MELCHIOR VINS: 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.
What changed
MELCHIOR VINS
NACE 47.252, Retail sale of beverages, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€12,849
2024 · €11,370-€24,219
Equity
€472,805
2024 · €485,654-€12,849
Cash
€189,824
2024 · €190,410-€587
Balance sheet total
€1.1m
2024 · €1.1m-€31,785
Largest movements
Assets
- Tangible fixed assets -€29,329
down €29,329 (-8.1%), from €363,863 to €334,534
of which Furniture and vehicles: -€20,163
- Current investments -€18,330
down €18,330 (-14.7%), from €124,738 to €106,408
- Stocks and contracts +€15,786
up €15,786 (+5.7%), from €274,850 to €290,636
Equity and liabilities
- Debts after one year -€33,220
down €33,220 (-13.9%), from €239,563 to €206,343
- Trade debts +€14,893
up €14,893 (+5.2%), from €285,063 to €299,956
- Profit (loss) carried forward -€12,849
down €12,849 (-55.4%), from €23,194 to €10,345
Income statement
- Gross operating margin -€23,641
down €23,641 (-11.7%), from €202,376 to €178,735
- Staff costs +€8,402
up €8,402 (+6.4%), from €131,813 to €140,214
- Taxes -€5,281
down €5,281 (-96.7%), from €5,459 to €178
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.
Result 2024
€11,370
Gross operating margin
-€23,641
Staff costs
-€8,402
Depreciation
-€864
Other operating charges
+€1,855
Other operating items
-€193
Financial income
-€98
Financial charges
+€1,842
Taxes
+€5,281
Result 2025
-€12,849
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€22,054
Investment
+€10,479
Financing
-€33,119
Cash 2024
€190,410
From operations (derived)
+€22,054
Net result for the year
-€12,849
Depreciation
+€36,381
Stocks and contracts
-€15,786
Receivables within one year
+€1,664
Deferred charges and accrued income
-€1,539
Trade debts
+€14,893
Tax, wage and social debts
-€710
Investment (derived)
+€10,479
Investment in fixed assets (net)
-€7,852
Current investments
+€18,330
Financing
-€33,119
Debts after one year
-€33,220
Current portion of long-term debt
+€116
Short-term financial debts
-€15
Cash 2025
€189,824
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,090,686 | €1,058,902 | -€31,785 | -2.9% |
| Fixed assets | 21/28 | €364,424 | €335,894 | -€28,529 | -7.8% |
| Tangible fixed assets | 22/27 | €363,863 | €334,534 | -€29,329 | -8.1% |
| Land and buildings | 22 | €276,515 | €266,448 | -€10,067 | -3.6% |
| Plant, machinery and equipment | 23 | €79 | - | -€79 | |
| Furniture and vehicles | 24 | €83,662 | €63,500 | -€20,163 | -24.1% |
| Other tangible fixed assets | 26 | €3,607 | €4,586 | +€979 | +27.1% |
| Financial fixed assets | 28 | €560 | €1,360 | +€800 | +143% |
| Current assets | 29/58 | €726,263 | €723,008 | -€3,255 | -0.4% |
| Stocks and contracts in progress | 3 | €274,850 | €290,636 | +€15,786 | +5.7% |
| Stocks | 30/36 | €274,850 | €290,636 | +€15,786 | +5.7% |
| Amounts receivable within one year | 40/41 | €132,500 | €130,836 | -€1,664 | -1.3% |
| Trade receivables | 40 | €95,407 | €95,663 | +€256 | +0.3% |
| Other amounts receivable | 41 | €37,093 | €35,173 | -€1,920 | -5.2% |
| Current investments | 50/53 | €124,738 | €106,408 | -€18,330 | -14.7% |
| Cash at bank and in hand | 54/58 | €190,410 | €189,824 | -€587 | -0.3% |
| Deferred charges and accrued income | 490/1 | €3,764 | €5,303 | +€1,539 | +40.9% |
| Total equity and liabilities | 10/49 | €1,090,686 | €1,058,902 | -€31,785 | -2.9% |
| Equity | 10/15 | €485,654 | €472,805 | -€12,849 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €443,860 | €443,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €442,000 | €442,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,194 | €10,345 | -€12,849 | -55.4% |
| Amounts payable | 17/49 | €605,032 | €586,096 | -€18,936 | -3.1% |
| Amounts payable after more than one year | 17 | €239,563 | €206,343 | -€33,220 | -13.9% |
| Financial debts | 170/4 | €239,563 | €206,343 | -€33,220 | -13.9% |
| Amounts payable within one year | 42/48 | €365,469 | €379,753 | +€14,284 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €32,118 | €32,234 | +€116 | +0.4% |
| Financial debts | 43 | €1,702 | €1,687 | -€15 | -0.9% |
| Credit institutions | 430/8 | €1,702 | €1,687 | -€15 | -0.9% |
| Trade debts | 44 | €285,063 | €299,956 | +€14,893 | +5.2% |
| Suppliers | 440/4 | €285,063 | €299,956 | +€14,893 | +5.2% |
| Taxes, remuneration and social security | 45 | €46,586 | €45,876 | -€710 | -1.5% |
| Taxes | 450/3 | €35,520 | €30,634 | -€4,885 | -13.8% |
| Remuneration and social security | 454/9 | €11,066 | €15,242 | +€4,176 | +37.7% |
| Remuneration, social security and pensions | 62 | €131,813 | €140,214 | +€8,402 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,518 | €36,381 | +€864 | +2.4% |
| Other operating charges | 640/8 | €10,213 | €8,358 | -€1,855 | -18.2% |
| Non-recurring operating charges | 66A | - | €193 | +€193 | |
| Gross operating margin | 9900 | €202,376 | €178,735 | -€23,641 | -11.7% |
| Operating profit (loss) | 9901 | €24,833 | -€6,412 | -€31,245 | |
| Financial income | 75/76B | €1,277 | €1,179 | -€98 | -7.7% |
| Recurring financial income | 75 | €1,277 | €1,179 | -€98 | -7.7% |
| Financial charges | 65/66B | €9,280 | €7,438 | -€1,842 | -19.9% |
| Recurring financial charges | 65 | €9,280 | €7,438 | -€1,842 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €16,829 | -€12,671 | -€29,501 | |
| Income taxes | 67/77 | €5,459 | €178 | -€5,281 | -96.7% |
| Profit (loss) for the period | 9904 | €11,370 | -€12,849 | -€24,219 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,370 | -€12,849 | -€24,219 |
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.