MEL-IT: 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.
MEL-IT
Largest movements
- Tangible fixed assets +€57,981
up €57,981 (+3863.5%), from €1,501 to €59,482
of which Furniture and vehicles: +€58,057
- Cash -€36,361
down €36,361 (-25.0%), from €145,584 to €109,223
mainly Investment in fixed assets (net) (-€60,884) and Contributions, distributions and other (-€51,376)
- Receivables after one year -€27,000
down €27,000 (-54.0%), from €50,000 to €23,000
- Receivables within one year -€17,093
down €17,093 (-48.0%), from €35,583 to €18,490
of which Other amounts receivable: -€15,321
- Reserves -€36,849
down €36,849 (-16.6%), from €222,293 to €185,444
of which Distributable reserves: -€34,989
- Profit (loss) carried forward +€11,032
no longer reported in 2025 (was -€11,032)
- Other debts +€3,506
new in 2025: €3,506
- Gross operating margin +€60,573
up €60,573, from -€28,045 to €32,529
- Taxes +€3,462
new in 2025: €3,462
- Depreciation +€1,988
up €1,988 (+217.3%), from €915 to €2,903
- Financial income +€524
up €524 (+194.7%), from €269 to €793
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 | €235,047 | €213,965 | -€21,082 | -9.0% |
| Fixed assets | 21/28 | €1,501 | €59,482 | +€57,981 | +3863.5% |
| Tangible fixed assets | 22/27 | €1,501 | €59,482 | +€57,981 | +3863.5% |
| Land and buildings | 22 | €152 | €76 | -€76 | -50.0% |
| Furniture and vehicles | 24 | €1,349 | €59,406 | +€58,057 | +4304.5% |
| Current assets | 29/58 | €233,546 | €154,482 | -€79,064 | -33.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €23,000 | -€27,000 | -54.0% |
| Trade receivables | 290 | €50,000 | €23,000 | -€27,000 | -54.0% |
| Amounts receivable within one year | 40/41 | €35,583 | €18,490 | -€17,093 | -48.0% |
| Trade receivables | 40 | €13,492 | €11,720 | -€1,772 | -13.1% |
| Other amounts receivable | 41 | €22,091 | €6,770 | -€15,321 | -69.4% |
| Cash at bank and in hand | 54/58 | €145,584 | €109,223 | -€36,361 | -25.0% |
| Deferred charges and accrued income | 490/1 | €2,379 | €3,770 | +€1,391 | +58.5% |
| Total equity and liabilities | 10/49 | €235,047 | €213,965 | -€21,082 | -9.0% |
| Equity | 10/15 | €229,860 | €204,044 | -€25,817 | -11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €222,293 | €185,444 | -€36,849 | -16.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €220,433 | €185,444 | -€34,989 | -15.9% |
| Profit (loss) carried forward | 14 | -€11,032 | - | +€11,032 | |
| Amounts payable | 17/49 | €5,186 | €9,921 | +€4,734 | +91.3% |
| Amounts payable within one year | 42/48 | €5,186 | €9,921 | +€4,734 | +91.3% |
| Trade debts | 44 | €2,922 | €4,088 | +€1,166 | +39.9% |
| Suppliers | 440/4 | €2,922 | €4,088 | +€1,166 | +39.9% |
| Taxes, remuneration and social security | 45 | €2,264 | €2,327 | +€62 | +2.8% |
| Taxes | 450/3 | €2,264 | €2,327 | +€62 | +2.8% |
| Other amounts payable | 47/48 | - | €3,506 | +€3,506 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €915 | €2,903 | +€1,988 | +217.3% |
| Other operating charges | 640/8 | €682 | €794 | +€112 | +16.4% |
| Gross operating margin | 9900 | -€28,045 | €32,529 | +€60,573 | |
| Operating profit (loss) | 9901 | -€29,641 | €28,833 | +€58,473 | |
| Financial income | 75/76B | €269 | €793 | +€524 | +194.7% |
| Recurring financial income | 75 | €269 | €793 | +€524 | +194.7% |
| Financial charges | 65/66B | €631 | €603 | -€28 | -4.4% |
| Recurring financial charges | 65 | €631 | €603 | -€28 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,003 | €29,022 | +€59,025 | |
| Income taxes | 67/77 | - | €3,462 | +€3,462 | |
| Profit (loss) for the period | 9904 | -€30,003 | €25,560 | +€55,563 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,003 | €25,560 | +€55,563 |
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 8 October 2026 via checked.be.