MELIEN: 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.
MELIEN
Largest movements
- Cash +€238,845
up €238,845 (+107.2%), from €222,729 to €461,574
mainly Net result for the year (+€418,729) and Depreciation (+€52,832)
- Current investments +€36,000
up €36,000 (+2.6%), from €1.4m to €1.4m
- Receivables within one year +€27,721
up €27,721 (+558.0%), from €4,968 to €32,690
of which Other amounts receivable: +€21,608
- Reserves +€418,729
up €418,729 (+32.7%), from €1.3m to €1.7m
- Tax, wage and social debts -€47,597
down €47,597 (-40.7%), from €116,960 to €69,363
of which Taxes: -€54,219
- Staff costs +€40,071
up €40,071 (+8.4%), from €478,130 to €518,201
- Write-downs +€14,111
new in 2025: €14,111
- Depreciation -€13,427
down €13,427 (-20.3%), from €66,259 to €52,832
- Taxes -€12,651
down €12,651 (-6.1%), from €207,522 to €194,871
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 | €2,367,543 | €2,692,715 | +€325,172 | +13.7% |
| Fixed assets | 21/28 | €425,855 | €438,172 | +€12,317 | +2.9% |
| Tangible fixed assets | 22/27 | €425,730 | €438,047 | +€12,317 | +2.9% |
| Land and buildings | 22 | €425,695 | €377,292 | -€48,403 | -11.4% |
| Furniture and vehicles | 24 | €35 | €60,755 | +€60,720 | +173437.2% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €1,941,688 | €2,254,543 | +€312,854 | +16.1% |
| Stocks and contracts in progress | 3 | €291,859 | €302,092 | +€10,233 | +3.5% |
| Stocks | 30/36 | €291,859 | €302,092 | +€10,233 | +3.5% |
| Amounts receivable within one year | 40/41 | €4,968 | €32,690 | +€27,721 | +558.0% |
| Trade receivables | 40 | €4,968 | €11,082 | +€6,113 | +123.0% |
| Other amounts receivable | 41 | - | €21,608 | +€21,608 | |
| Current investments | 50/53 | €1,411,000 | €1,447,000 | +€36,000 | +2.6% |
| Cash at bank and in hand | 54/58 | €222,729 | €461,574 | +€238,845 | +107.2% |
| Deferred charges and accrued income | 490/1 | €11,132 | €11,186 | +€55 | +0.5% |
| Total equity and liabilities | 10/49 | €2,367,543 | €2,692,715 | +€325,172 | +13.7% |
| Equity | 10/15 | €1,775,705 | €2,194,434 | +€418,729 | +23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,280,221 | €1,698,950 | +€418,729 | +32.7% |
| Distributable reserves | 133 | €1,280,221 | €1,698,950 | +€418,729 | +32.7% |
| Profit (loss) carried forward | 14 | €476,884 | €476,884 | = | 0.0% |
| Amounts payable | 17/49 | €591,838 | €498,281 | -€93,558 | -15.8% |
| Amounts payable after more than one year | 17 | €245,075 | €222,839 | -€22,236 | -9.1% |
| Financial debts | 170/4 | €245,075 | €222,839 | -€22,236 | -9.1% |
| Amounts payable within one year | 42/48 | €342,675 | €271,442 | -€71,234 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €21,879 | €22,236 | +€358 | +1.6% |
| Trade debts | 44 | €176,369 | €179,842 | +€3,473 | +2.0% |
| Suppliers | 440/4 | €176,369 | €179,842 | +€3,473 | +2.0% |
| Advances received on contracts in progress | 46 | €23,032 | - | -€23,032 | |
| Taxes, remuneration and social security | 45 | €116,960 | €69,363 | -€47,597 | -40.7% |
| Taxes | 450/3 | €80,147 | €25,929 | -€54,219 | -67.6% |
| Remuneration and social security | 454/9 | €36,813 | €43,434 | +€6,622 | +18.0% |
| Other amounts payable | 47/48 | €4,436 | - | -€4,436 | |
| Accrued charges and deferred income | 492/3 | €4,088 | €4,000 | -€88 | -2.1% |
| Remuneration, social security and pensions | 62 | €478,130 | €518,201 | +€40,071 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,259 | €52,832 | -€13,427 | -20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,111 | +€14,111 | |
| Other operating charges | 640/8 | €7,084 | €8,302 | +€1,218 | +17.2% |
| Gross operating margin | 9900 | €1,182,726 | €1,182,335 | -€391 | 0.0% |
| Operating profit (loss) | 9901 | €631,253 | €588,889 | -€42,365 | -6.7% |
| Financial income | 75/76B | €39,795 | €47,468 | +€7,672 | +19.3% |
| Recurring financial income | 75 | €39,795 | €47,468 | +€7,672 | +19.3% |
| Financial charges | 65/66B | €17,321 | €22,756 | +€5,434 | +31.4% |
| Recurring financial charges | 65 | €17,321 | €22,756 | +€5,434 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €653,727 | €613,601 | -€40,127 | -6.1% |
| Income taxes | 67/77 | €207,522 | €194,871 | -€12,651 | -6.1% |
| Profit (loss) for the period | 9904 | €446,205 | €418,729 | -€27,476 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €446,205 | €418,729 | -€27,476 | -6.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.