62MILES: 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.
What changed
62MILES
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€912,111
2024 · €766,300+€145,811
Equity
€18.0m
2024 · €17.1m+€962,111
Cash
€184,592
2024 · €361,214-€176,622
Balance sheet total
€28.5m
2024 · €29.5m-€984,898
Largest movements
Assets
- Intangible fixed assets -€452,643
down €452,643 (-11.5%), from €3.9m to €3.5m
Equity and liabilities
- Debts after one year -€2.7m
down €2.7m (-28.0%), from €9.7m to €7.0m
- Reserves +€912,111
up €912,111 (+12.4%), from €7.4m to €8.3m
- Current portion of long-term debt +€778,897
up €778,897 (+42.7%), from €1.8m to €2.6m
Income statement
- Turnover +€594,761
up €594,761 (+11.1%), from €5.3m to €5.9m
- Services and other goods +€262,410
up €262,410 (+6.7%), from €3.9m to €4.2m
- Financial income -€257,708
down €257,708 (-18.6%), from €1.4m to €1.1m
- Financial charges -€174,278
down €174,278 (-25.5%), from €683,615 to €509,338
- Goods and materials +€63,514
new in 2025: €63,514
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.
Result 2024
€766,300
Turnover
+€594,761
Other operating income
-€6,235
Goods and materials
-€63,514
Services and other goods
-€262,410
Staff costs
+€34,966
Depreciation
-€41,605
Other operating charges
-€18,178
Other operating items
-€8,999
Financial income
-€257,708
Financial charges
+€174,278
Taxes
+€455
Result 2025
€912,111
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.
From operations
+€1.7m
Investment
-€51,590
Financing
-€1.8m
Cash 2024
€361,214
From operations (derived)
+€1.7m
Net result for the year
+€912,111
Depreciation
+€586,563
Stocks and contracts
-€6,832
Receivables within one year
+€275,813
Smaller working-capital items
-€333
Tax, wage and social debts
+€26,435
Advances received
+€15,830
Accrued charges and deferred income
-€110,092
Investment (derived)
-€51,590
Investment in fixed assets (net)
-€51,590
Financing
-€1.8m
Debts after one year
-€2.7m
Current portion of long-term debt
+€778,897
Short-term financial debts
+€56,990
Contributions, distributions and other
+€50,000
Cash 2025
€184,592
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,467,429 | €28,482,531 | -€984,898 | -3.3% |
| Fixed assets | 21/28 | €26,989,672 | €26,454,699 | -€534,973 | -2.0% |
| Intangible fixed assets | 21 | €3,930,346 | €3,477,704 | -€452,643 | -11.5% |
| Tangible fixed assets | 22/27 | €442,109 | €355,582 | -€86,527 | -19.6% |
| Plant, machinery and equipment | 23 | €5,700 | €7,012 | +€1,311 | +23.0% |
| Furniture and vehicles | 24 | €38,012 | €21,273 | -€16,739 | -44.0% |
| Other tangible fixed assets | 26 | €398,398 | €327,297 | -€71,100 | -17.8% |
| Financial fixed assets | 28 | €22,617,217 | €22,621,414 | +€4,197 | 0.0% |
| Affiliated companies | 280/1 | €22,617,217 | €22,617,217 | = | 0.0% |
| Participating interests | 280 | €22,617,217 | €22,617,217 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €4,197 | +€4,197 | |
| Amounts receivable and cash guarantees | 285/8 | - | €4,197 | +€4,197 | |
| Current assets | 29/58 | €2,477,757 | €2,027,832 | -€449,925 | -18.2% |
| Stocks and contracts in progress | 3 | - | €6,832 | +€6,832 | |
| Contracts in progress | 37 | - | €6,832 | +€6,832 | |
| Amounts receivable within one year | 40/41 | €2,086,903 | €1,811,090 | -€275,813 | -13.2% |
| Trade receivables | 40 | €1,113,269 | €1,200,485 | +€87,217 | +7.8% |
| Other amounts receivable | 41 | €973,635 | €610,605 | -€363,030 | -37.3% |
| Cash at bank and in hand | 54/58 | €361,214 | €184,592 | -€176,622 | -48.9% |
| Deferred charges and accrued income | 490/1 | €29,640 | €25,318 | -€4,321 | -14.6% |
| Total equity and liabilities | 10/49 | €29,467,429 | €28,482,531 | -€984,898 | -3.3% |
| Equity | 10/15 | €17,073,406 | €18,035,517 | +€962,111 | +5.6% |
| Contributions | 10/11 | €9,700,001 | €9,750,001 | +€50,000 | +0.5% |
| Reserves | 13 | €7,373,405 | €8,285,516 | +€912,111 | +12.4% |
| Distributable reserves | 133 | €7,373,405 | €8,285,516 | +€912,111 | +12.4% |
| Amounts payable | 17/49 | €12,394,023 | €10,447,015 | -€1.9m | -15.7% |
| Amounts payable after more than one year | 17 | €9,689,465 | €6,979,049 | -€2.7m | -28.0% |
| Financial debts | 170/4 | €9,689,465 | €6,979,049 | -€2.7m | -28.0% |
| Subordinated loans | 170 | €4,327,499 | €2,732,780 | -€1.6m | -36.9% |
| Credit institutions | 173 | €5,361,966 | €4,246,269 | -€1.1m | -20.8% |
| Amounts payable within one year | 42/48 | €2,452,318 | €3,325,816 | +€873,498 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €1,822,453 | €2,601,350 | +€778,897 | +42.7% |
| Financial debts | 43 | €11,301 | €68,291 | +€56,990 | +504.3% |
| Credit institutions | 430/8 | €11,301 | €68,291 | +€56,990 | +504.3% |
| Trade debts | 44 | €418,873 | €414,219 | -€4,654 | -1.1% |
| Suppliers | 440/4 | €418,873 | €414,219 | -€4,654 | -1.1% |
| Advances received on contracts in progress | 46 | - | €15,830 | +€15,830 | |
| Taxes, remuneration and social security | 45 | €199,691 | €226,126 | +€26,435 | +13.2% |
| Taxes | 450/3 | €52,937 | €114,005 | +€61,067 | +115.4% |
| Remuneration and social security | 454/9 | €146,754 | €112,121 | -€34,633 | -23.6% |
| Accrued charges and deferred income | 492/3 | €252,241 | €142,149 | -€110,092 | -43.6% |
| Operating income | 70/76A | €5,358,084 | €5,937,611 | +€579,527 | +10.8% |
| Turnover | 70 | €5,336,087 | €5,930,848 | +€594,761 | +11.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | -€8,999 | -€8,999 | |
| Other operating income | 74 | €21,997 | €15,761 | -€6,235 | -28.3% |
| Operating charges | 60/66A | €5,295,416 | €5,646,158 | +€350,741 | +6.6% |
| Goods for resale, raw materials and consumables | 60 | - | €63,514 | +€63,514 | |
| Purchases | 600/8 | - | €63,514 | +€63,514 | |
| Services and other goods | 61 | €3,931,202 | €4,193,612 | +€262,410 | +6.7% |
| Remuneration, social security and pensions | 62 | €815,952 | €780,987 | -€34,966 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €544,958 | €586,563 | +€41,605 | +7.6% |
| Other operating charges | 640/8 | €3,304 | €21,482 | +€18,178 | +550.1% |
| Operating profit (loss) | 9901 | €62,668 | €291,453 | +€228,786 | +365.1% |
| Financial income | 75/76B | €1,388,688 | €1,130,980 | -€257,708 | -18.6% |
| Recurring financial income | 75 | €1,388,688 | €1,130,980 | -€257,708 | -18.6% |
| Income from financial fixed assets | 750 | €1,364,131 | €1,128,564 | -€235,567 | -17.3% |
| Income from current assets | 751 | €24,556 | €2,416 | -€22,140 | -90.2% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €683,615 | €509,338 | -€174,278 | -25.5% |
| Recurring financial charges | 65 | €683,615 | €509,338 | -€174,278 | -25.5% |
| Debt charges | 650 | €682,738 | €502,276 | -€180,463 | -26.4% |
| Other financial charges | 652/9 | €877 | €7,062 | +€6,185 | +705.2% |
| Profit (loss) for the period before taxes | 9903 | €767,740 | €913,096 | +€145,356 | +18.9% |
| Income taxes | 67/77 | €1,440 | €985 | -€455 | -31.6% |
| Taxes | 670/3 | €1,440 | €985 | -€455 | -31.6% |
| Profit (loss) for the period | 9904 | €766,300 | €912,111 | +€145,811 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €766,300 | €912,111 | +€145,811 | +19.0% |
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 5 October 2026 via checked.be.