Miloco: 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.
Miloco
Largest movements
- Cash +€50,006
up €50,006 (+155.0%), from €32,254 to €82,260
mainly Other debts (+€34,780) and Depreciation (+€30,729)
- Tangible fixed assets -€30,729
down €30,729 (-24.0%), from €127,940 to €97,211
of which Furniture and vehicles: -€16,621
- Receivables within one year -€9,540
down €9,540 (-29.6%), from €32,276 to €22,736
of which Trade receivables: -€5,232
- Stocks and contracts +€6,500
new in 2025: €6,500
- Other debts +€34,780
up €34,780 (+106.9%), from €32,548 to €67,327
- Short-term financial debts -€32,637
down €32,637 (-57.7%), from €56,571 to €23,933
- Reserves +€15,599
up €15,599 (+31.2%), from €49,927 to €65,526
- Debts after one year +€9,356
up €9,356 (+40.2%), from €23,282 to €32,637
- Trade debts -€5,955
down €5,955 (-74.4%), from €8,001 to €2,046
- Depreciation +€11,153
up €11,153 (+57.0%), from €19,575 to €30,729
- Gross operating margin -€10,020
down €10,020 (-14.1%), from €70,826 to €60,807
- Taxes -€5,486
down €5,486 (-45.2%), from €12,142 to €6,657
- Financial charges +€3,016
up €3,016 (+68.4%), from €4,409 to €7,424
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 | €192,470 | €208,707 | +€16,237 | +8.4% |
| Fixed assets | 21/28 | €127,940 | €97,211 | -€30,729 | -24.0% |
| Tangible fixed assets | 22/27 | €127,940 | €97,211 | -€30,729 | -24.0% |
| Land and buildings | 22 | €2,451 | €2,192 | -€260 | -10.6% |
| Plant, machinery and equipment | 23 | €60,028 | €46,181 | -€13,847 | -23.1% |
| Furniture and vehicles | 24 | €65,460 | €48,839 | -€16,621 | -25.4% |
| Current assets | 29/58 | €64,530 | €111,496 | +€46,965 | +72.8% |
| Stocks and contracts in progress | 3 | - | €6,500 | +€6,500 | |
| Contracts in progress | 37 | - | €6,500 | +€6,500 | |
| Amounts receivable within one year | 40/41 | €32,276 | €22,736 | -€9,540 | -29.6% |
| Trade receivables | 40 | €27,968 | €22,736 | -€5,232 | -18.7% |
| Other amounts receivable | 41 | €4,308 | - | -€4,308 | |
| Cash at bank and in hand | 54/58 | €32,254 | €82,260 | +€50,006 | +155.0% |
| Total equity and liabilities | 10/49 | €192,470 | €208,707 | +€16,237 | +8.4% |
| Equity | 10/15 | €59,927 | €75,526 | +€15,599 | +26.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €49,927 | €65,526 | +€15,599 | +31.2% |
| Distributable reserves | 133 | €49,927 | €65,526 | +€15,599 | +31.2% |
| Amounts payable | 17/49 | €132,544 | €133,182 | +€638 | +0.5% |
| Amounts payable after more than one year | 17 | €23,282 | €32,637 | +€9,356 | +40.2% |
| Financial debts | 170/4 | €23,282 | €32,637 | +€9,356 | +40.2% |
| Amounts payable within one year | 42/48 | €109,262 | €100,544 | -€8,718 | -8.0% |
| Financial debts | 43 | €56,571 | €23,933 | -€32,637 | -57.7% |
| Credit institutions | 430/8 | €56,571 | €23,933 | -€32,637 | -57.7% |
| Trade debts | 44 | €8,001 | €2,046 | -€5,955 | -74.4% |
| Suppliers | 440/4 | €8,001 | €2,046 | -€5,955 | -74.4% |
| Taxes, remuneration and social security | 45 | €12,142 | €7,237 | -€4,905 | -40.4% |
| Taxes | 450/3 | €12,142 | €7,237 | -€4,905 | -40.4% |
| Other amounts payable | 47/48 | €32,548 | €67,327 | +€34,780 | +106.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,575 | €30,729 | +€11,153 | +57.0% |
| Other operating charges | 640/8 | €258 | €398 | +€140 | +54.4% |
| Gross operating margin | 9900 | €70,826 | €60,807 | -€10,020 | -14.1% |
| Operating profit (loss) | 9901 | €50,993 | €29,680 | -€21,313 | -41.8% |
| Financial income | 75/76B | €205 | - | -€205 | |
| Recurring financial income | 75 | €205 | - | -€205 | |
| Financial charges | 65/66B | €4,409 | €7,424 | +€3,016 | +68.4% |
| Recurring financial charges | 65 | €4,409 | €7,424 | +€3,016 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | €46,790 | €22,255 | -€24,534 | -52.4% |
| Income taxes | 67/77 | €12,142 | €6,657 | -€5,486 | -45.2% |
| Profit (loss) for the period | 9904 | €34,647 | €15,599 | -€19,048 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,647 | €15,599 | -€19,048 | -55.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.