MILLIE & L: 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.
MILLIE & L
Largest movements
- Receivables within one year +€251,454
up €251,454 (+233.9%), from €107,495 to €358,950
of which Trade receivables: +€251,454
- Cash +€27,198
up €27,198 (+37.3%), from €72,896 to €100,094
mainly Trade debts (+€248,846) and Tax, wage and social debts (+€31,643)
- Tangible fixed assets -€23,063
down €23,063 (-47.5%), from €48,588 to €25,524
- Trade debts +€248,846
up €248,846 (+225.3%), from €110,437 to €359,283
- Tax, wage and social debts +€31,643
up €31,643 (+46.2%), from €68,493 to €100,136
of which Taxes: +€23,899
- Other debts -€26,113
down €26,113 (-62.4%), from €41,854 to €15,741
- Profit (loss) carried forward +€24,956
up €24,956 (+197.2%), from €12,653 to €37,609
- Debts after one year -€20,781
down €20,781 (-85.4%), from €24,340 to €3,559
- Staff costs -€11,216
down €11,216 (-11.2%), from €100,569 to €89,353
- Gross operating margin +€5,660
up €5,660 (+3.5%), from €162,203 to €167,864
- Financial charges +€3,499
up €3,499 (+22.7%), from €15,407 to €18,906
- Taxes +€3,287
up €3,287 (+43.8%), from €7,500 to €10,787
- Other operating charges -€2,249
down €2,249 (-73.8%), from €3,046 to €797
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,606 | €543,133 | +€259,527 | +91.5% |
| Fixed assets | 21/28 | €49,057 | €25,993 | -€23,063 | -47.0% |
| Tangible fixed assets | 22/27 | €48,588 | €25,524 | -€23,063 | -47.5% |
| Furniture and vehicles | 24 | €48,588 | €25,524 | -€23,063 | -47.5% |
| Financial fixed assets | 28 | €469 | €469 | = | 0.0% |
| Current assets | 29/58 | €234,550 | €517,140 | +€282,590 | +120.5% |
| Stocks and contracts in progress | 3 | €54,158 | €56,709 | +€2,550 | +4.7% |
| Stocks | 30/36 | €54,158 | €56,709 | +€2,550 | +4.7% |
| Amounts receivable within one year | 40/41 | €107,495 | €358,950 | +€251,454 | +233.9% |
| Trade receivables | 40 | €107,495 | €358,950 | +€251,454 | +233.9% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €72,896 | €100,094 | +€27,198 | +37.3% |
| Deferred charges and accrued income | 490/1 | - | €1,387 | +€1,387 | |
| Total equity and liabilities | 10/49 | €283,606 | €543,133 | +€259,527 | +91.5% |
| Equity | 10/15 | €18,653 | €43,609 | +€24,956 | +133.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,653 | €37,609 | +€24,956 | +197.2% |
| Amounts payable | 17/49 | €264,954 | €499,525 | +€234,571 | +88.5% |
| Amounts payable after more than one year | 17 | €24,340 | €3,559 | -€20,781 | -85.4% |
| Financial debts | 170/4 | €24,340 | €3,559 | -€20,781 | -85.4% |
| Amounts payable within one year | 42/48 | €240,613 | €495,941 | +€255,327 | +106.1% |
| Current portion of amounts payable after more than one year | 42 | €19,830 | €20,781 | +€951 | +4.8% |
| Trade debts | 44 | €110,437 | €359,283 | +€248,846 | +225.3% |
| Suppliers | 440/4 | €110,437 | €359,283 | +€248,846 | +225.3% |
| Taxes, remuneration and social security | 45 | €68,493 | €100,136 | +€31,643 | +46.2% |
| Taxes | 450/3 | €46,064 | €69,962 | +€23,899 | +51.9% |
| Remuneration and social security | 454/9 | €22,429 | €30,174 | +€7,745 | +34.5% |
| Other amounts payable | 47/48 | €41,854 | €15,741 | -€26,113 | -62.4% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Remuneration, social security and pensions | 62 | €100,569 | €89,353 | -€11,216 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,028 | €23,063 | +€36 | +0.2% |
| Other operating charges | 640/8 | €3,046 | €797 | -€2,249 | -73.8% |
| Gross operating margin | 9900 | €162,203 | €167,864 | +€5,660 | +3.5% |
| Operating profit (loss) | 9901 | €35,560 | €54,650 | +€19,090 | +53.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €15,407 | €18,906 | +€3,499 | +22.7% |
| Recurring financial charges | 65 | €15,407 | €18,906 | +€3,499 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €20,153 | €35,743 | +€15,591 | +77.4% |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | €7,500 | €10,787 | +€3,287 | +43.8% |
| Profit (loss) for the period | 9904 | €12,653 | €24,956 | +€12,303 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,653 | €24,956 | +€12,303 | +97.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.