MILLIAU CONSTRUCT: 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.
MILLIAU CONSTRUCT
Largest movements
- Stocks and contracts +€70,777
up €70,777 (+121%), from €58,595 to €129,372
- Cash -€63,502
down €63,502 (-99.6%), from €63,773 to €271
mainly Stocks and contracts (-€70,777) and Net result for the year (-€3,072)
- Receivables within one year +€2,092
up €2,092 (+94.1%), from €2,224 to €4,316
of which Trade receivables: +€1,904
- Short-term financial debts +€10,000
up €10,000 (+9.1%), from €110,000 to €120,000
- Profit (loss) carried forward -€3,072
down €3,072 (-32.3%), from -€9,517 to -€12,589
- Gross operating margin -€232
down €232 (-10.9%), from -€2,124 to -€2,356
- Other operating charges -€116
down €116 (-14.6%), from €792 to €676
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 | €125,912 | €134,080 | +€8,168 | +6.5% |
| Fixed assets | 21/28 | €1,320 | €120 | -€1,200 | -90.9% |
| Financial fixed assets | 28 | €1,320 | €120 | -€1,200 | -90.9% |
| Current assets | 29/58 | €124,592 | €133,960 | +€9,368 | +7.5% |
| Stocks and contracts in progress | 3 | €58,595 | €129,372 | +€70,777 | +121% |
| Stocks | 30/36 | €58,595 | €129,372 | +€70,777 | +121% |
| Amounts receivable within one year | 40/41 | €2,224 | €4,316 | +€2,092 | +94.1% |
| Trade receivables | 40 | - | €1,904 | +€1,904 | |
| Other amounts receivable | 41 | €2,224 | €2,412 | +€188 | +8.4% |
| Cash at bank and in hand | 54/58 | €63,773 | €271 | -€63,502 | -99.6% |
| Total equity and liabilities | 10/49 | €125,912 | €134,080 | +€8,168 | +6.5% |
| Equity | 10/15 | €15,483 | €12,411 | -€3,072 | -19.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,517 | -€12,589 | -€3,072 | -32.3% |
| Amounts payable | 17/49 | €110,429 | €121,668 | +€11,239 | +10.2% |
| Amounts payable within one year | 42/48 | €110,429 | €121,668 | +€11,239 | +10.2% |
| Financial debts | 43 | €110,000 | €120,000 | +€10,000 | +9.1% |
| Other loans | 439 | €110,000 | €120,000 | +€10,000 | +9.1% |
| Trade debts | 44 | €429 | €1,668 | +€1,239 | +289% |
| Suppliers | 440/4 | €429 | €1,668 | +€1,239 | +289% |
| Other operating charges | 640/8 | €792 | €676 | -€116 | -14.6% |
| Gross operating margin | 9900 | -€2,124 | -€2,356 | -€232 | -10.9% |
| Operating profit (loss) | 9901 | -€2,916 | -€3,033 | -€117 | -4.0% |
| Financial charges | 65/66B | €39 | €39 | +€0 | +0.1% |
| Recurring financial charges | 65 | €39 | €39 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,955 | -€3,072 | -€117 | -4.0% |
| Profit (loss) for the period | 9904 | -€2,955 | -€3,072 | -€117 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,955 | -€3,072 | -€117 | -4.0% |
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 13 October 2026 via checked.be.