MILYS: 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.
MILYS
Largest movements
- Cash +€45,373
up €45,373 (+46.0%), from €98,723 to €144,096
mainly Net result for the year (+€309,329) and Depreciation (+€21,846)
- Tangible fixed assets -€21,846
down €21,846 (-36.5%), from €59,826 to €37,980
of which Furniture and vehicles: -€21,846
- Reserves +€159,329
up €159,329 (+29.9%), from €533,217 to €692,546
- Debts after one year -€126,351
down €126,351 (-10.6%), from €1.2m to €1.1m
No income-statement line moved by more than 1% of the activity.
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 | €1,892,103 | €1,914,301 | +€22,198 | +1.2% |
| Fixed assets | 21/28 | €1,770,690 | €1,748,844 | -€21,846 | -1.2% |
| Tangible fixed assets | 22/27 | €59,826 | €37,980 | -€21,846 | -36.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €59,826 | €37,980 | -€21,846 | -36.5% |
| Financial fixed assets | 28 | €1,710,864 | €1,710,864 | = | 0.0% |
| Current assets | 29/58 | €121,413 | €165,457 | +€44,044 | +36.3% |
| Amounts receivable within one year | 40/41 | €22,203 | €21,362 | -€841 | -3.8% |
| Trade receivables | 40 | €20,231 | €20,231 | = | 0.0% |
| Other amounts receivable | 41 | €1,972 | €1,130 | -€841 | -42.7% |
| Cash at bank and in hand | 54/58 | €98,723 | €144,096 | +€45,373 | +46.0% |
| Deferred charges and accrued income | 490/1 | €487 | €0 | -€487 | -100.0% |
| Total equity and liabilities | 10/49 | €1,892,103 | €1,914,301 | +€22,198 | +1.2% |
| Equity | 10/15 | €551,817 | €711,146 | +€159,329 | +28.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €533,217 | €692,546 | +€159,329 | +29.9% |
| Distributable reserves | 133 | €533,217 | €692,546 | +€159,329 | +29.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,340,286 | €1,203,155 | -€137,131 | -10.2% |
| Amounts payable after more than one year | 17 | €1,187,528 | €1,061,177 | -€126,351 | -10.6% |
| Financial debts | 170/4 | €1,187,528 | €1,061,177 | -€126,351 | -10.6% |
| Amounts payable within one year | 42/48 | €145,705 | €136,697 | -€9,009 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €132,224 | €126,351 | -€5,873 | -4.4% |
| Trade debts | 44 | €1,876 | €127 | -€1,749 | -93.2% |
| Suppliers | 440/4 | €1,876 | €127 | -€1,749 | -93.2% |
| Taxes, remuneration and social security | 45 | €11,605 | €10,218 | -€1,387 | -11.9% |
| Taxes | 450/3 | €11,205 | €10,218 | -€986 | -8.8% |
| Remuneration and social security | 454/9 | €400 | €0 | -€400 | -100.0% |
| Accrued charges and deferred income | 492/3 | €7,052 | €5,281 | -€1,771 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,597 | €21,846 | +€1,250 | +6.1% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €240,916 | €243,213 | +€2,298 | +1.0% |
| Operating profit (loss) | 9901 | €219,226 | €220,241 | +€1,015 | +0.5% |
| Financial income | 75/76B | €150,420 | €150,420 | -€0 | 0.0% |
| Recurring financial income | 75 | €150,420 | €150,420 | -€0 | 0.0% |
| Financial charges | 65/66B | €8,221 | €7,446 | -€776 | -9.4% |
| Recurring financial charges | 65 | €8,221 | €7,446 | -€776 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €361,424 | €363,215 | +€1,791 | +0.5% |
| Income taxes | 67/77 | €54,872 | €53,886 | -€986 | -1.8% |
| Profit (loss) for the period | 9904 | €306,552 | €309,329 | +€2,776 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €306,552 | €309,329 | +€2,776 | +0.9% |
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 6 October 2026 via checked.be.