IIke Mels: what changed
Two financial 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.
IIke Mels
Largest movements
- Receivables within one year +€17,700
up €17,700 (+4348.6%), from €407 to €18,107
of which Other amounts receivable: +€17,700
- Other debts +€44,351
up €44,351 (+114.4%), from €38,782 to €83,134
- Reserves -€28,560
down €28,560 (-8.7%), from €326,908 to €298,348
- Gross operating margin +€5,459
up €5,459 (+16.0%), from €34,056 to €39,516
- Financial charges -€2,787
down €2,787 (-22.2%), from €12,569 to €9,782
- Taxes +€2,500
up €2,500 (+69.6%), from €3,593 to €6,093
- Other operating charges -€534
down €534 (-39.8%), from €1,342 to €809
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 | €785,409 | €798,461 | +€13,051 | +1.7% |
| Fixed assets | 21/28 | €782,415 | €775,141 | -€7,274 | -0.9% |
| Tangible fixed assets | 22/27 | €32,415 | €25,141 | -€7,274 | -22.4% |
| Furniture and vehicles | 24 | €32,415 | €25,141 | -€7,274 | -22.4% |
| Financial fixed assets | 28 | €750,000 | €750,000 | = | 0.0% |
| Current assets | 29/58 | €2,994 | €23,320 | +€20,325 | +678.8% |
| Amounts receivable within one year | 40/41 | €407 | €18,107 | +€17,700 | +4348.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €407 | €18,107 | +€17,700 | +4348.6% |
| Cash at bank and in hand | 54/58 | €145 | €341 | +€195 | +134.8% |
| Deferred charges and accrued income | 490/1 | €2,442 | €4,872 | +€2,430 | +99.5% |
| Total equity and liabilities | 10/49 | €785,409 | €798,461 | +€13,051 | +1.7% |
| Equity | 10/15 | €327,908 | €299,348 | -€28,560 | -8.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €326,908 | €298,348 | -€28,560 | -8.7% |
| Distributable reserves | 133 | €326,908 | €298,348 | -€28,560 | -8.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €457,501 | €499,113 | +€41,611 | +9.1% |
| Amounts payable after more than one year | 17 | €386,353 | €381,523 | -€4,830 | -1.3% |
| Financial debts | 170/4 | €386,353 | €381,523 | -€4,830 | -1.3% |
| Amounts payable within one year | 42/48 | €61,502 | €110,289 | +€48,787 | +79.3% |
| Current portion of amounts payable after more than one year | 42 | €9,453 | €9,905 | +€452 | +4.8% |
| Trade debts | 44 | €1,604 | €1,273 | -€330 | -20.6% |
| Suppliers | 440/4 | €1,604 | €1,273 | -€330 | -20.6% |
| Taxes, remuneration and social security | 45 | €11,663 | €15,977 | +€4,314 | +37.0% |
| Taxes | 450/3 | €11,663 | €15,977 | +€4,314 | +37.0% |
| Other amounts payable | 47/48 | €38,782 | €83,134 | +€44,351 | +114.4% |
| Accrued charges and deferred income | 492/3 | €9,646 | €7,301 | -€2,345 | -24.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,974 | €9,369 | +€395 | +4.4% |
| Other operating charges | 640/8 | €1,342 | €809 | -€534 | -39.8% |
| Gross operating margin | 9900 | €34,056 | €39,516 | +€5,459 | +16.0% |
| Operating profit (loss) | 9901 | €23,740 | €29,338 | +€5,598 | +23.6% |
| Financial income | 75/76B | €0 | €126 | +€126 | |
| Recurring financial income | 75 | €0 | €126 | +€126 | |
| Financial charges | 65/66B | €12,569 | €9,782 | -€2,787 | -22.2% |
| Recurring financial charges | 65 | €12,569 | €9,782 | -€2,787 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €11,171 | €19,683 | +€8,512 | +76.2% |
| Income taxes | 67/77 | €3,593 | €6,093 | +€2,500 | +69.6% |
| Profit (loss) for the period | 9904 | €7,578 | €13,590 | +€6,012 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,578 | €13,590 | +€6,012 | +79.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.