MILLESIME IMMO: 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.
MILLESIME IMMO
Largest movements
- Tangible fixed assets -€55,807
down €55,807 (-6.8%), from €815,053 to €759,245
of which Land and buildings: -€54,691
- Cash -€12,146
down €12,146 (-59.7%), from €20,333 to €8,187
mainly Net result for the year (-€119,614) and Debts after one year (-€27,421)
- Profit (loss) carried forward -€119,614
down €119,614 (-124.7%), from -€95,940 to -€215,553
- Other debts +€52,697
up €52,697 (+421.2%), from €12,511 to €65,208
- Trade debts +€31,878
up €31,878 (+185.0%), from €17,236 to €49,114
- Debts after one year -€27,421
down €27,421 (-3.8%), from €717,793 to €690,372
- Accrued charges and deferred income -€14,761
down €14,761 (-91.3%), from €16,168 to €1,407
- Gross operating margin -€57,574
down €57,574 (-70.0%), from €82,283 to €24,709
- Write-downs +€19,489
up €19,489 (+117.7%), from €16,564 to €36,054
- Other operating charges +€9,101
up €9,101 (+99.4%), from €9,155 to €18,256
- Financial charges -€2,692
down €2,692 (-7.3%), from €36,629 to €33,937
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 | €851,206 | €786,860 | -€64,347 | -7.6% |
| Formation expenses | 20 | €820 | €518 | -€302 | -36.8% |
| Fixed assets | 21/28 | €815,053 | €759,245 | -€55,807 | -6.8% |
| Tangible fixed assets | 22/27 | €815,053 | €759,245 | -€55,807 | -6.8% |
| Land and buildings | 22 | €811,805 | €757,114 | -€54,691 | -6.7% |
| Furniture and vehicles | 24 | €3,247 | €2,131 | -€1,116 | -34.4% |
| Current assets | 29/58 | €35,333 | €27,096 | -€8,237 | -23.3% |
| Amounts receivable within one year | 40/41 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,333 | €8,187 | -€12,146 | -59.7% |
| Deferred charges and accrued income | 490/1 | €0 | €3,909 | +€3,909 | |
| Total equity and liabilities | 10/49 | €851,206 | €786,860 | -€64,347 | -7.6% |
| Equity | 10/15 | €4,060 | -€115,553 | -€119,614 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Uncalled capital | 101 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€95,940 | -€215,553 | -€119,614 | -124.7% |
| Amounts payable | 17/49 | €847,146 | €902,413 | +€55,267 | +6.5% |
| Amounts payable after more than one year | 17 | €717,793 | €690,372 | -€27,421 | -3.8% |
| Financial debts | 170/4 | €717,793 | €690,372 | -€27,421 | -3.8% |
| Amounts payable within one year | 42/48 | €113,185 | €210,634 | +€97,449 | +86.1% |
| Current portion of amounts payable after more than one year | 42 | €83,439 | €96,312 | +€12,873 | +15.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €17,236 | €49,114 | +€31,878 | +185.0% |
| Suppliers | 440/4 | €17,236 | €49,114 | +€31,878 | +185.0% |
| Other amounts payable | 47/48 | €12,511 | €65,208 | +€52,697 | +421.2% |
| Accrued charges and deferred income | 492/3 | €16,168 | €1,407 | -€14,761 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,136 | €56,109 | -€27 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,564 | €36,054 | +€19,489 | +117.7% |
| Other operating charges | 640/8 | €9,155 | €18,256 | +€9,101 | +99.4% |
| Gross operating margin | 9900 | €82,283 | €24,709 | -€57,574 | -70.0% |
| Operating profit (loss) | 9901 | €428 | -€85,709 | -€86,137 | |
| Financial income | 75/76B | €0 | €33 | +€33 | |
| Recurring financial income | 75 | €0 | €33 | +€33 | |
| Financial charges | 65/66B | €36,629 | €33,937 | -€2,692 | -7.3% |
| Recurring financial charges | 65 | €36,629 | €33,937 | -€2,692 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€36,201 | -€119,614 | -€83,412 | -230.4% |
| Profit (loss) for the period | 9904 | -€36,201 | -€119,614 | -€83,412 | -230.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,201 | -€119,614 | -€83,412 | -230.4% |
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 7 October 2026 via checked.be.