Financials
Financial year 2025
Miles & Mates from Hasselt, company number BE0721894388, closed financial year 2025 with a result of € 86,859 after tax. For that financial year Miles & Mates recorded a gross margin of € 697,701 and equity of € 480,449. Compared with financial year 2024, the result moved from € 101,279 to € 86,859. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 480,449
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 86,859
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 74,977
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 135,339 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
9.6
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 498,106
▲ 19% vs 2024
€ 51,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 133,781
▼ 7% vs 2024
Of which on lease € 89,428.
Debts at end 2025
€ 131,902
▲ 11% vs 2024
€ 28,446 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 118,353
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 135,277
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 423,597 | € 597,694 | € 611,229 | € 697,701 | ▲ 14% |
| Profit after taxes | € 121,663 | € 161,763 | € 101,279 | € 86,859 | ▼ 14% |
| Equity | € 265,886 | € 427,649 | € 528,928 | € 480,449 | ▼ 9% |
| Total debts | € 208,335 | € 241,521 | € 364,398 | € 528,249 | ▲ 45% |
| Cash | € 226,796 | € 138,575 | € 102,957 | € 74,977 | ▼ 27% |
| Retained profit | € 259,686 | € 421,449 | € 522,728 | € 474,249 | ▼ 9% |
| Dividend | € 0 | € 0 | € 0 | € 135,339 | |
| Bank debt | € 26,458 | € 42,942 | € 118,559 | € 131,902 | ▲ 11% |
| Balance sheet total | € 474,221 | € 669,170 | € 893,327 | € 1,008,698 | ▲ 13% |
| Employees (FTE) | - | - | 7.6 | 9.6 | ▲ 2 |
Key figures of Miles & Mates, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Miles & Mates?
What happened at Miles & Mates in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 86,859 (▼ 14% vs 2024). Source: NBB ↗
- Jolien Laenen became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
- Jelle Wierdsma became a director. NBB
In short
From € 121,663 profit in 2022 to € 86,859 profit in 2025.
Paid € 244,834 in corporate taxes since 2022.
Best year ever: 2023, with € 161,763 profit.
On average € 72,700 of value added per employee in 2025.
Management
Behind Miles & Mates are Jolien Laenen and Jelle Wierdsma. It owns 50% of Uncrowned King itself.
Directors
According to the 2025 annual accounts
since 2023
since 2019
Establishments
Establishment units
Physical locations of this company
Meiliedstraat 14
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0721.894.388
- VAT number
- BE 0721.894.388
- Registered office
- Meiliedstraat 14, 3500 Hasselt
- Names & denominations
- Miles & Mates
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2019
- Peppol
- Active · Active since 29 Jul 2024
- Activities · NACE
Activiteiten van reclamebureaus