Melange Thee: 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.
Melange Thee
Largest movements
- Stocks and contracts -€18,702
down €18,702 (-28.4%), from €65,763 to €47,061
- Cash +€13,515
up €13,515 (+43.6%), from €30,966 to €44,481
mainly Debts after one year (+€76,667) and Stocks and contracts (+€18,702)
- Tangible fixed assets +€10,896
up €10,896 (+766%), from €1,422 to €12,318
of which Furniture and vehicles: +€11,221
- Intangible fixed assets -€4,524
down €4,524 (-20.3%), from €22,299 to €17,775
- Financial fixed assets -€3,500
down €3,500 (-100%), from €3,500 to €0
- Other debts -€82,257
down €82,257 (-89.3%), from €92,129 to €9,872
- Debts after one year +€76,667
new in 2025: €76,667
- Current portion of long-term debt +€15,333
new in 2025: €15,333
- Trade debts -€9,531
down €9,531 (-27.3%), from €34,911 to €25,380
- Profit (loss) carried forward -€2,575
down €2,575 (-20.9%), from -€12,321 to -€14,897
- Staff costs -€29,888
down €29,888 (-51.7%), from €57,821 to €27,933
- Gross operating margin -€18,000
down €18,000 (-34.4%), from €52,392 to €34,392
- Financial charges +€3,152
up €3,152 (+1,679%), from €188 to €3,340
of which Non-recurring financial charges: +€1,940
- Other operating charges +€1,889
up €1,889 (+374%), from €505 to €2,394
- Financial income +€1,587
up €1,587 (+200%), from €793 to €2,381
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 | €130,586 | €130,940 | +€353 | +0.3% |
| Fixed assets | 21/28 | €27,221 | €30,093 | +€2,872 | +10.5% |
| Intangible fixed assets | 21 | €22,299 | €17,775 | -€4,524 | -20.3% |
| Tangible fixed assets | 22/27 | €1,422 | €12,318 | +€10,896 | +766% |
| Plant, machinery and equipment | 23 | €1,171 | €846 | -€326 | -27.8% |
| Furniture and vehicles | 24 | €251 | €11,473 | +€11,221 | +4,470% |
| Financial fixed assets | 28 | €3,500 | €0 | -€3,500 | -100% |
| Current assets | 29/58 | €103,365 | €100,846 | -€2,518 | -2.4% |
| Stocks and contracts in progress | 3 | €65,763 | €47,061 | -€18,702 | -28.4% |
| Stocks | 30/36 | €65,763 | €47,061 | -€18,702 | -28.4% |
| Amounts receivable within one year | 40/41 | €6,636 | €8,975 | +€2,340 | +35.3% |
| Trade receivables | 40 | €5,708 | €8,475 | +€2,767 | +48.5% |
| Other amounts receivable | 41 | €927 | €500 | -€427 | -46.1% |
| Cash at bank and in hand | 54/58 | €30,966 | €44,481 | +€13,515 | +43.6% |
| Deferred charges and accrued income | 490/1 | €0 | €329 | +€329 | |
| Total equity and liabilities | 10/49 | €130,586 | €130,940 | +€353 | +0.3% |
| Equity | 10/15 | -€7,321 | -€9,897 | -€2,575 | -35.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€12,321 | -€14,897 | -€2,575 | -20.9% |
| Amounts payable | 17/49 | €137,908 | €140,836 | +€2,929 | +2.1% |
| Amounts payable after more than one year | 17 | - | €76,667 | +€76,667 | |
| Financial debts | 170/4 | - | €76,667 | +€76,667 | |
| Amounts payable within one year | 42/48 | €137,908 | €64,170 | -€73,738 | -53.5% |
| Current portion of amounts payable after more than one year | 42 | - | €15,333 | +€15,333 | |
| Trade debts | 44 | €34,911 | €25,380 | -€9,531 | -27.3% |
| Suppliers | 440/4 | €34,911 | €25,380 | -€9,531 | -27.3% |
| Advances received on contracts in progress | 46 | €1,510 | €3,141 | +€1,631 | +108% |
| Taxes, remuneration and social security | 45 | €9,357 | €10,443 | +€1,086 | +11.6% |
| Taxes | 450/3 | €4,964 | €4,180 | -€784 | -15.8% |
| Remuneration and social security | 454/9 | €4,394 | €6,263 | +€1,870 | +42.6% |
| Other amounts payable | 47/48 | €92,129 | €9,872 | -€82,257 | -89.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €57,821 | €27,933 | -€29,888 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,145 | €5,680 | -€1,465 | -20.5% |
| Other operating charges | 640/8 | €505 | €2,394 | +€1,889 | +374% |
| Gross operating margin | 9900 | €52,392 | €34,392 | -€18,000 | -34.4% |
| Operating profit (loss) | 9901 | -€13,080 | -€1,616 | +€11,464 | +87.6% |
| Financial income | 75/76B | €793 | €2,381 | +€1,587 | +200% |
| Recurring financial income | 75 | €793 | €2,381 | +€1,587 | +200% |
| Financial charges | 65/66B | €188 | €3,340 | +€3,152 | +1,679% |
| Recurring financial charges | 65 | €188 | €1,400 | +€1,213 | +646% |
| Non-recurring financial charges | 66B | - | €1,940 | +€1,940 | |
| Profit (loss) for the period before taxes | 9903 | -€12,474 | -€2,575 | +€9,899 | +79.4% |
| Profit (loss) for the period | 9904 | -€12,474 | -€2,575 | +€9,899 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,474 | -€2,575 | +€9,899 | +79.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.