Milyn: 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.
Milyn
Largest movements
- Tangible fixed assets +€17,429
new in 2025: €17,429
of which Plant, machinery and equipment: +€14,361
- Receivables within one year +€16,414
up €16,414 (+37.7%), from €43,495 to €59,910
of which Other amounts receivable: +€11,549
- Cash +€4,726
up €4,726 (+236%), from €2,006 to €6,733
mainly Net result for the year (+€25,993) and Trade debts (+€21,963)
- Stocks and contracts +€2,760
new in 2025: €2,760
- Profit (loss) carried forward +€25,993
up €25,993 (+15,776%), from €165 to €26,157
- Trade debts +€21,963
up €21,963 (+1,525%), from €1,440 to €23,403
- Tax, wage and social debts -€3,471
down €3,471 (-23.7%), from €14,645 to €11,174
of which Remuneration and social security: -€2,400
- Other debts -€2,363
down €2,363 (-96.0%), from €2,461 to €97
- Accrued charges and deferred income -€1,200
down €1,200 (-100%), from €1,200 to €0
- Depreciation -€2,438
down €2,438 (-84.9%), from €2,872 to €435
- Gross operating margin +€1,841
up €1,841 (+5.4%), from €33,979 to €35,820
- Other operating charges +€596
up €596 (+239%), from €250 to €846
- Taxes -€386
down €386 (-4.5%), from €8,578 to €8,192
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 | €45,910 | €86,831 | +€40,921 | +89.1% |
| Fixed assets | 21/28 | - | €17,429 | +€17,429 | |
| Tangible fixed assets | 22/27 | - | €17,429 | +€17,429 | |
| Plant, machinery and equipment | 23 | - | €14,361 | +€14,361 | |
| Furniture and vehicles | 24 | - | €3,068 | +€3,068 | |
| Current assets | 29/58 | €45,910 | €69,402 | +€23,492 | +51.2% |
| Stocks and contracts in progress | 3 | - | €2,760 | +€2,760 | |
| Stocks | 30/36 | - | €2,760 | +€2,760 | |
| Amounts receivable within one year | 40/41 | €43,495 | €59,910 | +€16,414 | +37.7% |
| Trade receivables | 40 | €1,495 | €6,361 | +€4,865 | +325% |
| Other amounts receivable | 41 | €42,000 | €53,549 | +€11,549 | +27.5% |
| Cash at bank and in hand | 54/58 | €2,006 | €6,733 | +€4,726 | +236% |
| Deferred charges and accrued income | 490/1 | €409 | €0 | -€409 | -100% |
| Total equity and liabilities | 10/49 | €45,910 | €86,831 | +€40,921 | +89.1% |
| Equity | 10/15 | €26,165 | €52,157 | +€25,993 | +99.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165 | €26,157 | +€25,993 | +15,776% |
| Amounts payable | 17/49 | €19,746 | €34,674 | +€14,928 | +75.6% |
| Amounts payable within one year | 42/48 | €18,546 | €34,674 | +€16,128 | +87.0% |
| Trade debts | 44 | €1,440 | €23,403 | +€21,963 | +1,525% |
| Suppliers | 440/4 | €1,440 | €23,403 | +€21,963 | +1,525% |
| Taxes, remuneration and social security | 45 | €14,645 | €11,174 | -€3,471 | -23.7% |
| Taxes | 450/3 | €12,245 | €11,174 | -€1,071 | -8.7% |
| Remuneration and social security | 454/9 | €2,400 | €0 | -€2,400 | -100% |
| Other amounts payable | 47/48 | €2,461 | €97 | -€2,363 | -96.0% |
| Accrued charges and deferred income | 492/3 | €1,200 | €0 | -€1,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,872 | €435 | -€2,438 | -84.9% |
| Other operating charges | 640/8 | €250 | €846 | +€596 | +239% |
| Gross operating margin | 9900 | €33,979 | €35,820 | +€1,841 | +5.4% |
| Operating profit (loss) | 9901 | €30,857 | €34,539 | +€3,682 | +11.9% |
| Financial income | 75/76B | €0 | €1 | +€0 | +66.7% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +66.7% |
| Financial charges | 65/66B | €114 | €354 | +€240 | +211% |
| Recurring financial charges | 65 | €114 | €354 | +€240 | +211% |
| Profit (loss) for the period before taxes | 9903 | €30,743 | €34,185 | +€3,442 | +11.2% |
| Income taxes | 67/77 | €8,578 | €8,192 | -€386 | -4.5% |
| Profit (loss) for the period | 9904 | €22,165 | €25,993 | +€3,828 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,165 | €25,993 | +€3,828 | +17.3% |
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 13 October 2026 via checked.be.