Melange: 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.
Melange
Largest movements
- Tangible fixed assets -€30,367
down €30,367 (-15.3%), from €198,475 to €168,108
of which Plant, machinery and equipment: -€30,556
- Receivables within one year +€24,931
up €24,931 (+44.4%), from €56,173 to €81,105
of which Other amounts receivable: +€20,690
- Cash +€21,508
up €21,508 (+82.1%), from €26,186 to €47,693
mainly Depreciation (+€46,403) and Other debts (+€45,559)
- Reserves -€50,000
no longer reported in 2025 (was €50,000)
- Other debts +€45,559
up €45,559 (+3826.1%), from €1,191 to €46,750
- Debts after one year -€44,314
down €44,314 (-79.9%), from €55,458 to €11,144
- Tax, wage and social debts +€32,847
up €32,847 (+131.8%), from €24,930 to €57,777
of which Remuneration and social security: +€26,232
- Profit (loss) carried forward +€29,269
up €29,269 (+49.1%), from €59,669 to €88,938
- Staff costs -€15,407
down €15,407 (-5.4%), from €284,611 to €269,204
- Gross operating margin -€7,177
down €7,177 (-1.9%), from €376,428 to €369,251
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 | €293,510 | €310,599 | +€17,089 | +5.8% |
| Fixed assets | 21/28 | €199,475 | €169,108 | -€30,367 | -15.2% |
| Tangible fixed assets | 22/27 | €198,475 | €168,108 | -€30,367 | -15.3% |
| Plant, machinery and equipment | 23 | €179,182 | €148,627 | -€30,556 | -17.1% |
| Furniture and vehicles | 24 | €1,466 | €3,887 | +€2,421 | +165.2% |
| Leasing and similar rights | 25 | €3,161 | - | -€3,161 | |
| Other tangible fixed assets | 26 | €14,666 | €15,594 | +€928 | +6.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €94,035 | €141,491 | +€47,456 | +50.5% |
| Stocks and contracts in progress | 3 | €8,567 | €9,324 | +€758 | +8.8% |
| Stocks | 30/36 | €8,567 | €9,324 | +€758 | +8.8% |
| Amounts receivable within one year | 40/41 | €56,173 | €81,105 | +€24,931 | +44.4% |
| Trade receivables | 40 | €18,214 | €22,456 | +€4,241 | +23.3% |
| Other amounts receivable | 41 | €37,959 | €58,649 | +€20,690 | +54.5% |
| Cash at bank and in hand | 54/58 | €26,186 | €47,693 | +€21,508 | +82.1% |
| Deferred charges and accrued income | 490/1 | €3,109 | €3,369 | +€260 | +8.3% |
| Total equity and liabilities | 10/49 | €293,510 | €310,599 | +€17,089 | +5.8% |
| Equity | 10/15 | €110,669 | €89,938 | -€20,731 | -18.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €50,000 | - | -€50,000 | |
| Distributable reserves | 133 | €50,000 | - | -€50,000 | |
| Profit (loss) carried forward | 14 | €59,669 | €88,938 | +€29,269 | +49.1% |
| Amounts payable | 17/49 | €182,841 | €220,660 | +€37,819 | +20.7% |
| Amounts payable after more than one year | 17 | €55,458 | €11,144 | -€44,314 | -79.9% |
| Financial debts | 170/4 | €55,458 | €11,144 | -€44,314 | -79.9% |
| Amounts payable within one year | 42/48 | €127,383 | €209,516 | +€82,133 | +64.5% |
| Current portion of amounts payable after more than one year | 42 | €55,013 | €50,741 | -€4,271 | -7.8% |
| Trade debts | 44 | €46,250 | €30,445 | -€15,804 | -34.2% |
| Suppliers | 440/4 | €46,250 | €30,445 | -€15,804 | -34.2% |
| Advances received on contracts in progress | 46 | - | €23,803 | +€23,803 | |
| Taxes, remuneration and social security | 45 | €24,930 | €57,777 | +€32,847 | +131.8% |
| Taxes | 450/3 | €4,146 | €10,761 | +€6,615 | +159.6% |
| Remuneration and social security | 454/9 | €20,784 | €47,016 | +€26,232 | +126.2% |
| Other amounts payable | 47/48 | €1,191 | €46,750 | +€45,559 | +3826.1% |
| Remuneration, social security and pensions | 62 | €284,611 | €269,204 | -€15,407 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,216 | €46,403 | -€812 | -1.7% |
| Other operating charges | 640/8 | €5,099 | €3,922 | -€1,177 | -23.1% |
| Gross operating margin | 9900 | €376,428 | €369,251 | -€7,177 | -1.9% |
| Operating profit (loss) | 9901 | €39,502 | €49,721 | +€10,219 | +25.9% |
| Financial income | 75/76B | €1,717 | €1,181 | -€536 | -31.2% |
| Recurring financial income | 75 | €1,717 | €1,181 | -€536 | -31.2% |
| Financial charges | 65/66B | €14,957 | €14,667 | -€290 | -1.9% |
| Recurring financial charges | 65 | €14,957 | €14,667 | -€290 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €26,262 | €36,236 | +€9,973 | +38.0% |
| Income taxes | 67/77 | €6,376 | €6,966 | +€590 | +9.2% |
| Profit (loss) for the period | 9904 | €19,886 | €29,269 | +€9,383 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,886 | €29,269 | +€9,383 | +47.2% |
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.