MELAK: 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.
MELAK
Largest movements
- Cash -€4,414
down €4,414 (-70.6%), from €6,256 to €1,842
mainly Debts after one year (-€80,000) and Other debts (-€14,554)
- Receivables within one year -€1,082
no longer reported in 2025 (was €1,082)
- Tangible fixed assets -€114
down €114 (-16.9%), from €671 to €558
- Profit (loss) carried forward +€91,128
up €91,128 (+42.6%), from -€214,136 to -€123,008
- Debts after one year -€80,000
down €80,000 (-47.1%), from €170,000 to €90,000
- Other debts -€14,554
down €14,554 (-63.3%), from €22,994 to €8,440
- Tax, wage and social debts -€1,834
down €1,834 (-69.1%), from €2,652 to €818
- Accrued charges and deferred income -€500
down €500 (-33.3%), from €1,500 to €1,000
- Gross operating margin +€87,189
up €87,189 (+1288.7%), from €6,766 to €93,955
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 | €8,010 | €2,400 | -€5,610 | -70.0% |
| Fixed assets | 21/28 | €671 | €558 | -€114 | -16.9% |
| Tangible fixed assets | 22/27 | €671 | €558 | -€114 | -16.9% |
| Furniture and vehicles | 24 | €671 | €558 | -€114 | -16.9% |
| Current assets | 29/58 | €7,339 | €1,842 | -€5,496 | -74.9% |
| Amounts receivable within one year | 40/41 | €1,082 | - | -€1,082 | |
| Trade receivables | 40 | €1,082 | - | -€1,082 | |
| Cash at bank and in hand | 54/58 | €6,256 | €1,842 | -€4,414 | -70.6% |
| Total equity and liabilities | 10/49 | €8,010 | €2,400 | -€5,610 | -70.0% |
| Equity | 10/15 | -€189,136 | -€98,008 | +€91,128 | +48.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,136 | -€123,008 | +€91,128 | +42.6% |
| Amounts payable | 17/49 | €197,145 | €100,408 | -€96,738 | -49.1% |
| Amounts payable after more than one year | 17 | €170,000 | €90,000 | -€80,000 | -47.1% |
| Other amounts payable | 178/9 | €170,000 | €90,000 | -€80,000 | -47.1% |
| Amounts payable within one year | 42/48 | €25,645 | €9,408 | -€16,238 | -63.3% |
| Trade debts | 44 | - | €150 | +€150 | |
| Suppliers | 440/4 | - | €150 | +€150 | |
| Taxes, remuneration and social security | 45 | €2,652 | €818 | -€1,834 | -69.1% |
| Taxes | 450/3 | €2,652 | €818 | -€1,834 | -69.1% |
| Other amounts payable | 47/48 | €22,994 | €8,440 | -€14,554 | -63.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,000 | -€500 | -33.3% |
| Non-recurring operating income | 76A | - | €78,031 | +€78,031 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114 | €114 | = | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Non-recurring operating charges | 66A | - | €2,641 | +€2,641 | |
| Gross operating margin | 9900 | €6,766 | €93,955 | +€87,189 | +1288.7% |
| Operating profit (loss) | 9901 | €6,265 | €91,200 | +€84,935 | +1355.8% |
| Financial charges | 65/66B | €61 | €72 | +€11 | +18.0% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €6,204 | €91,128 | +€84,924 | +1369.0% |
| Profit (loss) for the period | 9904 | €6,204 | €91,128 | +€84,924 | +1369.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,204 | €91,128 | +€84,924 | +1369.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.