MiLoCorp: 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.
MiLoCorp
Largest movements
- Cash +€114,956
up €114,956 (+297.5%), from €38,644 to €153,600
mainly Net result for the year (+€167,629) and Receivables within one year (+€11,316)
- Receivables within one year -€11,316
down €11,316 (-60.5%), from €18,719 to €7,403
of which Trade receivables: -€18,719
- Tangible fixed assets +€2,086
new in 2025: €2,086
- Profit (loss) carried forward +€167,629
up €167,629 (+54.4%), from -€308,184 to -€140,555
- Other debts -€32,386
no longer reported in 2025 (was €32,386)
- Debts after one year -€25,000
down €25,000 (-8.6%), from €291,547 to €266,547
- Tax, wage and social debts -€4,673
down €4,673 (-21.7%), from €21,566 to €16,893
- Gross operating margin +€180,077
up €180,077 (+372.1%), from €48,395 to €228,472
- Taxes +€45,886
up €45,886 (+355.5%), from €12,909 to €58,795
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 | €57,363 | €163,089 | +€105,726 | +184.3% |
| Fixed assets | 21/28 | - | €2,086 | +€2,086 | |
| Tangible fixed assets | 22/27 | - | €2,086 | +€2,086 | |
| Furniture and vehicles | 24 | - | €2,086 | +€2,086 | |
| Current assets | 29/58 | €57,363 | €161,003 | +€103,640 | +180.7% |
| Amounts receivable within one year | 40/41 | €18,719 | €7,403 | -€11,316 | -60.5% |
| Trade receivables | 40 | €18,719 | - | -€18,719 | |
| Other amounts receivable | 41 | - | €7,403 | +€7,403 | |
| Cash at bank and in hand | 54/58 | €38,644 | €153,600 | +€114,956 | +297.5% |
| Total equity and liabilities | 10/49 | €57,363 | €163,089 | +€105,726 | +184.3% |
| Equity | 10/15 | -€289,584 | -€121,955 | +€167,629 | +57.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€308,184 | -€140,555 | +€167,629 | +54.4% |
| Amounts payable | 17/49 | €346,947 | €285,044 | -€61,903 | -17.8% |
| Amounts payable after more than one year | 17 | €291,547 | €266,547 | -€25,000 | -8.6% |
| Other amounts payable | 178/9 | €291,547 | €266,547 | -€25,000 | -8.6% |
| Amounts payable within one year | 42/48 | €55,400 | €18,428 | -€36,972 | -66.7% |
| Trade debts | 44 | €1,448 | €1,535 | +€87 | +6.0% |
| Suppliers | 440/4 | €1,448 | €1,535 | +€87 | +6.0% |
| Taxes, remuneration and social security | 45 | €21,566 | €16,893 | -€4,673 | -21.7% |
| Taxes | 450/3 | €21,566 | €16,893 | -€4,673 | -21.7% |
| Other amounts payable | 47/48 | €32,386 | - | -€32,386 | |
| Accrued charges and deferred income | 492/3 | - | €69 | +€69 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €405 | +€405 | |
| Other operating charges | 640/8 | €815 | €1,023 | +€208 | +25.5% |
| Gross operating margin | 9900 | €48,395 | €228,472 | +€180,077 | +372.1% |
| Operating profit (loss) | 9901 | €47,580 | €227,044 | +€179,464 | +377.2% |
| Financial income | 75/76B | - | €246 | +€246 | |
| Recurring financial income | 75 | - | €246 | +€246 | |
| Financial charges | 65/66B | €69 | €866 | +€797 | +1155.1% |
| Recurring financial charges | 65 | €69 | €866 | +€797 | +1155.1% |
| Profit (loss) for the period before taxes | 9903 | €47,511 | €226,424 | +€178,913 | +376.6% |
| Income taxes | 67/77 | €12,909 | €58,795 | +€45,886 | +355.5% |
| Profit (loss) for the period | 9904 | €34,602 | €167,629 | +€133,027 | +384.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,602 | €167,629 | +€133,027 | +384.4% |
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 4 October 2026 via checked.be.