MILLOEN K.: 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.
MILLOEN K.
Largest movements
- Tangible fixed assets +€58,425
up €58,425 (+192.4%), from €30,360 to €88,785
of which Furniture and vehicles: +€65,795
- Receivables within one year -€22,056
down €22,056 (-53.6%), from €41,174 to €19,118
of which Trade receivables: -€23,900
- Cash +€5,087
up €5,087 (+207.3%), from €2,454 to €7,542
mainly Debts after one year (+€55,000) and Receivables within one year (+€22,056)
- Debts after one year +€55,000
new in 2024: €55,000
- Tax, wage and social debts -€15,583
down €15,583 (-92.2%), from €16,910 to €1,327
of which Remuneration and social security: -€9,000
- Reserves +€1,622
up €1,622 (+3.6%), from €45,016 to €46,638
of which Distributable reserves: +€3,482
- Other debts +€1,556
up €1,556 (+1223.4%), from €127 to €1,683
- Gross operating margin +€6,349
up €6,349 (+47.9%), from €13,265 to €19,614
- Depreciation +€2,650
up €2,650 (+18.4%), from €14,393 to €17,044
- Taxes -€937
no longer reported in 2024 (was €937)
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 | €75,188 | €117,729 | +€42,542 | +56.6% |
| Fixed assets | 21/28 | €30,360 | €88,785 | +€58,425 | +192.4% |
| Tangible fixed assets | 22/27 | €30,360 | €88,785 | +€58,425 | +192.4% |
| Plant, machinery and equipment | 23 | €22,610 | €15,240 | -€7,370 | -32.6% |
| Furniture and vehicles | 24 | €7,750 | €73,544 | +€65,795 | +849.0% |
| Current assets | 29/58 | €44,828 | €28,945 | -€15,883 | -35.4% |
| Amounts receivable within one year | 40/41 | €41,174 | €19,118 | -€22,056 | -53.6% |
| Trade receivables | 40 | €41,174 | €17,274 | -€23,900 | -58.0% |
| Other amounts receivable | 41 | - | €1,844 | +€1,844 | |
| Cash at bank and in hand | 54/58 | €2,454 | €7,542 | +€5,087 | +207.3% |
| Deferred charges and accrued income | 490/1 | €1,200 | €2,285 | +€1,085 | +90.4% |
| Total equity and liabilities | 10/49 | €75,188 | €117,729 | +€42,542 | +56.6% |
| Equity | 10/15 | €57,416 | €59,038 | +€1,622 | +2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €45,016 | €46,638 | +€1,622 | +3.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €43,156 | €46,638 | +€3,482 | +8.1% |
| Amounts payable | 17/49 | €17,771 | €58,691 | +€40,920 | +230.3% |
| Amounts payable after more than one year | 17 | - | €55,000 | +€55,000 | |
| Financial debts | 170/4 | - | €55,000 | +€55,000 | |
| Amounts payable within one year | 42/48 | €17,226 | €3,123 | -€14,103 | -81.9% |
| Trade debts | 44 | €188 | €113 | -€75 | -40.1% |
| Suppliers | 440/4 | €188 | €113 | -€75 | -40.1% |
| Taxes, remuneration and social security | 45 | €16,910 | €1,327 | -€15,583 | -92.2% |
| Taxes | 450/3 | €7,910 | €1,327 | -€6,583 | -83.2% |
| Remuneration and social security | 454/9 | €9,000 | - | -€9,000 | |
| Other amounts payable | 47/48 | €127 | €1,683 | +€1,556 | +1223.4% |
| Accrued charges and deferred income | 492/3 | €545 | €568 | +€23 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,393 | €17,044 | +€2,650 | +18.4% |
| Other operating charges | 640/8 | €858 | €738 | -€120 | -14.0% |
| Gross operating margin | 9900 | €13,265 | €19,614 | +€6,349 | +47.9% |
| Operating profit (loss) | 9901 | -€1,986 | €1,833 | +€3,819 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +3033.3% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +3033.3% |
| Financial charges | 65/66B | €208 | €213 | +€5 | +2.2% |
| Recurring financial charges | 65 | €208 | €213 | +€5 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,195 | €1,622 | +€3,816 | |
| Income taxes | 67/77 | €937 | - | -€937 | |
| Profit (loss) for the period | 9904 | -€3,131 | €1,622 | +€4,753 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,131 | €1,622 | +€4,753 |
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 29 September 2026 via checked.be.