MILO MAIO EVENTS: what changed
Two financial 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.
MILO MAIO EVENTS
Largest movements
- Cash -€5,188
down €5,188 (-30.2%), from €17,192 to €12,004
mainly Receivables within one year (-€4,390) and Net result for the year (-€3,954)
- Receivables within one year +€4,390
up €4,390 (+333%), from €1,319 to €5,709
of which Trade receivables: +€4,390
- Tangible fixed assets -€2,930
down €2,930 (-38.5%), from €7,608 to €4,678
of which Furniture and vehicles: -€2,024
- Profit (loss) carried forward -€3,954
down €3,954 (-56.2%), from €7,040 to €3,086
- Tax, wage and social debts +€334
up €334 (+11.2%), from €2,982 to €3,316
of which Taxes: +€916
- Other debts -€315
down €315 (-5.2%), from €6,033 to €5,719
- Turnover +€113,258
up €113,258, from €0 to €113,258
- Purchases and services +€112,109
up €112,109, from €0 to €112,109
- Gross operating margin -€9,876
down €9,876 (-58.5%), from €16,894 to €7,018
- Depreciation -€2,778
down €2,778 (-48.7%), from €5,708 to €2,930
- Taxes +€1,547
up €1,547 (+1,106%), from €140 to €1,687
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.
Derived cash bridge
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 | €27,707 | €23,874 | -€3,832 | -13.8% |
| Fixed assets | 21/28 | €7,608 | €4,678 | -€2,930 | -38.5% |
| Tangible fixed assets | 22/27 | €7,608 | €4,678 | -€2,930 | -38.5% |
| Plant, machinery and equipment | 23 | €5,584 | €4,678 | -€906 | -16.2% |
| Furniture and vehicles | 24 | €2,024 | €0 | -€2,024 | -100% |
| Current assets | 29/58 | €20,099 | €19,197 | -€902 | -4.5% |
| Stocks and contracts in progress | 3 | €296 | €446 | +€150 | +50.8% |
| Stocks | 30/36 | €296 | €446 | +€150 | +50.8% |
| Amounts receivable within one year | 40/41 | €1,319 | €5,709 | +€4,390 | +333% |
| Trade receivables | 40 | €1,319 | €5,709 | +€4,390 | +333% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €17,192 | €12,004 | -€5,188 | -30.2% |
| Deferred charges and accrued income | 490/1 | €1,292 | €1,038 | -€254 | -19.7% |
| Total equity and liabilities | 10/49 | €27,707 | €23,874 | -€3,832 | -13.8% |
| Equity | 10/15 | €16,916 | €12,962 | -€3,954 | -23.4% |
| Contributions | 10/11 | €9,776 | €9,776 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,040 | €3,086 | -€3,954 | -56.2% |
| Amounts payable | 17/49 | €10,790 | €10,912 | +€122 | +1.1% |
| Amounts payable within one year | 42/48 | €10,790 | €10,912 | +€122 | +1.1% |
| Trade debts | 44 | €1,775 | €1,878 | +€103 | +5.8% |
| Suppliers | 440/4 | €1,775 | €1,878 | +€103 | +5.8% |
| Taxes, remuneration and social security | 45 | €2,982 | €3,316 | +€334 | +11.2% |
| Taxes | 450/3 | €2,400 | €3,316 | +€916 | +38.2% |
| Remuneration and social security | 454/9 | €582 | €0 | -€582 | -100% |
| Other amounts payable | 47/48 | €6,033 | €5,719 | -€315 | -5.2% |
| Turnover | 70 | €0 | €113,258 | +€113,258 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €112,109 | +€112,109 | |
| Remuneration, social security and pensions | 62 | €6,224 | €5,703 | -€521 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,708 | €2,930 | -€2,778 | -48.7% |
| Other operating charges | 640/8 | €577 | €418 | -€159 | -27.6% |
| Gross operating margin | 9900 | €16,894 | €7,018 | -€9,876 | -58.5% |
| Operating profit (loss) | 9901 | €4,385 | -€2,033 | -€6,418 | |
| Financial income | 75/76B | €292 | €1 | -€291 | -99.7% |
| Recurring financial income | 75 | €292 | €1 | -€291 | -99.7% |
| Financial charges | 65/66B | €710 | €235 | -€475 | -66.9% |
| Recurring financial charges | 65 | €710 | €235 | -€475 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €3,967 | -€2,267 | -€6,234 | |
| Income taxes | 67/77 | €140 | €1,687 | +€1,547 | +1,106% |
| Profit (loss) for the period | 9904 | €3,827 | -€3,954 | -€7,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,827 | -€3,954 | -€7,782 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.