MELI-IMMO: 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.
MELI-IMMO
Largest movements
- Tangible fixed assets -€19,240
down €19,240 (-3.3%), from €576,776 to €557,536
- Cash -€18,464
down €18,464 (-94.8%), from €19,468 to €1,004
mainly Debts after one year (-€33,804) and Other debts (-€20,501)
- Debts after one year -€33,804
down €33,804 (-8.3%), from €405,386 to €371,582
- Reserves +€23,979
up €23,979 (+42.0%), from €57,090 to €81,069
- Other debts -€20,501
down €20,501 (-26.1%), from €78,605 to €58,104
- Tax, wage and social debts -€9,073
down €9,073 (-48.7%), from €18,642 to €9,569
- Gross operating margin +€1,756
up €1,756 (+2.9%), from €61,226 to €62,982
- Taxes +€899
up €899 (+10.4%), from €8,670 to €9,569
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 | €598,020 | €560,496 | -€37,524 | -6.3% |
| Fixed assets | 21/28 | €576,776 | €557,536 | -€19,240 | -3.3% |
| Tangible fixed assets | 22/27 | €576,776 | €557,536 | -€19,240 | -3.3% |
| Land and buildings | 22 | €576,776 | €557,536 | -€19,240 | -3.3% |
| Current assets | 29/58 | €21,244 | €2,960 | -€18,284 | -86.1% |
| Amounts receivable within one year | 40/41 | €97 | €57 | -€40 | -41.2% |
| Other amounts receivable | 41 | €97 | €57 | -€40 | -41.2% |
| Cash at bank and in hand | 54/58 | €19,468 | €1,004 | -€18,464 | -94.8% |
| Deferred charges and accrued income | 490/1 | €1,679 | €1,899 | +€220 | +13.1% |
| Total equity and liabilities | 10/49 | €598,020 | €560,496 | -€37,524 | -6.3% |
| Equity | 10/15 | €62,090 | €86,069 | +€23,979 | +38.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €57,090 | €81,069 | +€23,979 | +42.0% |
| Distributable reserves | 133 | €57,090 | €81,069 | +€23,979 | +42.0% |
| Amounts payable | 17/49 | €535,930 | €474,427 | -€61,503 | -11.5% |
| Amounts payable after more than one year | 17 | €405,386 | €371,582 | -€33,804 | -8.3% |
| Financial debts | 170/4 | €405,386 | €371,582 | -€33,804 | -8.3% |
| Amounts payable within one year | 42/48 | €130,544 | €102,845 | -€27,699 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €33,234 | €33,804 | +€570 | +1.7% |
| Trade debts | 44 | €63 | €1,368 | +€1,305 | +2071.4% |
| Suppliers | 440/4 | €63 | €1,368 | +€1,305 | +2071.4% |
| Taxes, remuneration and social security | 45 | €18,642 | €9,569 | -€9,073 | -48.7% |
| Taxes | 450/3 | €18,642 | €9,569 | -€9,073 | -48.7% |
| Other amounts payable | 47/48 | €78,605 | €58,104 | -€20,501 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,240 | €19,240 | = | 0.0% |
| Other operating charges | 640/8 | €2,693 | €2,911 | +€218 | +8.1% |
| Gross operating margin | 9900 | €61,226 | €62,982 | +€1,756 | +2.9% |
| Operating profit (loss) | 9901 | €39,293 | €40,831 | +€1,538 | +3.9% |
| Financial charges | 65/66B | €7,858 | €7,283 | -€575 | -7.3% |
| Recurring financial charges | 65 | €7,858 | €7,283 | -€575 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €31,435 | €33,548 | +€2,113 | +6.7% |
| Income taxes | 67/77 | €8,670 | €9,569 | +€899 | +10.4% |
| Profit (loss) for the period | 9904 | €22,765 | €23,979 | +€1,214 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,765 | €23,979 | +€1,214 | +5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.