MELBEEK: 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.
MELBEEK
Largest movements
- Tangible fixed assets -€76,014
down €76,014 (-9.6%), from €792,905 to €716,891
- Current assets +€14,445
up €14,445 (+9.6%), from €150,383 to €164,828
of which Stocks and contracts: +€23,874
- Debts -€62,406
down €62,406 (-7.5%), from €832,728 to €770,322
of which Debts after one year: -€51,959
- Financial charges +€7,296
new in 2022: €7,296
- Gross operating margin -€4,534
down €4,534 (-4.8%), from €94,482 to €89,948
- Other operating charges +€3,590
new in 2022: €3,590
- Depreciation -€1,130
down €1,130 (-1.5%), from €77,144 to €76,014
From the 2021 result to the 2022 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 | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €943,288 | €881,719 | -€61,569 | -6.5% |
| Fixed assets | 21/28 | €792,905 | €716,891 | -€76,014 | -9.6% |
| Tangible fixed assets | 22/27 | €792,905 | €716,891 | -€76,014 | -9.6% |
| Land and buildings | 22 | - | €134,020 | +€134,020 | |
| Furniture and vehicles | 24 | - | €48,237 | +€48,237 | |
| Assets under construction and advance payments | 27 | - | €534,634 | +€534,634 | |
| Current assets | 29/58 | €150,383 | €164,828 | +€14,445 | +9.6% |
| Stocks and contracts in progress | 3 | €2,507 | €26,381 | +€23,874 | +952.3% |
| Stocks | 30/36 | - | €6,400 | +€6,400 | |
| Contracts in progress | 37 | - | €19,981 | +€19,981 | |
| Amounts receivable within one year | 40/41 | €136,000 | €108,970 | -€27,030 | -19.9% |
| Trade receivables | 40 | - | €106,976 | +€106,976 | |
| Other amounts receivable | 41 | - | €1,994 | +€1,994 | |
| Cash at bank and in hand | 54/58 | €9,600 | €25,147 | +€15,547 | +161.9% |
| Deferred charges and accrued income | 490/1 | - | €4,330 | +€4,330 | |
| Total equity and liabilities | 10/49 | €943,288 | €881,719 | -€61,569 | -6.5% |
| Equity | 10/15 | €110,560 | €111,397 | +€837 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | - | €62,000 | +€62,000 | |
| Issued capital | 100 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €48,560 | €49,397 | +€837 | +1.7% |
| Non-distributable reserves | 130/1 | - | €6,200 | +€6,200 | |
| Legal reserve | 130 | - | €6,200 | +€6,200 | |
| Distributable reserves | 133 | - | €43,197 | +€43,197 | |
| Amounts payable | 17/49 | €832,728 | €770,322 | -€62,406 | -7.5% |
| Amounts payable after more than one year | 17 | €627,163 | €575,204 | -€51,959 | -8.3% |
| Financial debts | 170/4 | - | €200,104 | +€200,104 | |
| Other amounts payable | 178/9 | - | €375,100 | +€375,100 | |
| Amounts payable within one year | 42/48 | €198,822 | €193,492 | -€5,330 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | - | €54,081 | +€54,081 | |
| Trade debts | 44 | €66,276 | €68,861 | +€2,585 | +3.9% |
| Suppliers | 440/4 | - | €68,861 | +€68,861 | |
| Other amounts payable | 47/48 | - | €70,550 | +€70,550 | |
| Accrued charges and deferred income | 492/3 | - | €1,626 | +€1,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,144 | €76,014 | -€1,130 | -1.5% |
| Other operating charges | 640/8 | - | €3,590 | +€3,590 | |
| Gross operating margin | 9900 | €94,482 | €89,948 | -€4,534 | -4.8% |
| Operating profit (loss) | 9901 | €13,250 | €10,344 | -€2,906 | -21.9% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | - | €7,296 | +€7,296 | |
| Recurring financial charges | 65 | €9,021 | €7,296 | -€1,725 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €4,229 | €3,054 | -€1,175 | -27.8% |
| Income taxes | 67/77 | €2,390 | €2,217 | -€173 | -7.2% |
| Profit (loss) for the period | 9904 | €1,839 | €837 | -€1,002 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,839 | €837 | -€1,002 | -54.5% |
Source: filed annual accounts (NBB), financial years ended 30 April 2021 and 30 April 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.