Kantoor Melis: what changed
Kantoor Melis
Largest movements
- Tangible fixed assets -€123,209
down €123,209 (-8.8%), from €1.4m to €1.3m
of which Furniture and vehicles: -€66,288
- Current investments -€73,140
down €73,140 (-100%), from €73,140 to €0
- Cash +€70,129
up €70,129 (+153%), from €45,953 to €116,083
mainly Depreciation (+€209,268) and Current portion of long-term debt (+€154,387)
- Intangible fixed assets -€44,571
down €44,571 (-31.9%), from €139,875 to €95,304
- Receivables within one year +€19,685
up €19,685 (+33.3%), from €59,090 to €78,775
- Debts after one year -€269,228
down €269,228 (-29.0%), from €928,522 to €659,295
- Current portion of long-term debt +€154,387
new in 2025: €154,387
- Reserves -€30,158
down €30,158 (-4.1%), from €735,960 to €705,802
of which Distributable reserves: -€30,158
- Gross operating margin -€266,918
down €266,918 (-25.0%), from €1.1m to €801,256
- Staff costs -€206,586
down €206,586 (-29.8%), from €694,130 to €487,543
- Taxes -€30,697
down €30,697 (-45.1%), from €68,043 to €37,346
- Financial income +€22,905
up €22,905 (+4,703%), from €487 to €23,392
of which Non-recurring financial income: +€16,813
- Other operating charges -€13,988
down €13,988 (-55.5%), from €25,218 to €11,229
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,727,813 | €1,574,580 | -€153,233 | -8.9% |
| Fixed assets | 21/28 | €1,538,388 | €1,370,608 | -€167,780 | -10.9% |
| Intangible fixed assets | 21 | €139,875 | €95,304 | -€44,571 | -31.9% |
| Tangible fixed assets | 22/27 | €1,397,273 | €1,274,065 | -€123,209 | -8.8% |
| Land and buildings | 22 | €496,653 | €439,732 | -€56,921 | -11.5% |
| Plant, machinery and equipment | 23 | €8,502 | €8,502 | = | 0.0% |
| Furniture and vehicles | 24 | €880,958 | €814,670 | -€66,288 | -7.5% |
| Other tangible fixed assets | 26 | €11,160 | €11,160 | = | 0.0% |
| Financial fixed assets | 28 | €1,240 | €1,240 | = | 0.0% |
| Current assets | 29/58 | €189,425 | €203,972 | +€14,547 | +7.7% |
| Amounts receivable within one year | 40/41 | €59,090 | €78,775 | +€19,685 | +33.3% |
| Other amounts receivable | 41 | €59,090 | €78,775 | +€19,685 | +33.3% |
| Current investments | 50/53 | €73,140 | €0 | -€73,140 | -100% |
| Cash at bank and in hand | 54/58 | €45,953 | €116,083 | +€70,129 | +153% |
| Deferred charges and accrued income | 490/1 | €11,242 | €9,114 | -€2,128 | -18.9% |
| Total equity and liabilities | 10/49 | €1,727,813 | €1,574,580 | -€153,233 | -8.9% |
| Equity | 10/15 | €755,960 | €725,802 | -€30,158 | -4.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €735,960 | €705,802 | -€30,158 | -4.1% |
| Tax-exempt reserves | 132 | €48,745 | €48,745 | = | 0.0% |
| Distributable reserves | 133 | €687,215 | €657,057 | -€30,158 | -4.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €971,853 | €848,777 | -€123,075 | -12.7% |
| Amounts payable after more than one year | 17 | €928,522 | €659,295 | -€269,228 | -29.0% |
| Financial debts | 170/4 | €928,522 | €659,295 | -€269,228 | -29.0% |
| Amounts payable within one year | 42/48 | €27,698 | €189,483 | +€161,785 | +584% |
| Current portion of amounts payable after more than one year | 42 | - | €154,387 | +€154,387 | |
| Trade debts | 44 | €20,892 | €28,797 | +€7,905 | +37.8% |
| Suppliers | 440/4 | €20,892 | €28,797 | +€7,905 | +37.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,806 | €6,299 | -€507 | -7.4% |
| Accrued charges and deferred income | 492/3 | €15,632 | €0 | -€15,632 | -100% |
| Non-recurring operating income | 76A | €0 | €18,434 | +€18,434 | |
| Remuneration, social security and pensions | 62 | €694,130 | €487,543 | -€206,586 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,604 | €209,268 | -€7,336 | -3.4% |
| Other operating charges | 640/8 | €25,218 | €11,229 | -€13,988 | -55.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,068,174 | €801,256 | -€266,918 | -25.0% |
| Operating profit (loss) | 9901 | €132,223 | €93,215 | -€39,008 | -29.5% |
| Financial income | 75/76B | €487 | €23,392 | +€22,905 | +4,703% |
| Recurring financial income | 75 | €487 | €6,579 | +€6,092 | +1,251% |
| Non-recurring financial income | 76B | - | €16,813 | +€16,813 | |
| Financial charges | 65/66B | €20,803 | €18,419 | -€2,384 | -11.5% |
| Recurring financial charges | 65 | €20,803 | €18,419 | -€2,384 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €111,907 | €98,188 | -€13,719 | -12.3% |
| Income taxes | 67/77 | €68,043 | €37,346 | -€30,697 | -45.1% |
| Profit (loss) for the period | 9904 | €43,864 | €60,842 | +€16,978 | +38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,864 | €60,842 | +€16,978 | +38.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.