Miles & co: 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.
Miles & co
Largest movements
- Cash +€183,254
up €183,254 (+453.8%), from €40,384 to €223,638
mainly Net result for the year (+€146,851) and Tax, wage and social debts (+€54,989)
- Current investments +€17,503
up €17,503 (+63.7%), from €27,497 to €45,000
- Receivables within one year +€7,574
up €7,574 (+31.1%), from €24,327 to €31,901
- Tangible fixed assets -€4,749
down €4,749 (-10.1%), from €46,814 to €42,065
of which Furniture and vehicles: -€10,199
- Reserves +€146,851
up €146,851 (+183.8%), from €79,894 to €226,745
- Tax, wage and social debts +€54,989
up €54,989 (+114.1%), from €48,210 to €103,199
- Turnover +€112,501
up €112,501 (+63.7%), from €176,715 to €289,216
- Gross operating margin +€89,949
up €89,949 (+72.2%), from €124,526 to €214,475
- Taxes +€24,186
up €24,186 (+77.6%), from €31,158 to €55,344
- Purchases and services +€23,465
up €23,465 (+43.4%), from €54,080 to €77,545
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 | €139,022 | €342,634 | +€203,612 | +146.5% |
| Fixed assets | 21/28 | €46,814 | €42,065 | -€4,749 | -10.1% |
| Tangible fixed assets | 22/27 | €46,814 | €42,065 | -€4,749 | -10.1% |
| Plant, machinery and equipment | 23 | €4,320 | €9,770 | +€5,450 | +126.2% |
| Furniture and vehicles | 24 | €42,494 | €32,295 | -€10,199 | -24.0% |
| Current assets | 29/58 | €92,208 | €300,569 | +€208,361 | +226.0% |
| Amounts receivable within one year | 40/41 | €24,327 | €31,901 | +€7,574 | +31.1% |
| Trade receivables | 40 | €24,327 | €31,901 | +€7,574 | +31.1% |
| Current investments | 50/53 | €27,497 | €45,000 | +€17,503 | +63.7% |
| Cash at bank and in hand | 54/58 | €40,384 | €223,638 | +€183,254 | +453.8% |
| Deferred charges and accrued income | 490/1 | - | €30 | +€30 | |
| Total equity and liabilities | 10/49 | €139,022 | €342,634 | +€203,612 | +146.5% |
| Equity | 10/15 | €81,894 | €228,745 | +€146,851 | +179.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €79,894 | €226,745 | +€146,851 | +183.8% |
| Distributable reserves | 133 | €79,894 | €226,745 | +€146,851 | +183.8% |
| Amounts payable | 17/49 | €57,128 | €113,889 | +€56,761 | +99.4% |
| Amounts payable within one year | 42/48 | €57,128 | €113,889 | +€56,761 | +99.4% |
| Trade debts | 44 | €666 | €3,217 | +€2,551 | +383.0% |
| Suppliers | 440/4 | €666 | €3,217 | +€2,551 | +383.0% |
| Taxes, remuneration and social security | 45 | €48,210 | €103,199 | +€54,989 | +114.1% |
| Taxes | 450/3 | €48,210 | €103,199 | +€54,989 | +114.1% |
| Other amounts payable | 47/48 | €8,252 | €7,473 | -€779 | -9.4% |
| Turnover | 70 | €176,715 | €289,216 | +€112,501 | +63.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €54,080 | €77,545 | +€23,465 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,492 | €11,565 | +€1,073 | +10.2% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €124,526 | €214,475 | +€89,949 | +72.2% |
| Operating profit (loss) | 9901 | €113,647 | €202,510 | +€88,863 | +78.2% |
| Financial income | 75/76B | €54 | €941 | +€887 | +1642.6% |
| Recurring financial income | 75 | €54 | €941 | +€887 | +1642.6% |
| Financial charges | 65/66B | €2,649 | €1,256 | -€1,393 | -52.6% |
| Recurring financial charges | 65 | €2,649 | €1,256 | -€1,393 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €111,052 | €202,195 | +€91,143 | +82.1% |
| Income taxes | 67/77 | €31,158 | €55,344 | +€24,186 | +77.6% |
| Profit (loss) for the period | 9904 | €79,894 | €146,851 | +€66,957 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €79,894 | €146,851 | +€66,957 | +83.8% |
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 7 October 2026 via checked.be.