MELCARE23: 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.
MELCARE23
Largest movements
- Receivables within one year +€13,550
up €13,550 (+49.9%), from €27,175 to €40,725
of which Other amounts receivable: +€11,735
- Cash +€7,443
up €7,443 (+97.0%), from €7,674 to €15,117
mainly Net result for the year (+€10,197) and Tax, wage and social debts (+€6,625)
- Tangible fixed assets -€6,303
down €6,303 (-24.7%), from €25,490 to €19,187
- Reserves +€10,000
new in 2025: €10,000
- Tax, wage and social debts +€6,625
up €6,625 (+73.1%), from €9,058 to €15,682
- Current portion of long-term debt -€4,017
down €4,017 (-59.2%), from €6,782 to €2,765
- Trade debts +€1,886
up €1,886 (+428%), from €440 to €2,326
- Gross operating margin -€17,116
down €17,116 (-40.4%), from €42,345 to €25,229
- Taxes -€2,433
down €2,433 (-26.9%), from €9,058 to €6,625
- Depreciation +€1,688
up €1,688 (+36.6%), from €4,614 to €6,303
- Other operating charges +€971
up €971 (+113%), from €858 to €1,829
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 | €60,339 | €75,029 | +€14,690 | +24.3% |
| Fixed assets | 21/28 | €25,490 | €19,187 | -€6,303 | -24.7% |
| Tangible fixed assets | 22/27 | €25,490 | €19,187 | -€6,303 | -24.7% |
| Furniture and vehicles | 24 | €25,490 | €19,187 | -€6,303 | -24.7% |
| Current assets | 29/58 | €34,849 | €55,841 | +€20,992 | +60.2% |
| Amounts receivable within one year | 40/41 | €27,175 | €40,725 | +€13,550 | +49.9% |
| Trade receivables | 40 | - | €1,815 | +€1,815 | |
| Other amounts receivable | 41 | €27,175 | €38,910 | +€11,735 | +43.2% |
| Cash at bank and in hand | 54/58 | €7,674 | €15,117 | +€7,443 | +97.0% |
| Total equity and liabilities | 10/49 | €60,339 | €75,029 | +€14,690 | +24.3% |
| Equity | 10/15 | €30,031 | €40,227 | +€10,197 | +34.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €27,531 | €27,727 | +€197 | +0.7% |
| Amounts payable | 17/49 | €30,308 | €34,802 | +€4,493 | +14.8% |
| Amounts payable after more than one year | 17 | €14,028 | €14,028 | = | 0.0% |
| Financial debts | 170/4 | €14,028 | €14,028 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,281 | €20,774 | +€4,493 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €6,782 | €2,765 | -€4,017 | -59.2% |
| Trade debts | 44 | €440 | €2,326 | +€1,886 | +428% |
| Suppliers | 440/4 | €440 | €2,326 | +€1,886 | +428% |
| Taxes, remuneration and social security | 45 | €9,058 | €15,682 | +€6,625 | +73.1% |
| Taxes | 450/3 | €9,058 | €15,682 | +€6,625 | +73.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,614 | €6,303 | +€1,688 | +36.6% |
| Other operating charges | 640/8 | €858 | €1,829 | +€971 | +113% |
| Gross operating margin | 9900 | €42,345 | €25,229 | -€17,116 | -40.4% |
| Operating profit (loss) | 9901 | €36,873 | €17,098 | -€19,775 | -53.6% |
| Financial income | 75/76B | - | €75 | +€75 | |
| Recurring financial income | 75 | - | €75 | +€75 | |
| Financial charges | 65/66B | €284 | €352 | +€68 | +23.8% |
| Recurring financial charges | 65 | €284 | €352 | +€68 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €36,588 | €16,821 | -€19,767 | -54.0% |
| Income taxes | 67/77 | €9,058 | €6,625 | -€2,433 | -26.9% |
| Profit (loss) for the period | 9904 | €27,531 | €10,197 | -€17,334 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,531 | €10,197 | -€17,334 | -63.0% |
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 13 October 2026 via checked.be.