Melethic: what changed
Two fiscal 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.
Melethic
Largest movements
- Tangible fixed assets -€33,361
down €33,361 (-7.6%), from €436,703 to €403,342
of which Furniture and vehicles: -€18,249
- Receivables within one year +€13,008
up €13,008 (+83.9%), from €15,513 to €28,521
of which Trade receivables: +€13,008
- Debts after one year -€32,903
down €32,903 (-12.0%), from €274,132 to €241,229
of which Financial debts: -€33,731
- Depreciation +€5,108
up €5,108 (+16.8%), from €30,474 to €35,582
- Taxes +€3,147
up €3,147 (+35.2%), from €8,947 to €12,094
- Gross operating margin +€1,072
up €1,072 (+1.5%), from €73,212 to €74,284
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.
Cash bridge derived
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 | €494,712 | €472,715 | -€21,997 | -4.4% |
| Fixed assets | 21/28 | €436,969 | €403,608 | -€33,361 | -7.6% |
| Tangible fixed assets | 22/27 | €436,703 | €403,342 | -€33,361 | -7.6% |
| Land and buildings | 22 | €365,223 | €352,749 | -€12,474 | -3.4% |
| Furniture and vehicles | 24 | €54,364 | €36,115 | -€18,249 | -33.6% |
| Other tangible fixed assets | 26 | €17,116 | €14,478 | -€2,638 | -15.4% |
| Financial fixed assets | 28 | €266 | €266 | = | 0.0% |
| Current assets | 29/58 | €57,743 | €69,107 | +€11,364 | +19.7% |
| Amounts receivable within one year | 40/41 | €15,513 | €28,521 | +€13,008 | +83.9% |
| Trade receivables | 40 | €15,513 | €28,521 | +€13,008 | +83.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €37,084 | €37,931 | +€848 | +2.3% |
| Deferred charges and accrued income | 490/1 | €5,146 | €2,655 | -€2,491 | -48.4% |
| Total equity and liabilities | 10/49 | €494,712 | €472,715 | -€21,997 | -4.4% |
| Equity | 10/15 | €163,281 | €168,215 | +€4,934 | +3.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €103,281 | €108,215 | +€4,934 | +4.8% |
| Distributable reserves | 133 | €103,281 | €108,215 | +€4,934 | +4.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €331,431 | €304,500 | -€26,931 | -8.1% |
| Amounts payable after more than one year | 17 | €274,132 | €241,229 | -€32,903 | -12.0% |
| Financial debts | 170/4 | €238,203 | €204,472 | -€33,731 | -14.2% |
| Other amounts payable | 178/9 | €35,929 | €36,757 | +€828 | +2.3% |
| Amounts payable within one year | 42/48 | €56,799 | €59,847 | +€3,049 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €34,159 | €33,731 | -€428 | -1.3% |
| Trade debts | 44 | €529 | €21 | -€508 | -96.1% |
| Suppliers | 440/4 | €529 | €21 | -€508 | -96.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,627 | €14,269 | +€2,642 | +22.7% |
| Taxes | 450/3 | €11,627 | €14,269 | +€2,642 | +22.7% |
| Other amounts payable | 47/48 | €10,485 | €11,826 | +€1,342 | +12.8% |
| Accrued charges and deferred income | 492/3 | €501 | €3,424 | +€2,923 | +584.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,474 | €35,582 | +€5,108 | +16.8% |
| Other operating charges | 640/8 | €2,373 | €2,311 | -€62 | -2.6% |
| Gross operating margin | 9900 | €73,212 | €74,284 | +€1,072 | +1.5% |
| Operating profit (loss) | 9901 | €40,366 | €36,391 | -€3,974 | -9.8% |
| Financial income | 75/76B | €86 | €194 | +€108 | +125.8% |
| Recurring financial income | 75 | €86 | €194 | +€108 | +125.8% |
| Financial charges | 65/66B | €7,005 | €7,108 | +€103 | +1.5% |
| Recurring financial charges | 65 | €7,005 | €7,108 | +€103 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €33,446 | €29,477 | -€3,969 | -11.9% |
| Income taxes | 67/77 | €8,947 | €12,094 | +€3,147 | +35.2% |
| Profit (loss) for the period | 9904 | €24,500 | €17,383 | -€7,117 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,500 | €17,383 | -€7,117 | -29.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.