10Miles: 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.
10Miles
Largest movements
- Cash -€62,599
down €62,599 (-67.7%), from €92,519 to €29,920
mainly Investment in fixed assets (net) (-€84,960) and Contributions, distributions and other (-€38,349)
- Tangible fixed assets +€44,198
up €44,198 (+32.1%), from €137,497 to €181,695
of which Land and buildings: +€30,136
- Receivables within one year +€4,830
up €4,830 (+19.9%), from €24,293 to €29,123
of which Trade receivables: +€7,100
- Reserves -€14,682
down €14,682 (-6.2%), from €235,304 to €220,622
of which Distributable reserves: -€12,822
- Gross operating margin +€21,409
up €21,409 (+39.2%), from €54,549 to €75,958
- Depreciation +€15,677
up €15,677 (+62.5%), from €25,085 to €40,762
- Taxes -€991
down €991 (-9.4%), from €10,534 to €9,543
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 | €256,091 | €242,090 | -€14,001 | -5.5% |
| Fixed assets | 21/28 | €137,522 | €181,720 | +€44,198 | +32.1% |
| Tangible fixed assets | 22/27 | €137,497 | €181,695 | +€44,198 | +32.1% |
| Land and buildings | 22 | €110,427 | €140,563 | +€30,136 | +27.3% |
| Plant, machinery and equipment | 23 | - | €1,264 | +€1,264 | |
| Furniture and vehicles | 24 | €27,070 | €39,868 | +€12,798 | +47.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €118,569 | €60,369 | -€58,199 | -49.1% |
| Amounts receivable within one year | 40/41 | €24,293 | €29,123 | +€4,830 | +19.9% |
| Trade receivables | 40 | €17,100 | €24,200 | +€7,100 | +41.5% |
| Other amounts receivable | 41 | €7,193 | €4,923 | -€2,270 | -31.6% |
| Cash at bank and in hand | 54/58 | €92,519 | €29,920 | -€62,599 | -67.7% |
| Deferred charges and accrued income | 490/1 | €1,757 | €1,327 | -€430 | -24.5% |
| Total equity and liabilities | 10/49 | €256,091 | €242,090 | -€14,001 | -5.5% |
| Equity | 10/15 | €246,794 | €232,112 | -€14,682 | -5.9% |
| Contributions | 10/11 | €11,490 | €11,490 | = | 0.0% |
| Reserves | 13 | €235,304 | €220,622 | -€14,682 | -6.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €233,444 | €220,622 | -€12,822 | -5.5% |
| Amounts payable | 17/49 | €9,297 | €9,978 | +€681 | +7.3% |
| Amounts payable within one year | 42/48 | €9,157 | €9,668 | +€511 | +5.6% |
| Trade debts | 44 | €2,051 | €571 | -€1,480 | -72.2% |
| Suppliers | 440/4 | €2,051 | €571 | -€1,480 | -72.2% |
| Taxes, remuneration and social security | 45 | €7,082 | €8,422 | +€1,340 | +18.9% |
| Taxes | 450/3 | €4,882 | €5,922 | +€1,040 | +21.3% |
| Remuneration and social security | 454/9 | €2,200 | €2,500 | +€300 | +13.6% |
| Other amounts payable | 47/48 | €24 | €675 | +€651 | +2692.9% |
| Accrued charges and deferred income | 492/3 | €140 | €310 | +€170 | +121.4% |
| Non-recurring operating income | 76A | - | €27,177 | +€27,177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,085 | €40,762 | +€15,677 | +62.5% |
| Other operating charges | 640/8 | €2,013 | €1,305 | -€708 | -35.2% |
| Gross operating margin | 9900 | €54,549 | €75,958 | +€21,409 | +39.2% |
| Operating profit (loss) | 9901 | €27,451 | €33,891 | +€6,440 | +23.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €68 | €682 | +€615 | +910.5% |
| Recurring financial charges | 65 | €68 | €682 | +€615 | +910.5% |
| Profit (loss) for the period before taxes | 9903 | €27,384 | €33,209 | +€5,825 | +21.3% |
| Income taxes | 67/77 | €10,534 | €9,543 | -€991 | -9.4% |
| Profit (loss) for the period | 9904 | €16,850 | €23,666 | +€6,817 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,850 | €23,666 | +€6,817 | +40.5% |
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 9 October 2026 via checked.be.