MILLPLEDGE EUROPE: what changed
MILLPLEDGE EUROPE
Largest movements
- Receivables within one year +€184,580
up €184,580 (+79.5%), from €232,115 to €416,696
of which Trade receivables: +€193,543
- Intangible fixed assets +€103,590
up €103,590 (+73.8%), from €140,456 to €244,046
- Stocks and contracts +€46,158
up €46,158 (+16.1%), from €285,829 to €331,987
- Cash -€15,807
down €15,807 (-11.7%), from €135,299 to €119,491
mainly Receivables within one year (-€184,580) and Investment in fixed assets (net) (-€104,858)
- Other debts +€294,666
up €294,666 (+24.5%), from €1.2m to €1.5m
- Profit (loss) carried forward +€67,131
up €67,131 (+9.5%), from -€710,307 to -€643,175
- Trade debts -€35,265
down €35,265 (-19.6%), from €179,893 to €144,629
- Tax, wage and social debts -€15,908
down €15,908 (-21.8%), from €73,101 to €57,193
of which Remuneration and social security: -€20,448
- Gross operating margin +€537,076
up €537,076, from -€61,603 to €475,473
- Staff costs +€74,429
up €74,429 (+23.8%), from €313,198 to €387,627
- Depreciation -€16,465
down €16,465 (-56.9%), from €28,914 to €12,449
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €829,538 | €1,140,163 | +€310,625 | +37.4% |
| Fixed assets | 21/28 | €174,148 | €266,557 | +€92,409 | +53.1% |
| Intangible fixed assets | 21 | €140,456 | €244,046 | +€103,590 | +73.8% |
| Tangible fixed assets | 22/27 | €33,691 | €22,511 | -€11,181 | -33.2% |
| Plant, machinery and equipment | 23 | €33,691 | €22,511 | -€11,181 | -33.2% |
| Current assets | 29/58 | €655,391 | €873,606 | +€218,216 | +33.3% |
| Stocks and contracts in progress | 3 | €285,829 | €331,987 | +€46,158 | +16.1% |
| Stocks | 30/36 | €285,829 | €331,987 | +€46,158 | +16.1% |
| Amounts receivable within one year | 40/41 | €232,115 | €416,696 | +€184,580 | +79.5% |
| Trade receivables | 40 | €196,315 | €389,858 | +€193,543 | +98.6% |
| Other amounts receivable | 41 | €35,801 | €26,838 | -€8,963 | -25.0% |
| Cash at bank and in hand | 54/58 | €135,299 | €119,491 | -€15,807 | -11.7% |
| Deferred charges and accrued income | 490/1 | €2,148 | €5,432 | +€3,284 | +153% |
| Total equity and liabilities | 10/49 | €829,538 | €1,140,163 | +€310,625 | +37.4% |
| Equity | 10/15 | -€627,609 | -€560,477 | +€67,131 | +10.7% |
| Contributions | 10/11 | €82,698 | €82,698 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€710,307 | -€643,175 | +€67,131 | +9.5% |
| Amounts payable | 17/49 | €1,457,147 | €1,700,640 | +€243,493 | +16.7% |
| Amounts payable within one year | 42/48 | €1,457,147 | €1,700,640 | +€243,493 | +16.7% |
| Trade debts | 44 | €179,893 | €144,629 | -€35,265 | -19.6% |
| Suppliers | 440/4 | €179,893 | €144,629 | -€35,265 | -19.6% |
| Taxes, remuneration and social security | 45 | €73,101 | €57,193 | -€15,908 | -21.8% |
| Taxes | 450/3 | €8,642 | €13,181 | +€4,539 | +52.5% |
| Remuneration and social security | 454/9 | €64,459 | €44,011 | -€20,448 | -31.7% |
| Other amounts payable | 47/48 | €1,204,153 | €1,498,819 | +€294,666 | +24.5% |
| Non-recurring operating income | 76A | - | €31,111 | +€31,111 | |
| Remuneration, social security and pensions | 62 | €313,198 | €387,627 | +€74,429 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,914 | €12,449 | -€16,465 | -56.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,686 | €3,607 | -€1,078 | -23.0% |
| Other operating charges | 640/8 | €2,565 | €2,233 | -€333 | -13.0% |
| Gross operating margin | 9900 | -€61,603 | €475,473 | +€537,076 | |
| Operating profit (loss) | 9901 | -€410,966 | €69,558 | +€480,524 | |
| Financial income | 75/76B | €3,897 | €0 | -€3,897 | -100% |
| Recurring financial income | 75 | €3,897 | €0 | -€3,897 | -100% |
| Financial charges | 65/66B | €1,404 | €1,648 | +€244 | +17.4% |
| Recurring financial charges | 65 | €1,404 | €1,648 | +€244 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | -€408,473 | €67,909 | +€476,382 | |
| Income taxes | 67/77 | €532 | €778 | +€246 | +46.4% |
| Profit (loss) for the period | 9904 | -€409,004 | €67,131 | +€476,136 | |
| Profit (loss) for the period to be appropriated | 9905 | -€409,004 | €67,131 | +€476,136 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.