MELANISON CONCEPT: 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.
MELANISON CONCEPT
Largest movements
- Tangible fixed assets -€98,281
down €98,281 (-7.7%), from €1.3m to €1.2m
of which Land and buildings: -€52,500
- Receivables within one year +€43,831
up €43,831 (+39.7%), from €110,427 to €154,258
of which Other amounts receivable: +€61,900
- Debts after one year -€40,217
down €40,217 (-2.3%), from €1.8m to €1.7m
- Current portion of long-term debt -€23,095
down €23,095 (-18.8%), from €123,168 to €100,074
- Financial charges -€31,478
down €31,478 (-28.9%), from €108,907 to €77,429
of which Financial charges: -€31,964
- Gross operating margin -€30,874
down €30,874 (-13.1%), from €235,661 to €204,787
- Depreciation +€3,648
up €3,648 (+3.6%), from €101,810 to €105,457
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 | €1,590,215 | €1,526,554 | -€63,661 | -4.0% |
| Fixed assets | 21/28 | €1,278,777 | €1,180,496 | -€98,281 | -7.7% |
| Tangible fixed assets | 22/27 | €1,278,777 | €1,180,496 | -€98,281 | -7.7% |
| Land and buildings | 22 | €255,000 | €202,500 | -€52,500 | -20.6% |
| Plant, machinery and equipment | 23 | €274,802 | €227,311 | -€47,490 | -17.3% |
| Furniture and vehicles | 24 | €1,199 | €732 | -€467 | -38.9% |
| Assets under construction and advance payments | 27 | €747,776 | €749,952 | +€2,176 | +0.3% |
| Current assets | 29/58 | €311,438 | €346,058 | +€34,620 | +11.1% |
| Amounts receivable after more than one year | 29 | €186,187 | €177,432 | -€8,754 | -4.7% |
| Other amounts receivable | 291 | €186,187 | €177,432 | -€8,754 | -4.7% |
| Amounts receivable within one year | 40/41 | €110,427 | €154,258 | +€43,831 | +39.7% |
| Trade receivables | 40 | €100,364 | €82,295 | -€18,068 | -18.0% |
| Other amounts receivable | 41 | €10,063 | €71,962 | +€61,900 | +615% |
| Cash at bank and in hand | 54/58 | €11,945 | €9,430 | -€2,515 | -21.1% |
| Deferred charges and accrued income | 490/1 | €2,880 | €4,938 | +€2,058 | +71.4% |
| Total equity and liabilities | 10/49 | €1,590,215 | €1,526,554 | -€63,661 | -4.0% |
| Equity | 10/15 | -€442,836 | -€439,691 | +€3,145 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€449,036 | -€445,891 | +€3,145 | +0.7% |
| Amounts payable | 17/49 | €2,033,051 | €1,966,245 | -€66,806 | -3.3% |
| Amounts payable after more than one year | 17 | €1,766,454 | €1,726,236 | -€40,217 | -2.3% |
| Financial debts | 170/4 | €1,766,454 | €1,726,236 | -€40,217 | -2.3% |
| Amounts payable within one year | 42/48 | €252,816 | €226,227 | -€26,589 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €123,168 | €100,074 | -€23,095 | -18.8% |
| Trade debts | 44 | €121,915 | €123,718 | +€1,803 | +1.5% |
| Suppliers | 440/4 | €121,915 | €123,718 | +€1,803 | +1.5% |
| Taxes, remuneration and social security | 45 | €654 | €2,435 | +€1,781 | +272% |
| Taxes | 450/3 | €654 | €2,435 | +€1,781 | +272% |
| Other amounts payable | 47/48 | €7,078 | - | -€7,078 | |
| Accrued charges and deferred income | 492/3 | €13,782 | €13,782 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,810 | €105,457 | +€3,648 | +3.6% |
| Other operating charges | 640/8 | €17,336 | €18,428 | +€1,091 | +6.3% |
| Gross operating margin | 9900 | €235,661 | €204,787 | -€30,874 | -13.1% |
| Operating profit (loss) | 9901 | €116,515 | €80,902 | -€35,614 | -30.6% |
| Financial income | 75/76B | - | €1,453 | +€1,453 | |
| Recurring financial income | 75 | - | €1,453 | +€1,453 | |
| Financial charges | 65/66B | €108,907 | €77,429 | -€31,478 | -28.9% |
| Recurring financial charges | 65 | €108,907 | €76,942 | -€31,964 | -29.4% |
| Non-recurring financial charges | 66B | - | €486 | +€486 | |
| Profit (loss) for the period before taxes | 9903 | €7,609 | €4,926 | -€2,682 | -35.3% |
| Income taxes | 67/77 | €284 | €1,781 | +€1,497 | +526% |
| Profit (loss) for the period | 9904 | €7,324 | €3,145 | -€4,179 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,324 | €3,145 | -€4,179 | -57.1% |
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 24 October 2026 via checked.be.