MELEZES69: 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
MELEZES69
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€40,057
2024 · -€3,725-€36,332
Equity
€302,447
2024 · €342,504-€40,057
Cash
€1,135
2024 · €4,711-€3,576
Balance sheet total
€1.7m
2024 · €1.7m-€49,062
Largest movements
Assets
- Tangible fixed assets -€37,977
down €37,977 (-3.0%), from €1.3m to €1.2m
Equity and liabilities
- Reserves -€26,860
down €26,860 (-4.3%), from €623,410 to €596,550
of which Tax-exempt reserves: -€26,860
Income statement
- Gross operating margin -€32,749
down €32,749 (-96.0%), from €34,116 to €1,367
- Other operating charges +€3,619
up €3,619 (+69.4%), from €5,214 to €8,833
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
-€3,725
Gross operating margin
-€32,749
Depreciation
-€1
Other operating charges
-€3,619
Financial charges
+€37
Result 2025
-€40,057
raises the resultlowers the result
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
-€179
Investment
€0
Financing
-€3,397
Cash 2024
€4,711
From operations (derived)
-€179
Net result for the year
-€40,057
Depreciation
+€37,977
Receivables within one year
+€7,509
Provisions
-€8,953
Trade debts
+€12,144
Tax, wage and social debts
+€673
Other debts
-€9,472
Financing
-€3,397
Debts after one year
-€10,286
Current portion of long-term debt
-€1,563
Short-term financial debts
+€8,452
Cash 2025
€1,135
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,732,171 | €1,683,109 | -€49,062 | -2.8% |
| Fixed assets | 21/28 | €1,271,825 | €1,233,848 | -€37,977 | -3.0% |
| Tangible fixed assets | 22/27 | €1,269,401 | €1,231,424 | -€37,977 | -3.0% |
| Land and buildings | 22 | €1,269,401 | €1,231,424 | -€37,977 | -3.0% |
| Financial fixed assets | 28 | €2,424 | €2,424 | = | 0.0% |
| Current assets | 29/58 | €460,346 | €449,261 | -€11,085 | -2.4% |
| Amounts receivable within one year | 40/41 | €455,635 | €448,126 | -€7,509 | -1.6% |
| Trade receivables | 40 | €2,600 | - | -€2,600 | |
| Other amounts receivable | 41 | €453,035 | €448,126 | -€4,909 | -1.1% |
| Cash at bank and in hand | 54/58 | €4,711 | €1,135 | -€3,576 | -75.9% |
| Total equity and liabilities | 10/49 | €1,732,171 | €1,683,109 | -€49,062 | -2.8% |
| Equity | 10/15 | €342,504 | €302,447 | -€40,057 | -11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €623,410 | €596,550 | -€26,860 | -4.3% |
| Tax-exempt reserves | 132 | €518,218 | €491,358 | -€26,860 | -5.2% |
| Distributable reserves | 133 | €105,192 | €105,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€299,506 | -€312,703 | -€13,197 | -4.4% |
| Provisions and deferred taxes | 16 | €172,739 | €163,786 | -€8,953 | -5.2% |
| Deferred taxes | 168 | €172,739 | €163,786 | -€8,953 | -5.2% |
| Amounts payable | 17/49 | €1,216,928 | €1,216,876 | -€52 | 0.0% |
| Amounts payable after more than one year | 17 | €109,642 | €99,356 | -€10,286 | -9.4% |
| Financial debts | 170/4 | €109,642 | €99,356 | -€10,286 | -9.4% |
| Amounts payable within one year | 42/48 | €1,107,286 | €1,117,520 | +€10,234 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €12,865 | €11,302 | -€1,563 | -12.1% |
| Financial debts | 43 | - | €8,452 | +€8,452 | |
| Credit institutions | 430/8 | - | €8,452 | +€8,452 | |
| Trade debts | 44 | €170,731 | €182,875 | +€12,144 | +7.1% |
| Suppliers | 440/4 | €170,731 | €182,875 | +€12,144 | +7.1% |
| Taxes, remuneration and social security | 45 | €112 | €785 | +€673 | +601% |
| Taxes | 450/3 | €112 | €785 | +€673 | +601% |
| Other amounts payable | 47/48 | €923,578 | €914,106 | -€9,472 | -1.0% |
| Non-recurring operating income | 76A | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,976 | €37,977 | +€1 | 0.0% |
| Other operating charges | 640/8 | €5,214 | €8,833 | +€3,619 | +69.4% |
| Gross operating margin | 9900 | €34,116 | €1,367 | -€32,749 | -96.0% |
| Operating profit (loss) | 9901 | -€9,074 | -€45,443 | -€36,369 | -401% |
| Financial charges | 65/66B | €3,604 | €3,567 | -€37 | -1.0% |
| Recurring financial charges | 65 | €3,604 | €3,567 | -€37 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,678 | -€49,010 | -€36,332 | -287% |
| Transfer from deferred taxes | 780 | €8,953 | €8,953 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€3,725 | -€40,057 | -€36,332 | -975% |
| Transfer from tax-exempt reserves | 789 | €26,860 | €26,860 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,135 | -€13,197 | -€36,332 |
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.