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MILLIE PROJECTS: 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.

What changed

MILLIE PROJECTS

BE 0759.971.541
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€7,650
2024 · -€14,538+€22,188
Equity
€327,841
2024 · €320,191+€7,650
Cash
€14,792
2024 · €6,424+€8,367
Balance sheet total
€1.1m
2024 · €1.1m-€21,705

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€30,130

    down €30,130 (-2.8%), from €1.1m to €1.0m

Equity and liabilities
  • Debts after one year -€37,992

    down €37,992 (-7.0%), from €545,761 to €507,769

  • Other debts +€11,749

    up €11,749 (+7.2%), from €164,310 to €176,059

Income statement
  • Gross operating margin +€22,496

    up €22,496 (+57.3%), from €39,240 to €61,735

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€14,538
Gross operating margin +€22,496
Depreciation -€255
Other operating charges -€484
Financial charges +€432
Result 2025 €7,650

Cash bridge derived

cash 2024 to 2025

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.

From operations +€52,692
Investment -€6,784
Financing -€37,541
Cash 2024 €6,424
Net result for the year +€7,650
Depreciation +€36,914
Smaller working-capital items -€57
Trade debts -€4,959
Other debts +€11,749
Accrued charges and deferred income +€1,396
Investment in fixed assets (net) -€6,784
Debts after one year -€37,992
Current portion of long-term debt +€451
Cash 2025 €14,792
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,078,120 €1,056,415 -€21,705 -2.0%
Fixed assets 21/28 €1,062,288 €1,032,158 -€30,130 -2.8%
Tangible fixed assets 22/27 €1,062,288 €1,032,158 -€30,130 -2.8%
Land and buildings 22 €1,062,288 €1,032,158 -€30,130 -2.8%
Current assets 29/58 €15,833 €24,258 +€8,425 +53.2%
Amounts receivable within one year 40/41 €3 - -€3
Trade receivables 40 €3 - -€3
Cash at bank and in hand 54/58 €6,424 €14,792 +€8,367 +130.3%
Deferred charges and accrued income 490/1 €9,406 €9,466 +€60 +0.6%
Total equity and liabilities 10/49 €1,078,120 €1,056,415 -€21,705 -2.0%
Equity 10/15 €320,191 €327,841 +€7,650 +2.4%
Contributions 10/11 €400,000 €400,000 = 0.0%
Profit (loss) carried forward 14 -€79,809 -€72,159 +€7,650 +9.6%
Amounts payable 17/49 €757,929 €728,574 -€29,355 -3.9%
Amounts payable after more than one year 17 €545,761 €507,769 -€37,992 -7.0%
Financial debts 170/4 €545,761 €507,769 -€37,992 -7.0%
Amounts payable within one year 42/48 €206,810 €214,051 +€7,241 +3.5%
Current portion of amounts payable after more than one year 42 €37,541 €37,992 +€451 +1.2%
Trade debts 44 €4,959 - -€4,959
Suppliers 440/4 €4,959 - -€4,959
Other amounts payable 47/48 €164,310 €176,059 +€11,749 +7.2%
Accrued charges and deferred income 492/3 €5,358 €6,755 +€1,396 +26.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €36,659 €36,914 +€255 +0.7%
Other operating charges 640/8 €6,510 €6,994 +€484 +7.4%
Gross operating margin 9900 €39,240 €61,735 +€22,496 +57.3%
Operating profit (loss) 9901 -€3,929 €17,827 +€21,757
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €10,609 €10,177 -€432 -4.1%
Recurring financial charges 65 €10,609 €10,177 -€432 -4.1%
Profit (loss) for the period before taxes 9903 -€14,538 €7,650 +€22,188
Profit (loss) for the period 9904 -€14,538 €7,650 +€22,188
Profit (loss) for the period to be appropriated 9905 -€14,538 €7,650 +€22,188

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.