Melgen België: 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.
Melgen België
Largest movements
- Stocks and contracts +€119,605
up €119,605 (+23.0%), from €520,063 to €639,668
- Tangible fixed assets -€90,831
down €90,831 (-22.7%), from €400,864 to €310,033
- Receivables within one year -€38,249
down €38,249 (-82.5%), from €46,361 to €8,112
of which Other amounts receivable: -€36,823
- Cash +€30,325
up €30,325 (+22.5%), from €134,765 to €165,090
mainly Depreciation (+€98,009) and Trade debts (+€66,025)
- Trade debts +€66,025
up €66,025 (+19.6%), from €337,713 to €403,738
- Other debts -€42,955
no longer reported in 2024 (was €42,955)
- Gross operating margin +€141,778
up €141,778 (+48.6%), from €291,532 to €433,310
- Staff costs +€131,527
up €131,527 (+72.0%), from €182,660 to €314,187
- Write-downs +€19,888
new in 2024: €19,888
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,139,075 | €1,152,091 | +€13,016 | +1.1% |
| Fixed assets | 21/28 | €426,477 | €335,645 | -€90,831 | -21.3% |
| Tangible fixed assets | 22/27 | €400,864 | €310,033 | -€90,831 | -22.7% |
| Plant, machinery and equipment | 23 | €400,864 | €310,033 | -€90,831 | -22.7% |
| Financial fixed assets | 28 | €25,613 | €25,613 | = | 0.0% |
| Current assets | 29/58 | €712,598 | €816,445 | +€103,847 | +14.6% |
| Stocks and contracts in progress | 3 | €520,063 | €639,668 | +€119,605 | +23.0% |
| Stocks | 30/36 | €520,063 | €639,668 | +€119,605 | +23.0% |
| Amounts receivable within one year | 40/41 | €46,361 | €8,112 | -€38,249 | -82.5% |
| Trade receivables | 40 | €1,426 | - | -€1,426 | |
| Other amounts receivable | 41 | €44,935 | €8,112 | -€36,823 | -81.9% |
| Cash at bank and in hand | 54/58 | €134,765 | €165,090 | +€30,325 | +22.5% |
| Deferred charges and accrued income | 490/1 | €11,409 | €3,576 | -€7,834 | -68.7% |
| Total equity and liabilities | 10/49 | €1,139,075 | €1,152,091 | +€13,016 | +1.1% |
| Equity | 10/15 | €43,927 | €40,389 | -€3,538 | -8.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,073 | -€159,611 | -€3,538 | -2.3% |
| Amounts payable | 17/49 | €1,095,148 | €1,111,702 | +€16,554 | +1.5% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Financial debts | 170/4 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €475,186 | €500,560 | +€25,374 | +5.3% |
| Trade debts | 44 | €337,713 | €403,738 | +€66,025 | +19.6% |
| Suppliers | 440/4 | €337,713 | €403,738 | +€66,025 | +19.6% |
| Taxes, remuneration and social security | 45 | €94,518 | €96,821 | +€2,303 | +2.4% |
| Taxes | 450/3 | €74,154 | €64,640 | -€9,515 | -12.8% |
| Remuneration and social security | 454/9 | €20,363 | €32,181 | +€11,818 | +58.0% |
| Other amounts payable | 47/48 | €42,955 | - | -€42,955 | |
| Accrued charges and deferred income | 492/3 | €19,962 | €11,142 | -€8,820 | -44.2% |
| Remuneration, social security and pensions | 62 | €182,660 | €314,187 | +€131,527 | +72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,743 | €98,009 | +€266 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €19,888 | +€19,888 | |
| Other operating charges | 640/8 | - | €468 | +€468 | |
| Gross operating margin | 9900 | €291,532 | €433,310 | +€141,778 | +48.6% |
| Operating profit (loss) | 9901 | €11,129 | €759 | -€10,370 | -93.2% |
| Financial charges | 65/66B | €1,831 | €4,298 | +€2,467 | +135% |
| Recurring financial charges | 65 | €1,831 | €4,298 | +€2,467 | +135% |
| Profit (loss) for the period before taxes | 9903 | €9,299 | -€3,538 | -€12,837 | |
| Profit (loss) for the period | 9904 | €9,299 | -€3,538 | -€12,837 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,299 | -€3,538 | -€12,837 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.