MELENERGY: 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.
MELENERGY
Largest movements
- Cash +€45,720
up €45,720 (+145%), from €31,488 to €77,208
mainly Net result for the year (+€53,005) and Other debts (+€43,636)
- Tangible fixed assets -€17,731
down €17,731 (-84.6%), from €20,957 to €3,226
of which Furniture and vehicles: -€17,331
- Receivables within one year +€10,960
up €10,960 (+61.7%), from €17,771 to €28,731
of which Other amounts receivable: +€10,950
- Other debts +€43,636
up €43,636 (+3,076%), from €1,418 to €45,054
- Debts after one year -€12,211
no longer reported in 2025 (was €12,211)
- Tax, wage and social debts +€8,044
up €8,044 (+327%), from €2,460 to €10,503
- Gross operating margin +€14,433
up €14,433 (+15.1%), from €95,631 to €110,064
- Provisions -€12,737
down €12,737 (-94.2%), from €13,519 to €782
- Financial charges +€9,766
up €9,766 (+57.9%), from €16,863 to €26,629
- Depreciation -€2,533
down €2,533 (-12.5%), from €20,264 to €17,731
- Taxes -€1,509
down €1,509 (-9.1%), from €16,565 to €15,056
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 | €132,423 | €171,317 | +€38,894 | +29.4% |
| Fixed assets | 21/28 | €20,957 | €3,226 | -€17,731 | -84.6% |
| Tangible fixed assets | 22/27 | €20,957 | €3,226 | -€17,731 | -84.6% |
| Furniture and vehicles | 24 | €17,331 | - | -€17,331 | |
| Other tangible fixed assets | 26 | €3,626 | €3,226 | -€400 | -11.0% |
| Current assets | 29/58 | €111,465 | €168,090 | +€56,625 | +50.8% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,771 | €28,731 | +€10,960 | +61.7% |
| Trade receivables | 40 | €17,736 | €17,746 | +€10 | +0.1% |
| Other amounts receivable | 41 | €35 | €10,985 | +€10,950 | +31,215% |
| Cash at bank and in hand | 54/58 | €31,488 | €77,208 | +€45,720 | +145% |
| Deferred charges and accrued income | 490/1 | €2,206 | €2,151 | -€55 | -2.5% |
| Total equity and liabilities | 10/49 | €132,423 | €171,317 | +€38,894 | +29.4% |
| Equity | 10/15 | €74,895 | €74,895 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €72,895 | €72,895 | = | 0.0% |
| Distributable reserves | 133 | €72,895 | €72,895 | = | 0.0% |
| Provisions and deferred taxes | 16 | €24,490 | €25,272 | +€782 | +3.2% |
| Provisions for liabilities and charges | 160/5 | €24,490 | €25,272 | +€782 | +3.2% |
| Other liabilities and charges | 164/5 | €24,490 | €25,272 | +€782 | +3.2% |
| Amounts payable | 17/49 | €33,038 | €71,150 | +€38,112 | +115% |
| Amounts payable after more than one year | 17 | €12,211 | - | -€12,211 | |
| Financial debts | 170/4 | €12,211 | - | -€12,211 | |
| Amounts payable within one year | 42/48 | €20,819 | €71,142 | +€50,323 | +242% |
| Current portion of amounts payable after more than one year | 42 | €12,796 | €12,211 | -€585 | -4.6% |
| Financial debts | 43 | €19 | €747 | +€728 | +3,777% |
| Credit institutions | 430/8 | €19 | €747 | +€728 | +3,777% |
| Trade debts | 44 | €4,125 | €2,625 | -€1,500 | -36.4% |
| Suppliers | 440/4 | €4,125 | €2,625 | -€1,500 | -36.4% |
| Taxes, remuneration and social security | 45 | €2,460 | €10,503 | +€8,044 | +327% |
| Taxes | 450/3 | €2,460 | €10,503 | +€8,044 | +327% |
| Other amounts payable | 47/48 | €1,418 | €45,054 | +€43,636 | +3,076% |
| Accrued charges and deferred income | 492/3 | €8 | €9 | +€0 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,264 | €17,731 | -€2,533 | -12.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €13,519 | €782 | -€12,737 | -94.2% |
| Other operating charges | 640/8 | €279 | €905 | +€626 | +224% |
| Gross operating margin | 9900 | €95,631 | €110,064 | +€14,433 | +15.1% |
| Operating profit (loss) | 9901 | €61,569 | €90,646 | +€29,077 | +47.2% |
| Financial income | 75/76B | €3,627 | €4,044 | +€417 | +11.5% |
| Recurring financial income | 75 | €3,627 | €4,044 | +€417 | +11.5% |
| Financial charges | 65/66B | €16,863 | €26,629 | +€9,766 | +57.9% |
| Recurring financial charges | 65 | €16,863 | €26,629 | +€9,766 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | €48,332 | €68,061 | +€19,728 | +40.8% |
| Income taxes | 67/77 | €16,565 | €15,056 | -€1,509 | -9.1% |
| Profit (loss) for the period | 9904 | €31,767 | €53,005 | +€21,238 | +66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,767 | €53,005 | +€21,238 | +66.9% |
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 17 October 2026 via checked.be.