MILO PRESS: 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.
MILO PRESS
Largest movements
- Cash -€6,735
down €6,735 (-12.1%), from €55,634 to €48,899
mainly Investment in fixed assets (net) (-€22,183) and Contributions, distributions and other (-€15,849)
- Stocks and contracts +€5,061
up €5,061 (+8.6%), from €59,117 to €64,178
- Tangible fixed assets +€4,240
up €4,240 (+2.2%), from €190,150 to €194,391
of which Plant, machinery and equipment: +€5,742
- Debts after one year -€10,141
down €10,141 (-21.2%), from €47,884 to €37,743
- Trade debts +€6,424
up €6,424 (+53.1%), from €12,093 to €18,517
- Gross operating margin +€13,244
up €13,244 (+26.3%), from €50,412 to €63,656
- Staff costs +€12,526
up €12,526 (+1522.2%), from €823 to €13,349
- Depreciation +€1,940
up €1,940 (+12.1%), from €16,003 to €17,942
- Taxes +€1,545
up €1,545 (+24.8%), from €6,228 to €7,774
- Other operating charges +€683
up €683 (+24.2%), from €2,826 to €3,509
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 | €339,682 | €340,371 | +€689 | +0.2% |
| Fixed assets | 21/28 | €190,150 | €194,391 | +€4,240 | +2.2% |
| Tangible fixed assets | 22/27 | €190,150 | €194,391 | +€4,240 | +2.2% |
| Land and buildings | 22 | €188,807 | €187,306 | -€1,501 | -0.8% |
| Plant, machinery and equipment | 23 | €1,343 | €7,085 | +€5,742 | +427.5% |
| Current assets | 29/58 | €149,532 | €145,981 | -€3,551 | -2.4% |
| Stocks and contracts in progress | 3 | €59,117 | €64,178 | +€5,061 | +8.6% |
| Stocks | 30/36 | €59,117 | €64,178 | +€5,061 | +8.6% |
| Amounts receivable within one year | 40/41 | €34,781 | €32,903 | -€1,877 | -5.4% |
| Trade receivables | 40 | €26,407 | €23,051 | -€3,356 | -12.7% |
| Other amounts receivable | 41 | €8,374 | €9,852 | +€1,479 | +17.7% |
| Cash at bank and in hand | 54/58 | €55,634 | €48,899 | -€6,735 | -12.1% |
| Total equity and liabilities | 10/49 | €339,682 | €340,371 | +€689 | +0.2% |
| Equity | 10/15 | €258,180 | €260,202 | +€2,022 | +0.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €237,720 | €239,742 | +€2,022 | +0.9% |
| Distributable reserves | 133 | €237,720 | €239,742 | +€2,022 | +0.9% |
| Amounts payable | 17/49 | €81,502 | €80,169 | -€1,333 | -1.6% |
| Amounts payable after more than one year | 17 | €47,884 | €37,743 | -€10,141 | -21.2% |
| Financial debts | 170/4 | €47,884 | €37,743 | -€10,141 | -21.2% |
| Amounts payable within one year | 42/48 | €32,711 | €41,519 | +€8,809 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €9,975 | €10,141 | +€166 | +1.7% |
| Trade debts | 44 | €12,093 | €18,517 | +€6,424 | +53.1% |
| Suppliers | 440/4 | €12,093 | €18,517 | +€6,424 | +53.1% |
| Taxes, remuneration and social security | 45 | €2,515 | €5,227 | +€2,712 | +107.8% |
| Taxes | 450/3 | €2,515 | €1,941 | -€574 | -22.8% |
| Remuneration and social security | 454/9 | - | €3,286 | +€3,286 | |
| Other amounts payable | 47/48 | €8,127 | €7,634 | -€493 | -6.1% |
| Accrued charges and deferred income | 492/3 | €907 | €907 | -€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €823 | €13,349 | +€12,526 | +1522.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,003 | €17,942 | +€1,940 | +12.1% |
| Other operating charges | 640/8 | €2,826 | €3,509 | +€683 | +24.2% |
| Gross operating margin | 9900 | €50,412 | €63,656 | +€13,244 | +26.3% |
| Operating profit (loss) | 9901 | €30,761 | €28,856 | -€1,904 | -6.2% |
| Financial income | 75/76B | €329 | €440 | +€111 | +33.8% |
| Recurring financial income | 75 | €329 | €440 | +€111 | +33.8% |
| Financial charges | 65/66B | €3,250 | €3,653 | +€403 | +12.4% |
| Recurring financial charges | 65 | €3,250 | €3,653 | +€403 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €27,840 | €25,644 | -€2,196 | -7.9% |
| Income taxes | 67/77 | €6,228 | €7,774 | +€1,545 | +24.8% |
| Profit (loss) for the period | 9904 | €21,611 | €17,870 | -€3,741 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,611 | €17,870 | -€3,741 | -17.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.