MELATRA: 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.
MELATRA
Largest movements
- Tangible fixed assets +€135,773
up €135,773 (+613%), from €22,138 to €157,911
of which Leasing and similar rights: +€150,660
- Cash +€37,971
up €37,971 (+819%), from €4,637 to €42,608
mainly Net result for the year (+€89,229) and Debts after one year (+€85,565)
- Receivables within one year +€3,593
up €3,593 (+23.3%), from €15,447 to €19,040
of which Trade receivables: +€1,904
- Deferred charges and accrued income +€2,444
up €2,444 (+295%), from €827 to €3,271
- Debts after one year +€85,565
up €85,565 (+279%), from €30,644 to €116,209
- Reserves +€50,000
up €50,000 (+246%), from €20,305 to €70,305
of which Tax-exempt reserves: +€50,000
- Profit (loss) carried forward +€39,229
up €39,229 (+51.3%), from -€76,446 to -€37,217
- Current portion of long-term debt +€13,870
up €13,870 (+61.9%), from €22,420 to €36,290
- Other debts -€4,791
down €4,791 (-29.2%), from €16,436 to €11,645
- Gross operating margin +€111,933
up €111,933 (+281%), from €39,845 to €151,777
- Depreciation -€9,943
down €9,943 (-28.4%), from €35,016 to €25,073
- Financial charges +€2,394
up €2,394 (+89.4%), from €2,679 to €5,073
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 | €43,184 | €222,830 | +€179,646 | +416% |
| Fixed assets | 21/28 | €22,273 | €157,911 | +€135,638 | +609% |
| Tangible fixed assets | 22/27 | €22,138 | €157,911 | +€135,773 | +613% |
| Plant, machinery and equipment | 23 | €1,576 | €582 | -€994 | -63.1% |
| Furniture and vehicles | 24 | €20,563 | €6,669 | -€13,893 | -67.6% |
| Leasing and similar rights | 25 | - | €150,660 | +€150,660 | |
| Financial fixed assets | 28 | €135 | €0 | -€135 | -100% |
| Current assets | 29/58 | €20,911 | €64,919 | +€44,008 | +210% |
| Amounts receivable within one year | 40/41 | €15,447 | €19,040 | +€3,593 | +23.3% |
| Trade receivables | 40 | €14,759 | €16,663 | +€1,904 | +12.9% |
| Other amounts receivable | 41 | €688 | €2,377 | +€1,689 | +246% |
| Cash at bank and in hand | 54/58 | €4,637 | €42,608 | +€37,971 | +819% |
| Deferred charges and accrued income | 490/1 | €827 | €3,271 | +€2,444 | +295% |
| Total equity and liabilities | 10/49 | €43,184 | €222,830 | +€179,646 | +416% |
| Equity | 10/15 | -€43,741 | €45,488 | +€89,229 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,305 | €70,305 | +€50,000 | +246% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €6,600 | €56,600 | +€50,000 | +758% |
| Distributable reserves | 133 | €13,705 | €13,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,446 | -€37,217 | +€39,229 | +51.3% |
| Amounts payable | 17/49 | €86,925 | €177,342 | +€90,417 | +104% |
| Amounts payable after more than one year | 17 | €30,644 | €116,209 | +€85,565 | +279% |
| Financial debts | 170/4 | €30,644 | €116,209 | +€85,565 | +279% |
| Amounts payable within one year | 42/48 | €56,281 | €61,133 | +€4,852 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €22,420 | €36,290 | +€13,870 | +61.9% |
| Trade debts | 44 | €13,220 | €8,693 | -€4,527 | -34.2% |
| Suppliers | 440/4 | €13,220 | €8,693 | -€4,527 | -34.2% |
| Taxes, remuneration and social security | 45 | €4,205 | €4,505 | +€300 | +7.1% |
| Taxes | 450/3 | €4,205 | €4,505 | +€300 | +7.1% |
| Other amounts payable | 47/48 | €16,436 | €11,645 | -€4,791 | -29.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €50,000 | +€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,016 | €25,073 | -€9,943 | -28.4% |
| Other operating charges | 640/8 | €23,241 | €24,571 | +€1,330 | +5.7% |
| Non-recurring operating charges | 66A | €0 | €7,541 | +€7,541 | |
| Gross operating margin | 9900 | €39,845 | €151,777 | +€111,933 | +281% |
| Operating profit (loss) | 9901 | -€18,412 | €94,593 | +€113,005 | |
| Financial income | 75/76B | €2 | €20 | +€18 | +865% |
| Recurring financial income | 75 | €2 | €20 | +€18 | +865% |
| Financial charges | 65/66B | €2,679 | €5,073 | +€2,394 | +89.4% |
| Recurring financial charges | 65 | €2,679 | €5,073 | +€2,394 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,089 | €89,539 | +€110,628 | |
| Income taxes | 67/77 | €62 | €310 | +€248 | +398% |
| Profit (loss) for the period | 9904 | -€21,151 | €89,229 | +€110,380 | |
| Transfer to tax-exempt reserves | 689 | - | €50,000 | +€50,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,151 | €39,229 | +€60,380 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.