MELFLO: 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.
MELFLO
Largest movements
- Cash +€12,011
up €12,011 (+30.1%), from €39,873 to €51,884
mainly Net result for the year (+€67,274) and Current portion of long-term debt (+€680)
- Profit (loss) carried forward +€67,274
up €67,274 (+12.3%), from €547,162 to €614,436
- Debts after one year -€54,040
down €54,040 (-25.1%), from €215,622 to €161,581
- Financial income -€40,000
down €40,000 (-40.0%), from €100,000 to €60,000
- Financial charges -€678
down €678 (-16.9%), from €4,007 to €3,329
- Other operating charges +€448
up €448 (+81.4%), from €551 to €998
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 | €837,070 | €851,500 | +€14,430 | +1.7% |
| Fixed assets | 21/28 | €600,000 | €600,000 | = | 0.0% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €237,070 | €251,500 | +€14,430 | +6.1% |
| Amounts receivable within one year | 40/41 | €197,198 | €199,617 | +€2,419 | +1.2% |
| Other amounts receivable | 41 | €197,198 | €199,617 | +€2,419 | +1.2% |
| Cash at bank and in hand | 54/58 | €39,873 | €51,884 | +€12,011 | +30.1% |
| Total equity and liabilities | 10/49 | €837,070 | €851,500 | +€14,430 | +1.7% |
| Equity | 10/15 | €567,162 | €634,436 | +€67,274 | +11.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €547,162 | €614,436 | +€67,274 | +12.3% |
| Amounts payable | 17/49 | €269,908 | €217,064 | -€52,844 | -19.6% |
| Amounts payable after more than one year | 17 | €215,622 | €161,581 | -€54,040 | -25.1% |
| Financial debts | 170/4 | €215,622 | €161,581 | -€54,040 | -25.1% |
| Amounts payable within one year | 42/48 | €54,287 | €55,483 | +€1,196 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €53,360 | €54,040 | +€680 | +1.3% |
| Trade debts | 44 | €338 | €371 | +€32 | +9.5% |
| Suppliers | 440/4 | €338 | €371 | +€32 | +9.5% |
| Taxes, remuneration and social security | 45 | €588 | €1,072 | +€484 | +82.3% |
| Taxes | 450/3 | €588 | €1,072 | +€484 | +82.3% |
| Other operating charges | 640/8 | €551 | €998 | +€448 | +81.4% |
| Gross operating margin | 9900 | €14,073 | €14,026 | -€47 | -0.3% |
| Operating profit (loss) | 9901 | €13,523 | €13,027 | -€495 | -3.7% |
| Financial income | 75/76B | €100,000 | €60,000 | -€40,000 | -40.0% |
| Recurring financial income | 75 | €100,000 | €60,000 | -€40,000 | -40.0% |
| Financial charges | 65/66B | €4,007 | €3,329 | -€678 | -16.9% |
| Recurring financial charges | 65 | €4,007 | €3,329 | -€678 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €109,516 | €69,699 | -€39,817 | -36.4% |
| Income taxes | 67/77 | €2,379 | €2,425 | +€46 | +1.9% |
| Profit (loss) for the period | 9904 | €107,137 | €67,274 | -€39,863 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €107,137 | €67,274 | -€39,863 | -37.2% |
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.