Melina: 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.
Melina
Largest movements
- Receivables within one year +€271,465
up €271,465 (+222.7%), from €121,921 to €393,386
of which Trade receivables: +€327,375
- Cash -€27,377
down €27,377 (-98.5%), from €27,782 to €406
mainly Receivables within one year (-€271,465) and Contributions, distributions and other (-€69,792)
- Reserves +€252,766
up €252,766 (+183.2%), from €137,942 to €390,708
- Financial income +€275,112
up €275,112 (+495.8%), from €55,484 to €330,596
- Taxes -€4,199
down €4,199 (-100.0%), from €4,199 to €0
- Depreciation -€1,212
down €1,212 (-68.2%), from €1,777 to €565
- Other operating charges -€142
down €142 (-28.7%), from €493 to €352
- Financial charges +€85
up €85 (+139.7%), from €61 to €146
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 | €153,389 | €397,770 | +€244,381 | +159.3% |
| Fixed assets | 21/28 | €3,685 | €3,978 | +€293 | +7.9% |
| Tangible fixed assets | 22/27 | €792 | €227 | -€565 | -71.3% |
| Furniture and vehicles | 24 | €792 | €227 | -€565 | -71.3% |
| Financial fixed assets | 28 | €2,893 | €3,751 | +€858 | +29.6% |
| Current assets | 29/58 | €149,704 | €393,792 | +€244,088 | +163.0% |
| Amounts receivable within one year | 40/41 | €121,921 | €393,386 | +€271,465 | +222.7% |
| Trade receivables | 40 | €2,625 | €330,000 | +€327,375 | +12469.4% |
| Other amounts receivable | 41 | €119,296 | €63,386 | -€55,909 | -46.9% |
| Cash at bank and in hand | 54/58 | €27,782 | €406 | -€27,377 | -98.5% |
| Total equity and liabilities | 10/49 | €153,389 | €397,770 | +€244,381 | +159.3% |
| Equity | 10/15 | €140,442 | €393,208 | +€252,766 | +180.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €137,942 | €390,708 | +€252,766 | +183.2% |
| Distributable reserves | 133 | €137,942 | €390,708 | +€252,766 | +183.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,947 | €4,561 | -€8,385 | -64.8% |
| Amounts payable within one year | 42/48 | €10,745 | €4,199 | -€6,546 | -60.9% |
| Trade debts | 44 | €3,756 | €0 | -€3,756 | -100.0% |
| Suppliers | 440/4 | €3,756 | €0 | -€3,756 | -100.0% |
| Taxes, remuneration and social security | 45 | €6,989 | €4,199 | -€2,790 | -39.9% |
| Taxes | 450/3 | €6,989 | €4,199 | -€2,790 | -39.9% |
| Accrued charges and deferred income | 492/3 | €2,202 | €362 | -€1,839 | -83.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,777 | €565 | -€1,212 | -68.2% |
| Other operating charges | 640/8 | €493 | €352 | -€142 | -28.7% |
| Gross operating margin | 9900 | -€6,964 | -€6,975 | -€12 | -0.2% |
| Operating profit (loss) | 9901 | -€9,234 | -€7,892 | +€1,342 | +14.5% |
| Financial income | 75/76B | €55,484 | €330,596 | +€275,112 | +495.8% |
| Recurring financial income | 75 | €55,484 | €330,596 | +€275,112 | +495.8% |
| Financial charges | 65/66B | €61 | €146 | +€85 | +139.7% |
| Recurring financial charges | 65 | €61 | €146 | +€85 | +139.7% |
| Profit (loss) for the period before taxes | 9903 | €46,189 | €322,558 | +€276,369 | +598.3% |
| Income taxes | 67/77 | €4,199 | €0 | -€4,199 | -100.0% |
| Profit (loss) for the period | 9904 | €41,990 | €322,558 | +€280,568 | +668.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,990 | €322,558 | +€280,568 | +668.2% |
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 10 October 2026 via checked.be.