Melangto: 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.
Melangto
Largest movements
- Intangible fixed assets -€3,057
down €3,057 (-17.1%), from €17,830 to €14,774
- Current assets -€2,575
down €2,575 (-4.3%), from €59,381 to €56,806
of which Receivables within one year: -€4,848
- Tangible fixed assets +€2,557
up €2,557 (+1.8%), from €142,615 to €145,172
- Debts within one year +€24,950
up €24,950 (+15.0%), from €166,843 to €191,792
- Profit (loss) carried forward -€18,491
new in 2019: -€18,491
- Debts after one year -€5,322
down €5,322 (-18.8%), from €28,313 to €22,991
- Reserves -€4,211
down €4,211 (-69.4%), from €6,071 to €1,860
- Gross operating margin -€60,047
down €60,047 (-60.8%), from €98,764 to €38,718
- Depreciation +€3,377
up €3,377 (+31.5%), from €10,733 to €14,110
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,827 | €216,752 | -€3,075 | -1.4% |
| Fixed assets | 21/28 | €160,446 | €159,946 | -€500 | -0.3% |
| Intangible fixed assets | 21 | €17,830 | €14,774 | -€3,057 | -17.1% |
| Tangible fixed assets | 22/27 | €142,615 | €145,172 | +€2,557 | +1.8% |
| Current assets | 29/58 | €59,381 | €56,806 | -€2,575 | -4.3% |
| Stocks and contracts in progress | 3 | €33,865 | €38,716 | +€4,851 | +14.3% |
| Amounts receivable within one year | 40/41 | €15,030 | €10,181 | -€4,848 | -32.3% |
| Cash at bank and in hand | 54/58 | €9,018 | €5,277 | -€3,740 | -41.5% |
| Total equity and liabilities | 10/49 | €219,827 | €216,752 | -€3,075 | -1.4% |
| Equity | 10/15 | €24,671 | €1,969 | -€22,703 | -92.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,071 | €1,860 | -€4,211 | -69.4% |
| Profit (loss) carried forward | 14 | - | -€18,491 | -€18,491 | |
| Amounts payable | 17/49 | €195,155 | €214,783 | +€19,628 | +10.1% |
| Amounts payable after more than one year | 17 | €28,313 | €22,991 | -€5,322 | -18.8% |
| Amounts payable within one year | 42/48 | €166,843 | €191,792 | +€24,950 | +15.0% |
| Trade debts | 44 | €8,634 | €11,943 | +€3,309 | +38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,733 | €14,110 | +€3,377 | +31.5% |
| Gross operating margin | 9900 | €98,764 | €38,718 | -€60,047 | -60.8% |
| Operating profit (loss) | 9901 | €5,396 | -€21,530 | -€26,926 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Recurring financial charges | 65 | €1,256 | €1,019 | -€237 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €4,140 | -€22,534 | -€26,674 | |
| Income taxes | 67/77 | €1,000 | €168 | -€832 | -83.2% |
| Profit (loss) for the period | 9904 | €3,140 | -€22,703 | -€25,843 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,140 | -€22,703 | -€25,843 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.