Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Miles Ahead Studio from Gent, company number BE0790225247, closed financial year 2025 with a result of € -349,860 after tax. For that financial year Miles Ahead Studio recorded a gross margin of € -275,305 and equity of € -1 million. Compared with financial year 2024, the result moved from € -707,621 to € -349,860. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ -1 million
▼ € 349,070 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -349,860
▲ 51 % less loss than in 2024
Profit after tax over the fiscal year.
€ 17,798
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
€ 1,884
▲ 100% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 62% vs 2024
Loans from banks and other lenders, long and short.
€ 231,998
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 642,129 | - | - | |
| Gross margin | € -9,199 | € 24,267 | € -461,943 | € -275,305 | ▲ € 186,639 |
| Profit after taxes | € -18,119 | € 8,148 | € -707,621 | € -349,860 | ▲ € 357,762 |
| Equity | € -8,119 | € 25,996 | € -681,626 | € -1,030,695 | ▼ € 349,070 |
| Total debts | € 220,740 | € 629,252 | € 1,611,911 | € 1,687,843 | ▲ 5% |
| Cash | - | € 229,727 | € 115,927 | € 17,798 | ▼ 85% |
| Retained profit | € -18,119 | € -9,971 | € -717,592 | € -1,067,452 | ▼ € 349,860 |
| Bank debt | € 120,827 | € 420,675 | € 877,199 | € 1,425,292 | ▲ 62% |
| Balance sheet total | € 212,621 | € 655,248 | € 930,286 | € 657,148 | ▼ 29% |
Key figures of Miles Ahead Studio, 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 Ahead Studio?
What happened at Miles Ahead Studio in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 349,860. Source: NBB ↗
- XANA BV became a director. NBB
- ALDETA BV became a director. NBB
- New establishment in Gent. KBO
- WillowTree BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,119 loss in 2022 to € 349,860 loss in 2025.
Paid € 136 in corporate taxes since 2022.
Best year ever: 2023, with € 8,148 profit.
Management
The stake of INNACCO, WillowTree, Columba Harmony, ALDETA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Miles Ahead StudioBehind Miles Ahead Studio are XANA BV, WillowTree BV and ALDETA BV. The shares are held by INNACCO (28.8%), WillowTree (21.4%), Columba Harmony (15.1%) and ALDETA (11.8%).
Directors
According to the 2025 annual accounts
Director · represented by Luc Burgelman
Also active at: Madison Partners, Miles Ahead Capital, WeHave
since 2025
Director · represented by Wim De Waele
Also active at: Asap Staffing, Madison Partners, Miles Ahead Capital
since 2022
Director · represented by Alain De Taeye
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Jansvest 18 box 1
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Model Vetsmelterij De Schelde
Brew Office
Vereniging van mede-eigenaars van de Residentie Portus Sint-Jan, Sint-Jansvest 18, Gent
Madison Partners same network
€ 1 million gross margin · 2025
Miles Ahead Capital same network
€ -938,340 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0790.225.247
- VAT number
- BE 0790.225.247
- Registered office
- Sint-Jansvest 18 bus 1, 9000 Gent
- Names & denominations
- Miles Ahead Studio
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2022
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Vermogensbeheer