MELI DECORATION: 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.
MELI DECORATION
Largest movements
- Receivables within one year -€6,883
down €6,883 (-54.9%), from €12,527 to €5,644
of which Trade receivables: -€4,350
- Tangible fixed assets -€5,850
down €5,850 (-32.2%), from €18,161 to €12,311
of which Furniture and vehicles: -€3,749
- Reserves +€20,346
up €20,346 (+47.4%), from €42,919 to €63,265
of which Distributable reserves: +€20,346
- Debts after one year -€16,888
down €16,888 (-10.5%), from €161,322 to €144,433
- Other debts -€14,305
down €14,305 (-56.6%), from €25,280 to €10,975
- Purchases and services -€30,330
down €30,330 (-19.8%), from €153,264 to €122,934
- Gross operating margin +€9,394
up €9,394 (+13.8%), from €67,927 to €77,321
- Taxes +€2,754
up €2,754 (+305%), from €903 to €3,656
- Depreciation -€2,305
down €2,305 (-23.4%), from €9,864 to €7,560
- Financial charges -€898
down €898 (-9.3%), from €9,607 to €8,709
of which Financial charges: -€898
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 | €275,355 | €264,963 | -€10,393 | -3.8% |
| Fixed assets | 21/28 | €224,715 | €218,967 | -€5,748 | -2.6% |
| Tangible fixed assets | 22/27 | €18,161 | €12,311 | -€5,850 | -32.2% |
| Plant, machinery and equipment | 23 | €2,746 | €2,416 | -€330 | -12.0% |
| Furniture and vehicles | 24 | €4,910 | €1,161 | -€3,749 | -76.4% |
| Other tangible fixed assets | 26 | €10,505 | €8,734 | -€1,770 | -16.9% |
| Financial fixed assets | 28 | €206,554 | €206,656 | +€102 | 0.0% |
| Current assets | 29/58 | €50,640 | €45,996 | -€4,645 | -9.2% |
| Amounts receivable within one year | 40/41 | €12,527 | €5,644 | -€6,883 | -54.9% |
| Trade receivables | 40 | €4,929 | €579 | -€4,350 | -88.2% |
| Other amounts receivable | 41 | €7,598 | €5,065 | -€2,533 | -33.3% |
| Cash at bank and in hand | 54/58 | €37,040 | €38,899 | +€1,859 | +5.0% |
| Deferred charges and accrued income | 490/1 | €1,073 | €1,452 | +€379 | +35.4% |
| Total equity and liabilities | 10/49 | €275,355 | €264,963 | -€10,393 | -3.8% |
| Equity | 10/15 | €58,040 | €78,387 | +€20,346 | +35.1% |
| Contributions | 10/11 | €15,121 | €15,121 | = | 0.0% |
| Reserves | 13 | €42,919 | €63,265 | +€20,346 | +47.4% |
| Non-distributable reserves | 130/1 | €814 | €814 | = | 0.0% |
| Reserves not available under the articles | 1311 | €814 | €814 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €38,105 | €58,452 | +€20,346 | +53.4% |
| Amounts payable | 17/49 | €217,315 | €186,576 | -€30,739 | -14.1% |
| Amounts payable after more than one year | 17 | €161,322 | €144,433 | -€16,888 | -10.5% |
| Financial debts | 170/4 | €161,322 | €144,433 | -€16,888 | -10.5% |
| Amounts payable within one year | 42/48 | €55,994 | €42,143 | -€13,851 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €20,398 | €19,058 | -€1,341 | -6.6% |
| Trade debts | 44 | €5,635 | €5,251 | -€383 | -6.8% |
| Suppliers | 440/4 | €5,635 | €5,251 | -€383 | -6.8% |
| Taxes, remuneration and social security | 45 | €4,681 | €6,858 | +€2,177 | +46.5% |
| Taxes | 450/3 | €4,681 | €5,003 | +€322 | +6.9% |
| Remuneration and social security | 454/9 | €0 | €1,856 | +€1,856 | +927,780% |
| Other amounts payable | 47/48 | €25,280 | €10,975 | -€14,305 | -56.6% |
| Non-recurring operating income | 76A | €0 | €0 | +€0 | |
| Goods, raw materials, services and sundry goods | 60/61 | €153,264 | €122,934 | -€30,330 | -19.8% |
| Remuneration, social security and pensions | 62 | €50,910 | €51,364 | +€453 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,864 | €7,560 | -€2,305 | -23.4% |
| Other operating charges | 640/8 | €714 | €685 | -€29 | -4.0% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €67,927 | €77,321 | +€9,394 | +13.8% |
| Operating profit (loss) | 9901 | €6,438 | €17,712 | +€11,274 | +175% |
| Financial income | 75/76B | €14,910 | €15,000 | +€90 | +0.6% |
| Recurring financial income | 75 | €14,910 | €15,000 | +€90 | +0.6% |
| Financial charges | 65/66B | €9,607 | €8,709 | -€898 | -9.3% |
| Recurring financial charges | 65 | €9,607 | €8,709 | -€898 | -9.3% |
| Non-recurring financial charges | 66B | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €11,741 | €24,003 | +€12,262 | +104% |
| Income taxes | 67/77 | €903 | €3,656 | +€2,754 | +305% |
| Profit (loss) for the period | 9904 | €10,838 | €20,346 | +€9,508 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,838 | €20,346 | +€9,508 | +87.7% |
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 30 October 2026 via checked.be.