RedMil Management: 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.
RedMil Management
Largest movements
- Cash -€12,222
down €12,222 (-34.4%), from €35,522 to €23,300
mainly Contributions, distributions and other (-€20,000) and Debts after one year (-€5,636)
- Profit (loss) carried forward -€22,885
down €22,885 (-35.8%), from €64,012 to €41,127
- Other debts +€20,000
new in 2025: €20,000
- Debts after one year -€5,636
no longer reported in 2025 (was €5,636)
- Tax, wage and social debts -€5,375
down €5,375 (-24.6%), from €21,894 to €16,519
of which Remuneration and social security: -€4,892
- Current portion of long-term debt -€2,639
down €2,639 (-31.9%), from €8,275 to €5,636
- Gross operating margin -€11,493
down €11,493 (-45.5%), from €25,256 to €13,763
- Taxes +€9,137
up €9,137 (+175.5%), from €5,206 to €14,343
- Financial charges +€1,490
up €1,490 (+202.7%), from €735 to €2,225
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 | €107,619 | €96,060 | -€11,559 | -10.7% |
| Fixed assets | 21/28 | €62,000 | €62,000 | = | 0.0% |
| Financial fixed assets | 28 | €62,000 | €62,000 | = | 0.0% |
| Current assets | 29/58 | €45,619 | €34,060 | -€11,559 | -25.3% |
| Amounts receivable within one year | 40/41 | €10,097 | €10,760 | +€663 | +6.6% |
| Trade receivables | 40 | €7,803 | €10,760 | +€2,957 | +37.9% |
| Other amounts receivable | 41 | €2,294 | - | -€2,294 | |
| Cash at bank and in hand | 54/58 | €35,522 | €23,300 | -€12,222 | -34.4% |
| Total equity and liabilities | 10/49 | €107,619 | €96,060 | -€11,559 | -10.7% |
| Equity | 10/15 | €70,012 | €47,127 | -€22,885 | -32.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,012 | €41,127 | -€22,885 | -35.8% |
| Amounts payable | 17/49 | €37,607 | €48,933 | +€11,326 | +30.1% |
| Amounts payable after more than one year | 17 | €5,636 | - | -€5,636 | |
| Financial debts | 170/4 | €5,636 | - | -€5,636 | |
| Amounts payable within one year | 42/48 | €31,971 | €48,933 | +€16,962 | +53.1% |
| Current portion of amounts payable after more than one year | 42 | €8,275 | €5,636 | -€2,639 | -31.9% |
| Financial debts | 43 | - | €2,434 | +€2,434 | |
| Credit institutions | 430/8 | - | €2,434 | +€2,434 | |
| Trade debts | 44 | €1,802 | €4,344 | +€2,542 | +141.1% |
| Suppliers | 440/4 | €1,802 | €4,344 | +€2,542 | +141.1% |
| Taxes, remuneration and social security | 45 | €21,894 | €16,519 | -€5,375 | -24.6% |
| Taxes | 450/3 | €14,491 | €14,008 | -€483 | -3.3% |
| Remuneration and social security | 454/9 | €7,403 | €2,511 | -€4,892 | -66.1% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €55 | €80 | +€25 | +45.5% |
| Gross operating margin | 9900 | €25,256 | €13,763 | -€11,493 | -45.5% |
| Operating profit (loss) | 9901 | €25,201 | €13,683 | -€11,518 | -45.7% |
| Financial charges | 65/66B | €735 | €2,225 | +€1,490 | +202.7% |
| Recurring financial charges | 65 | €735 | €2,225 | +€1,490 | +202.7% |
| Profit (loss) for the period before taxes | 9903 | €24,466 | €11,458 | -€13,008 | -53.2% |
| Income taxes | 67/77 | €5,206 | €14,343 | +€9,137 | +175.5% |
| Profit (loss) for the period | 9904 | €19,260 | -€2,885 | -€22,145 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,260 | -€2,885 | -€22,145 |
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 11 October 2026 via checked.be.