MELAN ENGINEERING: 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.
MELAN ENGINEERING
Largest movements
- Cash -€43,855
down €43,855 (-48.2%), from €91,030 to €47,175
mainly Contributions, distributions and other (-€60,000) and Debts after one year (-€11,622)
- Tangible fixed assets -€11,202
down €11,202 (-25.3%), from €44,197 to €32,995
of which Leasing and similar rights: -€11,728
- Receivables within one year +€10,488
up €10,488 (+24.3%), from €43,221 to €53,709
of which Trade receivables: +€22,322
- Deferred charges and accrued income -€3,199
down €3,199 (-66.4%), from €4,817 to €1,618
- Profit (loss) carried forward -€19,945
down €19,945 (-46.9%), from €42,510 to €22,565
- Debts after one year -€11,622
no longer reported in 2025 (was €11,622)
- Trade debts -€11,246
down €11,246 (-64.7%), from €17,384 to €6,138
- Other debts -€7,890
down €7,890 (-12.5%), from €63,344 to €55,454
- Tax, wage and social debts +€4,886
up €4,886 (+21.1%), from €23,127 to €28,013
of which Remuneration and social security: +€6,012
- Gross operating margin +€5,251
up €5,251 (+8.4%), from €62,642 to €67,893
- Taxes -€3,946
down €3,946 (-24.0%), from €16,420 to €12,474
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 | €183,558 | €135,791 | -€47,767 | -26.0% |
| Fixed assets | 21/28 | €44,490 | €33,289 | -€11,201 | -25.2% |
| Tangible fixed assets | 22/27 | €44,197 | €32,995 | -€11,202 | -25.3% |
| Land and buildings | 22 | €716 | €618 | -€98 | -13.7% |
| Furniture and vehicles | 24 | €360 | €985 | +€625 | +173.5% |
| Leasing and similar rights | 25 | €43,121 | €31,393 | -€11,728 | -27.2% |
| Financial fixed assets | 28 | €293 | €293 | +€0 | +0.1% |
| Current assets | 29/58 | €139,068 | €102,502 | -€36,566 | -26.3% |
| Amounts receivable within one year | 40/41 | €43,221 | €53,709 | +€10,488 | +24.3% |
| Trade receivables | 40 | €26,345 | €48,667 | +€22,322 | +84.7% |
| Other amounts receivable | 41 | €16,876 | €5,042 | -€11,834 | -70.1% |
| Cash at bank and in hand | 54/58 | €91,030 | €47,175 | -€43,855 | -48.2% |
| Deferred charges and accrued income | 490/1 | €4,817 | €1,618 | -€3,199 | -66.4% |
| Total equity and liabilities | 10/49 | €183,558 | €135,791 | -€47,767 | -26.0% |
| Equity | 10/15 | €54,510 | €34,565 | -€19,945 | -36.6% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,510 | €22,565 | -€19,945 | -46.9% |
| Amounts payable | 17/49 | €129,048 | €101,226 | -€27,822 | -21.6% |
| Amounts payable after more than one year | 17 | €11,622 | - | -€11,622 | |
| Financial debts | 170/4 | €11,622 | - | -€11,622 | |
| Amounts payable within one year | 42/48 | €117,426 | €101,226 | -€16,200 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €13,486 | €11,622 | -€1,864 | -13.8% |
| Financial debts | 43 | €85 | - | -€85 | |
| Credit institutions | 430/8 | €85 | - | -€85 | |
| Trade debts | 44 | €17,384 | €6,138 | -€11,246 | -64.7% |
| Suppliers | 440/4 | €17,384 | €6,138 | -€11,246 | -64.7% |
| Taxes, remuneration and social security | 45 | €23,127 | €28,013 | +€4,886 | +21.1% |
| Taxes | 450/3 | €23,127 | €22,001 | -€1,126 | -4.9% |
| Remuneration and social security | 454/9 | - | €6,012 | +€6,012 | |
| Other amounts payable | 47/48 | €63,344 | €55,454 | -€7,890 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,068 | €12,158 | +€90 | +0.7% |
| Other operating charges | 640/8 | €2,270 | €2,349 | +€79 | +3.5% |
| Gross operating margin | 9900 | €62,642 | €67,893 | +€5,251 | +8.4% |
| Operating profit (loss) | 9901 | €48,304 | €53,386 | +€5,082 | +10.5% |
| Financial charges | 65/66B | €1,375 | €858 | -€517 | -37.6% |
| Recurring financial charges | 65 | €1,375 | €858 | -€517 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €46,929 | €52,529 | +€5,600 | +11.9% |
| Income taxes | 67/77 | €16,420 | €12,474 | -€3,946 | -24.0% |
| Profit (loss) for the period | 9904 | €30,509 | €40,055 | +€9,546 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,509 | €40,055 | +€9,546 | +31.3% |
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 7 October 2026 via checked.be.