MILLIMMO: 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.
MILLIMMO
Largest movements
- Receivables within one year +€28,224
new in 2025: €28,224
- Tangible fixed assets -€26,177
down €26,177 (-2.9%), from €901,649 to €875,471
- Cash +€10,299
up €10,299 (+142.5%), from €7,225 to €17,524
mainly Net result for the year (+€143,650) and Depreciation (+€26,177)
- Profit (loss) carried forward +€143,650
up €143,650 (+940.2%), from €15,279 to €158,929
- Debts after one year -€80,406
down €80,406 (-10.8%), from €744,947 to €664,540
- Other debts -€58,084
no longer reported in 2025 (was €58,084)
- Gross operating margin -€46,279
down €46,279 (-19.7%), from €234,905 to €188,626
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 | €910,660 | €921,240 | +€10,580 | +1.2% |
| Fixed assets | 21/28 | €901,649 | €875,471 | -€26,177 | -2.9% |
| Tangible fixed assets | 22/27 | €901,649 | €875,471 | -€26,177 | -2.9% |
| Land and buildings | 22 | €901,649 | €875,471 | -€26,177 | -2.9% |
| Current assets | 29/58 | €9,011 | €45,769 | +€36,757 | +407.9% |
| Amounts receivable within one year | 40/41 | - | €28,224 | +€28,224 | |
| Trade receivables | 40 | - | €28,224 | +€28,224 | |
| Cash at bank and in hand | 54/58 | €7,225 | €17,524 | +€10,299 | +142.5% |
| Deferred charges and accrued income | 490/1 | €1,786 | €21 | -€1,765 | -98.8% |
| Total equity and liabilities | 10/49 | €910,660 | €921,240 | +€10,580 | +1.2% |
| Equity | 10/15 | €40,279 | €183,929 | +€143,650 | +356.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,279 | €158,929 | +€143,650 | +940.2% |
| Amounts payable | 17/49 | €870,381 | €737,311 | -€133,070 | -15.3% |
| Amounts payable after more than one year | 17 | €744,947 | €664,540 | -€80,406 | -10.8% |
| Financial debts | 170/4 | €744,947 | €664,540 | -€80,406 | -10.8% |
| Amounts payable within one year | 42/48 | €125,249 | €72,758 | -€52,490 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €56,421 | €57,282 | +€861 | +1.5% |
| Trade debts | 44 | €1,816 | €1,607 | -€209 | -11.5% |
| Suppliers | 440/4 | €1,816 | €1,607 | -€209 | -11.5% |
| Taxes, remuneration and social security | 45 | €8,927 | €13,869 | +€4,942 | +55.4% |
| Taxes | 450/3 | €8,927 | €13,869 | +€4,942 | +55.4% |
| Other amounts payable | 47/48 | €58,084 | - | -€58,084 | |
| Accrued charges and deferred income | 492/3 | €186 | €13 | -€173 | -93.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,177 | €26,177 | = | 0.0% |
| Other operating charges | 640/8 | €5,176 | €5,508 | +€333 | +6.4% |
| Gross operating margin | 9900 | €234,905 | €188,626 | -€46,279 | -19.7% |
| Operating profit (loss) | 9901 | €203,552 | €156,940 | -€46,612 | -22.9% |
| Financial charges | 65/66B | €13,104 | €13,290 | +€186 | +1.4% |
| Recurring financial charges | 65 | €13,104 | €13,290 | +€186 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €190,448 | €143,650 | -€46,798 | -24.6% |
| Profit (loss) for the period | 9904 | €190,448 | €143,650 | -€46,798 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €190,448 | €143,650 | -€46,798 | -24.6% |
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 7 October 2026 via checked.be.