MILLOMER: 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.
MILLOMER
Largest movements
- Receivables within one year -€197,214
down €197,214 (-23.9%), from €825,918 to €628,704
of which Other amounts receivable: -€283,364
- Cash -€77,312
down €77,312 (-75.3%), from €102,609 to €25,297
mainly Contributions, distributions and other (-€180,000) and Current portion of long-term debt (-€108,029)
- Tangible fixed assets +€36,505
up €36,505 (+54.3%), from €67,279 to €103,784
of which Furniture and vehicles: +€39,125
- Stocks and contracts +€27,250
new in 2025: €27,250
- Current portion of long-term debt -€108,029
down €108,029 (-82.3%), from €131,265 to €23,236
- Profit (loss) carried forward -€94,857
down €94,857 (-41.9%), from €226,207 to €131,350
- Trade debts +€51,118
up €51,118 (+23.4%), from €218,199 to €269,318
- Tax, wage and social debts -€36,873
down €36,873 (-18.7%), from €197,069 to €160,196
of which Taxes: -€56,421
- Debts after one year -€23,236
down €23,236 (-58.8%), from €39,511 to €16,274
- Staff costs +€717,489
up €717,489 (+63.4%), from €1.1m to €1.8m
- Gross operating margin +€536,787
up €536,787 (+36.6%), from €1.5m to €2.0m
- Purchases and services -€334,686
no longer reported in 2025 (was €334,686)
- Taxes -€46,327
down €46,327 (-57.6%), from €80,449 to €34,122
- Financial charges -€32,482
down €32,482 (-80.5%), from €40,328 to €7,846
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 | €995,806 | €785,034 | -€210,771 | -21.2% |
| Fixed assets | 21/28 | €67,279 | €103,784 | +€36,505 | +54.3% |
| Tangible fixed assets | 22/27 | €67,279 | €103,784 | +€36,505 | +54.3% |
| Plant, machinery and equipment | 23 | €35,936 | €31,382 | -€4,554 | -12.7% |
| Furniture and vehicles | 24 | €31,343 | €70,468 | +€39,125 | +124.8% |
| Other tangible fixed assets | 26 | - | €1,934 | +€1,934 | |
| Current assets | 29/58 | €928,527 | €681,251 | -€247,276 | -26.6% |
| Stocks and contracts in progress | 3 | - | €27,250 | +€27,250 | |
| Stocks | 30/36 | - | €27,250 | +€27,250 | |
| Amounts receivable within one year | 40/41 | €825,918 | €628,704 | -€197,214 | -23.9% |
| Trade receivables | 40 | €447,969 | €534,119 | +€86,150 | +19.2% |
| Other amounts receivable | 41 | €377,949 | €94,585 | -€283,364 | -75.0% |
| Cash at bank and in hand | 54/58 | €102,609 | €25,297 | -€77,312 | -75.3% |
| Total equity and liabilities | 10/49 | €995,806 | €785,034 | -€210,771 | -21.2% |
| Equity | 10/15 | €234,267 | €139,410 | -€94,857 | -40.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,207 | €131,350 | -€94,857 | -41.9% |
| Amounts payable | 17/49 | €761,539 | €645,625 | -€115,914 | -15.2% |
| Amounts payable after more than one year | 17 | €39,511 | €16,274 | -€23,236 | -58.8% |
| Financial debts | 170/4 | €39,511 | €16,274 | -€23,236 | -58.8% |
| Amounts payable within one year | 42/48 | €546,534 | €452,750 | -€93,784 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €131,265 | €23,236 | -€108,029 | -82.3% |
| Trade debts | 44 | €218,199 | €269,318 | +€51,118 | +23.4% |
| Suppliers | 440/4 | €218,199 | €269,318 | +€51,118 | +23.4% |
| Taxes, remuneration and social security | 45 | €197,069 | €160,196 | -€36,873 | -18.7% |
| Taxes | 450/3 | €175,832 | €119,412 | -€56,421 | -32.1% |
| Remuneration and social security | 454/9 | €21,237 | €40,785 | +€19,548 | +92.0% |
| Accrued charges and deferred income | 492/3 | €175,494 | €176,600 | +€1,106 | +0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €334,686 | - | -€334,686 | |
| Remuneration, social security and pensions | 62 | €1,132,379 | €1,849,868 | +€717,489 | +63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,952 | €18,290 | -€662 | -3.5% |
| Other operating charges | 640/8 | €39,758 | €9,516 | -€30,241 | -76.1% |
| Non-recurring operating charges | 66A | €7,343 | - | -€7,343 | |
| Gross operating margin | 9900 | €1,467,998 | €2,004,785 | +€536,787 | +36.6% |
| Operating profit (loss) | 9901 | €269,566 | €127,110 | -€142,456 | -52.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -65.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -65.7% |
| Financial charges | 65/66B | €40,328 | €7,846 | -€32,482 | -80.5% |
| Recurring financial charges | 65 | €40,328 | €7,846 | -€32,482 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | €229,239 | €119,265 | -€109,974 | -48.0% |
| Income taxes | 67/77 | €80,449 | €34,122 | -€46,327 | -57.6% |
| Profit (loss) for the period | 9904 | €148,790 | €85,143 | -€63,647 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €148,790 | €85,143 | -€63,647 | -42.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.