MELAGRI SERVICES: 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.
MELAGRI SERVICES
Largest movements
- Current investments +€1.1m
new in 2025: €1.1m
- Stocks and contracts +€753,125
up €753,125 (+64.7%), from €1.2m to €1.9m
- Cash -€601,872
down €601,872 (-62.9%), from €956,785 to €354,913
mainly Current investments (-€1.1m) and Stocks and contracts (-€753,125)
- Receivables within one year -€129,416
down €129,416 (-20.9%), from €620,312 to €490,896
of which Trade receivables: -€127,669
- Tangible fixed assets -€66,259
down €66,259 (-6.5%), from €1.0m to €954,219
of which Land and buildings: -€62,841
- Trade debts +€667,465
up €667,465 (+208%), from €320,616 to €988,080
- Reserves +€255,637
up €255,637 (+16.2%), from €1.6m to €1.8m
of which Distributable reserves: +€371,280
- Provisions +€89,701
up €89,701 (+283%), from €31,675 to €121,376
of which Provisions for liabilities and charges: +€92,341
- Advances received +€73,288
up €73,288 (+161%), from €45,611 to €118,899
- Debts after one year -€62,659
down €62,659 (-11.2%), from €557,465 to €494,806
- Gross operating margin -€192,744
down €192,744 (-16.7%), from €1.2m to €961,270
- Provisions +€92,341
new in 2025: €92,341
- Financial charges +€84,997
up €84,997 (+1,100%), from €7,727 to €92,724
- Write-downs -€53,821
down €53,821 (-70.6%), from €76,221 to €22,400
- Taxes -€49,811
down €49,811 (-27.1%), from €183,840 to €134,029
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 | €3,805,058 | €4,861,110 | +€1.1m | +27.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,023,278 | €957,019 | -€66,259 | -6.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,020,478 | €954,219 | -€66,259 | -6.5% |
| Land and buildings | 22 | €932,240 | €869,399 | -€62,841 | -6.7% |
| Plant, machinery and equipment | 23 | €47,338 | €57,101 | +€9,763 | +20.6% |
| Furniture and vehicles | 24 | €40,900 | €27,719 | -€13,181 | -32.2% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €2,781,780 | €3,904,091 | +€1.1m | +40.3% |
| Stocks and contracts in progress | 3 | €1,164,440 | €1,917,565 | +€753,125 | +64.7% |
| Stocks | 30/36 | €1,164,440 | €1,917,565 | +€753,125 | +64.7% |
| Amounts receivable within one year | 40/41 | €620,312 | €490,896 | -€129,416 | -20.9% |
| Trade receivables | 40 | €617,220 | €489,551 | -€127,669 | -20.7% |
| Other amounts receivable | 41 | €3,092 | €1,345 | -€1,747 | -56.5% |
| Current investments | 50/53 | - | €1,100,000 | +€1.1m | |
| Cash at bank and in hand | 54/58 | €956,785 | €354,913 | -€601,872 | -62.9% |
| Deferred charges and accrued income | 490/1 | €40,243 | €40,717 | +€474 | +1.2% |
| Total equity and liabilities | 10/49 | €3,805,058 | €4,861,110 | +€1.1m | +27.8% |
| Equity | 10/15 | €2,631,784 | €2,888,636 | +€256,852 | +9.8% |
| Contributions | 10/11 | €252,250 | €252,250 | = | 0.0% |
| Reserves | 13 | €1,573,994 | €1,829,631 | +€255,637 | +16.2% |
| Non-distributable reserves | 130/1 | €2,523 | €2,523 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,523 | €2,523 | = | 0.0% |
| Tax-exempt reserves | 132 | €823,471 | €707,829 | -€115,643 | -14.0% |
| Distributable reserves | 133 | €748,000 | €1,119,280 | +€371,280 | +49.6% |
| Profit (loss) carried forward | 14 | €757,940 | €762,555 | +€4,615 | +0.6% |
| Investment grants | 15 | €47,600 | €44,200 | -€3,400 | -7.1% |
| Provisions and deferred taxes | 16 | €31,675 | €121,376 | +€89,701 | +283% |
| Provisions for liabilities and charges | 160/5 | - | €92,341 | +€92,341 | |
| Other liabilities and charges | 164/5 | - | €92,341 | +€92,341 | |
| Deferred taxes | 168 | €31,675 | €29,035 | -€2,640 | -8.3% |
| Amounts payable | 17/49 | €1,141,599 | €1,851,098 | +€709,500 | +62.1% |
| Amounts payable after more than one year | 17 | €557,465 | €494,806 | -€62,659 | -11.2% |
| Financial debts | 170/4 | €557,465 | €494,806 | -€62,659 | -11.2% |
| Amounts payable within one year | 42/48 | €584,134 | €1,356,292 | +€772,158 | +132% |
| Current portion of amounts payable after more than one year | 42 | €79,253 | €91,536 | +€12,283 | +15.5% |
| Trade debts | 44 | €320,616 | €988,080 | +€667,465 | +208% |
| Suppliers | 440/4 | €320,616 | €988,080 | +€667,465 | +208% |
| Advances received on contracts in progress | 46 | €45,611 | €118,899 | +€73,288 | +161% |
| Taxes, remuneration and social security | 45 | €49,582 | €82,306 | +€32,724 | +66.0% |
| Taxes | 450/3 | €10,139 | €18,016 | +€7,877 | +77.7% |
| Remuneration and social security | 454/9 | €39,443 | €64,290 | +€24,847 | +63.0% |
| Other amounts payable | 47/48 | €89,073 | €75,471 | -€13,601 | -15.3% |
| Remuneration, social security and pensions | 62 | €283,603 | €294,293 | +€10,690 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,476 | €108,929 | +€22,453 | +26.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €76,221 | €22,400 | -€53,821 | -70.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €92,341 | +€92,341 | |
| Other operating charges | 640/8 | €8,094 | €7,123 | -€971 | -12.0% |
| Gross operating margin | 9900 | €1,154,014 | €961,270 | -€192,744 | -16.7% |
| Operating profit (loss) | 9901 | €699,620 | €436,185 | -€263,436 | -37.7% |
| Financial income | 75/76B | €21,163 | €48,181 | +€27,018 | +128% |
| Recurring financial income | 75 | €21,163 | €48,181 | +€27,018 | +128% |
| Financial charges | 65/66B | €7,727 | €92,724 | +€84,997 | +1,100% |
| Recurring financial charges | 65 | €7,727 | €92,724 | +€84,997 | +1,100% |
| Profit (loss) for the period before taxes | 9903 | €713,057 | €391,641 | -€321,415 | -45.1% |
| Transfer from deferred taxes | 780 | €2,640 | €2,640 | = | 0.0% |
| Income taxes | 67/77 | €183,840 | €134,029 | -€49,811 | -27.1% |
| Profit (loss) for the period | 9904 | €531,856 | €260,252 | -€271,604 | -51.1% |
| Transfer from tax-exempt reserves | 789 | €7,919 | €294,199 | +€286,280 | +3,615% |
| Transfer to tax-exempt reserves | 689 | €261,137 | €178,556 | -€82,581 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €278,638 | €375,895 | +€97,257 | +34.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.