MILLON INVEST: what changed
What changed
MILLON INVEST
NACE 68.321, Property management for co-owned buildings (syndics)
filed annual accounts (NBB)
Net result for the year
€65,413
2024 · €91,428-€26,015
Equity
€515,159
2024 · €449,746+€65,413
Cash
€83,013
2024 · €76,970+€6,043
Balance sheet total
€1.8m
2024 · €1.8m+€18,394
Largest movements
Assets
- Receivables within one year +€38,106
up €38,106 (+27.2%), from €139,895 to €178,001
of which Trade receivables: +€43,603
- Tangible fixed assets -€31,755
down €31,755 (-2.1%), from €1.5m to €1.5m
of which Land and buildings: -€25,063
Equity and liabilities
- Debts after one year -€69,409
down €69,409 (-12.8%), from €542,694 to €473,285
- Profit (loss) carried forward +€65,413
up €65,413 (+18.8%), from €348,772 to €414,185
- Tax, wage and social debts +€18,618
up €18,618 (+44.3%), from €41,995 to €60,613
of which Remuneration and social security: +€10,437
Income statement
- Staff costs +€17,243
up €17,243 (+35.0%), from €49,244 to €66,487
- Gross operating margin -€6,284
down €6,284 (-2.5%), from €249,345 to €243,061
- Depreciation +€5,854
up €5,854 (+22.6%), from €25,901 to €31,755
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.
Result 2024
€91,428
Gross operating margin
-€6,284
Staff costs
-€17,243
Depreciation
-€5,854
Other operating charges
-€705
Financial income
+€3
Financial charges
+€2,353
Taxes
+€1,715
Result 2025
€65,413
raises the resultlowers the result
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.
From operations
+€72,995
Investment
€0
Financing
-€66,952
Cash 2024
€76,970
From operations (derived)
+€72,995
Net result for the year
+€65,413
Depreciation
+€31,755
Receivables within one year
-€38,106
Deferred charges and accrued income
-€6,000
Trade debts
-€10,414
Tax, wage and social debts
+€18,618
Accrued charges and deferred income
+€11,729
Financing
-€66,952
Debts after one year
-€69,409
Current portion of long-term debt
+€2,457
Cash 2025
€83,013
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,764,849 | €1,783,243 | +€18,394 | +1.0% |
| Fixed assets | 21/28 | €1,543,985 | €1,512,230 | -€31,755 | -2.1% |
| Tangible fixed assets | 22/27 | €1,543,985 | €1,512,230 | -€31,755 | -2.1% |
| Land and buildings | 22 | €1,511,360 | €1,486,298 | -€25,063 | -1.7% |
| Plant, machinery and equipment | 23 | €32,624 | €25,932 | -€6,693 | -20.5% |
| Current assets | 29/58 | €220,864 | €271,013 | +€50,149 | +22.7% |
| Amounts receivable within one year | 40/41 | €139,895 | €178,001 | +€38,106 | +27.2% |
| Trade receivables | 40 | €134,397 | €178,001 | +€43,603 | +32.4% |
| Other amounts receivable | 41 | €5,497 | - | -€5,497 | |
| Cash at bank and in hand | 54/58 | €76,970 | €83,013 | +€6,043 | +7.9% |
| Deferred charges and accrued income | 490/1 | €4,000 | €10,000 | +€6,000 | +150% |
| Total equity and liabilities | 10/49 | €1,764,849 | €1,783,243 | +€18,394 | +1.0% |
| Equity | 10/15 | €449,746 | €515,159 | +€65,413 | +14.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €974 | €974 | = | 0.0% |
| Distributable reserves | 133 | €974 | €974 | = | 0.0% |
| Profit (loss) carried forward | 14 | €348,772 | €414,185 | +€65,413 | +18.8% |
| Amounts payable | 17/49 | €1,315,103 | €1,268,084 | -€47,019 | -3.6% |
| Amounts payable after more than one year | 17 | €542,694 | €473,285 | -€69,409 | -12.8% |
| Financial debts | 170/4 | €542,694 | €473,285 | -€69,409 | -12.8% |
| Amounts payable within one year | 42/48 | €705,943 | €716,605 | +€10,661 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €66,952 | €69,409 | +€2,457 | +3.7% |
| Trade debts | 44 | €10,558 | €145 | -€10,414 | -98.6% |
| Suppliers | 440/4 | €10,558 | €145 | -€10,414 | -98.6% |
| Taxes, remuneration and social security | 45 | €41,995 | €60,613 | +€18,618 | +44.3% |
| Taxes | 450/3 | €35,641 | €43,823 | +€8,181 | +23.0% |
| Remuneration and social security | 454/9 | €6,354 | €16,790 | +€10,437 | +164% |
| Other amounts payable | 47/48 | €586,438 | €586,438 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €66,466 | €78,194 | +€11,729 | +17.6% |
| Remuneration, social security and pensions | 62 | €49,244 | €66,487 | +€17,243 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,901 | €31,755 | +€5,854 | +22.6% |
| Other operating charges | 640/8 | €23,396 | €24,101 | +€705 | +3.0% |
| Gross operating margin | 9900 | €249,345 | €243,061 | -€6,284 | -2.5% |
| Operating profit (loss) | 9901 | €150,803 | €120,717 | -€30,086 | -20.0% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €35,159 | €32,806 | -€2,353 | -6.7% |
| Recurring financial charges | 65 | €35,159 | €32,806 | -€2,353 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €115,644 | €87,914 | -€27,730 | -24.0% |
| Income taxes | 67/77 | €24,216 | €22,501 | -€1,715 | -7.1% |
| Profit (loss) for the period | 9904 | €91,428 | €65,413 | -€26,015 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €91,428 | €65,413 | -€26,015 | -28.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.