Meli Trans: 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 Trans
Largest movements
- Receivables within one year +€18,569
up €18,569 (+107%), from €17,283 to €35,852
of which Trade receivables: +€16,431
- Cash -€7,251
down €7,251 (-36.3%), from €19,995 to €12,744
mainly Receivables within one year (-€18,569) and Other debts (-€11,884)
- Financial fixed assets +€1,823
up €1,823 (+18.1%), from €10,050 to €11,873
- Other debts -€11,884
down €11,884 (-99.2%), from €11,977 to €93
- Reserves +€10,536
up €10,536 (+69.3%), from €15,200 to €25,736
- Tax, wage and social debts +€8,368
up €8,368 (+211%), from €3,968 to €12,337
of which Remuneration and social security: +€5,506
- Trade debts +€5,660
up €5,660 (+225%), from €2,516 to €8,176
- Staff costs +€24,075
new in 2025: €24,075
- Gross operating margin +€19,448
up €19,448 (+98.1%), from €19,820 to €39,268
- Taxes -€1,106
down €1,106 (-27.9%), from €3,968 to €2,862
- Financial charges +€494
up €494 (+510%), from €97 to €591
- Depreciation +€411
up €411 (+815%), from €50 to €461
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 | €48,661 | €61,341 | +€12,679 | +26.1% |
| Fixed assets | 21/28 | €11,384 | €12,745 | +€1,362 | +12.0% |
| Tangible fixed assets | 22/27 | €1,334 | €872 | -€461 | -34.6% |
| Plant, machinery and equipment | 23 | €1,334 | €872 | -€461 | -34.6% |
| Financial fixed assets | 28 | €10,050 | €11,873 | +€1,823 | +18.1% |
| Current assets | 29/58 | €37,278 | €48,596 | +€11,318 | +30.4% |
| Amounts receivable within one year | 40/41 | €17,283 | €35,852 | +€18,569 | +107% |
| Trade receivables | 40 | €12,703 | €29,134 | +€16,431 | +129% |
| Other amounts receivable | 41 | €4,581 | €6,718 | +€2,137 | +46.7% |
| Cash at bank and in hand | 54/58 | €19,995 | €12,744 | -€7,251 | -36.3% |
| Total equity and liabilities | 10/49 | €48,661 | €61,341 | +€12,679 | +26.1% |
| Equity | 10/15 | €30,200 | €40,736 | +€10,536 | +34.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €15,200 | €25,736 | +€10,536 | +69.3% |
| Distributable reserves | 133 | €15,200 | €25,736 | +€10,536 | +69.3% |
| Amounts payable | 17/49 | €18,461 | €20,605 | +€2,144 | +11.6% |
| Amounts payable within one year | 42/48 | €18,461 | €20,605 | +€2,144 | +11.6% |
| Trade debts | 44 | €2,516 | €8,176 | +€5,660 | +225% |
| Suppliers | 440/4 | €2,516 | €8,176 | +€5,660 | +225% |
| Taxes, remuneration and social security | 45 | €3,968 | €12,337 | +€8,368 | +211% |
| Taxes | 450/3 | €3,968 | €6,830 | +€2,862 | +72.1% |
| Remuneration and social security | 454/9 | - | €5,506 | +€5,506 | |
| Other amounts payable | 47/48 | €11,977 | €93 | -€11,884 | -99.2% |
| Remuneration, social security and pensions | 62 | - | €24,075 | +€24,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50 | €461 | +€411 | +815% |
| Other operating charges | 640/8 | €504 | €742 | +€238 | +47.2% |
| Gross operating margin | 9900 | €19,820 | €39,268 | +€19,448 | +98.1% |
| Operating profit (loss) | 9901 | €19,265 | €13,989 | -€5,276 | -27.4% |
| Financial charges | 65/66B | €97 | €591 | +€494 | +510% |
| Recurring financial charges | 65 | €97 | €591 | +€494 | +510% |
| Profit (loss) for the period before taxes | 9903 | €19,169 | €13,398 | -€5,771 | -30.1% |
| Income taxes | 67/77 | €3,968 | €2,862 | -€1,106 | -27.9% |
| Profit (loss) for the period | 9904 | €15,200 | €10,536 | -€4,664 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,200 | €10,536 | -€4,664 | -30.7% |
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 17 October 2026 via checked.be.