MILLIWAYS: what changed
MILLIWAYS
Largest movements
- Cash -€7,294
down €7,294 (-7.8%), from €93,078 to €85,783
mainly Net result for the year (-€12,827)
- Receivables within one year -€2,458
down €2,458 (-4.1%), from €59,314 to €56,856
of which Trade receivables: -€2,117
- Profit (loss) carried forward -€12,827
new in 2025: -€12,827
- Tax, wage and social debts +€2,050
up €2,050 (+52.7%), from €3,889 to €5,939
of which Taxes: +€2,032
- Gross operating margin -€12,138
down €12,138 (-5,961%), from -€204 to -€12,341
- Taxes +€1,286
up €1,286, from -€990 to €296
- Other operating charges -€318
down €318 (-38.6%), from €824 to €506
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,002 | €143,415 | -€10,587 | -6.9% |
| Fixed assets | 21/28 | €48 | €48 | = | 0.0% |
| Financial fixed assets | 28 | €48 | €48 | = | 0.0% |
| Current assets | 29/58 | €153,955 | €143,367 | -€10,587 | -6.9% |
| Amounts receivable within one year | 40/41 | €59,314 | €56,856 | -€2,458 | -4.1% |
| Trade receivables | 40 | €58,973 | €56,856 | -€2,117 | -3.6% |
| Other amounts receivable | 41 | €341 | - | -€341 | |
| Cash at bank and in hand | 54/58 | €93,078 | €85,783 | -€7,294 | -7.8% |
| Deferred charges and accrued income | 490/1 | €1,564 | €728 | -€835 | -53.4% |
| Total equity and liabilities | 10/49 | €154,002 | €143,415 | -€10,587 | -6.9% |
| Equity | 10/15 | €141,833 | €129,006 | -€12,827 | -9.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €129,333 | €129,333 | = | 0.0% |
| Distributable reserves | 133 | €129,333 | €129,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,827 | -€12,827 | |
| Amounts payable | 17/49 | €12,169 | €14,409 | +€2,240 | +18.4% |
| Amounts payable within one year | 42/48 | €11,594 | €13,834 | +€2,240 | +19.3% |
| Trade debts | 44 | €1,151 | €1,319 | +€168 | +14.6% |
| Suppliers | 440/4 | €1,151 | €1,319 | +€168 | +14.6% |
| Taxes, remuneration and social security | 45 | €3,889 | €5,939 | +€2,050 | +52.7% |
| Taxes | 450/3 | €1,576 | €3,609 | +€2,032 | +129% |
| Remuneration and social security | 454/9 | €2,313 | €2,331 | +€18 | +0.8% |
| Other amounts payable | 47/48 | €6,554 | €6,575 | +€22 | +0.3% |
| Accrued charges and deferred income | 492/3 | €575 | €575 | = | 0.0% |
| Other operating charges | 640/8 | €824 | €506 | -€318 | -38.6% |
| Gross operating margin | 9900 | -€204 | -€12,341 | -€12,138 | -5,961% |
| Operating profit (loss) | 9901 | -€1,028 | -€12,847 | -€11,819 | -1,150% |
| Financial income | 75/76B | €429 | €489 | +€59 | +13.9% |
| Recurring financial income | 75 | €429 | €489 | +€59 | +13.9% |
| Financial charges | 65/66B | €174 | €172 | -€1 | -0.8% |
| Recurring financial charges | 65 | €174 | €172 | -€1 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€773 | -€12,531 | -€11,759 | -1,522% |
| Income taxes | 67/77 | -€990 | €296 | +€1,286 | |
| Profit (loss) for the period | 9904 | €217 | -€12,827 | -€13,044 | |
| Profit (loss) for the period to be appropriated | 9905 | €217 | -€12,827 | -€13,044 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.