Milloma: 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.
Milloma
Largest movements
- Stocks and contracts -€6,576
down €6,576 (-22.8%), from €28,852 to €22,275
- Receivables within one year +€1,930
up €1,930 (+927.2%), from €208 to €2,139
- Tangible fixed assets -€750
down €750 (-21.7%), from €3,448 to €2,699
of which Plant, machinery and equipment: -€571
- Cash -€394
down €394 (-95.8%), from €411 to €17
mainly Other debts (-€9,811) and Trade debts (-€2,228)
- Other debts -€9,811
down €9,811 (-42.6%), from €23,047 to €13,236
- Debts after one year +€4,000
new in 2026: €4,000
- Profit (loss) carried forward +€3,989
up €3,989 (+27.7%), from -€14,396 to -€10,408
- Trade debts -€2,228
down €2,228 (-86.6%), from €2,573 to €346
- Tax, wage and social debts -€1,446
no longer reported in 2026 (was €1,446)
- Financial charges +€1,084
up €1,084 (+382.6%), from €283 to €1,368
- Gross operating margin +€987
up €987 (+16.5%), from €5,992 to €6,980
- Depreciation -€479
down €479 (-28.3%), from €1,690 to €1,212
- Other operating charges +€270
up €270 (+185.2%), from €146 to €416
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,920 | €27,174 | -€5,746 | -17.5% |
| Fixed assets | 21/28 | €3,448 | €2,699 | -€750 | -21.7% |
| Tangible fixed assets | 22/27 | €3,448 | €2,699 | -€750 | -21.7% |
| Plant, machinery and equipment | 23 | €1,696 | €1,124 | -€571 | -33.7% |
| Furniture and vehicles | 24 | €1,753 | €1,575 | -€178 | -10.2% |
| Current assets | 29/58 | €29,471 | €24,475 | -€4,996 | -17.0% |
| Stocks and contracts in progress | 3 | €28,852 | €22,275 | -€6,576 | -22.8% |
| Stocks | 30/36 | €28,852 | €22,275 | -€6,576 | -22.8% |
| Amounts receivable within one year | 40/41 | €208 | €2,139 | +€1,930 | +927.2% |
| Trade receivables | 40 | €208 | €2,139 | +€1,930 | +927.2% |
| Cash at bank and in hand | 54/58 | €411 | €17 | -€394 | -95.8% |
| Deferred charges and accrued income | 490/1 | - | €44 | +€44 | |
| Total equity and liabilities | 10/49 | €32,920 | €27,174 | -€5,746 | -17.5% |
| Equity | 10/15 | €5,604 | €9,592 | +€3,989 | +71.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,396 | -€10,408 | +€3,989 | +27.7% |
| Amounts payable | 17/49 | €27,316 | €17,582 | -€9,734 | -35.6% |
| Amounts payable after more than one year | 17 | - | €4,000 | +€4,000 | |
| Financial debts | 170/4 | - | €4,000 | +€4,000 | |
| Amounts payable within one year | 42/48 | €27,066 | €13,582 | -€13,484 | -49.8% |
| Trade debts | 44 | €2,573 | €346 | -€2,228 | -86.6% |
| Suppliers | 440/4 | €2,573 | €346 | -€2,228 | -86.6% |
| Taxes, remuneration and social security | 45 | €1,446 | - | -€1,446 | |
| Taxes | 450/3 | €1,446 | - | -€1,446 | |
| Other amounts payable | 47/48 | €23,047 | €13,236 | -€9,811 | -42.6% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,690 | €1,212 | -€479 | -28.3% |
| Other operating charges | 640/8 | €146 | €416 | +€270 | +185.2% |
| Gross operating margin | 9900 | €5,992 | €6,980 | +€987 | +16.5% |
| Operating profit (loss) | 9901 | €4,156 | €5,352 | +€1,195 | +28.8% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €283 | €1,368 | +€1,084 | +382.6% |
| Recurring financial charges | 65 | €283 | €1,368 | +€1,084 | +382.6% |
| Profit (loss) for the period before taxes | 9903 | €3,873 | €3,989 | +€116 | +3.0% |
| Profit (loss) for the period | 9904 | €3,873 | €3,989 | +€116 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,873 | €3,989 | +€116 | +3.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.