88 Miles !: 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.
88 Miles !
Largest movements
- Cash +€8,472
up €8,472 (+27.3%), from €31,085 to €39,556
mainly Net result for the year (+€20,181) and Receivables within one year (+€5,046)
- Receivables within one year -€5,046
down €5,046 (-19.2%), from €26,318 to €21,271
of which Other amounts receivable: -€8,161
- Tangible fixed assets -€700
down €700 (-23.5%), from €2,975 to €2,275
- Tax, wage and social debts +€1,778
up €1,778 (+15.5%), from €11,443 to €13,221
of which Taxes: +€1,778
- Other debts +€1,586
up €1,586 (+5.7%), from €27,927 to €29,513
- Trade debts -€638
down €638 (-26.5%), from €2,407 to €1,769
- Gross operating margin -€9,848
down €9,848 (-26.0%), from €37,838 to €27,989
- Taxes -€2,089
down €2,089 (-24.9%), from €8,400 to €6,311
From the 31-12-2024 result to the 31-12-2025 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.
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,377 | €63,103 | +€2,726 | +4.5% |
| Fixed assets | 21/28 | €2,975 | €2,275 | -€700 | -23.5% |
| Tangible fixed assets | 22/27 | €2,975 | €2,275 | -€700 | -23.5% |
| Land and buildings | 22 | €2,975 | €2,275 | -€700 | -23.5% |
| Current assets | 29/58 | €57,402 | €60,828 | +€3,426 | +6.0% |
| Amounts receivable within one year | 40/41 | €26,318 | €21,271 | -€5,046 | -19.2% |
| Trade receivables | 40 | €6,869 | €9,983 | +€3,114 | +45.3% |
| Other amounts receivable | 41 | €19,449 | €11,288 | -€8,161 | -42.0% |
| Cash at bank and in hand | 54/58 | €31,085 | €39,556 | +€8,472 | +27.3% |
| Total equity and liabilities | 10/49 | €60,377 | €63,103 | +€2,726 | +4.5% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €41,777 | €44,503 | +€2,726 | +6.5% |
| Amounts payable within one year | 42/48 | €41,777 | €44,503 | +€2,726 | +6.5% |
| Trade debts | 44 | €2,407 | €1,769 | -€638 | -26.5% |
| Suppliers | 440/4 | €2,407 | €1,769 | -€638 | -26.5% |
| Taxes, remuneration and social security | 45 | €11,443 | €13,221 | +€1,778 | +15.5% |
| Taxes | 450/3 | €9,117 | €10,895 | +€1,778 | +19.5% |
| Remuneration and social security | 454/9 | €2,326 | €2,326 | = | 0.0% |
| Other amounts payable | 47/48 | €27,927 | €29,513 | +€1,586 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €748 | €700 | -€48 | -6.4% |
| Other operating charges | 640/8 | €780 | €638 | -€143 | -18.3% |
| Gross operating margin | 9900 | €37,838 | €27,989 | -€9,848 | -26.0% |
| Operating profit (loss) | 9901 | €36,310 | €26,652 | -€9,658 | -26.6% |
| Financial income | 75/76B | €217 | €23 | -€194 | -89.5% |
| Recurring financial income | 75 | €217 | €23 | -€194 | -89.5% |
| Financial charges | 65/66B | €200 | €182 | -€18 | -8.9% |
| Recurring financial charges | 65 | €200 | €182 | -€18 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €36,327 | €26,493 | -€9,834 | -27.1% |
| Income taxes | 67/77 | €8,400 | €6,311 | -€2,089 | -24.9% |
| Profit (loss) for the period | 9904 | €27,927 | €20,181 | -€7,745 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,927 | €20,181 | -€7,745 | -27.7% |
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 18 October 2026 via checked.be.