LE MELBA: 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.
LE MELBA
Largest movements
- Cash +€34,281
up €34,281 (+580%), from €5,913 to €40,194
mainly Debts after one year (+€27,478) and Net result for the year (+€20,735)
- Tangible fixed assets +€28,387
up €28,387 (+120%), from €23,660 to €52,047
of which Furniture and vehicles: +€30,920
- Receivables within one year +€10,202
up €10,202 (+24.6%), from €41,405 to €51,607
of which Trade receivables: +€6,397
- Deferred charges and accrued income +€2,120
up €2,120 (+89.8%), from €2,362 to €4,482
- Debts after one year +€27,478
new in 2025: €27,478
- Trade debts +€20,727
up €20,727 (+263%), from €7,867 to €28,594
- Reserves +€20,000
up €20,000 (+1,052%), from €1,901 to €21,901
of which Distributable reserves: +€20,000
- Current portion of long-term debt +€7,097
up €7,097 (+118%), from €6,000 to €13,097
- Other debts -€3,823
down €3,823 (-20.2%), from €18,903 to €15,080
- Gross operating margin +€39,864
up €39,864 (+1,064%), from €3,746 to €43,610
- Depreciation +€6,987
up €6,987 (+93.2%), from €7,495 to €14,482
- Taxes +€6,550
new in 2025: €6,550
- Other operating charges -€1,002
down €1,002 (-53.8%), from €1,861 to €859
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.
Derived cash bridge
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 | €75,779 | €149,411 | +€73,632 | +97.2% |
| Fixed assets | 21/28 | €23,660 | €52,047 | +€28,387 | +120% |
| Tangible fixed assets | 22/27 | €23,660 | €52,047 | +€28,387 | +120% |
| Plant, machinery and equipment | 23 | €23,660 | €21,127 | -€2,533 | -10.7% |
| Furniture and vehicles | 24 | €0 | €30,920 | +€30,920 | |
| Current assets | 29/58 | €52,119 | €97,364 | +€45,245 | +86.8% |
| Stocks and contracts in progress | 3 | €2,439 | €1,080 | -€1,359 | -55.7% |
| Stocks | 30/36 | €2,439 | €1,080 | -€1,359 | -55.7% |
| Amounts receivable within one year | 40/41 | €41,405 | €51,607 | +€10,202 | +24.6% |
| Trade receivables | 40 | €31,287 | €37,684 | +€6,397 | +20.4% |
| Other amounts receivable | 41 | €10,118 | €13,923 | +€3,805 | +37.6% |
| Cash at bank and in hand | 54/58 | €5,913 | €40,194 | +€34,281 | +580% |
| Deferred charges and accrued income | 490/1 | €2,362 | €4,482 | +€2,120 | +89.8% |
| Total equity and liabilities | 10/49 | €75,779 | €149,411 | +€73,632 | +97.2% |
| Equity | 10/15 | €43,009 | €62,911 | +€19,902 | +46.3% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €1,901 | €21,901 | +€20,000 | +1,052% |
| Non-distributable reserves | 130/1 | €1,901 | €1,901 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,901 | €1,901 | +€0 | 0.0% |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €22,516 | €22,418 | -€98 | -0.4% |
| Amounts payable | 17/49 | €32,770 | €86,500 | +€53,730 | +164% |
| Amounts payable after more than one year | 17 | - | €27,478 | +€27,478 | |
| Financial debts | 170/4 | - | €27,478 | +€27,478 | |
| Amounts payable within one year | 42/48 | €32,770 | €59,021 | +€26,251 | +80.1% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €13,097 | +€7,097 | +118% |
| Trade debts | 44 | €7,867 | €28,594 | +€20,727 | +263% |
| Suppliers | 440/4 | €7,867 | €28,594 | +€20,727 | +263% |
| Taxes, remuneration and social security | 45 | - | €2,250 | +€2,250 | |
| Taxes | 450/3 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €18,903 | €15,080 | -€3,823 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,495 | €14,482 | +€6,987 | +93.2% |
| Other operating charges | 640/8 | €1,861 | €859 | -€1,002 | -53.8% |
| Gross operating margin | 9900 | €3,746 | €43,610 | +€39,864 | +1,064% |
| Operating profit (loss) | 9901 | -€5,610 | €28,269 | +€33,879 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -94.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -94.3% |
| Financial charges | 65/66B | €736 | €984 | +€248 | +33.7% |
| Recurring financial charges | 65 | €736 | €984 | +€248 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,343 | €27,285 | +€33,628 | |
| Income taxes | 67/77 | - | €6,550 | +€6,550 | |
| Profit (loss) for the period | 9904 | -€6,343 | €20,735 | +€27,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,343 | €20,735 | +€27,078 |
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 18 October 2026 via checked.be.