LE MELVINE: 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.
LE MELVINE
Largest movements
- Cash +€14,220
up €14,220 (+188.1%), from €7,561 to €21,781
mainly Net result for the year (+€29,979) and Depreciation (+€4,009)
- Tangible fixed assets +€4,658
up €4,658 (+201.3%), from €2,314 to €6,973
of which Furniture and vehicles: +€4,818
- Intangible fixed assets -€2,600
down €2,600 (-33.3%), from €7,800 to €5,200
- Stocks and contracts -€2,285
down €2,285 (-61.1%), from €3,741 to €1,456
- Deferred charges and accrued income -€1,046
down €1,046 (-61.8%), from €1,692 to €647
- Profit (loss) carried forward +€29,979
up €29,979 (+48.8%), from -€61,439 to -€31,460
- Trade debts -€6,990
down €6,990 (-72.3%), from €9,668 to €2,677
- Other debts -€6,682
down €6,682 (-41.1%), from €16,248 to €9,566
- Tax, wage and social debts -€3,578
down €3,578 (-11.7%), from €30,493 to €26,914
of which Taxes: -€4,049
- Gross operating margin +€36,259
up €36,259 (+121.9%), from €29,743 to €66,001
- Taxes +€9,571
up €9,571 (+394.0%), from €2,429 to €12,000
- Other operating charges -€8,287
down €8,287 (-49.1%), from €16,891 to €8,604
- Depreciation +€1,208
up €1,208 (+43.1%), from €2,802 to €4,009
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 | €29,628 | €42,356 | +€12,729 | +43.0% |
| Fixed assets | 21/28 | €16,177 | €18,236 | +€2,058 | +12.7% |
| Intangible fixed assets | 21 | €7,800 | €5,200 | -€2,600 | -33.3% |
| Tangible fixed assets | 22/27 | €2,314 | €6,973 | +€4,658 | +201.3% |
| Furniture and vehicles | 24 | €1,960 | €6,778 | +€4,818 | +245.9% |
| Leasing and similar rights | 25 | €354 | - | -€354 | |
| Other tangible fixed assets | 26 | - | €195 | +€195 | |
| Financial fixed assets | 28 | €6,063 | €6,063 | = | 0.0% |
| Current assets | 29/58 | €13,450 | €24,120 | +€10,670 | +79.3% |
| Stocks and contracts in progress | 3 | €3,741 | €1,456 | -€2,285 | -61.1% |
| Stocks | 30/36 | €3,741 | €1,456 | -€2,285 | -61.1% |
| Amounts receivable within one year | 40/41 | €456 | €237 | -€218 | -47.9% |
| Trade receivables | 40 | €456 | €237 | -€218 | -47.9% |
| Cash at bank and in hand | 54/58 | €7,561 | €21,781 | +€14,220 | +188.1% |
| Deferred charges and accrued income | 490/1 | €1,692 | €647 | -€1,046 | -61.8% |
| Total equity and liabilities | 10/49 | €29,628 | €42,356 | +€12,729 | +43.0% |
| Equity | 10/15 | -€40,264 | -€10,285 | +€29,979 | +74.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,575 | €2,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €715 | €715 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,439 | -€31,460 | +€29,979 | +48.8% |
| Amounts payable | 17/49 | €69,892 | €52,641 | -€17,250 | -24.7% |
| Amounts payable within one year | 42/48 | €56,408 | €39,158 | -€17,250 | -30.6% |
| Trade debts | 44 | €9,668 | €2,677 | -€6,990 | -72.3% |
| Suppliers | 440/4 | €9,668 | €2,677 | -€6,990 | -72.3% |
| Taxes, remuneration and social security | 45 | €30,493 | €26,914 | -€3,578 | -11.7% |
| Taxes | 450/3 | €22,619 | €18,570 | -€4,049 | -17.9% |
| Remuneration and social security | 454/9 | €7,873 | €8,344 | +€471 | +6.0% |
| Other amounts payable | 47/48 | €16,248 | €9,566 | -€6,682 | -41.1% |
| Accrued charges and deferred income | 492/3 | €13,484 | €13,484 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €9,664 | €10,042 | +€378 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,802 | €4,009 | +€1,208 | +43.1% |
| Other operating charges | 640/8 | €16,891 | €8,604 | -€8,287 | -49.1% |
| Gross operating margin | 9900 | €29,743 | €66,001 | +€36,259 | +121.9% |
| Operating profit (loss) | 9901 | €386 | €43,346 | +€42,960 | +11126.7% |
| Financial income | 75/76B | €150 | - | -€150 | |
| Recurring financial income | 75 | €150 | - | -€150 | |
| Financial charges | 65/66B | €1,860 | €1,368 | -€492 | -26.5% |
| Recurring financial charges | 65 | €1,860 | €1,368 | -€492 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,324 | €41,979 | +€43,302 | |
| Income taxes | 67/77 | €2,429 | €12,000 | +€9,571 | +394.0% |
| Profit (loss) for the period | 9904 | -€3,753 | €29,979 | +€33,732 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,753 | €29,979 | +€33,732 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.