De Melkbus: 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.
De Melkbus
Largest movements
- Tangible fixed assets -€35,478
down €35,478 (-7.8%), from €452,388 to €416,910
of which Furniture and vehicles: -€25,814
- Cash +€20,466
up €20,466 (+18.2%), from €112,636 to €133,103
mainly Depreciation (+€37,172) and Net result for the year (+€19,289)
- Trade debts -€32,693
down €32,693 (-47.8%), from €68,424 to €35,731
- Debts after one year -€29,879
down €29,879 (-8.6%), from €346,036 to €316,157
of which Financial debts: -€31,517
- Reserves +€19,000
up €19,000 (+21.2%), from €89,713 to €108,713
- Tax, wage and social debts +€17,356
up €17,356 (+190.0%), from €9,133 to €26,489
of which Remuneration and social security: +€9,300
- Other debts +€11,735
up €11,735 (+547.1%), from €2,145 to €13,880
- Gross operating margin -€8,868
down €8,868 (-9.3%), from €95,327 to €86,459
- Staff costs +€4,494
new in 2025: €4,494
- Taxes -€1,077
down €1,077 (-11.8%), from €9,133 to €8,056
- Depreciation -€956
down €956 (-2.5%), from €38,129 to €37,172
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 | €582,859 | €568,153 | -€14,705 | -2.5% |
| Fixed assets | 21/28 | €452,388 | €416,910 | -€35,478 | -7.8% |
| Tangible fixed assets | 22/27 | €452,388 | €416,910 | -€35,478 | -7.8% |
| Land and buildings | 22 | €341,993 | €333,831 | -€8,162 | -2.4% |
| Plant, machinery and equipment | 23 | €3,943 | €2,441 | -€1,502 | -38.1% |
| Furniture and vehicles | 24 | €106,452 | €80,638 | -€25,814 | -24.2% |
| Current assets | 29/58 | €130,471 | €151,244 | +€20,773 | +15.9% |
| Amounts receivable within one year | 40/41 | €7,676 | €10,955 | +€3,279 | +42.7% |
| Trade receivables | 40 | €810 | - | -€810 | |
| Other amounts receivable | 41 | €6,866 | €10,955 | +€4,089 | +59.5% |
| Cash at bank and in hand | 54/58 | €112,636 | €133,103 | +€20,466 | +18.2% |
| Deferred charges and accrued income | 490/1 | €10,159 | €7,186 | -€2,973 | -29.3% |
| Total equity and liabilities | 10/49 | €582,859 | €568,153 | -€14,705 | -2.5% |
| Equity | 10/15 | €125,091 | €144,380 | +€19,289 | +15.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €89,713 | €108,713 | +€19,000 | +21.2% |
| Distributable reserves | 133 | €89,713 | €108,713 | +€19,000 | +21.2% |
| Profit (loss) carried forward | 14 | €30,379 | €30,667 | +€289 | +1.0% |
| Amounts payable | 17/49 | €457,767 | €423,773 | -€33,994 | -7.4% |
| Amounts payable after more than one year | 17 | €346,036 | €316,157 | -€29,879 | -8.6% |
| Financial debts | 170/4 | €346,036 | €314,519 | -€31,517 | -9.1% |
| Other amounts payable | 178/9 | - | €1,638 | +€1,638 | |
| Amounts payable within one year | 42/48 | €111,732 | €107,616 | -€4,115 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €32,030 | €31,517 | -€513 | -1.6% |
| Trade debts | 44 | €68,424 | €35,731 | -€32,693 | -47.8% |
| Suppliers | 440/4 | €68,424 | €35,731 | -€32,693 | -47.8% |
| Taxes, remuneration and social security | 45 | €9,133 | €26,489 | +€17,356 | +190.0% |
| Taxes | 450/3 | €9,133 | €17,189 | +€8,056 | +88.2% |
| Remuneration and social security | 454/9 | - | €9,300 | +€9,300 | |
| Other amounts payable | 47/48 | €2,145 | €13,880 | +€11,735 | +547.1% |
| Remuneration, social security and pensions | 62 | - | €4,494 | +€4,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,129 | €37,172 | -€956 | -2.5% |
| Other operating charges | 640/8 | €771 | €1,129 | +€358 | +46.5% |
| Gross operating margin | 9900 | €95,327 | €86,459 | -€8,868 | -9.3% |
| Operating profit (loss) | 9901 | €56,428 | €43,665 | -€12,763 | -22.6% |
| Financial charges | 65/66B | €15,832 | €16,320 | +€488 | +3.1% |
| Recurring financial charges | 65 | €15,832 | €16,320 | +€488 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €40,596 | €27,345 | -€13,251 | -32.6% |
| Income taxes | 67/77 | €9,133 | €8,056 | -€1,077 | -11.8% |
| Profit (loss) for the period | 9904 | €31,463 | €19,289 | -€12,174 | -38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,463 | €19,289 | -€12,174 | -38.7% |
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 5 October 2026 via checked.be.