivables within one year +€60,798
up €60,798 (+31.8%), from €191,436 to €252,234
of which Trade receivables: +€56,628
- Cash -€48,825
down €48,825 (-31.0%), from €157,328 to €108,503
mainly Receivables within one year (-€60,798) and Net result for the year (-€8,153)
- Tangible fixed assets -€6,603
down €6,603 (-7.6%), from €86,363 to €79,760
- Other debts +€11,177
up €11,177 (+9.3%), from €119,539 to €130,715
- Profit (loss) carried forward -€8,153
down €8,153 (-48.9%), from -€16,668 to -€24,821
- Gross operating margin +€10,251
up €10,251, from -€9,868 to €383
- Other operating charges +€1,049
up €1,049 (+84.4%), from €1,242 to €2,291
- Financial charges +€359
up €359 (+100%), from €359 to €719
- Financial income -€328
down €328 (-23.4%), from €1,404 to €1,076
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 | €602,113 | €607,301 | +€5,188 | +0.9% |
| Fixed assets | 21/28 | €86,638 | €80,035 | -€6,603 | -7.6% |
| Tangible fixed assets | 22/27 | €86,363 | €79,760 | -€6,603 | -7.6% |
| Land and buildings | 22 | €86,363 | €79,760 | -€6,603 | -7.6% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €515,475 | €527,266 | +€11,791 | +2.3% |
| Stocks and contracts in progress | 3 | €165,312 | €165,312 | = | 0.0% |
| Stocks | 30/36 | €165,312 | €165,312 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €191,436 | €252,234 | +€60,798 | +31.8% |
| Trade receivables | 40 | €84,816 | €141,444 | +€56,628 | +66.8% |
| Other amounts receivable | 41 | €106,620 | €110,790 | +€4,170 | +3.9% |
| Cash at bank and in hand | 54/58 | €157,328 | €108,503 | -€48,825 | -31.0% |
| Deferred charges and accrued income | 490/1 | €1,398 | €1,216 | -€182 | -13.0% |
| Total equity and liabilities | 10/49 | €602,113 | €607,301 | +€5,188 | +0.9% |
| Equity | 10/15 | €168,939 | €160,786 | -€8,153 | -4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €179,407 | €179,407 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €177,547 | €179,407 | +€1,860 | +1.0% |
| Profit (loss) carried forward | 14 | -€16,668 | -€24,821 | -€8,153 | -48.9% |
| Amounts payable | 17/49 | €433,173 | €446,514 | +€13,341 | +3.1% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €133,173 | €146,514 | +€13,341 | +10.0% |
| Trade debts | 44 | €3,162 | €5,599 | +€2,437 | +77.1% |
| Suppliers | 440/4 | €3,162 | €5,599 | +€2,437 | +77.1% |
| Taxes, remuneration and social security | 45 | €10,472 | €10,200 | -€272 | -2.6% |
| Taxes | 450/3 | €7,844 | €7,572 | -€272 | -3.5% |
| Remuneration and social security | 454/9 | €2,628 | €2,628 | = | 0.0% |
| Other amounts payable | 47/48 | €119,539 | €130,715 | +€11,177 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,603 | €6,603 | = | 0.0% |
| Other operating charges | 640/8 | €1,242 | €2,291 | +€1,049 | +84.4% |
| Gross operating margin | 9900 | -€9,868 | €383 | +€10,251 | |
| Operating profit (loss) | 9901 | -€17,713 | -€8,510 | +€9,203 | +52.0% |
| Financial income | 75/76B | €1,404 | €1,076 | -€328 | -23.4% |
| Recurring financial income | 75 | €1,404 | €1,076 | -€328 | -23.4% |
| Financial charges | 65/66B | €359 | €719 | +€359 | +100% |
| Recurring financial charges | 65 | €359 | €719 | +€359 | +100% |
| Profit (loss) for the period before taxes | 9903 | -€16,668 | -€8,153 | +€8,515 | +51.1% |
| Profit (loss) for the period | 9904 | -€16,668 | -€8,153 | +€8,515 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,668 | -€8,153 | +€8,515 | +51.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.