Miolan: 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.
Miolan
Largest movements
- Receivables within one year -€11,955
down €11,955 (-15.1%), from €79,004 to €67,048
of which Trade receivables: -€20,590
- Cash -€1,750
down €1,750 (-85.1%), from €2,057 to €307
mainly Net result for the year (-€8,166) and Trade debts (-€3,952)
- Profit (loss) carried forward -€8,166
down €8,166 (-19.1%), from €42,782 to €34,616
- Trade debts -€3,952
down €3,952 (-71.2%), from €5,548 to €1,596
- Accrued charges and deferred income -€2,450
no longer reported in 2025 (was €2,450)
- Other debts +€1,000
up €1,000 (+27.0%), from €3,700 to €4,700
- Gross operating margin -€6,609
down €6,609 (-277.3%), from -€2,383 to -€8,992
- Financial income +€1,709
new in 2025: €1,709
- Other operating charges -€91
down €91 (-12.4%), from €731 to €640
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 | €82,007 | €68,363 | -€13,643 | -16.6% |
| Current assets | 29/58 | €82,007 | €68,363 | -€13,643 | -16.6% |
| Amounts receivable within one year | 40/41 | €79,004 | €67,048 | -€11,955 | -15.1% |
| Trade receivables | 40 | €42,579 | €21,989 | -€20,590 | -48.4% |
| Other amounts receivable | 41 | €36,424 | €45,059 | +€8,635 | +23.7% |
| Cash at bank and in hand | 54/58 | €2,057 | €307 | -€1,750 | -85.1% |
| Deferred charges and accrued income | 490/1 | €946 | €1,008 | +€62 | +6.6% |
| Total equity and liabilities | 10/49 | €82,007 | €68,363 | -€13,643 | -16.6% |
| Equity | 10/15 | €63,242 | €55,076 | -€8,166 | -12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,782 | €34,616 | -€8,166 | -19.1% |
| Amounts payable | 17/49 | €18,764 | €13,287 | -€5,477 | -29.2% |
| Amounts payable within one year | 42/48 | €16,314 | €13,287 | -€3,027 | -18.6% |
| Trade debts | 44 | €5,548 | €1,596 | -€3,952 | -71.2% |
| Suppliers | 440/4 | €5,548 | €1,596 | -€3,952 | -71.2% |
| Taxes, remuneration and social security | 45 | €7,067 | €6,991 | -€76 | -1.1% |
| Taxes | 450/3 | €7,067 | €6,991 | -€76 | -1.1% |
| Other amounts payable | 47/48 | €3,700 | €4,700 | +€1,000 | +27.0% |
| Accrued charges and deferred income | 492/3 | €2,450 | - | -€2,450 | |
| Other operating charges | 640/8 | €731 | €640 | -€91 | -12.4% |
| Non-recurring operating charges | 66A | €434 | - | -€434 | |
| Gross operating margin | 9900 | -€2,383 | -€8,992 | -€6,609 | -277.3% |
| Operating profit (loss) | 9901 | -€3,548 | -€9,632 | -€6,084 | -171.5% |
| Financial income | 75/76B | - | €1,709 | +€1,709 | |
| Recurring financial income | 75 | - | €1,709 | +€1,709 | |
| Financial charges | 65/66B | €242 | €241 | -€1 | -0.5% |
| Recurring financial charges | 65 | €242 | €241 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,790 | -€8,164 | -€4,374 | -115.4% |
| Income taxes | 67/77 | €76 | €2 | -€73 | -97.1% |
| Profit (loss) for the period | 9904 | -€3,865 | -€8,166 | -€4,301 | -111.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,865 | -€8,166 | -€4,301 | -111.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.