MILYCOM: 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.
MILYCOM
Largest movements
- Receivables within one year -€13,874
down €13,874 (-83.5%), from €16,611 to €2,737
of which Trade receivables: -€7,580
- Cash +€11,891
up €11,891 (+816.5%), from €1,456 to €13,348
mainly Net result for the year (+€15,017) and Receivables within one year (+€13,874)
- Tangible fixed assets -€2,899
down €2,899 (-11.3%), from €25,670 to €22,771
- Other debts -€18,302
down €18,302 (-60.5%), from €30,261 to €11,959
- Reserves +€15,017
up €15,017 (+144.8%), from €10,371 to €25,389
- Debts after one year -€11,217
down €11,217 (-39.5%), from €28,377 to €17,160
- Tax, wage and social debts +€9,408
up €9,408 (+512.3%), from €1,836 to €11,245
- Trade debts -€1,753
down €1,753 (-32.1%), from €5,467 to €3,714
- Gross operating margin +€42,128
up €42,128, from -€6,658 to €35,470
- Taxes +€3,706
up €3,706 (+769.4%), from €482 to €4,188
- Depreciation +€3,137
up €3,137 (+83.4%), from €3,762 to €6,899
- Other operating charges -€2,827
down €2,827 (-53.1%), from €5,329 to €2,502
- Financial charges +€382
up €382 (+5.9%), from €6,482 to €6,864
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 | €96,737 | €91,938 | -€4,799 | -5.0% |
| Fixed assets | 21/28 | €25,670 | €22,771 | -€2,899 | -11.3% |
| Tangible fixed assets | 22/27 | €25,670 | €22,771 | -€2,899 | -11.3% |
| Furniture and vehicles | 24 | €25,670 | €22,771 | -€2,899 | -11.3% |
| Current assets | 29/58 | €71,067 | €69,167 | -€1,900 | -2.7% |
| Amounts receivable after more than one year | 29 | €53,000 | €53,000 | = | 0.0% |
| Other amounts receivable | 291 | €53,000 | €53,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,611 | €2,737 | -€13,874 | -83.5% |
| Trade receivables | 40 | €9,680 | €2,100 | -€7,580 | -78.3% |
| Other amounts receivable | 41 | €6,931 | €637 | -€6,294 | -90.8% |
| Cash at bank and in hand | 54/58 | €1,456 | €13,348 | +€11,891 | +816.5% |
| Deferred charges and accrued income | 490/1 | - | €83 | +€83 | |
| Total equity and liabilities | 10/49 | €96,737 | €91,938 | -€4,799 | -5.0% |
| Equity | 10/15 | €20,131 | €35,149 | +€15,017 | +74.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,371 | €25,389 | +€15,017 | +144.8% |
| Distributable reserves | 133 | €10,371 | €25,389 | +€15,017 | +144.8% |
| Profit (loss) carried forward | 14 | €4,760 | €4,760 | = | 0.0% |
| Amounts payable | 17/49 | €76,606 | €56,789 | -€19,816 | -25.9% |
| Amounts payable after more than one year | 17 | €28,377 | €17,160 | -€11,217 | -39.5% |
| Other amounts payable | 178/9 | €28,377 | €17,160 | -€11,217 | -39.5% |
| Amounts payable within one year | 42/48 | €48,229 | €38,135 | -€10,094 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €10,664 | €11,217 | +€554 | +5.2% |
| Trade debts | 44 | €5,467 | €3,714 | -€1,753 | -32.1% |
| Suppliers | 440/4 | €5,467 | €3,714 | -€1,753 | -32.1% |
| Taxes, remuneration and social security | 45 | €1,836 | €11,245 | +€9,408 | +512.3% |
| Taxes | 450/3 | €1,836 | €11,245 | +€9,408 | +512.3% |
| Other amounts payable | 47/48 | €30,261 | €11,959 | -€18,302 | -60.5% |
| Accrued charges and deferred income | 492/3 | - | €1,495 | +€1,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,762 | €6,899 | +€3,137 | +83.4% |
| Other operating charges | 640/8 | €5,329 | €2,502 | -€2,827 | -53.1% |
| Gross operating margin | 9900 | -€6,658 | €35,470 | +€42,128 | |
| Operating profit (loss) | 9901 | -€15,748 | €26,069 | +€41,818 | |
| Financial charges | 65/66B | €6,482 | €6,864 | +€382 | +5.9% |
| Recurring financial charges | 65 | €6,482 | €6,864 | +€382 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€22,231 | €19,205 | +€41,436 | |
| Income taxes | 67/77 | €482 | €4,188 | +€3,706 | +769.4% |
| Profit (loss) for the period | 9904 | -€22,712 | €15,017 | +€37,730 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,712 | €15,017 | +€37,730 |
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 28 September 2026 via checked.be.