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MILES IMMO: 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

MILES IMMO

BE 0797.108.683
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€13,409
2024 · -€9,363-€4,045
Equity
-€120,964
2024 · -€107,556-€13,409
Cash
€7,133
2024 · €8,673-€1,540
Balance sheet total
€971,268
2024 · €1.0m-€39,404

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€37,078

    down €37,078 (-3.7%), from €1.0m to €963,658

    of which Land and buildings: -€21,477

Equity and liabilities
  • Debts after one year -€25,421

    down €25,421 (-2.3%), from €1.1m to €1.1m

    of which Financial debts: -€349,449

  • Profit (loss) carried forward -€13,409

    down €13,409 (-11.4%), from -€117,556 to -€130,964

Income statement
  • Other operating charges +€4,790

    up €4,790 (+1246.1%), from €384 to €5,175

  • Depreciation +€3,838

    up €3,838 (+10.1%), from €38,174 to €42,012

  • Gross operating margin +€2,920

    up €2,920 (+4.5%), from €65,014 to €67,934

  • Financial charges -€1,119

    down €1,119 (-3.1%), from €35,819 to €34,700

From the 2024 result to the 2025 result

effect on the 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 -€9,363
Gross operating margin +€2,920
Depreciation -€3,838
Other operating charges -€4,790
Financial income +€544
Financial charges +€1,119
Result 2025 -€13,409

Cash bridge derived

cash 2024 to 2025

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 +€27,798
Investment -€4,934
Financing -€24,404
Cash 2024 €8,673
Net result for the year -€13,409
Depreciation +€42,012
Receivables within one year +€799
Deferred charges and accrued income -€13
Trade debts -€591
Other debts -€1,000
Investment in fixed assets (net) -€4,934
Debts after one year -€25,421
Current portion of long-term debt +€1,017
Cash 2025 €7,133
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,010,671 €971,268 -€39,404 -3.9%
Fixed assets 21/28 €1,000,736 €963,658 -€37,078 -3.7%
Intangible fixed assets 21 - €0 =
Tangible fixed assets 22/27 €1,000,736 €963,658 -€37,078 -3.7%
Land and buildings 22 €773,103 €751,626 -€21,477 -2.8%
Other tangible fixed assets 26 €227,632 €212,032 -€15,600 -6.9%
Current assets 29/58 €9,936 €7,609 -€2,326 -23.4%
Amounts receivable within one year 40/41 €799 - -€799
Trade receivables 40 €799 - -€799
Cash at bank and in hand 54/58 €8,673 €7,133 -€1,540 -17.8%
Deferred charges and accrued income 490/1 €463 €476 +€13 +2.8%
Total equity and liabilities 10/49 €1,010,671 €971,268 -€39,404 -3.9%
Equity 10/15 -€107,556 -€120,964 -€13,409 -12.5%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 -€117,556 -€130,964 -€13,409 -11.4%
Amounts payable 17/49 €1,118,227 €1,092,232 -€25,995 -2.3%
Amounts payable after more than one year 17 €1,084,041 €1,058,619 -€25,421 -2.3%
Financial debts 170/4 €996,082 €646,633 -€349,449 -35.1%
Other amounts payable 178/9 €87,959 €411,987 +€324,028 +368.4%
Amounts payable within one year 42/48 €34,186 €33,613 -€574 -1.7%
Current portion of amounts payable after more than one year 42 €24,707 €25,725 +€1,017 +4.1%
Financial debts 43 €3,488 €3,488 = 0.0%
Other loans 439 €3,488 €3,488 = 0.0%
Trade debts 44 €591 - -€591
Suppliers 440/4 €591 - -€591
Other amounts payable 47/48 €5,400 €4,400 -€1,000 -18.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €38,174 €42,012 +€3,838 +10.1%
Other operating charges 640/8 €384 €5,175 +€4,790 +1246.1%
Gross operating margin 9900 €65,014 €67,934 +€2,920 +4.5%
Operating profit (loss) 9901 €26,456 €20,747 -€5,708 -21.6%
Financial income 75/76B - €544 +€544
Recurring financial income 75 - €544 +€544
Financial charges 65/66B €35,819 €34,700 -€1,119 -3.1%
Recurring financial charges 65 €35,819 €34,700 -€1,119 -3.1%
Profit (loss) for the period before taxes 9903 -€9,363 -€13,409 -€4,045 -43.2%
Profit (loss) for the period 9904 -€9,363 -€13,409 -€4,045 -43.2%
Profit (loss) for the period to be appropriated 9905 -€9,363 -€13,409 -€4,045 -43.2%

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 3 October 2026 via checked.be.